This analysis is provided by Eden Bradfeld at BlackBull Research—sign up for their Substack to receive the latest market insights straight to your inbox. Now, I do not think Brown Forman will return to 32x earnings anytime soon — if ever — but if you even half the implied return from multiple expansion you still have plenty of upside. Ditto Remy — I do not love Remy because Cognac, for lack of a better term, is screwed. But there’s still obviously value there and it trades on a very depressed multiple — what’s to say the family has had enough and finds a buyer? Finally, Diageo. Less upside but more certainty — Guinness sells very well among Gen Z while their spirits portfolio continues to ebb along, if only growth in the low single digits. Valuations always tend to normalise, especially for companies which make staples. Paying 30x earnings was always too much — I used to look at Brown-Forman enviously, and wish it were cheaper. Well, now it is! And nobody likes it. On chart is a couple of headlines from Barron’s. I love to go counter-consensus to the media, because usually that’s a sign of peak pessimism. On chart are some headlines about Meta when everyone hated the stock in 2022/2023. Obviously, the booze stocks are not Meta — Meta is a cash flow machine! Zuck wears a gold chain! Zuck would like us to know he is a Cool Guy! But still — price drives narrative. Everyone was dissing Meta in 2022 (and I felt like an idiot buying it), now they love it. Ditto booze stocks. People aren’t going to stop drinking. That’s it. That’s the thesis.
The pair did not correct upwards, although limited on my update before my travelling, and fell short of expectation. Now we are much lower and it is oversold (not extreme) and stochastic and other indicators show some chance for recovery towards 0.8350. Strategy BUY @ 0.8270-0.8295 and take profit @ 0.8345.
TAO is still holding $350 as support. If Bitcoin can maintain 94k, we could see TAO retesting the $487 to $520 range. From there, we will have to determine whether this is merely a bearish retest or not. It should flip $400 to confirm.
This structure allows for strong bullish continuation on this TOTAL2 chart The green area line shows the continued support for price, this is also the 50MA I believe we are going to see more support for alts and therefore the market cap will increase Bullish on this Weekly
HOOD has been on a nice run, this is the same chart I posted before, and has broken above my target, and a 3 leg up move. If the market corrects, I feel we could get a nice pullback of 10% to 20% to $48, 50ma 200ma is way down at $32 50ma is $47 I am in the camp, in the right market conditions, this could run to $100 over the next year I am looking for Leaps options on any significant pullback
The chart speaks for itself massively. Look at previous pumps and the RSI is making a very similar move. This one is one to watch in the next hours/days. I am unsure about the long term potential of this coin as it had some bad press in the past but looks to have an updated and visually appealing website. The chart could care less about all that. Let’s see what happens.
Just now entered another vtho short. Based on my PA knowledge the bottom is not in yet. Potential bottom is likely around $0.003190 and thats conservative. Current trade is 3-5 Rr. Looking to scale out at $0.003266 75% then leave the rest. Maybe I scale in after, maybe not. Monthly bullish, weekly bullish , daily primary structure also bullish but internal structure bearish. 4hr ,1hr, bearish...
A Brief explanation of my ES trade this morning using Order Flow and Foot print chart. I explained the foot print chart to my understanding so far using this method.
And I published that have sold xrp for profit and a buying lower based on the chart this is a diagonal line that it crappy has broken through and so it's going lower
Profile here 1:5. (Potential 1:9) $2906 hard stop loss $2980 TP 1 $3022.1 TP 2 Entry: $2917.8/ 18 LETS GO TRADERS ??