Renault’s €2.2 BILLION Loss SHOCKER: Nissan’s Costs Hit Hard!Renault’s €2.2 BILLION Loss SHOCKER 💥: Nissan’s Turnaround Costs Hit Hard! 🚗💸
Imagine Renault and Nissan are like best friends 🤝 who share a big toy car company 🏎️. Renault owns a big piece of Nissan, kind of like having a lot of the toy car's parts 🛠️. But Nissan had a tough year because fewer people bought their cars 📉, especially in places like China 🇨🇳. To fix this, Nissan is making some big changes, like making fewer cars 🚘 and saying goodbye to some workers 👋. These changes cost a lot of money 💰, and because Renault owns part of Nissan, Renault has to share the cost 😓. This means Renault will lose some money this year, about 2.2 billion euros 💶, which is like losing a giant pile of coins! 🪙 But Renault's bosses think these changes will help Nissan make better cars and sell more in the future 🌟, so both friends can be strong again 💪.
Analysis (Up to May 13, 2025):
Renault Group’s announcement of a €2.2 billion hit to its first-quarter earnings 📊 stemming from its 35.71% stake in Nissan reflects the interconnected financial dynamics of their strategic alliance 🤝, as well as broader challenges in the global automotive industry 🌍. Below is an institutional-level analysis of the situation, incorporating the provided data and contextualizing it within the current market environment as of May 13, 2025 🕑.
1. Financial Impact and Impairment Context 📉
Renault’s Exposure to Nissan: Renault’s €2.2 billion earnings hit 💥 is directly tied to Nissan’s reported net loss of approximately $5 billion 📅 for the fiscal year ending March 2025. This loss includes impairments (writing down the value of assets like factories 🏭 or inventory 📦 that are no longer worth as much) and restructuring costs (expenses for layoffs 👥 and factory reductions 🔽). As a 35.71% shareholder, Renault absorbs a proportional share of Nissan’s financial setbacks 📉, which are booked as a negative contribution to Renault’s earnings 💸.
Accounting Implications: The impairments reflect Nissan’s need to adjust the book value of its assets 📜 to align with weaker market performance 📊, particularly in China 🇨🇳, where sales have significantly declined 📉. Restructuring costs are linked to Nissan’s November 2024 announcement of cutting 9,000 jobs 🚫 and reducing global production capacity by 20% 🔧. These measures aim to streamline operations but involve upfront costs 💰, impacting Renault’s financials due to equity accounting rules for its Nissan stake 📈.
Market Reaction: Despite the earnings hit, Renault’s shares rose 1.2% to €48.46 in early trading on the announcement day 📈, suggesting investor confidence in the long-term benefits of Nissan’s turnaround plan 🌟 or optimism about Renault’s core operations 🚗. This resilience may also reflect broader market dynamics, such as stabilizing demand in Europe 🇪🇺 or positive sentiment toward Renault’s electrification strategy ⚡.
2. Nissan’s Turnaround Plan and Strategic Rationale 🔄
Sales Decline: Nissan’s fiscal 2025 sales fell 4.3% to 3.3 million units 📉, driven by weakness in China 🇨🇳, Japan 🇯🇵, and Europe 🇪🇺. China, the world’s largest auto market 🌐, has been a pain point for many global automakers due to intense competition from domestic brands like BYD 🚘 and declining demand for traditional vehicles amid an economic slowdown 📉.
Restructuring Efforts: Nissan’s turnaround plan, announced on April 24, 2025 📅, focuses on cost reduction 💸 and operational efficiency 🔧.
The 9,000 job cuts 🚫 and 20% reduction in production capacity 🔽 signal a shift toward leaner operations, prioritizing high-margin markets and products 📈. This aligns with industry trends, as automakers globally face pressure to adapt to lower demand for internal combustion engine vehicles 🚗 and invest heavily in electric vehicles (EVs) ⚡.
China Strategy: Nissan’s weak performance in China 🇨🇳 underscores the need for a revised market approach 🔄, potentially involving localized EV models ⚡ or partnerships to compete with dominant players 🏆. The impairments likely include devaluing assets tied to underperforming Chinese operations, such as factories 🏭 or unsold inventory 📦.
