Infrastructure
Buy Pull BacksWith the US infrastructure bill passed and GDP expansion via fiscal support, the broad market is still long.
VIX curve show no signs of backwardation, but the cautionary note is the Debt Ceiling and Budget issues coming up - these may provide buying or covered call writing opportunities.
Side note: no hyper inflation and relates going lower as Fed rate rises are still off the table! If we have a growing re-opening economy in the US will supply chain blockages being worked through, we may see further upside in the US economy and credit cycle growth assisting.
is $CHPT ready to charge once again?*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
After correcting from a previous all time high of $49.48 $CHPT now sits at $20.68.
My team was extremely successful in capturing massive gains from $CHPT this year during its June rally. We exited $CHPT capturing most of our gains at the top and have been sitting on the sidelines for the past few weeks, but on Friday 9/10/21 my team opened a new position in $CHPT at $20.70 per share. We also have a buy order at $19.35 set in place in case $CHPT decides to trickle down to previous support levels in that price range.
My team speculates that the EV market as whole is due for a massive rebound due to semiconductor production recovering this fall, and we plan to capitalize on this opportunity.
ORIGINAL ENTRY @$20.70
BUY ORDER @$19.35
TAKE PROFIT @$42
If you want to see more, please like and follow us @SimplyShowMeTheMoney
SP500: Sell Rallies - Pre-empt PullbackMy strategy for the SP500 index is as follows:
- Exit Long positions on rallies and hold a core long position for the long term ( "time in the market")
- Wait for a deep pullback to start adding back Longs (SP500 is growth function)
- Happy to scalp short term, but I like a to 'load the wagon" long if we had a decent 600-1000 point correction!
- Trade in smalls and build a position (limit grids - no 'binary' trading)
Fiscal stimulus is still strong. Downside issues is the ridiculous USA debt ceiling, which is meaningless in a fiat currency system, but which is exploited for political reasons.
Infrastructures deal is great for the market - but that seems subject to risks also. The ideal situation would be to have a 'deep' correction, and then have a decent infrastructure deal be agreed to and passed in the house.
NB. Infrastructure deal is passed and debt ceiling is avoided - ignore the above (but it is very unlikely that we will not have volatility and further downside runs in the market as we approach end of September and go into October).
ET to make a Move to the Upside SoonThe midstream "stocks" typically move predictably with their payouts. Energy Transfer is no different and is moving to a strong upside as a payment is expected in October. There's also the considerable catalyst of its acquisition of Enable Midstream Partners which will expand $ET's already extensive pipeline coverage (~90,000 miles). Buying into $ET at its present valuation is nearly theft.
HILL International UpdateHILL Intl. is one of the largest construction management firms in the US. Guess whats coming in October - infrastructure bill. Will it happen? I think so.
HILL Intl. should be a recipient of some this cash (hopefully). See previous post.
Side note: it has done absolutely nothing since I added it. Could have placed in much better places but whatever. Holding until it pops.
$KNX: Another leg higher for this trucker post infrastructure?KNX is setting up here with a really nice long term base, cracked the 50 level last week. Was that the level it needed to make another move higher? Time will tell. Following IYT as well and the possibility of it bottoming, if it does, we should see significantly higher prices here
NEAR/USDT Road to new ATHSolana and Cardano reached a new ATH. same as LINK, NEAR/USDT in the same category - currently on an uptrend and we could see a pump from here.
Target 1 - $4.498
Target 2 - $5.029
Target 3 - $5.247
Target 4 - $5.611
Target 5 - $6.224
Target 6 - ATH
This is not financial advice, please DYOR. Please keep an eye on the market and BTC corrections. Place stop loss below $2.9991 or $2.5071
LINK/USDT Road to new ATH Solana and Cardano reached a new ATH. Next LINK/USDT - currently on an uptrend and we could see a pump from here.
Target 1 - $29.965
Target 2 - $36.626
Target 3 - $42.924
Target 4 - $45.831
Target 5 - ATH
This is not financial advice, please DYOR. Please keep an eye on the market and BTC corrections. Place stop loss below $21.73
FCEL 8/10 Update$FuelCell Energy a gap was made this morning so its in the stage of filling while constantly testing resistance. Alrhough the infrastructure bill hasnt factored in yet, not a lot of money is going to clean energy projects but the bump should do us well. I’m neutral but a heavy bag holder.
