The Clarity Act being postponed is a BULLISH signal.
Everyone thought that the market was going to get REKT after the news broke.
It didn't. It's ACTUALLY holding up.
And that's the tell.
Armstrong said that no bill is better than a bad bill, and he just saved the entire market from getting screwed.
India needs a lot of electricity. We have power outage every day in Bangalore, the alleged Silicon Valley of India.
Nuclear reactors (power plants) are urgently needed.
Hurry up, Russia! 😆
$QQQ – If the Nasdaq is going to remain constructive for the bulls in the range, I would think it should hold the 518 level to start setting a higher low. Generally in the box, there shouldn't be a huge directional bias. Looking for a range double when and IF we get out.
Strongly recommend. Harmonics is real. Literally 10x'd my trading profits. This is insanely cheap for the amount of alpha it delivers. I've been meaning to say thank you for years now. There, I've said it.
Copper Could Brace for a US Election Lose-Lose - #Futures speculators pushed #copper to a new high in 1H, but the metal's inability to stay above $10,000 a ton may spark some impatience and liquidation. My graphic shows another copper threshold that could portend solidifying price resistance - when futures spec net longs reach about 30% of LME and CME open interest.
The full report is on the Bloomberg terminal here: https://t.co/i8u6IULrr4 {BI COMD}
#commodities #metals #macroeconomics @BBGIntelligence
Bullish Percent Index is showing the first signs of a turn around in favour of the bears!
When the $BPSPX goes below 70 after cycling above 80 we tend to see a decent pullback, sometimes upwards of 10% but generally around 3-7%!
Interesting times ahead of the US Election 🤔🤔
$SPY, $QQQ, $IWM, $GOLD
Kamala: "The United States is a sovereign nation and I believe we have a duty to set rules at our border and enforce them. And I take that responsibility very seriously."
After 4 years of allowing open borders, how can she say this with a straight face?
Buffett has reduced positions in financials during periods of economic uncertainty, such as in 2020 when he trimmed holdings in JPMorgan and Goldman Sachs amid concerns over interest rate volatility.
Borrello said during his time there, other prisoners saw the former crypto mogul as timid, having “the body of the 80-year-old,” and was presumed to have access to money.
'What's the most important price in the global economy? The price of a barrel of crude? A microchip? Or maybe a Big Mac? More important than any of these is the price of money. For more than three decades, it was falling. Now it’s going up.' https://t.co/bWtNveLaY9