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Buy UNH (UnitedHealthcare)
This stock is right at previous support levels. I think you can buy it here (At 25.85) for a trade and Sell it when it gets to $30. Any positive news from ObamaCare will send these stocks up quickly. They are very volatile.
S&P Key Level
I am still watching the 1076 level today. I think it is very key for where we go. IF we hold we could extend to 1120 in the next couple weeks, if not we could go lower to around 1050
I like WYNN
I think with the recent casino stock pullback is an opportunity to get in for a trade. These casino stocks are very volatile. I think WYNN’s growth in china will take this stock to $75, Thats where you take profits and wait for another pullback.
Buy Potash (POT)
The stock is very low valued on a valuation basis. I recommended on my site at $91, but i think on any pullback you can get in. The Company recently lowered forecasts so a lot of bad news is already reflected in this stock. On the Charts, it seems like it has trouble getting above $100 the last few months. You might want to wait for a slight pullback, But I do believe that demand from China will drive this stock to $115.
S&P Predictions for this week
I think this week we have to watch the S&P Level of 1076 which was previous resistance. We may test that level this week. IF we rise after that, the S&P will probably go to 1120. There are many companies in the Tech, Industrial, and Oil Sectors reporting next week. However, If the market opens up on Monday and gets a good uptrend going We will probably go to 1120 without testing the 1076 level.
If anyone has a website and is interested in doing a link exchange with me please email me @ longtrader782@yahoo.com
I would Buy GS on the Dip Today. I would take profits in Citigroup if you are a trader.
I still think Citigroup can reach over $5 After Earnings.
Hey Everyone, I still think Citigroup can reach over $5 after earnings as i said im my weekly youtube video sunday. C was very strong yesterday when most banks were down. I think they will report a profit
Buy Wells Fargo & Company (WFC) I think this is one of the better run banks, On the charts it seems to be ready to break resistance around 29-30. I think this stock goes to $40.
Occidental Petroleum (OXY) I think the acquisition of Citigroup’s Oil Trading unit will be great for this company. Based on the previous earnings of this unit, OXY Should make back what they paid for this in less then a year. THe stock is also cheap on a valuation basis trading at 15 Forward P/e at the time of the recommendation. The stock might be under a little bit of pressure due to the acquisition, so you might want to wait for a pull back before getting in, but I think the stock can go to $100
Hey Everyone I think the S&P will go to 1120 This Week. Which will be a 50% retracement from the high of 1565 and the march low of 676. However It is important to watch the price action of the stocks that report this week. If we get AA style price action (Where a stock opens on its high and closes on its interday low) in INTC and GS, it may be a tell for the rest of the year. If that happens we probably will not reach 1120.
Hey Everyone, What is everyone favorite play into earnings next week?
Wells Fargo looks like its breaking out.
It broke a key resistance level around 29
Buy Gafisa (GFA)
This is a brazilian home builder. I Think Brazil is one of the better emerging markets and this is a possible 2016 Olympics play. On the Charts, it has a solid uptrend going
Does Anyone Think SIRI is Good Speculative Stock?
Anyone?
My View on the market
Here is my youtube video summering my short term view on the market. But I Do think the S&P will be over 1125 by the end of the year
Is Gs a tell for the rest of the market???
I'm not so sure the s&p seems to be hanging in there, it's down a little sense gs went negative but not too bad
Check out my YouTube stock picks video
I like Pulte Homes (PHM) when the Market pulls back
For a Moderate Risk play on the housing market, I think you can buy Pulte Homes (PHM), They recently merged with Centex Homes. They are in position to take market share from the weaker players in the homebuilding space. The Balance sheet is also in acceptable condition. You Might want to wait for a pullback, but i think this stock goes to $15
Short Term Top of the Market
I think the Market is in for a short term top. The S&P now appears to be in a downtrend. With lower highs and lower lows the last couple weeks. However, With the market down 4 days in a row I do expect a pop on monday 10/5. Although, I think that will be an opportunity to take profits. I expect the S&P to test the support level around 998. We will see what happens after that. We have earnings season coming up, if the earnings are good we will continue this bull market, if not we could break that resistance level. Also I think this earnings season the market will be looking for more top line revenue growth.