3. Renault-Nissan Alliance Dynamics 🤝
Historical Context: The Renault-Nissan-Mitsubishi Alliance, formed in 1999 🗓️, has been a cornerstone of both companies’ global strategies 🌍, enabling shared R&D 🧠, platforms, and cost efficiencies 💰. Renault’s significant stake in Nissan ties their financial fates closely 💸, but recent years have seen tensions 😬, including governance issues and strategic divergences, particularly after the 2018 Carlos Ghosn scandal 🚨.
Mutual Dependence: While Nissan’s challenges weigh on Renault ⚖️, the alliance remains critical for both. Renault benefits from Nissan’s scale in markets like North America 🇺🇸 and Asia 🌏, while Nissan leverages Renault’s expertise in Europe 🇪🇺 and EV technology ⚡ (e.g., Renault’s success with models like the Megane E-Tech 🚗).
The €2.2 billion hit 💥 underscores the risks of this interdependence but also highlights Renault’s commitment to supporting Nissan’s recovery 🌟, likely viewing it as essential for the alliance’s long-term viability 📅.
Potential Risks: If Nissan’s turnaround falters 🚫, Renault could face further financial strain 😓, including additional impairments 📉 or pressure to dilute its stake. Conversely, a successful restructuring could strengthen the alliance 💪, boosting shared EV development ⚡ and cost synergies 💸.
4. Industry and Macro Context (Up to May 13, 2025) 🌍
Global Auto Industry: The automotive sector faces a complex transition in 2025 🔄, balancing the shift to EVs ⚡, supply chain disruptions 🚚, and regional demand variations 📊. European automakers like Renault are under pressure to meet stringent EU emissions targets 🌿, while Japanese firms like Nissan grapple with declining relevance in markets like China 🇨🇳, where EV adoption is accelerating ⚡.
China’s Role: China’s market challenges are systemic 🌐, with global automakers losing share to local brands 🚗. Nissan’s sales drop 📉 reflects this trend, and Renault’s indirect exposure via Nissan amplifies its vulnerability to China’s slowdown 😓.
EV Transition: Both Renault and Nissan are investing in electrification ⚡, but Nissan’s restructuring may delay its EV rollout 📅, potentially ceding ground to competitors 🏆. Renault, with its stronger EV portfolio in Europe 🇪🇺, may need to lead alliance efforts in this area 🚗.
Macro Factors: Rising interest rates 📈, inflation 📊, and geopolitical uncertainties 🌍 (e.g., trade tensions) continue to impact consumer demand and production costs 💰. These factors likely exacerbate Nissan’s sales declines 📉 and Renault’s financial hit 💸.
5. Long-Term Outlook (4-10 Year Horizon) 🔮
Nissan’s Recovery Potential: If Nissan’s restructuring succeeds ✅, it could emerge leaner and more competitive by 2029 📅, with a focus on high-growth segments like EVs ⚡ and markets like North America 🇺🇸. This would benefit Renault through improved equity income and alliance synergies 🤝.
Renault’s Strategy: Renault is likely to prioritize its European operations 🇪🇺 and EV leadership ⚡ while supporting Nissan’s recovery 🌟. Divesting its Nissan stake seems unlikely in the near term 🚫, given the strategic importance of the alliance, but Renault may seek to diversify its portfolio to mitigate risks 🛡️.
Alliance Evolution: Over the next 4-10 years 📅, the Renault-Nissan-Mitsubishi Alliance could deepen integration in EV platforms ⚡ and autonomous driving 🤖 or face pressure to restructure if financial strains persist 😓. External partnerships (e.g., with Chinese firms for Nissan 🇨🇳) or mergers could reshape the alliance’s structure 🔄.
Risks to Monitor: Key risks include prolonged weakness in China 🇨🇳, failure to execute EV strategies 🚫, and macroeconomic volatility 🌍. Regulatory changes, such as stricter emissions rules 🌿 or trade barriers 🚧, could further complicate the alliance’s plans 📜.
