MK5G

MK5G

Interpretation as Elliott wave 5 could signal a next target at the upward sloping trendline. Long, if the .236 retracement level and the 8 MA hold on Monday. Not a prediction, only a mental model to be prepared for diverse outcomes. $NQ $QQQ $NDX

MK5G

Can you spot he correlation?

MK5G

I cannot paste a picture here - so please look at the link below for the long-term S&P 500 PE-ratio. Findings: 1) Very high levels have become more frequent. 2) We are currently at one of those very high PE points in time - historically these were followed by corrections. www.longtermtrends.net www.multpl.com

MK5G

Recent spike may not be justified and sustainable. Volumes are very thin.

MK5G

AMD has shot up in recent days. It is trading at a trailing PE of 152 according to TW. Should be monitored for rally running out of steam.

MK5G

Visa seems to be a good opportunity for range trading with a leveraged instrument. Recent numbers where not great, but ultimately a global leader with a strong business.

MK5G

Tesla is not a Corona winner. Fundamental valuation is extremely high. Recent earnings do not provide comfort about operating level profitability. Retail investors entered the market -> irrational excess. Chart pattern indicating break of trend. Trading thesis: Short.

MK5G

I am clearly late to this trend, but the trend seems alive. Considering a buy with a 405 limit.

MK5G

I am new here and would like to build a dialogue on SAP. It is too early to call it a short - it may be buying opportunity if the support holds.