Once again the market’s participants are freaking out about known issue that is probably no issue at all anymore. No one knows what is going on. The Media are trying to explain to us who pooped first but in the end, they are as clueless as everybody else. And the market circus continues. In the Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
Technical view: Restaurant Brands International Inc. (QSR)
QSR is in stage #2. This could become another Texas Roadhouse restaurant if done correctly. Patrick Doyle is a great CEO and has a very good track record of turning struggling businesses around and making them profitable. I think this could be another opportunity to make this a great investment although the stock is Continue reading →
Airbnb (ABNB) drops 12% AH
Market participants exercise their idiocy once again. Airbnb, Inc. (ABNB) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to a loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of Continue reading →
Technical view: Alphabet Inc. (GOOGL)
GOOGL is in stage #2. and extremely undervalued. The stock is recovering from the recent bear market very fast. It reached its intermediate resistance, but it seems to have the momentum to breach it. Despite all bearish talks, GOOGLE is improving its finances, and cutting costs, and that is what investors like. It will Continue reading →
Why bears will get hammered even more
Market bears are bearish as never before. It is stunning. But unfortunately, they are on the wrong side of the market. Their asses will get kicked badly as we are recovering from a recession. I say “recovering” because we were in a recession already. But the bears failed to recognize it, and they expect it Continue reading →
Bears are getting their asses kicked, and it will get worse for them
Amazon (AMZN) reported earnings, and the stock soared more than 7% AH. That will obliterate the bears more as the stock will spur upward pressure in tomorrow’s open market. The GDP report and economy indicate that there will be no recession. Some market analysts, like Ed Yardeni, even think that we actually already had a Continue reading →
Crocs (CROX) reported earnings, beat, but dropped more than 17%
CROX beat the estimates but provided weak outlook for the next quarter. Morons rushed to sell everything, including their house, wives, kids, dogs, and CROX. The stock dropped over 17% (as of now), and it was down more than 21% this morning. It amazes me how stupid the market is (or market participants). A CEO Continue reading →
The bull market is still intact
The bull market that started on October 2022 is still intact. It may change, but it hasn’t changed yet. The bond market still continues to show a bullish setup and so far, it is wrong to be on the bearish side. A soft landing is still a strong possibility. The investors are still extremely bearish. Continue reading →
Technical view: Jackson Financial Inc. (JXN)
JXN is in stage #2. The stock bounced at 200-day MA support. The recovery from the recent “banking crisis” selloff continues. The price is “hugging” the 200-day MA and the upward-moving trend line. At the current level, the stock is extremely undervalued, but it may take several years before we see the stock reach Continue reading →
Technical view: Nuvei Corporation (NVEI)
NVEI is in stage #2. NVEI is my new addition to the portfolio. I was resisting investing in fintech companies as I couldn’t find any diversified enough to give me the comfort of not investing in companies exposed to cryptocurrency only. It is a purely speculative trade. I plan on holding this and selling Continue reading →
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