Conclusion 🎯
Renault’s €2.2 billion earnings hit 💥 reflects the immediate financial burden of Nissan’s restructuring and market challenges, particularly in China 🇨🇳. However, the institutional perspective sees this as a strategic investment in Nissan’s long-term recovery 🌟, critical for the Renault-Nissan-Mitsubishi Alliance’s competitiveness in a rapidly evolving industry 🚗. For a 4 to 10 year old, it’s like Renault helping a struggling friend fix their toy car 🛠️, taking a short-term loss 💸 to ensure both can play better in the future 🎉. Over the next 4-10 years 📅, the success of Nissan’s turnaround and the alliance’s ability to navigate the EV transition ⚡ will determine whether this hit becomes a stepping stone 🪜 or a recurring burden ⚖️.
Turnaround
Euro can start to decline from resistance line of wedgeHello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price entered to upward wedge, where it at once turned around from the support line and rebounded up to the 1.1000 support level, which coincided with the support area. After this movement, the EUR made a correction movement and then bounced up higher than the 1.1000 level, breaking it, but soon turned around and declined below. Then price started to grow and later reached the current support level, which coincided with one more support area. Soon, EUR broke this level and reached the resistance line of the wedge, but then it at once turned around and declined to the 1.1000 support level, breaking the 1.1140 level again. Also, the price reached the support line of the wedge again and after this, it turned around and bounced up to the 1.1140 level. This level price broke a not long time ago and at the moment it trades near the support area. In my opinion, the Euro can reach the resistance line of the wedge and then start to decline to the support line, breaking the support level. For this reason, I set my TP at 1.1065 points, which coincides with the support line of an upward wedge. Please share this idea with your friends and click Boost 🚀
ALKYLAMINE is Reacting & Showing Change in Structure & STORYNSE:ALKYLAMINE
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TURN-AROUND STORY IS IN PROGRES IN TERMS OF PRODUCTION FACILITY AND SUSTAINABLE PRODUCT WHICH WILL BE ABLE COMPETE CHINESE COMPATETORS
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Company has reduced debt.
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 19.0%.
Company has been maintaining a healthy dividend payout of 26.5%.
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Strong financial risk profile and ample liquidity: Networth was healthy at Rs. 1263 crores as on March 31, 2024 (Rs 1165 crore as on March 31, 2023), with nil gearing as on March 31, 2024.The total outside liabilities to adjusted networth (TOL/ANW) ratio though had decreased to 0.25 time as on March 31, 2024 from 0.36 times as on March 31, 2023, and it is expected to improve over the medium term driven by steady accretion to reserves, absence of long term loans and moderate reliance on external debt for working capital and capex. Cash and cash equivalents of Rs 17 crore as on March 31, 2024, provide cushion to overall liquidity. Interest coverage ratio has improved to 60.4 times March 31, 2024. It is expected to remain healthy over the medium term.
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FUBO turnaround could be soon?As expected after the rejection of the 200 day MA , a nice head-and shoulder formed, which has almost played out really by book. Notice the descending wedge, where the bottom should provide support (gap down possible, so the HAS could reach its target). Waiting for confirmation to close above 9day EMA, and then expecting an upward trend to fill the gap. Could hit the top of the wedge providing resistance.
The last oneFirst, this stock is a total disaster for every retail holder, including myself. Secondly, this stock is unpredictable since as it seems to my eyes VCs control the game and can do whatever they want... burn it to 0, sell it for $5,$10,$20 etc... or raise capital and dilute. Here are some points to consider though:
1. Descending Broadening Wedge Pattern target $59 +-$1 more on the pattern here ()
2. Inverse Head and Shoulder Pattern target $59 +-$1 more on the pattern here (www.tradingview.com)
3. 0.236% Fib Retracement since gap down after wsb pump 2021 at $58.55
4. Russel Rebalancing prior to ex-CEO + founder removal at $58.50
5. Citron last tweet mentioning wish worth $50? (do not take into account this one but just for the sake of the conversation)
Some things in favor of an upward move:
1)FED pause = peak rates = expecting cuts heading into 2024 and beyond
2)Inflation for now is behind us and might be heading to deflation
3)Small caps momentum (wish will get inflows from funds following Russell3000)
4)10y% down = risk on
5)Oil down = more disposable income = increase discretionary spending
6)Heading into US elections, historically a positive year for markets
7)What about China's comeback into the 2024 year of the Dragon?
