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BBY: $88 Short Target because Post-Covid Shopping + DemandFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I have a few insights. Best Buy is expected to have a positive continuation of its recent uptrends, and I have it on my watchlist. Currently, I am bullish on the supply and demand curve getting fixated and that it could hit an $88 price target quite soon. I also think it has some long potential as well, so I am ranking this a long.
NYSE:BBYLong
by gamer456148
MARK: $3.50 Target ($3.25+ Bid) Bullish AlertFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, after the downward spiral for Mark today and the strong analyst ratings for it, I can now finally recommend a buy entry on my opinion. I think it looks like it is about to soon break resistance and a positive retracement for the recent negatives is imminent as well as a bullish run from breakout.
MShort
by gamer456148
2
SDC: $11 Short Price Target | 29.8% Growth PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, SDC should reach about an $11 price point quite soon and resistance is seeming to be high at this hour where people are shortening it while others are in hopes to buy long. I expect a continuation of the bullish pattern it has been facing, and think a $10.50 to $11 price target is quite reasonable for Smile Direct.
SShort
by gamer456148
BTC Flipout: Price Drop and RetraceFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. Also, I may or may not have a conflict of interest. That being said Bitcoin recently dropped, and yesterday it had an $800 price drop in under 5 minutes. This is most likely due to Bitcoin whales or large funds trying to hit automated sales at the $10k resistance level. Right after this short retreat however, I think Bitcoin is to retrace and hit $10k+ soon, and looks to have lots of long potential still.
GEMINI:BTCUSDLong
by gamer456148
MAR: Easily a $100 Short Target + Some Long PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I am realistically expecting Marriott Hotels to have some higher support levels the next few days, and hit that $100 price mark real soon. Personally, if I were to get this stock, I would sell at $100, and reinvest at higher growth stocks (though it is still going to go up). This means it has long potential as well, but may not be in the interest of a Quant like me.
NASDAQ:MARShort
by gamer456148
Can Spirit Airlines start a recovery cycle?First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. While, I don't personally like airline investments at this time period (for obvious reasons), I feel like as restrictions slow down, the supply and demand curve dramatically changes. Spirit Airlines already been dramatically beaten up a bit, and I see a positive retracement already happening for what will be a slow recovery cycle.
NYSE:SAVELong
by gamer456148
XCUR: Got Ways to Go $3.30 TargetFirst off, please don't take anything I been saying seriously or as financial advice. As always, this is on an opinion based basis. That being said XCUR has a reasonable target of reaching $3.30 soon in my opinion. It is still on a positive retracement wave looking at the entire chart history, and the bullish run looks to be continuing. The only reason I would enter now, short at $3.30 (if I was to do this trade), would be to reinvest in another stock or a dip.
NASDAQ:XCURShort
by gamer456148
The World is on Fire but Markets are RetracingFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, lots of geopolitical events have been dramatically changing markets. First you have Covid19, than the talks of trade wars going on, and now you have chaos on the streets, peaceful and nice protests on other streets. Our geopolitical climate seems like a mess, but it is just another day in 2020. Lots of people in the financial world will get really emotional and this is why you see days where everything is immediately shortened, and days where there is continued growth. Overall though, everything seems to be retracing and the market in general seems to be heading towards a positive pathway for recovery.
ULong
by gamer456148
4 Stocks, I Been Watching like a HawkFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, the four stocks that I been currently bullish on that I am still watching like a hawk include SPTN, JNCE, ACB, SLRX. JNCE worries me in the fact that the market is unpredictable, ACB is very volatile from time to time, and SLRX didn't have the best week recently. However, I still think these are very strong picks and the opportunity cost outweighs some of the risk short term. I just need to be indicative of the patterns of these other 3 and not be too emotional, but I think they are still currently decent holds. As far as SPTN goes, still underrated given how great their very recent earnings call was.
NASDAQ:SPTNLong
by gamer456148
EventBrite is ready for that $11 ShortFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I think the wave for people to ride for EventBrite is still continuing and it is about to hit the $11 price mark real soon. Indicators are pointing towards a buy, and the supply & demand curve will start being readjusted as places open back up. It is in the digital category as well, and the CEO/management team both seems to know what they are doing from an executive level and operational standpoint.
NYSE:EBShort
by gamer456148
3
Groupon: $1.50 Short Price Target PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I think realistically Groupon could be on a bullish retracement curve pattern-wise and for the next wave could at least expect to hit or maybe even pass that $1.50 threshold. It is one of those stocks that seem to be undervalued in its digital space and rightfully so. When things start opening back up as well, the supply and demand curve should start surging.
