NFLX
Facebook in bear flag, next move lower is a BUYFacebook continues to trade as expected however, the decline might be halted at the 50% Fibonacci based on how the current structure is unfolding.
MSFT still has upside but these 5 stocks offer better r/r...The time to buy was last November/December, today you should be moving stops higher and protecting gains!
S&P500 set to PULLBACK to $2,536, China data positiveMy concerns of anything more than a pullback are subsiding, Chinese PMI is in expansion once more which is confirming that the majority of poor economic performance is likely finished.
Over the next 6 months we expecting to see hard data underperform, compounded with a rising dollar it is a headwind for equities.
FACEBOOK is the cheapest its been since inception target: $285From a top-down view of the economy, we are seeing an expansionary environment albeit at a slower pace. Using net income versus operating expenses Facebook is the cheapest its been since its inception back in 2012.
Near term headwinds are likely to prevail in tandem with the broader averages and a near term target of $144 is likely before we move higher into our $285 target to end the cycle.
Huge upside for Disney in spite of Netflix competitionHi guys, a view on Disney. Content distribution is clearly the issue, however, I think that will soon be addressed. Lots of hype around Netflix passing out Disney in market cap but I think the upside is very much intact for Disney and the trend should reassert soon.
Indicee Overview with the IchimokuI quickly look at the risk potential going into tomorrow markets. I am 98% Cash with a small position in CVX calls. I am also not trading tomorrow. I see lots of potential downside risk.
