Category Archives: ZeroHedge

Tesla’s Plug, Pulled

June 10, 2025 By in Prechter, TSLA, ZeroHedge Tags: , ,

The Jolt, Is Gone

Last week, saw the largest ever, downward thrust energy for Tesla.

Price, whacked over -14%, in one day.

Then, ‘retail’ comes in to buy the dip (emphasis added):

Retail Investors Find A New And Extremely Dangerous Way To Chase TSLA, link here.

Pay no attention to the fact, on the fundamental side, EV sales are falling off a cliff, across the board:

US Electric Vehicle Adoption Plummets, link here.

Goldman Slashes Tesla Delivery Estimates On Weak Monthly Trends, link here.

All of which feeds into the (EV) supporting side of manufacturing:

Chinese-Owned Firm Halts Construction On Battery Plant In America’s EV Heartland, link here.

Then, on the environmental side, yet another EV fire:

New Footage Shows Abandoned Cargo Ship Laden With Chinese Cars Burning In Pacific, link here.

On the political side, it’s hard to gauge:

Musk Hit Bessent ‘Like A Rugby Player’ In White House Fight, Bannon Claims, link here.

‘Very Disrespectful’: Trump ‘Assumes’ Musk Relationship Is Over, link here.

The reason the politics are important, is because of the subsidies, link here.

On the price action side, we have the following:

Tesla TSLA, Daily

Pre-market trading (as of 8:56 a.m., EST) is around 315.15, slightly below the 50% retrace level shown.

Unfortunately (for them), the ‘retail’ investor, is telling us where the probabilities lay (not advice, not a recommendation).

Retail Woes

Before we feel sorry for ‘retail’, we’ve all been there at one point. Robert Prechter Jr., said it best when asked, ‘What advice, do you have for the average investor?’

His response was timeless: ‘Stop being the average investor’

What’s Next?

We’ve just had the largest downward force in the history of TSLA, a rebound fueled by apparent desperation, price action at or near the 50% retrace (from the 5/29, highs); the overall probabilities have become clear.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Silver Breakout?

June 3, 2025 By in GDX, GDXJ, Gold & Silver, Gold Miners, JDST, JDST-25-12, Positions, SLV, ZeroHedge

Gold & Silver Miners (shorts) Capitulate?

Did the shorts just run for the exits?

Yesterday’s hysteria created yet another potential (sustainable) silver breakout, maybe.

Silver Surges: Breaking out of Triangle Pattern to New Highs in 2025, link here.

Producing another rush by the herd, attempting to trade what’s already happened.

The Silver Squeeze Awakens: Options Market Screams for More, link here.

The last update said ‘today could be the day’ … the day we get a downside reversal in the miners.

Instead, we have potential JDST short-side capitulation; with inference of GDXJ, downside (not advice, not a recommendation).

Junior Miners 2X Leveraged Inverse Fund JDST, Daily

Today is an important day.

Will we get follow-through on GDXJ (up) and JDST (down), or will the hysteria fade?

If this really is a silver squeeze, one would expect the market (SLV) to scream ever-higher (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Sunday Night Futures

June 1, 2025 By in Gold & Silver, Positions, Ukraine, ZeroHedge

Gold, Silver, & The Ukraine

A reasonable expectation for the gold open, would be a launch higher, from airstrike news on the Russian military:

Zelensky Boasts Of ‘Absolutely Brilliant’ Longest Range Strikes While Kremlin Confirms ‘Terrorist Attacks’, link here

As it is in the markets, sometimes it’s what’s not happening, that gives the better indication.

As of this post 6:35 p.m., EST) gold opened a few points higher and is currently trading up around +0.36%; hardly, a ‘panic’ launch.

Silver is about the same, trading higher by +0.50%.

Is it possible, we might have ‘Tariff’ fatigue (shoving prices around), but news ‘whipsaw’ fatigue as well?

Of course, it’s a long way to the next open and anything can happen.

