Good afternoon everyone, This is my first post on this account but I have been spending the last four years or so analyzing technical analysis on equities, futures, and crypto currency. Almost all of my published ideas will be based on the following three principles/rules. 1. 1% Risk: This is the most important rule in my trading technique. No one should EVER...
NYSE:UWMC ENTRY = 9 - 10.50 1st target .5fib@11.81 2nd Target = .618fib@12.43 HODL Target = 14+ ______________________________________________________________________________________________________________________ This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading...
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Buying to Open 19FEB21 20 @1.35-1.50 Watching the 1hr for oversold entry in the 19.56 area. Entry Target = 19.56 1st profit Target = 236fib @22.60 2nd Profit target = 382fib @24.14 HODL Target = 618fib @28.06+ ______________________________________________________________________________________________________________________ This content is for informational...
Bull Case: Technically: 1. AO divergence 2. Stoch oversold 3. Vol spike 4. Consolidation / Accumulation between 20-21 Fundamentally: 5. Forward P/E 11 6. 60% institutional ownership (croweded?) Last Earnings results: -Closed origination volume up 122% year-over-year to a record $89.0 billion -Increased GAAP net income 506% year-over-year to $3.0 billion -Announces...
Thanks for viewing, Wow, some interesting keywords in their business description; - LEVERAGED buyer of CMBS products (as you know, leverage works both ways. To juice gains or to ensure out-sized losses), - ADJUSTABLE-RATE mortgages (I suppose not so bad - unless interest rates increase which to be fair seems unlikely right now), - office buildings, retail,...
Stock market - Against all odds, S&P index has risen almost 32% since hitting a low for the year on March 23. The fact that it happened after a ferocious plunge of 35% between Feb. 20 and March 23, the most devastating sell-off since the great depression, made the feat even more remarkable. As a matter of fact, the market posted its best quarter since 1998,...
As I predicted in my published idea on the 5th of June, IVR broke the 5$ resistant strongly. At the moment, IVR is going back to the 5$ to test the price again. However, I believe this price mark will act as a trampoline. If you are familiar with Fibonacci Retracements tool, you will notice that the 12$ was around the 0.618 mark of Fibonacci tool. And in my...
I want to see where the price was going and where to sell it. The convergence of several intersections happen to be at the same time as the end of the free money from Cares act. For me, anytime this is at $4.11 might be a good exit point. This is also the consolidation convergence where it may spike or tank. I was hoping for north of $6 but it might not happen. If...
IVR has been heavily oversold, down 80%+ from its all time high. This is an inverted chart, looks like a head and shoulders formation.. the sun will hopefully burn all shorters :) I bought calls, Good Luck!
My previous version of this chart had a US/China trade "deal" leading to higher rates. This happened. However, the China virus out break has shocked the market and many are doubting China's ability to meet trade obligations. Plus, this virus is scary as hell. I mean, flu with modified HIV like? Is this weaponized Flu aids? Glad I'm in the middle of the US.
This is an update to previous ideas charted at New Years 2019. The 10 year yield has been following the path of lower yields in a lock step fashion, however the pace of declining yields is concerning. The 3 day looks like Niagara Falls Where do we go from here? Currently, the 10 yr yield is in the middle of the 1 (1.32%) and .786 (1.734%) retrenchment...
We chose this REIT as it has low P/E ratio 9.31 and price is flat however it is good to time entry. Great opportunity to buy this stock right now as RSI hits oversold territory. Since 2017 this stock is trading between 6.8 USD - 5.45 USD. We recommend you to buy this stock as it has dividend yield 13.47% per year and current price is appropriate for the first...
Looks like loan officers will be selling 2 and 3 percent fixed mortgages before long. ;) This is an update to my previous idea: If you're a fan of Fibonacci, then you're already well aware of the significance of the 1.618 and .618 lines. If you're not. Here's a super simple version. .618 retrace is the most likely level to see a "bounce" if the overall trend...
Especially if you just closed on a mortgage in October or November of 2018, you should call a Mortgage Lender now to compare rates. You may be shocked to learn how much you could save in interest over the life of the loan. For example, 0.5% lower rate x $300K loan balance is approximately $1,500 annually. Think about how long you may have your mortgage and the...
Nice multi-year consolidation. Assym triangle breakout plus pattern bull bias = long w/ size.
Looking at the 10yr treasury as a gauge for the overall rate environment and the revised GDP data, I'm predicting the US will see rates rise for roughly the next year before coming to a peak around 3.75% on the 10yr before beginning a new wave lower, just in time for the coming recession in the summer of 2019. Expect to see 30 year fixed US Mortgage rates above...