Gains
Breakout Bullish Oil ETF GUSH has potential +1000% GainsAMEX:GUSH
GUSH, provides 3x daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US. These leverage funds are designed to move three times the daily change in the underlying index. The EFT has taken a significant beating and poses significant investment risk. The coronavirus and Saudi “price war” have been a perfect storm to drive oil related stocks down. Even as crude oil prices recover it may not be enough for this fund to recover to previous levels.
The So What?:
The projected global demand for oil after COVID-19 assumptions is approximately -9.4%. With some key areas impacted being road fuel down -9.4% and Jet fuel down -31%. The total oil demand in North America for 2020 is forecasted to fall by 2.3 million bpd to 22.6 million bpd, a 9.2% decline from 2019’s 24.9 million bpd. April will see a decline of 30%, with demand falling from 24.6 million bpd to 17.2 million bpd. May will see a decline of 21.5%, with demand falling from 24.6 million bpd to 19.3 million bpd. However, as social distancing guidelines are loosened oil demand volumes are expected to increase gradually in June, July, and August. Ultimately, oil demand levels return to the previous year’s levels by December.
GUSH has lost -94% of its value in the past three months as the COVID pandemic and oil price war has taken its toll. But the dependency the world has on fossil fuels has not changed. As the world returns to some form of normalcy, the demand for oil and gas will increase in stride. I anticipate this ETF will gain approximately 1000% in value by 2020 years end.
The Why?:
Trading volumes for GUSH are occurring at very high levels, showing signs of a stabilized floor established and the current price is positioned in a bullish zone. The potential to seize significant investment gains of +1000%, significantly outweighing any potential risk for me to make on this investment.
I am not a financial advisor. The advice here given is not financial advice even though my excitement might make it look like such. Trade at your own risk and remember nobody can guarantee you results. I conduct analysis and make informed decisions on what I believe is right and at the end of the day, I am just a person, not an expert. Again, this is my belief, a belief of an ordinary man, who just works hard and enjoys the pleasures of swing trading personally.
Darell
NAT and natty gainsEarnings are coming in soon, might not be as high for the 1st quarter so it may pull back a bit more. 4.23 next level but there does seem to be a big upside looming this month with more tankers coming with a lot of indicators pulling for this to pass 10, risk reward and earnings to watch out. Oil is loyal
Where is BTC Going After that Surge?Hey all - That was quite a dramatic last few days, luckily we had Long positions both on our Daily Tipster and Intra-Day Scalper! Plenty of green for us with Bitcoin, Ethereum, Litecoin and ETC! (We missed DASH - but it hasn't gained as much anyway!)
So let's look at the King of Crypto, Bitcoin, where's it heading now? Carry on up to $9800, $10,400? Or back down to $8000 as if nothing has happened! Is this the start of the Bull Run we've been waiting for? Or simply reverting to mean after the big drop experienced at the start of March? The gains could also be an Organized FOMO Rally by big players, tempting smaller traders in using the Halving as a catalyst/panacea to their trading needs; only to wipe them out with a big drop due to over-extension and not enough genuine support.
Who knows? We can all speculate about where the price is heading next, we still believe we're on for $11-12,000 by the halving in early-mid May, and given what's happened in the last 48 hours - we're getting closer!
From here, we can see the price of BTC tickling $9,000 for a good few hours, maybe even a day or so. From there we'll be looking at a quick rise to $9800 - or a sharp fall to $8200. We're just not sure... what do you think?
Good Luck & Happy Trading
-theCrypster
Not too late to buy INO(maybe MOON)Possible pull back reasons:
BTC halving: Millenials are into crypto and a lot of people made money June last year before the LTC halving. People are hyped because this is the last major halving for 4 years. And might be selling their stocks or fresh INO gains to get into BTC. PLUS miners usually plan ahead for the bitcoin halvings and buy extra equipment to not suffer any major losses. BUt CORORNAviruis might have put a stop to the equipment the miners need to keep BTC mining profitable. If that is true then we might see something close to 2017. But I expect miner had their equipment before this all happened. Or will get it in the month before the next halving.
People forget: America moves fast. if something major happens on Monday it's lucky to be stilled talked about the next Monday. So people are naturally not talking about the coronaviruis and people might care less and less about the vaccine by the time it is ready to be sold. We are aslo seeing states open stores and businesses more and more. That will distract from a vaccine as well.
Overall, INO is into more than just a COVID19 vaccine. And I think, after some interview I've seen recently, Mad money, the CEO and the company is run with good intention and have good products. So, it could pull back but I see recovery if that happens. a pullback happening would probably take some bad press or fake news.