There’s no chart update as all positions remain unchanged (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

U.S. Steel & The ‘Deal’

May 26, 2025 By in BA, BA-25-02, Positions, Wyckoff, X, ZeroHedge Tags: , ,

Another Short Opportunity?

A pattern is starting to emerge.

First, it was Boeing, now, it’s U.S. Steel.

Price action moves higher on news.

Trump Endorses U.S. Steel-Nippon Deal, link here.

Nippon purchase of U.S. Steel gets Trump’s approval for ‘planned partnership’, link here.

The ‘pattern’ begs the question: Can these upward ‘blips’ be sustained?

Blip Before Trip?

At this point, the answer to Boeing’s ‘blip’ from this site’s perspective is no (not advice, not a recommendation).

With that said, the short on Boeing (BA-25-02), could be stopped-out at the next session. Anything can happen.

Then, what about U.S. Steel?

U.S. Steel, X, Weekly

Price action has penetrated resistance which puts X, technically, in Wyckoff ‘Up-Thrust’ position.

There are several differences between the potential short set-up for X, and the one for BA.

First, the ‘spring’ portion on X, is missing, or not readily apparent like what can be seen here.

What Is & What May Be

Secondly, in Boeing’s case, events have already happened; production problems, design problems, quality control, labor disputes, bond ratings, already present.

Short trade (BA-25-02) anticipates, when ‘the blip is gone‘, focus on all things wrong with BA, will return.

The difference with U.S. Steel, a short would be in anticipation of things not yet present, to appear, such as the merger falling apart or some other event that negates the scenario.

Taking the two factors into account, no ‘spring’ portion of the set-up and anticipating things yet to appear, we’ll stand aside on shorting X, for now (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Sunday Night Futures

May 18, 2025 By in Bonds, CVNA, CVNA-25-02, Federal Reserve, Interest Rates, ZeroHedge

USA, Credit Rating Downgrade

Providing fuel to the interest rate fire of yesterday’s post, we have this and this. Website link here.

Adding to that, is the ‘big picture’ on US debt, i.e., it’s “unsustainable”, link here.

The strategy on the debt, is to have the situation (known) in the background; so, when things really implode, one is not caught ‘off guard’ (not advice, not a recommendation).

For example, what’s going to happen to ‘rate’ related commerce (like auto sales) if interest rates launch higher?

Short Covering

Short covering on a mass scale is not a bull market phenomenon.

In the past week or so, we’ve had another near record amount of buying, links here and here.

All Quiet

As of this post (7:45 p.m., EST), the markets are holding steady.

The only position open, is short Carvana CVNA-25-02, with a stop, nearly hit on Friday, at 304.61 (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

UnitedHealth … Dead Cat Bounce?

May 16, 2025 By in Health Care, Positions, Speck-Effect, The Speck, XLV, XLV-25-03, ZeroHedge

How Far, How Long?

Two major hits to UnitedHealth (UNH), in the past four days, here and here.

Let’s throw in this one as well, and make it an even three, link here, website link here. Is that why the healthcare costs are going up unexpectedly?

The Wall Street Journal, UnitedHealth, and ZeroHedge, may have presented conditions for an interim low (not advice, not a recommendation).

The press is usually last and typically presents (these days, anyway) nothing new.

The price action itself, told us something was wrong.

United Health UNH, Daily

Massive, historic volume for UNH, may indicate a temporary bottom and retrace to test Fibonacci levels.

Separately, the XLV short XLV-25-03 was closed with 6.93% profit (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Sunday Night Futures

May 11, 2025 By in CLM25, GCM25, Gold & Silver, Oil, Oil & Gas, SIN25, XOP, ZeroHedge

Gold, Silver & The Oil Patch

Both gold (GCM25), and silver (SIN25), have opened lower and are currently (as of 7:35 p.m., EST) holding steady.

Oil (CLM25), is ever so slightly higher; that’s the sector we’ll focus on, in this update.

Starting with this post from last week.

That update had two target areas (the gaps) identified; so far, as the chart shows, we’re in range of the first target.

