Offshore
Photo
The Long Investor
Now is not the time to take on risk.
The pull back from August to October ‘23 was an aggressive Wave 4 pull back
We then got the most typical Wave 5 you could see, it was fast and sharp because Wave 4 was so aggressive.
When Wave 5’s complete, the pull back is much stronger than just a Wave 4, it is an ABC correction.
Meaning, you don’t just buy every dip
Buying all the dips from here means catching the bloodiest knife.
Instead, you wait for support to be found and support is ALWAYS found on Fibonacci levels or moving averages, you do not need anything else to confirm a support level.
ABC corrections will test everyone, they behave in such a way that many will give up and panic sell….it would not be an ABC correction unless people panic sell.
So this is guaranteed to happen
You are either get out early or ride the storm until the correction is complete.
Smart money sells as Wave 5 completes.
ABC corrections are difficult even for professionals, so if you have only been investing for 1-2 years, you will not be as prepared as you think you are.
Red portfolios will teach you a lot about yourself
Start preparing, don’t take on risk, safe havens should be bought now and protecting your capital should be your main priority.
$SPY $QQQ
tweet
Now is not the time to take on risk.
The pull back from August to October ‘23 was an aggressive Wave 4 pull back
We then got the most typical Wave 5 you could see, it was fast and sharp because Wave 4 was so aggressive.
When Wave 5’s complete, the pull back is much stronger than just a Wave 4, it is an ABC correction.
Meaning, you don’t just buy every dip
Buying all the dips from here means catching the bloodiest knife.
Instead, you wait for support to be found and support is ALWAYS found on Fibonacci levels or moving averages, you do not need anything else to confirm a support level.
ABC corrections will test everyone, they behave in such a way that many will give up and panic sell….it would not be an ABC correction unless people panic sell.
So this is guaranteed to happen
You are either get out early or ride the storm until the correction is complete.
Smart money sells as Wave 5 completes.
ABC corrections are difficult even for professionals, so if you have only been investing for 1-2 years, you will not be as prepared as you think you are.
Red portfolios will teach you a lot about yourself
Start preparing, don’t take on risk, safe havens should be bought now and protecting your capital should be your main priority.
$SPY $QQQ
tweet
Offshore
Photo
Brandon Beylo
I was told there was no inflation and we had everything under control.
• Lower Grades
• Higher energy costs
• Lack of talented labor
• Increased regulation
It’s all inflationary.
tweet
I was told there was no inflation and we had everything under control.
• Lower Grades
• Higher energy costs
• Lack of talented labor
• Increased regulation
It’s all inflationary.
Ouch! The cost to find 1t of #copper has increased more than 1000pc since 2005, fromUS$10 to $120 says Juan Guzman of GEM @MiningOnline https://t.co/n5hWUpLkoq tweet
Offshore
Photo
AkhenOsiris
Defense stonks and digital defense stonks (cybersecurity)...the latter been weak since last earnings season
tweet
Defense stonks and digital defense stonks (cybersecurity)...the latter been weak since last earnings season
Netanyahu has asked the Israel Defense Forces to provide target options. Those options include a potential strike on a facility in Tehran or a cyberattack, according to an official familiar with high-level discussions - Washington Post
washingtonpost.com/world/202… - Faytuks News Δtweet
AkhenOsiris
Massaging and stretching the truth, also known as lying:
Electrek:
Effectively, Tesla is not working on this NV9 project anymore, and it is focusing on Robotaxi instead. That’s the truth, which you wouldn’t know if you just read Elon’s denial of the report and moved on. That seems to be Elon’s goal lately, with his constant attacks on the media.
They don’t get everything right, which is impossible to do, so you focus on what they get wrong to bury what they got right but you don’t want people to know.
tweet
Massaging and stretching the truth, also known as lying:
Electrek:
Effectively, Tesla is not working on this NV9 project anymore, and it is focusing on Robotaxi instead. That’s the truth, which you wouldn’t know if you just read Elon’s denial of the report and moved on. That seems to be Elon’s goal lately, with his constant attacks on the media.
They don’t get everything right, which is impossible to do, so you focus on what they get wrong to bury what they got right but you don’t want people to know.
tweet
AkhenOsiris
$TSLA
Grok is causing job losses 😂
TechCrunch:
Many of the laid-off employees were high performers, according to two sources who spoke to TechCrunch on condition of anonymity. One source expressed shock at the number of talented employees cut and noted that many of those affected were working on projects that have fallen lower on Tesla’s priority list. The source declined to specify which projects.
tweet
$TSLA
Grok is causing job losses 😂
TechCrunch:
Many of the laid-off employees were high performers, according to two sources who spoke to TechCrunch on condition of anonymity. One source expressed shock at the number of talented employees cut and noted that many of those affected were working on projects that have fallen lower on Tesla’s priority list. The source declined to specify which projects.
tweet
Offshore
Photo
Hidden Value Gems
$SEED.L announced a special dividend of 1p, which is almost 50% yield.
It’s a UK micro cap with £4.3m mkt cap and over £6m net cash. Met the company in January.
Briefly discussed it with my premium subscribers. https://t.co/vCt7gXX9hr
tweet
$SEED.L announced a special dividend of 1p, which is almost 50% yield.
It’s a UK micro cap with £4.3m mkt cap and over £6m net cash. Met the company in January.
Briefly discussed it with my premium subscribers. https://t.co/vCt7gXX9hr
tweet
Offshore
Photo
Hidden Value Gems
As crazy as it sounds but apparently Costco sells half the amount of gold that China’s Central bank buys every month.
via @TheEconomist
#GOLD https://t.co/wrZrts4xKY
tweet
As crazy as it sounds but apparently Costco sells half the amount of gold that China’s Central bank buys every month.
via @TheEconomist
#GOLD https://t.co/wrZrts4xKY
tweet
The Long Investor
RT @StockMKTNewz: China’s 🇨🇳 economy grew 5.3% (GDP YoY) in Q1 above expectations of 4.6%
tweet
RT @StockMKTNewz: China’s 🇨🇳 economy grew 5.3% (GDP YoY) in Q1 above expectations of 4.6%
tweet
Offshore
Photo
The Long Investor
Chinas Q1 GDP exceeded estimates at 5.3%...expected GDP was 4.6% YoY.
From the graph below, we can clearly see that GDP had an issue in 2022 (post Covid) since then the recovery is almost back to its Pre Covid level.
If you were to only listen to X, you would believe that China has gone back to the stone age.
In comparison, the US GDP in 2023 was 2.5% YoY....China's growth is DOUBLE that of the US.
Keep to the facts, not opinions.
tweet
Chinas Q1 GDP exceeded estimates at 5.3%...expected GDP was 4.6% YoY.
From the graph below, we can clearly see that GDP had an issue in 2022 (post Covid) since then the recovery is almost back to its Pre Covid level.
If you were to only listen to X, you would believe that China has gone back to the stone age.
In comparison, the US GDP in 2023 was 2.5% YoY....China's growth is DOUBLE that of the US.
Keep to the facts, not opinions.
tweet
Offshore
Photo
The Long Investor
US 10 YR is moving parabolically since CPI came in HOT.
Fed offering no clarity on when they will cut now is not helping.
This is not a healthy set up and the finance sector will take the brunt of this https://t.co/292UeyHhnm
tweet
US 10 YR is moving parabolically since CPI came in HOT.
Fed offering no clarity on when they will cut now is not helping.
This is not a healthy set up and the finance sector will take the brunt of this https://t.co/292UeyHhnm
tweet