Bitcoin gained +35% in the past 9 days, its best performance since early this February. At this point, most technical indicators have breached into overbought territories especially in the higher time-frames. Bitcoin may be just about out of rocket fuel for now. As a trader, I'm always looking out for conditions that can cause a change of trend ahead of time. To...
Let's face it: whales, orcas, dolphins, sharks... etc are much more financially educated! period. Those crypto-economy engineers are playing with the volatility rules of math, while 90% of the TV readers have no clue what does volatility means! The crypto economy comes from two words: cryptography (APPLIED MATH) and economics (MONEY). People tend to forget the...
I don't care about the direction of the general market because the market does not dictate when and where I find sheer outrageous value. However, I do believe the diligent investor can leverage volatility in crazy market swings like these in order to generate some alpha for their portfolio. My latest blog post discusses this volatility trade in short, as well as...
you may trade Vix ETF. negative sign
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards :) Aaron
Candlesticks - Not quite a bullish engulfing, but pretty darn close. When combined with the long upper shadows on the 5 out of 6 previous sessions, it looks like the market is pushing for more volatility. I expect the Jan 17 gap to close before breaking the December 30 high, and thus out of the channel it's creating. MACD - Bullish cross, look for...
POOR FUNDAMENTALS CONFIRMED Macy's just released disappointing sales figures and guidance. Announcing 68 store closures and the layoff of 10,000 employees. The stock is indicated 10% down to 32.20. Consensus is already quite down-beat on the story, and likely to become even more so. Expect downgrades on the back of the news. VOLATILITY PICKUP EXPECTED The...