The Rise and Fall Of Weight Watchers

Within the past 12 months I have talked about the Rise and Fall of Weight Watchers.

The Oprah Effect Strikes Weight Watches

Nevertheless, due to the Oprah Effect, the stock price of Weight Watchers is up a staggering 1000% since Oprah took a stake 10% in the company some years back, became a board member and become the face of the program, and appear in ads and commercials.

The Oprah Effect Strikes Weight Watches – Part 2

In March of last year, Oprah made $110 million by selling 2 million shares in Weight Watchers…that was a very nice check.

Than in November shares of Weight

You see that Shakeout? #bitcoin

This is the type of action you want to see st or near bottoms and turns. Spikes down in price and then rip-your-face-off rallies back through the drop. Take a look…

I love seeing this. We are going to see many shakeouts along the way up here and this type of action is EXACTLY what you want to see at big turns. People buying every damn dip because they don’t know when or if it will dip again. We are still in the monster accumulation zone for the next bubble. Keep accumulating baby! Long.

Etsy Keeps On Rolling

I first wrote about Etsy eight months ago,

Don’t Call It A Comeback, Etsy Been Doing It For Years

I truly thought Etsy was going to be Amazon’s next meal and because Ebay was also in the marketplace, seriously considered shorting Etsy at the time.

But this still doesn’t explain why didn’t Amazon eat Etsy for lunch? Then after digging into the matter more, I found the following:

Sellers like Etsy because they release the funds immediately to the seller after the sale closes. Amazon Handmade holds the funds until the order ships.

Etsy has no seller fees and only changes by product listing after

Bitcoin Technical Analysis: VOLUME TAPERS OFF AS THE MARKET STALLS

Bitcoin continues to consolidate right around the $3,800 support. Volume is slowly dropping off.

Looking at the 4 hour chart, the Bollinger bands are severely bottlenecking. This suggests price is preparing to move.

In today’s video analysis I discuss where price may be heading next, key areas to watch and so much more. I hope you find it helpful.

Video Analysis:

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!

Workin

If

Forex Price Action Baby, No Technicals or Fundamentals…Trade #8 – Sold GBP/USD (2/26/19)

10,000 Ft View – 4 Hr Chart

Zooming In

The zone isn’t fresh, meaning price was once at the level before (yellow circle) where sellers sold price before, thus there might be unfilled sell orders left or no more unfilled sell orders. But despite the level not being fresh, the level is high on the curve, so price is not longer at discount prices and is in the upper quadrant of the curve or range.

NOTE: trade was stopped out on the morning of 2/27…as the British Pound has been on a tear the past two days.

My One Year

Avis Budget Group, Inc. Said So

Avis Budget Group provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. Avis reported earnings last week.  Avis’ reported revenues of $2.1 billion during the fourth quarter, in line with analysts’ estimates.  Earnings per share jumped 18% during the fourth quarter.  But the kicker was Avis’ Americas per-unit fleet costs declined 7% during the fourth quarter.  On the news the stock price traded almost 20% higher last Thurs.

Avis’ competitor Hertz Global Holdings, Inc. provides its vehicle rental services under the Hertz, Dollar, and Thrifty brands.  They reported earnings earlier this week.  How do you

Forex $1 MM Challenge – Trade #6 (2-26-19) Bought EUR/GBP

The Brexit saga continues. Prime Minister Theresa May said that if no deal is agreed and if a no-deal exit is rejected, then there could be a short extension to the date for Britain to leave the EU. On that news, the British Pound hit a high against the Euro not seen since May of 2017. And on that news, I decided to buy the EUR/GBP.

Monthly Chart (Curve Timeframe) – Monthly demand is at 0.83500 and monthly supply is at 0.94000

Weekly Chart (Trend Timeframe) – the trend is sideways and has been sideways for the past 18

Bitcoin Technical Analysis: QUICK UPDATE

Bitcoin is being squeezed within a small wedge, hovering right around $3,800. Volume has tapered off over the past 24 hours.

In today’s video analysis I discuss, where price my be heading next, traps to avoid, key areas to watch and so much more. I hope you find it helpful.

Video Analysis:

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!

Workin

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Shanghai Exchange…Don’t Call It A Comeback

Shanghai Exchange ended 2018 as the world’s worst market performer for a second year, falling 25% over 12 months as the trade war between China and the United States weighed on the Chinese economy.

China’s economic growth slowed to 6.5% in the third quarter, the slowest pace since quarterly data began to be compiled in 1992.

Source

So why did the exchange have its best week last week in four years.  Thanks to optimism over U.S.-China trade talks, the two sides reportedly met for more than nine hours Thursday of last week President Trump and on Sunday Trump twitted an extension to the

Unusual Options Activity In Amarin

Five months ago I talked about Amarin and their Vascepa drug,

Amarin…A Potential 5X Bagger With Fish Oil

Vascepa, a drug derived from fish oil, has been on the market in the U.S. since 2012, but has only managed about $100 million in sales for in 2018 thus far. However, the results obtained last week, opens up a whole new market for the Vascepa. Amarin has suggested that Vascepa could now generate up $2 billion in sales.

Vascepa is the only fish-oil product of its kind on the market, costing only $1500/yr, but as low as $3 / month with insurance.