AftabAli

AftabAli Updated 

Highlighted are levels that I'll be watching as silver and gold enter a new bull market.

AftabAli

Spread b/w variable and fixed rates. As the spread widens, it expresses the propensity for banks to hold excess reserves over lending. During an expansion, the spread generally hovers between +/- 6 bps. During the credit crisis of 2008, the spread expanded wider than 360 bps. Moving into the back half of 2019, it will be critical to keep a close eye on this metric.

AftabAli

Potential drop from now until mid October.

AftabAli

Spread b/w 3M T-Bill & 10Y Bond is bottoming out and is setting up a potential long spread trade. Buy the 3 month, sell the 10 year.

AftabAli

Intersecting trend lines with divergences all over the charts. Take heed, the ship is coming down...

AftabAli

Starbucks is taking a page out of Bitcoin's playbook on exponential price action. Short this garbage.

AftabAli

Very straight forward short sale opportunity. Negative divergences on MACD and RSI, coupled with POC and key Fib level @ $87.83.

AftabAli

Massive divergences on the MACD and RSI. Target of $94.36.

AftabAli Updated 

Welcome to stagflation America, where GDP slows and inflation erodes purchasing power. I'm fairly confident US will start to cut rates as the govt will be unable to service the national debt on short term maturities, even with Fed funds rate at 2.5%. This nonsense of borrowing to consume discretionary goods is going to end, and dollar denominated assets are going...

AftabAli

All the cheap money lending is finally catching up with the banks. Short this garbage with confidence, knowing that the US economy is about to get canned. Cheers.

AftabAli

Massive divergence readings on both the RSI and the MACD. Positioned to fill the gap around $77 per share by end of September.

AftabAli

Time to short this nonsense. Looking for this thing to hit just under $1K by December of 2019.

AftabAli Updated 

Immediate term oversold signal. Bullish MACD and RSI divergences on the 1 hr charts. Several gaps to the upside with high probability for partial fill. Optimal strategy is to sell put credit spreads one week out.

AftabAli Updated 

Deeply oversold. I'd start to accumulate here with $238 price target exit by end of July.

AftabAli

Absolutely mental. This nonsense is going to reverse hard. Looking for spot 43 by end of September... Yeah, it can reverse that quickly. Take heed.

AftabAli

Seriously, who the hell is buying this. I am amazed as to how big this entire bubble is ballooning. Daily RSI hit 84+ today, and we have massive MACD divergences. Looking for $205 by end of May.

AftabAli Updated 

FAANG stocks are once again a crowded trade. Risk/reward favors the downside, and considering this garbage is 4%+ of the S&P 500, the sell-off after GOOGL's earnings call today will likely trap S&P bulls at the top end of the risk range. Short term price target of 1175. Cheers.

AftabAli

82+ on the 1 hour RSI: Short this garbage.