WorthlessViews

WorthlessViews

So many semiconductor companies... which one to choose? Enter AMEX:SOXL - not for the faint of heart. Losses and gains triple compared to most semiconductor ETFs, so stay away if high-risk plays aren't your thing. The top three holdings are NASDAQ:AMD , NASDAQ:AVGO , and NASDAQ:NVDA - two of which are at all-time highs... I wouldn't be shocked if AMEX:SOXL...

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From a technical analysis perspective, PayPal NASDAQ:PYPL is in the early stages of a potential downward trend reversal/stabilization based on my selected simple moving averages. With a current P/E of 15x, recent earnings beat, low debt, and earnings growth potential/estimates, PayPal is in a personal buy zone at $64.00. Target #1 = $72.00 Target #2 =...

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Similar to my analysis of Paramount Global NASDAQ:PARA ( www.tradingview.com ), the chart for Lions Gate NYSE:LGF.A looks very interesting as the price reenters my selected historical simple moving average (SMA). Typically, this means a near-term upward trend in price is imminent or even a complete breakout through the historical SMA (but not guaranteed)....

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Paramount Global NASDAQ:PARA may be gearing up for a price move to reach my historical simple moving average (white and green lines). It appears to be consolidating in the $9-$11 range, but the company is on shaky grounds. Currently, their debt is not well covered by operating cash flow, the dividend of 1.82% is not well covered by earnings, and there has been...

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NYSE:LEVI Straus & Co. A very historically strong company with a loyal following. While you can say what you want about quality changes and a company that feels "stale", Levis jeans don't go out of style - they just ebb and flow within style trends. While the value isn't quite there for NYSE:LEVI with a P/E of 42x and price-to-cash flow of 22x, we are near...

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Norwegian Cruise Line NYSE:NCLH , as well as many of the other cruise line stocks, never fully recovered from the 2020 market crash. From a technical analysis standpoint, this stock may be poised for a nice upward trend soon since it's been consolidating in my selected primary simple average. It is in a personal buy zone at $18.00. Target #1 - $22.00 Target #2 -...

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Technically (believe it or not), Litecoin COINBASE:LTCUSD is in the early stages of an upward trend based on my selected simple moving averages. One could argue it's in a consolidation phase. The last time this happened was in the mid- to late-2020s before it soared. While history may not repeat, it is currently in a personal buy zone in the $60s. Target #1 =...

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Hasboro $NASDAQ:HAS. Bouncing in an out of the historical simple moving average (SMA). While it may take a bit for it to spring out and continue its upward trend, it looks poised to do so. However, there is a small price gap that was never closed in the $40's that investors should stay cautious of if the downward trend continues. But a "confirmation" of a reversal...

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Monolithic Power $NASDAQ:MPWR. If the semiconductor market continues to get attention in connection with AI, there may be a bounce here near $580.00 as NASDAQ:MPWR enters my historical simple moving average area. However, a further dip into the high $400s wouldn't surprise me (tax harvesting season is in session) and doesn't change the thesis as long as the...

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Stanley Black and Decker NYSE:SWK breached my selected historical simple moving average and may likely be forming an upward channel into an overall positive reversal. It's "obeying" the simple moving average lines so far, with a nice bounce off the base at $85. Earnings and cash flow are expected to grow into 2026, but caution should be used if the economy slows...

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Nerdy NYSE:NRDY - a pure technical analysis and "insider buying" play. Gamble - nothing else. CEO and Director are grabbing millions of dollars' worth of shares under $1. Float: 66 million. Short interest: 8%. Historical simple moving average approaching price, which often leads to a jump (but this may take a while...). Delisting, bankruptcy, etc are absolutely...

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NASDAQ:OTLY : A pure technical analysis or future acquisition play. While the company is unprofitable and only has about 1 year left of cash, the bottom "may" be in... unless an offering is announced (tread lightly). But my historical simple moving average (SMA) is approaching the price. Typically, when this happens, there is a sudden jump in the price to "meet"...

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ATAI Life Sciences NASDAQ:ATAI , a clinical-stage biopharmaceutical company aiming to transform the treatment of mental health disorders, is fast approaching my selected historical simple moving average (SMA). Often, but not always, the closer the price gets to this line, the higher chance there is for a fast upward move. In anticipation of this move, ...

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On November 13th, 2024, the Director of Estee Lauder NYSE:EL purchased $10,000,000+ worth of shares. From a technical analysis perspective, this makes sense as it almost double entered my "crash" simple move average lines (indicated in gray). On the rare occasion the price double dips these areas, odds are typically in my favor a rally may be ahead (obviously,...

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The Walt Disney Co NYSE:DIS is wrapped up in bad press and is predicting a future decline in theme park revenue (recession red flag...). However, the company has historically had tricks up its sleeve to return to prominence in an ever-changing entertainment environment (last was streaming). The potential of AI and robotic technology benefiting Disney is huge....

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Medical Properties Trust NYSE:MPW is a beaten down medical facility REIT currently in a price consolidation phase. The company's stock price is at a level not seen since the 2008-2009 financial crisis - but this doesn't mean it's a "steal" right now for investors. Here's why (from Wiki): "In 2022, The Wall Street Journal reported that Medical Properties Trust...

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Reynolds Consumer Products NASDAQ:REYN is a "boring" company with excellent fundamentals. P/E of 15x, 3.35% dividend yield, low debt, and a 53M float. The Director just scooped up $196,000 in shares and earnings are expected to growth (while slowly) over the next few years. It recently tested the low of my historical simple move average (teal and white lines on...

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Markets are forward looking. When the Federal Reserve drops interest rates (perhaps in 2024?), I anticipate money to flow into the heavily beat-down small-cap market (filled with stocks most negatively impacted by high interest rates). TVC:RUT would rise rapidly, and my bet is on AMEX:TNA to follow. From a technical analysis perspective, the fact there is a...