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Tag: investing

Abercrombie And Fitch…Setting Up For A Short

March 8, 2019 Published by

Abercrombie & Fitch (A&F) reporting earnings yesterday results.  Although revenue was down 3% from year-ago, comparable-sales growth was 3%, doubling expectations.  A&F also said sales for 2019 will rise 2% to 4%.  On the news the stock rose more than 20%, its best level since 2016.

According to the CEO, is the company’s ability to reach the customers through mobile devices was instrumental with digital sales topping $1 billion for the full year.  To put things into prospective roughly one-in-three dollars spent at the brand is being spent online.  In addition, customers can purchase items online and pick them up in

The US Dollar Is Stuck In The Mud

March 7, 2019 Published by

This past Saturday, Trump spoke at the Conservative Political Action Conference in National Harbor, Maryland.  One of the topics of discussion was the US dollar.  Trump hinted at wanting a weaker US dollar.  I say hinted because he said he wants a strong dollar, but not at the sacrifice of US business being hurt when doing business abroad.

I recently read an article on FXStreet.com about the US dollar and one of their analysts had the following to say:

We view that the greenback is likely to stay strong due to stronger US treasury yields and weaker global yields. I.e. the dollar

Bitcoin Technical Analysis: Star of the Show is Volume

March 7, 2019 Published by

On February 17th, Bitcoin had a nice bounce late in the day (early Feb 18th for some). It was nothing to get overly excited about at the time. We’ve seen jumps in price here and there over this 14 month bear market. What has been exciting is the increase in volume since that spike. Daily volume has not dropped below $7 billion since February 17th. This is the first time we’ve seen over 2 weeks of daily volume CONSISTENTLY above $7 billion in almost a year.

Bitcoin is currently trading above the $3,800 support (Coinbase) at around $3,870. We’ve seen a

Rates headed towards another low…

March 7, 2019 Published by

BEFORE RESUMING THE SECULAR UPTREND THAT HAS BEGAN.

I have been saying that the multi generational bottom in rates are in since mid 2016. We have had 3 massive inflation waves causing yields to rip to new highs since that time. On the last run up I said that we are about to have a major growth slowing affect on rates and would fall below 2.70 (Mind you this was at 3.10). This massive rug pull in the bond market since Q4 of last year is headed lower to make another low.

I am looking for this to make another

Unusual Options Activity In GE – Part III

March 7, 2019 Published by

I have already ran out of popcorn, but I got another bag in the microwave popping

because the GE drama continues. It was just yesterday I talked about more bearish unusual options activity,

Unusual Options Activity In GE – Part II

General Electric (GE) shares tumbled after the company said it sees “significant known headwinds to 2019 cash flow” for its industrial division, which was more negative than previous reported. The industrial free cash flow will now be in negative for 2019.

Today I noticed even more unusual bearish options activity.  These options are even more aggressive than previously reported five days ago

The Children’s Place Got Spanked

March 7, 2019 Published by

The Children’s Place, Inc. operates as a children’s specialty apparel retailer and sells apparel, accessories, footwear, and other items for children; and designs, contracts to manufacture, and sells merchandise under the proprietary The Children’s Place, Place, and Baby Place brand names.

On Monday, Children’s Place announced earnings and got spanked. They reported fourth-quarter earnings and sales, and provided full-year guidance that missed expectations.

The miss was directly due to the Gymboree bankruptcy.  In January Gymboree Group Inc. which also sells children apparel filed for bankruptcy protection for the second time in less than two years and plans to shut all it 380

Forex Price Action Baby, No Technicals or Fundamentals…Trade #9 – Sold EUR/CAD (3/6/19)

March 7, 2019 Published by

10,000 Ft View – 4 Hr Chart

Zooming In

There are a couple of things I like about this trade set-up. The 4 hr supply zone at 1.52000 is nestled between two daily supply zones. A zone on zone is called a level on level and very powerful the higher the time frame. The other thing I like about the set-up was the price arrival…very fast which is actually an odds enhancer.

However, I was stopped out of the trade several hours later by one tick. This is starting to become a common theme. I will considering using 2% of the

Ctrip.com Making Money Moves

March 6, 2019 Published by

Ctrip.com International, Ltd. operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours, and corporate travel management in China.  Ctrip.com is the Chinese version of Booking (aka Priceline) and Expedia. 

Ctrip.com reported earnings on Tuesday and beat revenue and profit expectations citing a greater presence in lower-tier cities, and growth in their Ctrip-branded low-star hotels.  The numbers impressed investors to the tune of a 20% increase in the stock price.

If you are like me, then you live in the future and I think Ctrip.com has a very bright future. China’s transformation to a predominantly urban society is key

Buy crypto now! – Like this:

March 6, 2019 Published by

Crypto is dirt cheap. 

Volume continues to climb steadily (since May last year – as shown at the end of this post from yesterday). Capitulation happened four months ago.  Yes folks, “capitulation” is what you call it when an asset like BTC sheds 85% of its value. To those who still expect “lower lows” – I just shake my head. An 85% drop wasn’t enough for you? How about some other cryptos then? My $195 NEO became $5.50 NEO. That’s a 97% drop – and STILL you want “lower lows” before investing? 

Get REAL!

I’m buying in. I think this is a great opportunity and I’m making the most of

Target and Kohl’s Are Both Looking Like Retail Royalty

March 6, 2019 Published by

Three months ago I wrote a post about Target and Kohl’s pursuing different strategies to compete against the Competition, Amazon.

Target’s Omnichannel Push

The “Amazon Effect” has forced all retailers to step up their “omnichannel” game or face extinction. The ominichannel phenomenon is the ability to compete through brick and mortar and online by redesigning distribution networks and streamline supply chain operations to best serve customers on and offline. Some retailers, such as Target are already ahead of the curve as they continue to merge the digital and physical space into one seamless customer experience.

For the quarter, Target reported $23 billion in

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