SPDR Sector Relative Strength Analysis Report For Week Starting 5/13/19

Sector rotation is the action of shifting investment assets from one sector to another to take advantage of cyclical trends in the overall economy in an attempt to beat the market.  Sector rotation seeks to capitalize on the theory that not all sectors of the economy perform well at the same time because sectors of the stock market perform differently during the phases of the economic and market cycle.

For example, defensive
sectors such as consumer staples, utility and health care stocks tend to
outperform during a recessionary phase, while consumer discretionary and tech
stocks tend to fare well during early expansions.

When you trade,

Zayo…Potential Buyout Coming By Mid-March – Part 2

Zayo Group Holdings, Inc. (ZAYO) through its subsidiaries, provides bandwidth infrastructure solutions for the communications industry in the U.S., Canada and Europe.   Customers include wireless and wireline carriers, media and content companies and finance, healthcare and other large enterprises.

Earlier this year I wrote a post about Zayo jumping almost 10% after Bloomberg reported that talks were heating up between Google and CenturyLink to buy Zayo and when news hit the wire, the Smart Money has been buying up all the call options they can in Feb and Mar, thinking the buyout will occur by mid-March.

Zayo…Potential Buyout Coming By Mid-March

Since I

Forex Relative Strength Analysis Report For Week Starting 5/12/19

Some of the world’s currencies are accepted for most international transactions. The most popular currencies are accepted for most international transactions are the U.S. dollar, the euro, and the yen. However, the U.S. dollar is the most popular. And in the foreign exchange market 90 of forex trading involves the U.S. dollar.  Thus, when assessing the relative strength of the most popular currencies in the world, it’s always against the U.S. dollar, using the daily time frame chart.

The “major” forex currency pairs are the major countries that are paired with the U.S. dollar (the nicknames of the majors are in

My TIMM Trading Pit Commentary – Wk Of 5/6/19

TIMM (Traders’ & Investors’ Mentor Market) provides the tools analysts need to share their insights in a central location, TIMM becomes a market where traders and investors can shop for the insights they’re looking for.The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets.

Commentary from this past week includes:

S&P 500 futures fills the daily gap.

Nasdaq futures finally found some bids.

Gold sitting between 60 min zones, play the extremes.

Gasoline sitting in a daily demand zone, but may not hold since oil isn’t

Stamps.com No Longer Sticking – Part 2

Stamps.com Inc. provides Internet-based mailing and shipping solutions in the United States fall 56.4% to $86.31 on Friday after the online shipping and postage company said its key partnership with the U.S. Postal Service has ended.

Stamps.com No Longer Sticking

Yesterday, they almost topped that performance, I should say lack of performance when the stock fell 55% after announcing their first quarter earnings and lowered guidance for 2019.  The numbers caught investors off guard, but the CEO, Ken McBride insisted the numbers were “in line with our expectations in light of our new strategic direction.” 

NOTE TO SELF: How could the numbers be

Is Roku The Next Microsoft???

On Wednesday, Roku reported their first quarter earnings. Although net loss of $9.7 million, or 9 cents a share, revenue rose to $207 million from $137 million a year earlier ago.  Also, active-account base grew by 2 million users sequentially, reaching 29.1 million in the first quarter.  And for the full year, Roku forecast $1.03 billion to $1.05 billion in revenue, slightly ahead of expectations.

This opportunity in the large streaming trend makes ROKU a great position to increase its number of users, the analysts said. As a result of its leadership in the sector, ROKU shares could soar three to

Can $UBER give $LYFT a Lyft?

It sure does need one. After being pushed into the IPO market land and opening up well above the IPO price at 72, it has been utterly obliterated into the ground. Every single investor is losing money here (unless you are shorting, but they aren’t investors). This is a gigantic fail of an IPO. Does UBER make the same mistake?

They are doing everything they can not to including holding a valuation much below what was originally estimated and attempting to open the share price lower to. From the looks of it LYFT is not getting a bounce on UBER’s

Goldman Sachs…The Real Uber Winner

Uber makes its IPO debut Friday in one of the most anticipated IPOs in 2019.  Uber is set to price their shares at $44 to $50, given the company an immediate $80 or $90 billion market cap.

In 2018, Uber’s revenue reached $11.3 billion for the year, up 43% from 2017, but the company remains unprofitable.  Thus, tomorrow there will be winners and losers (just like with the Lyft IPO).  The losers will be the retail investors, who will be eager to jump in and get a piece of the pie.  The winners will include, Ashton Kutcher, Jay-Z, Beyonce, Gwyneth Paltrow

Beyond Meat Is Beyond Overvalued

Beyond Meat priced its initial public offering at $25 and now the stock is up more than 200% in less than a week.  And while the S&P 500 closed down more than 1% yesterday, Beyond Meat closed the day up 6%

Beyond Meat, a maker of plant-based meat products is the new IT THING on Wall Street and sold at a supermarket and restaurant near you. 

Beyond Meat is also trailblazing a new secular movement away from animal protein.  Beef is loaded with saturated fat and many, many resources are needed to produce 1 lb of beef.  For example,   the total

Bears were out growling earlier this morning…

2 hours later and we are going green from the open. This trade war headlines BS needs to stop. I can’t make this up, I leave DC, we are tanking and the trade deal is a zero(not happening). Then I land 2 hours later and the deal might happen this week, and we are ripping back to highs. Stay tuned for the close and don’t chase either.

Bears you really didn’t think you were breaking this line the first time did you??