SiP Posted July 20, 2023 Report Share Posted July 20, 2023 zions bancorp (zion) was doing great today. Is KRE erf a good buy? are we out of the woods? Link to comment Share on other sites More sharing options...
SiP Posted July 20, 2023 Report Share Posted July 20, 2023 something for @fxfox https://www.reuters.com/markets/europe/struggling-german-property-firms-appeal-berlin-multi-billion-boost-2023-07-20/ let us know what they decided and when to but German RE developers and which one. Link to comment Share on other sites More sharing options...
SiP Posted July 20, 2023 Report Share Posted July 20, 2023 anyone buiyn soft / agri commodities like rice, wheat etc? food inflation is comings again I think look at DBA etf Link to comment Share on other sites More sharing options...
WTF Posted July 20, 2023 Report Share Posted July 20, 2023 AI planting vast crops of wheat in server farms as we speak... AI solves all... must buy NVDA!!! Link to comment Share on other sites More sharing options...
The CoinGuy Posted July 21, 2023 Report Share Posted July 21, 2023 . Link to comment Share on other sites More sharing options...
SiP Posted July 21, 2023 Report Share Posted July 21, 2023 I never found patters from the past to be working. Maybe since 2009 it will be the first time. I hope so. Ive seen millions charts which were mostly comparing some period to 1929, 1987 etc and cradh was just waiting to happen. I learnt since 2005 (thats my year of entering the markets) of rather looking 1. at typical statistics, including moving avg, RSI, macd, sts, trix and several others 2. dont beliving in just one indicator especially RSi (you could see overbought and Dover Sole for quite some time) 3. at puts/calls ratio Since 2005 i dont think that typical charts about positioning (you know, the one about large spec, spec and commercial) works either. Markets created so many instrument to speculate that i dont think that you could know easily what is the current positioning Trend is your friend until it bends. Thats the most important lesson. keep it simple. Link to comment Share on other sites More sharing options...
aussiebear Posted July 21, 2023 Report Share Posted July 21, 2023 22 minutes ago, SiP said: Trend is your friend until it bends. Thats the most important lesson. keep it simple. Absolutely. I only use one indicator now with a sprinkling of others for background information. Link to comment Share on other sites More sharing options...
SiP Posted July 21, 2023 Report Share Posted July 21, 2023 The number of claims for unemployment benefits surprised lower at 228 000. Looking at the unseasoned data, it seems that nothing much is happening for the time being. However, there is a periodic drop in claims ahead. The bottom at the labour market is around week 37 - so beginning of September. Only then we would see more initial jobless claims. Link to comment Share on other sites More sharing options...
SiP Posted July 21, 2023 Report Share Posted July 21, 2023 here is last "pattern" which doenst work Link to comment Share on other sites More sharing options...
SiP Posted July 21, 2023 Report Share Posted July 21, 2023 And now Bulls are promoting this one - that this is 2003, and off we go to Dec 2023 pick you pill. Link to comment Share on other sites More sharing options...
SiP Posted July 21, 2023 Report Share Posted July 21, 2023 nasdaq is in simple channel, just hit the upper band. keep it simple Link to comment Share on other sites More sharing options...
SiP Posted July 21, 2023 Report Share Posted July 21, 2023 In the beg of Sept nasdaq100 could complete perfect V which is 1:1 and reaching previous Top Link to comment Share on other sites More sharing options...
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