- Inflation concerns remain - rates creep up - Earnings to disappoint
Long GRMN.NAS- @ best price available below 160. Currently trades @ 155 TA Highlights - RSI @ 24 and turning upwards. (add more on break of 30) - Bounce of 200 DMA - Bounce off lower Bollinger bands( on the 3 previous occasions this occurred in 2020, the stock went on to return 8.8% in the next 20 days. FA Highlights - CAPEX increased from 185m (2020) to...
+ Used cars are soaring which should increase demand for parts. + < $1bn market cap against $17 BN revenue + PE ratio of 3-4 against sector average of 20 + + Rapidly restructuring debt renegotiating longer terms and lower rates + 500% off 2017 ATH - Already 500% off it's lows - Debt still high. If long terms rates edge higher then the debt will become...
Short EURO / Long GBP as team GB starts to benefit from a positive post Brexit narrative. Eur sentiment soured with mishandling of Northern Ireland border and proposed vaccine restrictions. A Sign of things to come? Meanwhile, relative to Europe and America, GB leads the way in vaccination programs and efficacy is starting to show in the data. Trans Pacific Trade...
Rally to February gap down before dip buying opportunity into new all time high 'and melt up' through elections into year end.