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WHEN MARKETS GO WILD! The DJI, S&P500, Australia200 and the DAX all went wild today. No predictions in here. This is just the big picture of the daily time frame. I have to say that I am totally surprised by the DJI pump north. This markets is highly overvalued something like 17-19 times that of fair value for stocks comprising it. I won't go on much longer about that, we've seen markets go wild before e.g. dotcom bubble. Theory of curves and rising wedges failed here. These things do no rule markets. The FED has given the implicit guarantee, and the big boys took the markets well north. There's QE4 and soon QE5 coming up. So north is now the greater probability. I'm out because this is a highly unstable situation. Oh - but it's not QE because the FED says so - riggggghhtt! LOL. The POP is coming - and everybody wants to know when. Look, it's like bad weather. You can see the storm clouds gathering but you just don't know when the heavens will open on you with a downpour.
FOREXCOM:US30
by Captain_Walker
More room to go for NASQ, will we see 10.000 Points soon? In my opinion we got a whole lot of space to the upside and the fact that the majority of private investors are planing on a big crash, might take the market even higher. The analysis on the chart would like to see the price reaching around 10.000 points in 2020. Cheap money will extend the growth. Just my Opinion so make your own research and never forget to always be prepared for the unpredictable. May the markets be with you
FX:NAS100Long
by derfreietrader
SPY: Crossroads As of now SPY is still considered bullish. There are two distinct paths from here on through the holidays. If the stock doesn't break the ATH before December 27th, it is highly likely to go sub 300. Breaking the ATH in said timeframe could send the stock flying to 325-340. If the stock closes below the first guide-line, it is likely to cross the second guide-line as well (to touch down on 'b'). – two gaps still to be filled sooner or later (pan down for 2nd gap) – the higher low isn't distinctive enough and is therefor rated 'neutral' – current ADXDI shows assets leaving the stock and sell-volume picking up substantially, keep observing for changes – RSI is neutral to bearish – MACD returning to bearish to neutral – stock is likely to reverse for a second leg before attempting another run-up (see RSI) – PSAR series on the 4H has a bearish trajectory Current indications point to a clear direction to be chosen soon. The weekly and monthly chart show a possible melt-down of the markets in spring 2020 (20-40% drop). This is echoed through the likes of Wilshire 4500 (market value) and the Dow Jones (industrial). I'll be revisiting this post once every 1-2 weeks for updates. (lines and connections have been averaged on step-line over log for higher precision)
AMEX:SPY
by UnknownUnicorn5323213
SPY: UpdateWhile this 2y old broadening wedge is considered busted when using straight lines, you can always use parabolas to make minute fitting-adjustments in order to see where it's headed short-term. What you'll most likely see is a so called "late bust". When formations bust, they usually bust and reverse course right away. Some formations bust late and just appear to breakout creating either a double-top reversal , an inverted vV-reversal , or an adam & eve reversal (and a few other possibilities which are unlikely). For the time being SPY is clearly bullish. All you have to look for is a breakout above parabola 'X' and a 'weekly' candle close above that line. Once this is out of the way it is highly likely to reach for levels of 320-335 and a maximum technical possibility of 390 (extremely unlikely since the formation is busted). Now, closing above parabola 'X' would mean that the broadening wedge has ended, any formation (maximum 6-8 months old) that is built above that line (or trend line 'A' respectively), will ultimately decide the next "big move". This move, if downward , will have a loss-of-value potential of at least 18% (measured A to B), and 33% or more for a greater move (measured A to C). You should do your own study on how these formations usually reverse after a bust. Not the drawn-up charts, but the actual busted wedges. I've experienced some of them busting all the way below the lower trend line in one go, not kidding. This chart is valid until mid next year, and when trading below 340. Remember, parabola 'Z' and below is your strong-sell signal. In a few weeks and a few more candles, we'll be able to look forward more precisely. (Lines A and C are parabolas and not straight. The pink-dotted line is the 136MA (average of 20/50/200). Connections have been averaged on step-line over log for greater precision)
