Trump makes America great again? ๐๐Markets heading towards that direction?!?! ๐ฅ๐ฅ
Hey all! ![]()
Before I say anything about this post, I would like to put a heads up disclaimer!
Disclaimer: I am not affiliated to any political parties in America. I do have a small holdings of options of $Trump Media & Technology (DJT.US)$ and shares of $Tesla (TSLA.US)$. All of the information provided here is based on my 2 cents opinion and is for education purpose. It is not a recommendation to buy or sell the shares. Please do your own Due diligence before making a decision. I am not responsible for any losses that occurs in your trade. This is not an advertisement or a sponsor from any political parties.
Let's dive into this! ![]()
As the elections are drawing near the stock prices are about to go higher as the polls results are drawing near. Some thinks that after the election there is a likelihood of a crash while others are speculating that it will go higher.
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Nasdaq is showing 2 signs right now a bullish rally and a bearish crash
Bullish rally is showing in the RSI above the fair strength whileย being above the 20 MA Line.
Bearish indicator shown in the MACD approaching the death cross towards the downside and a resistance level of 18700
I would say that next week we may forsee a crazy ![]()
up trend a ove 18700 and beyond or a pullback to 17800.![]()
Let's look at the featuring shares highlights for the week.
I'm just going gaga to be an option seller here because of the IV ![]()
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Currently DJT is showing a relatively bullish rally with an overbought RSI above 70 IDK will it rally further ๐๐๐or will it tank? ๐๐๐
Strong sentiments believe that as Trump rise up for the 2nd term president, it is likely that the shares will go up to 50. However, if he fails to get into the Whitehouse, it is likely to crash to the 20.
Evidence is showing at the options on the 8 Nov.
Sentiments overall showing really bullish confidence of OTM at the 50 on the 8th Nov. The people who bought into those calls are either genius ![]()
or insane ![]()
.
What about Tesla?
Going back in hindsight about my old post, it looks promising in Q3
Same goes to Tesla, it seems that with sentiment believe that Donald for president, it is likely that this will favour Tesla in a few ways.
1. Development of jobs for America ๐ผ
As Tesla is rolling away from EV into robotics AI, I believe that there is a need to build an in-house chip rather than relying on $NVIDIA (NVDA.US)$. They need innovative Americans to get there and develop better AI.
2. The batteries industry. ๐
The secret battery industry that Tesla has a competitive edge as well. Currently with the lithium prices dropping. (sorry I lost the post).this will give an edge to Tesla as they are heavily relying on the batteries to create longer lasting batteries to make the robots ๐ค work.
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Currently it had broke the Triangle trend. RSI and high volume of buys indicate a strong bullish trend ahead. If it is able to hold 260, we maybe able to see a bullish trends to 300! ๐
Weekly candlestick pattern had indicated a morning star pattern which more bullish trend ahead!
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Evidence showing of interest in calls made here.
Alright that is all from me! ![]()
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This is really a posting fest week! ![]()
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Blessings and God Bless America ๐บ๐ธ. May your trades be ever in your favour.
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72734102 : Are the MSM that President Trump has Exposed getting EVEN MORE desperate? Calling Him The Facsist When reality shows itโs the
democrats n them that are taking Hitlers Own playbook to TRY SO HARD to keep the citizens from Loving n Voting for this FEARLESS LEADER. Sad for them all, that WE the People see who The real Enemies of the people are! LOL bringing Hiclary out to attack President Trump is REAL Desperation.
Aaron Invests (AI) OP 72734102 : Understand the sentiments and feelings. In my own opinion. I believe that the books on unemployment claims and the unemployment rates of America is cooked!
The whole idea of the unemployment rate was during the great depression where people rely on jobs in order to generate the economy.
With so many freelancers and mini businesses opening these days such as Uber, Pinterest, Amazon, Facebook marketplace. Many fellow American are going capitalistic and prefer to start a small business and no longer go for the larger corporate America for work. They are no longer contributing to unemployment claims.
You can say gen Z are privileged. Actual fact they are suffering. They are just not as submissive as the previous generation as they have more avenues to earn their keep and not only on traditional jobs. They are pushing harder than even to gain financial independence and not to rely on corporate America.
Corporate America is posting ghost jobs for the sake of showing they are open to jobs but not hiring new people. They rather employ a robot at a lower cost as it is more cost effective than labor in the market.
My 2 cents is that the government need a new matrices on flow of funds. I think the spending on the CPI Data shows weaknesses happening in America spending.
Hope the Americans could stay strong as I am forseeing tough times ahead for regular folks of America.
God bless America
Aaron Invests (AI) OP : If anyone is interested to discuss scalping and Technical analysis opportunity. Feel free to join in
Join us in the group chat Scalp and TA Discussion.
Talented Mr Ripley : planned 'unexpected' major pullback will happening before TG.