The 3 Easiest Indicators To Look For Before Buying A StockIn This video wee are going to talk about "The 3 Easiest Indicators To Look For Before Buying A Stock"
This company has partner with 2 big companies in the industry,
in this video you will see which these big industry giants are.
You need to understanding the following:
#1 The stock is hidden with powerful clues for you
#2 You can watch out for these clues before you buy
#3 Always be sensitive to what the breaking news says
Once you understand what we discuss in this video you
will be more likely to trade safely and make profit this coming week
Watch this video now before this opportunity to make profit this coming week goes.
Cheers.
Technology
theres nothing like amazonits internet, its consumer spending, its technology and its big business. nothing has the positioning that amazon does, and its not going to change in the foreseeable future. the trade war crushed the price, but when we reached a balance with imports amzn shot right back. in 2019 more trade war news crashed it, and when we made a deal with china it rose again. corona slammed it to the downside, and when we intervened to save the economy we went bull again. now inflation, runoff on the balance sheet and subsequent rate hikes have drained the momentum once more, but when that is priced in theres no reason we shouldnt have another wave to the upside. $200 seems in order eventually. with all the things that amazon does now there isnt a better business model.
we are at a crossroads maybe there is hopeone mans hopium is anothers forever market. the time to start averaging into large caps may have passed. this big tech stock might lead the market higher as has happened every time pointed out here around this recent year low. the price is around sss demand which is still green, and were getting near that year low anchored vwap and the bottom of envelope. finding a higher daily low might be near even if we dont end up breaking the weekly high. sell if we break pivot, lower horizontal or resist from upper. buy if we support pivot or lower horizontal or break upper.
NASDAQ - a bear rally turn to downside target updateJust a quick note that the recent NASDAQ (bear) rally appears to have run its course; on the 1H chart, it had a series of Lower Highs and Lower Lows (white lines), and appears to have completed the trend change pattern by breaching the support from the first Lower Low (red line).
Given this pattern completion, a typical breakdown of the critical support would see a fall out to the next significant support level. Two of which are close to each other, and about 10,600.
The MACD is supporting this view with the MACD crossing under the Signal line, and both crossing down into bearish territory below zero. In alignment, the Volume Divergence has similar cross down / cross under as well.
The described breakdown happening in the Asian market hours might see a struggle to keep at the support level area and a probable dive later today at the pre-market opening or early market open hours.
Having complete the pattern to the projected target present yet another breakdown which might see an overextension (perhaps early next week) to below 10,000 on the NASDAQ, as earlier expected to meet the downside projected target.
An early warning to brace well as we go into the weekend and roll over to next week…
Apple Inc. Price target: $70.00/share
As part of my inverse big tech ETF...
Apple is another SHORT position going into this economic slowdown. Projecting $AAPL to decline about -60% to the 200-D MA, the .618 fib, and the pre-pandemic level.
1) Cause: Operating margin are coming down. Effect: Apple cutting costs (Bearish setup)
2) Market cap still holding on which is why $AAPL hasn't crashed yet.
3) Downward EPS revisions
NASDAQ has more downsideThe NASDAQ futures are ominous... for more downside movement, given that the first projected downside target has been hit, and exceeded.
The NASDAQ weekly chart is bearish looking, with technical indicators supporting that view.
Still aiming for <10K (9600).
The daily chart has slightly better technicals on the MACD, but it is probably an artefact of the Thursday surge. Nonetheless, the Friday wash out bearish candle left no prisoners with closing at the YTD low.
Bearish momentum is clear and present.
ARKK : The Innovation Fund. SELLCathie just published her Open letter for Fed. If a bottom stock picker tracks macro and starts advising the Central Bank about what to do, you know something is wrong in Paradise.
Technically speaking, the price chart has forming a H&S. Ten out of last 11 months have beeen negative months.It has grossly underperformed all the possible indices .
Fundamentally speaking the FAANGs & MAMAA's of the world are still grossly overvalued in the interest rate stabilising world, note it that I never said rising, because as one of the factors of production, the price of money should never have been negative.
