UnknownUnicorn16739272

UnknownUnicorn16739272

Airlines should benefit next year as business continues to get better. There's only 3 airlines I would buy right now though. DAL, LUV and ALK. ALK reduced its debt by over $800M DURING COVID. Amazing management is the only way to make that happen. Price targets that I have seen are in the 70s - 80s.

UnknownUnicorn16739272

CMCSA broke down from its trend pattern a couple days ago on a big down day. Retraced back to support line which has now become resistance. Then following with a negative day. Not a great look but it is a great company. Was a top pick for me last year but will be moving into other places going forward. Energy, Financials, Materials, Industrials, megacap growth are...

UnknownUnicorn16739272

AMD is near the 50EMA which is also at the bottom of my pennant. I like the risk reward here.

UnknownUnicorn16739272

WTRH is among the group of small caps who ran during last years rise and subsequent slaughter. Seeing an RSI divergence could be a good spot to pick some up for the next several months. Be careful during earnings.

UnknownUnicorn16739272

PLTR has resistance at $27.50 (roughly). If she breaks through and follows through after, it could be a fun ride. But she can drop back to mid $24's if its rejected. Good luck to the longs!

UnknownUnicorn16739272

AMC back tested its breakout today. The question will be whether it can follow through tomorrow. Saw a big $1.6m $70c 10/01 expiry. I am definitely not following the trade but it would be fun to see it hit $70 for all the AMC APES.

UnknownUnicorn16739272

AMD is a rock star of a company growing at 30% CAGR for next 3 years. Beast with an amazing CEO. The chip shortage is concerning but in this space, TSM, NVDA and AMD and kings among peasants trying to compete. Intel's chip plant is expected to be online in 2024? Stick with the best. I am going to play the bull flag. Be careful (or take advantage) of a possible dip...

UnknownUnicorn16739272

FITB as well as other banks have been gaining strength as their dips are being bought up. I think financials are setting up for a nice run with rising inflation and rates over next couple years.

UnknownUnicorn16739272

CMCSA was beaten down badly yesterday. It is rebounding a little but I would expect resistance at the bottom of the wedge. Since this was a massive one day drop for a huge company, the next few day will let us know if this is going to continue lower or get back in its range. Could be an attempt to wipe out stops before resuming higher. It is on watch.

UnknownUnicorn16739272

DVN breaking out of its bull flag. Materials, commodities, financials are looking strong for the next while. Mid cap play here but oil should continue to do well over next 12-24 months with inflation and consumption expectations. If you want safer, CVX, XOM, and many others are good with bigger dividends.

UnknownUnicorn16739272

MOS breaking out of its flag. Needs further follow through and there is always the possibility of a failed breakout. With where materials are heading in next 12-24 months, this is a core position in my 2022 client portfolio.

UnknownUnicorn16739272

AMD showing a nice consolidation after reaching highs a few weeks ago. $100-102 would be good stop depending on how tight you want it. There's been 4 bounces in the last 4 months around the 18/19th of the month. When that happens and people start talking about it, I get worried it will not live up to the hype sooner or later. But this set up gives good risk reward. GLL!

UnknownUnicorn16739272

SKLZ popped up this morning. I have not looked at it in a while. It has retreated back to a strong support area between here and $10. I like the risk reward but will be watching for a couple days to see how she moves. Good luck to the longs!

UnknownUnicorn16739272

FDX closed with a nice hammer today. Still need follow through tomorrow but great company and has pulled back nicely here. It is in my 2022 stock portfolio as well.

UnknownUnicorn16739272

LMT is looking mighty tempting at this area. There's a strong level of support from $340-$343 which it bounced off of today. Can this be the start of the reversal after it has been beaten down? It is in my 2022 portfolio for clients.

UnknownUnicorn16739272

PINS had a very nice move today and closed with a nice hammer. Tomorrow's follow through or not will be a sign. Will be on watch for tomorrow.

UnknownUnicorn16739272

This has been a crazy ride. First bought around $1, went heavyily in at $.33 and rode it on several waves. She has not gained traction since and in this environment, not sure if she will. But the chart is looking interesting and small cap season is upon us. Fun one to watch. Plus WTRH is back by Tillman Fertitta who is an amazing business man. I hope we have a fun...

UnknownUnicorn16739272

Seasonality last year in small caps saw weed stocks rise like crazy. Saw some options buys recently in TLRY and CGC as well. Interesting spot here with RSI getting stronger but this has failed many times. Stop will be close if I jump in.