Popular Post Adam Montana Posted February 26, 2020 Popular Post Report Share Posted February 26, 2020 Goooood Wednesday to you all! I'm actually starting this on Tuesday, pretty sure I won't have time to finish it in the morning, so it will probably be afternoon by the time this is posted. The reason is simple - while we don't have an RV announcement (your phone would have blown up by now!), we DO have a lot of interesting and promising items on the table. Up front and center is the new Prime Minister Allawi. As a short recap: Late last year, the former PM resigned. There were several failed attempts to replace the PM. A PM is necessary. Mohammed Allawi was instated as a possibly temporary PM. That "temporary" bit doesn't look so temporary now, because: Allawi is acting in a permanent manner. Namely: I posted some comments at that link above and I think it bears repeating here: "I love everything about how he is doing his job. He's getting work done and not allowing people to try to influence the process. This is definitely the most efficient and possibly the ONLY way to be successful at the job - make decisions, tell people what was done, and move forward." It's not surprising that he hasn't got the job done overnight. Taking the helm in this situation is a BIG job, and in my opinion Allawi is doing a stellar job and getting things done incredibly fast. to @Mary B for bringing this article: That first post should tell us how complex his job is, but again - refer to the earlier quoted post above, and my opinion is the same - Allawi is doing an impressive job. Other items of note: DJIA is down since my last update - as is Gold, OIL, and pretty much everything else. Presumably, this is related to the coronavirus epidemic... which makes one wonder, is this a government CIA cartel illuminati plot to control the financial market, is it the end of times and those of us that are prepared for the Zombie Apocalypse are the only ones who will survive... or is it another bird flu / SARS / mad cow disease scare that is going to blow over in short order? Bird flu lasted a year, SARS maybe two years. I'm guessing the coronavirus epidemic will be about the same, but there's always the chance I'll be thankful I have my stockpile of metals, bullets, and MREs. That's why we have those things, of course! Bitcoin is also slightly down since my last update, but going back only 3 months shows it's really up about 15%. Nobody really has a clue how or when any crypto will go up or down - that science is even murkier than the Iraqi Dinar - but don't forget about the halvening coming up in 75 days! The last halvings have resulted in massive spikes - about 10X, both times according to this article. Personally, I'm HODLing! Don't forget to get in the Powerball Pool! Last (but not least), GOOOOO RRRRVVVVVVV!!!!!! - Adam 6 19 11 Quote Link to comment Share on other sites More sharing options...
Danomite Posted February 26, 2020 Report Share Posted February 26, 2020 Thanks Adam! 1 2 Quote Link to comment Share on other sites More sharing options...
keylime Posted February 26, 2020 Report Share Posted February 26, 2020 Thank you Adam. We are one day closer to an RV! 2 1 2 Quote Link to comment Share on other sites More sharing options...
umbertino Posted February 26, 2020 Report Share Posted February 26, 2020 Thanks Adam 3 Quote Link to comment Share on other sites More sharing options...
Joel G Posted February 26, 2020 Report Share Posted February 26, 2020 Thanks Adam for all you do! 1 3 Quote Link to comment Share on other sites More sharing options...
nannab Posted February 26, 2020 Report Share Posted February 26, 2020 Short sweet and positive!!! Thanks Adam 2 2 Quote Link to comment Share on other sites More sharing options...
TheSouthernMan Posted February 26, 2020 Report Share Posted February 26, 2020 Thank You Sir! 1 3 Quote Link to comment Share on other sites More sharing options...
jscrossroads Posted February 26, 2020 Report Share Posted February 26, 2020 https://qz.com/1017805/the-world-bank-issued-425-million-in-pandemic-bonds-and-derivatives-designed-so-investors-pay-in-the-event-of-an-outbreak/ 1 1 2 Quote Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted February 26, 2020 Report Share Posted February 26, 2020 Yeah buddy, no one said this would be easy! Thanks. Waiting on the text at least I got some mres to nibble on ;)* 1 3 Quote Link to comment Share on other sites More sharing options...
mowens Posted February 26, 2020 Report Share Posted February 26, 2020 Thanks, Adam. A hurry up and wait event! Go RV already!! 4 1 Quote Link to comment Share on other sites More sharing options...
Goggles Posted February 26, 2020 Report Share Posted February 26, 2020 Thank you Adam and Teams!!! 3 1 Quote Link to comment Share on other sites More sharing options...
FROSTYJACK Posted February 26, 2020 Report Share Posted February 26, 2020 Thanks for checking in Daddio! 2 1 Quote Link to comment Share on other sites More sharing options...
tigergorzow Posted February 26, 2020 Report Share Posted February 26, 2020 A.M. Thanks 3 1 Quote Link to comment Share on other sites More sharing options...
watchmedude Posted February 26, 2020 Report Share Posted February 26, 2020 Thanks Adam, as usual no BS just the facts. Have a blessed week . 4 2 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted February 26, 2020 Report Share Posted February 26, 2020 Thanks Adam and we will remain stead fast. 1 1 3 Quote Link to comment Share on other sites More sharing options...