8)DXY down positively correlated to US stocks going up
Wish turnaround checklist
1)Bad Merchants cleared and quality improved ✓
2)NPS improved (flat rate shipping, faster shipping, lower refund rates, better quality products,more pick up points,better customer support)✓
3)Operational Excellence (fired 2/3, hiring lower cost employees in China) ✓
4)App improved ✓
5)New Website (pending...)
6)New merchant commission structure coming into 2024 ✓
$59 = $1357m valuation
Expected Sales 2024 = 200m... I think the bar here is very low but since they control Ad spending which is highly correlated with revenue the sales number is not that predictable ( i can't be in their head on what they are planning to do)
Cash on hand 445m as of Q3 and going to burn another 50-60m on Q4 so cash at the end of the year should be standing at 385m
2024 cash burn should be 40m less than the previous year due to layoffs so 10m/Q less. If sales number is 200 as projected meaning -30% than 2023 then i would expect total cash burn to be -30% as well = 25-35m / Q leaving wish with approximately 250m +-20 at the end of 2024. But those are all assumption in my head but the big picture says wish 2024 EoY cash to be standing above 200m! which means they will have to take a decision on what they are gonna do in 2025
1)sell it
2)raise money dilution
And something to consider about the Forest not the Tree! Temu success is a proof that wish got the idea right from the beginning but bad management execution failed this company! For me that means that wish business model = mobile low cost e-commerce targeting West shifting downward middle class + Rest of the world shifting upward class(formation of new middle class) is right BUT what can happen to this stock i do not know anymore. All i can do is wait...
EDITAS bottoming in process, turnaround soon, target min ~22 USDEDITAS could be in the bottoming process, I am watching it for a few years now.
We have a falling broadening wedge, on which we had a breakout already. This is part of a bigger falling wedge (blue).
It is techincally possible, we had put in the lows at 6.35 as a wave 5 (as an ending diagonal), which is part of wave V as a last wave, of the biggest Wave (II). This would indicate, for quiet a few years we have the lows.
Now, it is possible (~20%) that the wave(II) can extend, and that currently what we are forming is just a wave(IV) as a bigger ABC correction, but we should NOT ignore this good opportunity.
In the primary scenarion (bottom is in place): we already had a 5 count up (sorry for the inconsistency in the colors and the letterd counts) as a diagonal, completing the orange wave I (or wave A) up, and now, alongside with the news that shares are issued, we are having the orange wave II as an abc pullback. Due to the impulsiveness, this is certanly an a wave down, and it does not seem finished yet. It will be followed by a b wave up, and then agan a c wave down.
I have marked the turnaround/support boxes.
Possibly, with the abc we could form a head and shoulders (but target wont be reached). We would like to have the turnaround optimally in the green box. It could have a deeper pullback, so chances are, it will drop to the orange box. (I am scaling in)
Under the orange box is what I call the "danger" zone; it COULD still turn around, but more often than not, it is just not playing out, and being extremely risky, signaling, that possibly new lows are coming
I have already made 3 positions opened between 8-9 USD from previous months (accumulation)
Strong support (which will be my scale in zones for further accumulation):
~8.80
~8.40
~7.75
I am also swing trading it(several days->weeks, shorting/buying) on a short frame based on elliott counts/luxalgo/support zones/MA's. (i.e.: if a wave seems done, put in a hedged long for 3 counts up for b wave, then short it down hedged till .618 OR 5 counts down)
On the daily:
RSI is cooling down from overbought levels, and MACD possibly diverging (already converged)
200 day MA is rejecting us,180 as well.
15day SMA, 21day EMA, 9day SMA rejected us.
50/52 day SMA is below us, but with the bottoming/pullback likely we will sip below that (but converging upwards)
On the weekly:
we getting rejected for a while on the 9.85 levels, indicating a pullback for many weeks now (again, my primary scenario it wants just a wave 2 pullback in)
RSI is pulling back, but have not diverged with the trendline, and possibly will not, i expect to provide support
MACD is coming up nicely to the base level, but deccelerating.
