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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
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N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
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* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

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Monday, June 27, 2022

The Pelosi Push

How uncouth! 

It's clear that Democrat House Speaker Nancy Pelosi deliberately shoved this little girl away from her...and she claims (with a straight face) that she's a Christian! 😕

P.S. Despite the subsequent response/explanation issued by Pelosi's office, she could plainly see that the girl was not hidden behind her before she elbowed her...therefore, no need for the shove.


Imagine if Donald Trump had shoved a Democrat's child during a photo-op when he was President! He probably would have been charged with assault....after being impeached! 

Even though he's been out of office for the past year and a half, Democrats are still searching for some crime they think he committed (in order to have him indicted) by plastering a former White House personnel's shady hearsay testimony on TV, which is already being contradicted by the Secret Service, as noted in the following report. Have they no shame or integrity?

* UPDATE July 16...

Wait...there's more...more Pelosi "privilege" revealed...


* UPDATE July 28...

Not everyone thinks Nancy and Mr. Pelosi's trades are above board...I wonder what Martha Stewart thinks? 🤔

* UPDATE Aug. 14...

OK, so what's Taiwan going to do about this, if anything???


Wednesday, June 15, 2022

BITCOIN: The "Emperor-Wears-No-Clothes" Klepto-Currency Crapshoot Has Finally Been Exposed

* See UPDATE below...

I've been calling for 20,000 on BITCOIN (BTC/USD) since my post of May 20, 2021. It hit a low of 20,089, so far, today.

The BEARS are still firmly in control.

Major support lies much lower at 10,000...an inviting downside target...followed by ZERO.

* UPDATED June 19...

Investing.com is also expecting BITCOIN to "plummet below 10,000," as noted in today's article.

It hit a low of 17,611 yesterday.

* UPDATE July 20...

Another "klepto-currency" aptly self-described "lunatic" bites the dust...one of many, so far...with, possibly more to come...

"Save me from myself!" seems to be the humiliating intimation from this guy...😏

Remember the old adage...Buyer beware!

ZeroHedge excerpt

* UPDATE July 23...

More klepto-currency wealth destruction hits retail chumps investors...

* UPDATE July 25...

More troubles ahead for cryptos...

Meanwhile COIN's fall from grace has been spectacular...in just a little over one year from its IPO...


Cathie Who?

It's a mystery why anyone would take seriously what Ark Invest CEO/CIO Cathie Wood has been, and still is, forecasting for markets, as she's been wrong for months, while her own ARK Innovation ETF (ARKK) has lost 76.25% of its value from its high of 159.70 in February 2021 to close at 36.99 on Tuesday, as shown on the following monthly chart and graphs. The bears are still firmly in control of this ETF.

We'll see if it hits its IPO price of 20.42, or lower. If it holds below 40.00, we may see that level reached...possibly sooner rather than later.


StockCharts.com

StockCharts.com