LMT a defense large cap dips for buyers LONGLMT has been flat sideways since a good earnings beat 5 weeks ago. Lockheed Martin as a
defense contractor is in a growth environment with the US supplying arms to Ukraine as well
a Isreal. Domestic stockpiles and those of NATO are somewhat depleted. The contraacts will not
catch up for years. Gone are the days of making face masks and gowns during COVID to keep
revenues flowing in. I see this 2% dip as a change to get a small discount on what should
be a stock with upside for some years to come. This is a long swing trade not expectant of
a 3-4% profit in a week. I expect to hold this at least until the next earnings if not through
the presidential elections where the defense and national security perspectives of the
incoming or returning president may be a factor in the fundamentals of defense contractors.
Value
MNTS- Momentus secures federal contract LONGMNTS is now contracted with the Pentagon and NASA for space exploration work including
satellites and a space station pages.optimallivingdynamics.com
Traders and investors reacted in the past day or two. MNTS is currently priced at about 99.9 %
of its ATH of about $1250 three years ago. Accordingly, it is a penny stock with a potential
1000X upside. That is to say $ 1000 could become $1 M. 135 million shares traded in the past
day. Revenue increased 4X quarter to quarter. The Price X Volime Trend had and impressive
pop I will take a speculative long trade here for a long duration swing trade to see if
MNTS can launch higher.
RDFN fintech small cap reverses higher LONGRDFN on the 15 minute chart has move up from a low pivot which included a mass index
indicator triggering. ATH was $85 so current price is 7-8% of that ATH. I will take a long trade
here. My targets are the May high pivot at $8 and the January high pivot at $10 with a stop
loss at $6 to be managed as the price moves toward 8. RDFN to a certain degree is subject to
rates and federal actions. I am convinced that when the time is ripe the Biden administration
will pressure the " independent" fed into a rate cut which should give RDFN the momentum it
needs to push toward those targets or even higher.
Butterfly COPX for 21 Jan'25. This butterfly for COPX. (copper ETF) for 21 Jan 2025 at 55/57/59 is very interesting as it has a ratio of 1:20. (i.e. $1000 purchase for this butterfly today can turn into $20,000 if COPX reaches a price of 57 on 21 January.
If COPX closes between 55 and 59 in Jan'25 then a percentage of the $20,000 will be the profit.
XAU XAG SPREADThe spread between XAU (gold) and XAG (silver) provides insight into the relative performance of these two precious metals. Over the past few months, the XAU/XAG ratio has shown an upward trend, indicating gold's outperformance relative to silver. Technical indicators such as the 50-day and 200-day moving averages confirm this bullish trend, with the spread consistently trading above these averages. However, recent RSI readings above 70 suggest overbought conditions, hinting at a potential short-term pullback. Support for the spread lies near the 80 level, while resistance is around 90. Watch for a break below the support as a signal for silver to start outperforming gold.
ON-BALANCE VOLUME-Possible Target $70,378OBV green trend lines has been confirmed by OBV. For that reason they are aligned that way. The dotted arrow points to the top according to halving.
Follow the white moving average which refers to price guidance. Indeed candlestick trend moved downwards as price guidance and now points to the upside
Possible Target $70,378
Liquity / LQTY & Binance The price of LQTY is $2.3 today with a 24hour trading volume of 80 million dollars. This represents a 80% price increase in the last 24 hours and a 250% price increase in the past 30 days. With a circulating supply of 91 Million LQTY, Liquity is valued at a market cap of 200 million dollars thanks to CZ!
Liquity is a decentralized borrowing protocol built on Ethereum that utilizes LQTY, a USD-pegged stablecoin. Ether holders can draw loans in the form of LQTY with algorithmically adjusted redemption and loan issuance fees
as you see LQTY whales are notorious for dumping on retails so don't forget the stop loss(rug). next targets are 2.7 and 2.9$
Forecasting the US 10-Year Yield: Insights for Q2 and Q3Traders, as we navigate through the second and third quarters, understanding the potential movements of the US 10-year yield TVC:US10Y becomes increasingly crucial. Join me as we analyze the factors shaping the bond market and anticipate the trajectory of the 10-year yield in the coming months.
