jamesggentis

jamesggentis

Equal weighted portfolio given Oct 29 prices. Company Name Ticker Chewy CHWY Draft Kings DKNG iRobot ROBO Lemonade LMND Lithia LAD Nvidia NVDA Protolabs PRLB Ryman Hospitality RHP SmileDirectClub SDC TREX Company TREX SPY and QQQ are added for reference. This is an...

jamesggentis

Reaction down to 38.2% retracement prior to testing 50% levels Fanning orders from 265 down to 260. I don't really expect to be filled below 262

jamesggentis

Few things to identify: #1 V/Spike pattern --> typically a reversal but arguments could be had that this was on the both top and bottom ie Jan/Feb was a blowoff and a correction/reaction should have happened anyways like in Jan 2018. On the bottom, I'm comparing it to 2018. It's the most recent example of the pattern and was a wonderful trade for anyone who...

jamesggentis

I'll preface the "long designation": Short term bear, intermediate to long term bull. We haven't seen declines like these since 2008 and buying then could have been considered a once in a lifetime opportunity. Buying when people are disinterested or scared has more often than not been a winning market strategy. That said: timing is everything and the underlying...

jamesggentis

These are all acquisition targets that had been trading at their tender offer price for at least a month before the reaction. My guess is that they were indiscriminately sold off by institutions without paying much attention to the state of the deal. Under the assumption that these firms will still be acquired, there should be alpha in these positions because...

jamesggentis

More of just something to keep an eye on, as a sector within REITs, retail has been offering some of the highest dividends which stems from the higher cap rates required by investors for the sector ie more NOI per dollar invested. With the coronavirus, these REITs are going to see tenant default and thus their income decreases. When it comes to tenant roll over,...

jamesggentis

OXY has the majority of its EV tied up in oil/gas and with the recent OPEC fallout it may make sense as a long. More research on extraction costs should probably be done because there may be a serious problem for the firm if oil prices are kept low and operations are not profitable. A minor portion of noncurrent assets is in chemicals and marketing but not enough...

jamesggentis

Created a composite price chart (FB+AAPL+AMZN+NFLX+GOOGL) Saw some horizontals, place a fib w/extension, just so happens FAANG reached a 1.618 extension which just works for a reversal. Price closed Monday (3/16/20) at the 50% level in the original trading range Relative to the prior 2 years FAANG is still the strongest and may be due to the excess of cash...

jamesggentis Updated 

UAL, DAL, LUV are the stocks I would go long on out of the bunch