VisionCodeX

VisionCodeX Nov 2, 2020

DXY looks like it is bottoming and ready to surge, which lines up perfectly with the stock market crashing. Remember, predictions are meaningless, all that matters is monitoring price action/levels/trends to gauge overall direction/sentiment. ~$96 is the key level to break for an indication of a breakout. Below $92 and the opposite is true. Stay nimble....

VisionCodeX Oct 30, 2020

VVIX is the mother of volatility. It's already elevated, the initial shock and awe stage is done. SPX has to go down from here (which equates to more shock, awe and disbelief) for VVIX to rise substantially and for VIX futures & VIX options to behave accordingly. Expecting a pullback (similar to my last $VIX chart) before rocketing much higher (March levels)....

VisionCodeX Oct 30, 2020

$VIX term structure is telling the story. Follow me on Twitter for updates. Cheers.

VisionCodeX Oct 28, 2020

For the past +10 years, stocks and bitcoin have been perfectly correlated. Crypto isn't a hedge for what's coming (remember March 2020). Keep in mind that global central banks are in the process of creating their own digital reserve coin and will likely outlaw cryptos in competition. This doesn't mean BTC will go to zero, it means, the upside bulls are expecting...

VisionCodeX Updated  Oct 28, 2020

My last post about the S&P 500 imminent crash (3600-2200) was deleted by Trading View because I had a reference to my Twitter account (where I spend most of my time). Anywho, sharing a variation of price movement that I think will play out. Either way, all my $SPX charts suggest a much lower market in the months ahead. Bears have capitulated and I'm seeing...

VisionCodeX Updated  Oct 26, 2020

$VIX: $VIX term structure suggests elevated volatility in the coming weeks/months. Welcome to backwardation. This is usually a good time to own $UVXY since the carry is low & actually compensates you for owning volatility. The only issue is that spot $VIX needs to rise and $SPX needs to sell. Then $UVXY will have an asymmetric payout. However, for now, without...

VisionCodeX Updated  Mar 11, 2019

S&P 500 is off to the best start in 32 years. However, this is after experiencing the worst December since the Great Depression. At the end of 2018, the S&P 500 plunged ~20% as investors feared that the economy was about to enter a recession, sighting; (1) global growth contraction; (2) central banks tightening; (3) escalating trade war tensions; (4) growing...

VisionCodeX Updated  Sep 14, 2018

Pretty straightforward. Here's what I just posted on Seeking Alpha: "MU -- extremely oversold conditions. Yesterday before the close, went long the 10/26/2018 40.00 Call (up 42%). AMD -- extremely overbought conditions, just went go long the 10/26/18 $31.00 Puts (up 16.6%)" seekingalpha.com Just look at the RSI levels for each. To be clear, both companies...

VisionCodeX Updated  Sep 12, 2018

For this post, I want to bring up and recommend ROKU and MTCH, which have been two of my best performers this year and are just beginning to break out to new ATHs. Said simply, I think these are both ~$100 stock. I think that this price tag is likely going to come sooner than some might expect due to multiple catalysts that I will talk about in future posts. I...

VisionCodeX Updated  Sep 7, 2018

No description needed; this cannabis stock is up ~160% since Aug 14th. It trades at ~156X forward sales. RSI shows extremely overbought levels hitting at high at ~87. I opened the 9/21/18 $50 Puts 5min before the close yesterday. Up about 15% right now, but I think more room on the downside is coming. If I were you, I'd follow along. This one is pretty simple....

VisionCodeX Updated  Aug 23, 2018

BABA and JD are two of China's largest and fastest growing e-commerce companies. Due to trade war fears, Chinese stocks have been under heavy selling pressure lately. BABA is down ~20% from its ATH and JD is down ~40%. On the other hand, both companies are producing outstanding financial results and investing in the future (i.e. Google + WMT announced...

VisionCodeX Updated  Aug 16, 2018

On April 12th, 2018, I had the opportunity to sit down with the CEO of VeChain, Sunny Lu. We had about an hour conversation. When I got home, here's what I wrote on Seeking Alpha and my FB for my followers/friends: "Met with the CEO of VeChain (Cryptocurrency: VEN) recently on Sand Hill Road. Very fascinating developments in the smart contracts / Blockchain...

VisionCodeX Updated  Aug 13, 2018

TWTR faced its worst single-day decline in the past four years, falling +30% post-Q2-18 earnings. On the surface, the report was solid; revenue grew 24% Y/Y (beating analyst expectations by $13.65M) and EPS of $0.17 beat by $0.01. Despite the beat, the company was cautious over user growth in the third quarter due to cutting down on fake and spam users (MAU...

VisionCodeX Updated  Aug 9, 2018

At the beginning of 2018, I mentioned on Seeking Alpha (SA): "MSFT is the best name in Tech." At the same time, many analysts on SA (especially ones that rely on Discounted Cash Flow analysis) suggested that it MSFT was severely overvalued. At least four article came out before MSFT most recent earnings that said it was at least 30%-65% overvalued. One author...

VisionCodeX Updated  Aug 2, 2018

FB has been a perfect trading stock for me this year. I've held onto share since 2014 and sold my position at the beginning of this year around $185 (first red arrow, around 2/18). Shortly after my initial sell, shares of FB went down to ~$150 due to the Cambridge Analytica data breach. Seeing oversold conditions I went long the 8/17/2018 $170 Calls (first...

VisionCodeX Updated  Aug 2, 2018

The tech sell-off that started last week with FB has left a lot of golden opportunities. Tech went from severely overbought to oversold, practically overnight. My weekly scan shows about 3-4 names that fit my criteria of solid names with strong fundamentals and are showing oversold conditions (RSI). Two of those names and my top pics are ATVI and EA. EA had...

VisionCodeX Updated  Jul 12, 2018

I frequently post my option trades on Seeking Alpha under the name: Soajustice (feel free to look me up). I recently decided to post my trades here as well - I do it just for fun, for my own public track record and for others who may want to follow along and make some good money (I manage multiple portfolios and often share trade ideas with my family/friends). ...

VisionCodeX Updated  Jul 11, 2018

Trade wars fears, inflation, flat yield curve, slower global growth, the Fed hawkishness, etc. are all overblown. Here's the facts: "From 1933 to 2016, the average return for the S&P 500 Index when Republicans held the presidency, House and Senate for the one year after midterms was 15.1%. When Democrats have been in complete control, the increase averaged...