Disney announces at investor day that it will charge $6.99 per month for Disney+ and $69.99 for an annual subscription.
Have a great day all!
Boeing has peaked for now on the news that 20% production will be cut.
MSFT is 28% off the lows, I expect more upside to come, however, the opportunity has diminished. There are better positions to chase currently.
Bit money has been moving into these stop options looking for higher prices in the next 10 days! This stock looks like a solid gamble for higher prices. Weekly chart breaking will trigger powerful 2-3 week rally.
Careful with Facebook, although bullish I believe there is more downside to come first.
"Boeing Company (The) is expected* to report earnings on 04/24/2019 before market open." Boeing has more downside, however, at a certain price there is value!
Data out this month show slowing business activity & new orders relative to the prior month, compounded with an unexpected slowdown in wage growth, forecasting a pullback from here with a complete patterns is logic.
This video shows a few simple and clear trade setups unfolding in the market for three very different sectors. Take a look, and if you like be sure to follow me here on TradingView!
Disney is a longer-term position with an expected target of $170. Content distribution as the driver!
He who speaks of preference will win the 2020 elections.
Quick update on Boeing.
1 to 1 target for Wave 5 would complete somewhere around $2,940. At present there is no opportunities to buy or sell the S&P 500.
API data released at 4.30pm EST on Tuesday show a "surprise" build, however, with expected weakness in hard data there should be no surprises. EIA data will either confirm or deny API's release.
Crude has reached and surpassed our expected target of $61.60 for a reversal. Look for weakness into the close of day today.
Recent price action in copper looks terrible.
Todays IPO for LYFT was rather successful, suggesting that UBER could possibly top the $100bn mark. However, its too easy to get caught up in the noise, an IPO is an exit strategy!
Facebook continues to trade as expected however, the decline might be halted at the 50% Fibonacci based on how the current structure is unfolding.