One of the Elliot wave guys thinks Gold may try a direct
breakout above resistance without a proper wave 2 correction. Does
he know that retail sentiment on Gold is 92% bulls. How much more
room to the upside is there with that many on the bullish side?
"As I write this, the GLD is attempting to break out despite not
seeing a clearly defined 2nd wave. Yet, the GDX or silver
have not done so. Moreover, the MACD has now turned up again
even though it has not turned down to the ideal pullback set up.
So, it may attempt a direct break out.
But, if the GLD will break out, I would expect GDX and silver to
follow. So, I will be watching these resistances over the coming
week."
Stayed in GSS since August pullback to 2.15. They have been
drilling out high grade gold intercepts across from Wassa mine.
Should continue to outoerform:
https://finviz.com/quote.ashx?t=gss&ty=c&ta=1&p=d
Could BABA have bottomed? Looks like an ABC corrective pattern
and a reversal. If Dollar going down, emerging market stocks should
reverse to the upside with the dollar reversing to the
downside:
snagged this one the day it started to break out at 2.40. It was
the most oversold on my scan when mining stocks bottomed. Bullish
pattern. Looks like more upside coming:
https://stockcharts.com/h-sc/ui?s=GSS&p=D&yr=0&mn=9&dy=3&id=p11503955704&a=845855999&listNum=36
Posted by steve101 on 28th of Jul 2021 at 08:13 am
AVIR: Fauci to question in Scientific American regarding drugs
potentially getting US funding for Covid Pill. Funding would spike
AVIR price- Can you say anything about which drugs are being
considered now?“There are a few drugs that are out there. For
instance, a protease inhibitor from Pfizer [currently known as
PF-07321332], a drug called molnupiravir from Merck and a drug from
Atea Pharmaceuticals [AT-527]. The purpose of the APP is to develop
a more robust pipeline.” Clinical trials data ( non-hospitalized
and hospitalized) will be another catalyst. I hope they release
non-hospitalized trial data first as the trial will be completed on
Aug-03. The company is suggesting data showing 80% reduction
in viral load will translate to milder symptoms and fewer
days in hospital.
Posted by steve101 on 27th of Jul 2021 at 09:22 pm
AGNC: Rising Mortgage Spread Signals
Trouble For Agency REITs
While agency mortgage REITs
carry minimal credit risks, they carry immense exposure to the
spread between mortgages and treasuries.
This spread has been
artificially suppressed by the Federal Reserve's immense
mortgage-backed-security purchase program.
The Fed's ability to keep
the mortgage spread below its equilibrium level is fading despite
continued purchase pressures.
The coming end to the
eviction moratorium or Federal Reserve tapering may create
dislocations that catalyze a larger widening of the mortgage
spread.
As the mortgage spread
normalizes, AGNC's book value may decline 20-40% - making for a
short opportunity for those looking to hedge against downside
risks.
Posted by steve101 on 19th of Jul 2021 at 06:50 pm
Other nuc. inhibitors that could work if Delta variant continues
to spread rapidly across the world besides AVIR, are NVAX and BNTX:
NVAX had a nice day today interesting wedge pattern:
Posted by steve101 on 19th of Jul 2021 at 06:29 pm
Back in AVIR. Remember this pharma company has a Covid pill now
in phase 3 trials and a partnership with a big pharma company who
provided funds for meeting milestones. With the rise of the delta
variant and fears about that... Look at the moving average ribbon.
The basing pattern. And how deep this corrected. Strength today:
https://stockcharts.com/h-sc/ui?s=AVIR&p=D&yr=0&mn=6&dy=0&id=p06982194042&a=951048442&listNum=59
Posted by steve101 on 14th of Jul 2021 at 11:18 am
Someone mentioned DGNR. Looked at the weekly chart. Basing since
May. Quadruple positive divergence on RSI 5:
https://stockcharts.com/h-sc/ui?s=DGNR&p=W&yr=3&mn=0&dy=0&id=p36616265736&a=971280028&
listNum=114
The community is delayed by three days for non registered users.
