arama-nuggetrouble

arama-nuggetrouble Updated 

Oil is setting up nicely for a move up. A sizzling hot economy still burning off stimulus with rate cuts will do that! Hopefully this trade will be valid for 2-3 months and PGMs will look good.

arama-nuggetrouble Updated 

dumped everything else. We are in SBSW, looks like the risk rally still got some wheels.

arama-nuggetrouble Updated 

No bush is not president but 3M is hovering around $90.

arama-nuggetrouble Updated 

Metals are ready to pop/explode but will an upward bump in the Dollar provide an entry? Not sure if it will or the Dollar may continue to throw up and head down to $96. $96 is a support zone for the Dollar and the level it exploded from when Russia invaded Ukraine leading to a premium for US Oil. The Dollar and Oil link is important to watch. Lets see how big of a...

arama-nuggetrouble Updated 

Please tell me more about your etf. Lets see what the dweebs do here...

arama-nuggetrouble Updated 

Anglo American plc is the leader in PMG markets with $10 billion in operating income. A confirmed breakout in ANGPY will likely mean further upside in smaller PMG miners (SBSW, IMPUY). Also heard they use platinum in missiles and we all know how much we love war now!

arama-nuggetrouble Updated 

Rising yields have lead to a massive sell-off in OIL markets foreshadowing: tighter economic conditions, cheaper energy prices and lower inflation prints - ultimately resulting in a weaker dollar / stronger euro in the short term. Globally inflation took off mainly as a result of covid stimulus exacerbated by Russia’s invasion of Ukraine. Even though the war is...

arama-nuggetrouble

Looks like its headed toward $300. Any moves up will likely be sold into until a bottom is formed.

arama-nuggetrouble Updated 

.....the growth over value mindset has corroded metal hearts.....groomed, conditioned to buy the growth....nothing else is known...value patience

arama-nuggetrouble Updated 

An Inverted yield curve in the context of a 2% inflation environment holds a different meaning than, an Inverted Yield Curve in a high inflation environment...... Market Expectations of Disinflation led to this Inverted Yield Curve: The Nominal Inversion of the yield curve is caused by the expectation that inflation will fall steadily. Believe it or not an...

arama-nuggetrouble Updated 

The Biden presidency will give this stock the push it needs to initiate a bull run and break the downtrend lines. Lookin to see high amounts of volume at this supply zone.

arama-nuggetrouble Updated 

The slowing rate of disinflation due to higher economic growth will dash any hopes of a soft landing. Markets have interpreted disinflationary data as a reason to relax policy. The US dollar's strength compared to the worlds economy has faltered since, September 2022. A lot of market participants have flipped bullish on risky assets in the wake of an incredible...

arama-nuggetrouble Updated 

Non-Farm Payroll numbers showed a decrease in wage growth inflation supporting the disinflationary narrative, bullish for equities. Even-though, the unemployment rate fell to a multi-decade low of 3.49%, signals of slowing wage inflation were all markets cared about. Over the next couple of months more disinflationary data will be coming out. Financial conditions...

arama-nuggetrouble Updated 

SAUDI'S are cutting oil production by a million barrels. With lower supply, higher prices. Yes, any profits from this oil pipeline stock, is blood money. But, like any settler colony, blood money is the only money. These pipelines go straight through native Americans lands and destroys the rich wildlife in these areas. Anyways, it formed a nest, low...

arama-nuggetrouble Updated 

US10Y is at support. With an expected terminal rate of 5.25%, the US10Y will not fall below the neutral rate (3.0%-3.5%). The fed has messaged that the September meeting was them getting to neutral (3.25) and the November meeting as entering restrictive territory (4.0). I see a higher upside risk than downside for bond yields. VIX is at 19 and SKEW,VVIX are...

arama-nuggetrouble

Markets are pricing in a recession by 2023 year end. Many believe the fed has overtightened and financial conditions will kill growth. Less spending, lowering earnings and less jobs. In today's market environment an environment a recession is actually bullish for equity markets. A recession would bring down aggregate demand and inflation. This would allow the fed...

arama-nuggetrouble Updated 

The problem with having a strong support zone, is that when that support zone is lost. Stops are run and the sell off is accentuated. Eventhough, there is certainly a bullish case to be made for risk assets. Why take the risk? It may best to look at other non-related sectors to hid out in. Look at the strength in XLP...... XLY/XLP (Discretionary/Staples) ...

arama-nuggetrouble

Bitcoin has held up comparatively well against its pre-covid levels. Prior to COVID, BTC was at ~10K. After a huge market sell off BTC stands slouched at 20K, up 100% still! This leads to the question of should you buy or not? I don't believe the current economic landscape provides the evidence needed to support a crypto bull market inception but, I certainly...