Go Places
Hi Shoppers, Norwegian Cruise Lines (Ticker: NCLH) looks like it has just bounced off a supporting line: Monday’s candle is also a doji with a strong bullish green candle following. I think NCLH can trade back up towards $29. Looking at the options I like the Oct22 expiration. It is just before NCLH earnings date […]
A Chicago Institution
Hi Shoppers, I am just hearing that a Chicago institution is closing soon … for good. Yes, our beloved Ceres Cafe located in the lobby of the Chicago Board of Trade has become a victim of a combination of exchange floor closings and Covid. Ceres is named after the Roman goddess of […]
Have Your Wine Delivered
Hello Shoppers, My trade idea today is in United Parcel Service (Ticker: UPS) which reminds me of my favorite wines. That is because I order wine online from Dry Farm Wines and UPS delivers it to my door. Dry Farm specializes in organic wines from grapes grown on family farms (as […]
Sayonara September
Hi Shoppers, I think Apple (Ticker: AAPL) will trade higher from here, and here’s why: See that hammer? It’s a beauty! It has a small real body and a long tail, or lower shadow, and it is at the bottom of this down trend that began September 8th that brought AAPL down 9%. Looking at […]
Head and Shoulders Pattern
Hi Shoppers, I am seeing an inverse head and shoulders pattern in Delta Airlines (Ticker: DAL): I think DAL can continue to trade higher from here. I think it can trade back to $48. With the crazy moves we’ve been having, especially yesterday, I will watch this closely before buying my […]
Missing Football Sunday
Hi Shoppers, Let’s take a look at the MGM Resorts (Ticker: MGM) stock chart: I am seeing a double top at $45.35 and a doji in Friday’s candle. I think MGM is ready for a pullback from here to at least $42 — maybe even $40. Looking at the […]
Show Me the (Big) Money!
Hi Shoppers, I am looking at the Draftkings (Ticker: DKNG) stock chart and I see a doji in Friday’s candle formation. This could be signaling the end of this downtrend that started on Sept. 10 after trading a high of $64.50. I am also seeing short term support at this level. DKNG closed on Friday […]
Which Way Will We Go?
Hi Shoppers, There is a lot going on in the markets this week. We have had a somewhat significant pullback for the first time in a long while. Actually, since March of this year. The SPDR S&P 500 (Ticker: S PY) traded to a low on Monday of $428.86, which is […]
Last Chance + My Pfizer Play
Hi Shoppers, At the time of this writing, the market is down significantly. Looking at the Pfizer (Ticker: PFE) stock chart, it is holding up very well. PFE has traded down since its high of $51.86 on August 18th, closing Monday at $44.20. I think PFE is ready to bounce here. If it opens […]
Toot Your Horn
Hi Shoppers, If you don’t toot your own horn, who will, right? So I need to brag a bit … I promise not to make a habit of it. Although, I will continue to bring you high-quality recommendations on inexpensive options with short hold times. Stick with me and you can […]