NASDAQ:GRPNShort
by gamer456148
Can Mostly Bearish GE be finally on a Positive Streak? $8 Soon?First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I have a few key insights. General Electric seems to be on a small bullish wave, and looks like core resistance targets are about to be broken. Given how ridiculously cheap it seems as a stock, past wave correlation and where it is trending at, an $8 price as a short could actually be reasonable if it pushed its momentum further.
NYSE:GEShort
by gamer456148
TESLA Broke Out! Wish my Friends Listened :( + Elon Musk's Day!First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I knew Tesla was going to near the $900 price, but I didn't think it would grow to $878 and be closer to a $900 long within days. I told my friend to get Tesla, he thought it would be too long of a hold, guess I see his point from a day trading perspective. Tesla seems to be one of those stable stocks that are low risk in comparison to others given how Elon Musk is incentivized to meet production quotas. Mr. Musk must have had a great day today.
NASDAQ:TSLALong
by gamer456148
Current Price of SLRX too Low: Short Term Breakout PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, let me get into a few insights. SLRX had one of the biggest yearly price declines, and bearish runs. Looking at the indicators, and company activity, you can still see some potential however. Currently, I'm waiting for a gap fill so this starts rallying. I also think a positive wave correlation is still likely to happen quite soon and it could even double in price. I'm bullish on this and some technical indicators are giving it a buy, while analyst are giving it a hold.
NASDAQ:SLRXShort
by gamer456148
Spotify + 9 Other Stocks I Would Get if I were to do a LongFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, I wanted to do a long six month to 1 year stock pick strategy just out of boredom. Now, if I am right about this post some of you might get really excited. My picks include: Spotify: Expect it to grow due to the Joe Rogan deal and video integration | Guess: On the next wave correlation for a long | ACB: Aurora is expected to have both short and long potential, especially given there expansion strategies | PluralSight: An increase of market demand in their market segmentation and how they are expanding digitally | JD.com: For an Alibaba competitor, they are still quite under rated and have strong financials overall | Trip Advisor: Going to continue expanding digitally, especially if they retrace post-Covid, safer bet than many hotels and airlines given they are in the tech space without need for lots of real estate | GBTC: Institutional investors are going to be more interested in it as a trust, though I prefer Bitcoin over some trust | Tesla: Tesla will continue expanding given Elon Musk must work to beat production quotas. It is in my opinion that Mr. Musk will perform in that aspect | CloudFlare: Stable growth overall, quite bullish on its category | PFE: Pfizer is one of those stable stock picks for the pharma category. Now this being said, I have done these stock picks all for specific reasons, and I picked 10 so if someone wanted to do a split diversification it could be easier. Again, this is on an opinion based basis and not meant to be taken as financial advice. Invest at your very own risk.
NYSE:SPOTLong
by gamer456148
5
GUESS: Look at the Big Picture of Wave HistoryFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, here are a few insights into what I think about Guess. I'm not a big fan of the whole fashion retail business, especially given how businesses like JC Penny can easily go from corporate giants to being crushed into the ground. Growth for them has alot of variables, and many businesses in this market segmentation fails to innovate, diversify, or push further. Guess though is one of those brands that does still have somewhat of a following. While not a fan of it, given I like different stock categories that breakout and promote different sets of products, I look at it from an investment perspective. They have lots of potential in terms of the price they are now, and the price they could be. For a long position, I am saying it should at the very least reasonably pass $14 if it keeps the historic trends it had in the past. This is even given the Covid19 hit, many market variable unknowns and how shoppers react.
