LagunitaLLC

LagunitaLLC

In a nutshell: New policy will boost the economy temporary, however, in a long run, it will cause more damage than helping. Simple: Even when people have money, they won't likely go out, due to COV-19 virus. Travel sector and retail (Macy, JC,...) will take a big blow and the earning will be really bad in the Q2 2020. Entertainment (online) or Online business...

LagunitaLLC

Good news: + Payroll tax cut from Trump + People started to calm down + Buy signal Bad news: + Won't see the bottom of selling market, until COV-19 case numbers grow slower or stop growing, and Oil war becomes less intense. + Since most of people will stay home => less travel, movie, disneyland... Long term trend: descending Short term stock: have a boost...

LagunitaLLC

+After what happened today, VIX index might be peaking. There were lots of bad news about COV-19 (canceled events) and OPEC (oil deals). These fueled the fear in investors, consequently created a second market sell-off. However, companies are making moves to maintain their businesses and their employees income because of this chaos. For example, tech companies...

LagunitaLLC

I have been watch the future charts for hours and I would say the stock movements are stable and linear the support line (red). 2 possibilities in a nutshell. 1. Long with fast come back (potentially up 3-4% in 1 day), if the selling trend of NAS FUT stops before touching the support line. 2. Short with 2-3% in 1 day, if the selling trends breaks the support line...

LagunitaLLC

As you guys can see in the chart, the panic selling is almost at its peak @22:51, March 5th. The stock movement almost stopped at the supporting line (red), indicating a come back for a bullish trend. However, there will be possibilities that the selling trend will carry on for a few days (if the stock movement breaks the supporting line). Again, the trend right...

LagunitaLLC

I'm still new but is this triple top pattern?????