I'm bullish because of market psychology and chartpicture. I think we will see a big upmove. Than - maybe - another low. And than a monsterrallye. Cannot imagine that? Check Greg's videos from weeks ago. Still true.
Keep grinding out your fake trades and posting ridiculous comments. To all the people who read this post, this guy has been proven to be a fraud. He doesn't trade a single penny of his money. I have proven (based on his comments), that every one of his trades did not occur.
Time and sales can be researched in regard to trades. I will continuously prove (if you dare... post your trades), you're a complete fraud. Do not post trades days after it happens, but in real time.
* Incr interest rate = stronger US $ and curbs inflation
* Incr 10 year trsy yield = stronger US dollar
* Strong US dollar typ not good for gold/silver investors
* Inflation & weak dollar combo is great for gold/silver
* Strong US dollar good for US consumer buying abroad but bad for non US consumer....petro dollar for example....non US buyer must convert relatively weaker foreign currency to dollar to buy oil making it more expensive for them but cheaper for us to do same.
* ECB and other CB's along with Fed now buying US Trsy Bonds to save bond mrkt from imploding which means higher yields and weaker dollar.
Seems like US policy is self contradictory? Makes sense why foreign CB's would buy US Bonds but why would US Fed and CB's do this if weakens dollar and makes our purchases of foreign oil/gas more expensive ? Answer would be to drill at home and not buy foreign oil Biden admin is demonizing oil companies and has policies to put them out of business. Makes no sense.
* So we (Fed/US CB's not just foreign CB's) are now buying US Trsy Bonds which weakens dollar and is highly inflationary while at same time Fed is raising interest rates which is supposed to bring down inflation and essentially strengthening the dollar. Huh ?
* Isnt this in itself proof that the US middle class is being sold down the river....drive us out of stocks so CB's own it all. Kill us with inflation and coord with huge hedge funds to manipulate/suppress all traditional safe haven assets so that we are completely dependent on govt. Then seal the deal with a new worldwide CBDC to ensure we stay in our place as serfs/slaves to the elites. They are diabolical/ruthless...acting like they are looking out for our best interests with words/rhetoric but yet arecactually wolves in sheeps clothing. And yet too many people are either apathetic or down right believe the bs looking to the very ones that have coordinated this tyranny to save them. Like putting your head in the tigers mouth and hoping it doesnt bite it off.
Agree 100%. Just hard to hold onto commodity stocks while they get crushed. Is anyone thinking about selling commodities with intent to buy back at cheaper price or is it a bit late to sell now....just hold and use free cash flow to add to existing positions down the road when reversal takes place? Im just concerned if we are going to get another 50+% correction when shit hits the fan, i would think good assets will be sold to pay off the bad ones before the bottom can be discovered....kinda like thevfront lines in the civil war lined up against eachotger and the captain shouts out hold, hold, hold and then the other side shoots and everyone on the front line is dead.
Losing 5% per day in energy with no end in sight.... im so pissed i want to scream. Was doing good in energy for over a year and now poof. Take note....why is after hours or premarket trading, when markets are closed to peons like me but are open to institutional investors like blackrock, always up for energy lately then massive sell off in daytime trading.
Am DAXlong @ 13,116
Are you still bullish from this point on?
am long in dax. you can buy dow jones now.
Looking left, I can see that the current price is right at a previous S/R level around the February 11, 2020 date.
You're counting on a bounce from this s/r level?
DOW Daily Chart:
https://docs.google.com/document/d/1LYJgHYgAV1CUfpfm4aU1zWJ7JrZ1DQZQiNxlaY4350o/edit?usp=drivesdk
Looks like the DOW is on a serious downward trajectory. The 20 M.A. is under the 200 and the 50ma is heading south also.
Why are you bullish? Are you long a short term bounce?
DOW Daily Chart:
https://docs.google.com/document/d/1qjY8PotmpNsMX0TjWd9SFNY2IqQRz5Guqx_SHwe0lj4/edit?usp=drivesdk
I'm bullish because of market psychology and chartpicture. I think we will see a big upmove. Than - maybe - another low. And than a monsterrallye. Cannot imagine that? Check Greg's videos from weeks ago. Still true.
Dow Jones now up to 34,000 wouldn't be a surprise.
Yessir!
hope all is, and goes well, Godspeed and good luck
thank yo chris.
and thank you Mr Pres.
Keep grinding out your fake trades and posting ridiculous comments. To all the people who read this post, this guy has been proven to be a fraud. He doesn't trade a single penny of his money. I have proven (based on his comments), that every one of his trades did not occur.
