bcstonecipher

bcstonecipher Updated 

CAREFULLY using SLV calls to be on upside here. Shares of SLV might be a better bet; however, if you choose calls, expect volatility. In my opinion, it will be somewhat volatile until before reaching the target -- if it does.

bcstonecipher Updated 

Holding support. Solid dividend as rates are being cut. People will lock these % in ( given the belief rates will be cut as quickly as the market expects-- with that in mind be careful with dividend names. They're highly dependent on rates- why own 5% dividend yield when 6 mo bonds were yielding the same? )

bcstonecipher Updated 

Forming Cup and Handle, breaking out of BB, MACD turning positive, RSI crossover. While there are multiple reasons for a pull-back, this could be a breakout. Will hold a long position until I think otherwise; T has been beaten up without redemption.

bcstonecipher Updated 

Ah, the QQQ. Why's it up here? No one knows. Looking at earnings : price ratio and adjusting for inflation, we are far overvalued. Sure, we can keep going, but odds say we need a pullback. Break 400, it could be decent. If we hold 400 and rebound to 408 surpassing that back into 410, be ready to close shorts dependent on your risk-tolerance. MACD turning...

bcstonecipher

It's been too long, go short, no pun intended. Rates aren't coming down until something blows up & that may already be happening.

bcstonecipher

At this point, awaiting higher volume and some confirmation XLM can break out. Otherwise, this has been an unfortunately lackluster rally with XLM. Here's to hoping.

bcstonecipher Updated 

Looks like an ABC pattern in the making. Will be short here if it breaks below ~43800

bcstonecipher

Short shares of NKE - earnings soon. I don't expect them to be positive, personally. COVER BEFORE EARNININGS unless you are looking for a gamble. Depending on risk : Set a stop-loss around 101.72 to 107.05 Take profits around 88.05 - 80.63 -- Be wary of the trendline; it could bounce off, so if you're looking to manage the trade, that is what you'd want to...

bcstonecipher Updated 

Ah, once again I'll try with this name. If it can break and hold that historical support/resistance area, then it should definitely rally, at least to a point, this time. ...should

bcstonecipher Updated 

The bull flag has played out and now BTC lies with a few more levels to pass until there is likely an inevitable pop to the upside. The long trend channels are serving as resistance along with the previous top of April. Still long, good luck to all.

bcstonecipher Updated 

On a few terms, SHIB looks bullish. However, momentum seems to be slowing. If that continues, it'll retrace easily and wait for another day of momentum.

bcstonecipher Updated 

QQQ looks to be in the process of properly breaking its uptrend. If downside comes, I would expect heavy retracement as that would seem to be the market's feeling of this morning's CPI data.

bcstonecipher

Besides the obvious geopolitics, war is never-ending. If this one ends, a new will begin. The logic is similar to my MET position. These are safety names that investors may flock to if rates are lowered in an uncertain economy.

bcstonecipher

Amazing company, and in times of uncertainty, one thing is certain. These healthcare providers are not leaving. These could be names that excel in 2024. If rates are cut substantially, it is natural for people to flock back into the stock market. While dividend games will get a lot of the love, if the economy is at all uncertain (which I think it inarguably is),...

bcstonecipher

Love their fundamentals. In my opinion, a sad chart due to it being a company easily forgotten. Financially they're solid and I'd be happy to hold long-term. However, an inverse head and shoulders shows a short-term opportunity for a long.

bcstonecipher

With Crypto in a heavy bull-market in 2021 we saw, what was expected by many, in 2022. However, the clear recovery in 2023 shows how bullish this year was overall. What's to come for 2024?

bcstonecipher

Never can predict, but I think this is it for the market. Maybe a boring week, maybe a chaotic one. However, a move is coming, whether it be a breakout from ATH, a massive pullback afterward, or just a simple rejection. Whether your personal view, be cautious!

bcstonecipher Updated 

Going long based on the cup and handle. If it breaks out of the pattern, I'll assess from there; especially since the upside is limited by the Fibonacci level.