MikaelZg

MikaelZg

Late joiners beware You’re absolutely right to question this +5% move in QQQ (Invesko Nasdaq Index Etf). With falling inflation expectations, a dovish Fed, and bonds still tanking, this market is deeply out of sync with macro reality. It’s not the start of a new bull, it’s likely the end of a delusional bounce — and it might be the best short setup of the...

MikaelZg

There is an old saying when you look at macro-economics - 'When people stop buying chips, take your bets off the table". You can always know when the house is about to win. It's when the numbers of people at the chips window is starting to teeter. When the house sees that, they push the buzzer int he pocket of all the dealers - "take the chips back from the...

MikaelZg

The trend is your friend. Late to the party anyone? Tech is going to be so big this year, I know it.SHORT QQQ

MikaelZg

Today I see the QQQ struggling to break another ATh on it's winning streak. Like many investors, I have no reason industrially to believe that the entire information technology sector is worth 2.5x what it was worth in 2020 spring. It was overvalued then, and now, well, goldilocks is about to meet the bears and say - well, I want it that way (pointing to the cold...

MikaelZg

This is as meaningful as it gets. It still might have support here, or it's a triple top. We will find out within 7 days.

MikaelZg

There is a time in everyone's life when the fulcrum is reached. I agree with those who say it is validated with any close below 5650. We are going to re-test the supports now. I am 3x leveraged on a retaacement, utilizing 10% of the bond portfolio , for hedge on my equities

MikaelZg

Repairs the world has a lot of enthusiasm four consumer sentiment, let's not forget the wonderful consumer sentiment is driven by credit cards. The trickle down economics of the soft landing will reap many billions of dollars in interest fees over the next 12 months, before interest rates are brought down, the US consumer will be brought down, that is what the fed...

MikaelZg

Short. I am in watching this for a while now and it was just such a perfect totally uninterrupted rally. Doesn't anyone seem to think that rebound from the falling knife a few weeks ago I was a bit to perfect looking? I have 10% of my portfolio on puts for August 23, because I just can't imagine closing in on this last final one percent to ATH without a correction