This chart I quickly drew for myself a while back. Any more information or explanation please just leave comment. With the US Vaccination numbers compared to other countries I would definitlly trust the US companies the most while other countries still struggles with getting Covid undercontrol. We all saw what the market does when lockdowns are announced so for me...
We're at a major resistence level here on the S&P when M2 is taken in to consideration, going back to 2002. We're looking at S&P Futures divided by M2, and as you can see, this looks like the end of the road, folks. One thing is certain, whatever happens next for markets is going to be epic...
As you can see, Bitcoin rejected perfectly at resistance (3.50) and bounced perfectly from Major Support line (1.70). The chart explains it perfectly. As long as things stay above that 1.70 level, I think this could be a significant S&R Flip, with Bitcoin showing strength as a hedge against inflation. If it falls below 1.70, well... then I will assume a more...
There are too many variables, FED printed Money, US 10 Years interest and bitcoin. This is an experimental study no certain output available If the gray box will be broken, there might be a massive rug pull. close below the red trend line is also risky. There is a double top divergence which might force to go lower. Do the math
I took a closer look at the difference between the BLX/M1 chart and the standard BLX one. I specifically looked at the times the price of BTC definitively crossed its previous ath. The difference between those charts in previous bull runs is minimal. In terms of time difference its 7d and 28d respectively and an about 30% to 40% difference. BUT this time around...
First chart on M1. Approximately 4.4 x 34000 gives a short term target of ~$150,000 USD valuation for each BTC. But that's not the top IMO.
Can someone explain this? It´s a bug, isn´t it?
Monetary base is now at 18T. The FED just modified about a year of historical data to reflect something new. Bitcoin will be the new reserve currency. Thoughts?
The FED just updated their series and MODIFIED the past year of data to reflect an 18 trllion monetary base. I'd like to know why their data was only showing 6 trillion until today. Maybe it's a bug? Maybe it's real? Who even knows anymore. Cash = trash Money velocity in orange, base supply in blue. Here's the source of series: fred.stlouisfed.org
get them pips with me 100%
It seems like the government stimulus bill news is messing up my shorting schemes in the short term. It's amazing how the Nasdaq can continue to approach the Singularity like this. You'd think we'd run out of money to dump into it eventually. I divided TQQQ by the M1 money supply and it seems like there might be some sort of ceiling. Or it could just go to...
Perfectly bounced off the support and after yesterdays sessions sentiment in general is bullish (still we have some room to go down before earnings). If price will break the resistance ~$138.5, we should see strong moves to the upside. TP1 145 TP2 148 TP3 152
A cup and handle formation has formed. Apple is due for a break-out. Not only is the cup-&-handle forming, but the stock has already contended with it's most recent high. More often than not, a stock will blast through previous resistance if it has already been tested and rejected once; as Apple has. Go long AAPL. Earnings will make it pop. Stop loss:...
There are so many arguments, including M1 procesors, gossip about cars and upcoming earnings late January. We gonna see Apple breaking ATH. Will update this post starting from now.
If you were to devalue the US Dollar in real time as M1 money supply increases, it would price in inflation immediately. M1 money supply is the amount of liquid available currency within the federal reserve system. Compare this chart to the current Silver chart and it will give you a glimpse into the future for Silver. To quantify this into a Silver price, take...