CantorTechnologies

CantorTechnologies

What's up everyone, People seem to think the PE ratio is not important anymore. Everyone is about these "growth" stocks and what not. Let me just say this - and I know Warren Buffet, Charlie Munger, and Ben Graham will agree with me: if you long companies that are trading well past a 20 PE ratio, you are SPECULATING. I have no problem whatsoever with...

CantorTechnologies

What's up friends, AMZN rallied today only to fall even lower than yesterday in after hours trading. Now here's the best part of my day: going over how I was right and made everyone monay! No, but seriously, so this is the first post: We have since hit the target I have set, so I would go ahead and lock in some/all of your profit at this point. Trade...

CantorTechnologies Updated 

Hello all, Quick AMZN update: it's going down. Still nothing bullish here, the trade is looking like it's going to be a good one. Hopefully, you managed to get out when I said to. DON'T BUY THIS DIP! -YoungShkreli

CantorTechnologies

Hello all, I have been saying the US stock market is going to crash for about a year now, and well, it looks like I might be right. The significance of my moving averages is due to the fact that they represent 1 year, half a year, and a quarter of a year. You'll notice the year held in the last dip, but has not this time. This is a bearish signal. In addition...

CantorTechnologies

Hello everyone, I haven't been making many Bitcoin posts lately because the volatility has been dead and I haven't had an opinion. Well, here's what I will say: I am leaning bearish on BTC. I believe it is likely that we will break out of the descending triangle to the downside and retest $5k support. With the last pump being completely ineffectual, we are not...

CantorTechnologies

Hello wonderful people, This is the last post I made on the SP500: . You can see that I thought it was overvalued there and now the technicals are turning bearish. It's looking ugly as far as I am concerned. My targets are outlined above. If you look in the link you'll see data about the PE ratio of the index. If you are interested in seeing a spreadsheet...

CantorTechnologies

What's up good people, This was the last update I made for AMZN: . Not much has changed. I am still very bearish on AMZN and with the US economy still heading lower I am becoming ever more confident in this trade. Same as before though, I would either take a small profit from my entry or at a break of the ATH. AMZN is looking extremely weak though, so the...

CantorTechnologies

What's up guys and gals, TLRY has breached support in 2 major ways (MA and green line). I've talked about how TLRY is massively overvalued at these prices, best case scenario is a drop to green line at the bottom. This stock is VERY LIKELY to fall 50% in the coming months. That's being optimistic. In the last post I made: I was bullish, but in the comments,...

CantorTechnologies

Hello all, Well, here is an image to have you running for your brown pants... Charts look pretty similar don't they? If you've been following the price of ETH, which I assume you all have, it's sitting at $200. That is a substantial drop from the price above. That could easily be Bitcoin's fate and so at the moment, I am not exposed to bitcoin. This last...

CantorTechnologies

What's up guys, AMZN had a bit of a bounce yesterday, but it was weak and short-lived. I am pretty sure the party is going to come to a crashing halt for this company and the entire US economy and that we might be starting a downtrend now. Be safe, -YoungShkreli

CantorTechnologies

What's up everyone, Quick update for you. You should NOT be buying ETH with the recent pump. It is very likely to dump right back down if all that is in this is Tether. People will be looking to transfer their newly bought ETH and selling them on exchanges where a fiat conversion is possible. Be safe and don't jump into anything irrationally. Good luck. -YoungShkreli

CantorTechnologies Updated 

What's up everyone, Today, I will share with you my two cents regarding Tether. Firstly, I do not trust Tether. I do not trust anyone or anything with my money without full conviction - or at least very low risk and high probability of success. You should not either. Therefore, my behavior signals that I do not believe that Tether is backed 1:1. Let's think...

CantorTechnologies

Hello everyone, This will be a short post and the last post I make using Bitfinex as my data source. Firstly, it is clear that this pump is due to a serious sell-off in Tether and nothing more (probably). Although, this wick hit $7,700, it did not hold even $6,700 so it is a very weak move. This candle is not bullish. I understand it is large and green, but there...

CantorTechnologies

What's up my faithful readers, I am back from a few day hiatus. They are infrequent so don't get used to them :) I have a few things I want to talk with you about. As you can see from the chart, on Bitfinex, the price reached around $7,700. It was at a $1,000 premium compared to other exchanges. As this was happened, the price of Tether fell drastically to $ .85...

CantorTechnologies

Hello friends, In my last post, I explained to you all what backwardation is and why it is bullish. I also noted that bitcoin was not in backwardation anymore and so we had one less reason to be bullish on bitcoin. You can read that here: For a while now, I have been saying that we are in a no-trade zone and that remains the case today. I would not be shorting...

CantorTechnologies

Hello ETH traders, This is the first article I made on ETH on tradingview. If you'll have a read of it, I said: "So, here's what I suggest explicitly. Wait for Ether to fall to $300. If it falls below $300 then buy Ether at the end of the first week that the weekly ashi stays green. That will be a fantastic entry and may very well prove to be very close to the...

CantorTechnologies Updated 

Hello all, So far, on the short I would have taken had I been trading this, I'd be up 10%. I'm not trading this however, and I likely won't until I become certain the entire economy is in a downtrend. I did say that if you were in AMZN to get out, and as of now, that was the right choice. Have a read of this article: my.vanderbilt.edu It is Ray Dalio's...

CantorTechnologies

Hello all, As you may know, I've been eyeing a trade in the ETHBTC pair for quite some time now. This said, I feel no urgency to jump in this trade. I am calm. I am patient. It is important that you develop a strategy and stick by it religiously. I am very excited to jump into this trade when it is ready, but I must wait. The markets are the means by which...