A Gusher of Opportunities Sometimes the charts and the fundamentals don’t jive. The Standard & Poor’s 500 earnings forward estimates for 2019 have been dropping as stocks have been rising. The market seems to believe that a decent recovery is to begin by the second half of the year. Sometimes, both the charts and fundamentals […]
New Market All Time Highs Dead Ahead and More Trades For the Next Leg The notion that the Federal Reserve is stoking another Asset Bubble looks more correct every single day. “Federal Reserve Stokes Another Asset Bubble”. (https://markonomics101.com/2019/03/22/federal-reserve-stokes-another-asset-bubble/). First the Cryptocurrencies resurrected. “Cryptocurrency Sector Explodes Higher”. (https://markonomics101.com/2019/04/06/cryptocurrency-sector-explodes-higher/). Bonds are already near their all time […]
Founder Elon Musk Continues Self-Inflicted Damage (Chart of the Day 21) Elon Musk and Tesla shareholders endured a rough week. First Quarter sales fell far short of expectations and below those of the 4th Quarter. (https://www.zerohedge.com/s3/files/inline-images/ttd%20m3.png?itok=j-aL57e0). The schedule of Federal price subsidies explains why. A “rebate” of $7,500 per vehicle until January 1st, 2019 was […]
Cryptocurrency Sector Explodes Higher The sentiment toward the Cryptocurrency sector has turned to wildly bullish. Not only has the number of google searches for “Bitcoin” surged, as shown on the left, but so have tweets. We’ve anticipated this rally now, in two recent posts. “Crypto Rally Imminent”. (https://markonomics101.com/2019/02/21/crypto-rally-imminent-chart-of-the-day-15/). And, as recently as one week […]
General Overview Despite record Natural Gas production, record exports keep a tightening Natural Gas market in play, possibly setting the stage for bullishness medium-to-longer term. The upside potential looks stellar as NG prices look for support near this level 250’s/268 area. I believe that buying will push this market up substantially this year, possibly above […]
Media Darling No More I am writing this article partially because of the recent CNBC video that came out just a few days ago on March 28th. Dain Evans’ headline was “The story of Yelp — and why it’s struggling to survive.” He tackles a Harvard study done by business school student Michael Luca and […]
Cryptocurrency Sector Ready to Rally Despite Reports of FAKE Bitcoin Volume The Cryptocurrency Sector is on the verge of starting a long awaited rally. The resistance line is at $145 Billion, exactly the level as of early Sunday evening. (https://coinmarketcap.com/). The Sector continues to be plagued by shady practices. Bitwise Asset Management performed an analysis […]
LYFT’s IPO Raises Questions LYFT’s IPO priced at $72 on Thursday night implying a pre-trading valuation of $22 Billion Dollars. Only weeks earlier the value range was thought to be between $10-$15 Billion. LYFT’s first trade was $87.24, just shy of a $27 Billion value. Trading went straight downhill from there, with the stock […]
BofA says BUY Bank of America Analysts have put a BUY rating on Pioneer Natural Resources Co (NYSE: PXD) with a share price target of $215. I wholeheartedly agree with them. Pioneer Natural Resources Co is an oil and gas producer that primarily operates in the Permian Basin and Eagle Ford Shale. Their exposure to […]
Investors in Tyme Technologies(Nasdaq: TYME), a clinical-stage biotech company focused on cancer, should be excited for the near-term future in my humble estimation as I believe shares of this $2 stock could spike it to $8 in the coming weeks/months. SM-88: A Nightmare For Pancreatic Cancer Cells The company’s big headline has been on one […]
