The Long Investor

$IWM

$IWM showed bullish moves and going against the general market in Julyh but when the sell off came, every position and sector got targeted, some more so than others but $IWM fell in line with $SPY ...

$PFE - WATCHLIST -

$PFE continues to be one of the safest places now to add.

We wanted to see a pull back after hitting the $31 level at the 2.618 Fib and now we have it, pull back came down to the 50 Day MA an...

$JMIA

-47% down today after a double miss and lower growth compared to last year and today or this week was probably not the week to report something like this.

Non-profitable companies will be und...

$BABA TOP 20

Whether you have accepted it or not, $BABA has not declined over the last month it is exactly at the same price it was at on the 11th of July.

It did not drop 10-15% with the US market or -40...

$SHOP TOP 20

We got our test of the 0.618 Fib yesterday, this is a common sight right now and a test and hold on the 200 Day MA, price hit $48.56 and managed to finish the day holding at $52.

Earnings are...

$BIDU

$BIDU and $BABA did not experience the same violent sell off at the opening yesterday and $BABA finished -0.6% for the day but $BIDU suffered a heavier finish at -2.5%

The wedge was lost but...

$COIN

What we know now for sure is that $COIN and $BTC move together and they unfortunately move with the market too, however it does look like they are ahead of the market, as there is 3 clear ABC moves...

$CELH

$CELH went within 1 cent of the 0.618 Fib which is always an incredible sight to see, especially as it was on the day of its earnings and held.

They then reported earnings and it was a double...

$V TOP 20

$V has now rejected at its 200 Day MA which we spoke about in Sundays update and has now pulled back all the way towards the blue support line again at $252, price got as low as $254 yesterday too....

$DELL

Interesting to see that both $AMD and $DELL have both held on their 0.618 Fib which would possibly complete their ABC correction if the price can continue holding above this level now.

I only...

$AMZN TOP 20

Ok, it is now entirely possible that $AMZN has completed its Wave A count now, it has fallen very aggressively, losing its 50 Day, 200 Day and even going as low as in between its 0.38 Fib and 0.5 F...

$SPY TOP 20

There was no way I could have predicted Buffett would sell 50% of his $AAPL holding, or that the Nikkei would collapse and fall -14% today, we followed the charts and the indicators we use to build...

$QQQ

Cramer ironically made a very solid statement today, large declines like what happened today usually do not mark the end of a move, there will be some relief and then a flush down and we will still...

$AMD TOP 20

$AMD has done what we have asked of it and just because you did not add at $121 today does not mean you missed anything, I would rather see you staying composed and waiting for confirmation of supp...

$PLTR TOP 20

$PLTR reported after the close and it was a double beat, impressive growth and raised guidance and the share price is up +12.5% in AH trading on the strength of this news.

Market collapsed ea...

US 10 YEAR

When the yield drops, bonds go up and the stock market comes down.....this is the theory.

And so far, the theory is playing out.

We involve all metrics when coming to our conclusion on ...

$TMF - SAFE HAVEN -

$TMF has been the leading safe haven so far, although it is 3 X leveraged of $TLT, but when the US 10 YEAR drops, $TLT climbs and $TMF multiplies this climb.

The US 10 Year has just given us ...

$HIMS

$HIMS reports after the market closes today and opened in the PM down -9%.

We need to revert back to my original $HIMS chart because this pull back is behaving like an ABC correction and not ...

$VIX

Has certainly broken its trend and is giving us signs of panic in the market, a break above 30 is usually an indication of a correction and above 38 we are starting to see signs of capitulation, 41...

$SQQQ

$SQQQ is looking like it is getting its moment.

I have added in an impulse wave now and Wave 3 should bring the $SQQQ up to its 200 Day MA for a test at $12.20

If we can see $SQQQ move ...

$NVDA

Dipped below $100 today in the PM and showing a large weakness compared to the other Mega Caps in the PM now too.

$88 on the 0.38 Fib is the level I am watching for support to be held, I do n...

SILVER - SAFE HAVEN -

This is what a store of value looks like.

Holding while the market is capitulating and doing its job as a safe haven.

We will watch to see if there is a retest of the 0.5 Fib and if thi...

$ETH

Crypto just got annihilated when futures opened last night and the Nikkei began to sell off.

Pull back has been severe across the board and breakdowns are clear.

There is a small infrin...

$SPY TOP 20

$SPY bulls were doing a good job before Thursday, they were able to hold up the price above the 50 Day MA after a number of tests and looked like they were about to survive the earnings storm and c...

$QQQ TOP 20

$QQQ got the retest of the 50 Day MA from below on Thursday after a relief bounce came and once the price hit this level, it rejected hard as some economic data was released and when $AMZN reported...

$V TOP 20

Our new addition to the Top 20 List has done incredibly well to start.

We spoke about an opportunity to add $V directly after its earnings when it tested the $252 support level and bounced ve...

$TSLA TOP 20

$TSLA could not hold on the outside of its wedge this week, after putting up a good fight at the start of it, the weak market sentiment was too strong and the price action flushed down to its 50 an...

$SHOP TOP 20

This chart has been uploaded multiple times now and I am sure everyone is aware that the yellow trend line did not hold and the 0.618 Fib at $49 will be the next level to test support.

$SHOP ...

$SE TOP 20

$SE got the retest of the $67 level from below this week and rejected at it, forcing the price action to drop hard and move down this H&S pattern.

The 200 Day MA is moving up to the 0.5 F...

$PYPL TOP 20

$PYPL got the God candle after it reported on Tuesday after a double beat and improvement across all metrics.

We spoke during the week that the bounce is unlikely going to go above the $68 le...