Fundamentals: I am not relying on fundamental analysis for this stock, but only technical analysis. Technicals: Daily: Inverse Head and Shoulders pattern Stage 3 uRd Weekly: uRd
Fundamentals: For the first two quarters, the earnings are projected to be terrible, but in the 3rd quarter, there will be a revival. I am in early because I have a signal on the daily. Technicals: Daily shallow 5EMAs pb strategy ADX tredny uRd Engulfing with good volume Weekly: Weekly new stage 3. Comment: If it retraces to 16ish, then that would have...
Fundamentals: The Google-Gitlab partnership improved the fundamentals of this company. Earnings and sales are growing. This stock IPOed two years ago. A growing amount of funds are accumulating this stock. Forecasted earnings were lowered for 2025, but still positive. I cannot gauge the EPS growth yet because the stock is still too new. However, A quality funds...
Fundamentals: - Xerox on March 2024 offered $50 million of 3.75% in Convertible Senior Notes due in 2030. - I guess Xerox is getting into 3D printing and they are trying to "RE-INVENT" themselves. They have a heavy amount of cashflow. However, SMCI (Super Micro Computer) is a competitor and SMCI is booming as a leader in its industry. - Xerox currently pays a...
Fundamentals: Its accumulation/distribution days have been terrible. Its company sponsorship rating is mediocre. However, its forward guidance is better than expected. Earnings were not as phenomenal as last quarter, but next quarter's earnings will be better. ....and price is struggling off the not-so-phenomenal earnings. Technicals: 3 week tight range Fake...
Technicals: Bracing for a 4% to 10% market correction but with an end the year close to 6000 on the SPX500. I speculate that this correction will last up to three months. Then, a rise up to about 6000 by the end of the year of 2025. The buy zones are 2.5% to 4% deep from the all-time highs, and 9% to 10% deep from the all-time highs. The S&P500 is currently...
Fundamentals: If the NFP numbers explode up on Friday, then that means that the FED might have to increase rates, putting pressure on US companies' earnings. This may cause META to topple a bit before earnings. If not, then the same rate for longer. It is the first Friday of the week. Sales have accelerated in META and earnings are above 20% q/q. However, its...
Fundamentals: SIMPLIFY VOLATILITY PREMIUM ETF (SVOL) tries to minimize volatility with maximizing dividend income. It is an alternative investment that does not correlate with market drops, but attempts to capture profits from volatility in the VIX. SVOL does not hold stocks and does not use a covered called strategy to generate its dividend yield. This fund...
Fundamentals: This is still a newbie stock. It might develop into a super stock. Accelerating sales. Booming earning. Positive forward outlook from the management. Earnings stability is a little wild and company sponsorship is fresh and growing. This company has a positive cashflow. Overall, it is a good company to buy and hold. It doesn't pay a dividend. This is...
Fundamentals: New CEO William Brown Forward guidance for 2024 is positive. Sales are moving forward in a positive trajectory. It is not a super stock, but a cash flowed dividend payer. Possible recover in the balance sheet of 3M since 2021. Technicals: Quarterly 3M has falling 50% from 2021 highs and has reached a critical quarterly support area. Quarterly...
Fundamentals: Eagle Point Income Company is not a super stock, but a solid dividend payer. The dividend seems stable and the outlook of the company is stable. Technicals: Weekly: Weekly Triangle breakout on top of horizontal support test from Feb. 2023's high. Stage 3 ichimoku crown trend (strategy 3). ADX trending MACD and MACD Ichimoku up Daily: breakout
Thesis: Speculators were overly positive regarding NZD's prospects for raising rates. In the end, the RBNZ maintained rates and were dovish. On top of this, China stock market is at peak pessimism with a relief rally currently in play. This should affect both AUD and NZD currencies, but especially, AUD; hence, I am holding out that AUD will strengthen against...
Perception: Despite the recent fall in Google and Apple's shares, I think it is a pullback and a bargain buying opportunity. Technicals: Daily Chart First pullback after all time high reached. RSI at extremes and other indicators. a-b-c completion 61.8% fib retracement zone. No stage 3 bear market in Google Weekly Chart: Weekly chart has not confirmed the...
Fundamentals: Stable growth and growth of funds, but not the perfect stock, but ok. Technicals: 3 Week Tight Area breakout Shallow pb trade w/o volume confirming, but volume may come in later. Channeling up Comment: Expecting a rise to 90 or 100 in 4 months.
Fundamentals : T-Mobile taking the lead with sales and earnings acceleration with growing fund ownership. Technicals : Daily: Recent pullback Flat Base Breakout Heavy volume Fake Crown short squeeze Weekly: 5EMA set-up with ADX in trend and horizontal support
Technicals: Daily ExDiv1 Weekly Fake Crown Forming. Bears to be stopped out at 638.93. Weekly Extreme with uHd Weekly Chikou does not confirm daily double top. There is a high probability for bears to give up at the highs. Weekly Fake Crown in the making: Daily ExDiv1:
The Bank of Turkey will have its policy meeting on November 23, 2023. Whatever the outcome, I expect it to be good for the USD. Therefore, I am long now and will hold this pair through the meeting and beyond.