Loading ...Following up …
… to a very light hearted exchange here:
CHINA – Xi Tells China Military To Deepen War, Combat Planning Amid Tensions With US, Taiwan
There seems to be more to it than meets the eye.
Heads-up: I’m a fan of Gareth Soloway, for the amount of TA that he shares for free. I’ve not subscribed to his paid service.
#bitcoin is consolidating around $30k, and the longer this pattern holds, the bigger the next move. Question is, will the next "big move" be a breakout or a breakdown? @GarethSoloway updates his price action outlook and talks $SPY, $TSLA, $BTC and more…https://t.co/QKq09bMvVT
— David Lin (@davidlin_TV) July 7, 2023
Listen to the part on TSLA starting around minute 27 or so. As regards the China factor. If Tesla sales to China get impacted, the whole stock market is in trouble! Is that why Threads was released now? To back off Musk into a corner? He can’t have both Twitter and TSLA winning together at the same time, can he? Threads will of course censor any anti-China stuff, just like FB censored anti-vaxxers during Covid …
Interesting new thread … pun intended.
If you do care to watch the entire video, we are at an inflection point in ALL the major markets. S&P. Nasdaq. Bitcoin. TSLA.
Sir Rambus too has called the turn again, amazingly.
It won’t be a boring summer. That’s for sure.
GL
Saw this earlier today – I’m a fan of Soloway also.
In his response to Lin’s ‘why is attacking Elon Musk a national security threat’, I was surprised Garath didn’t also cite the fact that there is a huge gov’t subsidy machine backing Elon’s enterprises, including space-x and others. Free speech on Twit surely isn’t considered a true threat based on our own governments toothless response to TicToc.
Sir YYZ,
Couldn’t agree more on the toothless response part.
I have laughed repeatedly imagining/picturing the old Yeller(n) literally going begging to China.
Knowing Elon for the maverick genius that he is, but also an egomaniac, it wouldn’t surprise me that his ego gets the better of him, and he is “blamed” for stepping up anti-China rhetoric on Twitter, resulting to an overnight ban on Tesla’s sales in China.
I know I’m not sounding coherent here.
FB was and is the biggest “implant” by the govt. Had FB not been birthed so many years prior to Covid, how would humans have actually thought instead of just blindly following all the draconian measures imposed during covid … lockdowns, vaccines and all.
This is a grand scheme playing out, and Elon is not following the script.
GL
Completely agree – leftism could not have survived what the world has been ‘sold’ esp since 2016. TV media and Hollywood are experiencing a slow death and the old FANGMS are their last refuge of power and influence. Today , in fact it was Soloway who showed that without the performance of the ‘big 7’, the NASD would barely be up for the year. I’m just waiting for the rugpull.
Rugpull … and Soloway’s beautiful repetition of … “this is retail buying that’s propping up the markets” … “not institutional buying” … the crescendo of markets is always when retail buys at the top.
After its bigger than six-sigma move, why did NVDA just stop dead at the 425-432 range? Can you imagine the money spent at this kind of short covering???
I must comment on the importance of timing. Guys like Rambus and Plunger stick their necks out, come what may. I’ve long followed people who are “right” and have lost me money. Most everyone knows “shit happens”. I need to know when it happens!
Sir Strider,
Your comment came in just as I was reading this one: https://rambus1.com/2023/05/29/weekend-report-us-dollar-and-interest-rates/
” … Today I would like to update a few charts for the US dollar and the TNX which can play a big role in the markets. It is almost a given that the US dollar is on its way out and interest rates have peaked and are headed back down too much lower levels. That may be true, but the Chartology is suggesting just the opposite is likely to happen from the macro side. … ”
That wonderful knack of seeing the future movements through Chartology … what a great education!
GL
That is a FANTASTIC chart of the TNX. Well done Rambus. What we needed was more historicla bars and the chart takes on a better perspective.
Well STRIDER, you need to dim eq. lower your tone. Not only are you now Demanding nor are you thankful. For example, yesterday I took time to reply on your request (where I appeared the only one) but while requesting you not even have the politeness to respond. So why even respond near future to yours? And yesterday you’re requesting and today (see here above) you are demanding.
So why not create interactions where you give your view and then see how others reply … INSTEAD OF DEMANDING. So what is your view as you certainly have a view?!
THIS WAS A GREAT THREAD UNTIL THIS CRAPP
NO NEED FOR THIS
LAST WARNING .
Another look at the chart https://rambus1.com/wp-content/uploads/2023/05/TNXWEUPT.png in the same post … https://rambus1.com/2023/05/29/weekend-report-us-dollar-and-interest-rates/
Are we looking at 10-year interest rates going over 10% in the next 6-8 months???
Wow!
GL