BigPippinSpendingGs

BigPippinSpendingGs

Short term target around $4040 on the S&P. This bounce we are currently going through may likely fail and break down starting tomorrow.

BigPippinSpendingGs

4th wave down will be worse than the great depression. 5th wave up will be caused by massive inflation (permanent inflation) through money printing in the US. Just know that when the massive crash comes it will be faster than covid crash. People don't realize that Trump de-regulated the stock market when he got elected and massive amount of financial engineering...

BigPippinSpendingGs

I know when we bring up PE ratio people look away and say it doesn't matter. Yes it is true to certain point but if you look at the history 100% of the time these overly priced stocks mean revert back to fair value. Having 250 PE ratio and $1 trillion market valuation is insane for any company that is only generating $60 billion in sells (not profits). It is...

BigPippinSpendingGs

The next election will play a big part which may follow by social unrest and stock market crash. Might crash faster than Covid did...

BigPippinSpendingGs

This ABC pattern is likely to play out in the next 2 years. I wouldn't rush into buying anything right now except mid and long term bonds.

BigPippinSpendingGs

I think we are in a ABC correction and we are currently in C wave down with minor 5 waves. I expect the prices to reach around $4000 next week.

BigPippinSpendingGs

Likely will reach 1.618. S&P500 will likely print between $3920-$3850. Always, long VIX with caution.

BigPippinSpendingGs

At crazy valuations I have to think this way. Two possible price movement with both pointing downward first. Might be good to stay away and watch the price action before blindly going all in. Especially when demand is coming down for products in the US. Thanks for the view...

BigPippinSpendingGs

This goes for all the companies that are trading well above 30 PE ratio. Fundamentals doesn't matter until they mean revert violently. History is always right...

BigPippinSpendingGs

Thanks for the view and hit the like if you like the drawing. :)

BigPippinSpendingGs

Possible price movement going towards the CPI data on Feb 14th, 2023. Good luck trading!

BigPippinSpendingGs

Oil always over react to inflation as history say. I think Bond prices are going to come right back up along with stocks. Meaning we are about to have a risk on event imo.

BigPippinSpendingGs

Everyone is talking about de-dollarization but nobody is talking about dollarization. This is part of IMF's plan to dollarize the world and change the name to "One World Currency". The future is much brighter than a lot of people think. We are heading towards a world where stock markets around the world is going to do very well due this one world currency....

BigPippinSpendingGs

Bullish cash for Nvidia. Corrective ABC wave with a strong C wave up. Which match up with bullish case for S&P500 with price target of 4365.

BigPippinSpendingGs

Warning there might be a sharp deflationary crash in the markets soon.

BigPippinSpendingGs

Major bounce on Monday is likely and a major price drop on Tuesday is also likely... Happy trading!

BigPippinSpendingGs

Sometimes I feel like these things are all planned out. This is why I love charting...

BigPippinSpendingGs

The trend was started in 2017. Covid crash was just a bump on the road to something really big.... Once in a lifetime crash in one the way IMO...