I remember when this company had a Super Bowl commercial. I remember its IPO. I am also familiar with its platform, which I still use to this day and was surprised to see how far its fallen. Can it ever make a come back? A few things stand out to me: The company has cleared its debt, a significant move that shifts its financial landscape from leveraged to...
Over the past year, Verizon and AT&T, two of the largest telecommunications giants, have seen their stock prices go lower... and lower... and lower. This decline has been notable, catching the attention of not only markets in general, but the telecom sector as a whole and bellwether dividend investors. The downward trend is especially notable when you consider...
This chart is rather straight forward, and simple. Why? It was created to show one thing and only one thing: a double top pattern has emerged on the chart of the S&P 500 SPY ETF, indicating a potential resistance level. Double tops are widely known as they illustrate two points of supply, meaning more sellers than buyers. One way to think about this pattern is...
Ah yes... I remember the good ol' days of Square (now known as Block). It was one my best investments in my short career as a trader/investor. Way back when, the story was quite obvious: they had created the best solution for small businesses to sell goods & services either in a store or online. It was fast and effortless. The rise of Block, and subsequent drop,...
Bandwidth (BAND) is my favorite AI play right now. The chart looks really bad! I get it. Today, it trades for below even its IPO price. But the reason why I think it's an AI play ready to double, possibly triple, is a fundamental reason that I'll explain in this post. First of all, let me state something very interesting about Bandwidth - today it's one of the...
I am so impressed that the Nasdaq-100 is up over 30% heading into the holiday months. Also, there are so many headwinds blowing at it. I don't anyone saw this happening! Most people I know are bearish. A very smart investor I know says "Pessimists sound smart, but optimists make money." Whether it's rising rates or volatile tweets, it appears to be a challenging...
Financial markets prove people wrong over and over. I guess that's the point - trick as many people as possible into taking their money. For example, investing in Treasury Bonds has always been seen as a relatively safe & stable way to grow wealth. Some people have found that ETFs in Treasuries offer that. Well, the chart above sort of changes that...
Invitation Homes NYSE:INVH presents a fascinating and somewhat enigmatic story within financial markets - especially as a stock that can be traded. I personally, am quite bearish and think its crash would benefit countless home buyers across the country. Let me explain... Founded by Blackstone, this company has evolved into the largest single-owner entity of...
Investing in beaten-down stocks can be a tempting prospect, as these stocks often come with the allure of potentially high returns at a discounted price. However, it's essential to be aware of the risks associated with such investments. Beaten-down stocks typically belong to companies facing significant challenges, whether it's poor financial performance,...
This chart shows the 30-year mortgage rate. How important is this chart? Why does it matter? Well, to people like me, potential new home buyers, it's hard to overstate just how important this chart is. I have to understand it. If you already have a home at a low interest rate, congrats! Lucky you. But for those searching the market, it's time to pay close...
One seemingly unassuming asset holds a tremendous sway over EVERYTHING: yield on the 10-year US Treasury bond. Often referred to as the "risk-free rate," as it rises, a domino effect is set in motion, triggering adjustments in mortgage rates, credit card interest rates, lending rates, and the valuation of growth stocks. That's why I'm saying this is the most...
Someone once told me: "always have a few limit orders, in the background, at prices you don't think you'll ever see." The point of this message is that, every once in a while, a flash crash, drop or panic does indeed hit the market. And if you have a few orders running in the background, you may get lucky. Remember, these are not 1% drop orders. These are 10%...
This Apple trendline break is textbook in so many ways. First of all, it's always interesting to see how and when trendlines work. No tools in technical analysis are perfect, and they're often used for probabilities and planning, but when they do work, it's a beautiful thing to watch. Apple, for example, since the start of the year has followed the trendline...
I've detected the "WTF Animal" is that pattern in NVIDIA. Is it a dinosaur? A dog? An elephant? Something from out of this world? The "WTF Animal" is that pattern has been around for years now, but only now am I just sharing it. The animal I see is a dinosaur, but I also see how it could be a llama or a gazelle of sorts. Perhaps I need to draw it again. I...
Like many here, I read a lot about the PGA Tour merger with LIV. There was a lot of controversy around that. In general, it's interesting to see how easily Saudi Arabia turned a huge investment in a handful of golfers into a minority stake in the the entire PGA Tour. Will they try the NBA next?! Or NFL!? It's worth thinking about. But also, this is TradingView, so...
Here's a chart and idea about the AMEX:ARKK ETF founded by Cathie Wood. Like many, this was one of the most popular ETFs in existence back in 2020 and 2021. For the last 12 months it's been in free fall. The innovation ETF! It invests in growing tech and emerging companies. In the good times, this was the ETF to have. In the slow times, when capital is more...
Few charts can explain the euphoria and panic of markets more than this chart of Zoom. We've also used Zoom at least once by now to make a voice and video call. It was the darling after the Covid lockdowns because it was leading the way for remote work. The before and after can be easily seen just by looking at the chart. It was up 900% in a brief period of...
One thing is crystal clear to me, NVIDIA has bounced incredibly well off its 2022 lows, to the tune of nearly 150%! What a trade... I missed it. In addition, check out the double bottom that I marked on the chart. In hindsight, it looks so obvious. It's important to use these long-term charts to learn and get better. Had you zoomed out, you may have seen this...