GoldenCrowley

GoldenCrowley Updated 

Current valuation far exceeds earnings and revenue. Price clearly needs to come down. Too much speculation and liquidity in the system. Bears are finally giving up, which means this will no longer go upwards unmitigated. I expect a healthy 20-30% correction here. Earnings are coming up this August.... the forecast already knows they're going to be low. They...

GoldenCrowley Updated 

We should be finishing up this cup and handle formation over the next couple weeks.... Be ready to buy the bottom of this pattern so that you can maximize the huge bullish move into next year.

GoldenCrowley Updated 

This is the much needed correction. After an insane amount of green days.... the markets need to take a breather here. What better month than August to do that? Once this Market bottoms in the bottom box.... you do not want to miss this opportunity for the run up through Q4... SPY/SPX/ES could see ATH achieved during this next run up. Recession has been...

GoldenCrowley

Get ready for the ride of a lifetime on a Raytheon rocket exploding dollar bills all over your trading account. Massive dark pool buy in over 5 million last week. This one is good to buy and hold long term next 2 years. Why? We have a failing president with no support, and the best way to unite people is to start conflicts or wars that demand we stand...

GoldenCrowley

Now is the time to make some good money on shorting heating oil here... See the box for support. Too many people think this is going to go up... so here we are.... betting that it all comes crashing down.

GoldenCrowley

Watch this one closely to hit that trend line. If it bounces we could see it finally take out all time highs within the next 2 months HUGE gains.

GoldenCrowley

Classic text book C&H (cup and handle) formation... in this case we have classic Yin Yang Wave formation. Now its important to pay attention to the larger broader markets of SPY/SPX/QQQ as far as timing goes. There should be some opportunities the next couple weeks to secure a nice position here before this ship really takes off. All time high targets easily...

GoldenCrowley

This has been pretty crowded with people trying to sink their life savings into the bottom here. No clear picture how long we are going to range here in the accumulation zone. Small positions spot trades can be added when we hit the bottom channel, but the real play will be when it gets above this zone. That would be the time go all in for a long term CALL

GoldenCrowley

Baba was just the beginning. Wait until the rest of the chinese market takes off. Stimulus took longer than expected to boost the market.... delayed reaction now in full effect. Options play on this Nov. 17th $33.00 strike.... for $0.98 currently ...... easily a 2000% banger for fair value/price on this stock. Realistic target for stock price = $53.00

GoldenCrowley

Wow what a beautiful chart. Almost done with a full market cycle. You may know this as a "dead cat bounce" or the "ANGER" part of the cycle... lol.... but we haven't even hit depression!? woooooo lol. What this indicates is that ole Jerome Powell boy isnt done raising rates..... and he is for sure going to keep them higher for longer... the next couple of years...

GoldenCrowley

They'll just keep pumping them up.... they start to struggle? no problem here is some liquidity.... its really quite terrible, but this setup on the chart is bullish as much as I dont like it.

GoldenCrowley

It's almost time to go balls deep into bio tech... its going to be a big 2 years ahead of this one...

GoldenCrowley

Listening to the last earnings call we heard it over and over again.... weak retail... weak buyers... retail is dying. We need a health contraction. I don't suggest shorting this one... but once the bottom is in, it could be a fun one to ride to the top again.

GoldenCrowley

2024 Is going to bring some challenges during flu season. Best to buy in now when stocks are low..... and sell high later on... Enjoy

GoldenCrowley

This is for my own records... WEll is going down the hole.... fundamentals are bad... market is challenging currently... expecting a big drop within a couple months

GoldenCrowley

I just made this tonight as I was going over all the sectors. AMEX:XLE is about to drop off a cliff.... RIP $OIL...... when I pulled this one... I was stunned by the massive drop off.... massive sell offs occurring right now before our eyes.... Only dumb money left in the market....Markets as a whole are overbought currently..... XLB is indicating that we are...

GoldenCrowley

Liquidity is about to dry up faster than a death valley once in a 100 year thunderstorm. We are headed for some much need contraction and snap back to reality action. Watch for around June 18th for a massive pull back.....

GoldenCrowley

If you followed my previous post on AMEX:SPY , I called for SPY hitting $420 before heading down. It looked like we were going to run out of steam to even hit that $420, but luckily last week with the prospect of a debt deal going through we surged forward. But now it is looking like a world of pain is before us. Down we go from here until October.