First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. For those who sold off last high like the rest of the pros, congrats! Now it looks like Marriot is at the stock price of a dip, and lowest it can likely go may be $85, but I think it has been beat up quite a bit. I can expect this to likely...
BKNG has just rebounded off its recent 1D pull-back on the 1D MA50. As in 2016, the recent top was made on the 0.786 Fibonacci retracement level. We expect a slow rise towards the Lower High of the Bearish Megaphone and if crossed aggressive rise to new ATH.
** If you like our free content follow our profile to get more daily ideas. **
Comments and likes are...
This is another example of a price gap being closed by future price. I believe MGM will go back to under 10$. Does that mean you should sell everything. Absolutely not. Keep some in the trade, possibly take some out and wait for it to go lower. Or if you have more money don’t be afraid if it goes back to under 10$. But personally I’d cash some out of the trade and...
Bail Repo Market
Bail Euro Market
Free Money for everyone!!!!!
None of these methods have done enough to quell investor's fear. And deservedly so. There is no end in sight to this CoronaVirus, unless the summer heat "magically" kills off the virus.
Prolonged stretches of forced social distancing and furthermore travel ban will affect the hotel...
My most recent post was also about Accor(AC), and since the most recent news about Marriott I'm assured we have a long way to go. with Mariott now down with 65% which I estimate will bounce between 5-10%. this realistically still leaves room for another 10-20% drop for Accor hotels. take my news as you want, but Accor made big investment into buying another hotel...
Went through the balance sheet again and again and the properties are solid and debit is very low
Net equity per share is much higher than current price not included the dividend paid of 12 % now
It is not a Real estate crisis yet pricing as such
Well I went in and will add along the way
I bought the June $200 calls today, which provided the right amount of delta to have my stop below today's gap up candle.
On the daily you can see that this gap is a gap-n-go since traders were shorting for the past 3 days (black candle gapping up). If we go higher, the bears will be forced to close their positions or take some serious pain.
BX Bottoming Process + High Vol Support + IPOs to Resume + Private-Equity / Venture-Capital to SUCCEED. Great Dividends. Put Sell and Call Sell while making money on Dividends. ALL of this without owning any apartments or hotels or office space. I am long the stock right now, but getting ready to do a Call sell on it since up move seems to have ended as of...
There are three reasons for MAR shares to go up:
1. On Wednesday MAR reported earnings which have beaten the expectations
2. MAR is about to close the deal on acquisition of Starwood Hotels & Resorts Worldwide which will make Marriott the world's largest hotelier
3. Technical analysis is on the bullish side