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CARNIVAL CORPCARNIVAL CORPCARNIVAL CORP

CARNIVAL CORP

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CVC1 trade ideas

Carnival Cruises - Too Big to Fail and a Generational Buy OppoCovid and the broader financial market freakout has decimated the "premier" Walmart brand of cruising. But at the same time it is essentially too big to fail. That’s why I still see it as a rebound play despite the ongoing pandemic and omicron variant. It, along with Royal Caribbean and Norwegian Cruise Line simply define the industry. The three companies collectively account for $52.96 billion of the $53.42 billion in market capitalization within the cruise line sector. Carnival is the largest and most important player in the industry. IGNORE THE BEARISH TAKE AND INSTEAD BUY AND FORGET The bear thesis against Carnival relates to the ongoing pandemic. It has been a very trying period for cruise ship operators. That long, trying journey continues. In fact, at the end of 2021 the CDC increased its travel warning for cruises to the highest level. It also issued the warning that the risk remains very high in spite of vaccination status. The idea underpinning this argument is that cruise ship operators have had to take on increasingly massive debt loads. Yes, operating cruise ships is a capital intensive business. And yes, Carnival’s debt load has increased. As of Nov. 30 its long-term debt sat at $33 billion. That was up from $26.95 billion a year prior. So yes, it is rising, and yes, most would characterize that as a ‘massive’ debt load. The consequences of the debt load it took on during the pandemic will be felt for several years. But at the same time, Carnival will remain the largest cruise line in the world. It isn’t dead, it isn’t going bankrupt, and no other cruise line is going to usurp its position in the industry. But it isn’t as if Carnival is at risk of going bankrupt. At last check, it maintained $7.8 billion in liquidity. Yes, that’s less than the $9.51 billion in liquidity it reported a year earlier. Losing over $1 billion is a big loss, but considering their operations have been shuttered almost entirely, it’s impressive they still have that much. In other words, Carnival is still the biggest cruise ship operator on the planet, and that means its still a rebound and reopening play. Dare I say, this generational buy opportunity in this current era of inflation and despair may prove to be the best investment I have made since Bitcoin back in ~2013 That is NOT to say it WONT go lower in the short term, in fact RH finally allows for limit orders and I have more set down to $4. But this is a definite buy and forget.
NYSE:CCLLong
by thesean
2
An update on Carnival Corporation (It's not green). CCLSomeone requested an update on this gem, so why not. Key resistance broken earlier, now in Wave C of Zigzag, looking to drop to at east 1.2 of Wave A. ECHO supportive. Parabolism and volatility both supportive of fractal idea. Cheers. 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.
NYSE:CCLShort
by Rykin_Capital
Bullish Unusual Options Activity on CCL Sep 9.50 callNYSE:CCL $325K in premium traded for $9.5 strike calls for Friday September 30th 2022 expiration traded today. Unusual Activity for $9.5 calls about 28,000 contracts traded throughout the day @ approx $0.25 per contract (Above Open interest of only 3200) Carnival Corp earnings date is 09/29/2022 Thursday Stock is at an interesting price level. If stock price moves up and IV increases could help add premium value to the call options. Risks : Short Expiration - Theta Risk. Earnings Risks. I would recommend a vertical spread to keep theta at bay especially after earnings when IV will drop reducing the price of the options if you expect to hold this past earning. Entry Above: 9.01 Target 9.36, 9.65, 9.96 SL close below 8.74 You can use the above levels to trade the stock as well with risk reward ratio of approx 3.65 (defined risk) Follow more unusual activity signup using my referral link marketaction.live Important Note: This is a short duration contract with earnings risk. Please trade responsibly. Please let me know in the comment if you find this useful.
NYSE:CCLLong
by marketaction_live
CCL ready to breakCarnival Corporation Short Term We look to Buy a break of 11.11 (stop at 10.17) A break of yesterdays high would confirm bullish momentum. Posted a Double Bottom formation. The measured move target is 14.11. Further downside is expected and we prefer to set shorts in early trade. Our profit targets will be 14.11 and 16.04 Resistance: 11.00 / 14.17 / 17.20 Support: 9.50 / 8.50 / 6.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:CCLLong
by Saxo
Carnival corp USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutions
NYSE:CCL
by Sunstorminvest
Carnoval Corporation counting its pennies. CCLGoals 0.56, 0.49. Invalidation at 0.89. 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.
NYSE:CCLShort
by Rykin_Capital
1