Clearly, the line things here are crossing the doom warbler.
KMX beat on earnings, but did it deserve to jump so high? They've returned to growth, ie stopped sucking. But was that worth such a huge and quick gap between 50/200dma. I'm hoping that it's going to deflate a bit in the very near term... at least drop to it's 200dma for a moment... Long put at 60 for May. It's only .15 to buy and underlying would only have to...
PLAY is going up on good earnings because it almost always does for the April report. The history is full of a double bottoms before earnings, then a breakout to the upside after. Plus, I went there a few times over the holidays, and everybody knows that I only do things if everybody else is doing them. Based on this nonsense, I predict that Dave n Busters is...
Gamestop seems to have a lot going against it these days. They report earnings on Tuesday. Q4 is always their biggest quarter. If they miss, I think it's going to hurt. Even if they don't miss, how rosy can the outlook be? $10 April 18 long puts can be bought for .57.
I think NFLX is going to keep heading up till earnings. It has a pretty interesting pattern of doing so. It's above it's 200, it's 50dma recently crossed upwards. So it seems like a good candidate for a neutral to bullish strategy. I'm thinking Short Put Vertical. (which would as far as I can tell mean that as long as the stock stays above the midpoint of my...
NYT won't be part of apple news. Maybe that means that they are jammin and don't want to share their growth with King Apple. Looking at moving averages, it's heading down towards it's 50dma, and it recently crossed down past it's 20dma (so maybe ready for swing up?). So maybe now is a good time to get in if you're bullish for earnings. Earnings are May 2. ...
I see that MSFT is trading higher than ever. Good for you MSFT. The 1day and 1month technicals say SELL. Are those readings worth anything? Let's find out! www.tradingview.com
GLW is a 27 billion dollar champion that makes all my phone screens. Screens are pretty important. Seems like a decent long term bet that this guy is gonna stick around. In the short term, it seems like this guy bounced right off of a resistance line, and pending any sad news from the fed or China or whatever, I think this will be keep inching up to it's top...
For years I've been listening to people explain how overvalued TSLA is. Maybe it could be argued that this stock is largely priced by investor excitement. And now investors are getting kinda worried. There is lots of competition now. There are other really cool electric cars out there, some even for reasonable prices. Electrics are the future. So maybe TSLA's...
QCOM is heading up because the 21dma has crossed up the 50dma and they are both well below the 200dma. This is my magical indicator that I learned from weeks and weeks of study. Trading at 55.40 tonight... The next resistance looks to be at about 57.50. Admission to the the May 18 55/57.5 long call dance hall will cost $1.16, with max profit of 93% A more...
I think CVNA is going to blow off some of these gains because Cramer noticed it and talked about it. This is where we can test the Power of (very entertaining) Television Personalities. I heard Cramer explain that this stock has no reason to be on such an upward tear. When I got home, I checked the charts. Indeed... there's no arguement. It's jammin. But why?...
I think LLY is ready for a short term pullback. It's just about as high as it's ever been. It missed earnings estimates Recent news includes selling a half-priced version of insulan. Great news I suppose and it did not push the stock higher. So the energy behind this stock maybe is at it's peak. Trading today well above it's 21, 50, 200 MAs RSI(14) is 71 ...