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drbubb

DrBubb's Diary - Aug. 2019 Trading - v.127

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THE RISE OF CHINA - is No Law of Nature... it has been orchestrated.

America can be great again, if ts stands up to the plot of Global Elites

The Chinese banking system is a mess, and the good news is the US banks are little-connected to it

Steve Bannon's Warning On China Trade War (w/ Kyle Bass) | Real Vision Classics

 

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Philippines PSEI / Possible Right Shoulder now in place at 8000

PSEI ... update / Last: 7,980 + 87, + 1.10%

tcCDa9a.gif

==

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too bullish on gold now?

the Crash and $30-$50 Silver, $2500 Gold?

“Pay attention to the fact that Silver could rally more than 300% if Gold moves up above $1750 and the Gold/Silver ratio drops below the 55 level. If Gold were to continue to rally and the Gold/Silver ratio continued to fall, Silver could rally well above $50 over the long run.”

www.kitco.com/commentaries/2019-07-25/Silver-Price-Target-during-the-Next-Bull-Market.html

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ROLLING OVER?  A Big Drop Ahead !

PSEI / Philippines Stock Exchange Index ... update : 10d / Last: 7.761.54 -127.87. Late Aug. It rose into 8/30.

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Philippines PSEI / Possible Right Shoulder now in place at 8400, w/ recent rallyback to 8000

 PSEI ... update : with Prop.Dev'l : 10d / Last: 7,980 + 87, + 1.10%

tcCDa9a.gif

Major property developers ROSE to a NEW PEAK at the time of the recent possible Right Shoulder

PSEI Index vs- SMPH, ALI, & MEG ... 3-years / PSEI peak=early 2018. Property peak= July 2019

wGnqUMz.gif

If the August low in PSEI gets taken out by a meaningful amount, then it would be a very bad sign for Philippines stocks

The recent serious weakness in Property developer stocks is a sign that an important downturn may be underway.

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Globe says Canaccord sees bear market in stocks ahead

The Globe and Mail reports in its Saturday, Aug. 31, edition that the stock market's strength suggests confidence that the growth outlook will improve in the fall, and beyond. The Globe's Tim Shufelt writes that the bond market is telling an entirely different story. The latest bad omen to come out of the bond market was the sinking of 10-year yield below the two-year yield on U.S. Treasuries two weeks ago. Canaccord Genuity Group analyst Tony Dwyer says, "[With that] the countdown has begun." He says it is only a matter of time before we see a U.S. recession and bear market in stocks. Mr. Dwyer says where the United States goes, in economic and financial matters at least, Canada is sure to follow. Whether that happens soon, or two years from now, depends in large part on how the U.S. trade war with China unfolds, with more than $700-billion (U.S.) in two-way trade already subjected to import charges. The global toll of those competing tariffs is growing, with trade-sensitive economies such as Germany struggling to tread water, while the global manufacturing slump already qualifies as an "industrial recession," says Mr. Dwyer. The fallout from tariffs puts a potential correction firmly on the table.

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