Golfistry

Golfistry

On April 6th, Medtronic announced that they will produce ventilators in Foxconn new Wisconsin plant. Stock price shot up high. Unfortunately, a bearish RSI has appeared and also Medtronic promises to keep the ventilators' price lower than normal pricing before the pandemic. What if covid-19 started to decline and the demand for ventilators rapidly decline? ...

Golfistry

It is about to Lose Momentum and Turn into a Falling Knife. There is no reason for this company to soar while the whole market is crashing. I believe $29.99 is more of a true value for this company's stock price.

Golfistry

Bull run might be going for a few more months but a flying bear with a nose dive is definitely coming.

Golfistry

In 2008, WTI went up as high as $145 per barrel. In 2020, WTI could go as low as $9!!! Two digits difference. If WTI does go down below $10 a barrel for a period over 18 months, Russia might go bankrupted.

Golfistry

Jumping Along Fib 0.236 line of $96.34. Moving average is showing a upward trend but it could be tricky. Tight stop and look for range and swing trade opportunities.

Golfistry

We price are making lower low but the RSI is making higher low. A good chance we will see a bullish move in the next few days

Golfistry

Here is the link to where Raytheon lost a competition against Lockheed. www.defensenews.com Raytheon Missile Systems has signed a $1 billion deal with Aerojet Rocketdyne for Raytheon’s Standard Missiles (SM) for the next five years, Raytheon announced on March 26th. The reason why they came in with this agreement is because it will help to stabilize and lower...

Golfistry

Many analysis showed that one of the reasons why ELY is doing well is because of their smart investment in Topgolf. As the whole economy is tanking and higher unemployment rate is expected, Drive Shack, a main competitor of Topgolf, is taking a nose dive in their stock price. I see a correlation of ELY taking a nose dive following Drive Shack's stock freefall on...

Golfistry

Golf is a dying and declining business. Playing golf is like riding a bike, this sport definitely won't mixed well with high alcohol consumption while swinging on the range. High alcohol consumption will create greater liability to the establishment and higher risk of injure to customers. Drive Shack also have difficulty in shorten the cycle of repeated...

Golfistry

Personally, I believe the Dow Jones will fall into 16000 zone. I don't have anything to back me up on that gut feeling, but that is what my feeling is. Just have to be really carefully to buy into the dip.

Golfistry

If Coronavirus is not contained by March 15th, 2020, then Amazon stock will lose 40% of it's value shortly. Over 40 percent of Amazon's sellers are based in China. More than 50% of Amazon's products are from China. If no one is buying from Amazon, then Amazon stock will fall. As we see more and more hospitals are built in China, we will see more and more...