Unusual Options Activity In Bed, Bath and Beyond

I was expecting Bed, Bath and Beyond to sell off in January after announcing earnings.  But the stock price went the opposite direction, jumping nearly 17% on the back of earnings.

The company’s announcement of relatively unchanged earnings guidance between fiscal 2018 and fiscal 2019 was the main reason the stock rose that day.

Five months ago I wrote a post titled,

Stay Away From Bed Bath and Beyond…They Has Been Amazoned

It’s very apparent their business model of marking up prices than offering discount via coupons isn’t working, nor driving traffic to their stores. Bed Bath & Beyond Inc. has 1,024 stores

Home Depot Does It Again

It’s no secret I have been bearish on the Housing Market for many months.  I specifically wrote a post about Home Depot four months ago,

Finally Added Home Depot and Lowe’s To My Short List

Credit Suisse downgraded the Home Depot and Lowe’s yesterday citing slowing earnings growth due to higher interest rates weighing on home affordability.  I have been talking about the housing market turning sour for months and was just waiting to add the home improvement retailers to my short list.

Even shorted the housing ETF, XHB a while back,

but when Fed Powell said he was putting interest rates on hold,

Crypto Contest February 28: Bytecoin

Bytecoin (Poloniex: BCNUSD) 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, Bytecoin began a wave one advance in November 2014. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018. If this wave count is correct, Bytecoin should be heading next towards the January 2018 peak in the red wave three.

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

Funnymentals

Bytecoin is a private, decentralized cryptocurrency with an open source code that allows everyone to take part in

The “Golden Cross” Quest: LTC, BNB and EOS

Some days ago I talked about that LITECOIN and BINANCE COIN were presenting an accelerated approach to what is called “GOLDEN CROSS” milestone. You can read my assessment on those Cryptos here and here .

Now I would like you to attract your attention as well on EOS.

As it occurring with LTC and BNB, EOS is setting up a bullish approach to the Intersection between the 200 Day Moving Average and the 50 Day Moving Average.

EOS price has already crossed the 200 Day Moving Average 10 days ago, which is a very good signal, and I suspect we are going to

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

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

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