I've been monitoring this stock for sometime now. Definitely a worthwhile look as this company has been on a downslide since its ATH of $145 back in Mar '06. This means a weekly downtrend slide of over 720 WEEKS! I mean that's pretty negative sentiment. For the upside, the company has made some fundamental changes that have given it a good push from its ATL of...
It is looking currently like we are in a scenario that with a quick running inflation period possibly looming, and markets being considered for a 20% dive, the tankers might be a nice soft spot to land. Oil went through a negative contango, as well as a massive over-profit for spot charters. Currently TNK is sitting about 47% off of the highs from 2020, and...
In following this alt-coin (small positions since 2017), I see that we are on the cusp of a possible breakout. Following other de-fi like ETH, we are coming up on the all-time high of around 360. If we can break above, I see the progression moving to around 400 within the course of this month, otherwise, a possible return to the next breakdown level around 280 or...
Always attempt to be 100% honest on my predictions, failures, and wins Picked up this position yesterday (6/22) on the market open at 17.31. I took the position after seeing a 40%+ correction over a 3-day period, June 8th - June 11th; another 18% correction took place June 16th, followed by one more correction of 15% on June 19th. Given that June has seen some...
I have been eagerly watching this one. ResMed develops, manufactures, distributes, and markets medical devices and cloud-based software solutions that diagnose, treat, and manage respiratory disorders comprising sleep disordered breathing, chronic obstructive pulmonary disease, neuromuscular disease, and other chronic diseases. The company operates through two...
For people interested in good opportunities to sit on companies that provide strong dividends Q v Q, have a look at CBRL. Here are some really strong merits to the company, vs industry standard: D/E: 1.46 Ind: 1.05 P/E: 33 Ind: 33 ------> VERY IMPORTANT FACTOR CASH FLOW ($/share): 13.77 Ind: 1.81 (the company is...
As I had predicted based on the Stochastics on Sunday, DHT had been fairly overbought (above 80). We are currently moving into a more middle ground going into the earnings. Look to DCD or buy in somewhere here. Yes there are certainly things that have stepped in additionally, with the oil news surplus (Meanwhile, the build-up in inventories was less than...
If you are to look at this chart, it will show you the volume, stochastic, RSI, and commodity. All indicators point to us continue to trip down as the D line is still above 80 (overbought). We might say low 7's this week. This downturn will bring the D-line into middle territory (50's) until the earnings, which will be posting approximately on May 13th. ...
Meaningful data is hard to find, but in all reality, there are some really good short-term opportunities here. With the first price war concluded between Russia and OPEC, we are seeing that the cutbacks inevitably were not enough. The timeline was as follows: 2.4.2020 - Trump speaks to a "deal that he has brokered between Russia and OPEC for cuts of between...
Here we can see that the VIXY on a micro-scale provided the typical H & S trading part, relative to the more volatile TVIX. Looking for any indication of this coming this week.. NFP (non-farm payroll) were down massive; unemployment numbers were about 30% higher than anticipated; OPEC supposed to have a meeting Monday. I am still awaiting for the reality to set in...
My positions are still between 49,44,35. Watch for the 37 - 41 band to flush in the next 10 - 14 days. I believe that with more news forthcoming on the oil, and additional numbers not truly baked in for the unemployment and payroll, we will see a pop to the volatility. Unemployment numbers were estimated 4.1 to be 5million; they came in north of 6.6. Tomorrow, 4.2...
As I only have been following the VIXY for the past 2 weeks, I believe it will obviously indicate a multitude of factors, all of which include: - financial stability - virus impact - speculation I would love to hear inputs from others on what might be happening, as I believe that this ETF will not trade under the 30s for sometime, and will fluctuate based on the...