Bollinger band is extremely tight
Posted by steve101 on 25th of Jan 2023 at 03:49 pm
Bollinger band is extremely tight on ZSL: https://stockcharts.com/h-sc/ui?s=ZSL&p=D&yr=0&mn=7&dy=0&id=p87833089133&a=334149954&listNum=61
stockcharts.com
ZSL | SharpCharts | StockCharts.com
Create advanced interactive price charts for ZSL, with a wide variety of chart types, technical indicators, overlays, and annotation tools.
https://www.elliottwavetrader.net/p/analysis/GLD-Trying-To-Break-Out-202301138269610.html One of the Elliot wave
Posted by steve101 on 16th of Jan 2023 at 01:09 pm
https://www.elliottwavetrader.net/p/analysis/GLD-Trying-To-Break-Out-202301138269610.html
One of the Elliot wave guys thinks Gold may try a direct breakout above resistance without a proper wave 2 correction. Does he know that retail sentiment on Gold is 92% bulls. How much more room to the upside is there with that many on the bullish side?
"As I write this, the GLD is attempting to break out despite not seeing a clearly defined 2nd wave. Yet, the GDX or silver have not done so. Moreover, the MACD has now turned up again even though it has not turned down to the ideal pullback set up. So, it may attempt a direct break out.
But, if the GLD will break out, I would expect GDX and silver to follow. So, I will be watching these resistances over the coming week."
elliottwavetrader.net
GLD Trying To Break Out - ElliottWaveTrader
CGC
Posted by steve101 on 13th of Nov 2022 at 03:00 pm
https://stockcharts.com/h-sc/ui?s=CGC&p=W&yr=4&mn=0&dy=0&id=p1430031897c&a=648303529&listNum=36
Look at the volume on the weekly chart. Looks like a 1, 2 pattern with more upside to come.
stockcharts.com
CGC | SharpCharts | StockCharts.com
Create advanced interactive price charts for CGC, with a wide variety of chart types, technical indicators, overlays, and annotation tools.
https://finviz.com/quote.ashx?t=PUMP&ty=c&ta=1&p=d&tas=0
NINE is a beast
Posted by steve101 on 31st of Oct 2022 at 12:22 pm
https://finviz.com/quote.ashx?t=PUMP&ty=c&ta=1&p=d&tas=0
finviz.com
PUMP ProPetro Holding Corp. Stock Quote
Stock screener for investors and traders, financial visualizations.
Cycles guy on markets video: https://www.youtube.com/watch?v=ubV4WtY9zQQ
Posted by steve101 on 8th of May 2022 at 02:17 pm
Cycles guy on markets video: https://www.youtube.com/watch?v=ubV4WtY9zQQ
I did take PUBM Matt.
PUBM and ASAN
Posted by steve101 on 10th of Nov 2021 at 12:12 pm
I did take PUBM Matt. That was a good one. Still in it. Think it gets a bit above 50 before its done.
Stayed in GSS since August
Posted by steve101 on 1st of Nov 2021 at 12:44 pm
Stayed in GSS since August pullback to 2.15. They have been drilling out high grade gold intercepts across from Wassa mine. Should continue to outoerform: https://finviz.com/quote.ashx?t=gss&ty=c&ta=1&p=d
https://seekingalpha.com/article/4453589-chinese-internet-stocks-bad-news-ignored-signaling-sellers-exhaustion
Posted by steve101 on 5th of Sep 2021 at 12:47 pm
https://seekingalpha.com/article/4453589-chinese-internet-stocks-bad-news-ignored-signaling-sellers-exhaustion
Could BABA have bottomed? Looks
Posted by steve101 on 5th of Sep 2021 at 11:18 am
Could BABA have bottomed? Looks like an ABC corrective pattern and a reversal. If Dollar going down, emerging market stocks should reverse to the upside with the dollar reversing to the downside:
https://stockcharts.com/h-sc/ui?s=baba&p=W&yr=4&mn=0&dy=0&id=p40618692853&a=268404626&listNum=6
https://www.marketwatch.com/story/heres-another-sign-the-bull-market-is-near-a-peak-and-this-one-bears-watching-11628233932
Posted by steve101 on 9th of Aug 2021 at 06:58 am
https://www.marketwatch.com/story/heres-another-sign-the-bull-market-is-near-a-peak-and-this-one-bears-watching-11628233932
