I love being right. A only good bear is a dead bear.
تعليق
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Some Key Discussion Points 05/27/2020:
1. We finally transitioned. Money is moving from Tech stocks to Airliners, Banks, Hotels, and Manufacturers. I'm a big investor in BOEING
2. Boeing is about to do a Weekly MACD Crossover to the upside. What does this mean? When tesla did it,
TESLA CROSSOVER: 680 -> 800
NVIDIA CROSSOVER: $280 -> $360
Disney Just did the weekly crosssover recently
DISNEY TARGET: $128
TLDR: It's Boeings Turn PRICE TARGET: .786 FIB at $287
LUV definitely heading to .786 fib as well.
3. SPY has completed my $300 price target, just 15 days later, so now I learned, my dates i just need to add 15 days.
4. SPY: Spy is now heading to $320 according to my charts. I give it another 15 days. I'll be buying PUTS around that area to hedge myself.
5. Fundamentals don't matter have fun guys, it's all human psychology, Donald Trumps tweets, federal monetary policy.
6. Saudi Arabia made the following purchases:
Carnival @ 7
Disney @ 108
Boeing @ 120
Facebook @ 200
They aren't stupid. They own billions of dollars. I can 100% say they have insider trading, high level analytics, and confidence. This is definitely the bottom and will be seeing all time highs. TLDR: When a saudi buys, you fucking buy
7. The new senate bill will be looking at extending unemployment benefits till December.
These people make more than they earn at the moment.
Loan Forgiveness on student loans: Are you kidding me? $10,000 off my 20,000 student Loan? Im going to the bank tomorrow and borrow $10,000 at 5% interest.
Just buy the dip dude
8. New company MARK, heading to AMD jizztastic levels. I estimate $15 by July. I have a big holding in this one.
A 20k investment in March while they were releasing their infrared tech would have netted you 240k. Buy 1000 shares and forget about it in a year
@alecphant,Thanks,keep being right.was able to catch that flight.
RobFlorio
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are we over bought and pull back then up or continue higher from here??
RobFlorio
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amd $15 up by july? or $15 new low?
mak33139
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Great work, Thanks for the effort :)
nancybtee
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thanks for this! super new to trading options and bought a call for it last week made some good profit today, but sold it before it increased to 170$. Trying to see if it's worth waiting for a dip to get back in.
alecphant
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@nancybtee, no dip is coming, the train is leaving. or should i say plane. i've been waiting for this moment
@alecphant, you dont think it will retest a prior support level before continuing to climb higher?
RobFlorio
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@miguelsique, right? maybe but iv seen stocks keep it up even though its over bought. if markets all go up ba will too. buy dips everyday is works so far... waiting for close to see how strong it stays
''@alecphant, you dont think it will retest a prior support level before continuing to climb higher?''