In this post, I will attempt to provide evidence to show why the tech-led selloff is likely to be over (for now). I will use the Nasdaq 100 (QQQ) and its inverse derivative, SQQQ, as my argument's basis. The inverse (short) ETF of the Nasdaq, SQQQ, has never closed a weekly candle above the Leading Span B of the Ichimoku Cloud (pink line in chart). Last week...
There are two types of people: people who will read through this entire post and put themselves on a life-changing path towards generational wealth by understanding the essence of investing, and people who simply won't read this post. This post may be lengthy and abstract, but I guarantee you that comprehending the concept of what it means to invest, and how to do...
If you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight. In this post, I will be providing a thorough explanation on the concept of Beta, and why it's important to consider the Beta value when investing in stocks. Definition Beta...
I only look at facts, not people's opinions. In fact my opinion doesn't matter. The current situation is nothing compared to Dot Com Bubble. If you only look at one data or one chart and make your investment/trading decision based on that. Good luck. If you try to be fancy and wants to short the market top. Good luck. The fact is, we have BOTH Nasdaq and Gold...
Please, don't PM me and comments on my ideas. I don't have time. Sorry. The nasdaq vs dow jones ratio and also versus S&P 500 is clearly telling us that capital is FLOWING into Tech and Nasdaq. Money is scrambling to find yields and somehow Tech has been perceived as a safe haven. Nothing goes up forever, parabola will always end. But here is the thing about...
Nasdaq full blown recovery in April and May has cancelled out the losses from March. By end of March, things can go anywhere, especially that it marks the end of Q1 2020. However, as it turns out, the coronavirus pandemic is not as bad as it seems (it is bad for people who don't take care of their health and immune systems/ and bad for people who fears death so...
Amazon brokeout versus Nasdaq, most probably will overtake Apple to be the most valuable company in the world in not so long distance.
Nasdaq rebounded sharply after hitting that important 8200 level. We are not out of wood yet. Regardless, permabear will continue to avoid the stock market and will keep calling for market crash, not knowing that when there is a correction, its the best time to buy high quality stocks or good companies. Now, I understand why so many people are poor and only few...
Markets are more predictable than we have been led to believe. Here we are going to examine the 9 year cycles found in the Nasdaq composite. This is a follow-up idea from my previous idea which was Lesson one in Market Cycles in the DOW JONES INDUSTRIAL AVERAGE. Please follow that link for a more detailed explanation on this. In the Nasdaq we can see...