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

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

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

Full Bear Mode in the $QQQ $NDX Right Now

Let’s F’in Go Baby! After being bullish at the lows on Christmas Eve I have been pretty Bearish since 7040ish and continue to remain so. With GDP set to be slowing Y/Y in the US equity markets are out of sync and this was a nasty short squeeze to the upside. With a break of the rising trend I am looking at continuous lower highs to continue here and the retracement begin back into the 200 day MA.

This NINE WEEK RALLY is long overdue for a pullback and whoever is buying after NINE STRAIGHT UP WEEKS are just looking

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

Crypto Contest February 27: Komodo

Komodo (Bittrex: KMDBTC) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Komodo began a wave one advance in March 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in June 2017, and the red wave two (blue sub-waves a-b-c) correction ended in November 2018. If this wave count is correct, Komodo should be heading next towards the June 2017 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Komodo provides multi-chain blockchain technology solutions. BlockWolf reviewed the platform in December 2018.

(Sources: Komodo and YouTube)

If you think

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

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

$NIO is a BUY!

I missed it, but I am watching like a hawk. I have seen this name a few times a did a little research this morning. I did not watch the 60 Minutes special on it but it gave it the boost over major resistance yesterday that it needed. The follow through today is large and I expect this to continue ahead as the momentum is intact and IPO highs are much higher.

Thanks to @allstarcharts for introducing this to me, “the longer the base, the higher in space”. This one is going up. You can see the immediate pump off

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.