$MRNA WatchYet another potentially profitable play regarding the Covid-19 pandemic is $MRNA, A pharmaceutical company that is currently entering its 3rd phase of a corona Vaccine. While this play depends largely on its vaccine success over the rest of the month this could be an extremely lucrative play. It has been in a consolidation zone for the past few weeks, a Good buy in level is at $61-$63 and because of its heavy reliance on the performance of its vaccine to remain profitable I am keeping a tight stop loss. Anything over a 10% drop presents to much risk to feasibly call it worthwhile.
Covid-2019
NZD/USDHello,
I've got for you two nice ideas with smashing R/R, over 8 R:R in both cases.
So this pair has arrived in a key area, please check on daily, weekly and mothly TF for bigger picture and a nice overview.
The pair has right now arrived in a supply zone on daily, in this case we have to wait and see what will happen on NY Open. if the price will break the 0.65750, we could go in a long but only after testing the zone, we could aim the high price from July 2019 and 31 December 2019.
The back up idea is a short from 0.65750 till the base of this formation @ 0.64300 - 0.64200.
Let's wait and see what is happening on the New York Open but personally I see a bias change on this pair and we could see a nice long, also I checked the economics from both sides and from USA we have worst news, the fight in the streets, number of COVID-19 is on rising trend, on the other hand,if we talk about pandemic problems, in NZ the situation is under control and they report under 30 cases since April.
More updates will be here soon !
Stay safe and have a good day !
Dow Jones IndexHello Traders
US30 price currently on a corrective wave. We either working a triangle or a WXY correction so far. If Price breaks above trend line my target would be 1.236 and 1.618 of wave 4.
INO: only going upLooking at the trends and the candle sticks, I think INO is going up for the coming weeks/months. However, all very much depending on the outcome of the ongoing clinical trial: some results leaked and these were moderately positive (clinicaltrials.gov and www.pharmaceutical-technology.com). If the final results are disappointing or negative, it will go down, fast. Otherwise it will get a boost and easily reach over $30 towards $40. In the mean time I expect it to swing around $22-$24.
Wondering what you think?
Disclaimer: am a newbie, so also here to learn. Happy to receive constructive feedback.
[NVAX] Novavax: Update - 1.6 billion funded!I still believe NVAX has a lot of potential and I'll say it again. My idea is clear that its NanoParticle and Matrix-M Adjuvant tech makes it a prime candidate for a COVID-19 vaccines. Even if it doesn't make it first (or ever), it still has major potential for the seasonal influenza (w/ NanoFlu) and its Respiratory Syncytial Virus (RSV) vaccine. Check out my original post that is linked.
Today's News:
1. www.cnbc.com
2. www.fool.com
The recovery of the market ? Or not ? A comparison is due !With the COVID-19 crash having a big impact on the markets, I wanted to compare some assets/indices on their performance since the crash on March 12th.
For completeness, I have also added the gains since Jan 1st, to see how well they recovered from the whole pandemic.
Crypto Assets
It is clear that crypto assets show the highest resilience. Ethereum in particular has shown a lot of strength, probably fueled by the DeFi movement. BTC also made a nice recovery and is at a net gain of around 30% since the beginning of the year.
Gold and Silver
While Gold and Silver are the go-to assets in case of a crisis, the gains are far below those of the top 2 crypto assets, Silver even losing some ground compared to Jan 1st.
Stock Markets
The US stock markets have shown a nice V-shape recovery with the NDAQ leading the way, completely recovered the March losses and even booking some gains. I guess technology still is considered profitable. SPX and RUT still have some recovery ahead .. but ...
What is next ?
Will we see a much expected 2nd wave of the COVID-19 pandemic ?
Will the government keep pumping money in the markets to keep them going ?
What about the debt bubble ? Will it burst ?
What will be the effect of the elections in the US ?
So many unanswered questions which causes a lot of insecurity in the markets ...
What are your thoughts ? Please share in the comments below.
Oh, and if you like this idea, consider giving it a thumbs up !
Thanks and #staysafe !
ridethepig | Gilead to ATH's with Remdesivir📍 The effect of Remdesivir...
The power to unlock the all time highs via Covid is systematically, within reach rather fast, due to the nature of drug prices which are inelastic. The effect of Gilead being treated as utility is heightened by DT putting the big orders in.
