Check out the Mac D charts before buying anything. I personally think it's a good time to buy natural gas before it starts getting cold. Dollar cost average in companies with good dividends. Just go slow. Buy a little at a time.
Greg, you are growing up. You finally learned about stop loss and exit plans. Good boy. To bad you didn't have intelligence to employ this strategy with your Horrible Crypto losses in addition to the lost profits from the highs. You are learning from your multiple Crypto mistakes.
If the fed was serious about lower bond yields the dollar would be selling off just like it did from May 2020 to December 2020. The inflation and market rally we are currently dealing with and had was because of this. The selloff is due to the rapid rise in the dollar and the fact that 10 year yield has slowly been climbing non stop since Aug. 2020 and when the 10 year bond yields started approaching 2018 and 2020 highs market crashed just like it did in 2018 and 2020. Not sure why Greg missed this since he studies the bond market so hard"" And don't forget once they got back up to the 2018 2020 highs it was on 3 or 4 times more debt.
That was the play with the environment were in, they manipulated it all because many people were ready in these stocks I think. Gonna catch up on the new vid.
No he is not. All Pro's adhere to a sell discipline or they are amateurs. Stopping out this quick means its one of the many long trades that are not working. Banking a profit overall is just trading around a position and managing a p and l. Greg has edge and is worth following. His antics are unique. The best trend followers are right less than 50% so identify and accept the risk when you put the trade on. IF you cant adhere to a wide 10% stop then maybe tennis is better...... Learn to trade not worship guru's they complement your approach but they all live by their wins/losses. to expect less in the comments below is not accepting reality. Commodities are teetering on breaching major support and flows suggest liquidity may dry up and shake out those stuck in this range. It may then actually reverse and go higher in which its ok to pay up. This is a common move to take it down before taking it up. My only concern is Greg's stop is where lots are....... 35 yr veteran trader and professional. This is not advice just pointing out you are getting way more than the cost of this service....... Greg is right over 70% of the time. You can make bank on that
If the Fed causes recession the Democrats are DONE! If there’s hyper inflation the Democrats are DONE! Soft landing is the only hope. However their policies are leading to recession. Unless they turn on the spigot for oil we are toast. Probably will do it around September so things take off by November so they can say they have saved the economy to get re-elected.
My opinion on PDBC is that it is better suited for trading than investing due to roll decay and volatility. These are futures contracts that undergo regular turnover. Being an investor, and not a trader, I will continue look for deep value opportunities in the commodity spaces, especially hated areas like coal, oil/gas, uranium, etc in today's climate focused on climate change, ESG, WOKE, etc. Just my two cents on PDBC.
Your asking for trouble again Greg. Why do you continue to buy stocks that are down trending and have bearish indictors on both the daily and weekly with huge amounts of selling volume against buying volume? It has also broken the 50 day MA, which means the trend is broken and is down. At least wait until the selling volume dries up and a bottoming process starts and the daily gets back above it's 8 day EMA before you go long.
So much for going all in on commodities.
You dump your stocks, you dump your crypto, and now you’re getting ready to dump commodities. Playing with scared money?
Great analogy!
What about re-buying oil. Dvn, exon,bp and the rest ?
Looking at these now.. I will post what I decide to do here in this newsletter.
not now. wait.
Check out the Mac D charts before buying anything. I personally think it's a good time to buy natural gas before it starts getting cold. Dollar cost average in companies with good dividends. Just go slow. Buy a little at a time.
Greg, you are growing up. You finally learned about stop loss and exit plans. Good boy. To bad you didn't have intelligence to employ this strategy with your Horrible Crypto losses in addition to the lost profits from the highs. You are learning from your multiple Crypto mistakes.
Problem is now we are going to get a bear market rally more than likely after he already got out at the bottom.
Buy the dips in an uptrend not a down trend. Short the rips in a downtrend.
Hard to play anything with the Central Banks and the Fed. still buying debt. Look at ZROZ!!
