BOEING is more than an aircraft manufacturer. BA represented about 1% of our country's GDP in 2019. Never mind that BA is the other side of the world's most important duopoly. BA is an enormous think-tank and producer for our military. Talk about National Security - think about it. Just ask yourself if our country (IE Gov't) could - or would- ever allow this...
Upfront disclosure - I've gotten wrapped up in CMG's ridiculous moves amidst non-stop promotion. Hate it! In any event caught sweet 35 point CMG correction last time we did this week plus ago. CMG reversed off high today, and aggressive shorts should look for pullback. Ultra aggressive plays can use June 5 and June 12 puts. Last time I did this it pulled back...
Fully admit an emotional dislike for Chipotle insofar as my belief that they are continually promoting promoting promoting and as of today the stock feels way ahead of itself here. It has reversed slightly off an intraday high. The overlay of Amazon merely points out just how far CMG stock has moved and whether you like their food or not - it is difficult for me...
"Swing trader" has about 10 different indicators - but I like watching the genie Cycles with a Volume confirmation. Additionally, I have found you need to review the 1, 2, 4-hour cycles, and the daily cycles to research which indicator works best for timing particular stocks. This overpriced stinker I acknowledge appears to be continuing its mind-blowing uptrend....
3 out of 4 days since 6/26 sell-off bottom, CMG has made higher highs. More importantly, 4 out of 4 days have seen higher lows than the previous day. Buy the July 21calls for liquidity. The stock is trading in a range of about 7 points a day, with that range moving higher each day. Even so, the 14 day RSI is still at a 6 month low. You can never use Chaikin Money...
SUMMARY IN PARAGRAPH 3 HOLDS THE KEY TO MAKING THIS DECISION IF MY DETAILS AND OPINIONS ARE TOO MUCH TO WADE THRU. IF YOU ARE 100% TECHNICAL< JUST SKIP ON DOWN! I wrote this over the weekend, so it pisses me off I didn't publish it...but this is a stock that has pissed me off for a while. I have been incredulous that a Mexican Food restaurant with a somewhat...
"Chipotle" . Sounds pretty fancy, and that's what they were going for until they served up truckloads of what one should only have to fear when visiting deep in Mexico - and that is the dreaded E. Coli Burrito . When it comes to E. Coli - read and think "human feces". Their training and restaurant standards sucked - AND THEY HAD TWO CEO's, so a lack of...
The S&P pulled it's dump right back out in Nov 2014 with a 250 point straight run. Its 14 pt RSI tickled 75 back then - as it is now. It is worth noting that after a couple days' pullback the market went a little higher before giving back a VERY QUICK 100 points. The dates are earily similar - as are the charts. What's very different is the climate, today, but...
Tough to swallow but GS trading over 241 aq t time of reco.. That's right. If you have been having a great year and are as frustrated and stupid as one can get when a position goes 180 on you -- BUY 237.5 PUTS expiring tomorrow, DEC9 at .73 The god damn stock can add 10 points in a couple hours p and has practically been doing so for a month. The reason I did...
The call premiums are crazy on GS - but so is this run, and shorting it srtraight w puts is killing me. I know - it is deadly to start saying "I'm gonna getcha" but this rally is ahead of itself even by crappy analysts who are making balsy calls like ' OK - I'll change my target from 189 to 245" - yes - 2 Days ago!. Wow. Pay the man. SO _ one thing that does...
HUGE OPPORTUNITY FOR AGGRESSIVE, WELL-FUNDED TRADERS. Start Shorting today Tues 12/6 and keep shorting if you buy off on scenario below. I feel this is now a rare opportunity - but hold onto your Tums bottle all the same. GS is 231 with 20 mins. to go today, and it's been holding - but in a narrower range than usual. The RSIs (especially the default 14 pt IA AND...