BreakPoint Trades, Unparalleled Technical Analysis for your RIA, 401K and Daytrading needs. (2024)

I heard the same sh*t about the charts when it was at $5 (turnedout to be great entry) - bought 50,000 shares around that price -IF YOU WANT TO LEARN WHY IT's a GREAT SWING CANDIDATE CALLinstead of looking at just a weekly chart and then make an informeddecision. When the stock sold off in August, I simply wantedto inform others of the complete fundamental and technical backdropso that they could make an INFORMED DECISION. Whether they chose tobuy sell hold at that time when the shares were trading around $5was their prerogative but only after making an informed decision.The charts alone certainly didn't suggest buying at that time. Ichose to buy that pullback aggressively and stated so here whileothers were downtrodden so that they would consider contacting meto get a complete overview as I volunteered. Afterwards, they wouldbe able to make an informed decision. Did your charts tell you tobuy at $5 last month? You posted an obvious double top chartwell afterwards but nothing on your chart indicated buying.Point being, is to consider All facets prior to makingproclamations longer term. Charts are one valid piece but arenot the only thing.

By the way for full disclosure I purchased over 500,000shares last year when the chart sucked around 50 cents (pre-split)as the company was in the early formative stages - the reason tobuy was purely fundamental as nothing whatsoever on the chartsuggested buying at the time, by the time it did the stock hadalready tripled. Let's be clear, charts are only onepiece of the puzzle especially on thinly traded relatively youngcompanies and for one to say the easy money has been madewithout any clue about what's in the pipeline on an earlystage company is something that I must dispute. Takeheed, as this industry will be transformed over the nextdecade and smartcarts will be a major force in this industryoverhaul. Make no mistake, there will be others in the fraybesides A2Zs smartcart as the industry is far too large but for nowthey are the ONLY cart is operation in the real world AND they havetremendous partners in NCR, ZBRA, Accenture, Wanzl, Toshiba. There will also be hurdles along the way for management to overcomewhich investors must monitor as well as general stock market risk.Thus one may need to employ hedges against such investments.

In summary , I never posted this stock to buy here in thecommunity as a story stock (Matt did as a trade setup and it ran up75% which was outstanding) but some were concerned with theirremaining shares last month when the stock retraced so I didmy best to speak with those individuals with a complete update tohelp them make an informed decision last month and since that timeit has rebounded nicely for a higher exit or continuation forthose inclined to swing. Lastly, I'm a chartist but chartsare ONLY one piece of the puzzle and I cannot let one postinfluence others without addressing the fundamental side as well inthis instance - charts are not the only thing one should considerif investing in earlier stage companies. I have seen manycharts blown away (up and down) by early stage companies over areasonable period of time. It comes down to managementexecution and industry adoption a helluva alot more than that chartyou posted. This will be years of transition and one must monitoralong the way and adjust accordingly. If you are simply atrader, we just realized a 50 percent plus move so a great trade.Likewise, for investor, it's wise to take partial profitsafter big moves and consider adding back on pullback in accordancewith one's plan.

There are major changes occurring as a result of improvedinternet speeds, smartphones, etc. These are STRUCTURALchanges and that's where big money can be made as investors.Besides trading I look for investment opportunities and it's bestto be involved with ones that are in tune with structuralchanges.

Besides some of the obvious like AMZN and GOOGL, NFLX, and FBthere are several small companies (both private and public) createdto take advantage of such changes. Things such as socialmedia, apps, mobile payments, and e-commerce businesses to namejust a few categories.

These social media plays are a HUGE opportunity for selectinvesting. For example Kylie Jenner's cosmetic company is ontrack for $1 Billion in sales. That's simply amazing. High marginsand low overhead to boot. I was speaking with a former hedgefund manager who attended a convention of such startups and he wasamazed at the volume (revenue) many of these companies producedprimarily tied to Facebook. Clearly, most of these are privateventures but I'm aware of a few small eCommerce public companies(RGNP and IMMD) that have this business model but not manyothers. If anyone is aware of such companies please do nothesitate to share (via post) with details.

RGNP just partnered with Jen Selter and Nicole Ritchie will becoming on soon as well. These ladies have 30 million plusfollowers. Stay tuned.

AMZN effects: mergers/partnerships for legacy names to survive.Cvs+Aetna, TGT+GOOG, WMT+Jet...

“When a company shells out money to buy its own shares, Wall Streetusually cheers.The move makes the company’s profit per share look better, and manythink buybacks have played a key role pushing stocks higher in theseven-year bull market.

But buybacks can also sapcompanies of cash that they could be using to grow for the future,no matter if the price of those shares rises or falls.

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Freedom Debt Relief Review [2024]Chicago Tribune from Chicago, Illinois

Defenders of buybacks saythey are a smart use of cash when there are few other uses for itin a shaky global economy that makes it risky to expand.Unlike dividends, they don’t leave shareholders with a taxbill.Critics say they divertfunds from research and development, training and hiring, and doingthe kinds of things that grow the businesses in the longterm.

Companies often buy at thewrong time, experts say, because it’s only after several years intoan economic recovery that they have enough cash to feel comfortablespending big on buybacks.That is also when companieshave made all the obvious moves to improve their business —slashing costs, usingtechnology to become more efficient, expanding abroad — and are notsure what to do next to keep their stocks rising.

‘For the average company,it gets harder to increase earnings per share,’ says Fortuna’sMilano. ‘It leads them to do buybacks precisely when they shouldnot be doing it.’

And, sure enough, buybacksapproached record levels recently even as earnings for the S&P500 dropped and stocks got more expensive.Companiesspent $559 billion on their own shares in the 12 months throughSeptember, accordingto the latest report fromS&P Dow Jones Indices, just below the peak in 2007 — the yearbefore stocks began their deepest plunge since the GreatDepression.”

While buybacks work great during bull market advances, asindividuals willfully overlook the fundamentals in hopes of furtherprice gains,the eventual collision ofreality with fantasy has been a nasty event.This is shownin the chart below of the S&P 500 Buyback Index versus theS&P 500 Total Return.

If this was the Dr. Phil Show, I am sure he would ask thesecompanies;

“Well, how is that working outfor you ?”

From SentimentTrader: "The spread between the Smart Money andDumb Money Confidence has now reached -50% for only the fourth timein 15 years."

Every market timing service I follow is now usingtermslike "get defensive", "markettopping", "overbought","negative divergence", "sentiment at bullish extremes =>bearish", "caution", etc. (and of course, McHughclaims that"catastrophic major wave C down" is about to start even though hepreviously said it had already started months ago).

Yet, price action cannot be ignored and most trends are UP.Everything on my investment (not trading) Buy list is running awayfrom me. I was expecting to get a good buying opportunity beforeJanuary, but my limited patience is waning. How do you guys havethe strength to avoid jumping on this train?

Wednesday morning we saw the OEX put/call ratio hit the highestlevels we can recall. That means that the professionals - fundmanagers, investment advisors, on down - are all betting that themarket is poised for a major correction, one worth hedging againstin a big, big way.

So,to recap: Dumb money, which is almost always wrong, depending ontime horizon, is decidedly long the stock market, despite its gainsyear to date. Smart money, which has a much better batting average,is short, and short BIG.