New Market All Time Highs Dead Ahead and More Trades For the Next Leg

New Market All Time Highs Dead Ahead and More Trades For the Next Leg The notion that the Federal Reserve is stoking another Asset Bubble looks more correct every single day.  “Federal Reserve Stokes Another Asset Bubble”.    (https://markonomics101.com/2019/03/22/federal-reserve-stokes-another-asset-bubble/). First the Cryptocurrencies resurrected. “Cryptocurrency Sector Explodes Higher”.  (https://markonomics101.com/2019/04/06/cryptocurrency-sector-explodes-higher/). Bonds are already near their all time […]

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Founder Elon Musk Continues Self-Inflicted Damage (Chart of the Day 21)

Founder Elon Musk Continues Self-Inflicted Damage (Chart of the Day 21) Elon Musk and Tesla shareholders endured a rough week.  First Quarter sales fell far short of expectations and  below those of the 4th Quarter.  (https://www.zerohedge.com/s3/files/inline-images/ttd%20m3.png?itok=j-aL57e0). The schedule of Federal price subsidies explains why.  A “rebate” of $7,500 per vehicle until January 1st, 2019 was […]

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Cryptocurrency Sector Explodes Higher

Cryptocurrency Sector Explodes Higher The sentiment toward the Cryptocurrency sector has turned to wildly bullish. Not only has the number of google searches for “Bitcoin” surged, as shown on the left, but so have tweets. We’ve anticipated this rally now, in two recent posts.   “Crypto Rally Imminent”.  (https://markonomics101.com/2019/02/21/crypto-rally-imminent-chart-of-the-day-15/).  And, as recently as one week […]

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Cryptocurrency Sector Ready to Rally Despite Reports of FAKE Bitcoin Volume

Cryptocurrency Sector Ready to Rally Despite Reports of FAKE Bitcoin Volume The Cryptocurrency Sector is on the verge of  starting a long awaited rally.  The resistance line is at $145 Billion, exactly the level as of early Sunday evening.  (https://coinmarketcap.com/). The Sector continues to be plagued by shady practices.  Bitwise Asset Management performed an analysis […]

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LYFT’s IPO Raises Questions (Chart Of The Day 20)

LYFT’s IPO Raises Questions   LYFT’s IPO priced at $72 on Thursday night implying a pre-trading valuation of $22 Billion Dollars.  Only weeks earlier the value range was thought to be between $10-$15 Billion. LYFT’s first trade  was $87.24, just shy of a $27 Billion value. Trading went straight downhill from there, with the stock […]

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