debt based economy looks as if the debt load is too much. people are fleeing to safety. people are selling stocks. people are panicking because of covid 19. rates cuts cant help. QE cant help either. tighten your chin straps its getting real. bond market is falling like a rock. do your DD but I believe metals is the only way to go in this environment.
this pattern with the 10 yr treasury note under 1 percent and falling is now a short indicator on markets and market drivers like oil.
The dollaramas rear me are always packed with long lines as everyone is feeling the financial pinch caused by inflation. Only problem is a lot of the products are coming from China. Watchlist for now watch for support next week at .236 fib.
With gold rapidly increasing and more production at eld we can see gold stocks like eld,bto,yri,abx hitting new 52 week highs. When I long my charts these holdings are a minimum of 6-12 months. My outlook for fiat currencies like the cad and the euro are negative. Economies are in contraction and no the USA is not booming. The only thing booming is the debt load...
Looks like silver is finally breaking out higher. Hope you were stacking!
BTC and ETH both are testing resistance areas and hive is reporting lower energy costs and 20 percent ETH mining. Setting up earnings to beat expectations. I updated my chart to see how how hive will run. Hive is so bullish it broke through the weekly bollinger band and pierced the weekly 50 sma. I see a take profit at .50 but expect volatility going into tomorrow...
I’m a oil bull. I just bought back into arx and hou. Arx has strong numbers and recently fell off with the price of oil. I believe oil will hit 100 a barrel again based on a weaker usd lower rates more QE as the fed supports the repo scam. My predictions are based on fed policy and change depending on monetary policy and economic outlooks. Do your own dd. Take...
Profitability check. Cash flow check. Growing market check. Experience check. Cash in the bank check. 2-5 years village farms will be an easy 24-30 a share in my opinion. Testing previous low and .236 fib. Support. At 7.00
Largest volume spike ever within the first hour.. bets like this never happen unless they expect the market to fall
Friday looks like a good day for pot stocks. Vff broke out of the downtrend retested the backside and should rally tomorrow. Let’s see what happens resistance 8.50
3.73 support sell 4.50. Tomorrow will tell us how bullish ogi is.
Good volume moving into bullish territory. See resistance at .16.
Love these retests as they bounce fast and make good money doing it. Be patient and wait for your entry. 6.00 price target.
Usd will keep falling to the usd I’m still long oil. Oil gold bitcoin silver. Buy buy buy.
Breaking through .236 fib a close Monday above 1.10 could mean 1.40 price target.
This chart is more just for swing trade purposes Sell zone .77-.80.
I see a cron and cgc pulling ahead of everyone because of their cash positions and partners. 16.00 price target