The Daily Ninja 6/28/24
Updates From The Economic Ninja
(6/27/2024)
🌀 The current economic situation is like being in the eye of a hurricane, calm before the storm hits from a different direction.
💰 Data sources like St Louis Fred show that nationally home prices have fallen 8%, the same amount as the entire Great Recession, but the metrics have been changed to hide this information.
🏡 Real estate is the main difference between wealthy and poor people when it comes to investment vehicles, offering five different ways to make money.
🔥 The nation is being robbed through taxes and inflation, with people unaware of the impending consequences.
🏠 The current economic situation presents an opportunity for those with financial stability to build up their resources and invest in real estate.
💰 Leveraging a bank's money at the bottom of the market can be a valuable strategy for real estate investment.
📉 The current housing market cycle is leading to panic and short sales, impacting those who can't pay their house payments.
👥 "The people that have understood that are the kind of people I want to be around."
(6/27/2024)
📈 Technical analysis is a picture of history and the charting of emotions, reflecting human emotions in investing.
📈 Identifying patterns like triangles can be a useful strategy for traders analyzing XRP price movements.
🎲 The head and shoulders pattern breaking the neckline can result in an 80% chance of a price move in that direction.
📉 "Investors buy when prices are going down and they buy it based off of future technical analysis and future fundamentals."
📉 The correlation between stock market and crypto is increasing due to the invention of ETFs, creating more risk in the market.
📈 The 200 day moving average is one of the first things to look at when analyzing XRP price movement.
📈 The speaker uses various indicators and patterns, such as the trampoline and purple nurple, to predict the movement of XRP.
🎲 Understanding the difference between technical analysis and fundamentals is crucial in trading, as 133% is still 133% whether it's a win or a loss.
If you’d like to get J Bravo’s Swing Trading Course click here.
(6/27/2024)
🍔 McDonald's CEO admits that people are rejecting plant-based meat, calling it "disgusting and possibly even toxic fake burgers and sausages."
🍔 Despite inflation, McDonald's coffee is still cheaper than its competitors like Starbucks and Dutch Brothers.
🐮 The tide is shifting against billionaires like Bill Gates who advocate for a reset of the food chain by ushering in sustainable insect burgers and plant-based meat.
🤒 McDonald's reflects the health or sickness of the economy.
Keep Crushing It!
-Ninja Out





