Church And Dwight Needs To Pray

Church & Dwight reported earnings this last week.

Finally, shares of Church & Dwight fell 7.5%. The maker of consumer brand products like Arm & Hammer, Oxiclean, and Waterpik said that sales grew more than 4% in the fourth quarter of 2018 on an organic basis, with especially strong 9% gains internationally.

Yet even though results in the consumer international and consumer domestic segments were solid, Church & Dwight saw a big drop in net sales of specialty products. Moreover, investors were concerned about the impact of tariffs, which was a significant cause of a 2.5-percentage-point drop in gross margin to

Crypto Analysis Report 2-12-19…Litecoin Is At Another Critical Level

The last time I spoke about Litecoin, price was at a do or die price level,

Crypto Analysis Report 1-20-19…Litecoin Is At A Critical Level

The level to pay close attention to on Litecoin is the $30 level. Not only is this a psychological round number, but price is attracted to this level going back all the way to May 2017.

So if price breaks below $30, the pivot low at $22 must hold. If price breaks above $30, the next test will be the daily supply at $44.

Not only did price hold the $30 level, but breached the $44

Bitcoin Technical Analysis: QUICK UPDATE

Bitcoin broke below the $3,600 support (on Coinbase). It’s now testing the prior order block between $3,580 and $3,540. Should this break down decisively (4hr candel opening and closing below), I believe a drop to $3,400 will become likely. Looking at the 4 hour chart, we can see the 8, 21 and 55 day EMA’s…
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Bitcoin Technical Analysis: QUICK UPDATE

Bitcoin broke below the $3,600 support (on Coinbase). It’s now testing the prior order block between $3,580 and $3,540. Should this break down decisively (4hr candel opening and closing below), I believe a drop to $3,400 will become likely.

Looking at the 4 hour chart, we can see the 8, 21 and 55 day EMA’s are converging with the 50 and 200 day MA. The Bollinger bands are also bottlenecking. This suggests a larger move may be coming in the next 24-48 hours.

In today’s video analysis I discuss where price may be heading next, traps to avoid and so much more.

Playing Both Sides Of Under Armour

Under Armour Inc. will report fourth-quarter financial results pre-market Tuesday. Analysts largely expect the quarterly report and the 2019 forecast to be inline with the forecasts provided at the company’s December 12th investor day in which they disappointed investors by forecasting low-single-digit-sales growth in North America over the next five years.  

But that didn’t stop the stock from rising 17% in January, even received an upgrade from Goldman Sachs on January 22nd with a price target of $28.  However, did the price rise to fast in too short of a span? 

Analysts will be paying close attention to what Under Armour footwear sales and

Mattel Hot, Hasbro Not

Five days ago I spoke about unusual options activity in Mattel,

Unusual Options Activity In Mattel

 In 2018, Mattel’s stock declined about 33% in 2018. However, investors are upbeat about the company in 2019. So upbeat that the Smart Money is buying up a tons of the February 8th, $12 – $13 strike call options before the company announces earnings on February 7th.

Well, the options are now worth 3X to 4X higher.

Hasbro, Inc., together with its subsidiaries, operates as a play and entertainment company. The company’s U.S. and Canada segment markets and sells action figures, arts and crafts,

$SPX Weekly Outlook: Neutral to Bearish

The US market has made the significant rally that was expected off the lows. The target was always the 200 day MA for starters and last week this target was essentially reached. I did not think it would happen this fast and this straight of a line, but the market doesn’t care what I think.

We are now overbought on momentum and I believe THIS AREA is where the continuation of the trend will be decided. ‘‘Tis very possible to chop in between the 2650 and 2800 area for multiple weeks. I believe the best case for the bulls is some

ScaredyCatGuide to Being Ambitiously Lazy

The title kind of seems like an oxymoron. How can someone be both ambitious and lazy, wouldn’t one effectively cancel out the other?

Let me ask you something:

Do you consider yourself ambitious?
Do you consider yourself a hard worker?

Do those the two terms go hand and hand?
I contend they do not!
 
Ambitiously Lazy
Most people consider me ambitious, they also consider me to be a hard worker. They have this idea that I’m hustling all the time because I have the ambition to pursue multiple things.
This may have been true in my twenties, but in my late thirties – not so much!
“I’m too old

My TIMM Trading Pit Commentary – Wk Of 2/4/19

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:

Nice set-up to short the Aussie Dollar on the 60 min chart.

Equity markets should be headed higher from here….this is the Dow futures I was looking at and the level I liked.

“W” pattern forming on

My TIMM Trading Pit Commentary – Wk Of 2/4/19

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:

Nice set-up to short the Aussie Dollar on the 60 min chart.

Equity markets should be headed higher from here….this is the Dow futures I was looking at and the level I liked.

“W” pattern forming on