JakeBrandonCastro

JakeBrandonCastro

It will come down short term but look for buying opportunities. @goldminds I'm a troll

JakeBrandonCastro

I think it will push up again however the trend overall is downtrending. I personally think you shouldn't trade against the trend. Sell this thing after it pushes up

JakeBrandonCastro

You will see that I have updated the entry for the price rising much quicker than expected. It looks like it has reached previous levels and hit a previous resistance.

JakeBrandonCastro Updated 

Looking to purchase within the green rectangle.

JakeBrandonCastro

People are Euphoric because of the vaccine here are a few bullet points to not get sideswiped by the news of the pandemic hitting us before nearly anyone gets vaccinated. 1. The first ones to get vaccinated WILL BE the first responders. This makes sense because the first responders are necessary for fighting the disease so we will want them to be immune first!...

JakeBrandonCastro

Too much positivity in the market currently after Trump has botched the Coronavirus response. We do have a new president who isn't even going to be sitting in the White House until late January. My overall opinion is that this is too much positivity too quickly due to the fact that Coronavirus is still out there with a possible preventative measure that will have...

JakeBrandonCastro

With many outlets warning of a crash this could push sentiment towards a bearish market. COVID cases rising in Europe could indicate a similar fate for the U.S. The stimulus checks not coming as promised and an election that could change the monetary policy and increase taxes on the wealthy that influence the market. This could mean trouble with an eviction crisis...

JakeBrandonCastro

I am bearish if the SPY hits this target again. Not long term though. Jerome Powell is telling us that this is not a financial crisis but a health care crisis. This is not true when many people aren't paying on their largest assets or unable to pay for it. Banks will feel it and so will we. (and other reasons I won't list here) This won't be impending doom though....

JakeBrandonCastro

I haven't changed anything since the last time I published this chart. I just want you to see.... SHLO is NOW creating a support at 1.30 on the daily chart. You can see on the 4H chart the EMA is starting to curve bullish. Right now would be a great time to get in again before the next pump up. This stock in particular moves a lot like auto makers aka Ford (F)...

JakeBrandonCastro

This company failed to grow in the first quarter because the COVID19 pandemic prevented elective procedures and this has been very consistent. It has already exceeded the past lows. I got in at 0.99 and will ride this to around $3 but I understand this will take time. There might be a second wave or even another lull in the market but Medical seems to be one that...

JakeBrandonCastro

Just using price action and EMA's momentum to show where it should end up along with openings happening slowly across the country

JakeBrandonCastro Updated 

Delta has been undervalued since they haven't been able to perform as per usual. It may be a while before they continue business as usual. They will be able to bounce back as one of the Domestic Airlines. I am more interested in Domestic since other countries may want to keep a hold on the spread of the Virus by preventing international flights. Overall this is...

JakeBrandonCastro

With the idea that we are seeing the light at the end of the tunnel. Many states are opening up even in phases. AAL will rise with the markets. looks like it might even be able to reach $13 if not the end of this week then by the end of next week. The only thing I can see slow down progress for airline stocks is another outbreak of the virus. They will also not...

JakeBrandonCastro

This company has bottomed out. It is an elective procedure which is why it's be reduced drastically. The hospitals prevent profitable elective procedures during the crisis and now this will come back to normal levels or close to it. Of course still running at a much more reduced level it won't come back full force but we could see a large swing in the next few weeks.

JakeBrandonCastro Updated 

Looking like the out did their expectations since other forms of vacation are unavailable or more risky. RV selling has picked up this season and may continue to pick up. I have set the absolute high here where I will be taking a large short position but until it hits that position will continue to watch it. We won't know where the high will be until earnings...

JakeBrandonCastro Updated 

Upwork is a company that mainly makes money as their hired consultants make money. So the more employers hire people through the service the more revenue they generate. This could be problematic long term as after they hire a "temporary employee" because thats whats assumed through the program if they decided to hire them long term after their term is over then...

JakeBrandonCastro Updated 

IN MY OPINION The coronavirus has sparked a lot of interest in people with (extra money) stimulus checks/unemployment and (extra time) unemployed. When things go back to "normal" and people go back to their regularly scheduled days they will forget about gambling with draft kings but not all of them. I think there will be a solid price range that it will hang...

JakeBrandonCastro

This bank has been upholding it earnings and seems to be doing well despite the large economic hit globally. Its historically low and may rise. I would partially take profit as it hits the resistance lines as it may draw down as it makes a slow climb. You can either buy in now or buy in when it drops a bit lower. Either way this is not a short term investment....