Audacity618

Audacity618

Emerging markets and in particular Brazil have been on a bad losing streak last several months as appetite has soured for global growth. Short term bear rally potential for short term swing.

Audacity618

Headline Risk has create great dip buys on the DIA which is the most sensitive to tariff news.

Audacity618

TWTR with a monster run this year climbing over 80% ytd, and with such gains a log-scale makes more sense in detecting resistance and support trend lines. The pitchfork seems to be reliable here on the log-scale. With RSI at all time high and such quick rise over the last 45 days resembling a FOMO melt up, this make a solid short term contrarian play.

Audacity618

I like this short term AB=CD pattern to 257.85 which also happens to be the February high mark. Small Caps broke their highs last couple of weeks, then the tech sector joined, looking for Dow to be in catch up mode. position: short dated ITM call options in $DIA

Audacity618

Quarter-year, Half-year and Yearly ROC showing bearish reversal signs. Down to lower trend line. Purely technical setup on high-growth stock.

Audacity618

trend and harmonic analysis.

Audacity618

oversold and capitulated. Bounce play with 1 month call options.

Audacity618

Tech looking poised and strong while coiled over an 8 day trading period. Looking for a continuation in XLK.

Audacity618

There's a reason TSLA is one of the most hated stocks on wall street (~31% float shorted) which boils down to free cash flow and net debt load. It appears the more cars Tesla sells the worse the cash flow. This is really an interesting stock to watch over the next few quarters. If TSLA has to raise cash it would probably be dilutive and harmful to common share...

Audacity618

Tesla has to pull off a scary turn around next few quarters to avoid dilutive capital raise with terrible FCF burn and sluggish production of model 3. Not to mention looming debt maturities totaling +$10B and future competition making news. Looking to test ~250 lows.

Audacity618

A lot of Bearish News has kept the stock market suppressed: core-inflation spike, Consumer Staples sell off, Trade wars, rising interest rates, 'not good enough' earnings season. Playing contrarian in hopes market spurs short covering from demand zone.

Audacity618

Consumer Staples slump due to amazon effect, higher interest rates, weak earnings performance, trade wars. Multi-year technical support level and divergence in recent drop from all time high. Value managers buy the dip. Play the bounce.

Audacity618 Updated 

Fundamental: Cash crunch worries as Model 3 plants undergo upgrades and requires 24/7 time frame to meet production goals. Technical: Retest lows in downward pitchfork channel.

Audacity618

Weekly PSAR trigger for bullish MACD & RSI. First Target $14.

Audacity618

I'm predicting some moderate profit taking after a historical run from the Dow. This week appeared to be a weekly shooting star with little movement in this week leading up to the signed bill. Some announcements this week from companies pledging to increase wages... will it be enough to keep investors appetites at these levels? I'm trading the 3x Inverse Dow Jones...

Audacity618

1) Evening Star before earnings. 2) 1-month and 3-month return change is unsustainable and in my opinion setting up for a black swan earnings potential. 3) When viewing from a log view it's now above upper channel. -Execution: Small position of OTM put options w/ less 1 month expiration.

Audacity618

Historical low RSI in recent period from a toxic news cycle about norovirus outbreak in Virginia. Play the Bounce till RSI Recovers near 60-70. Couple of Resistance lines drawn to track price action. Eat The Burrito.

Audacity618 Updated 

- Dovish/Neutral Fed - Weaker fiscal stimulus forecasts