Pre-FOMC Week - Bullish run on the EUR/USD & GBP/USD....Like last week's video analysis, I'm currently holding long positions on the EUR/USD and GBP/USD. I'm expecting strong movements in the coming week due to FOMC and Interest Rate Policy.
The ETF SOXL, has been running well although Friday dumped pretty hard but long positions remain solid. I'll remain diligent in observing the price action this week and hopefully book a good 90% profit so far for the 1st Quarter of 2025.
EUR/USD:
•1.0265
•1.0416
•Target: 1.06000
GBP/USD:
•1.2209
•Target: 1.2600 or 1.2700
ETF SOXL:
•$29.01
•Target: $36 or $40
Good Luck. Trade Safe.
SOXL
Opening (IRA): SOXL March 21st 29 Covered Call... for a 26.85 debit.
Comments: High IV; starter position. Selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call.
Metrics:
Buying Power Effect/Break Even: 26.85
Max Profit: 2.15
ROC at Max: 8.01%
50% Max: 1.08
ROC at 50% Max: 4.00%
Will generally look to take profit at 50% max, add at intervals if I can get in at better strikes/better break evens than what I currently have on, and/or roll out the short call if take profit is not hit.
FX & ETF Bullish Market ideas for EUR/USD, GBP/USD & SOXLIn this video I share my bullish ideas on two currency pairs (EUR/USD & GBP/USD) along with ETF (SOXL) and reasons for looking at the bullish side.
The markets look a bit flat at the moment however I'm keeping an eye on how we close this week and make preparations going into next week which could spark some volatility as Donald Trump takes office.
Good Luck. Trade Safe.
$NVDA Buy now when everyone is in fear! Easy Rally to $165 !!Based on recent analyses and expert forecasts, NVIDIA's stock price (NVDA) is anticipated to perform robustly in the first quarter of 2025. Analysts have set a target price around $170 if the stock can convincingly surpass the $145 mark.
Reason to BUY NASDAQ:NVDA
Strong Demand for AI: NVIDIA's GPUs play a critical role in training complex AI models. The rising demand for AI technologies, particularly from major tech companies, is boosting the need for NVIDIA's specialized chips.
Data Center Growth: NVIDIA's data center revenue has been experiencing significant growth. This segment now accounts for a substantial portion of their total revenue, and ongoing investments in data centers by cloud service providers are expected to further drive demand.
New Product Launches: NVIDIA is preparing to increase shipments of its new H200 GPU, which boasts greater efficiency and power compared to its predecessor. This could attract more customers and boost sales.
Positive Market Sentiment: Analysts maintain a bullish outlook on NVIDIA's stock, with some predicting further price increases due to sustained demand and strong financial performance.
AI Monetization: Companies such as Microsoft and Meta are seeing increased monetization from AI applications, potentially leading to higher spending on NVIDIA's products.
BUY NOW NASDAQ:NVDA !!
Fear & Greed Index: 39 (FEAR)
Green Days: 13/30 (43%)
RSI as of 01/13/2025
200-Day SMA: $119.35
50-day SMA: $139.86
Volatility: 3.12%
I also anticipate a dramatic increase due to the following events:
CPI 01/15/2025
Trump Administration 01/20/2025
FOMC Meeting: 01/29/2025
Weelky Leading Indicators are NOT BullishThe Weekly Leading Indicators have had broken into Bearish mode.
SG10Y have broken up of a trendline
TIPS and TLT have broken down support
JNK similarly broke down of support
The combined US Equities weekly chart are at an indecision range, but daily chart analyis tells of a more bearish story.
SOXL is holding up somewhat though.
So while all 4 Leading Indicators are red flagging.
The Indices have yet to respond.
Watch for it... and be careful.
Happy New Year 2025!
$AMD GAP FILL 138 & 160A stock gap occurs when there's a significant jump in a stock's price after market closure, typically driven by some news. When this gap is filled, it indicates that the stock's price has reverted to its pre-gap, or "normal," level. This common occurrence happens as the price stabilizes after the initial rush of buying and trading sparked by the news subsides.
Exhaustion gaps are usually the most likely to be filled because they indicate the end of a price trend.
BUY NOW
According to 30 Wall Street analysts who provided 12-month price targets for Advanced Micro Devices over the past three months, the average price target is $182.18. The high forecast is $220.00, and the low forecast is $145.00. This average price target indicates a 46.14% change from the last price of $124.60 (as of 12/23/2024)
NASDAQ:AMD 's growing presence in the markets for central processing units (CPUs) and graphics processing units (GPUs) is poised to drive significant stock gains. We foresee a robust outlook for the semiconductor specialist's Epyc CPUs in the server and data center segment, as well as strong performance from the company's M1350 and M1400 GPUs.