Can you fathom a negative Salary for your monthly efforts ??
My Target for this overhyped overblown Fund is $29.30.
Importance of index analysis ! Short Tech & Long Energy stocks.It is critical to analyze indices when choosing stocks !
SPN (Energy sector of S & P ) outperformed SPX since start of new year . While SPX is officially in bear market , SPN gained above 30 % so far and was above 60 % at it's latest major high !.
SPX bounced back last week raising hopes for bulls however, I think it is just a bear market rally and worst may still on the way ! Please note in most bullish scenario SPX may fall down to 3300-3500 level. In moderate case scenario which I believe the most , SPX may see 2400 and in this case Dow will fall down to 18000 ! . This moderate scenario implies for end of about half of century bull run ( from 1974 to 2022) . There is even worse case scenario which calls for completion of 90 years bull run from 1932 to 2022 !!! ( you can see my published video idea about DJIA and different scenarios). Please keep in mind that FED is insisting on rate hikes and we are still at half of rate hike road ! and Mr Powell finally accepted the risk of recession last week. Don't fight FED.
On the other side, Oil price is high which brings long term profit for oil companies e.g Exxon ! . Oil high price allows for extension of activities for giant oil companies which brings them more profit for example, margin oil fields which once were not commercial now become commercial and profitable ! . I believe oil is going to stay above 100 USD for long term considering OPEC's production capacity at the peak and simultaneous sanctions of IRAN, Venezuela and recently Russia !.
Now lets look at what we have on chart :
1. Candles are clearly below both 50 and 200 weekly moving averages and there may be a possible death cross in upcoming weeks.
2. Chart has lost 0.618 Golden ratio Retracement leve l of the entire up going wave from bottom to ATH. This former support now acts as a strong resistance .
3. Lost golden ratio support beautifully coincides with 0.236 Retracement of the latest major down going wave which makes our resistance even stronger.
4. In terms of Elliott waves , there is still one remaining leg down (wave 5 ) to complete the major impulsive down going wave started at ATH. End of Possible mentioned wave 5 may find the support at 0.786 Retracement level which is a strong supply/demand area as well.
All in all , there is no strong support in favor of SPX against SPN. As written on the chart, Technology stocks are among worst performing sectors in SPX in 2022. I believe they have still much room to go lower considering their sensitivity to rate hikes. For example, in case of loosing last support, NVDA will fall at least to 133 or even 75 in worse scenario. On the other hand, energy stocks e.g XOM or COP are completing internal waves of their long term ascending wave 3 . Although they may see some negative days or even weeks , their general trend is up and remind this golden words in world of marketing which says : " Trend is our best friend . " To wrap up , I go short technology and go long energy stocks but certainly in appropriate time and safe trade setup.
I appreciate Tradingview's team for giving this chance to authors to participate in this interesting and encouraging competition.
Good luck everybody.
NASDAQ downside risk, clear and presentSimilar to the SPY analysis, the NASDAQ is actually slightly more bearish looking...
The daily NQ1! chart has bearish indicators all around, and already is in the immediate downside target range, albeit earlier than projected. The recently broken supports now become resistances.
The weekly chart appears even more bearish with the June lows appearing to be easily taken out, and a breakdown to <10,000 very feasible over the next 4-6 weeks.
8 Reasons Why Medtronic is a Great Investment OptionMedtronic is a medical device company that focuses on research, development, manufacturing, and distribution of various medical devices. The company has grown rapidly in the last few years thanks to its strong performance and focus on innovation. In this article, we will discuss why Medtronic remains a strong investment option with a promising future ahead.
Reasons to invest in Medtronic
The strong financial position of Medtronic is one of the main reasons to invest in it. The company’s debt-to-equity ratio is below 1.0, which means that its debt is well below its equity base. This is an important ratio to watch as an investor, especially if the company is heavy on debt – as that indicates that the company may run into trouble in the future especially in times like these where interest rates are going up. The company’s return on equity (ROE) is consistently above its cost of equity, which means that it is earning much more than its shareholders could expect in a risk-free investment. Similarly, Medtronic’s debt-to-asset ratio is below 40%, which shows that its debt is lower than its assets. This is important to look at when evaluating a company’s financial position, as it indicates the company is mostly likely to be able to pay back its debt even in a worst-case scenario.