Close below S&P 1030.
Yesterday, I thought the S&P will go to 1030. It closed just below that, which concerns me. Although, I do believe most traders went to sleep short last night so any surprise in unemployment will send the market higher. If its a surprise i would Buy some of the picks i have on my website. Although if we get a worse then expected jobs #, we could test the previous resistance at 1000.
Everyone is so bearish.
We Hit S&P 1030 today, we closed there or a little below, which is the level i have been calling for.
Everyone on CNBC is so bearish. I think alot of traders are going to bed short tonight. I think any surprise in unemployment will send the market higher tomorrow.
S&P 1030 is very close. I predicated a couple days ago we will hit that. I think that if you want you can nibble away at the favorite stocks right now. However if it doesn't hold 1030 we might go and test resistance at 1000
Yeah while i do think we are going to 1030. The first level i will be watching is 1047. Thats where we bounced from yesterday and on Thursday 9/24, so a little short term double bottom formed.
Its Going Pretty Good, Just waiting for the market to open, Yesterday was Fun. Today I think might be a little wild too.
Im still sticking with my S&P 1030
I Still Think the S&P Goes to 1030. We will see what happens. If we hold their we will go higher, if not we might go to 1000.
I would Buy Ebay
It it one of the few nasdaq stocks that is undervalued on a Forward P/E Basis. It only trades at 14 times forward earnings (as of 9/30). The Balance sheet is also very solid. You might want to wait for a pullback but i think this stock can go to $30
Does Anyone know any good Biotech Names? I personally LIke GILD.
They are the swine flu stock
Keep on Eye on Citigroup.
I would keep on Eye on Citigroup Especially if it breaks and holds above $5
Does anyone Like SIRI?
Just wondering if anyone out there likes SIRI Long term?
My Predicitions for today:
Hey Everyone, I think today is a wait and see day. Yesterday was a very promising day the only thing that concerns me is that it was the end of quarter and low volume. It might be a head fake. If the market can hold the trend line today, I think we will continue higher and reach S&P 1150 by the end of the year. We also have home prices and unemployment coming out this week.
Citigroup
I Like Citigroup, I recommended the stock on my website at 4.15, now 4.60, i would wait for a pullback, but i like this stock longer term
My Predictions for the S&P For This Week
I think the Market actually hung in there alot better then I thought on Friday, Everyone is predicting a big correction, but i thin we will only see S&P go to around 1030. Lets see what happens when we hit that, If we hold it, we will continue higher.
I think you can Sell OIL or oil High Beta Oil Stocks
On 9/25 we had Geo-political tensions in iran, Goldman Sachs reinstated their $85 Price target on oil and yet oil barely moves up. I think the market is telling you that oil is moving down. I would take profits in the high beta energy stocks if you are long them. Wait to the commodity to trade down to around $60 or just below $60 before buying again
I think we will have a pullback Monday but it will be very small. I think we trade down to 1030 in the S&P and then resume the upward trend.
Yeah I think that market will pull back to 1030 or so on the S&P
Please note that all information on securities I provide is merely my own opinion and any advice given is purely speculative and should not under any circumstances be considered investment advice. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation.
p.s. im new here, i messed up on my signature thats why i put the disclaimer in the body of the message. but that wont happen again sorry about that.
My Predictions for Next week:
ALot of people on CNBC are making a bigger deal about this reversal then they should. However the market had a strong reversal on 9/23 I expect a 2-4 % VERY SMALL CORRECTION. If you are investor, wait for the dip to buy again. I would also take profits in such retailers like J Crew (JCG) and Macy’s (M) that have run so much that they are overvalued on a valuation basis. I think the S&P Can go to 1030 or so.
Longtrader782
for more stock picks and info go to my website
http://www.quickstockpicks.com
Please note that all information on securities I provide is merely my own opinion and any advice given is purely speculative and should not under any circumstances be considered investment advice. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation.