Lowes
LOW Lowe's Companies Options Ahead of EarningsIf you haven`t bought the dip on LOW:
Then analyzing the options chain and the chart patterns of LOW Lowe's Companies prior to the earnings report this week,
I would consider purchasing the 240usd strike price Calls with
an expiration date of 2024-9-20,
for a premium of approximately $9.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
LOW Lowe's Companies Options Ahead of EarningsIf you haven`t bought the dip here:
Then analyzing the options chain and the chart patterns of LOW Lowe's Companies prior to the earnings report this week,
I would consider purchasing the 230usd strike price Calls with
an expiration date of 2024-4-19,
for a premium of approximately $11.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
LOW Lowe's Companies Options Ahead of EarningsIf you haven`t sold LOW ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week,
I would consider purchasing the 210usd strike price Calls with
an expiration date of 2023-12-15,
for a premium of approximately $3.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Entry nowPersonally have been using toughbuilt products and they are very very good. Best kneepads I have ever worn in 15 years in trades. Knives second to none.
Very Innovative as well.
They are entering Canada with product next year and should see a boost in profit.
They need to be picked up by a large store as a household brand - They are much better than other competition out there and need to take some steps to gain traction.
Watch out for new markets, look for increasing stock supplies, and new availability in stores.
This has potential for a very bright future.
Target - Why Is Everyone Desperate To Long Disasters?Target is another example of the so-called "contrarian" trade that circulates on financial social media where, somehow, everyone puts on their VERY SMART PERSON baseball caps and gets long because it MUST BE TIME FOR THE MOTHER OF ALL SHORT SQUEEEEEEEEEEEZES.
And yet time and time again it never works.
Paypal is a really fine example.
Paypal - Going Long In a Bear Market?
I mean cool, if you bought at $59 in May (you didn't) and sold at $77 on the last two days of July (you didn't) then you made $18 a share and are a VERY SMART PERSON.
And then it gave it all back in a day on earnings and people are killing themselves buying the dips again.
Same with T-Mobile, Verizon, and Disney
Disney - Is Your Compass Upside Down?
It's at long time lows. Went up a bit on earnings. And then gave it all back over the span of a few days and people are still "buying teh dip," primarily because some Signal or Discord or picture of a girl on Musk's new Xeeeeeeeter app said "muchwow prize target nao $120 be a winner like me and BUY CALLS."
These are things that you need to stop doing. When something trades like a bag of doorknobs for a long period of time it's because it really is a piece of crap that will eventually go lower, and so instead of buying that dip, sell that rip.
Better yet, ignore this kind of junk and trade what is actually trending, the indexes, or just go outside for a month or two and come back when the chop is over and save your trouble.
Look at the monthly bars on Target. "Zoom out," they always say.
I understand this because in the first two months I wanted to go long on this thing for at least a retrace to $150 too.
But instead the old "support" has become new "resistance."
And this tells you that new lows are most likely coming.
And when Target flirts again with $100 people will go even more bigly long.
The longs trapped from $125 and $130 will double their position.
But this piece of crap probably won't bounce.
Have you actually been on their website and looked at the clothes they sell? Look at stuff like women's intimates (lol). Do you know they have an isle in the stores devoted to fleshlights?
Do you know that they allow people to steal?
That, my friends, is real "fundamental analysis". What's the bull case? That someone told you the EllLioT WaVeS SaId $160 MiniMum?
This is a chain that was bounced out of Canada because it was Zellers 2.0.
These markets, all the equities, all the commodities, the entire world is in for a rough future. The rough future might only last for a few months, but it might last for a few years.
If you don't "paradigm shift" ahead of schedule, by the time you do get your paradigm shifted forcefully, it will be too late for crying.
And so my only wish with these things is to wake you up. China is the world's central stage and what's going on with Xi Jinping, the Chinese Communist Party, and its 24-year persecution against Falun Dafa is the fundamental story that everything else is a slave to.
Time to wake up, my friends.
Walmart - Congratulations. We Now Have "Confirmation."Walmart is another stock that, for some reason, people want to be bullish on. It's probably because Marxist social marketing platform Reddit's public relations firm nestegg r/WallStreetBets said so, or some GPT instance on StockTwits said so.
Yet it's another old company with an old business model that is anything but good. I haven't been to a Walmart in the United States in years, but the ones in Canada aren't even cheap.
They attract people from low social classes and people who moved here from other countries, but are seriously often one of the most expensive options out there and even shopping online are an automatic skip.
Yet people want to get long.
This stock is similar to Target
Target - Why Is Everyone Desperate To Long Disasters?
And Disney
Disney - Is Your Compass Upside Down?
And Paypal
Paypal - Going Long In a Bear Market?