I'm excited to share a comprehensive outlook, encompassing a short-term surge to 4.625%, a subsequent retracement to 4.3%, and finally, a bold move up to 5% by the end of July.
TVC:US10Y
Prepare for market turbulence! With inflation data grabbing the spotlight, brace yourself for a potential seismic shift in the financial landscape. As inflation data becomes the talk of the town, all eyes turn to the US 10-year yield TVC:US10Y , which stands on the brink of a surge towards the pivotal 4.625% threshold.
We're in for a wild ride as inflation data takes center stage and sets the stage for market volatility.
Reasoning:
Economic Recovery Outlook: Assessing the pace and trajectory of economic recovery will be paramount in forecasting the US 10-year yield. Keep an eye on key indicators such as inflation rates, GDP growth, employment figures, and consumer sentiment surveys.
Inflation Expectations: Rising inflation expectations can put upward pressure on bond yields as investors demand higher returns to offset the eroding purchasing power of their investments. Monitor inflation data releases and central bank statements for insights into future policy actions.
Profit-Taking Opportunity: In anticipation of the yield surge, I'm eyeing profit-taking opportunities on USD pairs. The heightened yield environment could attract investors seeking higher returns, driving up demand for the USD in the short term.
Inflation Data Surge: As inflation data takes center stage, the US 10-year yield is poised to surge towards the critical 4.625% threshold. This anticipated increase in bond yields is likely to trigger a ripple effect across the forex market, particularly impacting USD pairs.
Global Economic Trends: Global economic trends and geopolitical developments can also impact the US 10-year yield. Factors such as international trade dynamics, monetary policy decisions by major central banks, and geopolitical tensions can influence investor sentiment and bond market movements.
As we journey through the second and third quarters, let's stay proactive and informed to capitalize on opportunities in the bond market. Join the discussion as we navigate the intricacies of bond yield forecasting! #US10YearYield #Forecasting #BondMarketAnalysis 📈📉💡
XAU ShortTime for a pullback!
This is the blueprint.
I say price returns to $2000, but could very well regress all the way back to $1800 over the next year.
I’m looking for a much better entry on the lower time frames than the one shown on the chart, but you get the picture.
It’s time for a major regression back to where price consolidated for over a year, in 2021.
Happy Trading!
OGI - a MJ penny stock upgraded LONGOGI got an upgrade from hold to buy and with it a target of 5.25 or more than double current
valuation. The ballot iniative in Florida and legalization in Gremany are recent news. VP Harris
seeks to make legalization an lection issue this fall while pushing for a DEA reboot on the whole
cleassification of MJ. Prospects for growth seem more clear for OGI . I will take a long trade
here with the National MJ Day upcoming this weekend. I will target the horizontal levels
of recent pivots as drawn in black on the 60 minute chart.
FLGC rides MJ rallying from being beatdown long term LONGFLGC here on a 30 minue chart reflects the new agenda in the swamp as incumbents try to
fortify their re-election agenda. Same is happening in Germany !. My trade started 10 days
ago. I am looking for 300% got 200% so far. Momentum continues. Hot is hot until it is not.
(See also ideas on OGI, ACB and TLRY.) Adding on any pullback or consolidation.
TAP flushed on a good earnings beat into support LONGTAP appears to to have fallen into support on a good earnigns beat Perhaps traders were
expecting a better beat. It is now 15% below the resistance zone where shorts will take
positions and longs will sell- off. TAP has sales and consumer loyalty in its brands. It is
free of the controversies that had bogged BUD down. I see this as an opportunity to get a
decent stock at a discount. My target is 62 at the half way point has designated by the fib tool.
TXRH a western theme restuarant stock LONGTXRH is here on a weekly chart with a linear regression line overlaid along with a Keltner
Channel indicator. Below the chart is the Chop Zone indicator. TXRH has been in a trend up
for more than six months. There were corrections in January and April. I conld suppose
another correction may occur in July whne trading volumes are lower for the summer.
In the meanwhile < I see TXRH as a good long trade until the anticipated July pullback or
the chop zone signal falls into the chop zone. TXRH is at an all time high. Typically it may not
be the best place to take a long trade but in this case I believe that the momentum will
persist and the trade will be quite profitable.