Fundamentals: If the NFP numbers explode up on Friday, then that means that the FED might have to increase rates, putting pressure on US companies' earnings. This may cause META to topple a bit before earnings. If not, then the same rate for longer. It is the first Friday of the week. Sales have accelerated in META and earnings are above 20% q/q. However, its...
Fundamentals: CONY is a covered call strategy. If bitcoin collapses again, the CONY will go bust. It could turn into a dividend trap. It is highly speculative. However, if bitcoin propels forward or goes sideways, then these two scenarios will be best for CONY. Technicals: Plan: To trade CONY buy observing health signals from bitcoin (BTCUSD). Theory:...
Fundamentals: SIMPLIFY VOLATILITY PREMIUM ETF (SVOL) tries to minimize volatility with maximizing dividend income. It is an alternative investment that does not correlate with market drops, but attempts to capture profits from volatility in the VIX. SVOL does not hold stocks and does not use a covered called strategy to generate its dividend yield. This fund...
Fundamentals: This is still a newbie stock. It might develop into a super stock. Accelerating sales. Booming earning. Positive forward outlook from the management. Earnings stability is a little wild and company sponsorship is fresh and growing. This company has a positive cashflow. Overall, it is a good company to buy and hold. It doesn't pay a dividend. This is...
Fundamentals : Russia's exports fell sharply after the invasion in 2022. Russian trade surplus continues between exports and import has fallen in the last 18 months. "...the limited number of potential buyers for Russian crude and refined products increased their bargaining power, allowing purchasers to demand greater discounts to the global market"...
Fundamentals: New CEO William Brown Forward guidance for 2024 is positive. Sales are moving forward in a positive trajectory. It is not a super stock, but a cash flowed dividend payer. Possible recover in the balance sheet of 3M since 2021. Technicals: Quarterly 3M has falling 50% from 2021 highs and has reached a critical quarterly support area. Quarterly...
Fundamentals: high dividend Earnings report projection seems positive. Sales has been accelerating and expected sales and earnings going in to the second quarter and third quarter should be positive. This company is cyclical and is affected by freight prices. So, something like FREIGHTOS BALTIC INDEX (FBX): GLOBAL CONTAINER FREIGHT INDEX at freightos.com is...
Fundamentals: Eagle Point Income Company is not a super stock, but a solid dividend payer. The dividend seems stable and the outlook of the company is stable. Technicals: Weekly: Weekly Triangle breakout on top of horizontal support test from Feb. 2023's high. Stage 3 ichimoku crown trend (strategy 3). ADX trending MACD and MACD Ichimoku up Daily: breakout
Thesis: Speculators were overly positive regarding NZD's prospects for raising rates. In the end, the RBNZ maintained rates and were dovish. On top of this, China stock market is at peak pessimism with a relief rally currently in play. This should affect both AUD and NZD currencies, but especially, AUD; hence, I am holding out that AUD will strengthen against...
Fundamentals: Helps businesses that depend on physical locations harness IOT data. Not the best stock in my own strictest sense, but a relatively ok one. It meets a general criterion. It is not a superstock in my book, though. Techncials: Shallow pb after a kijun trend bounce Triangle breakout with good volume Making all time high with good fundamentals
Perception: Despite the recent fall in Google and Apple's shares, I think it is a pullback and a bargain buying opportunity. Technicals: Daily Chart First pullback after all time high reached. RSI at extremes and other indicators. a-b-c completion 61.8% fib retracement zone. No stage 3 bear market in Google Weekly Chart: Weekly chart has not confirmed the...
Fundamentals: NTES is a music, education and gaming company in China. From September 2022 there had been some fundamental cooling of the company but has picked up since March 2023. It is not a super stock, but it is not going out of business either. It is a good company to invest in in general. With China's market at peak pessimism and short-sell coverings in...
Fundamentals: Stable growth and growth of funds, but not the perfect stock, but ok. Technicals: 3 Week Tight Area breakout Shallow pb trade w/o volume confirming, but volume may come in later. Channeling up Comment: Expecting a rise to 90 or 100 in 4 months.
Fundamentals : T-Mobile taking the lead with sales and earnings acceleration with growing fund ownership. Technicals : Daily: Recent pullback Flat Base Breakout Heavy volume Fake Crown short squeeze Weekly: 5EMA set-up with ADX in trend and horizontal support
Technicals: Weekly horizontal support bounce with weekly 5EMAs set-up Daily bounce off weekly horizontal support with extreme indicator uHd shallow crown pattern with little pb
Technicals: Daily ExDiv1 Weekly Fake Crown Forming. Bears to be stopped out at 638.93. Weekly Extreme with uHd Weekly Chikou does not confirm daily double top. There is a high probability for bears to give up at the highs. Weekly Fake Crown in the making: Daily ExDiv1:
The Bank of Turkey will have its policy meeting on November 23, 2023. Whatever the outcome, I expect it to be good for the USD. Therefore, I am long now and will hold this pair through the meeting and beyond.