UnknownUnicorn16739272

UnknownUnicorn16739272

Rates should continue to sell off until inflation fully cools off or it kicks back up and hurts like crazy causing rates to have to go much higher and the price of this and other bonds to fall substantially. That will be the ultimate test. Everything seems call and collected in fixed income until the Fed has to raise rates higher in 2024 and rates shoot up like...

UnknownUnicorn16739272

Monthly chart on gold. BEWARE - Gold got suckered into in March of 2008. Here is a timeline: GLD - started Nov 2004 at $44.43 Broke out 09/2005 and topped out at $77.26 in May 2006 Consolidated until Sept 2007 with new 52 week high of 73.8. Continued consolidating upwards until it topped out at 100.44 in March 2008 (Bear Sterns sold to JPM for $2/sh) Consolidated...

UnknownUnicorn16739272

I actually believe we touch 3000 once we have the momentum below last years low but it will take time to eventually drag this down. This is always the worst part when you have elongated periods of drawdown. But that is how a real bear market works. This will not be over until there are people who have drawn down far below their expectations and give up. Also when...

UnknownUnicorn16739272

This is what I expect bitcoin to do over the coming 2 years or so. Unfortunately I think this will suck more money into it before it ultimately bottoms below $10K again. First gap above will be filled this week with most likely a pull back to 200 weekly EMA. Then it will gather strength to backfill the last gap above around $35K and then it is lights out for BTC.

UnknownUnicorn16739272

Growth got hit. High beta rallied to 200MA for most part. Several jumped above but expecting pull back. I would love only a 10% pullback. I do not expect that however. I expect an earnings recession and for the S&P to end 2023 at 3000 at best.

UnknownUnicorn16739272

This will be Jim Cramer’s Bear Stearns moment. He’s telling everyone that we’re in a bull market and the all clear is here. It’s about to get NASTY!!!!

UnknownUnicorn16739272

VTV is going to come back to this 110 point. It’s partly what has me worried most. Markets need a time where nothing is good. Here she comes ladies and gentleman.

UnknownUnicorn16739272

I can buy fixed income, alternate or structured products that are significantly less risky than this out look for my clients. Tomorrow we are out. Will still be looking at commodities and other places but we will not be jumping on board of anything without significant confidence. Worst case is things improve and we shift back. Best case is clients don’t need to...

UnknownUnicorn16739272

$SLV backfilled that beautiful gap. But strength like that doesn’t disappear completely. Take profits and check for new entry. 2023 will be a commodity boom I expect. I don’t want it at all as it will screw over everyone in America which is what RC wants. Going to be rough. Make this money now. Future is not looking good. Wonder if this is partly to get trump back...

UnknownUnicorn16739272

In a world where central banks are buying the hell out of gold/precious metals in preparation for what’s to come with Russia and China, gold prices were brought down by speculative and stupid beliefs in other assets. As dumb as it is that a shiny rock is worth soooo much, it’s the asset China and Russia want every ounce of which makes me love it more. Getting more...

UnknownUnicorn16739272

$SPY is on a long term path of destruction that’s being purposefully driven this way by the Fed. It could turn around but highly unlikely since they can pivot anytime and send markets skyrocketing. But to make their billionaires happy…why not destroy shit first

UnknownUnicorn16739272

IWM has a beautiful set up after bouncing off bull flag trend line resistance turned support. Love to see it! Noticed 25% of the IWM is financials. This is the first one I looked at. This monthly chart is beautiful. RSI is above 50 which is bullish and we have a couple other set ups. Inverse head and shoulders and I could see this turning into a cup and handle...

UnknownUnicorn16739272

This is absolutely beautiful. Bull flag down to support but also was a gap back fill. Elliott Wave is fully in effect 12345ABC pattern. Bounce at support line from the bull flag. Insane how everyone is so bearish on tv though. There are concerns such as the $DXY going higher, mid terms, fed raising rates faster than expect, geopolitics and others which could push...

UnknownUnicorn16739272

BHP is in the material space and is seeing the benefit of the commodity super cycle and the covid supply chain disruptions and inflationary issues. I thought my $185 price target was crazy for CVX and yet we got into the $170s recently. I think BHP could get back to $100 and full extension could be to $175-200 over next couple years. Plus, you will receive a 10%...

UnknownUnicorn16739272

In March 2003, X was $10/share roughly. It then went to $190+ over the next 5 years before topping June 2008. I think we are in a multi-year cycle similar to that. You will look back on these prices in many of these materials, metals, energy, and other stocks and wished you had gotten in. However, even though the idea of a new commodity super cycle is fascinating...

UnknownUnicorn16739272

SCCO setting up beautifully on the weekly. Tested the breakout and is showing a hammer on the weekly. Should see nice longer term moves from this one. GLL This is not a recommendation to buy or sell. It is for informational purposes only.

UnknownUnicorn16739272

Oh why oh why will you not drop, Mr. SPY?!?! This gap needs to be filled. It will be a great sign of markets correcting as they needed. I will be using it as a buy opportunity for sure. This is not a recommendation to buy or sell. I would need to know your situation in order to do that. It is for informational purposes only.

UnknownUnicorn16739272

Alibaba has reached this crazy low trendline. Crazy things are happening worldwide, and the rest of the developing world is basically in a recession already so where this goes from here is anyone's guess. However, in the risk reward game, I like it. May play the swing bounce if I can. This is not a recommendation to buy or sell anything. It is for informational...