Acuity Brands: The Business Uncertainties from Tariff and Wage Inflation I last mentioned Acuity Brands (AYI), a lighting and building management solutions company with $3.7B in net sales in 2018, three months ago. At that time, I described a good risk/reward setup to go long the stock post-earnings. AYI shot nearly straight up from there. The stock broke through...
This chart highlights the obvious enormous influx of "price" in BTC as compared to the Federal Adjusted Monetary Base. The FED has created 4.2 Trillion dollars and gave it to the banks so they wouldn't run out of money and "run" on other banks. But, the banks got clever and decided to use the gift of debt based fiat to play in a free market call BITCOIN. This...
Today's all-time intraday high on the S&P 500 reminded me of a correlation I had looked at in the past. I re-charted it just now and frankly, the implications are fairly profound. 1. Note that for most of the chart as the value of the U.S. Dollar Index drops, the market goes up. - What that means is this. The stock market prices went up, but the value of our...
Measured moved based on H&S break has this moving approximately 10%. We're currently looking at a retest of the break, but it's fading fast. When combined with the record net-short interest here, this could be a fast move, and could even invert the yield curve in one fell-swoop. If so, this would be reminiscent of the 2000 yield curve inversion, which happened...
what happens when your currency inflates relative to a stronger currency? what happens when you invest in strong currencies?
This is ugly. AUDUSD is for a fourth time, bearing down on its trending channel, a key trend established back in 2015 when Commodities bottomed out. This isn't a good sign for a (supposedly) reflating global economy..
LONG OPPORTUNITY ON XPTUSD Bullish Shark (Highlighted Yellow Moving Forward) Two entries given on the chart. Goodluck
Inflation expectations too high vs DXY likely due to oil strength Should correct with lower oil, lower DXY, and lower InfExp RSI divergence in place
With crypto and stocks, many overlook that boring shiny thing that used to be the basis for sound money. Personally, i like the actual physical silver...and it's a good idea to have some for a rainy day...or financial collapse....or a zombie apocalypse (and based on how many people are on side-effect laden meds, maybe that's not so far away, though i...
I think something is going to happen. Might be something good in the crypto market that makes people want to use it, maybe a development that makes it easy to use resulting in on boarding? Or, something very very horrible that makes people rush to crypto because theres fire everywhere, the world markets are crashing, paper money is in hyper inflation and people...
What points to USD strength fundamentally: - Monetary policy: FED rate median is at 2.15% end of 2018 vs ECB expected to hike only 2019 Q4 -> carry on USD side - CB balance sheet: FED BS decreasing since 2017 May, ECB still rising, tapering expected in '18 Sept - Inflation: US Core inflation 2.1% and forecasted to 2.4% vs Eurozone 1.1% and moderate upward...
I assume this isn't news to most of traders while I write this, but macro-economically Commodities are a buy. Having been beaten down over the last 5-years the broad basket is on the rise. Anchored by rising oil prices, increased flight to fear (gold, silver), and the presence of an emerging inflationary pressure. In this chart, there is an evident bullish...
On the Weekly and Daily Timeframes for EUR/AUD, We see that we have a clear break and retest of the trendline with Bearish Followthrough and Momentum. I am looking to short EUR/AUD into the Monthly support level of 1.5500. A Retracement back into the Trendline Resistance Area is possible as well as A means to provided liquidty for further downside to occur I am...
GoldCoin/USD (Goldcoin Token) 05/12/18, 7:25 PM EST, by Michael Mansfield. Hi trader friends, I iope your weekend is a fun or fulfilling one! With practically all of the volume occuring on the up bars since the late March low, another good sized up move is in the cards onces this corrective wave is complete. Moreover, a with the large bullish volume on the up...
Shout-out to all the haters, You should have listened at 1200 and 2k and 5k. Check out my last chart on my profile and leave a comment.
Multiple 1-2 combinations will soon break out like a rocket. Buy anon & hodl physical! In Venezuela you can buy food for 3-6 month with 1 oz of Silver and with 1 oz of gold you can buy a house. Same situation in germany after world war. At the moment there are over 43.000 applications where silver is used in chemistry, industry, healthcare and economy. 10 more...
Silver weekly on log scale. If inflation keeps rising and stocks keep falling. I foresee a strong rise in gold and silver in the near future.