forever_green

forever_green

USAC has traded very predictably around its payouts. The predominate reason for this (I think) throughout 2020 and 2021 was the uncertain ground USAC rested upon concerning the sustainability of their 14%-12% yield. There was reasonable fear they could be in breach of their debt covenants, resulting in an immediate suspension of their dividend by creditors to...

forever_green

This chart is a perfect example of how the market is overtly irrational but also simultaneously efficient. The recent Russian debacle and resulting growing concerns of global economic slowdowns (see: return to pre-COVID economics) has all the utilities performing very well for the past couple days while banks have languished (folks are looking for safety and...

forever_green

I'm looking for SO stock price to trend to the red area going into the ex dividend declaration. once that happens we'll likely see a slight decline in the stock short term. a short to $67 is a safeish bet and I'll be taking that trade.

forever_green

USAC stayed down longer than I'd thought but this week was a complete breakout. My options printed very nicely and, since I'm a firm believer in profit taking, I took them. I still think there's further up to go. We may see the mid $18s. The only reason I can think for this sudden change of trajectory was the raising of a price target (the firm's name escapes me)...

forever_green

Holy shit. What was that buy volume on the 8th? It's the largest flow measure in either direction... ever. I haven't looked too far into it but considering that and the slight descending wedge we've entered I think we could be on the way up. Possibly in a big way. I know I've said this before, but this time, I mean it. Promise. my price target is $14. Anything...

forever_green

Pour 2022 In my previous idea I'd said I was halting accumulation to see how SO was going to perform the rest of December. The main driver behind this decision was I didn't want to purchase shares at price levels SO hasn't been able to hold consistently. Basically: Anything above $63 I considered "wait and see". Building on my earlier idea, in 2022 I think this...

forever_green

My last SO idea denoted my overall short-term bearishness in the stock and my downward arrow essentially followed perfectly the support of the down trend. I think this trend is over. So far, the daily candle is showing enormous upward momentum. The last time this happened the stock saw a very sharp appreciation before settling on the mid-$60 range. I think this...

forever_green

USAC's sell-off is nearing a close, in my view. Strong buy time and I'm entering that trade with calls and unit purchases. I'd expect another rise to around $17.50 per unit once the sellers are satiated. It's interesting to see these sparsely traded MLPs rise an fall so predictably.

forever_green

*not investment advice* The short position I entered at the end of last week played out nicely. current volume and price action is (I believe) caused by the closing of short positions and the equity has further sell-off before we reach it's bottom. I'm looking at a bottom near or around the mid-low $15. Anything below that and I'd consider a strong buy.

forever_green

*not investment advise. do at your own risk* With the distributions being so concentrated for USAC it trades very predictably around its payouts. The equity saw a fairly sharp climb to current levels where it's found what I think is it's maximum price for now. Looking at the apparent topping pattern from the past couple days I don't think investors are wanting...

forever_green

*not investment advise. do your own research and invest at your own risk* $SO is presently in a sell-off. I saw this coming (see my previous idea on SO) but the movement's strength and momentum has surprised me. From what I've read, this doesn't appear to be related to anything significant beyond general market selling and a pervasive over-valuation fear that...

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I'm going to express a contrary opinion to most expressed within YouTube, Seeking Alpha, and Trading View Ideas: The S&P500 has much farther to go before we reach the "top." To be clear, this is driven exclusively by monetary policy and debt increases. The 10Y rate has been in a very strong down trajectory since the mid 1980s. This, obviously, has deviances from...

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The midstream "stocks" typically move predictably with their payouts. Energy Transfer is no different and is moving to a strong upside as a payment is expected in October. There's also the considerable catalyst of its acquisition of Enable Midstream Partners which will expand $ET's already extensive pipeline coverage (~90,000 miles). Buying into $ET at its present...

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The recent news about Alibaba's "donation" to the CCP agenda machine has sent the $BABA worshipers into full defensive mode. YouTube videos and Seeking Alpha articles on the equity have exploded in popularity and volume. Long term, investing in Chinese equities is a gamble but, if you're on the right side of the trade, you can certainly make a lot of money. This...

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***None of the idea I share, including this one, should be taken as financial advise. Tread lightly and if ever you find yourself certain of something, think again.*** Previous Idea and Trend In my previous idea (linked) on PCG I said I'd expect this stock to struggle downward most of the summer and reach a strong support level in the low $9.00 range. This has...

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***None of my ideas, this on included, are financial advise. Tread cautiously. Markets are know to enjoy punishing the un-wary.*** Previous Idea, Profit, and Short-term Movement I've shared a couple ideas on Southern Company and thus far the stock movement has been very predictable; moving around earnings and payouts. Based on my previous idea (linked), I just...

forever_green Updated 

***THIS IS NOT FINANCIAL ADVISE. DO YOU OWN RESEARCH AND FORM YOUR OWN CONCLUSIONS.*** Historical Preface: Having just come off an update on policy from a (un-surprisingly) hawkish federal reserve, it's been said that rates are unlikely to rise precipitously until 2023. The news of unlikely tapering sent many of the utilities stocks into a sharp short-term...

forever_green Updated 

*** THIS IS NOT FINANCIAL ADVICE. DO YOUR OWN RESEARCH AND FORM YOUR OWN OPINIONS *** 10Y Treasury and Gold's Price: Gold is correlated strongly (92%) with the 10Y Treasury. During 2020, during the depths of the pandemic, we saw 10Y rates under 0.5%. This was the primary catalyst for Gold to find its new ATH during August of 2020. This strong correlation makes...