Tim Knight | TalkMarkets | Page 6
Managing Partner at Tim Knight Organization
Contributor's Links: Slope of Hope Slope+
Tim Knight has been charting and trading since 1987. His first stock trade was, in fact, on October 19, 1987 – the day of the crash – which perhaps goes a long way explaining his disposition toward ...more

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Home Depot: Soaring To New Heights
The big box retailer is sporting a P/E of a little more than 25, and it has been one of the most successful stocks in U.S. history, having come public at a split-adjusted price of about a penny per share.
A Million Little Burritos
Perhaps you heard yesterday that, after the close, Chipotle (CMG​​​​​​​) announced a 50-for-1 stock split. This makes sense, because the stock is about $3,000 per share, and I don’t think they’ve ever bothered splitting it until now.
Sweetgreen: A Good Long Idea
I’ve mentioned Sweetgreen as a good long idea. This one keeps powering higher!
FOMC And The SPY
Since the eight-times-a-year FOMC is on Wednesday, I thought I’d use the Event Markers feature in SlopeCharts to see how the SPY has behaved following these days.
Fib-Friendly Tesla
Time after time TSLA respects Fib levels for support and resistance, although its moves are getting increasingly tepid, as interest in TSLA continues to wane.
Important Semi Failure
AMD​​​​​​​, a vitally important component of the semi/AI bubble, has broken short-term support.
Spot-On Sine Wave: Natural Gas Outlook
Although the sine wave pattern has had uneven results, there’s one market where it has still been spot-on: natural gas. The question at this point is: is right now a perfect time to get mega-bullish on natural gas?
Bitcoin Buy?
My interest in crypto is slowly being stoked (mostly by friends who are relentlessly hectoring me to get on board), but, as a chartist, I’m not comfortable with this sucker until it reaches about $55,000 or so.
Bye Bye, 6% Commissions
There was huge news in the world of residential real estate on Friday, as the National Association of Realtors agreed to end its 6% commission for more of a free market model. This likely means the real estate industry is going to be less lucrative.
Killer Corporation
Over the past five years, Boeing has lost 60% of its value. Given what it seems to be doing to its reputation these days, I’d say there’s still 40% left to go.
Apple: Going Nowhere Fast
Apple (AAPL​​​​​​​) is the same price today as it was in November 2021. Thirty months…….zero percent.
SMCI: Super Vulnerable
Between the AI and crypto bubbles, SMCI has been propelled insanely high, and it has a lot to prove to justify these levels.
Profiting From Tesla Shorts: A Continuing Saga
Sorry to keep doing victory laps on this, but my Tesla short call is the gift that keeps on giving. Every single thing about this chart screamed “death”, and I think it’s got way, way, WAY farther to fall.
Bonds Behaving Beautifully
The title says it all: as a chartist, I must stand up and salute TLT, as it is behaving absolutely As God Intended ™.
Adidas - First Loss Reported In Three Decades
Since Ecco is the only brand I wear, plus I’ve never jogged a single mile in my life, I’m not that hip to what the cool brands are for shoes. It seems, however, that Adidas has fallen out of favor.
Microstrategy And Bitcoin: A Symbiotic Relationship
It’s no surprise that Microstrategy (MSTR) and Bitcoin are pretty much in lockstep since MSTR has essentially changed from a software company into a giant Bitcoin holding trust.
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