After analyzing the 2 week black-out period of stock buy backs before earnings, I've come to a conclusion of where the stock market is heading in the few months ahead.
Note: This is the monthly! Bottom or total collapse? Below the wedge should be ugly and could have effects on global markets.
Those of you that have zero clue just how ridiculous our financial system is today compared to the Great Depression, please have a look. Just keep in mind that during the great depression 33,000 people starved to death...
Hello Traders, HSBC has been in a large consolidation since the Financial Crisis of 2008. Based on my model, this is still 60% probability that 25.21 will be hit before this Multi-Year Consolidation is over. There have been two sell signals both pointing to the same target of 25.21 from my model, therefore, this chart is worthy of a share.
The popular ETF, XLF follows the financial sector and after weeks of selling, it looks to have found support and be gearing up for a big move indicated by the Weekly Squeeze coiling for the past 8 weeks, with the momentum shifting to bullish this week. If you take a look at C (Citigroup), it too has a Weekly Squeeze. If you take a look at it on a Daily it also...
AIG was hit particularly heavily in the 2007-2008 mortgage crisis, and whilst other names, such as JPM have managed to recover, American International Group has been a stark underperfromer. There are early signs of improvement, however, as prices begin to push above the critical USD64.93 year high of July 2015, with rising studies suggesting further gains in the...
#Gold and other precious metals are in high demand as of the financial crisis that is about to occur. China are big buyers of #gold since they are backing their own currency YUAN with it. China have also devaluated their currency to protect their economy from the house market bubble which is one of many reasons that will lead to the collapse of the #US dollar. // Carl_G