Jrussell86

Jrussell86

One of the best alternative investment funds in the world, arguably the best with a 4% divi while delivering 20% returns for the last 40 years and similar guidance for next 20. Current valuation seems a tad high given MRQ/Q growth so this pullback can be justified however the history of this company's returns warrant closer inspection. Currently unconfirmed H&S...

Jrussell86

- Achieved breakeven profitability on a GAAP basis - Morningstar raised fair value to $74 (currently trading at 24% discount)to FV -Trading at less than 6x forward gross profits

Jrussell86

A long diamond pattern that started forming back in October 2022

Jrussell86

Rev Growth YoY and FWD are 50 and 23% respectively and 307 and 167% above the sector respectively while PE GAAP TTM and FWD are 71 and 65% below sector! This implies a huge discount in growth. Gross Profit does lag behind the sector by about 12%, but the valuation combined with the outsized growth substantially off-sets this disparity. On a technical note,...

Jrussell86

COHR caught my attention for a few reasons. 1st. It is ≈11% of total holding of Scion Asset Mngt holdings, one of the best performing funds since 2008. 2. Technical: SP trading in demand zone, appearing to possibly be in process of forming a double bottom- confirmed on 3 day rule, vol, etc. passing 46.46 area. 3. Valuation: Currently at steep discount to...

Jrussell86

Morning*'s valuation implies 2024 EV/Sales multiple of 5.5x. Forecasted Revenue growth 24% annualized rate over next five years! TTM Rev Growth YoY was 43%; 206% above sector median! Rev FWD growth is 26% or 142% above sector median. Expected to become profitable on adjusted OpMargin basis next year and GAAP profitable in 2027 in line with current models as long...

Jrussell86

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...

Jrussell86

BKI caught my attention for a few reasons. 1. Held by Scion Asset Mngt- if you haven't heard of them or Michael Burry, check it out. Crazy returns off the financial Crisis. 2. SP sitting at an inflection point at bottom of long term demand zone and near lowest long term demand zone. 3. BKI's shiller PE ratio range over the past 10 years is from 36.26-43.09 and...

Jrussell86

The slight gross margin decrease of 4.8% was enough to resume the HS pattern on the chart executing a normal pullback- relative to the "neckline" where HS patterns are confirmed with some other criterion. Despite the quarterly margin contraction, expected cost reductions should start to materialize in 2024. Everything on the income statement is trending in the...

Jrussell86

Positive divergence can be seen on a yearly basis with MACD leveling out crossing into positive territory. SP appears to have formed a double bottom and is currently breaking out from a narrower down trend. Currently, the SP is ≈33% below the average analyst target and ≈45% below the top range of down channel primary trend. The SP collapsed last year as a...

Jrussell86

MMM's shiller PE of 10.72 is currently 53% below its 10 year historical mean of 23.01. MMM's Shiller PE is also ranked better than 61% in its industry. A 10-20 year mean reversion would imply a PT of 180-190. With that being said there would have to be quite a bit of fundamental changes for the company to surpass the mean and reclaim its 10 year max PE of 37.1....

Jrussell86

2020 and 2021 were anomalies to Paypal's growth pattern due to COVID. Paypal's Net income on annual basis from DEC 2019 to 2022 represents a 1.62% decrease. The last 2 quarters saw strong net income growth over the previous 3 from Dec 2021- Jun 2022. September of 2022 realized 22% growth in net income for the respective quarter of 2021 and 491% Q/Q. Dec 2022 saw...

Jrussell86

Ascending Triangle formed and annotated with TA PT along with possible time frames using Fibonacci time series, Fib retracements and Bulkowski's pattern targets. Stone recently swung to profit on improving fundamentals Q/Q and Y/Y supported by the possibility of Brazil cutting rates in near term and coming out of recession.

Jrussell86

Beautiful setup for long play. Golden Cross on daily after Q3 results exceeds mngt guidance.

Jrussell86

Money flowing back into Marijuana stocks now after Republican led legalization bill announced this week.

Jrussell86

You have to appreciate the fractal symmetry. Beautiful.

Jrussell86

Highly shorted float. Just passed hourly R1; Golden cross on hourly approaching; Here we go again!?!

Jrussell86

Measured move, w/ confirmation takes SPY to 397. Volume profile looks great.