DontListenToThisClown

DontListenToThisClown

I won't pretend that Tesla's valuation as anything to do with reality, but signs are pointing to a significant pullback in the short term to the $1765 area. Volume has increasingly fallen off each time it has tested the $1910-15 area. Expect $TSLA to test this level one more time. If it fails, it'll like fall through the support line unless the rest of the...

DontListenToThisClown

Boeing, as a company has been under an immense amount of scrutiny as the MAX 737 scandal has unfolded over the last year. Yet, the company's stock price has survived relatively unscathed. In Jan '19, Boeing released stellar earnings of $5.63/share, the stock bounced up from $360 to $445 in a little over a month - an increase of 23%. Shortly thereafter, the stock...

DontListenToThisClown

A word of advice because I think this idea is straight up crazy. I'm not sure I'd trade this myself, but if I was bullish on netflix - like 90% of the market appears to be, I'd maybe reduce the size of my position. So...$NFLX has practically every reason under the sun to go up today: NASDAQ premarket is way up as is the rest of the market futures. ...

DontListenToThisClown

Tesla saw a big gap down this morning from $518 to $494, followed immediately by a huge spring shortly after open in the first 5 minutes that saw the stock rebound to $509.50 on strong volume. So what's driving this: #1) Tesla Fanboys (AKA Bulls) - there are a ton of diehard tesla bulls out there, and after the stock rose to $550 earlier this week, anyone that...

DontListenToThisClown

Tesla is setting up for a nice afternoon. Elon Musk fanboys gonna wake up and we'll see the same slow march up through the rest of the day that we normally see with tsla. Might be some short term selling over lunch. DON'T GET SPOOKED! The parabolic squeeze is followed by a big move to the upside 70%+ of the time. TSLA FTW!

DontListenToThisClown

Classic gap fill executed flawlessly in the first 30 minutes of trading day. Next comes the gap retracement, and we'll be back at open of $545 before you know it. Shorted the first 30 minutes...now all signs point to long!

DontListenToThisClown

Dumped all long positions on AMZN after negative news about Iran hit the wire! PENTAGON SENDING 3,000 TROOPS TO MIDDLE EAST FURTHER ESCALATING TENSIONS!

DontListenToThisClown

All the info is on the chart!

DontListenToThisClown

Nice setup on the 1 hour for amazon. looks like we're forming the upward half of the handle. Bolinger band contraction on 15m shows a jump to the upside also looks imminent.

DontListenToThisClown

AMZN Gap Fill is well underway. Already have confirmation on the 5m, 15m, 30m, 1hr charts. With the way it popped yesterday, Don't be surprised if we get back to $1900 in short order. *Key Support at $1865 held and that's where she opened this morning *Immediate bounce up to $1880 level showed some pretty good strength while rest of market was searching for...

DontListenToThisClown

AMZN technicals pointing to more strength. Expect big GAP UP before opening on Jan 2nd! Dark Pool Trades have been pouring into AMZN - roughly $3B in last 2 weeks. Long term uptrend channel former resistance now offering strong support. Three day downtrend was broken today during consolidation & shows bullish pennant forming. Downtrend/Pullback from $1900...

DontListenToThisClown Updated 

Nasdaq is ripe for retracement. Should be one wave left in the retracement pattern, especially with most people moving towards heavy retail for the holiday shopping season. Don't expect the sell off to end before mid Nov.

DontListenToThisClown Updated 

I often question the headlines we see on sites like marketwatch. For a long time, I followed them - the news related headlines (such as economic events) pretty much played along w/ market sentiment...but it's the speculative articles that I have a real problem with. It's almost best to treat them as contraindicators - why? Because, almost all of their contributors...

DontListenToThisClown Updated 

Great opportunity to make some money on very short term put options w/ netflix. Fed Chairman just came out says he's sticking w/ interest rate increases - if trump says something, watch the market implode and weakened Nasdaq cut 2%+ Netflix just issued another $2B in bonds with less than an A rating. The company's Debt to Equity Ratio is already a whooping...