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 →
Making 45% Annually Trading Options Against Dividend Growth Stocks
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 →
Technical view: Amazon (AMZN)
AMZN is in stage #1. There is still a buy signal for this stock, but the trend stalled. At least we are not going down anymore, again, at least not now. But the weekly chart just flashed a strong buy signal. Let’s see if it holds. The trend may soon morph into stage #2. Continue reading →
03.22.2023 – WEDNESDAY MARKET OUTLOOK
So the FED did exactly what everyone expected, yet the market sold off hard (over 1.5%) at the end of the session. The whole day was flat until Powell spoke and revealed to be less hawkish. But then he mentioned that the fight to mute inflation is not over (wishful thinking as banks will Continue reading →
Technical view: Ares Capital Corporation (ARCC)
ARCC is in stage #4. The stock appears to be consolidating and it could eventually bounce but the trend is weak, and we still have a strong sell signal. The weekly chart is trendless with no signal, but it indicates that there may be no more selling, at least for now. The Continue reading →
03.20.2023 – MONDAY MARKET OUTLOOK
The banking crisis seems to be calming down. FED may potentially pause the interest hikes so as not to cause further damage because for years the FED was telling everybody that the interest rates will stay low for a long time… so buying long-term Treasuries didn’t look like a risky idea. Everybody did it, Continue reading →
Technical view: Trinity Capital Inc. (TRIN)
TRIN is in stage #2, but the recent SVB trouble may be spilling into this stock as well. That may send this stock into a further downward spiral and change the stage back to #4. TRIN invests in startups too and may be in financial stress the same way as SVB is. If the Continue reading →
03.15.2023 – WEDNESDAY MARKET OUTLOOK
What was good yesterday turned sour today. The browny (shit) show continues. This time send your thanks to Credit Suisse… The VIX futures term is turning negative, which means more and more investors are hedging for more selloffs. The markets sold off hard today. It was down over 1.5% the entire day, and it Continue reading →
03.14.2023 – TUESDAY MARKET OUTLOOK
All is good… Inflation went down well, sort of. It went up but at the slowest pace since January 2021… The government bailed out the crumbling banks… People got pissed off that the irresponsible managers got away with it again… The FED may actually start cutting the rates now… And the pastures are green Continue reading →
03.13.2023 – MONDAY MARKET OUTLOOK
Wow, what a week. The FED was playing with fire and broke the toy. Something economists like Warton professor Jeremy Siegel have been warning about since half of 2022, saying that the FED is wrong and tightening too much looking at the wrong data, which will backfire. Fast forward, and the banking system, the Continue reading →
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