S&P 500 seasonality shows that July is historically a strong month in Presidential cycle year 1
2021-06-30
GOLD
WE HAVE TWO PROBABILITIES TO INTERPRET THE GOLD‘S MOVE FROM THE HIGHEST PEAK AT $2075
THE FIRST ONE ASSUMES THAT , THE MINOR FOURTH WAVE IS UNFOLGING INTO TRIPLE ZIGZAG, GOLD IN LAST WAVE OF TRIPPLE ZIGZAG (Z) AND THE FIRST LEG OF Z WAVE(CIRCLED BLUE) IS COMPLETE OR NEARLY THAT . THEN GOLD WILL BOUNCE BACK TO $1815 OR $1850 THEN ONE MORE PUSH DOWN TO COMPLETE THE FOURTH CORRECTION THAT IS HOVERING AROUND $1600
THE SECOND ONE IS :- THE FOURTH WAVE CORRECTION IS STILL FORMING A GRAND TRIANGLE, SO IN THAT CASE , SIDEWAYS MOVEMENT IS OFTEN DOMINANT BETWEEN $1675AND $1900
MIND YOU, 1675 IS A KEY LEVEL, IF PRICES BREAKDOWN IT , MOST LIKELY THE FIRST SCENARIO IS THE VALID ONE
2021-06-29
FEDERAL RESERVE vs ECB BALANCE SHEETS
The Fed's balance sheet has increased by 2.5% in the past four weeks, to $8.10 trillion, while the ECB's has increased by 1.1%, to EUR7.70 trillion
US 10y YIELDS
US 10y YIELDS HAS FORMED A COMPLEX HEAD AND SHOULDERS TOP INTO A HUGE SYMMETRICAL TRIANGLE
DESPITE PRICE BREACHED THE LOWER TRENDLINE OF THE SYMMETRICAL TRIANGLE , BUT IT WAS A FALSE BREAK, AND PRICE IS STILL TRADING SIDWAYS INTO THE TRIANGLE, BUT IF PRICE BREAKS DOWN THE LOWER TREND LINE OF TRAINGLE , THERE IS A POTENTIAL TO REACH NEARLY 1.1%
2021-06-28
CRYPTO
The crypto collapse could suggest that the correction is not yet over, as it continues to track the 2017/18 market cycle
VALUATION
High quality stocks look cheap relative to the broad market
NDX100
WILL THE NDX100 REACH THE UPPER TRENDLINE OF THE ASCENDING CHANNEL AT NEARLY 15000 OR NOT?
2021-06-26
FINANCIAL ASSTES
This chart highlights the obvious disconnect between Main Street and Wall Street, as the value of US financial assets is now 6.3 times the size of GDP
SILVER
Another chart of monthly Silver with an interesting twist
2021-06-25
10Y vs USD
So far, the 10-year yield and the dollar continue to follow the historical pattern after global recoveries
BITCOIN
According to JPM, the current fair value for Bitcoin based on a volatility ratio of Bitcoin to gold is US$23,000
MICRSOFT
MICROSOFT IS STILL PERSIST TO UPSIDE AS A RESULT OF TRIANGLE THRUST WHICH HAS FORMED IN FOURTH WAVE CORRECTION
MICROSOFT IS LIKELY GOING TO FORM AN ENDING DIAGONAL AS A FIFTH WAVE AND THERE IS A POTENTIAL TO ADDITIONAL HIGHER TO 227
2021-06-24
FEDERAL DEBET
The US public debt is on its way to the moon
REAL YIELDS
History suggests that US real yields are expected to stay below zero for many years with such high federal debt
BRENT OIL
BRENT HAS BEEN FORMING A DISTINCT BEARISH DEEP CRAB PATTERN , THE TIGHT COVERGENCE OF THE 1.618 XA AND 2.61 BC PROJECTION ARE DEFINING THE PRZ BETWEEN 78-79
U CAN GET LONG ON BRENT WHEN PRICE ACTION BREAKOUT THE B POINT AT 70 UNTIL THE COMPLETION AREA IN 78-79
2021-06-23
DOLLAR vs US EQUITY MARKET
In the past year, the inverse correlation between the dollar and the US equity market has strengthened.
BULL MARKET
Will the current bull market continue to track the bull market of 2009?
ETH vs USD
I DO THINK ETHEUERUM HAS COMPLETED THE MINUTE RHIRD WAVE AT $4350 AND CORRECTION HAS TAKEN PLACE , THE VERTICAL DECLINE IN FIVE WAVES DOWN SUGGESTS THAT THERE IS A COUNTER MOVE UP(THREE WAVES, IT HAS ALEARDY HAPPENED AS A TRIANGLE) THEN THE RESUMPTION OF THE DOWNTREND WILL OCCUR
NOTICE THE SUPPORT LEVEL OF 1350 MIGHTE STOP THE DECLINE
2021-06-22
CYCLLICAL STOCKS
Should investors be careful about cyclical stocks?
