Keeping my eye on SPOT here for a possible breakout post-earnings.
Primarily because of the 2020 campaign that Spotify has been on to increase their members by bringing in high-profile podcasters.
2020 Q 3
> In comes Joe Rogan.
10,000,000 YouTube subscribers and has claimed on more than one occasion that his audio-only podcasts generate 4-5x the...
This may take a few weeks to play out.
Let me be clear, my bias here is bullish, I think BA is more likely to continue to appreciate from March lows than they are to further depreciate with more news about their 737 planes.
On smaller timeframes price is reaching oversold levels and technicals are suggesting that this zone is a good opportunity to buy.
Sure the recent earnings were 'good', but this price is unsustainable in my opinion.
If TSLA is really now eligible to be added to the S&P500 Index, would hedge funds and investment firms really buy it at ATH?
Me thinks no.
Fire sale it and trap the longs for a few weeks before loading up and getting a good entry for the next run.
What would you do if you...
Just a trading idea, not trading advice.
Quit the shock of a move over a little bit of virus fear that will almost certainly soon blow over.
Not even 100,000 recorded patients infected to date, with a world population of over 7,700,000,000.
Some predict further, some predict recession, some predict the end of the world.
At least in the short term, I predict a...
Wells Fargo has earned itself quite the rap sheet over the last 4yrs, and this is only the stuff that they've been caught with. - finance.yahoo.com
Q3 & Q4 2019 Earnings both missed expectations, and a lower guidance for 2020 has been provided.
If they can maintain expectations at or above...
Casper Mattress Company has just recently IPO'd and has had a less than ideal kickoff to their share price performance.
However, Casper is filling a niche spot in the market being that they can ship their product directly to your door in a package that is easy to transport around the house until you wish to unravel it in a bedroom.
I think we can all share some...
Similar to my AUDUSD idea, I have technical reasons to believe that GBPUSD is about to make a swift move downward.
Short term bear trend here has been obscured by absorbent buying on each attempt to flush out longs.
On Weekly timeframe you will see a just recently posted bearish engulfing candle.
On Monthly timeframe you will see a just recently...
Although I believe that Boeing is one of the stronger performing companies historically in the grand scheme of things, and though I also believe that they will be releasing some cutting edge technology in the next decade, I'm skeptical of the current value due to so much of the 737 drama over the last year.
Boeing has been selling less and less planes and what...
Although AUDUSD has had a strong move up during this week, looking at the Monthly chart continues to suggest a bearish move is about to continue.
I'll be looking at the approaching lower-high levels for a short opportunity with 1:5 R:R.
This is just an idea, trade your own plan.