Polygon MATIC scams have skyrocketed in recent months. While some few wise people believe that Polygon MATIC is a scam, the reality is exactly the same. there have been instances of people in the Polygon MATIC industry who have exploited innocent investors. While it's true that there are scams, a Polygon MATIC is a scam because the perpetrator is taking advantage...
Banknifty is currently in positive trend. If you are holding long positions then continue to start taking profit. You can go short in Banknifty with stoploss no more than one percent of your account. I'm expecting this to hit 30k in few weeks. **Please keep in mind this is not financial advice** hit the like button for more ideas and updates
Hello Traders, I think July is going to be very reflective, or similar, to what we’ve seen in June, The uncertainty and volatility that’s been happening in the market, and the underlying factors driving that, are very likely to continue. What do I do at the moment? Raiding the momentum. Long dollar, Short equities, Short Oil. When would I start buying stocks ?...
ALL cryptocurrencies can drop to a value of zero or very near zero. This has already happened before and will keep happening. They are NOT commodities with real world use or shares in a productive business. There is no backstop to their price. The price is purely based on what others are willing to pay for it. I would advise STRONGLY against “HODLING” any...
GameStop reported earnings last week on June 1. Earnings were a decidedly mixed bag with revenue topping estimates, but GME posted a surprise loss to register a big miss on EPS. In this type of market environment anyone who misses on EPS or has negative EPS its an automatic sell or short for me. please keep in mind these are my personal thoughts and they...
Hello folks, it's a grade 5 hurricane. We can literally free fall on Jun 10 (CPI Print) or 15 Jun (FED Rate Hike). be prepared for it. Even Gold and Silver are not safe we are heading into a deflation cycle where anything's value versus dollar shall fall. and it will happen. for a more understanding on my rational being short since Jan 2022 watch the following...
Hello fellas, What's up ? Talking about cryptos, I have no doubts that one day 99.99% of coins will hit zero by first quarter of 2023. Bitcoin will be there wounded but not dead. If you ever want to take a long in cryptos, it shall only be on Bitcoin. Which coin do you think will survive, given the rough path ahead for economy? enjoy your short term buy & pump...
Enough of with useless counts and explanations let me give you some personal trading advice: 1-Don't force yourself in a trade, wait, have patience until it meets our criteria, then get into it. 2-Don't get drunk while trading. Overconfidence can blow ur account. 3-Don't get high either, fear can minimize ur potential gains. 4-Definitely do sports daily 5-...
For years Elliot Wave Theory has been willingly misused by traders, thinking whatever Elliot said shall be considered as the bible. Little they know, not every impulse is 12345, it can be ABC everywhere instead. By using this methodology along with contemporary rules carefully, traders can pick the top/bottom of any market by over a 90% success rate. If I could...
A number of factors are thought to have contributed to the AAPL stock’s recent weakness, including a general lack of enthusiasm for technology and growth stocks. Russia’s invasion of Ukraine also had a negative impact, along with ongoing concerns about supply-chain issues over the coming months. For example, the stock was affected by China’s citywide lockdown of...
By now it's crystal clear to all of us, most of these tokens will be trading at Zero territory in one year's time. If you are still invested in this, consider thinking twice. Not a financial advice, market can prove me wrong. Like the idea for more updates on this chart Regards: The Trading Goat Himself
The heavy tech Nasdaq 100 Index has been in relative freefall through 2022, giving up much of 2021 gains as anticipated since 3 months ago. In the most recent Nasdaq 100 news, inflation is beginning to look like an endemic problem for Western economies, with the rate hitting a near 40-year-high of 7.9% in the US and 5.8% in the eurozone in February 2022. That has...
Convince yourself any way you want, if and ever that happens the result will be massively bearish. Besides that Bitcoin's reputation as a safe haven asset and a hedge against inflation has been nothing but a huge misleading advertisement lie. Considering the broad uncertainty ahead of us I believe this entire hype will be worth at most 10k, not 100k any time soon....
The Russia–Ukraine conflict, commodity price spikes, inflation concerns, and a very hawkish Fed outlook have caused recession fears to rapidly intensify and equity markets to sell off sharply. Equity markets are likely to slip further. Coupled with the Fed’s tapering of its bond-purchase program, which is likely to conclude by the end of this month, For me, the...
Folks, Inflation affects small companies more than the large-cap stocks. Capitalism supports the survival of the fittest businesses. Many large-cap companies can dominate the smaller competitors in a rising price environment as inflation is a more significant threat for companies with less capital. Rising interest rates that increase financing and debt servicing...
As of now, the market is not pricing in a recession yet, However, in my humble opinion, we will get a recession in 2 years' time. and as a result, we will see VIX hanging above 85 in 2 years' time. Please note that these are risky plays, don't play with VIX or Vix-related trades if do you not understand what you are doing. Regards: EW 2.0 paractioner
Higher oil prices are extremely bad for the Indian market, it can literally send India 50 into a bear market with Indian economy into a recession which can last over 2 years. Watch the video below to understand my rationale behind shorting Indian stocks: Forget not about your support, not financial advice.
As forecasted accurately gold prices have surged nearly 18 percent thus far in the calendar year 2022 to over $2,050 per ounce in the backdrop of the ongoing Russia – Ukraine conflict and there is more headroom over the next few months. As things stand right now I expect the prices to rise another 25 percent to $2,500 an ounce by the year-end. And ultimately...