I'm looking at this thinking, there is potential from $57 USoil will meet heavy resistance.
If a pull back ensues, I'd expecting a retraction of price until 30 trading days (March 17th), I'd target a price pull back of 15% (around $48).
Maybe over longer time frames, in 100 trading days, it is could drop much further, but there are no instruments to take...
Looks like there is bad news from novavax, that being that their vaccine isn't effecrive against new strains of virus.
Looks to me that post market has imthe asset pumped up on the cheap in postmarket conditions ripe to be shorted at the open.
Price at end of post market being $170
Time will tell.
FED said today nothing that should have startled anyone, but sometimes all you need is price action to be in place when a catalystic event happens.
Is this going to correct now? Not sure. DJI fell to close 2% lower today.
Europe and UKX has already been on a fall for a week long. Maybe they will be a leading indicator. Perhaps front running the DJI...
FED talks of their ongoing support and QE, have rekindled some bullish sentiment.
For me, going into tomorrow, we should have a few things on offer.
I'm not buying too much though. Just some of the most opportunistic trending stocks. Keeping exposure down, cos it's just too rocky.
Fingures crossed we get a nice powerful push up to help our long positions finish...
Saying that Bitcoin is doing well this year is an understate, but investors and traders shouldn't be too focused on one thing. Buying into hype of one asset is a recipe for disaster, because you adopt a desperate mentality, that this is your only way to get rich. This past year and since the low of the March crash, we have seen many bull markets in many different...
Biontech has been a great steady performer all year. recently, they partnered with Pfizer to make a new vaccine what is being implemented in UK.
My concern for this is now, they have shown their cards. The vaccine has been in the news for nearly 2 months. Have those gains been realized already I ask myself.
I may look else where for more solid ideas, or may take a...
an options strangle could work well here.
As tech seems to be taking a cool down right now, this could drop quite a bit, but it doesnt have to as we all know.
The trend for 20 years is up and for short/medium term bets, its been even longer than that
Just to start, bubbles are waves that get over swollen.
At the moment Bitcoin hovers at around +100% premium over were you'd call it a good buy.
If it returns to the genisis line, then I'll happily buy. Stick on a running stop loss and keep it.