Compare the following two diagrams:
Phase III trials & Chinese red carpet
Buyers maintaining a strong floor.
In the first, you will notice how once we got the break of the channel buyers were allowed to go wandering all the way to the target on grounds of safety! The second wave looks inevitable despite the political fairydust around re-openings, stimulus is running out and now the attempt to reinstate pockets of further lockdowns will make activity immovable.
Thus the question, why adding more Gilead?
When building a long/short portfolio, we must add hedges and blocks accordingly. The strategic protection with Gilead is pragmatic, 450 million new customers unlocked via European clearance & we already got the ✅ for the red carpet from China. Complacency around the virus is remarkable, UK cheerleading "Super Saturday" and US "Independence Day" ... who would have thought we are in the middle of a pandemic. In any case... An attractive constellation for a swing towards all time highs.
Thanks as usual for keeping the feedback coming 👍 or 👎
USDCHF continue to go up inside their Channel !!Tonight US Dollar continued to be weaken amid the increase of covid 19 cases that continue to soars. investors have been piling up the money on the sidelines while retail investor actively buying and doing day trading. The emergence of application like robinhood which offer zero dollar commision on buying and selling stock have attract many trader expecially young people to try their luck on trading. there are famous saying that said " History told us that Human never learn from History".
Today situation could be compared to the event that occur in 2000, when dotcom buble burst and make stock market plumented. During that tragedy, retail trader is busy piling up their luck on buying technology company cause that company soars to the stars. Therefore in 2020, retail trader have the same strategy which could lead them to lose their money. They buy stock from company that declare bankruptcy and hope their value will be recover in near future. They treat stock market like a gamble arena. retail investor gonna profit in short term while the profesional investor aka milionaire sitting in the sidelines waiting for the bubble to burst.
So which side do you want to be ?
SPY 40% profit on 2nd COVID-19 market dropLong -term investment idea for ETF AMEX:SPY on potential 2nd COVID-19 market drop.
SPY 40% profit / Long trade 241.98 -> 338.96 / TrailStop 48.49 of price amount
Profit: 40%, Risk: 20%, Risk ratio = 1/2
Allocation: 30% of the portfolio
See the full ETF balanced portfolio based on Yield/Risk maximisation in linked ideas:
SPY - 30% allocation, 40% profit
IHI - 15% allocation, 23% profit
SOXX - 15% allocation, 47% profit
VGT - 15% allocation, 41% profit
VUG - 25% allocation, 59% profit
All equities from our ideas was fundamentally checked and have good ratios (P/E, Debt/Equity, Sales past 5Y, Profit Margin) together with strong long-term up trends.
Stay tuned with more ideas and market signals with our Telegram-bot.
Overview | XAUUSD | Buy and Short AnalysisGood Morning/Afternoon Traders
Gold is trading on 7 year high. The Reisistance on 1779.00 is holding Strong. I think we will see some rebounce on that level. Some Analyst are awaiting Gold rising to 1800.00.
But i recommend to be careful. Like we saw in March on Level 1770.00 we had a strong rebounce to 1450.00 in onle 5-10 Days. I assume there will be a strong pushback down after reaching this Level of 1800.00 or even 1790.00. Covid-19 Pandendemic in the US is not over yet. The Numbers are rising and a 2nd wave of infected is to expect. What means that Banks and Companys are better prepared for the 2nd Wave. If they rise the Liquidity of the Companys and sell of Bonds, Stocks and Commodities, there is a big chance that Gold could go back to 1500.00.
We thought Gold is a rising star in times like the pandemic and a safe place for banks but after the selloff to 1450.00 banks saw that even commodites are not safe in these Times. So trade carefully.
Regards, Prend
BTCUSD - Price Stability is here - What is next ?Since my last publication back in April , price has performed pretty much as expected.
We did close a little above the 9.2K level at the end of May, but we could consider that within the error margin. This month we attempted to break higher, but 10K seems like a hard stop and by now we are back below the 9.2k key level.
Bitcoin price is very stable as we have been trading in the 6.4 - 9.2K range for the last 10 months. The global economy is still suffering because of the COVID-19 crisis though and it does not seem that a recovery is anywhere near, despite all stimulus from governments. Bitcoin has been proven very correlated to the stock markets since the March crash and I don't expect that to change anytime soon.
So what is up for the coming months ?
