Hey everyone! Just wanted to do some quick analysis & labeling of the supply and demand situation right now in the market for PayPal stock. Marked out on the chart you can see zones of supply and demand, and we are approaching a zone of demand coming into this earnings release. Should PayPal post solid EBITDA and raise its outlook at all, then any bounce might...
Afternoon! Just combing through charts, and I saw this one in Alcoa. Kinda insane. Now, I know Metals are in vogue right now from both a narrative & flows perspective (positive and improving): *** Financials 4 Energy 4 Consumer Cyclical 4 Consumer Defensive 2 Industrials 1 ---- Materials 1---- Utilities 0 Technology 0 Real...
here's the PA portfolio. quarterly rebal'd. This doesn't cover all of my assets, just what the plan is for the long term portfolio, not the active accounts. The single stock picks are the closest I can come to exposure in my favorite themes. $MKTW for the rise of the individual in their own investment process. $APPS for BIC mobile ads. $SV for vertical farming,...
Upstart originated $2.8B in loans this most recent quarter. The current valuation assumes annual originations of well over $120B annually. If you own Upstart, you are assuming traditional banks willingly cede loan originations to this company, and that Upstart originates ~18% of ALL PERSONAL AND AUTO loans annually. Both of the above are outrageous assumptions....
Just wanted to throw this idea out there -> Back in December of 2017, BTC saw a huge run in prices as part of a retail frenzy, but also in response to the introduction of BTC futures into the financial ecosystem. They almost mark the *exact* top in prices. I think it's possible that with the potential approval of Bitcoin ETF's (decision on Monday) we see a...
A few weeks ago, we posted a trade setup idea about Netflix, where we were looking to buy the breakout of this recent consolidation zone. We sold our position this morning on the early surge, because at this price, with these technicals - and with where rates are at, this no longer seems like a compelling opp. ADX falling, RSI divergence, macro and sector...
Morning all! Just wanted to post quickly about the recent sector rotations going on, and the overall market selloff. Typically we post our sector updates on Tuesday, but the market continues to selloff so some might get some use out of this directly. Clearly, the focal point of the market is rates, which have been climbing on stubbornly high inflation. Supply...
Exactly what it sounds like! Each Tuesday we publish our sector reads. These reads combine relative and absolute performance projections in order to come up with strength profiles. You could use these as the basis of a long/short sector strategy, or as a starting point for a top-down hunt to find the best positioned single names. The scale goes from -4 to +4. Good...
Good morning everyone! Every Thursday morning we highlight our favorite trade setup of the week. This week, we will be taking a look at a High Yield setup in $VALE. It's been an interesting week of trading, and the kind of price action & news flow that gets you thinking about the bigger picture. Yesterday, we saw this chart, and it got us thinking about the...
Each Wednesday, we publish an idea about an interesting, under-the-radar stock that we think has long term potential and deserves a little attention. This week, we are looking at $BOWX, which is the special purpose acquisition corp looking to bring WeWork public. For those who aren't familiar with WeWork, it's an office space company that provides flexible and...
Exactly what it sounds like! Each Tuesday we publish our sector reads. These reads combine relative and absolute performance projections in order to come up with strength profiles. You could use these as the basis of a long/short sector strategy, or as a starting point for a top-down hunt to find the best positioned single names. The scale goes from -4 to +4. Good...
Whooo boy, interesting market out there. First fun day in months! The following is taken from our morning market note: --- TECHNICALS For the first time in a long time, the daily and weekly technical picture has nearly fully diverged, with the weekly situation only registering a short term bump, while the daily reads nearly fully negative. The Weekly Shard...
Ally Bank is a high quality bank with a stable price, reasonable valuation, and no upcoming catalysts in the next 30 days. Due to it's channeling price action, selling the OCT 15 48/55 short strangles, which have a breakeven of 46.48 and 56.52, seems like a free money trade. Earnings are on the 27th. Alternatively, you could sell some 2:1 put ratios for a higher...
Each Wednesday, we publish an idea about an interesting, under-the-radar stock that we think has long term potential and deserves a little attention. This week, we are looking at $MKTW. This may seem like a tangent, but stick with me here. For those who aren't aware, Discordia Research LLC (which operates this account) is an options and investment research...
Exactly what it sounds like! Each Tuesday we publish our sector reads. These reads combine relative and absolute performance projections in order to come up with strength profiles. You could use these as the basis of a long/short sector strategy, or as a starting point for a top-down hunt to find the best positioned single names. The scale goes from -4 to +4. Good...
Good afternoon everyone! Just wanted to examine how gamma affects the markets, how you can use it in your own process, and an interesting dynamic that has been playing out in the S&P over the last few months. Cheers!
Nothing much to say here. Valuation is outrageous and unsustainable, and the parabolic price action, with hedge funds getting in at 'any price', will bite current buyers. This is a $150 stock on a *good* day. Risk seems skewed to the downside.
Good morning everyone! Every Thursday morning we highlight our favorite trade setup of the week. This week, we will be taking a look at a flush setup in $TLRY. Sorry for the lack of posts here and on SeekingAlpha recently, a few of us are out of the office in Okemo, VT taking some vacation. We will be back to regular posting next Monday. This setup is simply too...