buddingmimir

buddingmimir

WIT recently popped up on my scanner, and I initially ignored it after not recognizing the company. After taking some time to look into each name on my scanner, I will be taking a look at every ticker that pops up. Some stats: GF Score - 96 GF Value - 6.36 Modestly Undervalued (potential room to fall) Profitability Rank 10/10 Financial Strength 8/10 Growth Rank...

buddingmimir Updated 

The market has been having a brutal past few days so this trade carries a bit more risk but the alert fired today for a buy so going to stick with my system. After posting a really solid ER a few weeks back CRM gapped up. I'm long term bullish on software that provides core services to businesses. I think even with a recession it's going to be tough for...

buddingmimir

With the recent selloff I been waiting for an opportunity for SPY to fall to some decent support across larger timeframes and see if I could build a pf that would start small and eventually lead to an account that could generate some decent income with theta strategies. The goal is to start depositing $500 a month and buy undervalued companies. That deposit amount...

buddingmimir

With the recent focus on Europe and it's energy dependence on Russia I thought to highlight an ETF I think could work out on a longer timescale. The EU currently relies on Russia for about 40% of it's natural gas . With the recent war by Putin I think European countries will start 1) start rethinking on who they get their natural gas from 2) start moving towards...

buddingmimir Updated 

With FOMC in focus this week and a general understanding that interest rates are going to rise I did some digging on one way to play a rising interest rate scenario. Key Points Bond price tend to underperform during periods of interest rate rising Longer bonds are more susceptible Shorting TLT could be a potential option First some basics: A bond is a...

buddingmimir Updated 

NKE ran hard and UA had a great last quarter that surprised analyst's expectation. If this ER goes well I expect to see UA get some upgrades as their 2020 revamp looking like it could have some legs. UA doesn't have any voting rights but Plank still owns about 60% of the company so UAA shareholders are paying a premium for not much gain which is why I went with...

buddingmimir

I was perusing LMNDs websites and really liked the whole process so I went ahead and did some analysis on the stock to see if we can make some lemonade from lemons. They were selling off pre-market drop and have been in a down trend ever since. ER report came in and they beat but dropped their forecast for the year seemingly continuing the selloff in progress....

buddingmimir

Decision time for CCIV soon. Decreasing volume. I can't get a great read on what could happen with those trend lines but expecting a least one more bounce up to the top trend line before it breaks either way. Set an alert in the 32.50 zone. Lot of flow for $35+ and sitting in a support zone.

buddingmimir Updated 

Looking for TEAM to continue the steady uptrend. Waiting for a pullback to enter in the 250-255 range for a shorter term swing 2-4 weeks. personally think they have a great product and they just switched over to a cloud only model so I only see things going for them money wise. Long Term Pros: Just switched to cloud only subscription model Great...

buddingmimir Updated 

Lots of rotation in the travel sector and UAL was hit a good amount today in flow. RSI is a bit high so looking to enter around $48 if it continues with volume or a pullback to occur and then try and get in around $46 or so. If it can break through that weekly fib it has some room to run. Long term pros: Stimulus news is upcoming + vaccine rollout. Still down...

buddingmimir Updated 

Big gap down on NNDM. Looking for it to fill the gap down over the next few days. Long Term Pros: Large gain over the past year or so. Technology could fill a big gap in the market. Short Term Pros: I think the gap down was a bit exaggerated. Market overall was a bit wonky. Some unusual flow for $25 3/19's over the past two weeks Long Term Cons: Not a lot of...

buddingmimir

Looking for WFC to continue trending up with the financial sector. Seems a larger rotation out of tech is occurring. Looking for the smaller Elliot wave 3 (purple) to continue up or for wave 4 to start. RSI is a bit hot so may seem some sideways trading/the start of the smaller wave 4 to begin here soon. Looking to catch wave 3 on the way up or enter on wave 4...

buddingmimir

Entered into PLTR. Share lockup just ended and price dropped but seem to have a positive response the next day. Market was also down two days in a row and then up Friday. Cathie Woods bought a ton on 2/18/2021 Already entered into the trade but still think there is more opportunity as long as it can stay in the entry range. PT: $33 Cut: $24 Position: 3/19 $30 @2.36