FED testimony was yesterday. All these are pre-determined move, by all banks/hftā¦etc. How I am able to find the fall by Aug 28th itselfā¦?
Everything, in my opinion, is pre-decided moveā¦
Bank bring up the market when things are falling apart (creating FOMO)
Bank bring down the market when things are recovering and unlimited money is printed (scare investors)
Ultimately, retail investor money goes to banks/HFTs/Market makersā¦
Now, market directions I am unable to find using algorithmā¦it seems beyond its power !
Pre-public move because those guys know what Fed is going to say
Work until it didnāt Market always change the code once you think you have figure out the key. You need to modify your programming to include ML that can figure out the change of key dynamically Ask your sons for help.
Anyhoo, I am now less than 50% cash. Waiting for opportunity (bottom ) Btw, my semi portfolio is doing very well though - break new ATH after ATH. Ytd is much less than you ofc because have been sleeping for 2 months watching TV serials. But better than S&P and NASDAQ - Indices are not that hard to beat.
Banks/Market makers knew ahead they are bringing the market way ahead from down 30% only to create FOMO, then find a nice opportunity to bring down when everyone is comfort!
This one, people Ray Dalio or WB, knows very well, keeping cash aside to get it at bottom.
Regarding algorithm, I have to work, but this is going beyond its level. May be higher mathematics multi-dimension required. At least, I am happy to know the fallā¦
I may not be able to find real bottom (may be after the fact)ā¦like Jim Cramerā¦hi hi hiā¦
If you are talking at high level, I have said in this blog (canāt remember where) that there might be a re-test of Mar low but not break lower than that, and I donāt know how low. High level assessment is easy to make using EWT. The impulse from Mar low is a wave 1 (Primary degree) that would be followed by a wave 2 retracing from 23.6% to 99% (i.e. re-test Mar low). I have yet to figure out how to determine which fib number is the correct one
Refer to the updated QQQ chart with fib numbers. Currently QQQ is trading below 23.6%. Next fib number is at $251.27 (approx).
i know Apple. i made general statement about tech stocks. such is scale of alternative to US tech being developed around world. and not just current generation tech but the next.
Oil is more like commodity sold anywhere and buyers dont care about origin.
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Do you know post-war, the engine that led to USA being the superpower with the strongest military and outstandingly good life is agriculture? There is so much agriculture that everybody is obese well-fed and have excess to export, making so much $$$ to pour into Hollywood then auto then Tech.
It was well diversified economy of 120 million people with world class infrastructure and climate relative to rest of the world. so much easier to create surpluses and attract the best.
I am comparing Energy vs Tech from cash flow vs valuation perspective. Energy industry will consolidate, will have positive cash flows. much better valuation to enter.
while Tech is all about Fed. and even with Fed it will still go into secular decline that will further accelerate with time as rest of world start replacement cycle.
It is not dream, but it is definitely possible, beating the market is easy with QQQ/VOO , but hard with TQQQ/UPRO. I have identified all peaks every time when market up, but bottom is too hard to find.
I have clearly shown when the market is heated up, saved lot of money. Even if I dip today, I beat the market.
Doubt many will agree with you. Tech is the future. Oil is the past. Oil is no longer the abundant cheap energy source. The next one is⦠actually we already have it long ago, called Nuclear⦠but some1 prefer solar and wind.
Nah. Maybe that peak we saw was the real peak for this cycle? Some previous high flyers have been breaking down lately. Anyway wonāt buy anything until I see some panics setting in.