I just constructed a portfolio for a client who is rich but wants to get richer asap. :D
This is how I allocated the money:
PYPL: 30%
ENPH: 20%
SNOW: 10%
Lyft: 10 %
UI: 10 %
LAZR: 10%
how do you think about the allocation, which one them shall I buy more ?
Not a financial advice
Nominal 10-year Treasury yields have risen to the highest level since 2007. Just when we though the bond sell-off of 2022 was behind us, it came back with a vengeance. Hawkish Federal Open Market Committee (Fed) minutes and a string of positive economic data from the US are casting doubts whether we have reached peak interest rates in the US. The Fed certainly has...
Possible double bottom formed on WHR- confirmed after passing HKEX:160 via volume/3 day rule etc. There is a very high probability that the pattern tests 162 area but also a good chance that it retreats from there. SP currently sitting near 61.8% retrace from 2021 highs to 2020 lows implying a demand zone.
Currently has div yield of 5.17% at a payout ratio of...
Following the impulsive movement up since the March 23rd low, the chart formed an expanding flat which is followed by another smaller expanding flat. The longer the build up, the bigger the potential down the track. Usually a bigger impulse (after the flat) followed by consolidation is more desirable. If you look further back at the market structure, this ticker...
Hello traders, in today's trading session my team and I are monitoring GBPJPY for a potential trade setup.
At the moment GBPJPY has been very bullish, retesting the high on the weekly timeframe - which doubles as a minor buyers territory OR money spot.
Pip Regards, DayBot6.
Agricultural commodities, led by grains rose sharply in 2022. The two main catalysts for the upside in price were the Russia-Ukraine war alongside other supply challenges. There has been a number of cascading events around these two catalysts involving government interventions globally as food prices soared.
However, from mid-October the renewal of the Black Sea...
TESLA unicorn stock for many reasons, it is so unexpectedly volatile based on ownership, innovation, speculation, and fanbase. What we can observe on the daily chart is fresh reversed head-and-shoulders technical figure. For that reason, there are 2 resistances and 1 support at the bottom, with very wide ranges. Reading that chart is based purely on technical and...
its hard to predict what am i predicting now, its somewhat related to speculating, what am i saying is that due to FED's meeting, the market will react negatively and reach around 11520. but far enough who knows what will it be declared in the meeting so far. but i am saying such statement because just because of 'hike news' the market reacted negatively, so if...
Here's a fun speculative chart based on the idea of a macro inverted h&s, followed by macro rising wedge breaking up into the 2024 halving. Idea originally created on 1/26 (beginning of blue path), but not published.
EVs have not been a hot sector as of late.
Largely due to the supply chain crisis, lack of chips, and the fact many are extremely speculative stocks.
However, Tesla does not like to spend time below the 800 for long. The bulls usually come in and fire this stock back upwards.
Expecting a short-term relief rally up to around 870 and likely heading lower again....
Conviction: 3/5
Better to wait until we break above downtrend resistance line, but overall looks strong
seemed to bounce off 100WMA
RSI-W at historical buy points
bounced off (for now) 50% retracement
RISKS
Very expensive relative to historical trend
Conviction: 3/5
Bouncing around channel since end of 2018
RSI-W at oversold levels, although another leg down for bullish divergence is not out of the question
Still relative expensive... especially at a time when investors value value
Conviction: 3/5
Should probably wait for better entry around bottom support (4/5)
General Thesis
Weekly RSI good entry level
Daily RSI bounced off oversold, could still become bullish divergence with a lower low
bounced off near-term (2017) support trend line since inception
Growth
Gross margins (45%) is pretty steady the last few years, at all...
Conviction: 3/5
A confluence of supports (2013, 2014, support level from 2018) hopefully will create a support zone that allows the stork price to move up again.
RSI-W at oversold (and historical bounce) level.
P/S ratio is at historically low while margins and growth still seem pretty strong.
Main risk... history does not capture 2008 recession.
Conviction: 2/5
General Thesis
Daily RSI grazed 30 2 days ago
bounced off short-term trendline since May 2021
will be carried up if crypto bounces,which is looking likely
Growth
Gross margins (90%) is high
Revenue growth high (300%)
Value
P/FCF N/A
P/S below historical average but expensive at 9
Fundamentals & Balance Sheet
low...
It seems like there is a cycle of around 12 months with a margin of error of 1 month when there is the beginning or end of a major move. We are resting on the diagonal dotted white line as well as the bull flag support. We are currently trending down with the bullflag resistance, but one this breaks out it will go out hard. The way I drew the bottom curve was...
