The Long Investor
$SPY You see the 50 Day MA rejected
What we see:
- Wave 5 completed at the target level
- Wave 5 entered a tight ascending triangle, typical of Wave 5
- Market rallied 26% in 5 months in Wave 5
- Market bounced in 3 waves to the 50 Day MA, also signs of a lower low next.
- RSI and MACD on the weekly now descending after a 2 year high
- S&P PE was at an average of 29 at its height of Wave 5, double the historical average.
- HOT CPI - not expected
- US 10 Yr extending to 5%
- GOLD making ATH’s
- Yen collapsing
- Bonds collapsing
You see a rejection a the 50 Day MA, we see the big picture.
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$SPY You see the 50 Day MA rejected
What we see:
- Wave 5 completed at the target level
- Wave 5 entered a tight ascending triangle, typical of Wave 5
- Market rallied 26% in 5 months in Wave 5
- Market bounced in 3 waves to the 50 Day MA, also signs of a lower low next.
- RSI and MACD on the weekly now descending after a 2 year high
- S&P PE was at an average of 29 at its height of Wave 5, double the historical average.
- HOT CPI - not expected
- US 10 Yr extending to 5%
- GOLD making ATH’s
- Yen collapsing
- Bonds collapsing
You see a rejection a the 50 Day MA, we see the big picture.
tweet
The Long Investor
RT @TheLongInvest: If you had to choose one of these beaten down stocks to buy, which one would you go for?
$SOFI
$INTC
$BABA
$NKE
$PFE
$DNA
$SNAP
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RT @TheLongInvest: If you had to choose one of these beaten down stocks to buy, which one would you go for?
$SOFI
$INTC
$BABA
$NKE
$PFE
$DNA
$SNAP
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Brandon Beylo
RT @marketplunger1: Here's a simple strategy in a world where nobody cares to re-rate your cheap stocks, and they stay cheap forever.
1) Find companies that nobody cares about that are trading at ridiculously low valuations.
2) Ensure that those companies will keep earning profits at some sustainable level.
3) Buy the ones explicitly saying,"“we will return most of our earnings to shareholders through dividends, buybacks, or both"”
It is painfully simple but significantly narrows the investable universe of "cheap" stocks.
Also reveals how important capital allocation is even amidst the cheapest stocks.
tweet
RT @marketplunger1: Here's a simple strategy in a world where nobody cares to re-rate your cheap stocks, and they stay cheap forever.
1) Find companies that nobody cares about that are trading at ridiculously low valuations.
2) Ensure that those companies will keep earning profits at some sustainable level.
3) Buy the ones explicitly saying,"“we will return most of our earnings to shareholders through dividends, buybacks, or both"”
It is painfully simple but significantly narrows the investable universe of "cheap" stocks.
Also reveals how important capital allocation is even amidst the cheapest stocks.
tweet
Offshore
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Brandon Beylo
“This pullback in metals prices is good and healthy.
We needed a shakeout of positioning for the next move higher.
I welcome the volatility.” https://t.co/6vdnjt4rqV
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“This pullback in metals prices is good and healthy.
We needed a shakeout of positioning for the next move higher.
I welcome the volatility.” https://t.co/6vdnjt4rqV
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Offshore
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Q-Cap
This is the « Beat + Raise » are not good enough anymore part of the cycle.
Rate expectations are driving the bus.
And my guess is the first central bank to cut will be Canada.
Trudeau’s approval numbers are horrendous (70% disapproval rating according to Angus Reid). He needs to change that narrative and he’s already publicly said he’d like rate cuts very soon (Of course he does that little prick).
Currently , mkts are pricing in a 65% chance of a -25bps rate cut in Canada at the June meeting vs an 8% chance for the FED cutting rates are the June meeting.
If this actually comes to fruition , there will be a meaningful narrative change in all markets.
tweet
This is the « Beat + Raise » are not good enough anymore part of the cycle.
Rate expectations are driving the bus.
And my guess is the first central bank to cut will be Canada.
Trudeau’s approval numbers are horrendous (70% disapproval rating according to Angus Reid). He needs to change that narrative and he’s already publicly said he’d like rate cuts very soon (Of course he does that little prick).
Currently , mkts are pricing in a 65% chance of a -25bps rate cut in Canada at the June meeting vs an 8% chance for the FED cutting rates are the June meeting.
If this actually comes to fruition , there will be a meaningful narrative change in all markets.
tweet
Offshore
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Clark Square Capital
RT @AReviewOrTwo1: This is a very good list on the characteristics of an outstanding analysts / PMs: https://t.co/gTpt8zFXGr
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RT @AReviewOrTwo1: This is a very good list on the characteristics of an outstanding analysts / PMs: https://t.co/gTpt8zFXGr
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Offshore
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Brandon Beylo
Somehow I feel like $U.UN will close lower tomorrow despite this news.
And yes, we are long.
#uranium
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Somehow I feel like $U.UN will close lower tomorrow despite this news.
And yes, we are long.
#uranium
“Wyoming has the uranium to replace Russian imports, and we’re ready to use it.” -ranking member @SenJohnBarrasso https://t.co/FLEGZXYQLW tweet
Offshore
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Clark Square Capital
Greenlight Q1 24 Investor Letter:
https://t.co/x7lGgBatbB https://t.co/smReIlVTJc
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Greenlight Q1 24 Investor Letter:
https://t.co/x7lGgBatbB https://t.co/smReIlVTJc
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Offshore
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