NYSE:GESLong
by gamer456148
Joe Rogan already made Spotify $3.22 Billion + the FutureFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, here are a few insights. Since Spotify was already mostly on a bullish run, and the market had a chance to retrace from most of the noise, I am using a $160 to $180 price as a metric not $190. If you look at 20/160 you get 0.125. Now I am going to multiple by 0.78 as hype multiple rather than attributing all that growth to just the deal. 78% is still way too generous, but I think it is decent given how popular Joe Rogan is. 0.125*0.78 is coincidentally right on 0.0975. I multiple that by the current market cap and get 3.22452 billion. I seen this YouTuber do a video saying the Joe Rogan deal made Spotify $5 billion. Personally, I understand the reasoning behind his metric, but he didn't consider Spotify was already bullish and that not everyone trading Spotify are Joe Rogan fans. He also didn't give a decent shortening or reaction time. Joe Rogan contributed to the a major push in the rally continuation. I think it is fair to say around a 78% push pre contributing to sentiment reaction. Also Spotify's ROI for a $100 million dollar deal is 32x in a short time period which is for every $1 you have $32. That means literally 3100%. If Spotify made the same deals every 11 days or so, and profit kept compounding over and over again a year, that would be an annualized ROI percentage of 14,847,931,113,934,977,527,395,976,847,246,204,891,384,177,320,001,536%. That means that a deal like this is extremely rare . Spotify made one of the best partnership deals a content platform could make, and likely they wouldn't be able to find creators that popular in which they can offer that same amount too for a really long time. Untop of all this, Spotify said they want Joe Rogan's clips migrated to their platform. I myself am a creator who posts content on Spotify. If Spotify decided to allow video integration, it can easily even annihilate companies the likes of the size of YouTube. CEO Susan Wojcick's management of YouTube included higher attention to many mainstream media sources over small creators (trying to be cable competitive). YouTube also been having a broken content management and Copyright system for a while in many creator's voiced opinions. The whole way things played out is most likely YouTube ruined its edge factor and didn't differentiate itself. Joe Rogan was probably already planning an exit, and Spotify found an opportunity due to what one can call a competitor's lackluster management style. I think a realistic target in the future if Spotify starts rolling out video updates and doing all this is a long target of $325 within a year or so. It would be interesting to see how that plays out.
NYSE:SPOTLong
by gamer456148
PFE is Proof Today is a Bad Day for the Stock MarketFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, PFE recently came out with news that they are working towards a Covid19 vaccine by October. They were already on a mostly bullish run until recently. That being said, the chart patterns were already indicating positive. The fact that they didn't rally and sentiment analysis didn't push it the same way Moderna did when it came with similar news stories, leads me to believe that today was obviously a bad day in general for the stock market.
NYSE:PFEShort
by gamer456148
1
Proceed Cautiously TomorrowFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, here are my few insights. I think Fauci's comments on Hydroxychloroquine and his flip flops back and forth on stances that he takes is discouraging. As much as people like Fauci, he haven't been quite accurate lately or thinking of the potential downfall of his comments. Whenever he changes his mind or says something wrong, thousands of jobs can be lost and billions of dollars can be erased from markets. No epidemiologist should have as much power in voice affecting the market as he does. He is only human. It is mostly the fault of large institutional investors acting as if he is an economist or sociophysicist who studies market offsets. Whenever he says something negative, institutional investors expect industrialist market segments to crash or act like its doomsday. Also, the China conference call tomorrow/ news conference on trade and Asian markets have people worried. Even see what Marketwatch are saying . I am bullish still on many of my current positions. I'm just saying for general traders who think tomorrow will be a great day for alot of markets, please proceed with caution. I know I watch things like a hawk, and am relentless in what I do.
TVC:DJIShort
by gamer456148
PluralSight: $30 Long Hold Potential --> Strong BuyFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis.That being said, PluralSight definitely looks like a strong buy and many analyst are saying so. It is currently having a positive chart retracement pattern and its market segmentation i.e. e-learning (specifically related to IT or MOOCs), category is expected to grow. A $30 long target for PluralSight especially given their expected EPS growth and metrics, is quite reasonable.
PLong
by gamer456148
SLRX: $1.83 Short --> $3.80 LongFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, here are my insights: SLRX have had recent news, especially with the Flex Pharma agreement , and their expected upcoming ASCO20 Trial Poster presentation. This + the fact that it is long due for a breakout is why I AM STILL SHORT TERM BULLISH on SLRX. Two Investor observer reports have a strong buy or hold . As of May 27th , 28.40% of SLRX stock have been in the hands of institutional investors. 3 Analyst on Zacks Ranks give it a hold rating. That being said, I expect it to extremely soon go on a bullish run and pass that sweet sweet lucrative target I been hoping for. Once it does, I may transfer positions to higher growth stocks and continue feeling like Nostradamus.
NASDAQ:SLRXLong
by gamer456148
SPTN: Earnings Call Postive: Sell off at $25 (Beat Expectations)First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said Spartan Nash which was already rallying beat earnings call expectations. Infact, they crushed it. As tempted as people are to take potential profits they have and sell at current market price, I suggest you set a sell order for $25, because it looks like this is a push of a continuation of that rally. This is especially true given it will hit the $22 resistance wall and is expected to have newer 52 week highs. A $25 sell order may seem like high hopes, but in my opinion it could go to that much.
NASDAQ:SPTNShort
by gamer456148