– 287 South Dow. Sidewalk Sale Or Trade War Bomb?

by stockjaw
people, work, man
We picked up Square, the payments processor.  Boss’s have influence, when they’re growing earnings by 71%.  People notice, and they love a winner. Thanks Jack.

When

the indexes plunge questions rise.  And what are the questions from Tuesday’s volatility?  For STOCKjAW the number one question was both asked and answered during market hours yesterday.

 

 

Number 1 question  posed by Tuesday’s volatility; Is this an opportunity?  Answer?  In our opinion yes.  And we moved on it–twice.  Here’s how.

 

 

Today may prove much like Tuesday.  So here’s the basice information we think helpful.  We sold Boeing Monday, even though it was going down at that minute.  We’re glad.  Out at $353.53.

 

 

STOCkjAW bought Square, and Paypal.  They are both processors.  Paypal is thriving and more then established, while Square is a speculative stock with all margins negative, but incredible growth and even more potential.  More coming.

 

 

chart-sq-6-19-e1529504679500.png
Square appears to be in the spot all true growth stocks go through, on their way much much much higher. Aren’t payments processors the new financials?(SJChart.)

 

 

 

paypal-784403_1280
Financials form the second largest chunk of the S&P and they can’t be owned. How many times have we heard pundits huffing and puffing over the strong move the financials are about to make? Nonsense. But not the payment processors, say like this one, PYPL.

 

 

Chart, PYPL, 6-19, X
PYPL’s technical condition is strong. Payment processors have no heavy cash reserve regulations like banks. And they don’t get dinged every five minutes. Did we mention the growth?(SJChart.)

 

 

Boeing–Going Down.

Graphic, BA, fund
Share prices routinely outpace fundamental support. That means elevated stocks are trading “on air.” Perhaps Boeings’ price action reflects exactly that. Let’s face it. The last 18 months have been exceptional for BA. The stock may need to “grow into” an elevated valuation. Trade tensions, or wars, don’t help.

 

 

Boeing will be going down again today–Wednesday.  The price-action broke out above all-time highs, and promptly bounced off former support turned resistance.  See chart.  Don’t buy.  Better prices coming.

 

 

Boeing(NYSE: BA).
Charts, BA, 6-17X
BA continuing down. Momentum indicators have been positive.  Price action continues down.  Boeing broke out above all-time highs, only to bounce off former support now turned resistance.  Chart above 6-17-18.  On Tuesday 6-19, BA dropped another -3.84%(SJChart.)

 

Charts, BA, 1699day, X
Boeing history. Only the misguided argue with history. History suggests consolidation.  The BA 4.5 year family portrait(SJChart.)

 

 

Thanks for reading.

AAA Stockjaw scooter

STOCKJAW.COM

Images sourced from Pixabay.

https://pixabay.com/en/photos/
Pixabay.com is simply amazing–a sprawling compendium of joy.  Thank you Pixabay.  If you also know love and use Pixabay’s lavish resource, please take time to donate to them at Pixabay.com.  We do, truly.

Additional resources:

Investopedia.com.  Seriously Wonderful.  Fact.
http://www.investopedia.com/
Charles Schwab.  In Our Opinion, the best broker going.
https://www.schwab.com/public/schwab/client_home
STOCKJAW.COM EARNESTLY THANKS YOU FOR YOUR INTEREST AND WISHES YOU THE VERY BEST.  THE WORLD BEING WHAT IT IS, WE MUST POST THE FOLLOWING:  ALL CONTENT ON STOCKJAW.COM IS PURELY FOR GENERAL EDUCATIONAL AND ENTERTAINMENT PURPOSES ALONE.  ANY ACTION TAKEN BY ANY READER IS THE SOLE CHOICE AND RESPONSIBILITY OF SAID ACTOR.
Be careful.  Do the work.  Have patience, with yourself.  Never put your dreams away.

 

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