Alex Vieira Downgrades Deere and Warren Buffett Portfolio Junk
Deere downgraded in 2019 to invest in Tesla which became the world's best stock performer as Alex Vieira forecasted
waiting for a retrace to the 171 area to start accumulating long deltas be it long stock, long call (90 DTE or further recommended) or selling puts. It's breaking out of a nice multi-month rising triangle
We purchased an at the money straddle for a small debit of only 3.22. This trade is notably cheap because the IVR is extremely low: 2%. Being a long straddle (buying the calls and puts at 165), we are giving ourself unlimited profit, risking a limited $322 per contract. We take our neutral position because of the positive characteristics of the trade itself, but...
In the middle of May, Deere reported earnings during what was a massive cascading sell-off in its stock. Their main issues for poor guidance were the China tariffs and the fact that they had begun to hurt the revenues of farmers and therefore the machinery that Deere sold to farmers. The stock took yet another spill after earnings and managed to bottom around...
Deere & Company is one of the last to report earnings of the Dow 30 components today. High Frequency Trading firms (HFT) focus on blue chip earnings reports. DE is holding above the topping completion level for now but remains in a volatile trading range. All black lines on this weekly chart were drawn in the last quarter. Bounce support areas are defined in...
Could be an upswing on the monthly. Bought 165 Jan calls.
$DE Deere & Co. looking oversold at lower support line of falling wedge. Long term gap from November has been filled. See short term upside back to mid to upper $140s. Longer term outlook not good, falling below 200 day ema today.
People are really stupid! STRONG BUY. How many times did we repeat the same? People are REALLY STUPID! COVER! STRONG BUY
Refer to the previous chart with recommendations to double investment positions - $300 million dollars profit. Vieira and Buffett invested in Deere long-term Wall Street downgraded Deere at bear market prices ahead of the bull markets as investors were warned
DE has just broken below the 9 day and 50 day MA and has ended on a BE candle. The RSI seemed to be trying to break above the 50 level, but it got rejected. It's been hovering back and forth in the same range for a while now - I'm tempted to take a sell position, with a SL of 110.20 -