The Long Investor

$SOFI

Earnings out today before the market opens and it is a good opportunity to view the long term chart again.

Price is testing the 200 Day MA from below in the PM now so this has not broken out ...

$SE TOP 20

$SE continues to be in a world of its own and moving as it feels fit but most importantly, following our count.

$SE dropped heavily in July '23 and has since been undervalued and consolidated...

$NIO TOP 20

$NIO is up over +20% now since bouncing on the bottom line of the wedge and since then the price has broken above the 20 Day MA which was also at the upper wedge limit.

The obvious test next...

$SPY TOP 20

I think we are all aware of the plan now, I spoke at length about this on the $MSFT chart and just now on the $QQQ chart so please read both charts to get further comments on my thought process goi...

$QQQ TOP 20

On the $MSFT chart I said how heavily correlated the $QQQ, $SPY and $MSFT charts are and I have added in the red 0.618 Fib on each chart and this is a very important level, along with the 50 Day MA...

$TSLA TOP 20

$TSLA has been on the good sign of earnings reports this season so far and the consensus is that the bad report was already baked into the share price, because their earnings report was not good ac...

$PYPL TOP 20

$PYPL also has its earnings on Tuesday and this time it is before the market opens which is a change of approach.....difficult to take what this means but certainly more volatility before the marke...

$PLTR TOP 20

$PLTR has so far held the 0.618 Fib for this Subwave 2 pull back of Wave 3.

Like I said last week, this was a wave 2 pull back so we always expect wave 2's to pull back between the 0.5 - 0.61...

$NKE TOP 20

$NKE Bulls and Bears are certainly aware of the significance of this yellow support/resistance line as the price continues to test from below now.

One rejection so far but there is nothing st...

$MSFT TOP 20

$MSFT is the Mega Cap this is most correlated to the $SPY and $QQQ right now.

Its chart is almost identical to the market

Which is a good sign because it gives us more insight into...

$INTC TOP 20

$INTC's earnings this week confirmed that it was struggling and missed on revenue. The market was not kind and the share price fell -10% while the other large Semi players managed to hold their str...

$GOOG TOP 20

My big apology commentary was added on Friday before the market opened and I think it is worthwhile to admit when a chart has completely stumped me....and that dividend and share buy back strategy ...

$F TOP 20

$F had its earnings this week and it was a mixed bag.

They beat on earnings by 14% but missed slightly on revenue by 0.36% but the market was kind on this slight miss.

Price managed to ...

$DIS TOP 20

$DIS continues to be a very well behaved chart and as easy to read as they come.

Also a clean test of the 50 Day MA this week which was also the 0.236 Fib and a clear rejection at this level,...

$COST TOP 20

$COST has tested its 50 Day MA from below twice now and both times it has been rejected to finish the week.

It continues to find support on the 0.236 Fib but a double rejection would not fill...

$BTC TOP 20

I spoke about $BTC during the week and over the weekend and we observed the rejection and the 50 Day MA as a significant event and a possible insight to how the US market will behave this week but ...

$BABA TOP 20

$BABA was covered on Friday because we got the wedge breakout, a wedge that has been in place since Jan 2023.

So this was a significant event.

As always we want to see a retest of the b...

$AMZN TOP 20

I wrote a detailed commentary on Friday on $AMZN because we needed to examine whether there was a possibility that this too could move like $GOOG and go higher again so please check that commentary...

$AMD TOP 20

$AMD is one of the big ones we are watching this week on Tuesday, it finished the week strong and held on the 0.618 Fib. $NVDA also held well to end the week too.

$AMD has had a very strong p...

$ABNB TOP 20

$ABNB came very close to losing its $155 level during the week but managed to hold the level superbly and even finished the week bouncing on the 50 Day MA....so there appears to be some rotation in...

$AAPL TOP 20

After $GOOG's enormous jump this week, it puts further emphasis on how weak $AAPL has been but when we look at the chart, although it has lost the 50 and 200 Day MA, the price only went slightly be...

ANNOUNCEMENT - VIDEO COMING SOON

I have been experimenting with some videos lately and will start adding some soon for all members.

For two reasons:

1. For educational purposes, it is easier for me to talk thro...