Strong Financial Position
Another factor to consider when evaluating a company’s financial position is its liquidity. Liquidity is the ability of a company to quickly turn its assets into cash if needed. When it comes to Medtronic, the company has enough liquidity thanks to its cash on hand, cash from operations, and other short-term investments that can easily be turned into cash. Similarly, Medtronic’s current ratio (the number of current assets compared to current liabilities) is above 1.0, which indicates that the company has enough current assets to meet its current liabilities. This ratio is important to look at because it indicates whether or not a company can meet its short-term obligations while also pursuing long-term goals.
Strong Track Record of Growth Through Acquisitions
Medtronic has a strong track record of growth through acquisitions, having acquired dozens of companies in its history. This is important to watch out for when investing in a company – especially if it has a history of poor acquisitions. This can lead to lost capital for investors as well as a company that is unfocused. However, the acquisitions Medtronic has made have all been successful and focused around the company’s core business. This has allowed Medtronic to offer a wide range of products around the world while also keeping its R&D focused on the most important innovations.
Integration of CareLink with Guardian 2 platform
Another example of a successful acquisition is when Medtronic purchased CareLink in 2015 for $250 million. CareLink is a company focused on creating remote patient monitoring solutions that are designed to help patients manage chronic diseases at home. Following the acquisition, CareLink was integrated into Medtronic’s Guardian 2 remote care platform, which connects patients and doctors while also allowing patients to monitor their own health. This represents a huge opportunity for Medtronic as it expands its remote monitoring capabilities. This is especially relevant as more and more people are living with chronic conditions that require consistent monitoring. This is expected to lead to a huge opportunity for remote monitoring solutions in the future.
Solid Return on Investment for Medtronic Investors
When looking at the company’s return on investment (ROI), it is important to note that this is a long-term number. This means that you want to see a high ROI, but this number is not as important as a company’s short-term numbers. However, when it comes to investment, the long-term numbers are actually more important than the short-term numbers. The short-term numbers are important because they indicate how strong of a short-term investment a company is. The long-term numbers are important because they show the potential for long-term growth.
Solid Base of Popular Brands/Products for Medtronic
Another important factor to look at when evaluating Medtronic is its core products and brands. These are the products and brands that define Medtronic as a company, and they are what has helped the company grow over the last few decades. These products/brands can give us insight into Medtronic’s future plans, because the company has to consistently update and improve these products to meet consumer demand.
Medtronic is venturing into the artificial intelligence space
One of the biggest trends in the medical device industry is the adoption of artificial intelligence (AI). AI can be used to help medical devices better understand their environment and collect data/information on patients while also allowing them to communicate with other devices. This can be extremely helpful in the medical device industry, especially when it comes to remote monitoring solutions – which is an area in which Medtronic is already growing. One of Medtronic’s key acquisitions in recent years was HealthMine, which is a company focused on the AI space within medical devices. This acquisition could allow Medtronic to significantly expand its AI capabilities and help the company keep up with the latest trends in its industry.
Financials
EPS
Dividend Yield %
Valuation Metrics
Summing up
There are many reasons why Medtronic is a great investment option. The company has a strong financial position, a strong track record of growth through acquisitions, an integration of its CareLink acquisition with its Guardian 2 platform, a solid base of popular brands/products for Medtronic, and Medtronic is venturing into the artificial intelligence space. These are all reasons to invest in Medtronic because they show a strong future ahead.
NASDAQ decision time soonusing Nasdaq futures to monitor the long term trendline from 1999 till now... we violently broke the trend in 2008, but bounced beautifully in 2018/2020 and I think we soon get a decision on how price will act this time around... it should also let us know what to expect for tech valuations in the coming months/year!
