johnwicksaidso93z7xy

johnwicksaidso93z7xy

From a technical perspective everything looks primed for a pre-earnings rally for $DPZ. With about eight trading days prior to reporting I expect a move to the upside. Trade Risk Reward is about 1:1 with SL of $450 Daily Close and PT of ~$500. Happy Trading.

johnwicksaidso93z7xy Updated 

Risk is the political landscape, but upside is 30% with sector P/E OF 8-11 excluding $TSLA. You're getting fair value here with upside of forward EPS of >$10. $10*8=80 Don't overthink it, ride the trend up. President could mess it up but until then we're wave riding.

johnwicksaidso93z7xy Updated 

NYSE:STEM Looking at the downtrend line for STEM you will notice we have connected four touch points. Today the price action signaled a breakout above the trend line. Second Image: In the 'Second Image' we added the 50DMA and notice that yesterday 11Jul24 the stock closed above the 50DMA for the first time in 150 Days. Entry Level: $1.33 Stop Loss:...

johnwicksaidso93z7xy Updated 

NYSE:NUE is scheduled to announce earnings in the after market today 22 July 2024. Nucor pre-releases their estimated earnings per share which for the second quarter they are expected to report $2.30 in comparison to $5.81 per share last year. With the company's guidance the 2024 expected EPS is $10.42. For 2025 analyst expect an EPS of 12.01. That translates to...

johnwicksaidso93z7xy

With the announcements of upcoming federal funds rate cuts the dollar should start to weaken over time. Over the last 5 years there has been a negative correlation between the DXY and ICEUS:MFS1! which tracks the global equity market. While China is not a significant holding of this particular index, it should benefit from a lower dollar as well. Additionally ...

johnwicksaidso93z7xy Updated 

I am working on a fundamental article for BTBT, but it will take some time to complete. The chart looks good here with a good risk/reward. Thought Process: -Above 200DMA & (Falling 200DMA) makes it even better support -Upward trend for the last month -Earnings outlook is improving -ETH ETF & BTC ETF Trade Process: Buy: $2.60 or Below SL: $2.14 Target 1:...

johnwicksaidso93z7xy Updated 

The Hang Seng Index (HSI) breached its 200 Day Moving Average (orange) last week but it still faces some resistance from a 3 year downtrend line (aqua). I am anticipating a breakout for Chinese equities and my favorite chart so far is JD.com (JD) which has breached its 200 Day Moving Average with decent volume and a bullish engulfing weekly close. First...

johnwicksaidso93z7xy Updated 

After consolidating since March 2022, it looks as if GM is ready for its next leg up. Target 1: $49 Target 2: $59 & $60 Stop Loss: 50DMA

johnwicksaidso93z7xy Updated 

Chart #1 : Price Target $154 Tesla has been trailing this downtrend line (aqua) and its 50 day moving average (blue) falling 36%, underperforming both major indexes SPY & QQQ up 25% and 27% over the same timeframe. Tuesday 2 April 2024 Tesla reported vehicle deliveries of 386,810 and production of 433,371 potentially signaling a current demand problem. This...

johnwicksaidso93z7xy Updated 

Motor Vehicle insurance prices are up 2.6% month-over-month and 22% year-over-year according to the latest Consumer Price Index report published by the Bureau of Labor Statistics. This should benefit insurance sector equities, so let's take a look at the KIE Insurance ETF. First Chart (Trend Line; 1 Year): Taking a 1 year view we can see that (KIE) has been...