Invalidation for the setup is the brushed yellow line.
7 December us 30 analysisUS30 current hourly trend bearish with a drop from Monday to Tuesday lows at 1000pips
Wednesday prediction may form a lower low during USA session at around 19:00 South African time and a close of USA session above previous day close hinting at an emminent reversal
If wednesday does not reverse then Turnaround Thursday is very likely and can be bought within the range of 33250-33331 and can be held till a higher high is formed above 33670
safe trading and good luck
WIX: Bear market rally?Wix.Com
Short Term - We look to Buy at 65.69 (stop at 58.33)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The trend of higher lows is located at 60.00. A weaker opening is expected to challenge bullish resolve. Support is located at 65.00 and should stem dips to this area. Preferred trade is to buy on dips.
Our profit targets will be 84.99 and 92.00
Resistance: 85.00 / 110.00 / 200.00
Support: 65.00 / 53.00 / 34.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
ABT: Turnaround?Abbott Labratories
Short Term - We look to Buy at 105.03 (stop at 102.52)
Buying pressure has confirmed an initial rejection from the approach towards the key psychological level of 101.21. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Further upside is expected although we prefer to buy into dips close to the 105.00 level.
Our profit targets will be 112.00 and 114.00
Resistance: 112.00 / 118.00 / 140.00
Support: 105.00 / 95.00 / 61.30
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
MRNA has rallied 66% from its bottom MRNA has rallied 66% from its bottom set in mid june.
Technical indicators suggest a strong turnaround.
The P/E ratio and Forward P/E ratio remain in the low single digits.
I boosted my position when the price crossed above the 50 day EMA.
I will take advantage of any pull-back below the 200 day EMA close or low.
Overall, this is still a nice entry point if you wish to go long MRNA for the rest of the decade.
UBER: Turnaround or bear market rally?Uber Technologies
Short Term - We look to Buy at 25.07 (stop at 21.38)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. They reported better than expected earnings which is positive for sentiment. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. We look to buy dips. Further upside is expected.
Our profit targets will be 33.86 and 36.00
Resistance: 34.00 / 45.00 / 60.00
Support: 24.00 / 20.00 / 13.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
AMD:Bear market rally or turnaround?Advanced Micro Devices
Short Term - We look to Buy at 76.98 (stop at 72.75)
The primary trend remains bearish. We are assessed to be in a corrective mode higher. The daily chart technicals suggests further upside before the downtrend returns. Trend line support is located at 76.00. Dip buying offers good risk/reward.
Our profit targets will be 90.00 and 95.00
Resistance: 90.00 / 110.00 / 125.00
Support: 76.00 / 60.00 / 40.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
GOOG: Have we reached the bottom?Alphabet
Intraday - We look to Buy at 2214 (stop at 2105)
Buying pressure from 2150 resulted in prices rejecting the dip. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Prices expected to stall near trend line support. Dip buying offers good risk/reward.
Our profit targets will be 2549 and 2600
Resistance: 2555 / 2860 / 3032
Support: 2140 / 1900 / 1600
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
GBP/CAD: Bullish Engulfing Turn SetupGBP/CAD: Bullish Engulfing Turn Setup
> Price at major support level
> Heavy Bank buying i.e. Bullish Engulfing
> POC with much room ahead
> Low Volume ahead i.e. immediate upside
> Positive GBP News released
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NFLX:If it looks like a bottom. . . ?!!Netflix
Short Term - We look to Buy a break of 210.00 (stop at 158.96)
The bullish engulfing candle on the daily chart is positive for sentiment. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. Further upside is expected to close the gap between 248.70 and 333.22.
Our profit targets will be 329.00 and 400.00
Resistance: 240.00 / 330.00 / 400.00
Support: 160.00 / 125.00 / 81.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Omicron BUY alert!Buy anything that has a good price according to the companies value (look at price targets) and/or your own opinion. Plus your favourite companies and some of the very beaten down ones too, as long as they don't go out of business anyway! But that's obvious.
