Bloody hell:
The Buffett Indicator (US Total Market Cap / GDP) hits ~220%, meaning the stock market is valued at more than 2.17x the size of the US economy.
That’s way higher than the Dot Com bubble peak.
Buffett once warned: “If the ratio approaches 200%, as it did in 1999,…
The market simply just wants FOMC to be over, I don’t think there’s much to it past that.
25 BPS & extremely dovish OR 50 bps rip the bandaid off & open the flood gates.
I think either causes crypto & small caps to explode higher in the coming days/weeks.
$SPY Forecast for Next 6 Weeks Posted. Downturn is Here! I guarantee one thing: higher $VIX !
1. I have a verdict on the Coiling triangles on the indices. They will break down, not up, in the coming days. This is after my analysis work for many hours today on $VIX, declining…
$JPM Check To Confirm Resistance.
1. If banks are doing well, the market is doing well.
2. Like clockwork, JPM is scheduled to reach its upper resistance on 09/17. See picture. See dashed line meeting resistance precisely on Wednesday!
Mrs. Market made the bed really well for…
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Video Below
NVDA's Long Legged Doji Reversal Candle is Confirmed
NASDAQ 100 Gets a Reversal at the 78.6% Fibonacci
S&P 500 Gets a Failed Breakout
NVDA & Stock Market Video Here
youtube.com/watch?v=pQYkQN…
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#Nvidia $NVDA $SPX $SPY #SP500#elliottwave $ES_F $QQQ $NDX #NASDAQ100…
DID POWELL JUST CAVE TO TRUMP?
Powell Sending Mixed Messages
Powell Says “Balance of Risks” have Started to Shift "May Warrant’ Rate Cuts
Rock Star Powell Maybe Giving False Hopes of a Cut If Inflation Continues to Rise
Stock Market Video Here
youtube.com/watch?v=oknZ-2…
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#DOW…
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S&P 500 Intraday Charts
August Pullback Still Likely
I'm watching the intraday charts. Divergences have formed. However, in these short term timeframes that could mean just a short term small pullback or it could begin a larger reversal. So far, the S&P 500's July 31st high…
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