Silver....... iit does not "feel" strong to me, but feelings are
not the best advisor. In fact silver does look quite similar to
2002 before it started climbing... maybe this Dolly Parton stock
has some energy left for the next couple of years.....
Swiss National Bank (SNB) decided to renounce the hard barrier
on the Euro and Swiss Frank currency pair. So the Swiss Frank
skyrocketed against all other curreny pairs, and stock markets
took a dive.
Everything reversed a bit by now. Could be a non-event for
you guys, but certailly not for the Swiss. Within minutes the SNB
took a loss of over 100 Billions. With swiss stock markets down 10
% and foreign currencies down 15 %, the swiss people got fucked by
their own central bank. In my opinion we are not the only ones but
you just have not realised it yet ....
Maybe it is the start of something bigger but as I said before,
the rest of the world can do business as usual.
And be prepared for swiss tourists out there.... it never has
been cheaper to travel....
Als long as EUR/USD can't break the trendline, there will be no
turn in Gold and stocks. To me it seems that at least another leg
down to complete the wedge is missing. A turn in USD, GOLD and
stocks could occur after Christmas/January.
It seems that the people like this referendum but The SNB (Fed),
the economy and parties are against the Gold Initiative
(referendum). It's getting quite close but I suppose that the big
money is able to frighten the people enough.... I would not bet on
a "yes".....
Means even more money printing all over the world. Stocks market
will appreciate it. The worse the economy, the better for
stockholders. Suppose that will change at some point but probably
not this time of season...
... but not bad news for the markets. Less growth means
more printing. Bad day for average John, probably a good day for
the bankers with markets going up?
i don't know if it makes sense to draw such a channel which was
broken once in this log chart. But it seems to me the Q's are
getting tired. The channel was broken in feb but recovered quickly
to new highs. But the upper channel-line has not been reached. the
train is losing steam. I vote for a h&s. Would mean the top is
in with the last chance to sell in may. Maybe sort of a backtest
now? To the line or MA's or a little more upside to form a rounded
top?
Seems to me that thw Q's are a short between 89 and 90.50 $ with
target 84$ and more over time
Economy and copper are positively related. I believe it
used to be that stock market had something to to with economy
but those times are over or better
now there seems to be a negative ralation. A poor economy leads to
lower copper prices (at the moment china concerns?) but that leeds
to more QE and money printing which fuels the stock
market.
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Silver....... iit does not "feel"
Silver Stock setting up. Many silver stocks have similar chart ...
Posted by zwyss on 22nd of Jan 2018 at 08:25 am
Silver....... iit does not "feel" strong to me, but feelings are not the best advisor. In fact silver does look quite similar to 2002 before it started climbing... maybe this Dolly Parton stock has some energy left for the next couple of years.....
Short candidate: TSLA. MA's bearishly
Posted by zwyss on 5th of Jan 2018 at 11:20 am
Short candidate: TSLA. MA's bearishly alined
This sucker is overvalued anyway.......
VIX at 8.97. There has
Posted by zwyss on 4th of Jan 2018 at 07:31 am
VIX at 8.97. There has NEVER been a close below 9.
VIX not supporting Rally Longs should
Posted by zwyss on 30th of Nov 2017 at 11:29 am
VIX not supporting Rally
Longs should be careful....
Of course I sold yesterday.
KR and VIAB
Posted by zwyss on 30th of Nov 2017 at 10:03 am
Of course I sold yesterday. I was told that I should not hold into earnings
KR will announce earnings tomorrow
Long KR Updated View
Posted by zwyss on 29th of Nov 2017 at 10:44 am
KR will announce earnings tomorrow before open
What happened?
Posted by zwyss on 15th of Jan 2015 at 07:27 am
Swiss National Bank (SNB) decided to renounce the hard barrier on the Euro and Swiss Frank currency pair. So the Swiss Frank skyrocketed against all other curreny pairs, and stock markets took a dive.
Everything reversed a bit by now. Could be a non-event for you guys, but certailly not for the Swiss. Within minutes the SNB took a loss of over 100 Billions. With swiss stock markets down 10 % and foreign currencies down 15 %, the swiss people got fucked by their own central bank. In my opinion we are not the only ones but you just have not realised it yet ....
