The trend is clear as well as undervaluation.
The way SPX traded today I believe TVIX is ready for $6+ again!
looks like it's going for a bull trap mode before the crash.
Looks like it will go up to 106 resistance. Bad for gold.
Looks like descending triangle and it's waiting to brake down?
I think this is a great opportunity to short BAC.
The company is bleeding money. The new Zen CPUs are just part of the hype until proven by real customers.
U.S is in deep debt at $20 trillion and seems impossible to back them back. Might go default. I think when the next debt cycle comes which I think its soon we could see SPX and Dow Jones dip over 50%-60%.
SunPower manufactures the most efficient solar panels in the world and being used by thousands of installers. The company also said to be positive cash flow in 2017 and expect revenues of $2.1 billion to $2.7 billion. With the current market cap of $900 million, SunPower is the most undervalued solar company in the stock market today imo.
Dollar is still strong. We could see another opportunity. We could see $14s again.
I'm long and will continue to add.
Come back to me end of next year.