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 →
Making 45% Annually Trading Options Against Dividend Growth Stocks
Archive for 2023
Morons dumping and chasing the market
The longer I am in the markets the more disgusted about the stupidity of the morons trading and investing out there I am. Recently, the markets were weak and it seems they are rolling over, but the overall narrative from the media was that “investors were selling awaiting big tech earnings.” Or similar nonsensical crap. 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 →
Soft landing or recession?
Here we go again. Retail investors and even some bigger players are again afraid of inflation, recession, and ghosts. Media are digging out bears and recycling their stories and narratives, such as Mike Wilson from Morgan Stanley, who has been notoriously predicting a 50% (now only 20%) crash since 2009. Yes, he was right in Continue reading →
Technical view: Medical Properties Trust, Inc. (MPW)
MPW is in stage #4. The company recently started fighting back against one of the biggest short sellers. That caused the stock to bounce two weeks ago. But the company still faces strong headwinds as the interest rates rise fast and hospital owners are weak. It is ironic that MPW is one of the Continue reading →
Technical view: Main Street Capital Corporation (MAIN)
MAIN is morphing back to stage #2. The stock seems to be performing well and offers a good buying opportunity. It pays dividends monthly. However, fundamentally, the stock seems to be providing grim data which may have an impact on the stock growth. MAIN was offering great dividends and small growth matching the index Continue reading →
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