OK, tech is still overpriced, so the SPY could even correct back (or go sideways for long) while biotech, REITs or whatever that was undervalued so far - can go UP.
Real pandemic (science) or hyped plandemic (you have the right to believe anything) :D whichever you believe in, doesn't matter in this regard.
Sure, more and more cases, much faster spread...right? This is all good news though, as this new variant (Omicron) is more likely our real hope to get out of this whole Covid situation by "letting it" (figuratively speaking) spread so wide, almost everyone would get it, and that's the point, as this weak variant is much-much less likely to cause serious harm as the others we had before and so far. This way all, even the unvaccinated will develop immunity (even though some will die) and as a population in terms of survival... so, this is how we can most likely come out of the problem in the fastest way with the least casualties. This is math I'm talking about, so don't even try to go back to that fear mongering state of mind you see from the media.
This is the scientific consensus each time on that a virus is a very potent cr and it's goal is to spread and NOT to kill. And as it's very rapidly gaining in all aspects: it gets more transmissible and less harmful, finally becomes like the average flu! And that we already know and live together with for ages now! Case solved. Economy BACK.
Ted Bauman got me thinking when he was sharing data on S.Africa the other day and said "lots of cases, zero death of children" or something like this, but the implications of this cut my attention.
So, wake up everyone! We have a bright future!
PS: buy the ones that no one is interested in buying now. Like IVR, OBSV, HEXO, TXMD or even RSLS, WISH, oh and LMND is very good! Consider Lemonade, I wrote about them already. Plus even BABA in China is going to be OK and just fine in the future. And just so you know, I'm a BTC lover and a Tesla fan too. I liked IBM also, the same way in the 1999/2000 and 2001 period. And so on for an other 5-7 years (and ever since). Because they were the best, the top, that's it, end of story. Still, you understand now why it wasn't a good investment between 1999-2008 or so, I don't remember now exactly, but you get the idea. Yeah OK, history doesn't repeat itself. But often can rime! And with what Ted says, it could be a perfect harmony. (ha-ha plus he plays the guitar)
Technicals: look good too. Get yourself up and join one of the "Buy The Dip" crowds. According to what we learnt from David Frost, this is a buying area (for some stocks). But it's Your responsibility to determine for which ones.
Trade safe, but even better: invest.
Oh and change it to the 100 Day MA please!
BUY PENN around the $70-75 range for a move up to $105!Penn National Gaming, Inc. is an American operator of casinos and racetracks, based in Wyomissing, Pennsylvania.
It operates 44 facilities in the United States and Canada, many of them under the Hollywood Casino brand. The company also controls a 36% stake in Barstool Sports.
With the US consumers sitting on over $5.4 trillion of additional savings as a result of the COVID-19 pandemic we believe that Penn National Gaming will benefit from the large consumer spending spree that we expect to sweep the US in the second half of 2021. In addition to that, people who like to bet on various sporting or racing events were severely limited in terms of betting options throughout the last 12-16 months. With things slowly but surely going back to normal despite the new highly contagious Delta variant, we believe that Penn National Gaming is uniquely positioned and will likely see strong revenue and earnings numbers in Q3 and Q4. Last but not least, let's not forget that Barstool Sports is basically a digital content producing company focused exclusively on sports. Thus, with the return of the NFL pre-season starting in August and the actual season in September, Barstool will be a strong driving force for Penn National Gaming's stock moving forward. Lastly, we should also point out that Barstool Sports launched the Barstool Sportsbook back in September, 2020 which is basically a betting app, and handled over $11 million in wagers during its first week of operations!
It definitely seems that the stars are aligning almost perfectly for PENN and as a result of that we believe that the stock will be trading above the $100 mark by mid-September latest.
From a technical standpoint the chart also shows the presence of a strong bullish interest around the $70 level. All major daily indicators including the Stochastics, RSI, MACD and Bollinger Bands are also pointing to a strong reversal in play.
Our targets for the 8-10 weeks will be $105 and $120 respectively.
Good luck guys and remember to always do your own research as well!