RedHotStocks

RedHotStocks

AMAZON is exactly the type of stock you should be looking for a entry into on any pullback. It is one of the greatest companies on earth and that will change anytime soon. Any market which the enter the tend to eventually dominate and revolutionize, we are with them on that journey long term and think it is only a matter of weeks before we see a ALL TIME HIGH.

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Google and Apple what a nightmare for the conventional gaming stocks to hear that those 2 were entering into your market place. Both these companies have ready made customer lists already tied into their eco system through GMAIL, Youtube and IOS, it is very hard to see how they will not be disruptive in this sector.

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It has been a amazing few days for QCOM investors whom in fairness have had a difficult few years. This dispute with APPLE has been a dark cloud hanging over them and fear has kept new investor money away. After all it was Apple in the fight, not David V Goliath but close. Qualcomm will be at the center of the 5G revolution but we will not be joining them yet, we...

RedHotStocks

Abbotts quite simply does not miss earnings, a fantastic company and fantastic product in the ever increasing market of Diabetes treatment. Despite this we see a little stagnant price action lately and a pullback is quite possible.

RedHotStocks

Google has started to look really strong in the last few weeks. Buying volume has increased and all indicators are pointing to gain in the near term. We have a conservative price target of $1300 on the stock which we believe is very much undervalued. The diversification in the company makes it much more bullet proof than other BIG TECH.

RedHotStocks

Yesterdays enforcement by the FDA for BSX to remove one of its products from the market is a significant blow to BSX and has sent investors running scared. Fears from legal actions by clients are a definite and real possibility which will send the price into further correction in out opinion.

RedHotStocks Updated 

Since the 2nd April we have been trading several trend-lines at different times,, when we put them all on the chart we see a convergence of those lines which will bring about a sizable move in BTC over the next 24 hours. We do favor a upward break as per indicators, but will be ready either way.

RedHotStocks

Sit tight while EOS retraces before completing sub-wave 5 off overall wave 3. We see no real damage ahead with the possible retrace targets close to $5.1 to $4.7. Like all Crypto this is very much dependent on the movement of BTC. If you are not in just wait for the retrace to complete of for a break above $6.1. No need to rush it a long way back to $23.

RedHotStocks

Zoya Group Holdings name has been at the center of takeover speculation for the last few days. This could be a very rewarding speculative trade but the word "speculative" is a perfect description fro such a trade.

RedHotStocks

Las Vegas Sands report earnings on the 17th April and whispers are that it will be a beat. We are not going long into this strength as the stock has already had a very impressive run. We are hoping for a pullback after a initial pop to meet the golden pocket resistance.

RedHotStocks

Waste Management has attracted attention recently but it may not be time for an investment in the name. Recent news regarding the acquisition of a competitor has made it more desirable but we will wait on the sidelines for a pullback that is due. Indicators have turned negative which can not be ignored.

RedHotStocks

Apple has proven many of the haters wrong in the last 4 months, media, investor and analysts doubted product, management, philosophy and future prospects. Here we are again at the $200 level and it may be time for a little pullback to gain some strength to break out of the golden pocket fib level. We remain long and think this is a stock to hold long term for...

RedHotStocks

Copper above all else is the best gauge for the future prospects of the economy. Highly dependent on developing nations and stimulus within the Chinese economy, we see the price as much more important to that of oil. What is of great interest is to how the price of copper was warning in 2018 that harder times were ahead. The euphoria within the equities market in...

RedHotStocks

Sometimes we get to hung up on the short term, this is the greatest difference between investing and trading. Investors look long term into the future months and years not hours. We may be overly optimist but about the future but we must take into account the need for the market and the economy progress in election year for Mr Trump.

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Technically it is hard to be positive prior to UAL earnings report after the close. The chart has negative signal throughput, gaps needs filled, possible H&S formation, well defined downtrend resistance and a very defined drop on the Chaikin Money Flow. As a sector the transports have lagged the market and UAL looks like a definite short for us, with a stop lose...

RedHotStocks

USDJPY is struggling to advance currently approaching downtrend resistance and indicators are negative, so expect a little pullback. If the Inverse H&S is correct the pullback should be to the neckline before advancing to complete subwave 3 of the 5. The BB are also close to pinching the price resulting in what we hope will be upward momentum in the longer term.

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ANOTHER WEEK HAS PASSED BUT NOTHING HAS REALLY CHANGED, WE ARE STILL STUCK IN NO MANS LAND BETWEEN RESISTANCE AND SUPPORT. UNTIL THIS CHANGES WE REMAIN LONG AND WILL ADD ON BREAK OF RESISTANCE OR WILL SELL ON BREAK OF SUPPORT. $290 AND $260 ARE KEY NUMBERS FOR OUR ALERTS AND REMEMBER THERE IS LOADS OF ROOM TO DROP BUT EVEN MORE ROOM TO RUN UP, SO THIS IS NOT THE...

RedHotStocks

The news that APPLE is entering the gaming market is not what a already fragile EA ARTS needed. Less than impressive earnings and growth was strike 1, Google was strike number 2, now APPLE is strike 3 and out. We can onle see this as a short trade unless things change drastically.