Yogigolf

Yogigolf Jun 17, 2022

Looking at the trends on TLT I believe we are at the bottom. I have set some rough targets based on the trends, previous resistance and fibs.

Yogigolf Jun 17, 2022

The Fed really just follows the bond market when it comes to their rate hikes. Based on previous history when the 2 year and the 3 month invert the Fed stops hiking rates and potentially starts QE again. At the current trajectory it looks like this could happen by July/August at the current trajectory of this yield curve.

Yogigolf May 19, 2022

While the markets were red across the board the defensive stocks XLP ( consumer staples ) had the worst day which looks like it could be the start of a sector rotation back into growth. As you can see every time the market is crashing correcting or having turbulence XLP outperforms SPY. We were in a large counter trend rally during this correction which looks to...

Yogigolf May 16, 2022

In 2021 $PINS had two looks at being acquired for around $45-51 billion by PayPal and Microsoft. While these deals didn't go through they are still a highly likely likely acquisition target with their larger user base of 440 million. With a $14.5 billion current market cap there is great upside if a future acquisition is even below the previous targets.With the...

Yogigolf May 14, 2022

$LOGI has decent fundamentals with a current PE of 17 and forward PE of 12.5 while they pay a small dividend of 1.5%. As long as their growth continues at the 10-15% range there should be considerable considerable upside on this company. It does look like they could drop to $48 so I personally have only taken a small starter position. If earnings continue to lag...

Yogigolf May 13, 2022

$CRM has strong fundamentals and has currently slightly undercut its bottom trend after overshooting on the previous rally. Along with being at the bottom of its trend at a strong price volume support area I believe this is one of the best secure growth/value plays out there. $CRM has a very sticky customer base and is growing at a rapid rate. While on the surface...

Yogigolf May 13, 2022

$NFLX has taken an enormous drop with the user growth slowing as the market gets more competitive. This has resulted in a major repricing dropping it down to a 17 PE. While I do not foresee them resuming their high user growth in the future they will probably be able to resume a slower user growth trend and potentially surprise the market by increasing the value...

Yogigolf May 13, 2022

$OTEX is a pretty boring but stable company trading near its bottom trend. With a forward PE of 10 and being near its high dividend yield of 2.4% I believe this is a good value play here.

Yogigolf May 13, 2022

With bitcoin looking to bounce and $MSTR trading below its base value in bitcoin I believe it will have a bounce but likely find resistance in the low to mid 300s at the resistance trend line of the downtrend that is forming. Since $MSTR is leveraged up on bitcoin I would expect to see them drop a lot more then Bitcoin. If bitcoin eventually goes low enough its...

Yogigolf May 13, 2022

I have placed the fractal from 1995-1998 over 2016-2022 and there are very strong similarities in the price action. During the majority of the 1990s bull market the nasdaq comp made very aggressive moves up followed by very sharp 20-30% corrections. This is very similar to market we are in now with multiple corrections like this that have happened. With the...

Yogigolf May 11, 2022

Companies like SHOP have been going through a 2000 like bubble pop. The only question is there further down to go? using the nasdaq 2000-2003 fractal we can support the structure is complete or is due for a bounce and one leg lower.

Yogigolf May 11, 2022

As the AMC crash continues after looking at their recent quarter financials I believe we could see $1-2 or lower before year end. AMC is highly unprofitable and burning hundreds of millions every quarter with no sight of profitability in the near future. Their current cash is $1.165 billion from $1.592 the previous quarter, a reduction of $427 million. On top of...

Yogigolf May 11, 2022

Crypto is far is way to frothy and it seems peak euphoria for the time is behind us. Now the slow unwind is beginning which could easily take until 2024. After seeing what happened to etfs like XBI and ARKK testing their double bottom pre 2020 lows this seems like the natural process to clear our the scams and trash. Over the last couple years there has been...

Yogigolf May 11, 2022

Looks like it’s at least going down to price volume profile supports. They are diluting heavily so this can keep the downwards spiral going.

Yogigolf May 10, 2022

$AMT looks like a solid buy here, coming off the bottom trend and 200wma.

Yogigolf May 9, 2022

While their core ad business has had some headwinds those headwinds are already reflected in the companies earnings. At a 15 PE this seems like a great deal for their core ad business which has managed to overcome changes in the past. They projected revenue growth is still 15% per year, so even numbers less then this the current valuation is attractive. This is...

Yogigolf May 9, 2022

Based on this long term trend it looks like QQQ will go back to outperforming SPY. The ratio has come all the way back to the bottom of the channel and is about to test the 200dma. With many undervalued "tech" companies I would expect to see this shift very soon.

Yogigolf May 7, 2022

$CHTR is currently trading at a 16PE and is at the bottom of its trend and supported above the price volume profile. Additionally it has started to show relative strength at these levels getting minor gains while the rest of the market was down the last several days.