AMEX:SPY
by UnknownUnicorn5323213
2
Keep an Eye on the VIX!As euphoria has come back into the markets, with earnings coming in strong and the global macro environment looking a lot less hostile, US equities have made all-time highs in recent trading sessions. However, in spite of this trend, investors and traders should keep an eye on the VIX and market volatility. The VIX has reached our "Bounce Back" zone, indicated by our Weekly Support levels of around $11.91 in price, and 42.07 in the RSI. The "Bounce Back" zone is an area where volatility creeps back into the market after a period of calm. As can be seen in the accompanying chart, the VIX is currently at (or at the very least around) this level, both in terms of price and RSI - a level that usually sees a jump in volatility shortly after. Thus, after a period of relative calm and fresh new highs in the markets, we would just caution investors to keep an eye on the $VIX, as a bout of market volatility may be overdue. $IXIC $DJIA $DJI $QQQ $SPX $SPY $RUT
CBOE:VIX
by EconomicsGlobal
Description in, simple and understandable. If not that, what?Recently I witnessed myself some people being unaware of our financial situation, worldwide. The TVC:SPX is very close to a BOOM! Mathematically proven, but again, that doesn't mean much nowdays. The benefit of the doubt and a load of other crazy things happening is not impossible. This scenario is most probable in my opinion and i'm very invested to it ! We are in the bring of a possibly disastrous situation that would leave the world shattered behind it. So big that the world would demand change.You are all free to agree or disagree but know that I will support strongly my beliefs till I'm proven wrong. Trying to educate myself I am more than happy to exchange educational ideas or thoughts and of course constructional feedback. Anyone who wants can just come join us on this journey on our facebook page : www.facebook.com
SP:SPXShort
by skalistos57
$SB - Bullish In Trend Looking StrongSafe Bulkers, Inc. is a holding company, which engages in the ownership and operation of dry bulk vessels. It also offers marine dry bulk transportation services, transporting bulk cargoes, particularly coal, grain, and iron ore. Its fleet include Panamax, Kamsarmax, Post-Panamax, and Capesize class vessels. The company was founded on December 11, 2007 and is headquartered in Athens, Greece. SHORT INTEREST 992.82K 10/15/19 P/E Current 11.91 P/E Ratio (with extraordinary items) 14.81 P/E Ratio (without extraordinary items) 11.10 Average Recommendation: OVERWEIGHT Average Target Price: 2.33
NYSE:SBLong
by DEXWireNews
$MLSS - Bullish Momentum Retracement Coming Wait For Entry Milestone Scientific, Inc. engages in the provision of pioneering proprietary, innovative technological systems and solutions. It also involves in the development, manufacture, market, and selling of computer controlled system for the improved and painless delivery of local anesthetic. It operates through the Dental and Medical segments. The company was founded on August 17, 1989 and is headquartered in Livingston, NJ. SHORT INTEREST 307.72K 09/30/19 P/E Current -5.89 P/E Ratio (with extraordinary items) -9.32 Average Recommendation: BUY Average Target Price: 2.00
AMEX:MLSSLong
by DEXWireNews
$PXLW - Bullish Momentum Possible Retracement Coming Pixelworks, Inc. engages in design, development, and marketing of visual display processing semiconductors, intellectual property cores, software, and custom application specific integrated circuits solutions for video applications. It also offers solutions for advanced media processing, and the delivery and streaming of video. The company was founded in 1997 by Robert Y. Greenberg and Allen H. Alley and is headquartered in San Jose, CA. SHORT INTEREST 356.48K 09/30/19 P/E Current -33.15 P/E Ratio (with extraordinary items) -41.30 Average Recommendation: BUY Average Target Price: 5.25
NASDAQ:PXLWLong
by DEXWireNews
$VTGN Bullish Momentum Can Trendline Hold? VistaGen Therapeutics, Inc. is a clinical-stage biopharmaceutical company, which engages in the development of new generation medicines to treat diseases and disorders of the central nervous system. Its portfolio focuses on three clinical-stage product; neuropathic pain (NP), levodopa-induced dyskinesia (LID), social anxiety disorder (SAD) and suicidal ideation (SI). Its product include AV-101 product and PH10 neuroactive nasal spray.The company was founded by H. Ralph Snodgrass and Gordon Keller on May 26, 1998 and is headquartered in South San Francisco, CA. Short Interest: 2.08M 09/30/19 P/E Current -1.51 P/E Ratio (with extraordinary items) -2.09 Average Recommendation: OVERWEIGHT Average Target Price: 2.35
