I did a deep valuation analysis on Citigroup today, digging into their earnings reports for the last three years as well as analyst estimates for the next 4 quarters. Here are my conclusions.
In forward P/S terms, Citigroup is nearly the cheapest it has been in the last three years. However, in forward P/E terms, it's nearly the most expensive it has been in the...
1- On 03/03 the real interest rate differential was 0.16 in favor of the UK and the big speculators were bought in 29k contracts(CoT). The value of gbpusd? Approximately 1.28
On 06/10 the real interest rate differential was 0.70, now in favor of the USA and the big speculators were sold at 36k(CoT). The value of gbpusd? Approximately 1.28
2- If we look at the...
We have a breakout on the daily today in EURCAD coming out of a rounding bottom. This is without question the highest probability pattern on my radar (including stocks, commodities, crypto, forex). It's currently my largest position.
Long term basis we have a strong upward trend as well. Notice the basing pattern on the weekly scale. That basing pattern is above...
Hey! When we all started we passed trough some difficulties in trading.
Usually we face this problems during first year of trading. Most of people by the end of year losing all of money and quit trading forever.
Basically this caused by overtrading and having no idea what to do. Like many business in our lives trading require some abilities and technics which...
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Hello Traders Investors And Community.
Welcome to this idea about the classical head and shoulder top formation which can be found on smaller timeframes as also higher timeframes.
Although there are inverted head and...
$TSLA currently has a monthly RSI of 87. The only other time it was this high, was in 2013. Although it didn't mark a top in the stock price, the stock did end up consolidating for several years after 2013. Worth noting.
UAL, DAL, SAVE, and AAL all formed identical patterns and appear to be breaking out of their wedges. Alongside the major banks, it appears funding has shifted from big tech to banks and airlines.
EARNINGS:
A bunch of earnings next week, particularly in the financials sector:
C (40/58/14.1%): Tuesday before market open.
DAL (50/95/23.0%): Tuesday before market open.
JPM (38/49/12.1%): Tuesday before market open.
WFC (58/63/15.4%): Tuesday before market open.
GS (31/48/11.7%): Wednesday before market open.
EBAY (71/56/13.4%): Wednesday before market...
Technical introduction
I don't know who is going to read this so I am going to be a bit more detailed than normal to explain some of this indicators.
The moving average convergence/divergence indicator, also known as the 'Mac D" defaul calculations is to that the differnce between the 12 period Exponential Moving Average (EMA) and subtract the 26 period EMA. ...
Bitcoin historical volatility (HV) nearing 40
$BTC volatility this low has historically led to major price action between 30% to 60% movement in the following weeks
From current price:
30% move to the upside is $12,200
30% move to the downside is $6,500
Put your seatbelt on
Confluences:
- Break and possible retest of bullish trend line
- Recent Double top formation
- Price appears to be making its way to an area of interest between the 0.5 & 0.618 Fib levels (area of support turning into resistance)
- Possible touch of the 50 EMA
I will be waiting for price to retrace further into the area of interest then obviously waiting for...
Hello everyone:
Here is a quick trade analysis and review video on my recent GBPCHF trade.
What is my thought process behind executing a position, and the management follow after it.
Thank you
Hello Traders Investors And Community, welcome to this analysis where we are looking at bitcoins weekly perspective, the importance of the current consolidation situation, what will happen the next weeks and months and how we can prepare on possible scenarios incoming to profit in the end because this is an important part in this whole concept. Therefore it is...
The market at $9,200 per bitcoin erased gains earlier in the week when the world’s oldest cryptocurrency popped to $9,400 Wednesday. “Two days ago, bitcoin rallied 1.9% then dropped 2.1% and is now flat. Just another failed breakout,” said Elie Le Rest, partner at quantitative trading firm ExoAlpha. Still, traders buying when prices dip isn’t providing enough...
Main items we can see on the chart:
a) After a long time above a support zone, the price formed a clear corrective Structure
b) The Corrective Structure was broken with a bullish movement
c) Our main target for this movement is the next resistance zone at 1900-1915
d) Currently, the price is on its way to the Target
e) However, in our experience...
Bitcoin not yet looking compeling to flip from Tesla rally. But it's approaching soem natural support ranges for potential bounce and break those supply trendlines.
