The oil market seems to be shrugging off the omi-cron fear trade. This is for good reason with OPEC+ cartel causing a spike in fear. The possibility of war whether it be Taiwan or Ukraine. The market LOVES the idea of a war.
Catalyst #1) Satellite images show Russia still building up forces near Ukraine - Reuters
Catalyst #2) US and Japan draw up joint military...
Bitcoin validated 3x that it does not like $50-51k. The only bull case for bitcoin is an Elon Musk pump and speculation leading into super bowl weekend. According to Cointelegraph "Crypto exchange platforms Crypto.com and FTX will run advertising commercials during Super Bowl LVI on Feb. 13. Both exchanges have been working tirelessly to establish their brands and...
NASDAQ:ADBE thinking $572 with a broad market rally could take this to $578+ // bear scenario we validate downtrend and lose 567 with room to fill gap $560/558
NYSE:LOW has been getting positive coverage from analysts. The announcement from Nike suggesting supply chain disruptions are easing also gave $LOW a boost. Lowe’s has a ex. Dividend date of 1/18/22 and pays out on 2/2/22 $0.80 - Street insider. This should also attract more institutional investors if the market continues to be risk on.
Due to omicron fear mongering campaign. The mainstream media is floating out this narrative that demand is slowing down. What we could see is a temporary bottom in the event Russia invades Ukraine. According to SkyNews article, "Russia-Ukraine tensions: Most signs point to Putin having a plan to invade - but could he be made to think twice?"
The World Health...
I am thinking $30 for a long term hold in IRA. There seems to be a lot of hype around Spider-Man and I personally went to the movies to watch it. It felt good seeing a packed movie theater again.