The effect of the supply shock is not felt yet in the BTC markets despite a lot of OTC buying. As far as the Plustoken BTC stash, I understood they still should have around 22.000 BTC to get rid of and everytime price comes near the 10k level we see a good sell off which indicates that they do not want to sell at any price.
So, if the stimulus continues and the market continues to react as they have done in the last couple of months, we can expect price to continue ranging within a narrow band, and everytime we come near 10K see a bunch of BTC dumped on the market until they run out of BTC to sell.
With the OTC buying continuing we probably can expect the OTC exchanges to run out of BTC sooner or later as well, and at some point this year they might have to replenish.
Q3 starting the day after tomorrow and keeping the above in mind, it looks like we'll have to wait till Q4 2020 or even Q1 2021 before we see the start of the rally and a breakout above 10K.
But hey, this is bitcoin, anything can happen ! :)
What are your thoughts ? Let me know what you think in the comments below.
Oh, and if you think this analysis is useful, a like would be appreciated :)
#staysate #tradesafe
Has the Recovery of Dow Jones Stopped?Apart from the smash-down movement upon the first spike in the COVID cases in the US, there hasn't been any major movement.
However, we can see that the market is becoming more cautious about buying the stock market amid a continuous rise in the number of COVID cases globally and especially in the US which has recently broken all-time high.
Technically, since the price resubmerges below the 200-MA, there's been multiple rejections to prevent the price from resurfacing.
The market became more decisively bearish in the last 3 trading days and we are seeing a probable break-below of its rising channel.
The market has been insanely recovering amid the economic slowdown and purely supported by an unprecedented injection of money by the government.
Naturally, this can't go on forever and even if it's able to extend it's recovery further, there's got to be a point where the market corrects itself heavily.
To pick a side, we pick the side where the stock market will undergo a mini-crash towards the 23000 region.
As for the most recent new COVID cases in the US, it has just reached a all-time high of 44.7k, which is 24.5% more than 24th April peak.
Is There Something Going On Here? And Some Deeper Thoughts The Dow
First thing I'm noticing is the red line seems to be the support on three occasions, with three distinct periods from 2018 where the DOW dropped to the red line and recovered.
2020 Corona crash has had a somewhat perplexing recovery, which to me defies absolutely all and any logic!
It's absurd the DOW has rallied like it has given the economic horror story that's unfolding and mass unemployment, none of it remotely makes any sense.
The absurdity of the recent gains on the questionable unverified results from Gilead shows that unless you're worth at least 8 figures, have wealthy connected family or friends then you shouldn't put your money in the markets at this point.
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Personal Thoughts & Musings
Is it setting up for another far steeper drop ? The logical brain of mine thinks that nothing lasts forever and infinite unending economic growth is impossible.
In history and in nature, nothing lasts forever!
The question is how long does this go on for ?
I think we are teetering on the edge of the end of the "20th century / American" era and truly the beginning of the 21st century era, much of the way things were will slowly come to an end in another 30-50 years memories of the 20th will be like the think of the 18-19th centuries today.
The defining moment that people will say the 20th century truly died is when Queen Elizabeth II passes in the near future.
XSPA ready (Golden Cross)XSPA began it's pilot covid-19 testing program this week in contract and in conjunction with JFK airport. More airports to follow and getting lots of media attention. XSPA was featured in a time magazine article today.
I am long with an avg of $4.71.
My price targets for the year are marked. I believe these will be hit by end of year. I will take profit at each target and at any time I may sell my entire position and look for an opportunity to reposition. Trade carefully.
Yea I know I am crazy. GLTA.
Not Financial Advice
Not a recommendation to buy this stock
Novavax (NVAX) stock price is on track...for now [LONG]Just re-iterating my previous assertion (guess) that NVAX is on course for massive gains in the long-term. Doesn't mean it's a great company but this pandemic has initiated a similar pattern in the past. They have several great developments in the works: NanoFlu, RSV F, and a COVID-19 vaccine candidate. See my previous posts especially the related one.
This is purely speculation based on their pipeline. This is not financial advice.
$ROKU PT $115Bring this one down town! I think ROKU can see a nice drop coming down to the $115-$110 range before stabilizing out. The strength on the 45min chart does not look well, but there's some optimism looking at the 1D chart, but even then it's still in range for the set PT of $115. GLTA and stay safe!