The Long Investor

$GME - RC -

A few members are in here as a high risk play in case there is a short squeeze but we can see that the short squeeze movements of 2020 have not happened to that extent since and I would be surprised to see them happen here again.

There have been 20-25% jump days but these jumps were used to...

$SE TOP 20

A new high was made today which tells us that the bulls are pushing this higher leading up to earnings so there is optimism here that the earnings report will be a positive beat.

The report is out before the US market is open tomorrow, the best case scenario will be a high above $48.30 tomo...

$FSR

Earnings after the close today after taking a very big hit last week for delaying their report by a few days.....the price came down and I could not ignore the opportunity, considering I have been holding this already for a number of years, I decided to add.

$FSR is very close to its descen...

$NIO TOP 20

I haven't uploaded a longer time frame chart of $NIO in awhile because it is not clear if we have reached the bottom at $7 yet, this week $NIO is very close to testing the $7 June low and any bad sentiment in the market could bring this down.....especially if $TSLA breaks down after getting rejec...

$SOLUSD

$SOL has gone parabolic.

Our first chart was from the 31st of October and it was at $36, 14 days later it tops out at $64, bursting through our blue line and first target and you have got to imagine that the second target will eventually be hit.

I would not mind seeing this happen to ...

$ETHUSD

Has cleanly broken out of the bull flag and above the blue line now, has just held short of making a new high here from April '23, but I suspect this will have no issue breaking above this level soon.

Wave 3 as always is targeted to go to the 1.618 Fib which is at $2956 here, I have this ha...

$SPY TOP 20

$SPY has shown the importance of time in the market, as opposed to timing the market, over the last few months.

Back to +16% performance for the year now and the price is now back to early Sept levels, erasing all of Sept and Octobers losses in just 10 days in November.

The price also...

$TSLA TOP 20

$TSLA remains one of the mega caps that is still struggling with its 200 Day MA.....even $NVDA, which had formed a Head and Shoulders pattern, with a large gap closely underneath it and although it broke down from the H&S neckline, it was able to break out of what is probably the most bearish...

$SE TOP 20

$SE report their earnings before the US market opens on Tuesday and it goes without saying that this is an important one for them.

They need to show strength, that their pivot is working and there can be no surprises....as we saw what happened after their last 2 earnings reports.....a very ...

$QQQ TOP 20

The chart says it all really, very strong aggressive bounce since the 200 Day MA, with not a single pull back yet, nothing that we can justify, the price has bounced out of the bull flag too and had very little resistance from the top trend line as well.

This subwave 1 of Wave 5 is quite lo...

$PLTR TOP 20

$PLTR had a strong week, lead by the tech sector surge towards the end of the week,

The two bounces on the $13.50 yellow line do not look great but lets see how it behaves over the next few sessions, I have left the chart as it is.

My concern is that the waves are overlapping each oth...

$NKE TOP 20

There is a common theme from our Top 20 list.....all good companies that have declined over the last 3 months have come roaring back strong, $NKE is now back to its price it was at in June, erasing all declines over these months.

However, I think the bulls and holders here would still like ...

$MSFT TOP 20

$MSFT continues to lead the pack here and made an All Time High this week too with a very impressive show of strength.

Continues to look strong and it may challenge $AAPL's position of having the highest Market Cap soon.

The price action has come right up to our Subwave 3 level now, s...

$INTC TOP 20

$INTC has moved with the other large Semi companies and is looking strong here too with $AMD and looking comfortable above the top of the ascending triangle as well.

A retest of the top line of the triangle would be the ideal scenario here to show support.....similar to $AMD testing the top...

$GOOG TOP 20

$GOOG has been moving very well here since bouncing on the 0.38 Fib at our Wave 4 level and just above its 200 Day MA.....it found resistance at the 50 Day MA on Friday and I would like to see this come down next to the small white fib levels as shown between $127-$126 to find support next.

