The following video provides technical analysis of the US stock market, Treasury Bonds, $VIX volatility index, Gold, & Commodities. Silver or Gold level access initially required.
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Stock Market, Treasuries, Gold & Commodities 1-6-21
2021-01-06T13:28:17-05:00Jan 6, 2021 1:25pm|Categories: Equity Market Analysis, Fixed Income (Bonds), Forex (Currencies), Gold & Commodities, Subscriber-only Content, Unofficial Trade Ideas|Tags: $CPC, $CPCE, $EUR/USD, $EURO, $GOLD, $NDX, $SOYBEANS, $SPX, $TNX, $TYX, $VIX, $WHEAT, /E7, /GC, /NQ, /ZB, /ZN, AAPL, AMZN, CORN, FB, FXE, GLD, GOOG, IEF, MSFT, QQQ, SOYB, SPY, TLT, UUP, WEAT|15 Comments
These “markets” are completely broken by Fed welfare. Absolutely no reason an INDEX fund like IWM should be going straight vertical like a penny stock.
Never fight the Fed! The trend is my friend! Stimulate a balloon with helium then it has nowhere to go but up! … all green arrows point up from here, clearly! I have finally figured out any sudden downdraft is too risky to chase! Those little shiny objects called whipsaws I shall chase no more!
@Rsotc i am wary of this bond move. clearly related to FOMC minutes talking about tapering purchases… do u think that can reverse that quickly, that would be one helluva whipsaw..
Today’s breakdown in Treasuries can certainly be reversed as with any breakout or breakdown. As of now, the breakout is both impulsive & solid, i.e.- T-bond futures are solidly below those triangle patterns. Should SPY & QQQ take out Monday’s lows, we’ll probably get a backtest of the triangle patterns on /ZN & /ZB, at minimum. Should SPY & QQQ rally well above the previous highs, then we’ll likely see more downside in Treasuries. Keep in mind the GA runoffs could have an impact on where Treasuries are headed as a Dem sweep to control the Senate would pretty much… Read more »
yes, and if they let the dollar go, that does not bode well for bonds. and the ‘nowhere else to put your money’ effect can really propel the market for some time, just my concern in that bond arena.
so when do you think your so-called bear market rally will end
@rsotc: Can you please do analysis of NFLX. On Weekly and Daily looks like its completing Tirangle / ABC waves. Can you give us targets for both bear and bull cases pls.
how to play civil unrest? Market has kind of shrugged so far
I am short XLF and IWM, and XLF filled gap from covid collapse today, lets see if she pulls back,
Im down about 22% on FAZ at the moment…@rsotc
TLT also lines up with horizontal support https://www.tradingview.com/x/J4uDur8U/
@rstoc
With the dems having control of the senate do you have any thoughts on marijuana companies? Can’t see them not legalizing during this administration.
Randy, do you think MJ is also a break out from the bottoming pattern as well? The chart looks somewhat similar to other agricultural commodities.
@rsotc I wish I hadnt bought the annual subscription for this service. This is probably the only trading group thats been trying to short this market since March 2020. I am happy I stopped listening to @rsotc around May 2020. I lost a lot of money following Randy in April and May. He makes everyone believes that the market is going to collapse overnight and pretty much lost out of a huge gains.. You cant just be focusing on shorting the market every single time. Every single time I listen to Randy im just dismayed at the terms he uses… Read more »
You mean you missed the IWM melt up this week? Smart Money had it pegged to do what it did! College educations were paid off on the one options trade all across the country!
I guess though the legal terms of service say no refunds whatsoever, @rsOtc could consider refunds for disgruntled yearly subscribers for who the service did not work out. Perhaps after a 25-33% haircut off the remaining subscription price…