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$SPX.......HAS BEARS..SIDE........
.$SH ........ $SDS .........$SPXU ........ $SPXS.....
SPXU..D...RSI14 reads now 63.38 may hit ABV 70.00 NEXT ????
https://schrts.co/JYJfTEgg
(E)KOLD.....Daily......trend HH...BL 3up IN progress OPINION
GOOD LUCK ...J.
H.line
https://schrts.co/GqFHfjTi
ZIG..CC20 Maybe hit 80.00+? if mood of market not change market mood at bear side in general...now
https://schrts.co/pfdFYhnA
RE-GDXD.....2x Daily........near under R1.....WILL climbs resistance....? ....
TODAY DID CLIMBS R1..with GAP. up..
1.H..Lime
https://schrts.co/WggbQsIX
2. ZIG
https://schrts.co/nWWSkvMi
My 60min chart is not working, like Duma said the overnight action kills the signal. The daily charts are working as long as I follow the rules.
Right now I am currently in SQQQ SPXS and KOLD
In my LT acct I am accumulating some Bitcoin etfs (IBIT BITO) with this drop.
18:29 > In SVXY 50 @ 51.14 > small load >
see what happens > time to play the other side as I missed uvxy ramp > so be it >
tried to "sell / short " uvxy > Nope >none to be had (HTB) status
Yup, downward momentum appears to be increasing.
A periodic ~10% correction is overdue. Will it stop at that level, ...or not. GLTY
I see things realistically not in an extreme 1 sided fashion...I also research data to understand what really is going on...plus I have some empathy for the less fortunate...
>> OpEx week again > this one will be interesting
Yes I saw the article. What amazes me is that they knew what the level was to start the selling. How did they know that? Had to be somebody giving BofA insider info.
GDXU....3x.....Daily......
H...line...support....34.67
https://schrts.co/UJdHHFCp
The recent Middle East events are not the norm. I believe this will get much more serious once again. Likely Potus wants war as no Potus has ever lost re-election during a war. ...or more accurately said, the puppet master(s) behind Potus want a war so as to maintain power. This is a mess.
I believe market volatility will be increasing. Should be target rich for swing trading. GLTY
GDXD.....2x Daily........near under R1.....WILL climbs resistance....?
1.H..Lime
https://schrts.co/WggbQsIX
2. ZIG
https://schrts.co/nWWSkvMi
AGD....Daily.........O/B But not broken any support yet....OPINION.
https://schrts.co/hpIEtiyS
I did a serious study of solar about 2 years ago. There are lots of homes where I live that have it. Everybody seems to be pleased but the bad stories are starting to come out. Most issues are because the installing company will not respond to panels not working. Panels and inverters do fail along the 20yr life path.
For me it boiled down to a 25 year loan for $35,000, a monthly savings initially of about $30-40, and a $10,500 tax credit. The tax credit would cover my total electric cost for 5 years as I spend about $2,000 a year. The theory is that in 5 years the cost of electricity will have gone up enough that the saving would be closer to $100 a month.
I choose not to do it for several reasons.
* The savings was not higher than what I spend on Happy Hour each week, which is another way of saying, electricity is really not that much of a burden on my monthly cost of living.
* Every time I needed to redo my roof I was looking at $8K to take the panels off and then re-install them.
* There was no guarantee that the power company would continue buying the excess electricity at the rates quoted. That was a major part of the cost savings. Big cuts happening in Calif now.
* Almost everyone selling their homes is having to pay off the loan before closing. I don't plan on moving, but a big issue for my estate.
* What happens when the company putting in the panels and operating the system goes belly up as is happening in California. What will be the cost with the next company to run and maintain the system. Bankruptcy of the installing company would be very costly and probably negate any cost savings.
* I didn't want to put the added stress on my roof. What if it started to sag, big oops.
* Somebody has to get up on the roof at least every 6 months and clean off the panels. The going rate is just under $100. There goes more of the savings.
* I really don't think the panel and equipment will last 25 years. What will be the cost to take the equipment off the roof and dispose of it. There are no recycling centers and I am pretty sure the trash dumps will not take them, so then what? This is already a big issue in Calif as solar systems installed 20 years ago are all dying. Many people are just throwing them into the backyard, I have seen pictures.
This should be interesting in California. They have all their solar power, which can not be fully used during the day, but all the Tesla owners need to charge at night when the state has to buy power from other states. Almost half of the Tesla's in the US are in California. I know AZ sells them power along with others and they are not going to get any deals. Calif is paying almost 30 cents per kwh while in AZ we are paying 15 cents. Expect the gap to get bigger. Also expect the brown outs to get worse along with more regional power shutdowns. Welcome to the same service as most 3rd world counties enjoy.
