LOTM: Early Signs of a Positive Trend Change for the Markets

In this blog:

  • Are we seeing early signs for a positive market trend change?
  • A Bitcoin bottom?

Are we seeing early signs for a positive market trend change?

The markets are no longer fearful of Inflation. If they fear anything, it is the recession or even a depression.

It is way to early to call the end of the correction, but there is the potential for a two to three month counter-trend rally. Perhaps a rally between now and November elections and then we have to see what follows the November event. Continue reading

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LOTM: Comment on Soluna, Galaxy Digital and more…

  • Soluna and Galaxy Digital’s problem is more liquidity related than Company Problem
  • Junior Gold Miners are cheap and not going way but requires patience.

Chart

The price of Soluna went below $4.00 today – trading as low as $3.72. Continue reading

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LOTM: Actionable Ideas in Two ETFs, June 27, ‘22

  • ARK Genomic (ARKG)*
  • Brazil small Cap ETF (EWZS)

Trading an ETF, we are more focused on the technical readings and the industry performance as it relates to the flow of funds more so than having concerns about company risk. As an industry, the fall has been from February 2021 to May 2022. Enough time to go from very over bought to very over-sold. The RSI has crossed above its 505 line. This indicates that ARKG is now performing better than 53% of the market. This is a plus. It shows money is being attracted to the industry. Price crossing the 50 Continue reading

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LOTM: GOLD / Inflation / S&P 500 / US Dollar Relationships

  • Gold’s long-term perspective is best!
  • Shorter-term, it is harder to see Gold’s direct benefit.
  • On a multi-decade basis Gold scores very high.

Here are some facts.

This addresses holding physical gold. For a period of time the price of gold was “fixed” and in the 1930’s, owning physical gold was outlawed in the USA. Continue reading

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LOTM: How do I Get Through the Recession?

The Chinese started World War 3 (Three) as far back as Richard Nixon’s USA opening up to China (1972). While the USA looked at this as an opportunity to draw China into the USA way of thinking, for China it was the beginning of a 100 year plan, to control the USA and the world. Fifty years later, the USA is “starting” to waken to the fact that China has been at war with the USA for 50 years.

You can plan on China invading Taiwan prior to the 2024 elections. If it does not happen, consider it a gift but, not the end of our war with China. Russia combined with China is a geo-political nightmare Continue reading

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LOTM: Timely Interviews on Market Conditions

There were a number of Timely Interviews worth sharing on current market condition. I am presenting two of these interviews with you that I believe are important to the next few weeks and months. These interviews are from Hedge fund Managers. There are well thought out and shared or in the case of Blockworks Macro Interview discussed with agreement but differences on driving factors behind the similar conclusions. Continue reading

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LOTM: Calumet (CLMT) Technical Picture

Finviz Chart

This chart pattern with the constant bumping against the support line (about $13.00) with declining highs is a descending triangle. This is generally considered a bearish chart pattern. Short-term, pressure appears to be building leading to a downward move. Continue reading

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LOTM: Oil Prices will come down, but Oil Stocks will rise, Theory

  • Oil Price Down / Oil Stock Prices Up Theory
  • Soluna Growth rate out Paces Inflation
  • Osprey Bitcoin Trust (OBTC)* added to Ten Under $10 for the Double.

Rick Rule, former CEO of Sprott Inc, now retired and founder of Rule Media, has presented an interesting theory that relates to the conundrum of life at the present time. Perhaps there is a lesson we can benefit from, more importantly a way to profit from it.

His theory goes something like this Continue reading

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