make math great again! DJI dow in this chart failed to break out higher and now looking for fair value amid panic. Credit Suisse, back in headlines today, banks getting balance sheet help, gold threatening higher. Im sure there are many baby boomers who need their retirement that strong considering taking profits and taking 4-5% this month. 5% on bonds is...
At the beginning of the year OANDA:XAUEUR broke the down side channel. While banks are bankrupting, we see once again gold is the safe heaven for many people. Most importantly for the central banks which have been accumulating physical gold. FED and ECB will struggle to further increase the interest rates. We may see new ATH within a couple of months! Crazy...
⚠️ 🔥 NO TIME TO FOMO!!!! ⚠️ 🔥 Goodday for the markets and Crypto as the news came out being ok: US inflation slows to 6% annual rate amid looming banking crisis Let me rephrase it: the worst news where avoided, inflation did not rise. Look at CPI chart maybe: SP-5OO gets rejected despite the predictions for a 'softer more dovish' monetary policy: In the...
price action indicates pressure to the downside. with banks getting bailed as consequence of rates, it doesnt exactly say "booming" economy, does it. All of these recent days are inside days. so presuming oil is bearish is just an opinion until it breaksout either way. but it sure looks like pressure will be to the downside. Heating oil, gasoline, and nat gas...
To be honest i don't know where XLF will go from here. With my current skill level and studies, I think we can go a little more lower. What do you guys think? Comment Below
That's right! What we are witnessing is money flowing directly out of banks, and into Bitcoin as a result of the recent demonstration of fragility within the banking system by the default of Silicon Valley Bank. This appears to have triggered a mass flow of money out of banks - looking for any alternative at all. Bitcoin is surging as a result and this could...
$DJI bounce decently off support on daily charts. This may take some time to heal. However, IF #stocks can hold for the next few hours it can be okay. The only reason it's not pumping higher is $GS & $JPM, #banks. On the 4Hr we see a DOJI formed MORE than 4 hours ago & on the CURRENT 4 hr candle it is being ENGULFED WITH VOLUME. We want to see a close above 32k...
Saturday night i decided to take a look at all major bank charts. I called 3 potential 'dangerous ones' and ended up guessing 2 of them right. One of them was First Republic. (you can ask me for proof if you are interested to confirm this). “First Republic’s capital and liquidity positions are very strong, and its capital remains well above the regulatory...
Saturday night i decided to take a look at all major bank charts. I called 3 potential 'dangerous ones' and ended up guessing 2 of them right. One of them was Western Alliance Bancorporation. (you can ask me for proof if you are interested to confirm this). Western Alliance Bancorporation: Uncertainty Prevails seekingalpha.com : Shares of the Western Alliance...
Good that I always TRUST my Charts: US Government Bonds 10 YR Yield has dropped 'nicely' since my last post, which was 'against the stream' since when i posted it Powell was being extra-Hawkish and situation was different. News: The yield on the 2-year Treasury note fell sharply on Friday as the shutdown of Silicon Valley Bank sparked a flight to safer...
It is a repeat, the same over and over... Some banks are doing better than others which is expected yet PNC isn't part of the better group, this one looks pretty bad. The previous bank had no volume on the drop, here we have high volume... Let me show you! PNC Weekly: ✔️ PNC broke below EMA300 this week. ✔️ Bear volume has been increasing since Oct. 2021 and...
One of the main arguments we hear against Bitcoin is the fact that the conventional markets are to set crash really strong and this should take Bitcoin down with them. The argument goes like this. Install parrot like voice first. But, Bitcoin is a "risk-asset", if Johny the banker goes broke then all risk-assets must crash. The key word of course is the...
I was about done but couldn't stop this without looking at the infamous Goldman Sachs Group, this is the 8th biggest bank corporation in the USA. The peak/All-Time High here was hit November 2021, together with Bitcoin and most of the worlds financial assets... Let's start with the weekly chart: ✔️ In January 2023 we saw the highest selling volume week since...
What we are seeing with these banks are the side effects of massive monetary expansion. This is the result of the Covid money printing fest. We will soon enter the withdrawal phase ... Right now the banks are deep into the headaches. ✔️ Wells Fargo looks pretty bad. While last week you could say everything was fine based on the chart signals, this week...
Citigroup doesn't look as bad as BAC or JPM as it has already been going down strong since June 2021, it also didn't recover much from the 2009 crash and so there is less room for a crash... But it is still quite bearish, the chart! Here is the chart: Maybe this people are more down to earth and this is why their stock is doing worse, they know whats coming,...
Beware if you are planning to short the market on Monday. Market went up after Bear Stearns acquisition was announced on 16 Mar 2008 until after May 2008 when it started going down again.
USDC USDC - US, peg lost Price is recovering and is now $0.95 This happened because Silicon Valley has a big problem, i will not go into details of this problem and how much collateral is lost. The fact is that the price of USDC was dropping to $0.86 and the price has not recovered yet to 1$ I am writing this post on Sunday because tomorrow is Monday and...
If you haven`t bought those 5X puts: Then you should know that Signature Bank's stock experienced its worst day on record following the collapse of SIVB Silicon Valley Bank and SI Silvergate. Due to high volatility, trading was suspended earlier in Friday's session, and the stock has continued to decline for five consecutive sessions. This downturn was...