LEU WILL POWER THE FUTUREWith a major infrastructure plan in the works, EV burning up the roads, and hoping for a green future, Leu is waving its flag and trying to get our attention.
Earning report on 8/17
Bill could pass any day, earnings report likely positive - If they happen close together this will be a one-two punch on the accelerator.
Price to drop on 8/11 with 8:30 AM inflation numbers - good time to load up and strap in before lift off!
the above is personal opinion and should not be construed as stock advice or direction.
Good luck!
$SWI Solar winds infrastructure win..SolarWinds Corporation designs and develops information technology management software for infrastructure solutions. The Company offers solutions such as network performance monitoring, configuration, virtualization, database management, hosted logs, security, and configuration. SolarWinds serves customers in the United States.
JULY 20TH 2021
Red shake off of previous shareholders while taking in new inflow due to gap up.
On August 2nd 2021, a massive green candle has resulted in clear EMA Cross over of
all three minor EMA (20/50/100) over the
major EMA trend line(200) On August 3nd 2021.
This all indicates bullish up trend. If you refer to the last time this happened, on Jun 24th 2020,
and you bought on that day, the stock would have ran up roughly 25% till the 11th of december.
Where you can see a bearish down trend occurs, and the EMAS all dip under neath the 200 EMA.
This bearish downtrend has been confirmed dead on the 20th of july 2021.
I believe a new bull run has started.
Due to current Catalysts involving the Infrastructure 1 trillion plan, $1.5 Cash per share one time dividend annoucement, Morgan Stanely raised price target from 20-> 40, and Earnings suprise today of 60%. I believe this company will achieve even higher revenues and have another earnings beat in november. While also maintaining a bull run to 30-40 dollars.
Where is support?
Most likely at 22.86. (Refer to high on feb 04 2020, and August 07 2020.)
Thanks,
Ben
finance.yahoo.com(SWI)%20came%20out%20with,Estimate%20of%20%240.43%20per%20share.
www.businesswire.com
TRQ Small Cap Copper, Copper on the cusp of a New All Time HighThe electrification of America and the world is going to require huge amounts of copper. New all-time highs should be expected.
Copper resources are likely going to become highly valued throughout this decade as more and more copper is needed to overhaul the energy and infrastructure grid.
Bullish- Long Play- IEA has been consolidating in this triangle for quite some time now. Undoubtably a long-term play, has held its support and looks to have found a bottom, with volume should really pop
- Hidden bullish divergence on the RSI
- Bollinger Bands squeezing indicating a big move
- Buyer volume starting to pick up again
- Held support at the $11.28 level, has resistance circa $13.59 and $15.51
PT1- $13.65
PT2- $14.80
PT3- $15.75
Infrastructure & Alternative Energy I mean need I say more than the company’s name? Just wait for that bill to be signed! This company has a backlog of $2 billion! At the same price level that took it from $12 to $24! I got the funds in place!
DLF - does it need our attention?The monthly chart shows rejection at 23.6% FIB. However, it's above an important zone of around 270 from where the price has previously reversed. RSI is also 60 which is good.
Weekly RSI is 60 as well, a good sign. It appears to have formed an HH and an HL for now. However, price rejection at higher levels seems apparent.
The Daily chart shows RSI at 60, too. A trend-based FIB extension points towards a potential resistance of 315 once 300 is breached, with support at 282.
The price is a little higher for my liking which might make it slightly lower RR (if I recall correctly, this is why @Anosh_Mody
and I hadn't included this in our video). But it appears decent technically. In fact, it kinda follows Vishal Malkan
's G-F-F setup with RSI being 60.
India Cement Positional betNSE:INDIACEM
A very promising Multiyear Trendline/Triangular pattern weekly/Monthly breakout on chart.
Demand in cement due to infrastructure boost we can see more rally in cement stocks from here also.
CMP 202
Strict SL 160 on closing basis
Tgts 250 300 350++
time frame 1-2 years
*Note- please consult your financial advisor befor taking any entry or exit.
Thank you