In that none of them are one bit bullish, and yet people are rallied by a certain force into believing that it's time to BUY THEM CALLS because it's GOING TO SQUEEZE or something.
And yet when stuff like Apple or Meta trends upwards for 5-8 straight months you're told to short every pop while it runs away on you.
China's economic problems are seriously escalating and at a frightening speed. The effort is underway to destabilize the Chinese Communist Party, so long as Xi Jinping is its leader and the President of China, at least.
The ultimate endgame is to produce a situation where the CCP and/or Xi falls, but what the International Rules Based Order and its banking cartel want is not to have China's 5,000 years of dynasties and traditions return, but to replace the existing regime with something of a submissive soyregime that's nested out of Taiwan.
And because of this, retail stores are particularly at risk because everyone just loves and loves to put their hands and get their hands in Shanghai where the Jiang Zemin faction is.
When the day comes, the CCP will be gone and the Jiang faction and the CCP's 24-year persecution against Falun Dafa's 100 million spiritual cultivators and all that organ harvesting will become an international story, the only one that matters.
And these companies who have been supplying blood to "China" all these years will really wind up going Blockbuster and delisting.
Walmart's monthly shows us that we have a raid on the '22 all time high. The purpose of these kinds of events is to take out the funds and whales who use stop loss rules.
And if it's really true that Walmart isn't aiming for $180, then it means the next set of rules-based funds and whales to hunt is on the low side, which is a painful $50 away.
On the weekly, this ramp towards the top has been an amusing 52 degrees.
Trendlines are created to be broken because you're told that technical analysis and not price action is somehow important.
The reverse bullish upside down inverse bat pattern harmonic RSI MACD divergence clouds are definitely the way to understand the market, not the places where people are told to put their stops to "mAnAGe ThEiR RiSk."
And so the moons have come together on today's earnings to tell us that it's probably time to sell the rip.
Walmart has produced:
1. A failure swing
2. The rejection came on Q2 earnings as a catalyst/news driver
3. Months and months of insider sales
4. At a time when indexes are toppy
5. Jackson Hole, the biggest Federal Reserve policy meeting of the year, is a week away
6. JP Morgan is long some 15,800 puts with a strike of SPX 4,225 expiring September 29 that have never been in the money since the quarter changed
And so the trade setup is simple.
Don't try to buy the dip. The dip can't be bought.
Instead sell a rip back to the $158 pivot
Buy long duration puts
Sit on your hands and go outside
Take a girl on a date
Listen to music and have wine with her
Tell her that her hair is pretty
Come back a few weeks later and roll them out
Rinse, repeat until $99
Good luck, my friends. It's time to stop listening to the Internet and social media machine. People with low follower counts and low traffic can tell you the truth, but the big dogs are promoted because the purpose is to use you as exit liquidity lol.
LOW Lowe's Companies Options Ahead of EarningsAnalyzing the options chain and the chart patterns of LOW Lowe's Companies prior to the earnings report this week,
I would consider purchasing the 210usd strike price Puts with
an expiration date of 2023-10-20,
for a premium of approximately $4.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
BLDR on a consistent trend higherBLDR is part of the construction industry and has had consistent gains over YTD in the range
of 95 % with favorable beats on earnings estimates and increases in revenue. Volume has been
rising in the past month. In the past when BLDR pulled back to the blue SMA100 line it then
reversed quite well and resumed its move higher. At present, BLDR is on a pullback which
provides an opportunity for a long entry at the current price where the SMA20 SMA50 and SMA
100 are converged. I will take a long trade here as I see BLDR to be consistent in its move
up and setup for entry with a pullback.
Lowes Mixed Earnings Reports 🛠Lowe’s reports earnings before the open on Tuesday, with lacklustre guidance overshadowing a Q1 report that beat analyst expectations.
For the first quarter, the North Carolina-based specialty retailer reported $3.67 in earnings per share on $22.3B in sales. Analysts had anticipated $3.45 in earnings per share on $21.68B in revenue. However, comparable sales decreased 4.3%, steeper than the 3.28% drop expected on the Street. Management blamed “lumber deflation, unfavourable weather and lower DIY discretionary sales” for the decline.
“We are pleased with the performance of our business despite record lumber deflation and unfavourable spring weather,” CEO Marvin R. Ellison said. “Although we delivered positive comparable sales in Pro and online for the first quarter, we are updating our full-year outlook to reflect softer-than-expected consumer demand for discretionary purchases.”
Lowes about to take some major hits. LOWMajor confluence of harmonic patterns. Elliott wave triangle, and confirmed entry to next wave. Confirming entry on crossing of two price levels and a high chance of three black crows. I noted divergence in momentum in what appears to be the Elliott triangle.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
LOWE'S - Look For Longs. $245 Is the Target for ShortsQuick read, for once.
