Kanon8260

Kanon8260

This thesis is not only technical . my thesis is that first economic growth around the globe is awful and even with china trade deal means nothing, because earnings are declining specially in Europe and china and once the euphoria, is over and currency manipulation by Japan Central bank and Us Treasury is over the market is gonna be terrible. also, i think we are...

Kanon8260

The thing is this is just two months of trading and spy already back to 200 SMA, The thing is the same thing happen in 2000-2001, so im will be ready with puts to short the biggest bubble in US History!!

Kanon8260

This whole rally to me is looks like like a bear bounce rally, dont get me wrong apple is a wonderful company and the whole trade deal hope, is more psychological and actual factual, the fact is that apple has a big declining sales especially in china, we have a global slowdown, and yet stocks are up, because of fed put, but i dont think this would last long term,...

Kanon8260

Looking a daily chart, i Know apple is an down trend, but, the is a possibility 175-177 by friday, why? wel on monday apple hit low 163.33, and bounce back to 170.09, then, thursday open higher $171.79 to low 167 then 171.92 and low 169.02, what and seeing is despite all the negativity and noise, there is big divergence in valuation for example microsoft is 37 B,...

Kanon8260

I dont want to be pessimist, but this chart of gold, is making me scare about 2019-2020 scenario, in the bright side, maybe adding some gold ETF, But is look like spy is going no where and gold could have one of the biggest rally when have ever seen in 2019-2020, Long Gold from here. it could go 180 in 2020 thats like 52% return in two years, maybe crazy but...

Kanon8260

What im clearly seing here is that BA was buy above the trend, obviously is going to be sell out also, im seing lower highs, so maybe it could back to $355-350 by the next week i bought a put $365 today at $366 and cash in tomorrow, patience is everything. GL to everyone.

Kanon8260

Baba is ridiculous undervalue, is the number retail in China, yes there a lot of noise and risk, about china dispute trade future, but if you are an optimistic person, like me and buy bargains this is the time of take advatange of fear, now is more clear with the down trend is broken, honestly i really think that this stock could really boom, to $175-185 level by...

Kanon8260

What i see here is that ascending channel could be start to broke, in the short term $dis could go back to $112 in the next couple weeks if breaks that level is going to test 108-112 level, new resistance $117.00 what i see is higher lows, looks tired the stock so maybe $115 puts Dic 21-28 or if you will to take more risk OTM $112 Puts Jan 2019. GL to everyone,...

Kanon8260

Cat, was one of the best performers in the past, and even they are raising forecast, every single Quarter, and yet this stocks has been sold of because of china trade history, honestly i think that this stocks is clearly oversold, and cheap, and what i see right now is that this stock is heavy shorted, and could cause a short squeeze also hourly chart is telling...

Kanon8260

Lets be clear NVDA despite horrible selloff from recent highs, was a result of overbought conditions, but right now is clearly oversold, and the current pattern to me looks like a ascending triangle, if breaks $162.53 levels go easy to $168-173 level in the coming weeks, BTW this company is still industry leader, every single gaming computer use NVDA because they...

Kanon8260

Despite all the hate right now in fangs stocks, history tell us that NFLX has been the best performer in the SPY period. Yes, these names was absurdly overbought but right now are too dramatic and negative, but NFLX had an amazing quarter and is the future of streaming video, Cable Tv is dead, and yes there will be more competitors but when you buy stocks you tend...

Kanon8260

Lets be honest AAPL is the most valuable company in the world and currently trades at 15x his earnings, with double digit revenue growth, still is all about sentiment, apple has been in a free fall like this company has no value, actually if you are an option trader is time to take advantage of fear, in both bull and bear markets, do not trade in 1 direction, they...

Kanon8260

I personally like Disney is going to last even when im not here in this world, but the problem with dis is, that i would take a lot of time to probe that the new direct to consumer platform actually works, lets be honest, yes NFLX is overvalue and dis is undervalue, but NFLX has been in the market a lot of time, and yes, dis has 100x better balance sheet but...

Kanon8260

It is hard to predict o time the market but in this scenario is not much gain for shorting the stock until the stock is at leat near the upper band, max gain for short seller is limited to $4 bucks,also, as a remainder today was a big green candle if you look at 4 Hourly chart and risk takers buy below the lower band, also, the fundamental case for FB trades now...