The Long Investor

$CSCO

Reported earnings yesterday too and it was a double beat, up +6% now in the PM

Price has also held its 0.618 Fib for the last few months and the price action has moved up to its 200 Day MA no...

TWEET: $ULTA

**On the weekly chart, previous chart that we normally use is the daily chart

Buffett added $ULTA...

$ULTA

Buffett revealed yesterday that he has started a position in $ULTA, based on strong fundamentals and a hedge against the market....cosmetics tend to perform quite well during a market decline.... 2024-08-15 10:17:29 +0000 UTC View Post

$NKE TOP 20

Needless To Say there are no changes to our $NKE chart and Bill Ackman has confirmed what we already thought about $NKE as a long term hold.

Bill likely bought $NKE before the start of June, ...

$DELL

Impressive bounce on its 0.618 Fib, a common sight right now for those stocks that have pulled back a lot stronger compared to the market.

Big test coming up for $DELL shortly

Price is ...

$LI

People are upset at $NIO and their management but imagine being a $LI shareholder, where management have exceeded all expectations and have delivered outstanding numbers each month and the share pr...

$CURE

Who is adding $CURE?

This would be added as a safe haven if it wasn't leveraged, I just can't recommend a leveraged position like this as a safe haven.....but saying that, some members will ...

US 10 YEAR

10YR continues to move very bearishly, confirming our $TLT hypothesis, that smart money continues to prepare for market weakness.

A lower low here further confirms the downward trend and our ...

$TLT - SAFE HAVEN -

Very nice bounce so far between the 0.38 Fib and the 0.5 Fibs.

On the daily chart, there is only 2 clear waves and we need to see 3 for a Wave 4, so lets not be too surprised if we get anothe...

$GOOG TOP 20

$GOOG is hurting today because the DOJ have said that a decision might have to be made on $GOOG after an important anti-trust ruling....in simple terms, they have a monopoly on phones search capabi...

$BTI - SAFE HAVEN -

$BTI has probably been the most impressive safe haven along with $CL and the health sector

It continues to move very strong from $27 to $36 but also awards an 8.1% dividend payment too and lo...

$DDOG - RC -

$DDOG did get caught up in the market sell off but like a lot of stocks, it too managed to hold at its very important Fib support level on the 0.618 Fib leading to earnings and after a double beat,...

$SE TOP 20

Fantastic chart and fantastic bounce on the 0.5 Fib straight after the H&S pattern completed and moving very well in this Wave 3 now after a post earnings bounce.

No changes to the chart ...

$SHOP TOP 20

I have a position in $SHOP

I have completed 3 buys now

I am also up over 10% over here too

But I am not rushing into my next two buys just yet because of this observation and the ...

$HIMS - WATCHLIST -

Is top of my list to add right now, since I have already added $AMD this week.

If we got a clean test of the 200 Day MA or the 0.5 Fib at $14.24 then I would have bought already but the price...

$TGT

Earnings are out shortly and the price has been holding on the 0.618 Fib now at $133 for 7 sessions, market is giving $TGT every opportunity to move higher ONCE the earnings come in positive with n...

$SPY TOP 20

How fitting is this?

There are no changes to the chart uploaded since last weekend ot the weekend before that.

Price has bounced back up to the 50 Day MA which is also the retest level...

$NVDA

No changes here but it's an important day for the market as we wait for the CPI print in just under 2hrs (1330EST)

Price action has run strong up to the the descending wedge level and leadin...

$ETH

$ETH has formed an ascending triangle since finding support on its 0.618 Fib at $2105.

We can see clearly that a series of higher lows have been made, with a top line at $2730, price is looki...

$AFRM

$AFRM is showing relative weakness compared to $PYPL and $SQ right now, it is moving more like $SOFI, struggling to find confirmed support and in a downward trend.

The price is still holding ...

$LULU - RC -

$LULU is in good company right now, it too is holding on its 0.618 Fib at $226 and has showed some strength here so far, it goes without saying that the price must hold above this level now or the ...

$UNH

$UNH continues to show relative strength and has been treated as a safe haven for many members in this group, along with $XLV (healthcare ETF)
Price has tested the blue support line for 3 days a...

$TDOC

I was asked about $TDOC this week and with its current set up, I think everyone should steer clear of this

I am seeing no signs of a reversal but a strict downward trajectory

It is not ...

$SPOT

I do not see any other alternative for $SPOT here, the chart has not changed and it continues to move on its own accord and push higher.

$SPOT is unbeatable and even the great $AAPL is strugg...

$SLV - SAFE HAVEN -

$SLV moves exactly with Silver so if you are not able to buy Silver as a commodity from your broker, this ETF is perfectly fine to buy as an alternative.

It is identical, so you can follow th...

$RIOT - RC -

Miners have been under a lot of pressure lately as crypto has been moving with the market weakness.

There are signs that the worst may be behind for crypto but $BTC will need to get above the...

$PATH

$PATH has now done a full cycle from the November 2022 low at $10 to $28 in early 2024, to dropping down all the way to $10 again this month.

$ARK was adding all the way up and has accelerate...

$NU - RC -

$NU reports after the close today and there is no changes to our count, I have added in the amber Fib levels but Wave 5 has not changed, this is where we expect a pull back and that is what happene...

$BABA TOP 20

I detailed at length why I believe $BABA is looking bullish now during the weekend review and we have started the week off strong here too, pushing to a higher high above $81.

All that is lef...

HSI

HSI finished the day above its 200 Day MA, pushed on by the positive movement of $BABA and $PDD over the last few days.

$BABA and $JD report this week and they can influence the market here, ...