Over the last two years, this is the trend I have noticed. Everytime people think something begins, it ends (ie. BLM abrupt end, HK protests abrupt end, covid waves as soon as lockdowns reach peak, freedom protests as soon as peak energy is reached, vaccine issues as soon as some "aha" moment appears). Everytime people think something ends, it begins (ie.Ukraine...
Let it snow, Let it snow, Let it snow! Is this just a wild guess, or is this a wildly overpriced hype company that's about to go down with the market?
Today likely seals the deal on the point of no return from the greatest bear market four generations of humanity are about to witness. Fall of the ancient DOW and one of its oldest poster children DE seals its fate. Protect cash. Follow the best bear market players. Good luck to all.
From 2008 until now, the XBI (child of the market) and SPX (mature adult of the market) indices have aligned upon every major/minor crash bottom. Typically the child leads the way in markets. With the (45%) disconnect at this moment in time, it is most improbable for most to consider that they would align anytime soon. But, is it possible??? I guess we shall see.
Bubble pop will eventually seep into the housing market This stock's intrinsic value is only19$
Poor fundamentals in a popping bubble. Intrinsic value = $10 EY = -0.74% P/E = -134.29
I wonder if we are about to witness a market "correction" of biblical proportions, right in time for Easter. So far this decade, all bearish bets have basically been slaughtered, but fundamentally, this is still a grand delusion, likely the greatest financial heist in the history of all our civilizations.
Inflation + bubble pop may take this stock out with an intrinisic value of $25.
Yields continue their upward thrust, calling on the FED's bluff yesterday. It says, "either you take responsibility and end this completely irresponsible fiscal delusion, or I shall do it for you." Either way, things will not end well. Will we see the Fed's Mjollnir or rocket ship inflation take will take down all forms of debt on its own first?
Junk stock of the day. SPR is highly dependant on BA and we all see where that is going. This stock has an intrinsic value of $5.
Boing, boing, boing!!! Should be a wonderful bouncing decade!!!!! All that free food gotta go somewhere, right???
Surprisingly, I drew most of the lines and boxes in this chart about two years ago and it played out almost to the teeth. Now comes the most important part though as it may waterfall through that disaster zone and and as a result: all asset classes go POP... SWOOSH... SPLASH... or... KLUNK. But after that, should be able to buy everything at a reasonable price...
The junk will go first when the bubble implodes. In fact, much junk has already been incinerated.
The amount of time this bear market has taken to resume (since the covid crash - yes I still stand firm that it was a grotesque Elliott 'B' wave) has been astounding and has now pretty much obliterated all speculative bears and bulls alike. Probably only the best traders and buy-and-hold folks have survived to-date with profit or unscathed. However, what it...
This is a visual comparison of the USA, Hong Kong, Chinese Internet and Russian markets since around the time of the covid crash. Interestingly there has been a long standing 1 to 6 month lag between what happens to these international markets and the USA. Quite different this time is the magnitude of divergence between these markets. What will happen next? ...
Could be right; could be wrong. Is it worth the risk?
'Twas a market full of bulls, In a world of delusion, Then came covid, To super charge the illusion. The Portnoy gamblers, The Wall Street betters , The Tik Tok traders, The gamma squeezers, One by one they arrived Dreamin' of the YOLO Or quivering from the FOMO Fueled by the FED And their MMT! Nobody gave a hoot about reality! Been a while folks. Time to be...
Ladies & gents, it has been a gruelling number of weeks waiting for this second wave bear market rally to complete, but with the drop over the last two days and this morning, I am convinced that we have entered the next leg down. As promised, I am now posting my overall outlook for the bear market which I believe will initially last about 57 weeks. I will...