If the fed was serious about lower bond yields the dollar would be selling off just like it did from May 2020 to December 2020. The inflation and market rally we are currently dealing with and had was because of this. The selloff is due to the rapid rise in the dollar and the fact that 10 year yield has slowly been climbing non stop since Aug. 2020 and when the 10 year bond yields started approaching 2018 and 2020 highs market crashed just like it did in 2018 and 2020. Not sure why Greg missed this since he studies the bond market so hard"" And don't forget once they got back up to the 2018 2020 highs it was on 3 or 4 times more debt.
That was the play with the environment were in, they manipulated it all because many people were ready in these stocks I think. Gonna catch up on the new vid.
manipulation is part of the game. we have to know that when are engaging in the markets.
Question - was looking to read prior posts but history only goes back to early June for me? New to Substack so I don’t know what is normal.
are you searching in your profile or below?
I’m an idiot! - I figured it out 👍
How can you be an idot when you figured it out? 😁.
Falling hot knives time to wait it out.
No he is not. All Pro's adhere to a sell discipline or they are amateurs. Stopping out this quick means its one of the many long trades that are not working. Banking a profit overall is just trading around a position and managing a p and l. Greg has edge and is worth following. His antics are unique. The best trend followers are right less than 50% so identify and accept the risk when you put the trade on. IF you cant adhere to a wide 10% stop then maybe tennis is better...... Learn to trade not worship guru's they complement your approach but they all live by their wins/losses. to expect less in the comments below is not accepting reality. Commodities are teetering on breaching major support and flows suggest liquidity may dry up and shake out those stuck in this range. It may then actually reverse and go higher in which its ok to pay up. This is a common move to take it down before taking it up. My only concern is Greg's stop is where lots are....... 35 yr veteran trader and professional. This is not advice just pointing out you are getting way more than the cost of this service....... Greg is right over 70% of the time. You can make bank on that
Appreciate your honesty
If the Fed causes recession the Democrats are DONE! If there’s hyper inflation the Democrats are DONE! Soft landing is the only hope. However their policies are leading to recession. Unless they turn on the spigot for oil we are toast. Probably will do it around September so things take off by November so they can say they have saved the economy to get re-elected.
countertrade DowJones up possible now.
^^^ very stable genius
that's why I am in the business of fishing bottoms (not tops).
?
me is a very stable genius. nobody mentions. so I do by myself. 😁
so sorry - yes I kinda thought that's what u meant - good job!
😎
possibly breach 32k on DJ upside?
yes imo.
am long in DAX instead. same moves.
yes i rememeber that from last week (i think) - appreciate your comments on oil too - watching that action closely here - have a great day!
wti still expecting/waiting for around 90 usd. Than we will see. 140 usd or much more down. Step by step.
thank you. Dax from last week sold with profit. Bought Dax again today. Fifth trade to catch the big upmove. First four tries all sold with profit.
wow - nice job! - good luck with the 5th
Actually 3 trades running: DAX long, SILVER long, COCOA long
(not talking about investments, other story)
DAXfutur with a 100 points upspike in 1 second. Than 100 points down the next second. Unnormality.
Do you have a stop loss in place?
My opinion on PDBC is that it is better suited for trading than investing due to roll decay and volatility. These are futures contracts that undergo regular turnover. Being an investor, and not a trader, I will continue look for deep value opportunities in the commodity spaces, especially hated areas like coal, oil/gas, uranium, etc in today's climate focused on climate change, ESG, WOKE, etc. Just my two cents on PDBC.
I closed mine too with a slight profit.
Your asking for trouble again Greg. Why do you continue to buy stocks that are down trending and have bearish indictors on both the daily and weekly with huge amounts of selling volume against buying volume? It has also broken the 50 day MA, which means the trend is broken and is down. At least wait until the selling volume dries up and a bottoming process starts and the daily gets back above it's 8 day EMA before you go long.
Good Point thx