What happens if Red states start restricting immigration from those fleeing blue states? Could it happen, probably not but here is what is happening. Florida is full and residents are now fleeing to the states just to the north, i.e. Tenn. If you can't get into a restaurant for dinner, that is a very serious problem and requires action.
https://www.zerohedge.com/political/daytime-solar-power-glut-california-rooftop-sales-plunge-90
SBIT Daily......look like 3u...today ..opinion...
https://schrts.co/kdpxdhAq
I think the only thing that saved the market (and me) is that Israel said they were not going to counterattack immediately. But the market is fading fast.
Unless there is a real change in the market before the close, I am finally going to cash tonight. Israel now says they are ready to attach. I hope they hold off for 4 hours.
I am glad you see things so positive.
If #natgas gets down to historic lows this week...I will sellmy $KOLD and either buy Ng futures or experiment with shorting $KOLD instead of buying $BOIL...it's only logical if one bottoms in the cycle the other goes up...except because NG is so far down there's not much to go down so BOIL has the most opportunity to go up than KOLD...that's why I get uncomfortable with the thought of buying KOLD...
unless a person wants a Masters or PHD or become a Dr or Lawyer or engineer or therapist something with specialty like that...self teaching is the way to go...or Trade school...which incidentally is usually run by Unions...and after mastery one can have their own business...Biz degrees only teach peeps how to work for others not for themselves...
Some people like to work smart than harder...and just because you don't see a certain race working a meaningful job doesn't mean they aren't...this superiority complex doesn't help anybody...as far as I'm concerned unemployment is historically low...the markets are breaking records...why are we complaining??? Engendering the military makes the country stronger NOT weaker...women are just as smart as men and can be as useful as well...
Well I tinkered a bit more with a $USD:$BTCUSD flip flop strategy this afternoon. Since settling on the use of the MACD signal over RSI, +VI, Ultimate Oscillator, and others, I have now noodled with different MACD settings. Rather than show all the variations tried here, I have just the two length extremes; M12 and M65.
The first two slides are the $USD:$BTCUSD, and reversed order $BTCUSD:$USD using the default MACD 12,26,9 settings.
Ignore the RSI and VIX indicators at the bottom. I have not taken the time to remove them yet. -
Slides 3 &4 are the same as above but using the longer M65,90,10 settings -
I can't overlay the above trading signals on the BITU/SBIT 2x ETF pair and have it make much sense as they have been trading for less than a month... -
...so I used the BITO/BITI 1x ETF pair to back test.
Slides 7 & 8 are the 1x pair using the M12 setting, the signal overlays in place, and the observed results. -
Slides 9 & 10 are the 1x pair using the M65 setting, and the overlays in place, and the observed results. -
The above shows the shorter M12 settings produced a 6mo return of 34.93% If this strategy were to be used on a 2x ETF, theoretical return would be 2x 34.93 = 69.86%. 3x theoretical return would be 3x 34.93% = 104.79%.
The longer M65 settings produced a 6mo return of 84.93%. 2x 84.93 = 169.86%. 3x 84.93 = 254.79%.
I am still playing with all this. Comments and suggestions welcomed. GLTY
Be interested in seeing what back testing looks like.
This weekend I am noodling a way to better swing trade the recently available 2x leveraged Bitcoin ETF's.
I am aware Bitcoin has an inverse relationship with the US dollar.
https://econjournals.com/index.php/ijeep/article/view/14996/7670
I agree with this. Earning a college degree no longer gives young people a step function advantage over others their same age.
Colleges won't follow the lead of Vo Tech schools and publish a pay back estimation for trade school education costs. They don't want this information visible. Most college degree programs, with a heap of student loan debt acquired upon graduation, will require over 20 years to achieve payback. Many will never achieve payback!
Colleges and universities need to reverse the trend of stock piling endowment funds (tax free by the way), and begin using that money to make tuition more affordable, and coach students away from non income generating degree programs if they are using student loans to fund them.
https://en.wikipedia.org/wiki/List_of_colleges_and_universities_in_the_United_States_by_endowment#:~:text=Harvard%20University%2C%20with%20a%20%2449.495,by%20fiscal%20year%20(FY).
Very well written article, but not the first time I have read of what I call the dumbing down of America. It is true and it is here and it is causing all kinds of issues and accidents. I am starting to believe that flying is not so safe. I for one intend to fly as little as possible. I am not loyal to American brands because they are junk, but that has been going on for a long time.
