DowExperts

DowExperts

Background So far this year we’ve seen a tremendous amount of volatility across literally all financial markets as a result of the tightening of monetary policy conditions by the largest and most influential central bank in the world – the Federal Reserve . The equity markets together with other risk assets like crypto have been in the cross-hairs ever since the...

DowExperts

Background So far this year we’ve seen a tremendous amount of volatility across literally all financial markets as a result of the tightening of monetary policy conditions by the largest and most influential central bank in the world – the Federal Reserve. The equity markets together with other risk assets like crypto have been in the cross-hairs ever since the...

DowExperts

After seeing the start of another red day for the US equity markets and for all risk assets for that matter, we are again trying to detach ourselves from the temporary negative emotions like fear and uncertainty that such market movements inevitably provoke and focus on what the charts are telling us. We have a clear convergence pattern on the 1H SPY chart,...

DowExperts

After reaching the resistance zone of the upward expanding megaphone pattern just as we forecasted back in April, the Volatility index (VIX) has formed a strong intra-day reversal head and shoulders pattern on the 1H chart. This coincides perfectly with the positive divergences we are seeing on some of the benchmark US indices like the SPY and QQQ, which we...

DowExperts

Fundamental Just as we expected, following the extremely hawkish comments made yesterday by the Federal Reserve governor, Lael Brainerd signaling for a much faster path of monetary policy tightening ahead, the Volatility Index ( VIX ) managed to bounce strongly from the ascending and expanding megaphone pattern that we have been talking about on numerous...

DowExperts

Just as we expected, following the extremely hawkish comments made yesterday by the Federal Reserve governor, Lael Brainerd signaling for a much faster path of monetary policy tightening ahead, the Volatility Index (VIX) managed to bounce strongly from the ascending and expanding megaphone pattern that we have been talking about on numerous occasions in recent...

DowExperts

After the monster 25% rally in pre-market earlier today, TWTR has now reached a key resistance zone around $49 per share. We are seeing strong selling pressure occurring on above-average volume, which apart from profit taking from the Longs, also comes from the VWAP resistance line anchored all the way back to the huge downside gap for the stock on April,30th...

DowExperts

We saw Bitcoin making a very impressive $10,000 push higher over the last couple of weeks taking the price from around the $38,000 lows all the way up to almost $50,000, topping at $48,000. This strong 26% rally in the price of the crypto king, mainly occurred as a result of the short-term shift in sentiment among investors from a risk-off to a risk-on mode with...

DowExperts

What if today's rally in crude and brent oil prices was nothing more than an oversold bounce after the hideous more than 30% decline from the prior few trading sessions? We have identified a potential Head and Shoulders reversal pattern forming on the H4 chart, which might be an indication of what is to come, but before that let's look at what did the chart tell...

DowExperts

We've just opened a LONG #PYPL (PayPal Holdings) position using 2.50% of our equity as we believe that the current post-earnings sell-off is quite overdone at these levels. The stock is down over 58% from its all-time highs of $310 that it reached mid-summer last year. Our view is that while there are definitely issues related to the future growth trajectory of...

DowExperts

The relief rally in the crypto market throughout the last 2 trading sessions has definitely brought back a certain degree of positivity among the bulls. However, the price is currently heading towards an area where we have both the downward sloping diagonal resistance (blue line) of the current downward channel as well as the horizontal former support, now...

DowExperts

In this article I will explain why we at Dow Experts Finance have recently increased our exposure in our corporate investment portfolio to Gold by buying into the SPDR Gold Shares (GLD) trust, what our economic projections are for 2022 and why we believe that investors need to be highly cautious in the coming months. The last more than a decade has been defined...

DowExperts

Fundamental Analysis Pfizer, Inc. has consistently been one of the largest pharmaceutical companies in the world for the better part of the last two decades. The company has a remarkable history going back all the way to the year 1849, when Pfizer was founded in Brooklyn, New York. The large cap pharma giant has developed a well-balanced and deep portfolio of...

DowExperts

We've recently opened a LONG $KSS position using 2.59% of our equity. 💎 Macro framework The U.S. stock markets have managed to stay on track with their outstanding bull run with less than 2 weeks left until the end of the year. It's true that we've seen some short-term spikes of volatility in the markets mainly driven by the uncertainty around the new COIVD...

DowExperts

The current market dynamics The price action on BTC has been quite interesting throughout the last 6-8 weeks, seeing the "king" of all cryptos stuck in the relatively broad range of the $53,000 support level on the downside and the $68,000 all-time highs resistance on the upside. It seems that many market participants expected for BTC to shoot upwards...

DowExperts

Enjin Coin (ENJ) Fundamental Analysis Enjin Coin is a project developed by Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. The company is using a great and innovative approach for taking the Blockchain space and elevating its utility and application, by connecting it to real-world value. Enjin's flagship...

DowExperts

We've just opened a LONG position on $BBY using 5.38% of our equity. Fundamental Analysis Best Buy's (NYSE:BBY) latest earnings report delivered better-than-expected results and signaled that the company’s business remains remarkably strong across all segments. It was expected to spark investors’ interest considering the fact that we usually see an increased...

DowExperts

Basic Attention Token (BAT) Prior analysis We published our initial BULLISH analysis on BAT on Nov. 2nd when the price was sitting at $1.04 per coin. We made the call that BAT will be moving towards the $2 level before the end of the year and surely enough BAT hit its new all time high at $1.98 on November 28th less than a month later. Our followers managed...