Our plan going into earnings next week #stocksWe were burned by Salesforce but were rewarded by Crowdstrike. The Model has us long equities across the board so we are willing to continue to take the earnings risk. ADOBE has been best in breed
Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model :
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
Stockpicks
NSCO soars after $1.5 billion acquisition deal and equity investNesco Holdings To Acquire Custom Truck One Source And Create Leading Specialty Rental Equipment Company In Partnership With Platinum Equity
Nesco and CTOS are leading providers of specialized truck and heavy equipment solutions including rental, sales and aftermarket parts and service.
Platinum Equity, the premier financial sponsor in the specialty rental equipment industry, has committed to invest over $850 million in Nesco in exchange for newly issued common stock at a price of $5.00 per share and will hold a majority interest in the combined company
Nesco lead investors, Energy Capital Partners and Capitol Investment, and existing CTOS lead investor, Blackstone, to remain ongoing shareholders in partnership with Platinum Equity
Combination significantly reduces leverage, includes material synergies and substantially enhances both corporate and public market liquidity
With complementary business lines, customer bases and capabilities, the combination is expected to yield significant benefits from increased scale, breadth of product and service offerings and expanded geographic coverage.
existing CTOS shareholders are expected to invest approximately $100 million into Nesco in exchange for newly issued common stock also at the same price as Platinum.
After the closing of the CTOS purchase, which is expected to occur in the fist quarter of 2021, Platinum is expected to own approximately 57% of Nesco's outstanding stock, following an additional equity investment of up to $200 million from Platinum.
finance.yahoo.com
www.marketwatch.com
LIZI stock soars after Car Audio Collaboration with Xpeng MotorsLIZHI INC. Enters In-Car Audio Collaboration with Xpeng Motors
To integrate LIZHI’s in-car audio content product into Xpeng Motors’ in-car intelligent operating system. The product has been launched in this week.
With seamless connectivity, LIZHI will strive to enrich the personalized driving experience for Xpeng Smart EV users.
finance.yahoo.com
9 Meters Biopharma $NMTR - investment idea 💡 This entry and SL is based on my technical analysis only.
Do your research and trade on your own risk!
Tredegar Board Declares Special Dividend of $5.97 Per ShareTredegar Board Declares Special Dividend of $5.97 Per Share
The Special Dividend is payable on December 18, 2020 to shareholders of record at the close of business on December 11, 2020.
The Special Dividend is a direct result of our strong cash generation that resulted in cash in excess of debt of $28 million at September 30, 2020, which increased further at the end of October with the closing on the sale of our Personal Care business for estimated net proceeds (after transaction costs, purchase price adjustments and transition services) of $45 to $50 million.
the distribution of excess cash is being supplemented by borrowings under our revolving credit facility, which has a maturity date in June 2024, thereby allowing us to prudently use financial leverage in a low interest rate environment while also preserving available capital to meet the needs of our business units."
finance.yahoo.com
TIGR set to run wild! Long term and near term views...NASDAQ:TIGR is setup to rebound on support and make a play to the upside for a lengthy uptrend that should continue til next earning release around early March 2021. Below I will show you the Big picture and the Near term Picture....
BIG PICTURE
TIGR is in a weekly and daily channel from 6 months ago to now and is headed to the lower band of that channel but has strong support near 5.50, 5.50, 4.75, 4.50, 4.25 and 4. Let's start with the WHY will it rebound?!? This is the robinhood of china and just had an earnings blowout last week. Absolutely amazing earnings of 130+% for users, rev, net profits. China just dumped 30 Billion into their market this week as QE. There is no slowing down for this company any time soon as they are valued at having customer counts in the single digit millions and in an asian market they have virtually unlimited customers to gain locally. The stock took a hit with profit taking and lack of catalyst after the huge earnings but the value still remains. now becoming oversold and undervalued this company is ripe for a large lengthy upside into next quarters earnings. The channel has upside to 9.00 and downside to 4.75 so @ 5.50 this is a STEAL.
NEAR PICTURE
6 month, 3 month, 1 month uptrend embedded readings, 1 week pull back (retracement) signaling profit taking from last quarter.
CATCH the wave and ride long my friends.
Alexion Pharmaceuticals $ALXN - investment idea 💡 This entry and SL is based on my technical analysis only.