Maybe it is the start of something bigger but as I said before, the rest of the world can do business as usual.
And be prepared for swiss tourists out there.... it never has been cheaper to travel....
Yep
Usd been moving up.
Posted by zwyss on 2nd of Dec 2014 at 08:03 am
Als long as EUR/USD can't break the trendline, there will be no turn in Gold and stocks. To me it seems that at least another leg down to complete the wedge is missing. A turn in USD, GOLD and stocks could occur after Christmas/January.
Title: Gold-Initiative Switzerland.... It seems that
Posted by zwyss on 28th of Nov 2014 at 10:39 am
It seems that the people like this referendum but The SNB (Fed), the economy and parties are against the Gold Initiative (referendum). It's getting quite close but I suppose that the big money is able to frighten the people enough.... I would not bet on a "yes".....
Means even more money printing
Japan GDP Worse Than Expected, Enters Recession
Posted by zwyss on 17th of Nov 2014 at 08:43 am
Means even more money printing all over the world. Stocks market will appreciate it. The worse the economy, the better for stockholders. Suppose that will change at some point but probably not this time of season...
Deutsche Bank
Posted by zwyss on 6th of May 2014 at 01:59 pm
....strong is different.....
... but not bad news for
GDP
Posted by zwyss on 30th of Apr 2014 at 09:18 am
... but not bad news for the markets. Less growth means more printing. Bad day for average John, probably a good day for the bankers with markets going up?
D
Posted by zwyss on 29th of Apr 2014 at 12:56 pm
D has been on the watch list and broke out a couple of days ago. I'm probably not the only one who bought D.....
Still looks good to me but earnings will come out tomorrow!!!! Be aware!
QQQ
Nasdaq nearly down 100 points (momentum stocks crushed again and ...
Posted by zwyss on 4th of Apr 2014 at 01:07 pm
Time to show again my chart of the Q's.....
It's a bullish season and one would expect further gains til may, but this does not look good.....
QQQ
Posted by zwyss on 3rd of Apr 2014 at 11:29 am
At the moment still a backtest of trendline. In case the Q's are losing the ma's right below it could be bears time
maybe still too early for
NUGT up 2% pre-market // we bailed on that trade too early yesterday
Posted by zwyss on 3rd of Apr 2014 at 11:26 am
maybe still too early for miners.
Could be that they are bottoming here but it looks like a bear flag to me, like SLW on the chart. Suppose bullish in case 9 ma can be broken
Sell in May... QQQ
Posted by zwyss on 25th of Mar 2014 at 08:43 am
i don't know if it makes sense to draw such a channel which was broken once in this log chart. But it seems to me the Q's are getting tired. The channel was broken in feb but recovered quickly to new highs. But the upper channel-line has not been reached. the train is losing steam. I vote for a h&s. Would mean the top is in with the last chance to sell in may. Maybe sort of a backtest now? To the line or MA's or a little more upside to form a rounded top?
Seems to me that thw Q's are a short between 89 and 90.50 $ with target 84$ and more over time
Silver 15 min
Silver, silver stocks
Posted by zwyss on 19th of Mar 2014 at 12:53 pm
Just one step and still a lot of work to do for the bulls....
Economy and copper are positively related.
JJC (Copper)
Posted by zwyss on 12th of Mar 2014 at 08:16 am
Economy and copper are positively related. I believe it used to be that stock market had something to to with economy but those times are over or better now there seems to be a negative ralation. A poor economy leads to lower copper prices (at the moment china concerns?) but that leeds to more QE and money printing which fuels the stock market.
http://bullmarketthinking.com/wp-content/uploads/2013/03/dow-ratio-chart-21.jpg Can it be that the
Gold and Silver as safe havens during the Russian debacle have proved to be very weak defensive plays in my opinion. Still a seasonal bottom in later March would fit.
Posted by zwyss on 6th of Mar 2014 at 07:31 am
http://bullmarketthinking.com/wp-content/uploads/2013/03/dow-ratio-chart-21.jpg
Can it be that the US FED can influence gold and stock prices?
Who cares about a bottom now or end of month....