Almost there in our countdown! 🥳
NUMBER 2: Long ExxonMobil
ExxonMobil and other major oil companies benefited from higher oil prices in 2022, as chronic global underinvestment in extraction & processing facilities led to a spike in prices.
Additionally, post-pandemic demand for energy recovered more quickly than many expected.
To top it all off, the sanctions on Russia earlier this year have also exacerbated global supply shortages and led to soaring profits for ExxonMobil and its peers.
These massive profits have led to huge gains for global oil giants, and this theme remains one of the best long trades of the year.
Tomorrow, we release the best trade of 2022! Don't miss it 😉
Almost there in our countdown of the best trades of 2022!
NUMBER 3: Long U.S. Dollars
The dollar saw one of its strongest years ever as the Fed was the first major central bank to begin tackling the pesky problem of persistent inflation.
As the federal funds rate was hiked over the course of 2022, USD interest rates became more and more attractive vs. global counterparts, leading to a massive shift in global capital, and massive outperformance for USD holders.
Major currencies like the Yen, Pound, and Euro have all sunk this year vs. the dollar.
Tune in tomorrow for Number 2! 👀
Coming in at NUMBER 5: Short ARKK 📉
As monetary tightening continued throughout 2022, many growth stocks got hit as the present value of their future profits shrank inversely with increasing risk-free interest rates.
This was doubly true for high growth companies that had no profits to speak of, like many of the holdings found within Cathie Wood’s flagship ARKK Innovation ETF.
Her fund, famous for its early bet on Tesla and massive outperformance in 2020 and 2021, is currently sitting down over 60% on the year.
We're back from holiday hiatus, and it's time continue the top trades of 2022 countdown! 🥳🥳
NUMBER 7: Short Meta
Meta, formerly known as Facebook, has had a transformational year.
Late in 2021 the company announced its rebrand to Meta, meant to underscore its business shift to Augmented and Virtual Reality.
This new focus meant billions of dollars into R&D, and an uphill fight convincing the public that the Metaverse really is the next big thing.
Investors haven’t taken the news well, dumping the stock from more than $300 per share, to, at its lows, $88. Also hurting performance; declining user numbers for its legacy products, and rising interest rates.
Up next on the best trades of 2022 countdown -
NUMBER 8: Short Treasuries / Long Yields.
As the Fed continued to raise rates in 2022, government bond yields rose in kind.
And, as bond yields rise, bond prices fall.
TLT, one of the biggest ETFs for long-dated government bonds, is down more than 28% on the year so far, underscoring one of the worst years for bonds on record.
While the effects of this move were felt across all asset classes, one of the top trades this year was shorting bonds themselves in all of their various tradable packages.
Tune in tomorrow for number 7 - it's one you probably already know 😉
Let's continue with the best trades of 2022 countdown!
NUMBER 9: Short Coinbase.
Coinbase IPO’d in April of 2021 at around $380 a share, making the premiere U.S.-based crypto exchange one of the most valuable financial companies in the world.
Fast forward to 2022, and it’s been a completely different story. Crypto’s total market cap topped in November of 2021 as the Federal Reserve began hiking interest rates, and 2022 has been nothing short of disastrous for the asset class.
The biggest crypto assets - Bitcoin and Ethereum - are sitting down more than 60% on the year, and the high trading volumes that defined the speculative frenzy in 2021 are nowhere to be seen.
Not to mention the Luna & FTX blowups which had far reaching consequences across the ecosystem. Coinbase is still kicking, but with a stock that’s down more than 80% on the year.
Tune in tomorrow for number 8 😏
Hey everyone! 👋
There's 10 days left in 2022, which means it's time to count down the top 10 trades from this tumultuous year.
We'll be releasing one per day, so be sure to check back for regular updates.
Ready? Let's begin!
NUMBER 10: Short Beyond Meat (BYND) —
Shares of Beyond Meat had a rough 2022.
The fake meat behemoth’s losses have widened, and investors have questioned the basic unit economics of the company. As a result, the big brand’s market cap has suffered.
More specifically, the company has seen three quarters of negative gross profit, which means that it currently costs the company more to make their fake meat products than they get from selling them.
And that's even before taking into account marketing, administrative expenses, and more. 😬
As a result, keen eyed traders would have been able to make a huge gain from the company's poor performance, feasting on the 80% drop in share prices since January 1st.
Check back tomorrow for number 9!
Yesterday:
Amazon is the first company in history to have a $1 Trillion dollar drawdown in market cap. 🤯
Nasdaq 100 performance by year:
2008 -41%
2009 +54%
2010 +19%
2011 +3%
2012 +17%
2013 +35%
2014 +18%
2015 +8%
2016 +6%
2017 +32%
2018 -1%
2019 +38%
2020 +48%
2021 +27%
2022 -30%
It has been the worst year for the index since the financial crisis 👀
The Federal Reserve just raised interest rates by 0.5%.
