Monday, January 23, 2017

QCOM is accumulate w/ 63 exit---

QCOM down, july gap fill. after the falling knife gets a first up day---go long after that---
 16 p/e, when the rest of the market is at a 18 or so p/e---besides--there's 2 gap fill exits for longs---59 and 63---the trick is guessing the time frame for the 59 and 63 target exits, (within 60 days max, imo)---and the the bottom of the falling knife for entry
pretty good earnings growth past 2 years (5-10% estimates), and next year

 Its all turning into the same trade. Long Mexico=Short US stocks=Long US Bonds=Short Dollar=Short Oil=Long Gold.
Which is the anti-Trump setup,

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