Comeback Trader

Professional trader/Former stock analyst/well-disciplined&know how to do accurate money management/Writer/

[Fundstrat Direct @FundstratDirect]

Tom Lee's full report and video: https://t.co/lDn9bn6vKo|

[Alex Jones @RealAlexJones]

Trump Explains The Problem With Subsidizing The Country of Canada

Should We Make Canada The 51st State?

Please Watch And Share Our LiveStream:
https://t.co/2jcVYLsnzw

[Barchart @Barchart]

U.S. Dollar is now the most overvalued in history according to Bank of America 🚨

[Charlie Bilello @charliebilello]

The US Bond Market has now been in a drawdown for 53 months, by far the longest in history.

https://t.co/l5IYmkf6Ih

[Peter Schiff @PeterSchiff]

The S&P 500 closed 2024 with its best two-year gain since the dot-com bubble years of 1997 and 1998. Yet it ended the year with four consecutive daily losses, a year-end losing streak that hasn't happened since 1966, the year stocks peaked before entering a 16-year bear market.

[FXHedge @Fxhedgers]

CREDIT CARD DEFAULTS SPIKE TO HIGHEST LEVEL SINCE AFTERMATH OF 2008 FINANCIAL CRISIS (Breitbart)

American credit card defaults have risen to the highest levels since the aftermath of the 2008 financial crisis as consumers grapple with years of high inflation.

Full article:
https://t.co/OUedZCWXZm

[Oliver | MMMT Wealth (CPA) @MMMTwealth]

Grantham's famous saying is:

"The bigger the new idea, the bigger the new invention, the more the market becomes overpriced, the more it attracts euphoric."

He used $AMZN as an example back in 1999.

It went up multiple times only to fall 92%.

[Oliver | MMMT Wealth (CPA) @MMMTwealth]

This man knows the market:

He has predicted:
1. The Dot-Com Bubble (2000)
2. The Global Financial Crisis (2008)
3. Japan's Asset Bubble (1989)
4. The COVID Bubble (2021-2022)

Here is Jeremy Grantham's latest warning 🧵

[Comeback Trader @Anthony77Short]

US equity markets have had one of the biggest rallies so far. I was frustrated for a few days because i longed a bit early and pondered a lot to back up the money or stop out. I stopped out and two days later, unbelievable rally took off...hard luck. So i will be off this week.

[Comeback Trader @Anthony77Short]

$USDJPY dropped below 150 after hitting near double top. Personally, this pair is the most expensive currency at the moment. We had enough about fundamental reason& interest rates differential fact. IMO, Taking these account, it's expensive.Tweaking YCC earlier, it will collapse.

[Comeback Trader @Anthony77Short]

10% correction stage in #Nasdaq. Bulls have been suffered from being long early including myself. However, seasonality comes around. And Fed meeting and month end work this week. I still think the markets turn around after Fed meeting. Shorting here could be a risky job.

[Jennifer Ablan @jennablan]

Bill Ackman makes $200mn from bet against US Treasuries https://t.co/lKQRCBWpqj via @ft

[Comeback Trader @Anthony77Short]

The irony is that US GDP is projected 4.7 annualised gains. With this magnitude GDP growth, stock markets sink in Sept and Oct so far. Both good news and bad news causes sell-off. This is a bear market by definition. I am just wondering how FX and equity markets react after GDP.

[Comeback Trader @Anthony77Short]

I thought US markets and Non-US dollars would bounce hard in Oct after 5% correction of Sep. My guess was completely wrong. Mr stock markets have encountered disastrous Oct so far. Earning cant save the markets. Then only the Fed can but Powell is pre-occupied with inflation.

[CNBC @CNBC]

A CEO shares the 5 toxic personality types he sees 'over and over' again—'I stay far away' https://t.co/RxdtBRhYfX

[The Wallstreet Report @Specialist_79]

Rich traders and institutions don't care about #BOJ intervention at all. Even if they face 300 pips instant drop,they buy back again because they are sitting on hefty profits by a large long position. A few days later, #USDJPY traded a lot higher than before. Only retail stop out

[Comeback Trader @Anthony77Short]

#Amazon earning is so dangerous to Nasdaq. Already depressed markets sentiment can punish even in line result. If anything like lower guidance or miss, Nasdaq will be hammered. Nervousness spread all over.

[LiveSquawk @LiveSquawk]

Major Earnings Releases Thursday 26th October

$UPS $HON $BSX $VLO $LUV $BMY $NOC $CMCSA $NEM $MA $PCG $AMZN $INTC $F $COF

[zerohedge @zerohedge]

*US STOCK FUTURES EXTEND DECLINES; S&P 500 FUTURES DOWN 0.7%