Subscribe to receive this FREE daily commentary directly in your email
Michael Kramer and the clients of Mott Capital own Netflix
Michael Kramer owns SPY Calls
March 18, 2019
US Markets
- S&P 500 Futures 3.50 Points
- US 10-Year 2.59%
- Oil $58.22
- VIX 13.1
- Dollar Index 96.45
International Markets
- China Shanghai +2.47%
- Hong Kong HSI +1.37%
- Japan Nikkei +0.62%
- South Korea KOSPI +0.16%
- Singapore STI +0.40%
- UK FTSE +0.63%
- German DAX -0.20%
Global Markets
Stocks are rising sharply around the globe with China leading the way higher. Perhaps more important is that the UK FTSE is nearing a very significant technical break out. The index is trading right at technical resistance of 7,283. Should the index cross above this level of resistance it could go on to increase an additional 3% to 7,521.
US Trading
S&P 500 (SPY)
The S&P 500 will try to continue to rally today after a big session on Friday which saw the index reach fresh 2019 highs. The next level of resistance comes around 2% higher at 2,872. Meanwhile, should the index pullback the 2,800 region will offer a tremendous amount of support.
Russell 2000
The Russell 2000 should be watched closely. The index failed two times at 1,562. Support for the index comes around 1,538. But we can see from the chart the longer-term setup shows a giant wedge pattern forming which could signal a much more significant increase is coming, perhaps sending the index to 1,710.
Housing Sector (HGX)
The housing sector is also nearing a massive breakout and could climb to 295 in the short-term.
Boeing (BA)
Boeing is continuing to decline today down another 3%, on news that prosecutors and the transportation department are investigating how the FAA approved the 737 MAX. The stock is once again falling below crucial support again at $371. It once again increases the risk that the stock continues to decline to around $326.
Nike (NKE)
Nike’s price target was raised at Telsey to $95 from $92 ahead of its quarterly results later this week.
Facebook (FB)
Facebook continues its decline, nothing has changed here, and I am still waiting for that plunge to $149.
Alibaba (BABA)
Alibaba is lifting today along with many of the other names in China. The path for BABA continues to look higher, and $201 does seem possible.
11:19
Join this channel to get access to perks:
https://www.youtube.com/channel/UCIIr1ooRsSukPL7rKNr0VHQ/join
Please check out my content on Substack and Seeking Alpha:
https://www.navigatingthemarket.com/
https://seekingalpha.com/affiliate_link/Youtube81624
This report contains independent commentary to be used for informational and educational purposes only. Michael Kramer is a member and investment adviser representative with Mott Capital Management. Mr. Kramer is not affiliated with this company and does not serve on the board of any related company that issued this stock. All opinions and analyses presented by Michael Kramer in this analysis or market report are solely Michael Kramer’s views. Readers should not treat any opinion, viewpoint, or prediction expressed by Michael Kramer as a specific solicitation or recommendation to buy or sell a particular security or follow a particular strategy. Michael Kramer’s analyses are based upon information and independent research that he considers reliable, but neither Michael Kramer nor Mott Capital Management guarantees its completeness or accuracy, and it should not be relied upon as such. Michael Kramer is not under any obligation to update or correct any information presented in his analyses. Mr. Kramer’s statements, guidance, and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Michael Kramer nor Mott Capital Management guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment commentary presented in this analysis. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this analysis may not be suitable for you. This material does not consider your particular investment objectives, financial situation, or needs and is not intended as a recommendation appropriate for you. You must make an independent decision regarding investments or strategies in this analysis. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Before acting on information in this analysis, you should consider whether it is suitable for your circumstances and strongly consider seeking advice from your own financial or investment adviser to determine the suitability of any investment.
The video dives into the **stock market** reaction to Meta's recent financial data, focusing on their **cash money** situation. A detailed **meta analysis** reveals key insights for **investing** and understanding the broader **finance** implications, including the impact of **meta ai** on future projections and current **stocks**.
