I read something today that caught my eyes. The Tyson plant in Washington produces enough beef in one day to feed four million people, according to the company. It’s one of the few facilities in the northwestern U.S., with capacity of 2,300 cattle a day. Resuming operations is dependent on a variety of factors, including the outcome of team member testing and how...
Crude just hit $13. either we bounce here or oil is dead forever. Long term, i think its very unlikely for oil to stay this low for long. Just look at these companies break-even cost for oil. www.reuters.com to summarize -Russia break-even cost $25-$30 per barrel I would imagine that applies to most of the middle east countries. In addition to that, most oil...
This one is almost a gem, probably one of the easiest short out there. We all know the cruise sector is taking a huge beating, there's no way they are going back to business until late summer or something.( we are talking at least 1 whole quarter of no income) They will be burning money like crazy this quarter, and possible lawsuits and settlements eventually....
Fundamentally, I think SCHL should be taking a beating like the hotel and airline stocks.(dropping like 50-75%) What is SCHL? Scholastic Corporation is an American multinational publishing, education and media company known for publishing, selling, and distributing books and educational materials for schools, teachers, parents, and children. Products are...
Bank Of America CEO and some other people are trying to tell us that china manufacturing is coming back online and their whole economy is recovering. So based on this apparent fact, we can make a safe bet that we could see a possible pump on soybean buying. especially with the devastating storms in the east coast and the bad weather in south america. That's going...
With the corona virus situation going on, we know a few things for sure. 1. That is manufacturing has slow down globally = Low demand. 2. Russia Vs Opec on who can produce more oil = High Supply. these two things are a disaster in progress for Crude and it will continue to be unless this corona situation get under control. a lot of people are like, OMG CRUDE...
Saw this and i thought it was interesting. We have 1 pattern which is very bullish, the inverse head and shoulder. Then on the other hand, we have the Bear flag. Both perspectives look tempting and there's plenty of argument for both sides. But only time will tell. The best play in this situation? play both sides and open a short term put and long term call...
I may be jumping the gun here, but with the emergency rate cut. we are going to have to cut the rates some more next fomc meeting, and as the situation progress and with the way trump is whining about fed rate cuts. there a high chance of certainty that they will eventually cut the rate to 0%, especially as corona cases get serious and hits 1 million. it's...
what is this stock? this is the company that makes Lysol and other flu related products such as Mucinex, Airborne and so on. Similar to Clx, i think this is an overall smart fundamental play. expect demand of those products to go through the roof and they will be having upcoming strong quarters. if you want to reference this to anything, it would be like when...
I was originally really bearish on Pton but when i saw that CMCSA had stake. it might be a fun play now. "Comcast reports 19.1% passive stake in Peloton Comcast (CMCSA, CMCSK) reported a 19.1% passive stake in Peloton (PTON), which represents over 10.34M shares. The filing does not allow for activism." Read more at: thefly.com Entry 26.60 target 28.00 stoploss 25.60
Due to Corona Virus fears, the market dropped pretty bad because it could affect supply chain issues and prevent the economy from recovering. However, we all know that the government isn't going to let the market crash like this. so here are some major level to start loading up. 15% load up at Spy $307, 15% load up at Spy $304 30% load up at $272.66
Started Accumulation on TGT at 115.21 Entry 115.21 Target $120.9 Stop 113.21 Dropped due to weak holiday sales, but Retail sector is ramping up and TGT generally always recovers after big drops.
"Oil prices plunged to one-year lows, with WTI back below $50 for the first time since Jan 2019 as global demand concerns trumped OPEC+ jawboning that they could do something to stall the decline." Due to weak oil demand from china with the aftereffect of the corona virus. We could see oil go down further as this is just the beginning of the outbreak. Opec said...
Lyft just had ER a few days ago, it was overall positive. With their chase sapphire partnership, I think it's going to be a huge opportunity for them. I am sure one of these days, if a analyst puts those two and two together, they are going to upgrade the stock and it's going to run. "Lyft Sees Q1 Sales $1.055B-$1.06B vs $1.05B Estimate; FY20 Sales...
Haven't shared this chart in a while so figure I throw it out there. Not really picking a direction here but just be careful as we are getting toppy again. so it's more of a take profit and relax. as you can see, we been rejecting that trend-line, unless we burst thru it, i won't say we are super bullish.
Entry $49 Target $51.39 risky PT $55.44 Stop $48 Olli crushed their Er last season but been selling off due to bad news. With their next Er coming up, i think they are ready to give us a small bounce here for a run.
Crude Oil may start going up due to the china deal. Under the so-called Phase 1 deal to call a truce in a trade war between the world's two biggest economies, China committed to buying over $50 billion more of U.S. oil, liquefied natural gas and other energy products over two years. Long at 57.86 Target 59.86 Stoploss 56.86
I know a lot of you guys are probably confused why AMD played you for a fool this morning with the pop and drop. But with two new products out and all these hype, it may as well just be a opportunity to double down instead lol. Small Entry $47.50 area, may add more at 47.10 Stoploss 46.75 Exit 48.50