APPLE HAS EXTENDED BEYOND THE LINEAR REGRESSION WEEKLY UPPER BAND BY 12%, highly over bought.. ALL THING THAT GO UP , MUST COME DOWN. APPLE CONSTITUTES 20% OF THE SPY BASED ON MARKET WEIGHT, INDIFFERENT TO ITS SALES AND EARNING, IT WILL, AN CAN BE DRAGGED DOWN BY THE MARKETS INERTIA. I EXPECT WEAK CHINA IPHONE SALES IN 1Q 2020, AND A PRICE TARGET OF $202...
LINEAR REGRESSION INDICATES QQQ TOUCHING THE TH UPPER BAND ON THE WEEKLY VIEW . A CORRECTION IS IMMINENT WITHIN 1Q 2020. IN THE REGRESSION MODEL AS WELL FIBONACCI, WE ARE LIKELY TO SEE A NICE PULL BACK TO 200-199 LEVEL, AND IF IT BREAK THAT VALUE, THE SLIDE CAN CONTINUE TO 183-181 LEVEL. NO RECESSION IN UNLESS... THE LOWER BAND LEVELS IS COMPLETELY...
Linear regression analysis clearly shows upper-band touching for SPY. This look eerily familiar to 2017-2018 transition opening yr. I anticipate a 283 regresssion and potentially a 273 leve l if, geopolitics become skewed, ie. IRAN and other conflicts.. no to mention China, not signing on the "truce" not a true phase 1 deal. cheers
Elliott hedge fund placed a bet the T is worth $60, probably is but its a legacy carrier, with 170BBBBBillion in debt. they bought content, and got in debt, to complete against NetFlix , Disney and the like. Its a great stock paying 5.36% in dividend yield, for all those fix income seeking steady cash flow, but I dont think it can withstand a down turn in the...
weekly data, regression analysis hit upper band, major candle stick wick.. blow that candle out! due to offering 8 million new shares diluting value. FIB can retrace back to $2.5 if we arent careful, already did a month ago . On the medical side the product does have staying power, just a matter of selling it, expensive price tag though. 1st in class As per...
Downward weekly trend, Started Sept 3rd, its gonna get worst on Sept 18th, after the FED speech and shattered expectation of a deep rate cut. Cheers. Happy trading!
College back in session time light up the bong, Opioids gonna be harder to get, CBD on the rise. Pattern consistent with past. Weekly data points touching lower linear regression band, opportunity? I think so... MJ immune to trade war, not on Chinese radar. Cheers! Happy Trading