Pltr has been on a tare down since mid November as shown on chart , the Stock has been oversold trading below $10 on Thursday, The idea here is a break of trend that you will see noted by my trendline should we break i feel we could get upside here
The SPY is in a tough position , there is no question we are in correction territory almost want to say a bear market , and sadly it looks like we may be in this a bit longer , SO hang on!!! As you can see the chart is clear and the trend is down . I suspect we retest the recent low of 410 with a flush hopefully , as that has been lagging in all recent sell...
Hey All !!!
Been tough for traders an investors alike during this correction that we are experiencing , in my last discussion on spy i mentioned that we were at a double top and things could get ugly . Sure enough the technicals followed through and we are now at an inflection point as mentioned the 420ish area is where I was looking for a bounce. Well we look...
As we all know by now Er miss of adjusted EPS.02 a share yet Revenue increased to 43% as well as YOY an increase of over 100% in there commercial market . Which is where I want to focus wall street originally was concerned about the overexposure and in the companies reliance on government contracts. Well that all seems far from the case , as here is company...
Will be watching carefully before close , but assuming we close down at these levels I think we retest 420ish area , Clear technical Double top couple that with the Pressure the market is getting from the Russian / Ukraine escalation. SPY
PLTR is set up for a break of trend here as per my chart .Key level would be 14.52 , should we break there i see a clear path to 18 . PLTR earnings is on the 17th Assuming that they come in line we should be good to go in my humble opinion. i do have a position in this for disclosure purposes PLTR
Ok so I mentioned in my previous thoughts why I thought the market was down but stay tuned for my comments as to why the MSFT earnings were key in the market reversal , AGAIN. All will dependant on fed , however should the Feds stay hawkish without sign of a more hawkish approach or best case more dovish than expected. We see the market rally hard
This is my gut...
Please don't mind my lousy grammar as i had no time to really work on it , im sure you could imagine why
Why the Feds Got it wrong And Cathy’s Got it right
In recent there has been turmoil in the market place as to the inflationary pressure that we have noticed in the recent economic data such as the PPI and the CPI reports. The feds most recent hawkishness...