+ NASDAQ:AMD net profit YoY grew by 777.88% which is 633.31% above its peer average
+ NASDAQ:AMD revenue has grown by 17.57% YoY from Q3 2023 to Q3 2024
+ NYSE:MD EPS is forecasted to grow by 41.26% YoY from Q4 2023 to Q4 2024
+ NASDAQ:AMD has a lower debt to equity ratio (3.02%) compared to its peer average (33.87%)
+ NASDAQ:AMD 's debt to equity ratio has reduced from 40.07% to 3.02% over the past 5 year
Is $AMD a massive buy opportunity for 2025?Is NASDAQ:AMD a massive buy opportunity for 2025?
AMD is doing great financially/fundamentally with chips that is 2nd to NVDA. In addition, their data center revenues are growing exponentially.
It is a probably a great buying opportunity here at $121 going into 2025.
Weekly Indicator Panel WARNED last weekend...ALL Red Flags already, as warned by my panel of leading indicators.
You would see that all threshold have been triggered and are clearly red flags IF the week closes at current levels. The week has not ended, but it appears bad enough.
There should be an attempt tp recover somewhat, but overall appears that Santa Claus might crash this rally this year. Furthermore, the year end and year start are keen indicators of the year ahead as well... so watch closely.
$AMD DOUBLE BOTTOM EASY $175 BY NEXT EARNINGA double bottom pattern is a traditional technical analysis chart formation that signifies a significant trend reversal and a shift in momentum from a previous downward movement in market trading. It depicts a security or index experiencing an initial decline, followed by a rebound, then another decline to a level similar to the initial drop, and finally a subsequent rebound that may lead to a new uptrend.
- PlayStation 6 Processor Contract : NASDAQ:AMD has secured the contract to supply processors for the upcoming PlayStation 6, surpassing Intel. This agreement ensures the sale of millions of custom chips and generates billions in revenue, solidifying AMD's position in the gaming console market.
- Strong Financial Performance: NASDAQ:AMD reported remarkable revenue growth, with a 17.57% increase in the third quarter of 2024. This performance underscores AMD's robust market position and profitability.
-AI and Semiconductor Supercycle: The semiconductor industry, including NASDAQ:AMD , is poised to benefit from the rising demand for AI-related products and services. This trend is expected to drive further growth and profitability for AMD.
Positive Analyst Ratings: Numerous analysts have given NASDAQ:AMD a "Strong Buy" rating, with price targets ranging from $155 to $250. This optimistic outlook suggests significant potential gains in AMD's stock value.
AS OF 12/16/2024
RSI (14) 33.31
52W Low 3.99%
Weekly Leading Indicator Panel warns...Reviewing the Weekly charts, especially for the leading indicators, it appears that there is a warning of downside risk imminent.
SG10Y bond yield are about to break out.
JNK TLT and TIP all have bearish engilfing that covers the previous gap up.
Thing is, the coombined US equities chart is somewhat bullish, with a rough bearish harami at the bearish best indication.
Even SOXL appears to be bullish somewhat...
No action needed, but just an early warning given to set the boundaries yet again... looks like the Christmas Rally just fizzled out.
Direxion Semiconductor 3x Bull | SOXL | Long at $30.00So many semiconductor companies... which one to choose? Enter AMEX:SOXL - not for the faint of heart. Losses and gains triple compared to most semiconductor ETFs, so stay away if high-risk plays aren't your thing. The top three holdings are NASDAQ:AMD , NASDAQ:AVGO , and NASDAQ:NVDA - two of which are at all-time highs...
I wouldn't be shocked if AMEX:SOXL enters the low $20's to test the base of my historical simple moving average area, but I don't think we are done hearing about AI and the semi demand. There are large gaps to fill above and below the current price and we are at the 50/50 stage (i.e. historical simple moving average zone) for a price move up or down.
My bet is up, especially with the new presidential administration. If politicians start dumping semis, I'm out. Thus, at $30.00 AMEX:SOXL is in a personal buy zone.
Target #1 = $35
Target #2 = $40
Target #3 = $50
Target #4 = $60
OH NO! $SOXS is primed for a significant rise.The concept of a multiple bottom suggests that the stock has already experienced a significant decline, creating a buying opportunity at a lower price over time.
