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Continue reading →: WTI crude oil to $59 and possibly to $68?
My holidays are over and it was nice to see that things that I’ve been writing about are mainly playing out as expected. One of them is also oil. To me it seems it can go a lot higher! There are so many bears because of an over rated shale…
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Continue reading →: Can technicals get any better than this?
I am enjoying my time on holidays now and I wasn’t planning to post much in the next two weeks. But the trading idea I will present in this post very briefly is one of the things that just can’t go unnoticed. Currency pair CADCHF is one of the products…
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Continue reading →: Do yourself a favor and do not fight it!
We are in a strong equity bull market and the stronger the market gets, the more angry the bears become. I can’t tell you how many times I’ve seen Demark sequential indicator posted by the bears who tried calling the top over the last year or two. It’s just silly. Every…
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Continue reading →: Do you like cocoa? I do. A lot!
Not sure if you are aware of butter products’ shortages in Europe lately, but because of very high demand and reduced supply prices are surging. It feels that financial experts are too busy calling a top in stocks and are missing, in my mind, one of the biggest macro stories…
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Continue reading →: Dollar to catch a bid?
Is the dollar about to turn just when everyone got excited with their shorts? We’ve seen an amazing selloff in the last couple of months, and while I still believe we are in the beginning of a major bear market [please see more here], I would not be surprised if…
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Continue reading →: Gold in danger of a long liquidation!
By now you probably already know that I am a long-term gold bull and that I believe gold is forming a major bottom which could push the price much higher in the future. This year the price has steadily been moving higher as expected and suggested many times, but is…
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Continue reading →: Oil breaking higher through important trendlines
There is more and more evidence that energies might rally in the end of this year and so many people could be caught on the wrong side of the trade. Not only retail community but also professionals are saying oil has to go down. We can see something similar in…
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Continue reading →: But aren’t bonds supposed to only go up?
I would like to start with my tweet from earlier today. https://twitter.com/DomenButala/status/907204732762120192 Are they? Or is just the cycle long enough so that the people forgot that bonds might also fall and interest rates rise over time?
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Continue reading →: Is DAX30 getting ready to rip higher?
I’ve expressed my bullish bias in the stock market with my past few posts. Please read in my last post my observations that’s so interesting to see the eagerness to be bearish and pessimistic and with calling the market top. So I think there is no need to bore you with…
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Continue reading →: Why are you so pessimistic?
There is so much pessimism in the market right now and it’s so hard to escape from it. It feels that if one is not bearish, then he must be missing something or he is just a blind bull. I know, there are problems in the world. But was there…