CGTS THURSDAY: DIAGNOSTICS FOR THE MARKETS STILL POSITIVE
CGTS Algo Trading System
CGTS THURSDAY: DIAGNOSTICS FOR THE MARKETS STILL POSITIVE
Jan. 15, 2021 2:16 AM ETABUS, CSOD...
Peter Schiff has been wrong so long I simply can't believe him any longer. Commodity Boom is not about inflation; it is about the Dollar.
Look how the Dollar (UUP) fits in to this picture. UUP (BLUE) overlays the price pane.
Substitute any commodity, it becomes the same picture. Dollar DEFLATION = Commodity INFLATION. So a STRONGER Dollar saves the world from INFLATION. A WEAKER DOLLAR saves the world from DEFLATION? Yes. That is my argument:
2019-2037, WEAKER DOLLAR, LOWER RATES. INFLATE.
2001-2019: STRONGER DOLLAR, HIGHER RATES. DEFLATE.
1983-2001: WEAKER DOLLAR, LOWER RATES. INFLATE.
Is the Dollar being murdered currently? It is correcting.
Copper? Is it like the 2016-2018 interlude?
Joe Biden, the asterisk The 2020 election saw millions vote ANTI-TRUMP and millions vote PRO-TRUMP, but Joe Biden was just an asterisk.
Moderate economic plan? Is the end of "shareholder capitalism" a moderate economic plan? Where is the MEDIA as the balancing force in the middle?
TIT FOR TAT? What's good for the GANDER is good for the GOOSE?
Is he the ANTI-TRUMP?
Ok. STOCKS. STOCKS pared gain at the close after a very good start.
TBOND yields continue to climb.
We are recently LONG ACQ, Silver.
IDEX is also a recent LONG. Nice gain today of 29% today.
SPCE, also a nice gain, up 20% today.
SPAC CCIV has had three days to remember. There is no question, SPACs are juicing the markets.
Remember two days ago, when BITCOIN WAS DONE.
NMM has been one of our hottest holdings.
We are keeping an eye on this one. QS, the future of EV batteries (solid state). Price cut by more than 1/2. Is this the bottom? We would LOVE to see this fall to 31, as we are WATCHING for a spot to get in.
Look at this BUY SIGNAL from our OLDBOY SIMPLE COUNT SYSTEM. WORKHORSE GROUP.
SIMPLE COUNT. BUY when Spin=1 and CGTS OLDBOY<100. SELL when OLDBOY>100 and COUNT1=2.
We began testing this system on 12/1/20. It is up 11.2% in that time, a little more than a month.
GM is very attractive here. GM is clearly getting in on the EV market craze.
Other "signals" from today. RNG, BUY, OB Simple Count System.
ABUS. Buy.
FISHNET System sale today. Gain of 24% in this trade.
M2F ALT PLAIN for STOCKS.
BULLISH.
CROSSOVERS.
CROSSOVER TRADE: LONG, up 60.47% since 2020, up 13.35% current trade, up 2.6% for the year.
Early-Warning Signals: Calm. Bullish.
Intermediate- and Long-Term Indicators: Bullish. No turbulence at the moment.
DATA: CHAOS FACTOR (C1=0) CALMING ALSO.
So far no real deterioration in our numbers. Still bullish.
Headline News
....and other deplorables too, right?
Well, it is only 95% effective, right?
Did Joe Biden CAUSE the BLM rioters because he spoke out against police brutality in the George Floyd killing. It is kind of hard to prove one man's criminal activity was caused by another man's encouragement. I could say "Someone should stop Nancy Pelosi in her tracks" but does that make me guilty if someone actually does stop Nancy Pelosi in her tracks?
Let's not forget where World War III is most likely to start.
Disclosure: I am/we are long BLNK, NMM, SPCE, WKHS.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
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