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michaelusher

Market Wizard
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Everything posted by michaelusher

  1. $VIX more surprises ahead for both directions that is what this chart says
  2. $QQQ the bullish camp had a great day no matter what they call (short squeeze) or new buyers so far so strong
  3. $CHK $XLE $USO Obama could have taxed OPEC oil 20% and destroy them ,saving NA O&G industry and many jobs, but he only wanted to kill coal
  4. $NFLX bulls get another strong day and so far nothing suggests it will reverse before it smells or touches 50dma where it will get rejected
  5. $DE though price down 5.7% for the week, don't shy to go short it will soon head $70s any pop is opportunity to sell short
  6. $SIMO the 3 year uptrend seems undisturbed and looks going higher.
  7. $IOC is a BUY with 23.1% upside to current price of $41.45 based on averages of all analyst ratings/targets
  8. $TSLA it will probably head to 185 before it touches 250. Always bet against $GS calls you will make a serious money
  9. $GPRO when trading at $98 I noted it could easily go single digit in 2yrs it did indeed few weeks ago we said if it fails to hold 13 heads 8
  10. $AAPL dont forget why it is a MOVING avg, the 20dma has dropped ~0.90cts/day over last 5 days & will continue to decline at that rate as it replaces older and much higher data, prices AND moving avgs can correct thru TIME as well as price.
  11. $MGT I believe this stock hits $8 by Thursday before settling down. Have fun and be grateful for profit, big or small
  12. $BABA looks good here but it needs to close above $80.40 level on weekly basis
  13. Another reason to not look for the cause(s) of oils rise. Oil will stop going up when people quit buying it. $DWTI
  14. Tesla (TSLA) bounced near $200 yesterday. The stock rallied from $135-$260 so profit taking was to be expected. Tesla (TSLA) will now have major support located at $200.
  15. $MGT 10k shares taken out @ $2.00 , pre-market high of $2.02. This is starting off hot arter great weekend with McAfee hack news + more people
  16. $AAPL $FB $AMZN $NFLX The market is telling you what to buy and what to sell no thinking , hint buy what is priced over $100.
  17. Today’s sell off will be bigger than yesterday. I doubt DIS can buck the trend this time. Too many people bought into them dumping yesterday.
  18. $AMZN algo bots fishing out stops, let's see if we get a run to $720 by Friday, PE means nothing , this is how the market inflicts pain.
  19. $VRX False breakdown < 26 then a $10 move higher? Last time it was down here Apr 4th, it popped for a quick $10 in three days, we'll see.
  20. $GS short sellers were caught off guard today. What next?
  21. $IYT bulls look real but how far will they push? Transportation is not fully supporting
  22. $USO Currency traders and oil futures desks working the long US$ short crude one two punch, might be wise to step aside and let it play out.
  23. $VRX looks like a $26 touch again, then a push to $30+ , over 3500 May 20 $30 traded today. Never a dull week with this stock.
  24. $FB nothing bearish other than some RSI divergence, shorts may target $113 which is top of cloud and (20) Ma, i trade it but don't use it.
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