MSFT: Head, shoulders, knees and toesMicrosoft has painted a head & shoulders formation, and is on track to confirm a neckline break on the daily and weekly timeframes. Expect a continuation of the downtrend on this neckline break, as well as further index weakness given MSFT's tremendous weight in the indices.
Notes:
Confirmation still required on neckline break, a wick below is insufficient.
Weekly closure above the neckline will invalidate the pattern.
NASDAQ hits the other type of bump!You could be well forgiven if you thought that the market was toying with you... in the last three weeks, we saw the NASDAQ follow through downside strongly, then ricochet off a support strongly, only to be yet again totally overwhelmed by the bears mauling the markets. In these volatile times, one need to be nimble, and this had been recently heads up in my earlier analyses. Having said all that, something interesting appears to have presented itself, particularly in the NASDAQ futures, NQ1!, and I do wonder how many had actually noticed this enigma. It will be discussed here, and we have to play the bull bear scenarios yet again; expected as the volatility is high and sudden changes can and will happen.
We start with the NQ1! NASDAQ futures daily chart. We see that the week started as expected with a nice gap up follow through from last week Friday, above the 55EMA. Then with a Powell Pow-Wow, one single day engulfed and wiped out 3 days worth of gains, closing two gap ups. Extremely bearish by any standards. The following day was a weak technical rebound, and then a second bearish engulfing type of price action. On Friday, it gapped down, and made a lower low. Only respite is a late session recovery to close the day as a very interesting candlestick known as the Dragonfly Doji . This doji represents a likely bounce, and is a pre-cursor to a possible bottom, or at least a consolidation. The MACD is starting to show a bullish divergence, and it is starting to appear that a bottom may be forming. But till then, the MACD (lagging as it is) is suggesting that there is more downside or a consolidation at best.
Hence, we can draw a critical support line ( the thick yellow line) where price action should remain, and close above for a bullish or consolidation range; otherwise, a breakdown to the previous downside targets is more likely.
Without doubt, the daily chart appears to be more bearish than bullish, but the weekly chart has much more than meets the eye.
Over the last three weeks, the NQ1! NASDAQ futures weekly candle range is clearly increasing, and appears erratic with a down up down pattern. Zooming out, the symmetrical pattern projection suggest that the NASDAQ is due for a further slide down to below 10K. The technical indicators are divergent in the sense that the MACD is bearish, and yet the shorter term RPM is suggesting some bullishness. How now brown cow?
Perhaps if we also take the candlestick patterns to the next level, we might get a clearer hint. The three recent weekly candles circled represent a group of three candlesticks called a Stick Sandwich . In this set of candlestick pattern, regardless of how it looks (bearish) it is typically a bullish reversal pattern at the bottom of a downtrend. Now, to take the bullish scenario, it is nearing the end of a pattern, and the downtrend has been going on for a bit (since Nov 2021 high); so if this is a bullish reversal, then it might be a higher low on the weekly chart. In order for this to pan out, it needs to recover quite strongly over the next couple of weeks, and we can set the resistance at about 13K (thick green line).
Overall, this gives us a rather large range from 11,900 to 12,900, and time is needed to see what/where the market decides. Non-technical factors adding to volatility include FOMC announcement on 21 September. Am not an expert about that, but all I can comment is that volatility both ways is a given. Hence, the range guidance.
Still, keep in mind the initial and base projection down to 9500, it is not invalidated yet.
IMHPO, the I think the bears have a 70/30 edge; am just ready to be nimble (particularly in mindset, perception and timeframe), as the charts are telling.
I really hope you enjoyed and appreciate my rather unique analysis. Admittedly, there are parts not mentioned, but do contribute to the overall situational critical analysis. I do not mention as I am not an expert (yet) in those areas although some factors are considered in the overall analysis. More importantly, there are links for further background reading, so do click on them and enjoy the read. Looking forward to your comments...
Stay safe & well, be nimble.
Have a great week ahead!
