LordWrymouth

LordWrymouth Updated 

Last week saw SPX and Nasdaq's bear market rally finally clip into April and May highs before the week finished notedly, albeit not too terrifyingly, lower. All along the way, none of the Twitterati or the media cartel has so much as issued a peep about the Federal Reserve's critical Jackson Hole meeting lying in wait at the end of August. Notably, two of the...

LordWrymouth

I'm not a big fan of the meme stocks and I'm not a big fan of speculating. However, I was scrolling through the charts and I noticed that Blackberry BB had a unique tell in its monthly chart, which I will show inline since I have to make the post on the weekly candles, otherwise it won't display: Simply put, BB has never broken its pre-meme pump and dump lows...

LordWrymouth Updated 

To begin, I want to tell you that you should not have faith in digital currencies. The rogue faction within the Chinese Communist Party is, and has been for years, behind the scenes. Wall Street are, and has been for years, the Party's abettors and blood transfusors. I also want to tell you that global markets in general are about to experience something far...

LordWrymouth

When people consider the COVID-era market cycle, especially the part where everything went up on a 75 degree angle without any particular pullback for a year and a half, they seem to have been groomed during that long process to consider that normal, and that it's going to happen again. Well, the truth is that it probably is going to happen again. One really...

LordWrymouth Updated 

I heard on Reddit that BBBY is prime for a major pump because Ryan Cohen talked about spinning Buy Buy Baby off into a separate company, which would in effect create an airdrop of new stocks for holders. I heard on Reddit that BBBY is due for a pump because Ryan Cohen bought Jan '23 calls @ a $50 strike. I heard on Reddit that BBBY is due for a pump because...

LordWrymouth Updated 

This coming week is going to be an exciting week for both bulls and bears. There's going to be a lot of volatility, and it won't be particularly easy to trade. It's a trap designed to make you both greedy and fearful at the same time, so I hope you can do well amid the "chaos," and not lose too much money. Here's key factors to consider: 1. Stocks have been...

LordWrymouth Updated 

The major indexes all trade together, but have different types of patterns. NASDAQ has been crazy bullish, and will be crazy dumpish, because retail likes to lose money buying call options on tech stocks because some 20-year-old wearing a baseball hat on TikTok told them to, and because tech stocks are cool. More seasoned professionals like to lose money buying...

LordWrymouth Updated 

Tourmaline's pullback from it's $80 all time high and its bounce off the previous all time high is simply not deep enough, as evidenced by today's stop run over the June monthly close, which also produced one of those very credible "head and shoulders" patterns, on the back of the maniacs in the Natural Gas market running a monster short squeeze that ruined a lot...

LordWrymouth Updated 

The truth is that the energy sector has been doing really well. WTI Crude appeared to can't stop won't stop, and then Natural Gas appeared to can't stop won't stop. Now, both NG1 and WTI are going to dump as the Federal Reserve points a nuclear bomb at the so-called "inflation," which in reality are high commodities and high stock prices. Shortly it will appear...

LordWrymouth Updated 

The end is nigh for digital currency. Bitcoin will never see $12,000 again. The Party in equities is also about to end like the Hindenburg and mankind will reap the rewards of all that it has sown in the process of helping the Chinese Communist Party install socialism and persecute Falun Gong around the four corners of the globe. There is a lot of money to be...

LordWrymouth Updated 

I don't know much about this company or if it's legitimate. To be honest, I have skepticism about anything resembling its business model, specifically, anything that's supposed to become big as a result of the hysteria around the Wuhan Virus pandemic. However, I'm a big believer in leaving the technical analysis to the savants at the large firms and letting it...

LordWrymouth Updated 

The number one thing to understand about what's about to happen is this: Bitcoin is not bullish. Bitcoin is not bullish, but price is going to go up. It goes up for the same reason that the knife on a guillotine goes up before it drops and severs heads. You shouldn't have faith in cryptocurrency. Whatever brought it to this world, it is not what it once was. If...

LordWrymouth Updated 

The reality is that the metals market makers are absolute savages. But the reality is simply that the retail mentality is wrong. You are taught to be fearful when you should be greedy and to be greedy when you should be fearful. Staring at the charts all day and losing money trading consolidations only reinforces these bad habits. The truth is, Silver will fall...

LordWrymouth Updated 

Gold follows a surprisingly similar pattern to Bitcoin in 2016 during the beginning of its run up around $2,900. The dump from $2,900 to $1,800 almost wiped a lot of people out. It did wipe a lot of people out. Mostly, a lot of people got stopped out "managing their risk" at the point where it bounced. Then the market makers laughed and sent Bitcoin sharply...

LordWrymouth Updated 

For 20 years, the market has never had anything but dips to buy. Even the 2008 "Financial Crisis" was just a dip to buy. Even the March illusion of a pandemic was just a dip to buy. However, a pendulum always swings from one side to another. What throws people off and makes trading so difficult is that you can know: Where the market is going What direction...

LordWrymouth Updated 

These markets will not make life easy, especially if you're trading with leverage. The reality is, markets across all asset classes are in big trouble for bulls. The unrest in the United States as the showdown between President Donald Trump and the human race and Joseph Biden and the socialist Democrats and the Chinese Communist Party behind them is about to get...

LordWrymouth Updated 

The death of socialist United States Supreme Court Justice Bader-Ginsburg is a wildcard thrown into the mix during these difficult times. The reality is, President Donald Trump and the people working towards the elimination of the Chinese Communist Party will move to install an upright Supreme Court Justice in advance of the November election, as much of whether a...

LordWrymouth Updated 

Natural Gas has no reason to not trade higher than $2.7. On long time frames, it has already long since turtle souped the $1.6 low. There's a nice fat previous high right below a big figure at $2.9. $1.85 is where you want to see it, and expect to see it do what GBPJPY just did on the four hour. You even have the luxury of a tight stop and a huge RR.