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MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN GOOGL, AAPL
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S&P 500 (SPX)
The S&P 500 cleared resistance at 2,752 today and you couldn’t ask for a better setup going out on a Friday afternoon ahead of the G20 meeting between US and China. It could result in a push on toward 2,820 by the middle of next week. At that point we will find if we rally into the year-end or fade. 2,820 will be the line in the sand.
Russell (RUT)
The Russell 2000 is also trying to poke through resistance at 1,533.
Facebook (FB)
Facebook cracked $140, and that may set the stage for that move to $148.
Alphabet (GOOGL)
Alphabet continues its push towards $1135
Subscriber Mail Bag
It is Friday, and that means its time for the subscriber mailbag. I’m going to do my best to answer as many questions as possible. But if I should miss your question feel free to resubmit for next week.
Remember I am on Q&A in my premium chat room on StockTwits to answer your questions all week long with updates. If you use the discount code RTM1, you can get 25% off your first month.
1) The first question was for me to look at the charts of AVGO, FIVE, and AMGN.
Broadcom has a bullish setup, and I think if it can clear that long-term downtrend around $240, you may see a rise to about $251. That is the next major level of resistance. Get through $251, and you are off to $275.
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Charts used with the permission of Bloomberg Finance L.P. 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.
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Charts used with the permission of Bloomberg Finance L.P. 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.
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13:15
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#sp500 #stocks #stockmarket #cpi #fed #qqq #spy #rates
Charts used with the permission of Bloomberg Finance L.P. 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 VVVNT0lJcjFvb1JzU3VrUEw3cktOcjBWSFEuUVktWUdhVzBpeDQ
Amgen looks like it ready to make a new all-time high. A rise above $210 could push it to $225.
Five Below, the chart looks lousy. $96 is my guess.
2) What does a well-diversified portfolio look like in the time of a trade war and rising rates? Well, we just went through that period, and you can see that nothing was safe. So I think it should be based on your time frame and how much pain you can stomach. I just really try to keep it simple and not get emotional.
3) Nvidia – I do not like this stock presently. Can the shares rise to $170 sure. Is worth paying a multiple that is double the sector? No. What is the catalyst for this stock to go higher? For now, I don’t see one.
4) What impact do Algo’s and ETF play in the recent sell-off on stocks like Amazon and Apple? The effects are great in my opinion. Remember for the most part algo’s are pretty dumb. VWAP and participate algo’s go with the flow just trying to keep pace with volume. ETF’s are merely a basket of stocks so when an ETF falls it puts pressure on the shares in the ETF basket. When the stocks fall, the ETF’s NAV falls, and then the ETF needs to sell the holdings in the basket putting even more pressure on the stock. Then you get a negative feedback loop. Throw in the dumb algo’s, and you get the steep declines we have saw, in my opinion.
5) What are some predictions for 2019 in the S&P 500? You will have to wait. I come out with my list of 10 predictions ever year throughout December.
6)  Next was a question on Intuitive Surgical? I don’t know much about this stock, so it not fair for me to comment. I will take a look a get back to you next week, sorry.
7) How do I have so much time for blogging? I don’t know. I enjoy it, so I make the time I guess.
8) Next question was on the Santa Claus rally. Lets see what happens with the G20 first.
By the way, I only answer one question per week from the same person.
Have a great weekend!.
Mike
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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 results
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Charts used with the permission of Bloomberg Finance L.P. 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.
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