Lowe's is down 7% following ER. Another ER dump. This is really notable for a few reasons:
1. Big moves on the first of the month always make me think reversals
2. Lowe's isn't really bearish on monthly or weekly bars
3. The real short setup for economic disaster is in the $240 range
4. Dump swept out weekly/monthly/daily sellside pivots
5. Gap fill
6. Overall market is not as bearish as it was during last Lowe's ER dump
7. Equities market makers love to "gamma squeeze" rip the other way after a little bit.
However, the weekly bars do show a three drives-style pattern
But it's only the wicks over range equilibrium and it's never traded to a deep premium, which is what you really want to see before new lows are going to be set.
Monthly shows that this isn't a bear market, either.
March 31 $200 calls lost $8.5 on the news.
You still have to be super careful because of geopolitical risks:
1. The Chinese Communist Party has not reported a single COVID case since Jan. 10, and this is almost impossible to be real. The reality is that the CCP is likely very, very weak right now and could fall at any time.
2. Elon Musk has warned, which confirms with multiple other sources, that Russia is about to launch a very large scale offensive in Ukraine. He would know because Starlink is the only thing keeping Ukraine with even a shred of hope in the battle. Equities down, commodities up is what that will result in, just like when the war was launched last year.
3. When it's time for the CCP to go, and it's going to happen very soon, you can expect there to be a clash between the India-Russia-Saudi/BRICS type entities and the United States/NATO globalists because everyone wants China. All the "hawkish" chatter on "China" (note it's rarely ever against the CCP itself) (("China" is not "the CCP")) from America is gearing up to take over the Mainland by way of the globalist groomed Chinese nationals it has parented so as to install all the woke globalist things and completely ruin what little is left of the country's 5,000 year culture as they go for a real New World Order/One World Government
With the way everything is acting I kind of suspect Lowe's may not be finished dumping, but imo this is one of those situations where one should "be greedy only when others are fearful."
$186 would be a really sweet entry and you have to sit on your hands for 2 or 3 months or at least roll out your winners.
See my Nasdaq/SPX/Dow calls for thoughts on the markets at large and potential timing.
July is the target for when things really get scary.
Hurricanes and Home RepairIt is time to put LOW and HD on your radar for two reasons. One I like how the technical complex looks and the other is the fact a major hurricane is going to rip into Tampa, FL (where I'm at), or somewhere into the U.S.
In that same breadth it is imperative that we keep an eye on the Oil Stocks such as OXY and XOM, of which, I will be looking at and posting shortly with levels. One thing that is really striking is how the stores are already selling completely out of water this weekend, after visiting 8 stores and coming up empty handed. BUT, how will the country be faced with gasoline shortages as mass panic begins to strike into the human mindsets, fear, and much more. Especially with not knowing the exact placement of the hurricane and the strength of destruction as the country is facing record high inflation and the government is depleting the strategic reserves of our Oil. THEY will need to start buying the Oil off the market at a rapid pace before the price of oil begins to aggressively increase - thus fueling the demand for buying; causing a momentum spike in price action.
I will try to link all of those charts together for simplicity purposes.
My support/resistance lines are represented with the horizontal lines. You can use those as targets and/or entries for positions based on bounces of those areas or rejections.
Lowe's Companies, Inc. (LOW) forecastAfter the housing market is starting to see the impact of higher mortgage rates, LOW`s earnings beat and revenue which fell short of expectations aren`t enough to keep the stock price up.
I expect a retracement to the pre-pandemic level of $129 by the end of this year.
Looking forward to read your opinion about it.
NAIL potential retest of breakoutI bought NAIL in the pullback this morning as I believe this is a retest of the breakout in the downtrend. The daily indicators also look strong right now.
I'm keeping a stop just below the previous lows at 62.94 since if this is a bull trend now, it shouldn't break that support.
I believe around a 30% gain is possible in this breakout if you can be patient. Good luck!
Lowes going Low. LOW Yes.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
LOW Dividend run up idea NYSE:LOW has been getting positive coverage from analysts. The announcement from Nike suggesting supply chain disruptions are easing also gave $LOW a boost. Lowe’s has a ex. Dividend date of 1/18/22 and pays out on 2/2/22 $0.80 - Street insider. This should also attract more institutional investors if the market continues to be risk on.
$LOW | 12/13-12/17 | Watchlist #4 $LOW $260 bounce
(Bounce off 260 for calls)
Technical analysis: Bull flag breakout on the hourly chart
News catalyst: "Lowe's holds a Financial Outlook event. The home improvement retailer is expected to focus some of its commentary on operating margin opportunities. Expect some analysis following the event on whether or not Lowe's can close the margin gap with Home Depot (NYSE:HD). Shares of Lowe's jumped 6% last year after the event featured some strong guidance." - Seeking Alpha