WiseInvestorClub

WiseInvestorClub

Adding to TLT here as rates likely will get cut sometime soon, which is being priced into the ETF as we speak. $120 price target from here to be hit in mid/end of 2024.

WiseInvestorClub Updated 

Bullish MACD crosses on this time frame have been followed by significant price rallies on NASDAQ:TSLA stock. Although we are approaching a previous unfilled gap and trend line , we still see further gains to come for $TSLA. If NASDAQ:TSLA can hold the current support of $264, it will push much higher. Targets (🐂 & 🐻) : 🐂 Targets : First Target ~ $289...

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Bull and Bear cases completely laid out in the chart. I am leaning Bullish as the SP500 has been super over sold because of FOMC as well as September is ending ( the worst performing month in SP500 history ), which tells me to go long for October and November ( the second and third best months in SP500 history ).

WiseInvestorClub Updated 

NASDAQ:AMD to aVWAP (YTD) @ $99 or so area Depends on FOMC and broader market reaction, but I see this as filling. Take NASDAQ:AMD $99 P 09/28 for speculation. I am long NASDAQ:AMD long term, but in the near term I see down side.

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Bull and bear Case have been laid out post FOMC I am leaning bearish after FOMC on AMEX:SPY

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NASDAQ:MRNA recently closed above a long term trend line (resistance) today on the 4 Hour chart. This is great news for NASDAQ:MRNA bulls. Today, NASDAQ:MRNA CEO says they expect sales to increase to "6 - 8 Billion USD" because of COVID and other generic flu vaccinations they are going to be selling. Could mean that vaccinations are making a come back (link...

WiseInvestorClub Updated 

Bearish in my opinion ... clear rejection of trend line, bearish indicators, 50 SMA < 200 EMA for several months now.

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NASDAQ:AMD could very well be a laggard to its peers... it is still well below its all time high which suggests that either the market believes that NASDAQ:NVDA is the superior market dominator for chip producing going forward with NASDAQ:AMD having little upside or that the market has not yet priced in the full effect the AI boom will have on NASDAQ:AMD ...

WiseInvestorClub Updated 

NASDAQ:NVDA is forming a bearish rising wedge and with September just starting (also the worst month for technology/Nasdaq listed equities), I believe NASDAQ:NVDA is heading lower. Similar to my AMEX:SPY analysis, NASDAQ:QQQ also performs the worst out of any month in September as per seasonality data. With a rate hike potentially around the corner this...

WiseInvestorClub Updated 

As in my previous posts I mentioned that AMEX:SPY , NASDAQ:QQQ and AMEX:IWM typically perform the worst in September. Tech stocks specifically have an average decline of 2.5% in September (as per 10 year average seasonality data on NASDAQ:QQQ ). A 25% drop is well below my $291 price target on NASDAQ:META , which has boasted a 110% YTD + return. I think it...

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It is no secret AMEX:SPY performs the worst in September. According to seasonality data, the SP500 returns an average (10 Years) of -1.64% in September. From current prices, -1.64% drawdown is roughly at $443, the same area(s) as my short targets at the 50 SMA and 200 EMA.

WiseInvestorClub Updated 

I am seeing AMEX:SPY in a bearish descending triangle. Price needs to break and hold either $445 (bullish) or $437 (bearish). See chart provided for more information.