If I knew what I know today and I was ready to start college, I am not sure I would go. I see plenty of white and brown (hate the word, but that is what Mexicans are called now) guys who are wildly successful. People are do desperate for reliable workers, that anyone who will do a quality job, when they say they will do it, and a little or even a lot above a fair price will not be able to handle all the work.
Let me give you an example. My neighbor is having a pool built. His electricity feed from the transformer ran diagonally across his property, so he had to reroute it around the edge of the yard. He paid one guy $1000 to come out with a back hoe, dig a 30" deep trench, and then come back a couple of weeks later after inspection and cover it up. He had a max of 3 hours into the job plus travel time. I actually thought that was pretty fair.
Our electric company requires that the electrical conduct be pre-installed. All they will do is pull new wires through your installed conduit and hook up the ends. So he paid a guy $1700 to bring out 3 brown guys to dig down and find the hot wires at the end of the trench. Nice guys I talked to them. I am sure he paid them well for about 90 minutes of work. Next the hired guy has to go get the conduct and one Sunday morning he spent all of 1 hour gluing the pipe together. Now that $1700 was way above a fair price. Turns out the guy (white) was the electrical supervisor for the construction company that was doing his remodel, and he did odd jobs like this on the weekend where there was no one to do it. He said he made more on the weekends than he did with his regular job. This is how you get ahead. I would guess he pulls in at least $75K a year doing stuff like this.
I have been in the same situation like above many times and what did I do, go buy the pipe and glue it together. Nobody can do anything anymore. Our homes are all older here in Sun City and a few sewer line from the house to the street are failing. The going price to replace is $10,000. If it happens to me I will go rent a backhoe and dig the trench myself and then call one of several good workers I have collected from talking with them and seeing their work.
So the American dream is still alive in this country as far as I can see, just different than before. Anybody willing to work and do a good job can make a very good living. Construction bosses in this town drive new black jacked up monster diesel trucks.
By the way I don't remember the last time I saw a black guy doing any kind of construction, repair, or yard job. Welfare is plenty good enough to get by with drug sales on the side. But bad times are coming.
I find it easier and less risky to just follow what the chart tells me. Cut any losers quickly, and let the winners run. It's working for me. GLTY
#natgas July is trading sideways between 2.3 and 2.45...which is less volatile than May...I'm still holding my $KOLD for a brief dip...there are more reasons why NG will drop then reasons for it to go up...too much supply and not enough demand...producers are losing alot of $$$ with NG being so low...
perfect > Later gang
Its on the list! Thx
Im still holding on to my w3 idea on 60min BOIL, I did have a daily signal on BOIL that crashed and burned earlier this week.
Daily In 14.71 10Apr out 14.11 11Apr
60min In 13.85 5Apr
BOIL
same here > not at screens today >
will do some setup work over weekend >
You might want to add SVXY to your lists
This is a long read, but only slightly off topic from your earlier post. I found it very engaging, and described many logical connections and explanations to current events. Well researched by the author.
As I sit at my desk on a sunny spring Friday afternoon reading this rather than addressing work related activities, this section of the article I found particular relevant to my own situation. GLTY
https://www.palladiummag.com/2023/06/01/complex-systems-wont-survive-the-competence-crisis/
BOIL....KOLD 10....+...VIX........
.Q...can you see wheN is the time the market flip from KOLD TO BOIL.?.
.A. About 11.00am
https://schrts.co/QKbfnHSu
$UVXY.....60..+...Daily. ZIG........is a W5 or 7 up...With GAP UP...today...?....Will see later..
under support 33.29...? may Flip from BULL to BEAR...?
60.
https://schrts.co/SGdQqJjf
Daily.ZIG
https://schrts.co/qjpMsXCW
RE-NUGT....60.....+...Daily....
60...
https://schrts.co/ncCYVEQK
Daily..zig....
https://schrts.co/AIZbncFC
right now, May is 1.765 and July is 2.328 so for some reason that negative price in TX isn't affecting #natgas futures...maybe when the market opens though...tanx for the info...
CTA's using CTA's. I like it!
https://www.investopedia.com/terms/c/cta.asp
I'm expecting a couple more down days for #natgas...
$BOIL is following: 166.83% NATURAL GAS FUTR JUL24 33.14% NATURAL GAS FUTR MAY24
$KOLD is following: -166.74% NATURAL GAS FUTR JUL24 -33.23% NATURAL GAS FUTR MAY24
two completely different charts...looks like July has a gap to fill whether it does or not we will see...that will be great for $KOLD...
Block pop-up ads http://www.adfender.com/
Dividends http://www.nasdaq.com/symbol/spy/dividend-history
Three X ETF's http://www.3xetf.com/ETF_List
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