UnknownUnicorn230788

UnknownUnicorn230788

Note Gold's cyclical bottoms. They occur ever 24 weeks (6 months, 1/2 year) They can be offset, early or late, but they occur with regular frequency. Lesson: Wait for the 24-week correction to enter Gold long.

UnknownUnicorn230788

NVDA has gone utterly parabolic. The rush for the doors will be crowded... P/E: 50 P/B: 9 Projected EPS growth next year: 9% Insider transactions over past 6 mo.: -20% 95% above the long term consensus of value (50WMA)

UnknownUnicorn230788

The DXY has surprised everyone, breaking out to multi-year highs. Bearish thesis: Price is currently stretched 13% above the long term consensus of value (200WMA) RSI and MACD show negative divergence Should the dollar reverse and close below $100, a powerful bear trap would be elected. A topping or engulfing candle would attract attention The smaller time frames...

UnknownUnicorn230788

Seems like all anxiety and fear in the market is gone. I am hesitant to believe the market will receive Trump with such benevolence longer term. The market has reacted as the new president has eliminated bureaucracy and inefficiencies in the government. His policies remain rumors at the moment. Nothing is official yet. The VIX spiked pre-election and crashed. It...

UnknownUnicorn230788

We have been hearing a lot of bearish sentiment on bonds recently. Many proclaim the death of the multi-decade bond bull. We have not heard Janet Yellen's FOMC statements on interest rates yet. The economic data is not overwhelmingly strong, so one could expect a dovish outlook. Trump does not control interest rates, so amid the rumors of a rising rates, the new...

UnknownUnicorn230788

Very difficult to get the timing right, but I believe we are nearing the top of the epic NASDAQ-100 run. Prices could consolidate or levitate upwards for weeks/months Price is currently stretched >20% above the long term consensus of value (200WMA) Price is forming a bearish ascending wedge RSI is showing negative divergence MACD is rolling over Price is...

UnknownUnicorn230788

Election Retrospective What a day! in attempt to understand how markets function, I postulate what could have happened. The following is for entertainment and education is not actionable. On election night, after Trump was elected, the SP500 crashed 110 points (5%) before erasing all loses and spiking 130 points (+6%). In an almost perfect mirror of the Brexit...