Quite the move: https://stockcharts.com/h-sc/ui?s=astr&p=D&yr=0&mn=6&dy=0&id=p58137076282&a=807021743&listNum=59
Posted by steve101 on 5th of Aug 2021 at 01:41 pm
Quite the move: https://stockcharts.com/h-sc/ui?s=astr&p=D&yr=0&mn=6&dy=0&id=p58137076282&a=807021743&listNum=59
snagged this one the day
Posted by steve101 on 4th of Aug 2021 at 09:08 am
snagged this one the day it started to break out at 2.40. It was the most oversold on my scan when mining stocks bottomed. Bullish pattern. Looks like more upside coming: https://stockcharts.com/h-sc/ui?s=GSS&p=D&yr=0&mn=9&dy=3&id=p11503955704&a=845855999&listNum=36
AVIR: Fauci to question in
Posted by steve101 on 28th of Jul 2021 at 08:13 am
AVIR: Fauci to question in Scientific American regarding drugs potentially getting US funding for Covid Pill. Funding would spike AVIR price- Can you say anything about which drugs are being considered now?“There are a few drugs that are out there. For instance, a protease inhibitor from Pfizer [currently known as PF-07321332], a drug called molnupiravir from Merck and a drug from Atea Pharmaceuticals [AT-527]. The purpose of the APP is to develop a more robust pipeline.” Clinical trials data ( non-hospitalized and hospitalized) will be another catalyst. I hope they release non-hospitalized trial data first as the trial will be completed on Aug-03. The company is suggesting data showing 80% reduction in viral load will translate to milder symptoms and fewer days in hospital.
AGNC: Rising Mortgage Spread Signals Trouble
Posted by steve101 on 27th of Jul 2021 at 09:22 pm
AGNC: Rising Mortgage Spread Signals Trouble For Agency REITs
Moving averages 9, 20, 50
Posted by steve101 on 22nd of Jul 2021 at 12:57 pm
Moving averages 9, 20, 50 now in bullish allignment, moving average ribbon getting there too from a tight coil. Back in this past four days:
https://stockcharts.com/h-sc/ui?s=AVIR&p=D&yr=0&mn=6&dy=0&id=p75739556793&a=967808410&listNum=59
Other nuc. inhibitors that could
Posted by steve101 on 19th of Jul 2021 at 06:50 pm
Other nuc. inhibitors that could work if Delta variant continues to spread rapidly across the world besides AVIR, are NVAX and BNTX: NVAX had a nice day today interesting wedge pattern:
https://stockcharts.com/h-sc/ui?s=NVAX&p=W&yr=4&mn=0&dy=0&id=p40618692853&a=268404626&listNum=6
Back in AVIR. Remember this
Posted by steve101 on 19th of Jul 2021 at 06:29 pm
Back in AVIR. Remember this pharma company has a Covid pill now in phase 3 trials and a partnership with a big pharma company who provided funds for meeting milestones. With the rise of the delta variant and fears about that... Look at the moving average ribbon. The basing pattern. And how deep this corrected. Strength today: https://stockcharts.com/h-sc/ui?s=AVIR&p=D&yr=0&mn=6&dy=0&id=p06982194042&a=951048442&listNum=59
Someone mentioned DGNR. Looked at
Posted by steve101 on 14th of Jul 2021 at 11:18 am
Someone mentioned DGNR. Looked at the weekly chart. Basing since May. Quadruple positive divergence on RSI 5: https://stockcharts.com/h-sc/ui?s=DGNR&p=W&yr=3&mn=0&dy=0&id=p36616265736&a=971280028& listNum=114
Wow, does this make up
Posted by steve101 on 2nd of Jul 2021 at 01:09 pm
Wow, does this make up for the AVIR trade. Glad I stayed in HOL into its coversion to ASTR: https://stockcharts.com/freecharts/pnf.php?c=ASTR,PWTAWANRBO[PA][D][F1!3!!!2!20]
ASTR weekly is interesting: https://stockcharts.com/h-sc/ui?s=ASTR&p=W&yr=3&mn=0&dy=0&id=p36616265736&a=971280028&listNum=114
Posted by steve101 on 2nd of Jul 2021 at 09:52 am
ASTR weekly is interesting: https://stockcharts.com/h-sc/ui?s=ASTR&p=W&yr=3&mn=0&dy=0&id=p36616265736&a=971280028&listNum=114