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Posted by Martin March 22, 2023

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 →

Posted by Martin March 18, 2023

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 →

Posted by Martin March 01, 2023

Technical view: T-Mobile US, Inc. (TMUS)

  TMUS is in stage #3. The stock struggles to break above its all-time high at 155 a share. It bounced off of it and falls lower. The trend is still intact but already vulnerable. On the weekly chart, we are seeing a V-shape recovery from 2022 lows, but it may also turn into a Continue reading →

Posted by Martin February 28, 2023

Stocks additions to the watchlist (JXN, CVS)

Our strategy is to be accumulating assets and then monetize those positions by selling options around them. We are constantly looking for good quality stocks that pay dividends (but also growth stocks), have decent dividends that are safe and growing, and can be optionable. And that is why we are adding two new stocks to Continue reading →

Posted by Martin February 22, 2023

Technical view: PayPal Holdings, Inc. (PYPL)

  PayPal PYPL is still in stage #4. It was morphing into stage #1 but failed and resumed its downtrend. It is trading below its 2025 fair value providing an opportunity for 8% annualized growth at the current price. The price action speaks for a probability of a further decline so if you are interested Continue reading →

Posted by Martin February 19, 2023

META privacy abuse for $11.99 a month

META just announced that they will roll in a new feature “Meta Verified”, which will let users verify their accounts using a government ID and get a blue badge. So, let me think about it. META, known for horrible and unscrupulous privacy abuse, will now get their hands on my government-issued ID and I will Continue reading →

Posted by Martin February 15, 2023

Technical view: Netflix, Inc. (NFLX)

  NFLX is in stage #2. Netflix continues moving higher despite naysayers who think the stock is doomed because of the subscription sharing limitations and them canceling their subscription. But investors do not see it as a problem, at least not now. I expect the stock to reach 200-day MA on a weekly chart at Continue reading →

Posted by Martin February 01, 2023

Technical view: Icahn Enterprises L.P. (IEP)

  IEP is in stage #2. The stock started declining as is typical but then reversed, possibly on the news that Carl Icahn reached the deal with Crown Holdings to add the activist investor’s members to the Crown’s board. The weekly chart shows a sideways pattern.     The company’s revenue is erratic but improving Continue reading →

Posted by Martin January 25, 2023

Technical view: Occidental Petroleum Corporation (OXY)

  OXY is in stage #3. It bounced off its support at $62 a share and now going higher. It is also sitting at the 50-day MA support (on the daily and weekly chart). It may continue going higher until $73 level again.       Based on the valuation of the company trading significantly Continue reading →

Posted by Martin January 18, 2023

Technical view: Ford Motor Company (F)

  F is in stage #4. The stock reached the previous lows at around $10.94 and picked up from there. Although it managed to rally to 200-day MA, it is still in a downtrend. With the current negative trend in the auto industry and low customer demand, the stock will probably go lower again. The Continue reading →