Update on XAU long positionCurrently there are no signs of a reversal in the rally. market is making higher high / high lows. we are now at a major resistance zone which will tell where the market is heading in the short term (next 2-4 weeks).
Those holding long since the previous swings should continue holding, if this resistance level breaks, it will be a relatively large rally. any break to the downside should alert you for a swap.
Anyone following from the apr 15 post should have the stop moved to BE, or in a profit zone, this trade is a non-loser. congrats if you made it this far
TSLA take bowThe run and huge gains where to a point earned, but the bear market doesn't care for earned gains right now. Breaking 180 EMA with and going down with the market. I thought 500 would hold but 430 and 407 would be the next point of entry and should show consolidation around this area. I see it very hard to go below 380 as of the new Battery Investor Day, at the end of the month, and Model Y now rolling out.
GOLD BUYS POTENTIAL 50-500 PIPSGold has obviously been grabbing liquidity all week and making people believe it is time to sell. Not yet buddy.
Looking for a good re entry around this zone level. Yesterday was able to catch almost 100 pips and got out.
Gold has also been moving 100s of pips this week in both directions which is an indication that there is indecision but more importantly that Banks would like to keep Gold in the 1600s.
This is a scalp, intraday and long term swing idea.
GBPAUD SELLS POTENTIAL 50-150 PIPSOverall trend is hella bullish of course. We are looking for a counter trend trade on this pair right now. We have approached a level that hasn't been broken yet and it looks like a potential Double Top on the HTF.
LTF is showing us all the dojo rejecting from this area.
XRPUSD BUYS POTENTIAL 100-500 PIPSGot stopped out yesterday looking for buys. Hella manipulation I got stuck in. Price is a nice zone where we rallied for 300+ pips a couple weeks ago.
Looking to see if the market is going to have another cycle like that this week & see if we can capitalize!
HTF looks like potential W pattern is forming!
XAUUSD BUYS POTENTIAL 50-300 PIPSSo Sunday Market Open we saw price gap up a couple hundreds pips to the upside. Came back down & retraced back toward market open price around 1660ish and made another bullish rally until 1690 or so. Gold seems to not be slowly down so keeping up with the trend.
InTrAdAy Trade: Only entering this trade if my floor remains unbroken and holds as support level. Ideally looking for a bullish engulfing of some sort or dojis preferably. If I miss an entry I will have a buy stop @ 1660. TPs set respectively for 40, 55, 75 pips. Always leave a runner.
Long term trade: expecting price to remain bullish while trump is in office as well as news events keep affecting the overall price and “safe haven flow”. Decentralized banks project gold rallying to 1750 via Citibank (KenFxFreak Article).
AGNC for 480% gains in just 6 weeks!I posted about AGNC at the beginning of January when AGNC was around $17.50, I called for $20 no later than June. What a pleasant surprise that AGNC has continued to stay on fire!
Now one might ask how did I turn this little, fairly slow moving stock into 480% gains in just 6 weeks? I mean this sounds like crypto gains, not stock market gains! This is a strategy I like to use where as I find a stock I expect to move but specifically a stock that typically doesn’t move that much. What we find is that the options have almost no overhead premium priced in and are super cheap. Here I bought 50 call contracts for June expiry @ $18 for .28cents each. I am now $1.50 in the money and just continue climbing with a current option price of $1.60!
Here is a capture of my specific options and their gains to date. > imgur.com
AGNC had another surprise earnings marking two in a row now, an indication that in fact fed policies are benefiting them more than anticipated. AGNC also announced an offering but #1 it was priced at $25 and #2 their offerings aren’t really dilutions, its just an expansion of capital that is tied 1 to 1 with real estate backed securities, more akin to expanding their balance sheets.
I took this opportunity to update AGNC because due to the incline, it looks like we will see a $20.50 top of channel and by next month at this rate. This is in contrast to $20 top of channel on this descending channel in June. Also I am selling most of my options now to buy more options further out of the money. While I suspect we will see decent resistance @ $20.50 I believe everything is in place to break resistance this time and start heading back up, maybe $24ish by late 2020.
If you have never traded options, you should be extremely careful. Options can expire worthless turning your entire investment to $0 with zero holdings. I prefer option trading to margin trading for leverage trading as I am only risking what I put on the table, I know my total risk up front. Options are not for the faint of heart or new investor.
This is not investment advice, DYOR, if its something new to you, always start super small while you test and get a feel for how it works.
I will post another update on AGNC as we see the channel resistance start to flesh out.
If you trade Crypto as well, please check out our site vcdepth.io with advanced real time and historical level2 data for the broad crypto market.
Good luck with your trades!