$F TOP 20

$F is certainly a concern here, the rejection at the blue line, which was a support line in July 2022, has now been flipped to a resistance level and it got a firm rejection at this level during the week when it was tested.

White Fib levels show potential support levels but I would not be r...

$DIS TOP 20

$DIS chart from last weekend was a complete success.

Aggressive bounce after their earnings release and the right shoulder looks complete now, as the 200 Day MA has been acting as a resistance level for now at $92.

This is now showing a triple bottom on the Covid low line around $78, ...

$COST TOP 20

$COST has raised its head above the channel trend line at at $575 and has looked promising to break out this time after making a higher low.

The variable here is how the market behaves to the Moody's downgrade on Friday.

I think if the price action can hold above $575 or get above the...

$BTC TOP 20

It goes without saying that I am very happy about this chart, nothing has changed here in months and it continues to push higher to our Subwave 3 target at $42k.

I don't think Bitcoin has caught the attention of a lot of our members yet but some of the small cryptos have and even a small ad...

$BABA TOP 20

Earnings are due this Thursday before the market opens.

What I want to see is more of the same from the August report which solidifies their growth trajectory and I would like to see more growth in their outside of the China sales, which was a key metric from their last earnings.

No s...

$AMD TOP 20

The strength of $AMD and $AMZN have been very impressive and leaving no gaps behind. I have not changed this chart and Wave 1 remains at this level at $132 but it is getting there faster than we had projected.

It is looking like, if a pull back comes here before our Wave 1 target, it will c...

$ABNB TOP 20

The bulls and bears are fighting here on the yellow trend line.

A trend line that has been defended by the bulls since July when it got flipped to support.

I can not confirm the bull case until the 200 Day MA slightly about at $125 is converted to a support level, until then, this can...

$AAPL TOP 20

Who could have ever doubted $AAPL?

It was a buy at $172, it was a buy at $165 and a buy below the blue line.

I heard very little people talking about buying $AAPL over the last few weeks, I focused on $AMZN but this and $MSFT were just as good to add.

Moody's downgraded the US ...

$SPOT - RC -

$SPOT had a very good earnings this week, they beat their EPS estimates by 247% which is a far cry from the miss on their EPS in July by -145% which tanked their share price.

However, there is no changes to this chart as I can only see one bounce in this ABC correction right now.

If a...

$JPM

$JPM has gotten in on the action too and has also got above its 200 Day MA and looks set to finish the week above the 200 Day MA too.

This is a big statement for the banking sector and we can also see that $BAC may have bottomed after finding support on its 0.78 Fib, which was also our Wave...

$JBLU

I am not going to lie, I certainly had an urge to chase this after it went from $3.40 to $4.35 over the last week but this was a good test for my discipline.

As I have been waiting for $AMD and $AMZN to pull back too.

As always, the pull back has come and we are watching to see where ...

$TSM

I added this yesterday and said $TSM has not run yet as well as $AMD and it was testing the 200 Day MA, it has today broke out of this resistance level and has run 6%.

This has been a really good move by $TSM and my opinion remains the same, it is a fantastic company and I believe in it lon...

$IWM

$IWM is the Russell 2000 ETF which is made up of small cap stocks and we can see that $IWM has held on the bottom green line and bounced but it is nowhere near as aggressive as what we are seeing from the $SPY and $QQQ....so as I suggested in the chat forum, the Mega Caps are leading the way and ...

$ONON

Has started its pullback as it got rejected at the 200 Day MA at $28.50.

I have added in the green Fib levels now to show where support can come.

I want to see support comfortably held before suggesting to add here.

A pull back comes in 3 waves, so far we can only see one wave i...

$SOLUSD

This has gone on an incredible run and has now bounced from a low in June at $12 to our first target at $55 today.

I would not be chasing here and I would be watching for a pull back to preferably at the blue line at $38 before adding.

Cryptos are having their moment right now, their ...