Do your research and trade on your own risk!
NASDAQ Undervalued Underdog ZKIN. 300% potential!ZKIN is a NASDAQ Stock which has good fundamentals, good increasing financial reports and has a very interesting outlook for the both short and long term price action.
They focus on Water Pipe industry with the use of Blockchain .
So the fundamental site of this stock is pretty good, but how about the technical aspect?
First thing that I would like to mention is that the price has been hovering in range from $2.00 to $1.00 for over 1,5 year and last week has finally manage to break the weekly key resistance located at $2.00 by a full weekly candle from the bullish channel.
The price seen strong demand spike from $0.65 from which the overall uptrend has started and after double bottom at $1.05, the current bullish channel which is currently breaking out was formed.
The issuing price of ZKIN was around $8 and it’s very undervalued currently, 400% potential only to the issuing price.
Looking at RSI , it broke to a new high by 7 points which is very good for the bulls.
When we look at MACD, we can see that it’s currently on a buying wave and buying volume is still increasing.
20 and 50 Weekly EMA’s given a long term buy signal.
Exceptionally strong volume has been seen previous week , over $33 million dollars.
Upcoming strong resistance levels
$2.40
$3.15
$4.00
$5.00
$6.00
$6.70
$8.00 - Target 300%
$9.00
$11.00
Good luck with this idea!
Epizyme $EPZM - investment idea 💡 This entry and SL is based on my technical analysis only.
Do your research and trade on your own risk!
Turning Point Therapeutics $TPTX - investment idea 💡 This entry and SL is based on my technical analysis only.
Do your research and trade on your own risk!
Roku growth over last 18 months!Evening traders
Ive been using a follow trend based strategy for the last six months mainly for Forex trading.
This strategy script works with Forex pairs, indices, stocks and crypto.
It's not until recently I've discovered the potential for using this script on stocks for potentially building long term stock portfolios via following the trend based script. Another great example to my earlier Tesla idea and review is this Roku stock growth via following the the stock on the one week time frame.
As you will see the strategy presented a 'buy' signal in March 2019 and Roku stock has since gone on to grow by 300%
For any further information on the strategy I'm using please feel free to message me.
The power of this Strategy for long term stocks investingHello Traders
Hope you are all enjoying the weekend.
I just wanted to share a series a stocks trades I am reviewing which have proved to be successful by using the trend based strategy software I use.
The strategy in use I am utilizing mainly on Forex pairs but can be used on stocks as well as indices and crypto.
The example you see here is working the one week time frame on Tesla stock.
Now as we all this stock has climbed and climbed this year but the trend strategy in use picked the potential upward trend as early as last year and presented a buy signal. The stock has gone on to grow 700%.
This could be a very valuable tool for long term stock trading, stock picking and for growing portfolios.
For any more information on the strategy I am using please feel free to message me.
XL Fleet Expects its Largest Partner to Double Orders in 2021XL Fleet Expects its Largest Partner to Double Orders in 2021
Farmbro Inc. (“Farmbro”), an Ontario-based upfitting solutions service provider specializing in commercial and work vehicles, expects to double its sales volume from approximately 1,000 XL unit installations in 2020 to over 2,000 in 2021 to meet the increasing demand for fleet electrification in Canada. As part of its expanding partnership, XL Fleet is recognizing Farmbro as its Sales and Installation Partner of the Year for 2020.
Farmbro is a member of XL’s Sales and Installation Partner network, the Company’s comprehensive go-to-market channel for selling and installing the thousands of electrification systems it has deployed in fleet vehicles throughout North America.
“Farmbro has been an exceptional partner for XL Fleet, as we have greatly expanded our reach into the Canadian fleet market over the past 18 months,”
“Demand in Canada for vehicle electrification has skyrocketed in recent years as both government and corporate initiatives on carbon reduction have become a priority for fleets,”
www.xlfleet.com
XL Fleet Expands XLP™ Plug-in Hybrid Electric Drive SystemXL Fleet Expands XLP™ Plug-in Hybrid Electric Drive System For Use in Multiple GM Fleet Applications
The platform is expected to begin shipping on select configurations of the Chevrolet and GMC Silverado / Sierra 2500 HD and 3500 HD pickup trucks in the first quarter of 2021, and on Chevrolet and GMC 3500 and 4500 cutaway chassis in the second quarter of 2021.
