LagunitaLLC

LagunitaLLC

FA -Cov-19 death toll spiked today www.worldometers.info -FED is preparing to buy ETF (mainly bad corporate debt) www.marketwatch.com -More economy data will be released during this week. tradingeconomics.com TA There were multiple rejections in NDX during the market hour when NDX tried to come back to the strong bullish trend (green lines). As a result, a...

LagunitaLLC

CHGG was one of the best performers in Lagunita's Portfolio. This week they beat the earning for Q1 as expected. The demand for studying online led to sales in CHGG. However, this is too late for CHGG entry. People might sell to take profits tomorrow. This stock will be down by 25% by the end of the summer ( school cycle). Ideal price: $35 Target Price for CHGG...

LagunitaLLC

Last week's drop was due to FED bail-out, investor's speculations on economy reopening, and the small business loans was distributed. 3 key factors that will lead to this week rally: -The economy is open, however, only 25-50% capacity, which means, businesses will consider their profit by shopping for cheap rental. -Malls are not coming back soon. Rental spaces...

LagunitaLLC

FA -US Treasury is seeking a $3 trillion loan. If this order is filled, US total national debt is 30 trillion dollars. -FED lowered their securities buyback www.newyorkfed.org www.newyorkfed.org -California will open its economy by the end of the week. That includes clothing stores, florists, bookstores, sporting goods stores, all with curbside pick-up. However,...

LagunitaLLC

FA -US Treasury is seeking a $3 trillion loan. If this order is filled, US total national debt is 30 trillion dollars. -FED lowered their securities buyback www.newyorkfed.org www.newyorkfed.org -California will open its economy by the end of the week. That includes clothing stores, florists, bookstores, sporting goods stores, all with curbside pick-up. However,...

LagunitaLLC

FA Warren Buffet sold all Airline stocks. FED Repo will slow down FED Securities buyback will be lowered this week. www.newyorkfed.org Gilead will start to make move this week by donating their drugs to Cov-19 patients. TA SPX Future is showing a drop of 1%. RSI in coiling up in 45m chart, preparing for a short re-bounce. The target for Monday drop:...

LagunitaLLC

FA Warren Buffet sold all Airline stocks. FED Repo will slow down FED Securities buyback will be lowered this week. www.newyorkfed.org Gilead will start to make move this week by donating their drugs to Cov-19 patients. TA SPX Future is showing a drop of 1%. RSI in coiling up in 45m chart, preparing for a short re-bounce. The target for Monday drop:...

LagunitaLLC Updated 

FA -Gilead Science will release their drug this week: www.cnbc.com -FED Repo will start to slow down in May: www.newyorkfed.org -FED securities buy back 8 billion dollars per day vs 50 to 75 billion dollars back in March www.newyorkfed.org -Coronavirus cases have not been flattened yet before reopening on May 1st. www.worldometers.info -Businesses are opened but...

LagunitaLLC Updated 

FA -Gilead Science will release their drug this week: www.cnbc.com -FED Repo will start to slow down in May: www.newyorkfed.org -FED securities buy back 8 billion dollars per day vs 50 to 75 billion dollars back in March www.newyorkfed.org -Coronavirus cases have not been flattened yet before reopening on May 1st. www.worldometers.info -Businesses are opened but...

LagunitaLLC

FA -Unemployment claims reached 30 million. -Covid-19 spiked before the re-opening in Texas. The curve hasn't fully flattened yet (Dr. Fauci) -FAANG stocks have already reported their earnings. -People are taking profits. -FED 500 billion short-term pumps at 8:15 am. -Sell in May is happening when most of the profitable tech companies have reported their...

LagunitaLLC

FA -Unemployment claims reached 30 million. -Covid-19 spiked before the re-opening in Texas. The curve hasn't fully flattened yet (Dr. Fauci) -FAANG stocks have already reported their earnings. -People are taking profits. -FED 500 billion short-term pumps at 8:15 am. -Sell in May is happening when most of the profitable tech companies have reported their...

LagunitaLLC

FA Bullish factors: FED will keep 0% - 0.25% interest rate until Covid-19 is over. Fake news GILD made a strong bullish trend. It hasn't been completed and verified. clinicaltrials.gov Actual result: www.marketwatch.com FAANG earnings pushed the market further up with Microsoft heated expectations, Facebook has more revenue. TSLA will be bullish due to strong...

LagunitaLLC

FA Bullish factors: FED will keep 0% - 0.25% interest rate until Covid-19 is over. Fake news GILD made a strong bullish trend. It hasn't been completed and verified. clinicaltrials.gov Actual result: www.marketwatch.com FAANG earnings pushed the market further up with Microsoft heated expectations, Facebook has more revenue. TSLA will be bullish due to strong...

LagunitaLLC

FA -Bullish factor: FED is considering a $600 billion loan package for corporations/ companies with up to 10 000 employees or sales up to $2.5 billion in 2019. GOOG earnings beat revenue 41.16 vs 40.2, but miss expectation on EPS 9.87 vs 10.38. This lead to a spike in google stock as well as a bullish factor in NASDAQ. This is matters because Alphabet is one of...

LagunitaLLC

FA -Bullish factor: FED is considering a $600 billion loan package for corporations/ companies with up to 10 000 employees or sales up to $2.5 billion in 2019. GOOG earnings beat revenue 41.16 vs 40.2, but miss expectation on EPS 9.87 vs 10.38. This lead to a spike in google stock as well as a bullish factor in NASDAQ. This is matters because Alphabet is one of...

LagunitaLLC Updated 

FA -Oil crash -FED is considering raising interest rates to make up the loss in tax revenue. -The US can't take out more debt for a second stimulus ($1 trillion dollar limit). -Earnings are being released. TA NASDAQ hit 8880 resistance and barely hold it this morning. -Squeeze momentum in the daily chart is bearish. -RSI is going down. Good luck and thank you.

LagunitaLLC Updated 

FA -Oil crash -FED is considering raising interest rates to make up the loss in tax revenue. -The US can't take out more debt for a second stimulus ($1 trillion dollar limit). -Earnings are being released. TA SPX hit 2880 resistance and barely hold it this morning. -Squeeze momentum in the daily chart is bearish. -RSI is going down. Good luck and thank you.

LagunitaLLC

FA -Earnings will be released this week. Here is the list: www.reddit.com -FED pumps schedule www.newyorkfed.org -Central and national banks meetings schedule: www.dailyfx.com -Unemployment claims: Thursday (04/30/2020) Overall: This week will be extremely volatile due to the release of important data. First of all, the central and national banks worldwide will...