justinl619

justinl619

Heavy volume and a big spike at the tail end of the downtrend. I am leaning toward a technical reversal but let us wait for another month to see the bigger picture. We should have plenty of time to accumulate and alot of room to go up if indeed this is supported by big news.

justinl619

Technically, the chart spells trouble for GLD. Bitcoin is consolidating in a triangle. Could Bitcoin be the Gold 2.0? We will find out in a month or so.

justinl619

I am neutral on this stock since we still don't know if this is just a hype. However, huge deadcat bounce coming after it touches $7.xx. Be on a look out.

justinl619

GBTC

justinl619

The latest I heard is Boeing and AB InBev have drawn down big chunk of cash from the loan facility. If this is the start of a trend, more cash will be going out of banks than coming in. Interest rate continues to head lower. There are no positive catalysts for the banks.

justinl619

People need to use the money to stock up. Not buying a $2000 bike. This proves that many people are still numb to this pandemic. Alot of these payment plans will default because people who work in service industry will likely lose their jobs over this disease crisis. I think this is a global crisis and it will be bigger than the 2008 crash.

justinl619

I think some people are taking this "Disease" too lightly. This disease looks to disrupt the economy and instill alot of fear. There is nothing wrong in stocking up to prepare for the worse. Tech and Financials will bring the market down to its knees.

justinl619

Temporary set back for the company with CEO leaving, and closing and reduced hours of their parks due to the "Disease". Name of V gets censored on here. In the long run, DIS is a great company with great content. I don't see any companies at the moment will knock it off of the throne.

justinl619

$2.34 is a major support to retest. Once that breaks, my Short thesis will be 100% in the money. NIO stock movement correlates with Tesla stock movement. Tesla also has alot of room to fall (under $300 my prediction). Money in China will be spent on treatment and precautionary measures for the CV. NIO and Tesla are luxury and not necessities. My thesis is based on...

justinl619

ADBE

justinl619

This is the market crash we have been waiting for 12 years since 2008!

justinl619

Silver Lake and Elliott Management all getting a piece of Twitter. Bias to the upside!

justinl619

People are taking profits of their long term investments in Tech and Financials!

justinl619

95% certain this goes to $100 or very close to it by summer or fall.

justinl619

The risk is high while the Fed has been cutting interest rate. Another 4 year of Trump means more rate cut?

justinl619

Probably not a good time to accumulate until a clearer picture presents itself. If you are long, I would hope this is part of a larger correction and pick up CHEAP shares under $100.

justinl619

CGC is a better horse to bet on.

justinl619

We may be in a running flat correction.