9/11/22 NFLXNetflix, Inc ( NASDAQ:NFLX )
Sector: Technology Services (Internet Software/Services)
Market Capitalization: $103.870B
Current Price: $233.57
Breakout price trigger: $236.60
Buy Zone (Top/Bottom Range): $232.30-$211.85
Price Target: $246.60-$250.60 (1st), $298.20-$304.00 (2nd)
Estimated Duration to Target: 13-15d (1st), 54-57d (2nd)
Contract of Interest: $NFLX 9/23/22 235c, $NFLX 11/18/22 240c
Trade price as of publish date: $8.00/contract, $20.95/contract
NASDAQ bump!The NASDAQ (like the SPY) did a spectacular turnaround week...
Last week appeared so bearish with all indication pointing to the down draft to the last low, and this past week appears to have changed that trajectory. Here is why:
The NASDAQ weekly chart closed the week the a bullish candle, one that is significant because it almost qualifies as a Bullish Engulfing (very similar less small strict technical details). More importantly, the bullish candle closed above the previous week's gap down range, a bullish indication.
The technical indicators are not yet aligned as the RPM indicates upward momentum, but the MACD pretty much crossed under the Signal line.
The daily chart has a clearer bullish confirmation pattern, and is a possible higher low pivot. The week had started with bearish days and mid-week came a clear Bullish Engulfing type of candlestick pattern. This was followed through by a nice bullish candle with a lower tail, and beautifully completed by a Gap Up (uncommon for futures) and run to close a previous gap down range. Oddly, it is at a confluence point of the daily 55EMA as well as the resistance of a trend line (green down sloping trend line).
The really nice thing is that the technical indicators, both the RPM and MACD are aligned and supportive of a bullish follow through.
There are a couple of resistances marked out, and breaking each one would give the bulls more impetus to charge upwards.
Appears as if a higher low is formed, and if so, watch for a higher high (13.5K)... ranges are bigger and wider now, so have to be careful.
stay safe!
SPY Cycle Patterns are incredible.Have you ever seen anything that can attempt to predict price trends 30 to 60+ days in advance? Other than Japanese Candlesticks, and quite possibly Elliot Wave, I've never seen anything have the predictive qualities of my short-term & long-term Cycle Patterns.
This is a Daily SPY chart highlighting the cycle patterns that aligned with certain days. As I'm watching these cycle patterns unfold, I'm seeing more and more details emerge.
For example, the current week showed the following:
9-4: Temp Bottom
9-5: Top/Resistance
9-6: Breakdown
9-7: Carryover
9-8: Inside-Breakaway
9-9: Breakaway
9-10: Rally
9-11: N/A
9-12: N/A
A temporary bottom, followed by a top/breakdown in trend on 9-5/9-6. The "carryover" pattern can act like a reversion price trend, or a continuation price trend. Today it resulted in a reversion higher.
Tomorrow the cycle patterns are predicting an Inside-Breakaway followed by a Rally on Friday (9-9 & 9-10).
I expect the US markets will rally higher on some news related to some moderate global crisis. This may send Gold/Silver higher and may drag Bitcoin higher as well. What I expect is a flood of moderate buying to close out this week - catching traders by surprise.
NASDAQ continues tumble towards targetJust a quick review on the week after Powell's Pow Wow speech that sent markets off a cliff...
The weekly NASDAQ futures chart had a rather uncommon gap down that failed a close attempt. The week closed down near the lows as well. MACD turned down and is about to cross under the MACD Signal, and well as into the bear territory. All these happening after a failure of the 55EMA three weeks ago. Taken together, it is not looking good at all, and the technical structure warns badly for the next 7 to 8 weeks.
A target area of 11-11.5K is expected, but with such initial momentum, it appears that the NASDAQ is more likely to dip below 10K level within the next 8 weeks. This is observable only form the weekly chart itself!
Turning to the daily chart, we can see that the last week had bulls struggling with an early but futile attempt to close the gap. This created top tails by mid-week which indicated more downside probability (as expected), and despite a rally on some good data later in the week, the bearishness overwhelmed into closing on Friday. The technical indicator RPM is showing a strong momentum, and the MACD signal is already in bearish territory.
