Hello Sean could you give me your thoughts on MO, their financials and technical charts? Thank you.
I wouldn't personally own a cigarette stock because it does nothing productive for society. From a fundamental perspective, there's only one thing that concerns me. They should have over $1 billion in cash for a $104 billion company.
From a technical perspective, there are all sorts of negative signs. It's formed and completed (emphasized by the red arcs and the yellow neckline being broken). That tends to be a top/trend reversal pattern. Also, the price is below the 50- and 200-week moving average. The 50-week moving average is curling downward. It's below the black zone of support of $57-$58 per share (as it currently trades around $55ish). It's selling volume is spiking higher. And its RSI and MACD have been slumping downward for a while now. So aside from not being a fan of a cigarette company...it's technicals right now are horrible.
It wouldn't surprise me if it drops into the $20-$40 area over time.
Thanks for your insight.
This is the place that you can ask Sean about things like: former portfolio positions, questions about this site, how to become a subscriber, questions about investing, etc.
In this video, I go over the most recent format changes and take you on a tour of the site. I believe new followers and
I recently got back from teaching my book in a great church, Regional Church in Delbarton, WV and I wanted to share
In each phase of the stock market, there's a common thought or emotion that's prevalent in that phase of the market.
I often get these questions: "How do I know when to buy?" and more importantly, "How do I know when to average down?"
Today, I want to talk to you about the technical indicators on the charts that I'll be using in the Logical Investor
Want to know when a downtrend may be coming closer to its end? Or how about when an uptrend may be nearing its end?
Momentum trading is "everywhere". We see it in the financial media (ex. Fast Money & Jim Cramer). And many of the
In this video, I'm going to share with you the fundamental metrics that I look to that tell me if I'm dealing with
Hi Sean I am down 59% On CIG and 42% on ELP should I average dow on them?
Hi Sean, where's the video & not just the editorial for knowing the difference between a cheap stock & a value?
The new setup for the Premium page looks great!