HIGH YIELD BOND SALES
Are investors at risk of making poor investment decisions by rushing into junk bonds?
GBP vs JPY
GBP/JPY HAS FORMED A BEARISH BUTTERFLY PATTERN ,ALTHOUGH THE COPMLETION PATTERN IS SLIGHTLY EXCEEDED (154), THE PATTERN IS STILL VALID
WACH CLOSELY THE DECISIVE BREAK OF THE UPTREND (BLUE ONE) WHICH COULD TAKE THE PRICE DOWN IN RANGE OF 146-147
2021-06-21
GLOBAL EPS
Global EPS growth seems to have peaked in April
US 30y YIELD
US 30y yield briefly drops below 2% for the first time since Feb on Risk-Off move
EUR vs USD
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
WILL THE BREAK BELOW THE TRENDLINE SUPPORT SUGGEST THAT , THE HEAD AND SHOULDERS TOP COULD BE COMPLETING
2021-06-19
GOLD TO COOPER RATIO
The gold-to-copper ratio is a reliable barometer of global economic health
TECH STOCK
Will the expansion of the Fed's balance sheet continue to push big tech stocks higher?
2021-06-18
2021-06-17
INTEREST RATES
The Fed forecasts first rate hikes in 2023
GOLD
IM STILL BULLISH ON GOLD ,AND MY MAIN ANALYSIS SUGGESTS THAT THE WAVE WIHCH HAS ENDED AT $1916 IS THE MINUTEWAVE 1 OF MINOR FIFTH WAVE
I DO THINK MINUTE WAVE 2 BOTTOMED AT $1767 OR IT IS NEAR OF ITS END PROBABLY AT 1750
ALTERNATIVELY, GOLD MIGHT BE FORMING A GRAND TRIANGLE AND HAS OLREADY BEGUN IN THE DOWN WAVE C
2021-06-16
YIELDS ON 2 YEAR
Yields on 2-year notes climb to the highest since June 2020.
2021-06-15
EQUITY
Consolidated equity positioning is in the 95th percentile
2021-06-14
US DOLLAR
Asset managers have slightly decreased their net short positions in the US dollar
US SALES RATIO
The US business inventories-to-sales ratio is at a record low, contributing to the upward pressure on #inflation
2021-06-12
ECB's BALANCE SHEET
The ECB's balance sheet is now equivalent to 65% of the region's government debt, thereby overtaking Japan
2021-06-11
S&P 500 vs REAL YIELDS
Real Earnings & Dividend Yields hit 40 year lows
GOLD
SPOT GOLD PEAKED AT $1917 THEN IT SHOWED SOME WEAKNESS TO BREAKOUT THE PREVIOUS HIGH AT $1917, TO CONFIRM THE DOWNTREND GOLD SHOULD BREAKDOWN THE $1856 SUPPORT LEVEL THEN MAKES LOWER LOWS AND LOWER HIGHS, BUT IF GOLD MAINTAINS THE $1856 LEVEL, MOST LIKELY IS FORMING A TRAINGLE THEN KEEP MOVING HIGHER TO HIT $1950
2021-06-10
LUMBER
Will lumber prices fall further, after crashing roughly 30% from the recent peak?
FEDERAL BUDGET
Since when are balanced budgets an obsession? Wasn’t it called prudent and responsible government in the past? Any moron could run a country by spending money of the next generation
VIX
VIX is currently in line with macro variables
2021-06-09
EPS
Wall Street should not fear a global minimum corporate tax rate of 15%
S&P 500
Investors should not fear a global minimum corporate tax rate of 15%
COFFEE
IT SEEMS COFFEE FORMED A DISTNICT BEARISH BUTTERFLY PATTERN COMPLETED AT $168, WE COULD SEE SOME DESCENT TO $140, BEFORE A RESUMPTION OF THE UPTREND TO COMPLETE THE BIGGER BEARISH CRAB PATTERN IN RANGE OF $226-$235
2021-06-08
GBP/USD
Non-commercial traders slightly decreased their net long position in the GBP last week
GOLD vs SILVER
NOTE THE SOLID ASSETS(GOLD&SILVER) BEHAVIOR, AFTER THE BEARISH NON CONFIRMATION , OR THE BULLISH NON CONFIRMATION
IT COULD BE ANTICIPATORY INDICATOR OF THE NEXT PRICE ACTION MOVEMENT
2021-06-07
SMALL CAP STOCKS
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
When inflation expectations rise, small-caps tend to outperform large caps
EM TOP 10 SALES OEMs
Top 10 Electric Vehicles OEMs in the EU Down pointing backhand index $TSLA is a proud number eight. (BofA)
AMC SHARE PRICE AND MARKET CAP
Mind the gap: #AMC mkt cap has gained >2x share price as AMC has learned its lesson from meme winter, & is determined to use meme summer to its advantage. Might not be able to make money by selling movie tickets but by selling share certificates
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