Since my last post here, $PLTR actually went down and rebounded from my second Fibonacci support level of 22.32 which is the 50% level.
Author: piranhaprophet
Hungry For Profits
High Impact Events – July 2021 Week 3 $TNX #CPI #OPEC
Here are the high Impact Events for this coming week (Have included some medium impact events which i feel should be considered high too) 10 yr Bond Auction - low take up rate for the 10 yr US Bonds this week will cause the US 10 YR Treasury Note Yield to go up. Already the …
Continue reading High Impact Events – July 2021 Week 3 $TNX #CPI #OPEC
US Debt Default Update – the next crisis #debt #default
We are now coming to middle of July 2021 and there is still 2 weeks away from the Federal Borrowing limit expiry on 31st July 2021. As of current, the Democrats still have no clear plan on how to deal with the looming expiry. There are 3 options1. The first option would be to tuck …
Continue reading US Debt Default Update – the next crisis #debt #default
Sell Off ?! #DJIA #SPX #bubble #stocks
And so it has begun selling off for most of the value and cyclical stocks. In fact the selling off already started close to 4th July weekend starting with real estate and utilities stocks. I tend to think this is due to profit taking after all three major indices hit ATH (All time highs) several …
Stock Analysis Update – Microsoft $MSFT
Microsoft last ATH was at 278 before the 4th July weekend. As of current, I am seeing for the bull case that it will continue on its upward trend to its new ATH (All Time High).
Stock Analysis Update – Palantir $PLTR
Latest Stock Analysis for $PLTR
High Impact Events – July 2021 Week 2 #OPEC #FOMC Meeting Minutes
The OPEC JMMC meeting was extended from 2nd July to 5th July. There should be limited impact on stocks. As for PMI and FOMC Meeting Minutes, expect the dollar index to take a long term view of the Fed -which is hawkish.
Uncomfortable ranging of the market
The markets are ranging currently as a generic trend this few days after $DJIA, S&P500 and NASDAQ maintain their relentless climb despite already reaching all time highs. However i am seeing some warning signs which may occur over the next few days
My first major milestone and … starting a podcast ??
I consider it my first major milestone when 10 people start following my blog. Big shout out to my followers (11 of you so far). Thank you for following my blog! Kudos to those who have read (and liked) my blog consistently too
High Impact Events – July 2021 Week 1 #debt #default #inflation
This week's events are just a prelude to what is coming up the rest of the month. I have already rebalanced my portfolio , have you ?