Here's the market reaction in Stocks, Gold, Bitcoin and the Euro:
@kivancozbilgic Introducing LonesomeTheBlue: https://t.co/6rsJzZVHte
He writes in elegant code and is always creating new ways for people to study markets from the Tweezers and Kangaroo Tail to the Volume-Supported Linear Regression Trend.
Meet and follow Duyck:
https://t.co/Oj58AkVhLC
His “Trendlines” script is a legend in the Public Library, but he has a myriad of other, clever indicators. Look for any script publication with “JD” in the title.
This list was created with a market cap of at least $2 billion.
You can create your own custom scan here: https://t.co/Q4NVmkbR7k
NUMBER 4: Short FTT 😭
FTT investors have had a rough year. Throughout most of 2022, the general crypto malaise hurt the token as reduced trading volumes and profits from FTX led to lower buy-and-burn numbers.
Then, in early November, whispers began that FTX wouldn’t be able to back withdrawals for users.
Over the course of the next week and a half, FTT dropped over 90% as it became clear that FTX had loaned out user deposits to other SBF related ventures, using FTT (its own token) to backstop user funds.
As the price fell, the house of cards came tumbling down, rendering FTT ostensibly worthless.
Tune in tomorrow for Number 3! 😉
Up next 👀
NUMBER 6: Long Natural Gas
Natural Gas has seen a similar supply and demand situation to oil. Heightened demand coupled with stable supply led to gains for the commodity early in the year.
However, with the advent of conflict in Ukraine and sanctions on Russia, shortages, especially in Europe, led to skyrocketing prices as members of the EU scrambled to figure out how they were going to provide energy to their citizens in the coming winter.
The Nord Stream 2 pipeline shutdown and explosion also put further stress on supplies.
TradingView Desktop 2.0 has arrived!
- In app volume control 🔊
- Tons of bug fixes 🪲
- Smoother, faster, and more efficient ⏩
Plus, a massive thanks to the 1m+ users who enjoy using the desktop app every month. 🥳🥳
Read more here: https://www.tradingview.com/blog/en/tradingview-desktop-2-0-35634/
Introducing: Minds! 🥳
Social media has evolved to become an essential tool for traders and investors.
Today, we’re thrilled to announce the next step in that evolution. 📈
Learn more about our huge update: https://www.tradingview.com/blog/en/introducing-minds-35320/
Nairobi Securities Exchange data is now available on TradingView! 🥳
Chart Kenyan stocks and get a view into the country's financial markets with this new integration. 📈
Get all the info here: https://www.tradingview.com/blog/en/nairobi-securities-exchange-comes-to-tradingview-35343/
Pine Script™ now supports Objects! 🥳🥳
- Create objects that store variables 📦
- Build far more advanced tools and strategies ⚒
- 𝙏𝙮𝙥𝙚𝙨 with multiple 𝙁𝙞𝙚𝙡𝙙𝙨 ✅
Pine Script™ is now more capable than ever before.
Learn more here: https://www.tradingview.com/blog/en/pine-script-does-objects-35230/
Binance Futures, the world's largest and most liquid crypto futures exchange, has officially launched on TradingView! 🥳
You can now manage and place orders in your Binance Futures account directly from our world class charts. 📈
Learn more here: https://www.tradingview.com/broker/Binance/?utm_source=linkedin&utm_medium=social&utm_campaign=tradingview
We’re pleased to welcome FXOpen into the ranks of our integrated broker partners. 🥳
Trade currency pairs, indices and more in your account, all from our award-winning charts. Complete with a true ECN model & no dealing desk. 📈
Learn more here: https://www.tradingview.com/broker/FXOpen
Say hello to @kivancozbilgic: https://t.co/2qHgcVy3iA
He's a tireless educator who provides practical indicators and strategies. You've probably heard about his script called SuperTrend.
Meet Our Pine Wizard Nominees for 2021 🧙♂️
These coders publish open-source tools for all traders and investors. They share freely, help others, and contribute to the Pine script community.
https://t.co/5dpvsSVeN3
The 10 best performing stocks YTD
1. $ZOM +1,018%
2. $GSAT +490%
3. $SNDL +413%
4. $EH +360%
5. $DDD +352%
6. $TLRY +350%
7. $MARA +244%
8. $TIGR +236%
9. $FUTU +231%
10. $CCIV +231%
Notice anything?
We hope you enjoyed this quick thread about creating your own custom chart layout.
The key is to build something unique to you and specific to your process.
Please let us know if you have any comments or suggestions. ❤️