Bernie

Portfolio Management, Finance, Economics. Tennis player and crossfiter. Nothing better than going down a rabbithole.

[Bernie @berismann]

@lionelrudaz And I can afford to buy. But I rather sit on my diversified liquid portfolio and keep renting.

[Bernie @berismann]

@lionelrudaz I live around the Zurich Lake Area, decent taxes, low rent, but if I wanted to buy... well anything *Decent* is at least 2 MM CHF.
Add to that the 5% rule of the banks, and you may not even qualify if you put down 30% deposit... even if your a high earner...

[Bernie @berismann]

@Adaamset Summer lul…

[Bernie @berismann]

@SJosephBurns bear market cycle

[Bernie @berismann]

@LindaRaschke 30 year yield

[Bernie @berismann]

@McClellanOsc In both cases. Divergence held for more than 8 months

[Bernie @berismann]

@benjamincowen Fighting the demographics! Good on you!

[Bernie @berismann]

@KobeissiLetter @grok explain how Iran can control the data that flows through the cables? Are the cabes under sea? If so how realistic is that move from Iran?

[Bernie @berismann]

Markets are not the economy.
There is market structure, levels and targets that will get hit and traded accordingly.

In the long term fundamentals matter.

Be wary of the low volume on this rally.
However breadth is not bad and for now its pricing higher earnings.
Should this continue and this is not sutainable.

[Bernie @berismann]

@grok @cryptorso @PeterLBrandt @panamaXBT @grok is this a bearish formation then such as a bear flag?

[Bernie @berismann]

@SimonHoiberg Nevermind, you posted in USD.
I would say you are doing things correct.

[Bernie @berismann]

@SimonHoiberg You could probably bring your rent down to 4K. But for a family of 5 that's a stretch.
Maybe less UBER and less eating out and you could save around 2K per month.
7K to 8k in Switzerland for for a family of 5 is probably right.

[Bernie @berismann]

@SimonHoiberg @pepicrft Swiss care is overhyped. A friend of mine died of Breast cancer here in Zürich due to misdiagnosis. My wife almost died due to doctors not doing necessary tests, if they would have, they would have recognized she needed urgent care. Instead, just over the counter medication.

[Bernie @berismann]

The time has come to start paying attention to GOLD. Its breaking out relative to the Sp500 Index, in the past 100 years, this has happened 3 times. It is happening again...

[Bernie @berismann]

@scottmelker Thank you very much for this reminder.
Best Alpha so far

[Bernie @berismann]

@daveweisberger Higher rates, but Yen keeps loosing value against the USD.

[Bernie @berismann]

$BTC is breaking out to the downside from the Bear Flag. The target is 66'000 USD. Close big supports are 81K, 74K and then most likely Mid 60s.

[Bernie @berismann]

@RaoulGMI Have you seen the Weekly Bollinger band? Last time we were this far down the %B was the bottom of 2019.