Oil & Gas Sector ETF, XOP, Daily

XOP, is a 24/5 (EXTO Eligible) vehicle and is currently trading at 118.9, vs., Friday’s close at 118.84.

The chart shows action as of last Friday’s close.

Remember, we’re looking for something very specific, like this set-up in the Health Care Sector, link here.

Lastly, we have this just out on ZeroHedge. The economy is slowing (not advice, not a recommendation).

Website link is here.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

‘Follow The Money’ … Eli Lilly

May 10, 2025 By in Health Care, LLY, Positions, Wyckoff, XLV, XLV-25-01, XLV-25-02, XLV-25-03, ZeroHedge

Exactly, What We’re Doing

At this juncture, the ‘money’, is heading out of Eli Lilly.

According to this link, LLY is the heaviest weighting in Health Care Sector, XLV.

Wyckoff analysis pointed to XLV, starting with this post. That short was stopped-out along with another (XLV-25-02), which was not discussed.

Thís update, let the site-visitor know (from the sidebar), there was a third attempt to short (XLV-25-03).

That trade is active and in-the-green (not advice, not a recommendation).

Confusion A-Plenty

Gold up, silver down, interest rates up, dollar down, then up, biotech down, drugs down, healthcare down, defense up; on it goes.

Then, what does ‘retail’ do? They ‘buy the dip‘

What ‘dip’ exactly, is that?

Let’s move on to LLY, and see what it’s telling us.

Eli Lilly LLY, Daily

Volume (churn) increased significantly from the earnings release on October 30th, 2024, onward.

There have been two ‘breakaway’ gaps (down) since the May 1st, earnings release.

It’s also possible there’s a trading channel.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Peak Gold?

May 7, 2025 By in Elliott Wave, GLD, Prechter, ZeroHedge

Are We There, Yet?

It’s been nothing but hysteria, for gold.

The following is just a partial list from the past few days:

Gold Soars To Another New High, What’s The Message? Link here. Website link here.

Gold Soars $145 in 48 hours as China Takes Charge, link here

What Is Gold Trying to Tell Us? Link here.

Bullion, Bonds, & Black Gold Bid, But Stocks Skid As Bessent Bats Down Beijing Deal Bets. Link here.

Short Dollar, Long Gold; But Goldman’s Hatzius Hedges Between Hard Data Catch-Down & Positive China Mood Swings. Link here.

Gold: Like a Cork in Water. Link here.

Whales And Minnows Swimming To Gold. Link Here. Website link here.

On, it goes.

Gold GLD, Weekly: Then & Now

Shown below are two charts. The first is back from 2011, at the last major top.

The next chart is now.

Back in 2011, the massive Force Index, was posted before the high; a Fibonacci five-weeks, before.

Looking at the current chart, we have another massive Force Index, with the same value: 1.8B.

If the market follows the example of the past, we’re in that ‘fifth week’, now (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Gold Down … China Sells

May 1, 2025 By in China, GDX, GDXJ, GLD, Gold & Silver, Gold Miners, JDST, JDST-25-10, Positions, SILJ, Wyckoff, ZeroHedge 1 Comment

You Can’t Make This Stuff Up

Wasn’t gold (GLD) going to launch ever higher in some kind of dollar-destruction, de-dollarization, worldwide meltdown?

Well, it might happen (eventually), but not today.

With today’s GLD, gap-down reversal (dollar higher), the press is gasping, groping for direction as the Chinese of all people are selling in huge amounts, links here and here.

Weren’t they just recently buying in massive quantities?

Behind all the hype and hyperbole, the potential for (a gold) reversal was identified ahead of time, links here and here.

With that said, let’s review how this site positioned itself for today’s excitement.

Junior Miners GDXJ, Daily

The current short position, JDST-25-10, was opened April 25th, then doubled on the 28th (not advice, not a recommendation).

We’ve penetrated support.

Technically speaking, that puts GDXJ, in Wyckoff ‘spring’ position. An attempt to move higher from here, is ‘normal’ market behavior (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279