Join this channel to get access to perks:
https://www.youtube.com/channel/UCIIr1ooRsSukPL7rKNr0VHQ/join
Please check out my content on Substack and Seeking Alpha:
https://www.navigatingthemarket.com/
https://seekingalpha.com/affiliate_link/Youtube81624
1
YouTube Video VVVNT0lJcjFvb1JzU3VrUEw3cktOcjBWSFEuZm9wYlJWQWxwMm8
16:47
Join this channel to get access to perks:
https://www.youtube.com/channel/UCIIr1ooRsSukPL7rKNr0VHQ/join
Please check out my content on Substack and Seeking Alpha:
https://www.navigatingthemarket.com/
https://seekingalpha.com/affiliate_link/Youtube81624
This report contains independent commentary to be used for informational and educational purposes only. Michael Kramer is a member and investment adviser representative with Mott Capital Management. Mr. Kramer is not affiliated with this company and does not serve on the board of any related company that issued this stock. All opinions and analyses presented by Michael Kramer in this analysis or market report are solely Michael Kramer’s views. Readers should not treat any opinion, viewpoint, or prediction expressed by Michael Kramer as a specific solicitation or recommendation to buy or sell a particular security or follow a particular strategy. Michael Kramer’s analyses are based upon information and independent research that he considers reliable, but neither Michael Kramer nor Mott Capital Management guarantees its completeness or accuracy, and it should not be relied upon as such. Michael Kramer is not under any obligation to update or correct any information presented in his analyses. Mr. Kramer’s statements, guidance, and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Michael Kramer nor Mott Capital Management guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment commentary presented in this analysis. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this analysis may not be suitable for you. This material does not consider your particular investment objectives, financial situation, or needs and is not intended as a recommendation appropriate for you. You must make an independent decision regarding investments or strategies in this analysis. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Before acting on information in this analysis, you should consider whether it is suitable for your circumstances and strongly consider seeking advice from your own financial or investment adviser to determine the suitability of any investment.
1
YouTube Video VVVNT0lJcjFvb1JzU3VrUEw3cktOcjBWSFEuamJHV0FaM1VvUUE
12:41
Join this channel to get access to perks:
https://www.youtube.com/channel/UCIIr1ooRsSukPL7rKNr0VHQ/join
Please check out my content on Substack and Seeking Alpha:
https://www.navigatingthemarket.com/
https://seekingalpha.com/affiliate_link/Youtube81624
This report contains independent commentary to be used for informational and educational purposes only. Michael Kramer is a member and investment adviser representative with Mott Capital Management. Mr. Kramer is not affiliated with this company and does not serve on the board of any related company that issued this stock. All opinions and analyses presented by Michael Kramer in this analysis or market report are solely Michael Kramer’s views. Readers should not treat any opinion, viewpoint, or prediction expressed by Michael Kramer as a specific solicitation or recommendation to buy or sell a particular security or follow a particular strategy. Michael Kramer’s analyses are based upon information and independent research that he considers reliable, but neither Michael Kramer nor Mott Capital Management guarantees its completeness or accuracy, and it should not be relied upon as such. Michael Kramer is not under any obligation to update or correct any information presented in his analyses. Mr. Kramer’s statements, guidance, and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Michael Kramer nor Mott Capital Management guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment commentary presented in this analysis. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this analysis may not be suitable for you. This material does not consider your particular investment objectives, financial situation, or needs and is not intended as a recommendation appropriate for you. You must make an independent decision regarding investments or strategies in this analysis. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Before acting on information in this analysis, you should consider whether it is suitable for your circumstances and strongly consider seeking advice from your own financial or investment adviser to determine the suitability of any investment.
2
YouTube Video VVVNT0lJcjFvb1JzU3VrUEw3cktOcjBWSFEuUEZ3bHAxclFEVzA
IQiyi (IQ)
IQiyi is rising this morning too, and I think the path appears higher towards $30.
JD (JD)
JD is also rising in the pre-market and continues to point higher towards $30.
Netflix (NFLX)
Netflix should continue to be watched. The stock may have broken out on Friday, and if that is the case, then the stock could be on its way higher towards $380.
Amazon (AMZN)
Amazon also broke its downtrend on Friday, and that could clear a path to $1,770.
Good luck today!
-Mike
Photo From Flickr
Mott Capital Management, LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Past performance is not indicative of future. March 18
Subscribe to receive this FREE daily commentary directly in your email
This report contains independent commentary to be used for informational and educational purposes only. Michael Kramer is a member and investment adviser representative with Mott Capital Management. Mr. Kramer is not affiliated with this company and does not serve on the board of any related company that issued this stock. All opinions and analyses presented by Michael Kramer in this analysis or market report are solely Michael Kramer’s views. Readers should not treat any opinion, viewpoint, or prediction expressed by Michael Kramer as a specific solicitation or recommendation to buy or sell a particular security or follow a particular strategy. Michael Kramer’s analyses are based upon information and independent research that he considers reliable, but neither Michael Kramer nor Mott Capital Management guarantees its completeness or accuracy, and it should not be relied upon as such. Michael Kramer is not under any obligation to update or correct any information presented in his analyses. Mr. Kramer’s statements, guidance, and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Michael Kramer nor Mott Capital Management guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment commentary presented in this analysis. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this analysis may not be suitable for you. This material does not consider your particular investment objectives, financial situation, or needs and is not intended as a recommendation appropriate for you. You must make an independent decision regarding investments or strategies in this analysis. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Before acting on information in this analysis, you should consider whether it is suitable for your circumstances and strongly consider seeking advice from your own financial or investment adviser to determine the suitability of any investment.
Mega-Cap Volatility Persists Amid Tight Liquidity
Mott Capital's Market Chronicles 20 hours ago