My ideas are included in the chart. I don't think the technicals of this are very encouraging, nor is the fact that insiders can soon sell. But I do believe the fundamentals of this stock are solid. My basic thesis is that given future prospects, this is significantly undervalued; something difficult to find in our current tech environment. Let me know your...
Ideas are in the chart. Seems to be back at a strong trend line. What do you guys think? -Kristian
SPY is now a buy for the technical reasons given on the chart. It's been a rough earnings season but I expect outlook to brighten once again coming off this low. This is a little derivative of my GOOGL idea but I wanted to reiterate my buy rating on SPY now that we have seen the last leg down. What do you guys think? -Kristian
I made a chart indicating when presidential/mid-term elections take place and the winners of such. Mid-term years are usually solid, and I think democrats taking the house in 2018 could benefit the stock market, as corporate tax cuts would likely remain, while trade war advances would likely not continue. Mostly just wanted to provide a chart of the last 40ish...
GOOGL appears to be in a good position coming into earnings. It's seen a significant pullback over the last month largely due to the broader market. GOOGL earnings are expected to be solid as well which will calm investors after a rough month. I gave some simple technical reasons on the chart, as well as GOOGL being a fundamentally sound company. Thoughts? -Kristian
Most my ideas are in the chart. I don't see very much potential for stabilization til it gets back around the lows seen earlier in 2018. Long-term outlook looks promising still, in my opinion. Thoughts? -Kristian
In my opinion, GOOGL is oversold. From a technical perspective it looks attractive as I conveyed in the chart by showing various support levels. Unfortunately I'm already heavily in GOOGL, but I would recommend waiting for a bit more stabilization before entering or portioning up. Earnings look promising for October 25th. Let me know your thoughts, -Kristian
First off, I know I'm not using the wave feature right, but I used it just to compare patterns from the late 90's and early 2000's. I don't have time to give an in depth opinion as to why I think we are seeing similar activity right now, I'll update this when I have time and explain. But best case scenario I think we see a little more pullback and a big run up...
My ideas are in the chart. The only way I see GOOGL not running off of this latest selloff is a significant selloff in the broader market. But overall I think it's a good trade in terms of risk/reward. What do you guys think? -Kristian
In the chart. What do you guys think? -Kristian
My ideas are in the chart. I've bought it for a couple simple reasons, good earnings expectation revision over the past few months, bulish insider trading, and a great Zack's rating, which I've found to be a good predictor of earnings. What do you guys think? -Kristian
In the chart. Re-posted because I wanted to put it on bars and clean up some of the trend lines. What do you guys think? -Kristian
My ideas are in the chart. If there is no big news I suspect the SPY will simply continue the channel I marked. If there is big news regarding the impending trade war, one way or another, I wouldn't be surprised if it either broke down or broke out of the channel. What do you guys think? -Kristian
I think that the market will end up rallying out of this recent pullback, and the spx500 will break it's peak set around 2,850. While the technical signals are a little mixed, in terms of it breaking down after setting the strong support around 2,700, if it can get some momentum coming back out of the bad day on the 28th I think it can run. Earnings have been...
My ideas are in the chart. What do you guys think? -Kristian
In the chart. What do you guys think, is it time to sell? -Kristian
Ideas are in the chart. Lemme know what you think, -Kristian
I wanted to back test a couple indicators I like in this post. I did this with the expectation that if you followed the indicators I chose you'd make money, that was definitely not the case. I think this illustrates that you can't rely on indicators entirely, there is a more human aspect there. Perhaps I just chose some lousy indicators for the nature of cryptos...