Very low risk buy signal popped in NASDAQ:NVDA today, if you were not long, today was a good time to join the uptrend. Fundamentals are very clearly positive despite investors' fear surrounding the restrictions to sell AI chips to China. NASDAQ:NVDA isn't going anywhere, but up long term, together with the market here. Best of luck! Cheers, Ivan Labrie.
Interesting turn of events after this long weekend, we had the Taiwan elections and the GOP Iowa caucus results favoring Trump by a landslide...FX trends are turning around with the Dollar Index reflecting this, paired with recent doubts of projected rate cuts timing after inflation data came out. I would suggest buying some exposure to FX:USDJPY longs here,...
Nice breakout in NASDAQ:MELI this month so far, quarterly trend confirmed last quarter, and we now get new highs which gives us more confidence on the breakout being a legit trend. The daily timeframe triggered a new trend signal, which suggests immediate upside from here, which lowers your risk of entering now to join the longer term trends active. Good spot...
Very nice setup forming here in $META, if it takes out last week's highs I think it can gain traction and likely do very well during Q1 2023 next. It's been basing and holding up with relative strength vs the broad market, which is a good sign, and also might benefit from a potential TikTok ban, as mostly $META and $SNAP control social networks used by Gen Z for...
Nice weekly trend in $META here...As Zuck's leadership continues to impress shareholders finally addressing the excess fat that needed to be shed, the company is well positioned to monetize the growth in Emerging Markets (India, with reshoring, Mexico...) that are heavy users of Whatsapp and would be a boost to revenues from monetization over time, while the...
A component of the 'near-shoring' trade: long Japan as it benefits from China's downfall as prior world's factory and geopolitical tensions increase and global trade dynamics get trickier. Technical chart favors explosive upside within the next 6 months, it might pay off to dive deeper and find the more promising single stock names that might benefit the most...
We are in full 'wall of worry' season based on the data I collect regarding sentiment... Constant notice from people wanting to sell before the ETF causes a sell the news situation, people hesitant to pay up to buy after missing the start of the rally, and generally reluctant to withdraw funds to non-custodial wallets and engage with DeFi and whatnot. I...
Very nice low risk buy in AMEX:XLU here, upside is substantial vs risk. The trend signal here predicts upside for 7 weeks or less, until $71.30 is hit, as long as the stop loss area is not reached (below $61.97 in this case). You may use this sector ETF signal to research individual names that might have higher reward to risk or interesting fundamentals as...
I plotted 10 year of returns after monthly trend reverses from bear market to bull market in #SPX since inception of the data, this normally happens at major dislocations and massive long term bottoms in the stock market where sentiment resets and things turn around for a long time to follow, this signal popped in June 2023, quarterly trend turned bullish by end...
Wonder what the catalyst is here, perhaps renewed interest in liquid staking and restaking protocols (Eigenlayer)? Mid and long term charts are aligned here, showing clear bullishness, so if you enter long positions this week, you may benefit from rather immediate upside, which will make price get further away from the danger zone where the trade would be...
Strong trend signal here indicating continuation, 1 day before a potential ETF approval announcement by the SEC... Low risk entry if you're not in, provided the ETF is approved, that's the risk. You could trade this in many ways, keep in mind minimum risk is 2.75% down from here if you use daily chart data. Option premium might be elevated, so you could perhaps...
Long term #BTC chart variables evolving, we now need to figure out whether the quarterly trend continues from here, or if it requires longer time sideways at this price, to then trend strongly again during Q2 or Q3... The current trend has an 8 quarter mode where #BTC was accumulated and changed hands from weak to strong buyers. The action we had in Q4 2023...
Bitcoin futures chart looks TREMENDOUSLY bullish... I was looking at protective puts in case of a negative SEC decision causing a black swan decline but this chart makes me think it's not necessary to buy insurance here. (although payoff was like 22 to 1 for OTM puts expiring by Jan 12th) If this signal here works, the 'Explosion Pattern' in the latest...
Hope everyone has a happy new year's eve today! All the best for the year to come, it's gonna be a good one, I'm sure of that. Massive opportunities are setting up in most markets, you just have to pay attention and be on top of low risk setups. I know I will do my best to do this, join me if you wish to tag along. Best of luck. Cheers! Ivan Labrie.
This signal is very interesting here, there's a huge lag in the Canadian Dollar vs Crude Oil chart since 2018, favors long CAD exposure to play catch up to oil, you could delta hedge it with Crude Oil shorts (I'd try to fit the volatility in each leg, rather than use 1:1 matching Dollar weight). This likely has been the result of Canada's policy regarding...
After a bearish trend since June, #RPL is now accumulated and ready to rally from here... Best of luck! Cheers, Ivan Labrie.
It caught my eye that now both the BINANCE:SOLBTC ratio and the BINANCE:SOLUSDT chart are flashing huge trend reversal signals in long term charts this month. Downside risk is roughly 25% down from here, to invalidate the trend. Upside potential depends on how long the trend lasts, but for the time being we're looking at something between $65 and $217 by June...
Seems like a low risk entry to go long Crude Oil here, and also a good hedge for equities, and the inflation under control thesis under pinning bullishness in stocks. Best of luck! Cheers, Ivan Labrie.