NASDAQ:VTGNLong
by DEXWireNews
#SMED - Bullish Momentum - Possible Breakout?Sharps Compliance Corp. engages in the provision of healthcare waste management services including medical, pharmaceutical, and hazardous. It focuses on developing management solutions for medical waste and unused dispensed medications generated by small and medium quantity generators. The company was founded in November 1992 and is headquartered in Houston, TX. SHORT INTEREST 7.42K 09/30/19 P/E Current 327.05 P/E Ratio (with extraordinary items) 327.53 P/E Ratio (without extraordinary items) 267.67
SLong
by DEXWireNews
$UONEK - Bullish Momentum - Retracement Likely For Better EntryUrban One, Inc. is a multi-media company, which engages in the radio broadcasting operation that targets African-American and urban listeners. It operates through the following segments: Radio Broadcasting, Reach Media, Digital, and Cable Television. The Radio Broadcasting segment includes all the broadcasting related operations. The Reach Media segment consists of the Tom Joyner Morning Show and its related activities. The Digital segment focuses on its online business, including the operations of Interactive One. The Cable Television segment deals with TV One's operations. The company was founded by Catherine L. Hughes in 1980 and is headquartered in Silver Spring, MD. SHORT INTEREST 2.3M 09/30/19 P/E Current 0.73 P/E Ratio (with extraordinary items) 0.70 P/E Ratio (without extraordinary items) 0.55 Average Recommendation: BUY Average Target Price: 6.00
NASDAQ:UONEK
by DEXWireNews
$LEU Trend Retracement To Golden RatioCentrus Energy Corp. engages in the supply of nuclear fuel and services for the nuclear power industry. It operates through the low-enriched uranium (LEU) and Contract Services segments. The LEU segment has two components which include the sale of SWU and uranium. The Contract Services segment relates to the contract with UT-Battelle and limited services provided by Centrus to the United States Department of Energy and to contractors at the Piketon facility. The company was founded in October 1992 and is headquartered in Bethesda, MD. SHORT INTEREST 45.72K 09/30/19 P/E Current -0.35 P/E Ratio (with extraordinary items) -0.42 Average Recommendation: HOLD Average Target Price: 44.60
AMEX:LEULong
by DEXWireNews
$EDAP Strong Trend, Growing Stronger EDAP TMS SA is a holding company, which through its subsidiary engages in the development, production, and marketing of minimally invasive medical devices for urological diseases. It operates through High Intensity Focused Ultrasound (HIFU) and Urology Devices and Services (UDS) segments. The HIFU segment develops, manufactures and markets devices for the minimally invasive ablation of certain types of localized tumors using HIFU technology. The UDS segment focuses in the development, marketing, manufacturing, and servicing of medical devices for the minimally invasive diagnosis or treatment of urological disorders, mainly urinary stones, and other clinical indications. The company was founded on December 3, 1979 and is headquartered in Vaulx-en-Velin, France. SHORT INTEREST 51.91K 09/30/19 P/E Current -348.94 Average Recommendation: BUY Average Target Price: 5.87
NASDAQ:EDAPLong
by DEXWireNews
$EXFO - Bullish Momentum Looking strongEXFO, Inc. engages in the provision of test, monitoring, and analytics solutions for fixed and mobile communications service providers, webscale companies and equipment manufacturers. It offers field network testing, optical benchtop kits, tunable filters, network simulation and load testing, and switch and utility module. The company was founded by Germain Lamonde on September 18, 1985 and is headquartered in Quebec, Canada. SHORT INTEREST 10.75K 09/30/19 P/E Current -92.22 P/E Ratio (with extraordinary items) -97.05 Average Recommendation: HOLD Average Target Price: 4.54
ELong
by DEXWireNews