Time and sales can be researched in regard to trades. I will continuously prove (if you dare... post your trades), you're a complete fraud. Do not post trades days after it happens, but in real time.
BTW, I want to say thank you for being you.
Who are you talking about? About me??? About my trades??? This one for example? DAXlong @ 13,116.
I see. You repeated the comment under the new video. Now I know you don't mean me. I had already wondered.
Zio meant trumphell666, he's the wack job.
Who is Chuck?
Chuck Connors
New guy on the advise block 🤔
The economy is going to collapse. __ Newsweek
YES! 👍😃
How is "all in on commodities" actually working with HenryHub 2.5 % down and CrudeOil (CruleOil) with 4.5 % down?
Copper minus 2.8 %
Wheat minus 2 %.
Maybe Cocoa is the place to be.
Perfect target for WTI would be 85 usd (imo). Will wait and try to buy at this level.
WTI crude down to 85usd in what time frame?
Hard to say, till end of June.
How is the DOW going to go up, but crude go down?
Really good question. To be honest: I dont know. Charts telling me so.
https://ibb.co/dJ36QSN
Greg, I think you spilled the beans to the world about this and now despite the yield dropping the stocks are barely holding on.
* Incr interest rate = stronger US $ and curbs inflation
* Incr 10 year trsy yield = stronger US dollar
* Strong US dollar typ not good for gold/silver investors
* Inflation & weak dollar combo is great for gold/silver
* Strong US dollar good for US consumer buying abroad but bad for non US consumer....petro dollar for example....non US buyer must convert relatively weaker foreign currency to dollar to buy oil making it more expensive for them but cheaper for us to do same.
* ECB and other CB's along with Fed now buying US Trsy Bonds to save bond mrkt from imploding which means higher yields and weaker dollar.
Seems like US policy is self contradictory? Makes sense why foreign CB's would buy US Bonds but why would US Fed and CB's do this if weakens dollar and makes our purchases of foreign oil/gas more expensive ? Answer would be to drill at home and not buy foreign oil Biden admin is demonizing oil companies and has policies to put them out of business. Makes no sense.
* So we (Fed/US CB's not just foreign CB's) are now buying US Trsy Bonds which weakens dollar and is highly inflationary while at same time Fed is raising interest rates which is supposed to bring down inflation and essentially strengthening the dollar. Huh ?
* Isnt this in itself proof that the US middle class is being sold down the river....drive us out of stocks so CB's own it all. Kill us with inflation and coord with huge hedge funds to manipulate/suppress all traditional safe haven assets so that we are completely dependent on govt. Then seal the deal with a new worldwide CBDC to ensure we stay in our place as serfs/slaves to the elites. They are diabolical/ruthless...acting like they are looking out for our best interests with words/rhetoric but yet arecactually wolves in sheeps clothing. And yet too many people are either apathetic or down right believe the bs looking to the very ones that have coordinated this tyranny to save them. Like putting your head in the tigers mouth and hoping it doesnt bite it off.
imo 29,600 is a buying opportunity in DowJones.
Think big upmove has started now.
Change nothing... Steady..
Oil down and Netflix up... what the heck
So, The FED and ECB are buying up all the Debt to “avert a crisis of their own making”??
You mean same as they have been doing since 2008? Business as usual by ‘the Managers’ of our ‘Managed Markets’.
I too agree with adding in more commodities to the portfolio… Also agree with being in a Heavy Cash position waiting for our ‘Managers’ to pivot.
ready to Buy the reversal off the bottom lows. (Be a Patient sniper). Just my humble opinion…
Agree 100%. Just hard to hold onto commodity stocks while they get crushed. Is anyone thinking about selling commodities with intent to buy back at cheaper price or is it a bit late to sell now....just hold and use free cash flow to add to existing positions down the road when reversal takes place? Im just concerned if we are going to get another 50+% correction when shit hits the fan, i would think good assets will be sold to pay off the bad ones before the bottom can be discovered....kinda like thevfront lines in the civil war lined up against eachotger and the captain shouts out hold, hold, hold and then the other side shoots and everyone on the front line is dead.
Losing 5% per day in energy with no end in sight.... im so pissed i want to scream. Was doing good in energy for over a year and now poof. Take note....why is after hours or premarket trading, when markets are closed to peons like me but are open to institutional investors like blackrock, always up for energy lately then massive sell off in daytime trading.