I have been observing the price action of Netflix for the past days and it seems to me that it is showing some weaknesses at this level. Next earnings release will be on October 17, what ever the result is, in my opinion, profit taking can happen at this level. Shorting this one will be expensive as NFLX trades at around $707.35 at last week close and the risk of...
Trade Idea: Short Entry: 230.15 Stop Loss: 234.25 Why are we shorting this? AAPL stock price is overvalued META 's VR Headset ($299.99) is cheaper compared to AAPL Vision Pro ($3,499) Latest Iphone model still waiting for AI Apple Is No Longer in Talks to Join OpenAI Investment Round Buffet trimmed down his stake already Ask yourself, what's the next...
We've seen former US President Trump used Bitcoin to pay for the food and drinks of patrons who attended the crypto-themed bar in New York. I guess this unique situation speaks for itself. If he will get re-elected, be ready for another breath taking crypto rally. But honestly here's my opinion, inflation is the greatest enemy of fiat currency because of the...
I have read a lot of trading books since the time I started trading my own account and the one book that really helps me out and “I wish I’ve read this one first” – is Market Wizards Interview with Top Traders by Jack D. Schwager. Here’s the list that struck me most that I’d like to share: “Early trading failure is a sign that you are doing something wrong;...
Labor union, issue with the starliner, engineering problem, the looming debt, factory shutdown are the factors that will reflect in the next release of EPS. I will wait for this level before going LONG.