UnknownUnicorn16739272
AMZN has been in this range for a year except for the fake breakout earlier this year. Whether we look at inflation or stagflation, consumer staples are a strong part of growth since their products are needed and people will want the best deal plus the cost of inflation can be passed along to the consumer. The bigger issue is that they are not just a consumer...
SLV has consolidated for a while in this bull flag. It seems the inflation data this week is helping it (and Gold) push higher. It did not work as an inflation trade last year but it looks like the next 12 months will be interesting. Even more interesting will be when it breaks through the resistance and climbs higher. In the 70's silver out paced Gold...
There is a big debate in what is going on in real estate. It is hard for me to imagine a scenario in which this has not peaked. However, I do not believe we will see higher rates until 2023 and that means we could continue to see it moving higher. The issue comes back to the supply and demand. Demand is still ridiculously strong. Big institutions have purchased a...
XLE has been on a run for a while due to ridiculous government policies and higher inflation. This soon to be break out will confirm what we already know. Inflation will continue and it will be ugly. Get ready folks. This is not a recommendation to buy or sell. It is for information purposes only.
GLD has been lack luster since it rose due to covid as a safety hedge. It has not performed as a hedge against inflation but to be fair, we are only now getting the real data to support the fact that inflation is here and continuing to rise. These two lines of resistance are important as we continue to watch what happens going forward. If it continues into next...
MSFT has been on a tear for a while now and deservingly so. I am not trying to say anything will happen to them, but rather I think the headline speaks for itself. Corruption and complete abuse of the system mixed with massive government stimulus is to blame. For now it is not an issue because they are an amazing company. The time it will become an issue is when...
MRAI has pulled back in the late morning after a beautiful run earlier. I have seen this happen a lot and it happens a lot to wipe out stops and then runs back leaving people to chase. Most important thing with a stock is when you purchase it. If we drop below $5.35 then we will have a bearish engulfing on the daily and that could be a concern. My stop is $4.9...
MRAI breaking out but still needs to claim new ATH before she will truly break out to the upside. Definitely a possibility today with the buys already seen. Excited to see where this ends the day and what is in store for next week. $10 here we come!! GLL!!! I have no clients in this because it is too new and speculative but for me...I love it. As always, this is...
This is a fun one with NO clients in it. I usually do not buy IPOs for clients unless there are special cases/reasons. This is one that I followed based on Fintwit talk and legendary FURU Zack Morris. I have averaged in over the last several days and have a cost basis sitting at $5.46. I would probably sell if it drops to $5.2. Volume has been extremely weak but...
IWM finally broke out yesterday after a year of consolidation. We could see a retest of the breakout but ultimately it was a nice signal with follow through today. You can also use actively managed funds to get access without as much risk as an individual company name. There are many great mutual fund/ETF funds that I personally like and have been/will be using...
NNDM broke out today. There were many stocks that broke out yesterday and have retreated below the breakout which means its a false breakout. This has also been dropping throughout the morning after the breakout. Will be watching and possibly take an option position towards the end of the day depending on how it performs. Probably a smaller position in case...
$DPW small cap stock that I have been watching for a while has finally gained some traction today. Let's see some follow through into tomorrow! Disclosure, I own the $2.50c 11/19 expiry. This is not intended as a recommendation to buy or sell. It is for information purposes only. GLL!!
IWM has been in consolidation since the beginning of the year creating a beautiful flag. The longer a stock or index is in a specific range, the stronger the move can be to the upside. There have been many people talking about how the SPY, QQQ, and DIA have all broken out to new ATH but the IWM has lagged. There are many reasons for this including seasonality....
FDX had a nasty drop after it reported earnings with over $400m in unexpected labor costs. Previous high from date of drop was just below $235. If she can rise and close above that in the next few days, she should work towards closing this gap. GLL!
One of my all time favorites since I played it last year from $8 to $60+. Plus the story behind it is awesome. The AMAZON of AFRICA!!! Whether it becomes that or not is irrelevant. I do like the moves they have made. If Amazon does hit new highs, I could easily see the sympathy plays moving with it. CPNG, MELI, JMIA, and I know there are others that I cannot think...
$DPW is setting up for a nice move. Unfortunately, small companies with a small group of investors can be manipulated easily so she still needs to prove this breakout has actually going to sustain. I own 11/19 2.5c for myself, not clients. GLL!!
Monday's move gave confirmation that this breakout should continue. RKT has been a complete pain but you have to respect/enjoy the downside of stocks to be able to respect/enjoy the upside. There will be several resistance areas. $17.22, $18, $19 and more but this company is one of the best in the industry. I think 2022 will continue to show strength in the...
EBON small cap company that has fallen sharply since beginning of the year. I like the recent break out against the downtrend but she still has work to do. You could look at this as an opportunity but the real opportunity should come after she gets over and closes above $2.11. Keep your stops in place in case we get another washout before end of October.