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Snope Male ID: 103079298
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    $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ Just early last week, when most market participants were convinced that we were on the brink of a market correction, I highlighted to members of my community the power of excess liquidity. The Bubble of Liquidity demonstrated itself again this week when the markets surprised many investors by having one of the biggest rallies in months, delivering solid gains. The S&P index closed last week up 1.8%, its best week since last July. The Nasdaq was up by 2.2%, and the Russell small-cap index was up by 1.5%.
    Weakness in equities continues to be quickly met with investors looking to "buy the dip." In a strong bull market like today, stocks can surprise to the upside at any time.
    I have been urging our investors not to try trading this market as the risk of missing large rallies is high. Personally, I have been fully invested in the past several months and suggest that our members remain fully invested. Selling or reducing positions has been the wrong move. Furthermore, if you attempt to trade this market, it would result in significant missed opportunities when the markets recover quickly.
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    According to the latest data, the U.S. CPI is 0.4% month-on-month, and the annual discount rate is also around 5%. This shows that inflation stems from previous price increases and is under considerable marginal pressure. On the one hand, high prices reflect the phenomenon of unsmooth economic links, and on the other hand, they also imply that U.S. demand is continuing to recover.
    The CPI increase in October may hit a new high in nearly 30 years. In November, despite the Fed’s taper’s expectations, this is only to reduce the scale of bond purchases. No matter how small the valve is to release water, it will also release water. The impact on bulk futures will not be reflected in the short term. On the whole, the fall in US inflation still needs a period of time.
    $Dow Jones Industrial Average (.DJI.US)$
    $SPDR S&P 500 ETF (SPY.US)$
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    $Apple (AAPL.US)$ If you feel the urge to buy Apple stock please read this, you may find it useful, at least I believe it will save your time in trading!
    In the above charts, you can see the last 4 apple corrections, in the past trading year!
    As you can clearly see, Apple's correction is usually followed by a sideways (consolidation) pattern.
    With a little more focus you can find out these sideways last for 3-4 weeks and the range of the consolidation pattern could be 50% of the correction before it!
    Holding stocks in sideway patterns could be torturous for active traders!
    I am pretty much sure you have experienced this phenomenon many times!
    By evaluating the behavior of any stock you can find some none random patterns, If you could not find it, leave it alone and look for other opportunities! there are always many out there if you know how to looking for them!
    A few lessons from him Simons:
    “We search through historical data looking for anomalous patterns that we would not expect to occur at random.”
    "Efficient market theory is correct in that there are no gross inefficiencies. But we look at anomalies that may be small in size and brief in time. We make our forecast. Then, shortly thereafter, we re-evaluate the situation and revise our forecast and our portfolio. We do this all day long. We're always in and out and out and in. So we're dependent on activity to make money."
    Trend = (inefficient market) Good for trading.
    Sideways: (efficient market) not good for trading.
    George Soros saying: “ Chuck Prince famously said we have to dance until the music stops. Actually, the music had stopped already when he said that.”
    I will patiently wait for the music to start dancing with it.
    The last 4 correction!
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    $Apple (AAPL.US)$ 
    $NIO Inc (NIO.US)$ 
    $Citigroup (C.US)$ 
    With a few months of investment experience, I have learned a lot about investment knowledge. I keep watching the Moo courses and constantly read comments from the Moo community. I was once sad for missing the opportunity to buy Hershey stocks, angry for not selling at the peak, and felt that investing was too difficult. Why is it that every stock I buy into drops 📉 and once I sell it, it starts to rise 🆙 again? I instantly feel crushed, my confidence hits rock bottom, but investing can make me stronger. My mental strength, resilience, and patience are slowly growing stronger through active learning, observation, and research, leading to fewer wrong decisions and more cautious investing.
    Turn your sadness and unshed tears into motivation, come on! 💪🏻💪🏏💪🏻
    Translated
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    $SPDR S&P 500 ETF (SPY.US)$
    At this stage of the game, there are genuinely too many things to list that would back up the idea of an impending drop in the market.
    Instead of eating, sleeping breathing FUD and living in the fear based, scarcity mindset and focusing on how “the market is going to crash” I encourage everyone to see the clearance buffet we are about to have in front of us.
    We are about to have an opportunity for generational wealth transfer style profit making. Many missed the ultimate BTFD moment (COVID) but I believe we’re in for a mini round 2. The bigger the dip, the bigger the rip and I’m being a bit facetious here but I mean it.
    If you’re gonna rob a bank, are you gonna plan how to do it ahead of time, or just walk in? You know the phrase get away with murder? Well, the people who get away with it are the people who plan it and not the ones who do it impulsively in the moment!
    So get ready for the murder of the market that brings a traditional Christmas pump. If you're uncomfortable trading chop, spend this time:
    1. Charting High Time Frame on Fundamentally Sound Tickers
    2. Setting Alerts at Buy Zones
    3. Waiting
    Spend this time making all of the money you can OUTSIDE of the market so when opportunity presents itself (massive fear and a drop) to be bought you have the opportunity to do so.
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    $Advanced Micro Devices (AMD.US)$ Hello traders and investors! Let’s see how AMD is doing today!
    Since our last analysis, the $ 106 did a good job holding the price, as we thought it would, however, when we finally broke this resistance this week, AMD drops sharply thanks to yesterday’s sell-off.
    Now, we see that we are having some reaction, which is good, but we aren’t near any visible support in the 1h chart, so the situation is still a little bit complex to read. In the daily chart we have more clues:
    It does seem that the $ 100 area is a nice support for AMD , and it is a quite symbolic price, as it is a round number. If the volume keeps increasing, a bullish reaction might give us another buy sign, and consolidate the $ 100 as a floor for AMD .
    Today it is a good start, but we must wait for more confirmation. If you liked this post, remember to follow me to keep in touch with my daily updates, and please, support this idea before you leave!
    Have a good day!
    Snope liked
    $SPDR S&P 500 ETF (SPY.US)$
    After some charting fun I made a few observations
    ~During the past dividends, there has been a big pullback which coincided with the previous 5% drop and this 6% drop. This could be a bearish indicator for future SPY contracts to keep in mind. Dividends = puts
    ~The previous resistance became the long term support ever since April. This, if SPY ever does break this resistance line without coming back, there are two gaps to fill which would be great Price targets (414.50-416) and (401.30-402.70)
    ~Using fractal recurrence, we can see that we may see a rise to probably around 449 before we see our next major pullback. The last 5% drop that followed a double bottom that we are seeing now followed this pattern, and seeing as to how this is a very similar fractal ...Lord have mercy.
    ~Also keep in mind that the RSI is overbought rn and has also started curling up. Every time it has done this it is usually followed by going overbought.
    SPY: Long for the next 3 weeks