11750 appears as an immediate support, which is not likely to hold out long, but is likely to offer a breather of the bear charge next week. The gap range formed in the week's opening is now a resistance zone.
Overall, there is a strong bearish background, but the week incoming should offer a pause, and some sort of a muted technical bounce. Thus far, the modelling targets the NASDAQ below 10K. Until there is a clear break of this model projection, which might take at least a month to form, the NASDAQ is following the projection; heads up.
what a great stock to own long termfacebook is one of those companies that is pretty well here to stay. i could see this over $600 one day. once we get over TRAMA and sss, qqe go green i would have no problem averaging into this for a passive investment in tech. facebook will always think of new ways to squeeze more money out of their user data.
TESLA Bull Flag almost completed. Strong chances for $340 in OctTesla (TSLA) is trading within a Channel Down ever since the August 04 High, which following the rally since June 16, whose Higher Lows trend-line is intact, can be viewed as a technical Bull Flag formation. This pattern is common after strong rallies and Tesla's has been more than +50% within a 3 month span, with profit taking on the medium-term coming as a natural reaction.
The 1D MA50 (blue trend-line) and 1D MA100 (green trend-line) are intact and still supporting. In fact the MA50 is about to cross above the MA100 for the first Bullish Cross pattern since August 12 2021. With the MACD on the 1W time-frame still on a strong Bullish Cross, as long as the June 16 HL hold, it is more likely to see a new rebound towards the 0.786 Fibonacci retracement level and the top of the long-term Channel Down.
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AMAZON formed a 1D MA50/100 Bullish Cross. Accumulation ahead.It's been only 1.5 month since our long-term buy call on Amazon (AMZN):
The price rose aggressively after weeks of accumulation within the 1W MA200/300 and as we projected broke out hitting almost the first important long-term Resistance (1W MA50). On August 16 the price was rejected exactly on the 1D MA200 (orange trend-line), which was the point of rejection on the previous Lower High (March 29) of this 2022 correction phase.
The stock rose almost +45% from its June 14 Low, so profit taking was expected. The 0.382 Fibonacci retracement level broke and the price is just above both the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line). The former crossed today above the latter forming a technical Bullish Cross, the first such formation since December 03 2021. That was a far from ideal pattern as it broke the uptrend's Higher Lows trend-line and basically was at the start of the 2022 correction phase.
This time the Higher Lows trend-line is much lower (currently around $114.40) so on the medium-term we remain on a downtrend, until the 1W MA50 and Lower Highs Zone break. However, it is the first time we have such a strong and long uptrend on the 1W RSI, with its Higher Lows trend-line still intact.
Practically, as long as the 1D MA50/100 hold, we can expect a re-test of the 1D MA200. If they break, there is still a chance of finding Support on the 0.618 Fib. Further selling can be done below the Higher Lows trend-line.
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Bull Signals for Apple StockBased on my calculations, the most distant point at the predictory period shown by the blue line is an ideal time to begin dollar cost averaging into AAPL stock; Based on Fibonacci calculations (with 10 week constraints ), a strong bullish sign is evident within the coming weeks. Now's the time to buy the dip.
Apple Inc. (AAPL) is currently in a primary dip period, meaning it is a prime opportunity for the outlooked wealth transfer towards retail investors like us.
AAPL has been on a tear since its lows in early 2016, and has more than doubled in price. However, the stock has pulled back in recent months and is now trading around its primary dip period lows. This could be a sign that the wealth is starting to transfer towards retail investors, and now may be a prime opportunity to buy AAPL.
Apple is a technology giant and is well-positioned to benefit from the growth of the global technology sector. The company has a strong brand and a loyal customer base, and is well-positioned to continue to grow in the years ahead.
Apple is trading at a price-to-earnings ratio of 18, which is a bit higher than the broader market, but the company is expected to grow at a rate of around 10% in the years ahead, which justifies the premium.
Overall, Apple is a strong company with a bright future, and now may be a good time to buy the stock. The wealth appears to be transferring towards retail investors, and AAPL is trading at a discount to its fair value.
Executing a long position with a minimum of a 6 month time-frame.