MannyLo

MannyLo

Checking back in with Uber this week since our last analysis. If you checked out or last posts we remember we've gone through the following with Uber: 1. Uber cofounder and former CEO Travis Kalanick has sold off all his remaining shares and left the company's board of directors. This ended up benefiting Uber stock price since Kalanick had been accounting for 7%...

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Checking back in with SPY at the moment. The FED is doing (has been doing) everything possible to keep this train moving up even though most of the country is at a standstill, companies are racking up more debt, and the unemployment rate continues to climb along with COVID19 cases. Rates are at 0, their pumping money to buy back bonds and securities , banks...

MannyLo

American Airlines 1st Quarter numbers are in. As expected, they weren't good. AAL just posted its biggest loss since the Great Recession in 2008 as they lost $2.2 Billion. In the 2nd quarter they are burning through $70 million dollars per day. SO if you're wondering how the 2nd quarter numbers will look, that should give you somewhat of an idea. US airline...

MannyLo

Short and sweet. We are approximately 13 days away from the Bitcoin Halving. We're Long overall but we could see some resistance here at the 200 MA and golden fib range around 7960. Possibly get another chance to accumulate. We're also watching the markets to see what earnings week brings us. We'll be updating as we keep following BTCUSD . Shoot us a like and...

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Checking back in with SPY at the moment. Check out our last post for more of a Fundamental Analysis. Moves we were watching: 1. A break outside the wedge 2. The 290 price range Move #1 has occurred. Feels like we're taking crazy pills: Unemployment is sky rocketing, restaurants and bars are empty, Cruises are docked, Airplanes are empty, hotels are...

MannyLo

Checking back in with Tesla since our last TSLA analysis. Recap: If you check our previous posts, we had bought $TSLA back at $172 and sold off at $732 (didn't catch the exact top but happy with the gains). The stock was on an unprecedented parabolic run based all on speculation. We sold off, took a short position, and sold off right where we closed the gap in...

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One of my biggest regrets is not buying Netflix years ago. At the time, I was always waiting for Apple and Disney to launch their own streaming service and leave Netflix in the dust. The biggest problem Netflix had was Content. It had none. As networks and companies began to stream their shows and movies, Netflix would soon lose content to stream. Fast forward to...

MannyLo

A lot of Buzz around the airline industry since the bailout this week, so we're taking a look at Delta ($DAL), along with every other person who just downloaded their Robin Hood account this month. Hearing a lot of the "airlines are so cheap, airlines can't fail, people aren't going to stop flying" comments. Correct, people will not stop flying, just depends on...

MannyLo

As we've said before, In times of panic it's always great to zoom out and take a look at the big picture. Feel free to check out our last ETHUSD posts as they'be been very accurate in giving us a sense as to where we are and where we're going with ETH. As we have previously mentioned: 1. BTC halving is expected to occur in about 40 days. 2. BTCUSD has surged...

MannyLo

With COVID19 forcing everyone to purchase items online, AMZN is the go to online giant. Not to mention, AWS alone is doing very well on its own. We recently sold after an incredible run with Amazon. Just waiting to for another great entry. If you're looking to buy a stock and hold for years, this is one you may want to have in your portfolio. We're looking for...

MannyLo

Ford stock just hasn't been the same and it's not looking any better. They're down over 75% from their highs in 2014 and the company just lowered its 2020 guidance to $1.20 EPS while suspending their dividend and shutting down their plants. They have a ton of cash on hand and just borrowed another $15.4 Billion maxing out their credit lines, but they're losing...

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Just sitting back and watching... (see previous post for analysis) Hit the follow and shoot us a like for updates. Cheers Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries,...

MannyLo

Checking back in with Tesla since our last TSLA analysis. If you check our previous posts, we had bought $TSLA back at $172 and sold off at $732 (didn't catch the exact top but happy with the gains). The stock was on an unprecedented parabolic run based all on speculation. We sold off, took a short position, and sold off right where we closed the gap in our...

MannyLo

Wasn't planning on reposting so soon but what a dump! Panic selling to the max. As previously mentioned, we were planning on buying if the 200MA held and ETHUSD sliced through the 200MA as if it didn't even exist. Granted, every other security, coin, and index is doing the same at the moment, but crazy to see experience. Please check out the last ETHUSD post we...

MannyLo

Similar to our ETH post earlier, In times of panic it's always great to zoom out and take a look at the big picture. These could be incredible discounts to buy at. Waiting for the RSI to hit oversold to jump in with both feet. Hit us with a like and a follow for more updates. Stay tuned... Disclaimer: I do not provide personal investment advice and I am not a...

MannyLo

In times of panic it's always great to zoom out and take a look at the big picture. When prices are going up, everyone: Lambos, Moon, Bitcoin to $1million by Christmas. When prices are going down, everyone: BTC to 0, crypto is for criminals, no one uses crypto. While I do swing & intraday trade when opportunities present itself, the hardest thing to control when...

MannyLo Updated 

We have a wedge pattern forming on the BYND 4hr chart as we get closer and closer to the earnings date on the 27th after the market closes. Price could really break out either way. Last quarter it earnings surpassed Wall Street's estimates by posting a profit of $0.06 per share on revenue of $92 million vs the expected $0.03 on revenue of $82.2 million. Stay...

MannyLo

Like the title says, this is just a recession watch. We're currently not in a recession, nor are we predicting one. We're simply watching how the S&P has reacted during the last 2 most recent crashes (2001 and 2008). According to the charts we're still in a bull run even if the market drops another 13%. This may actually be a great time to grab some stocks at a...