Pitcher Posted February 26, 2020 Report Share Posted February 26, 2020 4 hours ago, Adam Montana said: Zombie Apocalypse are the only ones who will survive. Thank you for the update Adam. The market is definitely down on a CIA plot to turn us all into Zombies. I’ve never been a Zombie so maybe it will be fun. 1 4 Quote Link to comment Share on other sites More sharing options...
BKD Posted February 26, 2020 Report Share Posted February 26, 2020 Thanks Adam. Closer to an RV. Go RV!!!!!!!!!!!!!!!!!!!!!!!!!!!! 1 2 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted February 26, 2020 Report Share Posted February 26, 2020 Thank you Adam and your team.. It all seems so quiet at the moment .. The lull before the storm (event) maybe .. 😊🙏🏻 4 1 Quote Link to comment Share on other sites More sharing options...
wealthhound Posted February 26, 2020 Report Share Posted February 26, 2020 Thanks Adam!! Keep the train rolling Iraq!!! 2 Quote Link to comment Share on other sites More sharing options...
NAKS Posted February 27, 2020 Report Share Posted February 27, 2020 Thank you Adam. 1 Quote Link to comment Share on other sites More sharing options...
NevadaSam Posted February 27, 2020 Report Share Posted February 27, 2020 Thanks Adam for all the info you provide, it is greatly appreciated. now all we need to hear is the text to our phones and that there has been an RV and we cash in soon Goooooooooo RV 2 1 Quote Link to comment Share on other sites More sharing options...
Pitcher Posted February 27, 2020 Report Share Posted February 27, 2020 Several weeks ago I felt the corona virus had the possibility to hurt the stock market. I also said I didn’t like the market which was at all time highs. I stated that if the virus starts spreading the market would probably sell off rather quick, like a falling knife. Well, it’s been a rough week for the markets and yes, markets don’t go straight up forever. The Corona virus is now in 40 countries and is a very dangerous situation. For this reason I am treading very carefully and don’t care to buy the dips or try to catch a falling knife. This sell off feels more like 2011, 2008, or after 9/11/01. I’ve talked to a number of my friends who are very smart traders and investors and many of them are saying the same thing, “ how do we invest in a market when we don’t know what this corona virus is going to do if it gets going in the USA?” The statement I heard several times was, “This will be a great buying opportunity but I’m not going to be the the first one in”. I agree. This will be a great opportunity and I’m getting my buy list together. In the short term I’m expecting a short relief rally ( sucker rally) and then a resumption of the new trend, which is down. We are now in a corrective market. If you have your retirement money in a 401k and are getting worried you need to understand markets correct every now and then. We are only a week away from all time highs and only 8% off those all time highs on the S&P. Several weeks ago I suggested that you shouldn’t get too excited until the Price of the S&P breaks the 50 daily moving average, the 100 dma, and then the 200 dma. If you look at the chart below you can see how spooked the market is now. We have broken the 50 and 100 dma but not the 200. We also have not had the 50 ma cross down over the 100 or the 200 ma. So try not to worry too much but watch the news and watch this chart for those cross overs. If you get too concerned call your financial person. I’m sure they can give you more pertinent information and guidance. If you look look at the chart below you will see the RSI at the top of the chart is getting into oversold territory and the MACD is getting there as well. The major indices have been down 5 days in a row. Hopefully after President Trump’s Press Conference today the markets calm down some and we get that relief rally. For those that are interested, a few companies that are fast tracking vaccines and drugs to fight this virus are, MRNA, GILD, REGN, and APT which makes face masks. All are up considerably the last few days so don’t go buying em tomorrow. Wait for a pull back. I am giving the board this information based on my years of trading experience. I am not your financial advisor and as always do your own due diligence. I am writing this post to hopefully alleviate your concerns and what to look for in the coming days, weeks, and months. I am Day Trading what I’m seeing but not starting any new Swing trades or Investment Longs at this time. Good luck and be patient in your trading /Investing. 3 8 5 Quote Link to comment Share on other sites More sharing options...
Shedagal Posted February 27, 2020 Report Share Posted February 27, 2020 Thank you, Pitcher!! 1 Quote Link to comment Share on other sites More sharing options...
aj1 Posted February 27, 2020 Report Share Posted February 27, 2020 Thanks to Adam and Pitcher for the nice analyses!! 2 Quote Link to comment Share on other sites More sharing options...
psdon Posted February 27, 2020 Report Share Posted February 27, 2020 👍Adam 1 Quote Link to comment Share on other sites More sharing options...
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