We have seen this many times before that has produced high-accuracy calls. Great Risk risk reward.
M2 money supply reaches its peak corresponding with a decline in the stock market. Coincidence? No. In April 2020 I posted the same chart with the words "#MMT Everything" Gov't Free money backstopped the risk to investors fueling a massive Stock Market Rally and Inflation. Euphoria on Steroids. Most made the mistake of reading market Euphoria as evidence...
Great stock had a fantastic run but it seems it may be topping out in a wave 3 in a bearish rising wedge that needs to correct. Wait for the CRACK!
Red Roof Inn, "You can smoke crack here!" An easy way to remember Red Roofs are bearish structures. H&S everywhere. This is a simple setup with great risk/reward. If the price breaks above the Roof it's a stop on the short. If not enjoy your profits.
Yet Another Bearish Structure. This is a simple setup. A fully formed valid bearish rising wedge that is about to crack. Gove the state of the market the crack could come fast and furious. As such I am posting it a bit early. However, wait for the CRACK!
It is never easy to call a short publicly in kick-ass companies like Apple, CRM etc.. In fact, it is TA suicide! Being a hero is the world's shortest-lived job. I know it, yet I chose to put my a$$ out there and risk great humiliation from astute gentlemen, ladies, trolls, and pikers. Believe me, it is far worse than losing money! Having said that, it doesn't...
I don't know how many times during 2021 - 22 I heard AMZN will "save the market". I wish I had a penny for each time someone said that. As we all know AMZN didn't save the market. I heard it again yesterday and rolled my eyes. Anyway. We have an erection (that we know is followed by a correction) right into a double top. (we also know a double top can either...
In 2023I will focus a bit more on helping the tradingview community to become better traders and investors using my approach. I will use the update feed to post my Comments, Thoughts, and charts about economics, trading, and investing. I will try to answer questions but am limited in what I can say publicly. Please keep that in mind. Of course, I will keep...
Most don't realize it but stocks are actually down -20% inflation-adjusted. Remember no matter how high the price goes we are always 100% from zero. As such losing 1/5 of the total value is a horrific loss to investors. "After Nukes, Inflation is the 2nd worst thing that could occur to people." Charlie Munger TRUE! So when you hear your favorite economic...
NFLX has been very strong for over a year now. However, all good things come to an end. We have a Head and Shoulders pattern about to break structure. Great Risk reward setup
Dashes ---- on PE is all I got to say about that. Going up a wave is fun! Going down a wave not so much. CAUTION! is in order!
Airlines have a lot to tell us about the economy. Leisure is the first to go when families and Biz start to feel the pinch. I first started warning about it here on tradingview back in March 2021 see chart below. As is usually the case, barely anyone noticed what I posted back then or since. Why? The chart back then seemed very bullish and all the news talked...
Anytime we see a rapid change in food price inflation we end up with global instability and war. This is not the first time I have pointed this out on tradingview. In 2011 we had the Arab Spring. In 2022 we have the spread of Russian terrorism, in Syria, Ukraine, all over Africa, Azerbaijan/Armenia, Kosovo/Serbia, and now Israel. Back in March 2021 when no...
Russian stock Market in dollar terms has suffered unspeakable losses. Let's break it down. Since 2008 (15 years ago) down -60% Since 2011 (12 years ago) down -50% Since 2021 (2 years ago) down -45% Anyone who bought Russia since 2005 has not only lost in nominal price but has also suffered massive losses against inflation. More info. I wrote here USDRUB...
After 50 long years of rising and holding this trendline, it has finally broken this week. This CRACK is a WARNING to all the ABT Bulls.
Cryptos have been a complete disaster as the chart shows. We have a massive H&S at a top A huge bear Flag A structure forming below a bigger structure Price actions violating the bottom trendline like its nothing but going nowhere. The chart is screaming a big warning to all the bulls out there. CAUTION!
IPO used to be such a hot ETF to own for the "Buy The Dippers" The perma bulls couldn't wait for more stock to come to market. As is always the case Euphoria eventually fades and reality hits hard. This chart is a great example of how greed and fear paint themselves on a chart. Anyway, yet another bearish structure in this chart is CRACKING a key area issuing a WARNING!
While we love Shake Shack The stock market right now is not. it topped out with a H&S that broke followed by a Head test that failed. Now it is breaking a key area of a bigger structure which is bad JUJU for bulls. CAUTION!