NFTRH+; A Boring Stock in an Exciting Pattern

Back in late December I added a boring drugstore (WBA) for a trade that worked well off the bottom. Here is another boring drugstore in a different type of setup, having been bullish since November but attempting a significant breakout. Let’s look at the daily, weekly and monthly charts for some perspective. CVS daily has created tentative support at 75 by taking out the last … Continue reading NFTRH+; A Boring Stock in an Exciting Pattern

Aerospace & Defense Sector Works on Changing Trend

Aerospace & Defense sector is doing well lately I originally entered this space per this NFTRH+ update (now public) as a potential trend changer. It’s another ‘so far, so good’ situation. The pattern has continued on, but it needs to clear the November high and leave it behind in order to make a clear trend change. NOC was added for this bowl pattern, needing to … Continue reading Aerospace & Defense Sector Works on Changing Trend

Hedge Fund Blows Up, Banks Get Whacked

Archegos Capital Management Gets Margin Calls, Defaults I sense an opportunity of some kind here as a hedge fund blows up and exposed banks get hammered. Now, if I can only figure out what that opportunity is. Banks warn of ‘significant losses’ as they exit positions with large U.S. hedge fund It’ll take some time to settle in, but it feels like buying the Pigs … Continue reading Hedge Fund Blows Up, Banks Get Whacked