Plus, Trump is coming= BYE semidocutor stocks!
Stricter trade policies and tariffs on imported semiconductors could disrupt global supply chains, leading to higher costs and potential shortages.
During his previous presidency, Trump focused on "America First" policies, which included promoting domestic manufacturing and reducing reliance on foreign supply chains
Additionally, there were concerns about the potential mismanagement of federal initiatives like the CHIPS and Science Act, which aimed to boost domestic semiconductor manufacturing.
AMEX:SOXL , NASDAQ:NVDA , NASDAQ:AMD , NASDAQ:AVGO , NASDAQ:QCOM : Sell now to take the profit.
IT'S COMING
Weekly Leading Indicators: BEARISHManaged to streamline down to these couple of charts for a set of leading indicators. Simple trend analysis and techincals are being used here for Weekly charts and so weekly analysis is appropriate to set the stage for a top down view.
First up (on the top right corner) is the Combined US equities chart that shows a strong marubozu the previous week (from elections outcome). However, the following week was not a confirmation, but instead casts doubt on the sustainability of the spike to rally on.
Point being, the massive breakout is met with a Dark Cloud Cover that breaks back into the Decision Box (purple box) which was previously marked out for the consolidation range boundaries. Typically when a breakout is followed by a breakin, it tends to follow through to the other end... a break down from the box support. Yellow circle is where it should go through or bounce at.
What gives on this is that the following Leading indicators are eluding to...
SG10Y Govt Bond Yields
The uncanny correlation of this to the US Equities Indexes is remarkable and have been a hallmark of my recent posts and analyses. Here we have a breakout of the trendline resistance. Means equity markets are going Bear.
RED Flag
High Yield Bonds ETF (JNK)
JNK looks to break the uptrend trailstop line, with a lower high that now has a Dark Cloud Cover as well.
AMBER Flag
TIPS and TLT
Both have broken uptrend trailstops and are downtrending with a recent low. These are well known market leading indicators.
RED Flags
Semiconductor ETF (SOXL)
Noted, and personal favourite, SOXL is clearly bearish from simple candlestick patterns.
RED Flag
So, overall, we have Leads telling us it is BEARISH again.
Heads up!
Focus on demand in semiconductors, NVDA leading the way.While there are minor disputes among smaller semiconductor firms, the real focus should be on demand. NVDA is making tremendous strides in the data center space. My long-term target is around $171, but in the short term, we need a weekly close above $140.76 for confirmation. I'm a buyer near $141, with $136.15 standing out as the most attractive entry point in the support zone. Falling below this level could lead to short-term frustration.
$INTC trade looking goodBuilt a larger than normal position on #Intel.
NASDAQ:INTC
The sell areas are highlighted by the yellow circles.
1st tranche around 34.5.
2nd tranche around 43.5.
3rd tranche around 49.
There will be a trailer left for a longer term hold/ This is with the hope that there is a turnaround in the company.
The last gap fill is in the low 60's.
NASDAQ:SMH
Members Daily Analysis - May 22 2024Markets Sold off: IWM (Small caps) underperformed.
Most commodities hit on the downside: Gold, Silver, Copper, Oil
Natural Gas surging & squeezing
NVDA pumping on earnings: Our SOXL calls will print.
SemiConductors i'll be trading tomorrow. NASDAQ:ON , NASDAQ:SMCI , NASDAQ:ARM
MMAT Meta Materials trying to reverse LONG.stockinvest.us
www.nasdaq.com
Yes, MMAT's target got raised 100X ( it has been in that neighborhood before)
MMAT is currently trading at one-tenth of its price mid 2023 and 98% below its all time high.
It got an upgrade of late. The 2 hr chart shows a falling wedge from which there may be an
early breakout. The breakout is a confluence of the apex of the wedge with the first lower
VWAP line of an anchor back to the summer of 2023 when price was about $20.
Given the 30% move Friday and after-hours to close out the week and the
huge upside ( potentially a fiftybagger? ), MMAT deserves a consideration of a long entry.
After the opening bell, I will look at the opening range on a 5-15 minute chart and take my
trade counting on increasing momentum sustained into a new trading week and more eyes
on MMAT. I like this stock's underdog status and the penny stock volatility that might be
harnessed to achieve great profit. In the California Gold Rush, the sellers of shovels, pans
and mining equipment made money with the miners. Chips are the new gold and MMAT
is part of the supply chain for semi-conductors. It's that simple.