RomanaFinancial

RomanaFinancial

Lucid Motors is continuing to show weakness in a market where others have been thriving. Sometime within the next 2-3 years they could seriously be in trouble when it comes to cash flow and cost of revenue. I would be highly cautious of owning any shares in 2023 due to their current rate of cash burn. While I can't make any predictable target right now, earnings...

RomanaFinancial Updated 

If we take the previous zones with Lucid Motors we can see that we are about to break a critical zone that could potentially bring us first to $13.00 then to $10.00 (SPAC Levels) LCID has posted poor delivery numbers with numerous expectations. In essence they are burning money at a fast rate, thus quickly diminishing the future expected stock price. Tread carefully.

RomanaFinancial

If you notice the technical analysis, Dow Jones has hit quite a recovery zone and is looking to break out to higher levels. Will we hit a new all time high in 2023?

RomanaFinancial

We are at a very sensitive support level on the Dow Jones right now, essentially hovering above the last high witnessed before the huge crash into 2020 (Covid). I am speculating that we fall to 20,000 points sometime within 2023 and I also foresee the world economy becoming extremely weak on foreign currencies due to the timing of interest rate hikes across the...

RomanaFinancial

SPX and various other indexes have faced a recovery over the last few months but inflation numbers say that the fed's plan isn't working that well. Earnings season for Q4 will most likely show a shrinking economy.

RomanaFinancial Updated 

Bed Bath and Beyond will head into lower territories within the coming weeks as we see a potential sell off to $8.00, I will explain why. As you can see I have marked the top, middle, and support for Friday 8/19/22 close. Below that we have a huge gap fill to potentially fall to $8.00 or so. We will see if buyers can keep it above this level.

RomanaFinancial

I have marked multiple zones on SPX and have a strong feeling that we will break down even lower and fall to sub-4000 levels. This marks a bull trap and would cause a lot of worry in the markets and multiple people will sell off. Interest rates are hawkish and I think they will go higher into the rest of the year. Not financial advice.

RomanaFinancial

I have been watching OXY the past two weeks and I have strong evidence that the stock will rally to monthly highs. My personal contract target is $85 September 9 Calls. Give this one more time, it has been consolidating the last week after Buffet's news but I think we have more buying to come. Notice how even when the market dropped 1,000 points last Friday, OXY...