Bob Loukas πŸ—½ (@bobloukas) 's Twitter Profile
Bob Loukas πŸ—½

@bobloukas

Position Trader, Opportunity Seeker. Vincit qui se vincit.

ID: 82172203

linkhttps://linktr.ee/bobloukas calendar_today13-10-2009 19:34:40

37,37K Tweet

340,340K Followers

414 Following

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One of those stretches where doing less feels like the right move. There’s not a lot of clarity on where things are headed in the short or even medium term. On one hand, equities just went through a 20% correction. That’s usually enough to shake out most weak hands and tends to

One of those stretches where doing less feels like the right move. There’s not a lot of clarity on where things are headed in the short or even medium term.

On one hand, equities just went through a 20% correction. That’s usually enough to shake out most weak hands and tends to
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Bitcoin isn’t moving like it used to with the Nasdaq. It’s clearly showing some relative strength. Volatility has been pretty tame too, especially considering the panic we’ve seen in equities. That said, the correlation still matters. It suggests we could be heading toward a

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Just sent my silent business partner his annual profit check. He did really well. #April15th Not a bad gig for them. No money down, no downside and unlimited upside..

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Insatiable demand for gold continues. And this bull market is young too. The gold ETF - GLD still holds 300 less tones of gold than it did in 2020.

Insatiable demand for gold continues. And this bull market is young too.  

The gold ETF - GLD still holds 300 less tones of gold than it did in 2020.
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Time flies my friends. My son will be 20 later this year. Just $250 a month in a dividend reinvestment plan is now worth $353,000 and earns almost $10,000 in dividends. By all means swing for your fences. But don't ignore the tortoise.

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Stocks are on week 14 with a couple months left. Still a sell the rips market. Best case I'm assuming is a retest of the lows to end the cycle.

Stocks are on week 14 with a couple months left. Still a sell the rips market.  Best case I'm assuming is a retest of the lows to end the cycle.
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$HUI - Gold bugs (miners). Monthly. People ask how to play gold. Too late for bullion imo. Best way is via the miners, GDX - GDXJ. The margins get really juicy for each $1 increase in gold. And the forward multiples expand.

$HUI -  Gold bugs (miners). Monthly.  

People ask how to play gold. Too late for bullion imo. 
 Best way is via the miners, GDX - GDXJ.  The margins get really juicy for each $1 increase in gold.  And the forward multiples expand.
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gm. Happy Monday. Was about to state how Bitcoin is wanting to break the downtrend structure. Then I noticed Saylor bought another half bil.

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Gold move has been insane and is now going parabolic. This isn't a good thing (except for holders πŸ˜‰) An intermediate term trend top is very much on the horizon now.

Gold move has been insane and is now going parabolic.  This isn't a good thing (except for holders πŸ˜‰)

An intermediate term trend top is very much on the horizon now.
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Really don't get this "destroy world trade" to build more locally tariff idea that "free market" loving people blindly support. It's the type of thing only commies and socialists have always tried and failed in. Protectionism.

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If the Weekly on Bitcoin can close out the week above $89k then it's likely an early Weekly Cycle with plenty of time (10-15 weeks) to move higher.

If the Weekly on Bitcoin can close out the week above $89k then it's likely an early Weekly Cycle with plenty of time (10-15 weeks) to move higher.
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Gold - Type of reversal (off a blowoff) that often leads to a Cycle Top. Weekly Cycle is way due a top. Careful in any gold leverage now, it has given way more than enough the past 4 months.

Gold - Type of reversal (off a blowoff) that often leads to a Cycle Top.  Weekly Cycle is way due a top.  Careful in any gold leverage now, it has given way more than enough the past 4 months.
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The point is that your wealth was secured and did not lose purchasing power for 533 years or 20 generations. Through countless fiat system, resets, regime and empire changes. This is the only value for gold in investment terms. Anything else you’re trading bull periods.

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gm - Happy Monday. Nice weekly close for #bitcoin. Confirms a new Weekly Cycle. In a bull 4-yr cycle uptrend, we should be resuming the bull trend with this confirmation. Weekly Cycles rise for 15 weeks on avg, here is just week 4. This is a phase to be bullish again and trust

gm - Happy Monday.

Nice weekly close for #bitcoin. Confirms a new Weekly Cycle. In a bull 4-yr cycle uptrend, we should be resuming the bull trend with this confirmation.  Weekly Cycles rise for 15 weeks on avg, here is just week 4.

This is a phase to be bullish again and trust
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Wouldn't bet against such a strong move, but Gold should be in the corrective phase of the Cycle now. Typically a retrace of the final surge is in the cards, at a minimum, but maybe more. Should have no impact on the broader bull market it's in.

Wouldn't bet against such a strong move, but Gold should be in the corrective phase of the Cycle now.  

Typically a retrace of the final surge is in the cards, at a minimum, but maybe more.  Should have no impact on the broader bull market it's in.
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This Thursday at Primary/Station3 - Monthly β€œopen” Coworking day for founders and engineers in the AI Space. See invite below. partiful.com/e/YvCewMW01HuO…

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Still a good gap between market pricing and recession probability, especially after the recent bounce back. 2022 recession scares didn’t pan out, but have to think this environment is far more volatile. Staying defensive in stock allocations for now.