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michaelusher

Market Wizard
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Everything posted by michaelusher

  1. $TSLA bad news outweighed the good today. $229.50 showed itself as a key level, wait for it
  2. $VXX today's inside bar may suggest a possible upside move next week. Don't be surprised if this heads 50s soon
  3. $VRX $SPY in 2008 in first year trading i was long FNMA and this story went on WSJ and caused a 75 % drop over 3 days, that blew up my first account , these things happen all the time, which is why money management is the most important thing you'll learn in trading.
  4. $VRX at 22.50 zone will be very attractive re-entry if you missed previous move.
  5. $FB if it opens > $125.23 = bullish with 1st resistance @ $125.92 and 1st support @ $124.36
  6. $VRX With a combination of good earnings and a B/O, we should see a continuation of the rally for a couple of days
  7. $OPK Frost will never stop buying this now. All his work has now come together. It's harvest season. PT of $20 by next year. Easy!
  8. $DIS my expectations of ER are modest. But, a beat + good news like address OTT cable/Iger extends/buyback increase..=slow climb to 106-7.
  9. $SPY Shorted that UVXY garbage yesterday, looks like the pajama pumpers are going to be pumping $ into my account.
  10. $AAPL When valuation was deemed low it dropped over 20% on us, now with top line Rev down 15% and EPS down 23% it is running, classic Casino
  11. $EXEL Here's my synopsis on the weekly. Take it for what it's worth. I am long term bullish
  12. $EXEL Missed the boat here - as usual. But I have seen this stock discussed many times over the months and failed to make a move
  13. $TSLA so they miss for the 4th straight Q and this high beta stock doesn't move at all, sure ...expected move must have been zero.
  14. $IBM still could go $200 but not in this year my opinion. Next buying opportunity is coming
  15. $AMBA recent bullish resurgence seems to run out of steam as the market in general is.
  16. $NFLX Expected this. It'll be bumpy for a few weeks but this well-run game changer of a company will continue to climb.
  17. $AAPL recent bullish resurgence seems to have legs but may not sustain that long.
  18. I will buy Verizon near this level. The yield will keep it elevated and can break out over 56.15ish..bankers will pump it with yahoo.
  19. $UWTI $DWTI $OIL short term, oil will go down. My prediction two weeks ago was/is ~$38/barrel. For now, buy and hold DWTI. Then buy $UWTI.
  20. $UWTI this is a friendly reminder to all my fellow trades . Don't wast your time and money on oil. This is going to sink to 2$ again
  21. $SPY Only times the market sells off are: flash crash , rate hike, political referendums, and oil crash, well crude breaking 40, is not far
  22. $PEIX we're looking at a strong, strong open. Whether or not we REALLY have a strong day and future weeks will depend 100% on the call!
  23. $GPRO The stock will either go up back to $13 range which I will be holding or it will go back down to $9 which I will be adding more stock.
  24. $SPU seriously am so hateful of the markets that I can't get any shares to short here. Sooo much anxiety God. Maybe when it dumps past 10, some shares will be available to borrow. Doubt it though. It'll fall to 3 by end of August
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