chuckination

chuckination

I like the story of AJRD, but the earnings surprise and technicals are winning out. 42% is a pretty hefty earnings surprise in the positive, and the Price-to-Earnings growth is higher than most in the industry. Volume picked up, and I expect to see a few more with the short sellers getting squeezed out to cut their losses, too. MACD crossed from positive to...

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I have enjoyed following OLED, but I've been holding off on an buying opportunity for the stock to either begin to rally again or to become a little cheaper. This stock has weathered all of the hard down days in Q1, so it's the rally I'm seeing now. They're an interesting company because they're grouped with semiconductors but tend to resemble business aspects...

chuckination

I've been watching the airlines to try to figure out where the big money players are stashing their aerospace investment dollars, and it looks like they're flocking to UAL after a 12.50% earnings surprise this morning. The stock rallied with a upward opening gap and the bulls held out over the day. The move is large enough to push up against and widen the top...

chuckination

Broadcom delivered strong earnings and appears to be cranking back into a rally to set higher highs as it goes forward. The Bollinger Bands have tightened up and the price action is bumping right up against the top band indicating a rally picking up steam. MACD confirms this breaking bullish again with ADX showing a strong uptrend with DM+ crossing upward...

chuckination

I have been looking for another tech stock outside of the semiconductor space, and I believe I've found it with Fortinet. They had a solid earnings surprise at the end of February and after a choppy, volatile couple of months, they appear to be rallying again with the recent market tailwinds. The price is hitting the top Bollinger Band, MACD just crossed in the...

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I picked up some shared of Walt Disney last week when I got tired of waiting for Netflix to rebound, and I suspected that the announcement of the Disney+ streaming service had the potential to rally their stock and possibly sink the competition temporarily. I had no idea how right I was, but I made sure to double my holding that morning and it immediately paid...

chuckination

I've been anticipating a solid return on JPM because they're both a retail bank and an investment bank, and if their traders are better than me (I have no idea?) they would have posted HUGE returns for Q1 2019. I picked up right before the congressional testimony, and the bank CEOs did not disappoint me in their handling of the congressional grilling. All...

chuckination

I'm a little late on publishing this idea, but I'm not late on holding on here. Carmax is currently getting two monthly payments from our household, so I know this company is generating a cashflow, and so does everybody else after their solid 11% earnings surprise about two weeks ago. I've been holding and watching and waiting to publish before seeing a trend...

chuckination

DAL is in the midst of a uptrend that will be setting higher highs. They beat on earnings as a player in the airline carrier industry while Boeing and Spirit Aerospace and Airbus and other aerospace manufacturing stocks are taking a beating from a combination of the 737 Max crashes and resolution process as well as President Trumps talk of taxes on the European...

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Micron is just screaming out to the value investor in me, and I've been waiting for their earnings call. Apparently a lot of others have, too, and I suspect that the news is no where near as dire as predicted with a resurging confidence in their future revenue growth potential from recent acquisitions of 3D development processes that they developed in conjunction...

chuckination

IIPR is an excellent stock to own in the new MJ alternative harvest ETF index tracker, and it's been very kind to me in 2019. I bought in slowly right up to my risk tolerance thresholds, and it's far exceeded expectations this current bull run cycle. They're a REIT, so they produce a dividend, and since they only own and manage the properties and leave the...

chuckination

I love holding Sturm Ruger stock, and it returned me a cool 30% last time I held it from buying at $50 and taking profit at $65 after the Parkland shooting. RGR has an inverse relationship with news media sentiment for the firearm industry because they're customers are driven by fear as much as enjoyment of owning and operating firearms. Every time the news...

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Out of respect, I'm not going to talk about the events that have transpired regarding BA's products, but it will cause ramifications to their share price and hopefully incentivize the investigation of the failure and design changes to possibly prevent it in the future. China has currently grounded 96 of their 737s in the aftermath, and this will cause their stock...

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This one was truly a no-brainer for me the other day, but I was waiting to publish on the earnings news. COST is up 5% is afterhours with a potential blowout day tomorrow on market open. I also believe that the financial media will latch onto this good news from them with a fervor in hopes of pushing back a little on this current bear market sell off index wide....

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I've enjoyed watching ZS for years long before they went IPO. I have been employed at a Jay Chaudry firm in the past (one of my favorite professional assignments, too), so I remember when he began to kick the idea around and some people I knew began to align with him on his vision. Years later, his firm is one of the most successful cloud computing stories on...

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One of the major drivers of growth over the next few years will be technologies built around increasing the networking speeds of smartphones and computers. Qualcomm is at the center of that innovation, and they've proven themselves a technology and semiconductor powerhouse time and again. The last decade of smartphones I owned exclusively used QCOM chips in...

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News media is reporting that NVDA has a $7b offer for MLNX on the table, and that's a $1.1bn premium for MLNX shareholders while it is currently hovering just days off of the last 52-week high. I would love to have an easy 18% gain on short term capital that I haven't consistently seen since the early weeks of January, wouldn't you? RSI is high since they're...

chuckination Updated 

I've been watching the DJT over the last couple of weeks because it's kept a very tight price pattern and has suffered from little consolidation whipsaw. It's a good leading indicator over the SPX and DJI, and showed the current broad market reversal a week before the other two. Friday's upward action is likely a short squeeze from the bears closing their...