The Company’s newest product offering expands its growing lineup of plug-in hybrid electric drive systems, which can improve fuel economy by increasing miles per gallon by up to 50% and reducing CO2 emissions by approximately one-third compared to traditional gas-powered vehicles.
XL’s ability to electrify a wide range of commercial applications from the world’s leading vehicle manufacturers allows us to immediately serve this market with proven, high performance vehicles that are already designed and specified for the rigorous duty cycles of fleets."
By leveraging our experience with over 200 customers and utilizing proprietary data from nearly 140 million customer miles driven, we are uniquely positioned to quickly and efficiently develop solutions for applications with significant demand
XL remains on track to complete its previously announced merger agreement with Pivotal Investment Corporation II (NYSE: PIC), a publicly traded special purpose acquisition company, in the fourth quarter of 2020. Upon closing, the combined company will be named XL Fleet Corp. and is expected to remain listed on the New York Stock Exchange under a new ticker symbol, "XL".
finance.yahoo.com
XL Fleet to List on NYSE Through Merger With Pivotal InvestmentXL Fleet, a Commercial Vehicle Electrification Solutions Leader, to List on NYSE Through Merger With Pivotal Investment Corporation
• XL is a leading provider of electrified powertrain solutions for U.S. and Canadian commercial fleet vehicles built by Ford, Chevrolet, GMC, and Isuzu
• Thousands of XL units already on the road and over 130 million miles driven by its more than 200 customers, including FedEx, The Coca-Cola Company, PepsiCo, Verizon, the City of Boston, Seattle Fire Department, Yale University, and Harvard University
• XL has strong demand momentum with a $220 million 12-month sales pipeline and forecasted revenue of over $21 million in 2020 and $75 million in 2021
• Pro forma implied enterprise value of the combined company of $1 billion; combined company is expected to have approximately $350 million in net cash at closing, which includes an upsized $150 million fully committed PIPE backed by new and existing strategic and institutional investors
• All XL shareholders, including Constellation Technology Ventures, and management will retain 100% of their equity in the combined company
• Upon closing, the combined company will be named XL Fleet and is expected to remain listed on the New York Stock Exchange under a new ticker symbol, "XL", with an anticipated implied enterprise value of approximately $1 billion and no material debt expected to be outstanding.
• The Company’s rapidly deployable technology solutions position it for long-term growth in a total addressable market that is greater than $1 trillion, which incorporates the money spent on energy consumption and vehicle costs for commercial fleets globally.
• XL’s revenues are expected to more than triple in 2021, cementing its status as the leading provider of vehicle electrification solutions for commercial and municipal fleet vehicles."
• Pivotal and XL Boards of Directors have unanimously approved the proposed merger and the related transactions, which are expected to be completed in the fourth quarter of 2020, subject to, among other things, the approval by Pivotal’s and XL’s stockholders of the proposed merger and satisfaction or waiver of other customary closing conditions.
finance.yahoo.com
Momentus to Become Public Through Merger With SRACMomentus to Become Public Through Merger With Stable Road Acquisition Corp.
Merger to create the first publicly traded space infrastructure company at the forefront of the new space economy
Momentus partners and customers include SpaceX, Lockheed Martin, and NASA
Combined company will have an estimated enterprise value of approximately $1.2 billion and will become listed on Nasdaq under the ticker symbol "MNTS" following expected transaction close in early 2021
Pro forma for the transaction, Momentus will have approximately $310 million in cash on the balance sheet, to be funded by Stable Road’s $172.5 million of cash held in trust (assuming no redemptions) and $175.0 million from a fully committed common stock PIPE at $10.00 per share, including investments from private equity growth investors, family offices and select top tier public institutional investors
The current size of the global space economy is expected to grow from an estimated $415 billion to $1.4 trillion by 2030 driving demand for transportation and infrastructure services in space.
finance.yahoo.com
Buy Signal: 13.04Ingenuity Trading Model used in- Stock, Forex, Futures, and Crypto markets. For Stops and overall trade management join the club.
The model is a Geometric Markov Model :
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
$AXON - investment idea 💡 Axon Reports Q3 2020 Revenue Growth of 27%, ARR Tops $200 million, Up 44%
www.prnewswire.com