bsdvs23

bsdvs23

After hours LCID unveiled for $1.75 Billion Offering of Convertible Notes via Private Placement. Never great for long term investors to experience such news; especially afterhours. Nevertheless, I'd be looking for any upward impulses as legs into short sided positions riding LCID down towards the 26.80 T1 area. I'd give this a 3-month window; however, I expect it...

bsdvs23

The cracks are starting to widen in Bitcoin and it has become very obvious that the fall is coming.... Take profits if you're still in it. Target is 32,590 - 29,435

bsdvs23

Short term bullishness into supply with weak momentum should take us to T1 or T2.

bsdvs23

AMD currently at 144.01. Looking for the semiconductors to begin rotation. AMD targets "Areas" T1 136.88 - 135.75 T2 109.34 - 108.46 T3 105.32 - 104.64

bsdvs23 Updated 

For Next Week (Indexes) - SPX, DJI, and NDX are diverging (I expect to see an upward impulse rally from each of these); we could potentially see a morning down spike, but I "do not" expect that to hold and markets (in my opinion) will reverse late into the morning to the upside. - We should see the Semiconductor stocks within the SOX start to have some real issues...

bsdvs23

I've been waiting for MRNA to have some stabilization during it's pullbacks -- now is the time in my opinion. For pharmaceutical companies the vaccines have been their "bread and butter" and they'll ensure they continue to innovate through a variety of new accommodations for people around the world pertaining to Covid, HIV, and anything else they can acquire...

bsdvs23

I'm expecting the high beta stocks to experience greater risk exposure with an index drop down to 15,100 to 15,000. Remember these are not only (1) interest rate sensitive, but they're (2) impacted by increases / decreases in Federal Reserve printing of the M2 Money Supply, and (3) where institutions "park money" when they need a very liquid place to protect it --...

bsdvs23

I'm expecting the high beta stocks to experience greater risk exposure with an index drop down to 15,100 to 15,000. With that being said, I feel comfortable and confident that AAPL will reach the potential target areas before the end of the year. Target areas are 156.60 to 141.00.

bsdvs23

Entering into a bearish position on SPY. Targets below.

bsdvs23

Some may say the Cannabis Sector is "dead money" however, as a medical cannabis user for several years, I can tell you that the industry is booming. I won't get into all the details on the retail locations and nationwide locations in this article, but I will say the benefits outweigh the risks. For my PTSD cannabis has been phenomenal whether in flower form or...

bsdvs23

Jumped into Call Options expiring this week $38 Calls. Targets mapped out.

bsdvs23

Technically I like the price action for ABNB, despite it sitting in a supply zone. Difference between now and in the past is the momentum is confirming the move. Some may look at Zillow and base that decline and sentiment as an overlay onto the rental property business - but I think they're not as correlated as many speculate. Bullish outlook on ABNB with targets...

bsdvs23

Markets capitulated on FED, Jerome Powell, comments about interest rates not being raised until at least Q3, thus allowing inflation to run ramped. He stated that he doesn't see a risk with higher inflation and is more concerned about the job market reaching full employment, while stating the shipping constraints and Covid are the reason for inflation. Never mind...

bsdvs23

Looking for the markets to experience a pullback. As for the /ES the target is identified below. This won't be a complete cycle change; however, we will be watching the major indexes and global markets for signals. Tomorrow we expect the Bank of England to start raising rates, so we might see some action after 3am ET. Target 4,459.00 to 4,554.25

bsdvs23 Updated 

Oil is in a demand area where I expect price action to obtain a big for higher prices.

bsdvs23

Long Term Intel has the unique breadth and scale to lead global demand for semiconductors. As for this chart, we're looking for the short term swings as annotated.

bsdvs23

I'm expecting Citi to experience some downward pressure. I know that Target 1 is fairly close to the current price, so there may be some intraday opportunities to short bullish retail candles into supply/resistance levels. As for the yellow line that is my middle line that may provide a pause before heading to the Target 2 area. If I were buying puts on this...

bsdvs23

Going Short on AAPL to 149.78 - 147.52. Lots of retail type candles forming and divergence signaling. NASDAQ and Russell 200 have negative imbalances.