$FLL - Bullish Zone, Trend Continuation. Looking GoodFull House Resorts, Inc. engages in the ownership, leasing, development, operation, and management of gaming, hospitality, and entertainment facilities. It operates through the following segments: Silver Slipper Casino and Hotel; Bronco Billy's Casino and Hotel; Rising Star Casino Resort; and Northern Nevada. The Silver Slipper Casino and Hotel segment includes gaming space, hotel rooms, fine dining restaurant, buffet, quick service restaurant, and casino bars. The Bronco Billy's Casino and Hotel segment contains slot and video poker machines, table games, hotel rooms, steakhouse, casual dining outlets, and outdoor amphitheater. The Rising Star Casino Resort segment comprises of casino space, hotels, fine dining restaurant, buffet, sports bar, quick service restaurant, coffee shop, and multi-purpose grand theater. The Northern Nevada segment covers Stockman's Casino and Grand Lodge Casino. The company was founded on January 5, 1987 and is headquartered in Las Vegas, NV. SHORT INTEREST 3.7K 09/30/19 P/E Current -9.59 P/E Ratio (with extraordinary items) -17.31 Average Recommendation: OVERWEIGHT Average Target Price: 3.38
NASDAQ:FLLLong
by DEXWireNews
$REPR - Bullish Momentum & Correction Complete Repro-Med Systems, Inc.engages in the design, manufacture, and market of proprietary medical devices. It products include FREEDOM60, a syringe infusion pump, which is designed for ambulatory medication infusions; HIgH-Flo, is designed for self-administration of medicine under the skin; and RES-Q-VAC, is a portable and hand-operated suction device that removes fluids from a patients airway. The company was founded by Andrew I. Sealfon and Adrian W. Zorgniotti on March 24, 1980 and is headquartered in Chester, NY. P/E Current 166.74 P/E Ratio (with extraordinary items) 6,330.04 P/E Ratio (without extraordinary items) 70.51 Average Recommendation: BUY Average Target Price: 5.00
RLong
by DEXWireNews
$VERU - Bullish Trend Good YTD So FarVeru, Inc. is an oncology and urology biopharmaceutical company. It develops medicines for prostate cancer treatment and prostate cancer supportive care as well as urology specialty pharmaceuticals. Its oncology drug candidates includes VERU-111, an oral alpha and beta tubulin inhibitor, which is in a phase 1b/2 study for the treatment of metastatic castration resistant prostate cancer; Zuclomiphene citrate, which is in a phase 2 clinical trial for the treatment of hot flashes in men undergoing prostate cancer hormonal therapies; and VERU-100, a long-acting GnRH antagonist 3 month subcutaneous depot, planned phase 2 clinical trial for the treatment of hormone sensitive advanced prostate cancer. The company's urology specialty pharmaceutical drug candidate is TADFIN, a tadalafil and finasteride combination oral capsule, for the treatment of men with benign prostatic hyperplasia. Its commercial products include the FC2 Female/Internal condom for prevention of pregnancy and sexually transmitted infections and PREBOOST 4% benzocaine wipes for the prevention of premature ejaculation marketed as Roman Swipes by getroman.com. The company was founded by William R. Gargiulo Jr. and O.B. Parrish in 1996 and is headquartered in Miami, FL. SHORT INTEREST 52.79K 09/30/19 P/E Current -4.75 P/E Ratio (with extraordinary items) -7.87 Average Recommendation: BUY Average Target Price: 7.38
NASDAQ:VERULong
by DEXWireNews
$GEN - Still Could Reach HigherGenesis Healthcare, Inc. is a holding company, which engages in the provision of inpatient services through skilled nursing and assisted and senior living communites. It also offers rehabilitation and respiratory therapy services. It operates through the following segments: Inpatient Services, Rehabilitation Therapy Services, and Other Services. The Inpatient Services segment manages operation of skilled nursing facilities and assisted/senior living facilities. The Rehabilitation Therapy Services segment provides rehabilitation and respiratory therapy services. The Other Services segment comprises of other specialty medical services, including physician services, staffing services, and other healthcare related services. The company was founded in 1985 and is headquartered in Kennett Square, PA SHORT INTEREST 4.27M 09/30/19 P/E Current -0.59 P/E Ratio (with extraordinary items) -1.00
GLong
by DEXWireNews
$PFIE - Bullish Trend - Could go beyond $2.40Profire Energy, Inc. engages in the development of burner-management technologies used on a oilfield natural-draft fire tube vessels in oil and gas industry. It offers line-heaters, dehydrators, separators, treaters, amine reboilers, and free-water knockout systems which facilitate the proper function of the vessel. The company was founded on May 5, 2003 and is headquartered in Lindon, UT. SHORT INTEREST 317.87K 09/30/19 P/E Current 15.22 P/E Ratio (with extraordinary items) 17.59 P/E Ratio (without extraordinary items) 11.74 Average Recommendation: OVERWEIGHT Average Target Price: 3.45
PLong
by DEXWireNews