In my last piece, I'd had the downtrend coming too early as only a technical formation to follow through. Now the news would not allow any sunshine close to the S&P's Best so soon, as the Trump Administration will introduce tariffs to Canada and Mexico imports. The short term trends on the index are already in the red. More Tariffs The Administration also...
Donald Trump's inauguration for his second term will shake the market to adapt to his fringe trade policies. The upcoming Trump Administration already announced to impose tariffs which will advance the cause for more domestic production, but as the general cost of goods will rise, so will inflation. The first correction of the market will set S&P500 below its...
We identify a negative shoulder-head-shoulder formation which at it's end touches the 200 day line, all ahead of today's news that the chip maker's market is plumeting. Additional put/sell signals are triggered when the trend lines confirm or the price won't come back over 200D. Microsoft is renown for its involvement in AI products, especially in OpenAI. The...
NVIDIA continues to announce reports of a growing business, but this growth's velocity is slowing down. The chip designer has reached peak interest on the financial market both in institutional and private investors, for which the buy-back plans of NVIDIA might be the only remaining driver of evaluation. The delay of Blackwell will lead to a stall of growth for...
Until the Fed is due with further rate cuts, as expected by the market in fall, the Magnificent Seven and the Tech sector in general are in a valley. Reports on earnings from this eclectic group have been discouraging so far, and analysts see NVIDIA at the peak of investors' interest: large funds will not buy additional shares due to risk management, and small...
On it's all-time high, NVDA faces a major correction in a SHS-formation. While chart patterns indicate an early turn after the everlasting boom of the paper, the split indicates that NVDA has seen its saturation among big capital funds and portfolios, and tries to appeal to small-cap buyers with a more affordable price - a clear sign that the chip designer itself...
We look into three possible future timelines in regards to the PRC. The war on Taiwan will lead to a disruption in Western dominance as the US will turn to a stagnating "fallen empire" after GOP sets another mark on American politics 2024.
The New Year might conclude the calm Christmas Rally with a correction. We currently see an ongoing Bull Flag formation for as long as the blue zone isn't left. Thickness of arrows marks their likelihood. In general, the heated rally - which completely opposes last year's development - will call for an ongoing cooldown pretty soon. Markets might overheat on the...
USA's Best 500 are about to establish a bullish channel after a bullish teacup, but still has some chances to break out of it.
Netflix loosing momentum and is likely to rebound to fibonacci levels before breaking the ATH. A rebound on the quickest Moving Average 38D will most likely trigger a breakthrough, while a rebound on the second quickest Moving Average 100D will recouchér back down up until recent down levels - Netflix would enter a sideway zone. A rebound is prone to happen due a...
Passing the moving averages in the near future, McDonalds will remain in a stable uptrend channel.
An unlikely winner in the current recession, Netflix could continue a trend down unless it breaks out the trend channel within the remainder of October. Despite promising results earlier this week, Netflix bounced on the channel's upper edge. Now this could be only a resolution of a few targetted positions by a few traders aware of the channel, but if the trend...
The handle of a giant cup would make SPX return to earlier heights once price action would break through a streak of economy blues. Short-term patterns confirm this strong probability. If a draw-down away from the breakthrough line turns out smaller than the past one by returning to the line, another signal is generated. On the day of this writing, all SPDR...
NASDAQ:MSFT NASDAQ:NVDA NASDAQ:GOOG NASDAQ:AMZN NASDAQ:INTC NASDAQ:AMD As the common market motion is embracing a recession, one of Bloomberg's Magnificent 7 fights hard to keep a stiff upper lip. But not only as the signs of the times currently stand, but also by their own decisions, NVIDIA will get in turmoil. Background In my view (working in IT...
For the past weeks, the earlier scenario of a crashing SPX did not play out as twitter expected, as I pointed out in one of my earlier analyses (see linked idea). Instead it upheld on the upside as I expected, which it would have continued if the sky would not darken again. But the overbearing event, which was missing on the index earlier and eventually failed the...
Germany's Most Wanted follow up on Bull's Island I published a while ago after a period of back and forth in a side channel. Only today the DAX broke out an important side-range sub channel in the recessive zone. Not only will Fed's decisions and strong employment market data from the U.S. impact Germany's industry. A common recession in China, followed by...
50D chart on German textiles maker Adidas provides an opportunity for a long chane. The distance to the ATH is approximately 86%.
XETR:DAX - Germany's Most Wanted surtopping its ATH over 16'400 became unlikely as EU enters recession, now that China is on the brim of a recession and Beijing issues stimulus, and the U.S. is expected to turn to a landing, whether hard or soft. This chart shows a best case scenario for the DAX in a cooling world economy: a correction to the Moving Average 200.