Purely hypothetical. Next stop could be around .85. Had a corrective wave so could be set for the next leg higher.
Check out BTAL as an option for an alternative allocation for your portfolio. CVSIX if you can access mutual funds, BTAL if you can't. Both are market neutrals. As we top out in the market, alternatives become more and more crucial to protecting your portfolio and furthering the gains. *This is not investment advice, do your own due diligence*
50-day EMA holding as support for this trend. I see the trend continuing with ETH's market cap catching up to BTC's. Fund Strat put a $10,000 price target on Ethereum for this year
Not only is TAP extremely attractive fundamentally, now the technicals and external catalysts are there. Morningstar just named it one of their top stock picks of the year because of its selection by some of their most respected managers. Morningstar is a non-bias third-party research firm that most advisors use to help keep track of their models, clients'...
As markets churn sideways with increasing uncertainty based on a potential correction and non-transitory inflation has caused the vix to break its' downward trend. Play the vix through VXX or UVXY. VXX is 1x levered, UVXY is 1.5x levered. Gives you volatility protection to varying degrees depending on risk tolerance.
Gold in an upward trending channel, DXY in a downward trending channel. The dollar will continue to weaken as the government spends more and inflation heats up. This will continue to fuel gold higher. Long gold, short the dollar.
Looks ready to take-off. Previous all-time highs were in the 400s. Global travel is opening up and airlines need more aircraft that are efficient.
Elon and the SNL cast will undoubtedly mention Dogecoin which will send it flying. I have been accumulating coins in anticipation of a large run-up into May and on that Saturday night when Elon Musk hosts. Every time someone mentions it whether it be Ellen/Mark Cuban or Slim Jims, it seems to fly. Just a hypothetical if the first impulse were to repeat. I copied...
Stopped at the 100-day moving average literally to the penny which should hold as strong support. The mustang mach E is going to do very well and require very little ad or marketing spend. And when they release the electric F150 it will go gangbusters. They had blow out first quarter earnings but are just trading down because of confusing guidance and bad price...
Chart says it all. Should trade up into earnings. Once the Amazon engine deal starts paying dividends they'll have some real earnings. I assume this is the first of many orders. Hopefully will use 21-day EMA as support going forward. Natural gas engines are more environmentally friendly so it will help companies reach emission and ESG goals. seekingalpha.com
The shorts appear to have sized up so this is looking riper than ever for a pop. www.marketbeat.com
AMZN looks poised to breakout after a long period of consolidation. Waiting for it to break above the channel and close with at least one large bullish candle before initiating trade. P/E ratio has compressed. Now at 80.7595. AMZN could easily hit $3,750-$4,000. "The bigger the base, the higher the space"
The last of the block trades have been fired off. You can make a lot of money with contrarian trades; buying something everyone hates or buying when there's blood in the streets. There's plenty of VIAC's blood in the streets and I'm 99.99% positive there's none left to spill. Buying long-dated calls and stock tomorrow. Appears to be bouncing off 200-day MA. VIAC...
Bullish H&S formed on SOS. Consensus-based on social chatter shows that people have been sizing up their longs. Go long, load the boat with both fists full
Let's go! Bulls are in full force; here she goes. Meme it to the top. Defi for the win
"One or more traders laid out a roughly $40 million bet that the Cboe Volatility Index - often called Wall Street's fear gauge - will break above the 25 level and rise towards 40 by mid-July," finance.yahoo.com Try to play it with VXX for 1x leverage to the vix and UVXY for 1.5x leverage to the vix. It is a good way to have some volatility protection.
After 9 months of consolidation and going pretty much no where, NFLX looks primed to pop. With earnings around the corner and whisper numbers indicating EPS of $3.04 beating the expected $2.97 it provides the potential catalyst that could cause a break-out. It has severely underperformed its peers; using the XLC as a proxy for it's peer group and DIS as a direct...