We a dobble peak and a possible complex 5 wave ascending wedge pattern, coming up from the bottom. On this chart I have also added in time analysis with the actual days a move took to complete before ...Read More
Macro analysis of the markets is an essential part of investing (buy and hold). Examining what price has done over time, gives you an important clue as to what strategy should be best applied. Cash, t...Read More
What people that follow him and buy into his form of “mental game” and then goes on to say how every trade is difficult, and blah blah blah. Let’s stop here for a sec. First off, you...Read More
Could the economy continue to grow even if we ran surpluses? The answer is yes. If the rich, say top 400 wealthiest Americans worth $2.5 Trillion decided to invest their money back onto the economy wh...Read More
Lately I am focusing on pattern recognition for you guys. We have been over the, economic aspect of trading, Mosler’s MMT vs others, the fuckery aspect of trading, buy and hold buffet schitt, vs...Read More
The markets is a magician. The goal of the markets is to distract you from what is really going on. MMT tells you what is really going on. But not daily or weekly and maybe monthly. EUR is a perfect e...Read More
Let’s talk a little about investing and how to trade. As a long term investor, your main goal is to lower cost average! If you can do that effectively you will grow your account. Guaranteed! Con...Read More
As you guys have probably figured out by now, I am a bare knuckle investor. I don’t use candle sticks, bots, moving averages, trend indicators, News, Stop losses, contrarian for the sake of it, ...Read More
Last week I pointed to the fact that we had closed within a point for the last three months. Between 216, 217 in the SPY. I said this month would decide which way it’s going to go. Half way thro...Read More
I don’t trust the market as I have mentioned a few times now. You all saw what happened today. Can it continue higher? Easily, but I don’t really care to find out at this point. Flat marke...Read More