The daily head and shoulders reversal pattern is clear on Draftkings (DKNG). On a green market day, DKNG continues lower. This is validating the reversal pattern and indicates how…
Toora
I must admit, I was spooked when I saw the USDHKD break below peg support before the weekend. I knew this pointed to a currency war behind the scenes…
The Cannabis sector is heating up, whether it is from pricing in a Joe Biden victory, with VP Kamala Harris promising the administration will decriminalize Marijuana, or if it…
A few weeks ago, we initiated a Nasdaq long trade on the break and retest of a double bottom pattern. Our take profit level was hit, but there was…
It seems the stimulus deal is back on, as both sides work to etch out a deal before the Presidential Elections. This promise of cheap money is really what…
Art of the Deal or Art of the Flop? It is confirmed it was the latter. President Trump tanked the markets on a tweet calling for stimulus talks to…
It was a hot day for the Covid plays after it was announced President Trump would be discharged and would return back to the White House. The charts of…
Crazy few days and headlines as President Trump and the First Lady tested positive for covid on Thursday night. We are hearing that the President has recovered, and is…
One of my contrarian calls has been a Gold pullback to 1800 and a Silver pullback to 20.50. Do expect we are in the process of making our first…
What a freak show yesterday. As promised, markets did react to the Presidential debate. Post debate markets sold off quite violently, and I believe it was because Biden’s economic,…