ADBE is sitting here at a key-level. I want it to hold with a target of 530-540.
Considering the recent political shift regarding cannabis scheduling and the changing landscape of the drug war, I am closely monitoring the prolonged underperformance of the cannabis industry. Since the legalization of cannabis in Colorado and Washington state, proponents have touted the potential of legal cannabis policies in curbing crime rates. We anticipate...
My intention is to dollar-cost average on NYSE:OXY throughout this quarter. I'm aiming to acquire shares of this stock at a maximum price of $61 per share. Anticipating increased tension in the Middle East, especially around the Suez Canal, I foresee a potential disruption in hydrocarbon supply, likely impacting oil prices, whether significantly or...
I'm hopeful that others are observing the pattern emerging on NYSE:DIS . For the direct shares, I intend to maintain a strict stop. Regarding potential options trading, my strategy involves purchasing contracts with varying price targets (93, 95, 96), all set three weeks out.
About a month back, I made a solid move in the market that sparked a strong rally. Now, as we near the end of a strong earnings season, I'm in a neutral position, but I'm taking steps to secure gains by trimming my positions. I reckon a decent pullback would be beneficial before considering further upward movement. There's quite a few gaps to fill due to some...
Last week, I drew out a bullish forecast for SPY. What took me by surprise was the rapid and resilient upward movement within such a brief time frame. My portfolio is quite content with the results. As we enter the new week and month, I find myself in a neutral stance. We find ourselves in a bilateral market environment. Nevertheless, putting aside my personal...
From a valuation perspective, SPY appears to be reasonably priced at 430. In this technical analysis, I'm looking to initiate a position in a rebound opportunity at the 0.5 Fibonacci level, aligning with the three-year trendline and taking into account the RSI reading, which is approaching the 30 threshold, as a confirmation signal.
well, we formed the cup and handle. play stands and is ready to go in motion.
play stands. "we buy gold for cash now!" you'll be hearing that quite a bit.
High conviction on silver. Silver's run in 2008-2012 can be explained by QE. I believe silver's next run will be due to its properties.
I believe BRK.B's earnings was pushed back in response to the FED meeting today. Which is great because now I can catch some calls for a lower premium. Anyways, the goal here is to profit off the Buffet machine that is Berkshire Hathaway. From a technical POV, it is obvious we have a powerful set up in both the W and the D view (watching 50, 100, 200 MA's)....
SOS's next quarterly earnings date is scheduled for June 21st, 2021 per marketbeat.com . Not formally confirmed. Here's my price prediction based off of what's going on now. - The crypto markets are recovering, and there's been suspicion of hyper inflation on it's way. - China banning crypto is not news that new. Crypto has always been the enemy of China. But...
Earnings are almost here but, big oof by Elon tweeting and bashing on BTC. Good news is, SOS mines more ETH than BTC. And for a good reason too right; ETH is pretty much blockchain. The biggest plus is that SOS is working to solve the fossil fuel energy consumption controversy/issue by reaching out for these deals with hydro electric companies. Something that...
Hello, it's been a while. Due to all the crypto craze during all of April, now rolling into May and the summer time, I wanted to give SOS a chance react. With SOS earnings in sight, it pleases me to know there's opportunity at such a low price. The 3 month trend as seen above is a classic example of a bullish divergence. A bullish divergence can be easily...
I picked up a few hundred shares when SOS fell bellow $4. Awesome mid-day rebound. Today's News: SOS Enters into a Purchase Agreement for 575 Ethereum Mining Rigs with 400 Giga Hash Rate Capability. Mr. Yandai Wang, CEO of SOS, commented, "we are optimistic about the future of cryptocurrencies and Ethereum in particular. This is part of our overall strategy to...
Today's News for SOS revolves around their announcement of a Non-Binding Agreement Letter of Intent to purchase U.S. Utility Operators Sherman Development LLC, Niagara Development LLC, and Park Falls Management. This will allow SOS Ltd. to expand operations in North America. This would be a confident move. Despite recent developments, SOS just continues to follow...
In my last post I drew out where I thought SOS was headed for the month. I believe we saw a little squeeze in today's after-hours. Will momentum continue is the question.