Hail Mary play Low cost, high RRR
Square the #1 company in tech voted by software engineers. How could I not be long? Just so solid that it's boring. PT: $400 Just hire me already.
Quick Technical: - Oversold - Short term PT: 30 - Demand zone
Tesla has entered my buy zone from my previous short on Feb. 9. I like to take the trades that no one else will take... That is the life of a contrarian investor. FA: - Jerome Powell speaks today at 10am... Market overreaction to speculations of liquidity crisis, bond yield curve, interest rates, etc. - Tesla is still one of the most important companies TA: -...
Here is a brief Elliot Wave Perspective on gold: - Short term outlook is quite bearish. - It correlates to bullish outlook on equities. I think we have some short term upside until EOQ1 or Q2 on equities. - It looks likely that we are on Wave 5 which will reach a high of $2275 USD Bullish scenarios are: - 1900 High was Wave 5 and we are on a new motive wave (Most...
Quick Idea: - Critical level for MSFT. - Bulls need stopping volume to stop the island reversal drop. - Gap will probably be filled, even if for dead cat bounce. - At 234~ another decision point to confirm a downtrend
Momentum trade: - Looking for a quick short in the morning on Boeing. - Bad news with grounded 777 after engine failure. - Terrible earnings, terrible indeed. - BA has NO business breaking out of resistance here. Not their fault, but shorts will attack. Don't be greedy either in this market. Both sides get chopped! SL: 226 TP1: 207 TP2: 203 TP3: 190 RRR: 3.0
Quick Idea, Vechain is breaking out, MACD hovering, inverse H&S in the bull flag range, testing the top. Bitcoin and crypto likes to make big moves on the weekends! Long to 0.08 USD Do believe that Vechain is the next altcoin to 100-1000x.
Quick Technical View: Watching Apple closely... Apple affects the broader market greatly after all. Possible trading opportunities will present themselves. I would love to add much lower of course...
I entered a long position on Feb. 6, 2021, based on momentum, their promising NASA 5G contract and US government 5G cybersecurity contract, but I have been more focused on PLTR and BB. At the urging of a dastardly intelligent fellow who pointed out similarities between my BB analysis and NOK, I dug a bit deeper into Nokia, and it turned out to be one of the most...
Like we saw in 2017, Bitcoin has surged to new ATH's, but its does look like the institutions of the last accumulation phase have taken their profits. In 2017, we saw a similar situation, where we entered an Excess and Euphoria phase, where altcoins entered a short-lived bull market which we are seeing now. The selloffs are becoming more and more powerful, and...
U has been a very solid performer in my portfolio, and I think now is a great entry point! Today Cathie Wood added 195k shares for ARKK. Her buy is a great alert as any. She owns about 5M~ shares across her ETFs. FA: - One of the 2 kings of animation software. Until Epic Games (Unreal Engine) goes public, U is basically a tech monopoly. - ER in 83 days TA: -...
When 400~ institutions are crowding a stock, and the biggest of names are playing MM. I want to use them as a shield, and poke out from behind them to stab little by little. This is my all-time favorite options strategy, and it can be used under very specific conditions.. 1. Accumulation/Distribution Phase is identified (Dow Theory). 2. Range-bound movement and...
This one's a little bit under the radar still. Well-advised to get in before the ARKX. PT: $16
Update to Feb. 6 Idea. Now I am watching this more closely, and will be playing this with options. I was first interested by this ticker around Jan.18, when I first traded it based on the BANG stocks momentum and technicals.. but as I observed and gathered more info, the big picture became more clear to me. Speculation: - At the start of new bubbles, CapEx...
- Correction long overdue - Penny stocks, crypto alt season, marijuana stocks pumping... big bubble top alarm bells - Megacaps are too expensive for retail so they chase cheaper, lower hanging fruits, bleeding the price of the megacaps - Chinese new year next week, dump probable - Peak absurdity and exuberance past few weeks, greed at astronomical levels - DIX...
“We’ve seen this before with other lockups. People sell them leading up to the lockup period expiring, and then they have a bit of a relief rally,” said Ryan Jacob, chief executive of the Jacob Funds, which does not own Facebook shares. In August, shares of the online reviews website Yelp Inc surged by more than 20 percent on the day that insider trading...