Lions, FAANG'S Under Pressure-But Financials Take Off! By Gregory Mannarino

in money •  7 years ago  (edited)

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Ripping the face off of this market!

Yesterday I posted an article here on Steemit with the title of: "Lions! Watch for a rebound in financial stocks." Well today in early trade this prophecy was realized. Yesterday on my website TradersChoice.net I had posted a position on XLF, (it is still posted there, click here:https://www.traderschoice.net/money-page--stock-picks.html ) and at the time I am writing this article that trade is up more than 20%.

I had also suggested that we would see a rotation out of tech, more specifically the FAANG stocks, and of these at the time I am writing this article Apple is the only one of the bunch meaningfully higher in early trade.

So why am I writing all this?

It is not to toot my own horn so to speak, it is because I want every single one of us, my Lions, to rip the face off of this market, and that is exactly what we are going to do!

As I have been saying lately, especially in light of the 180° turn regarding monetary policy by the Federal Reserve and the plunging dollar, the stock market almost has nowhere to go except higher.

Knowing that the Federal Reserve is committed to easy monetary policy, which includes weakening the dollar, we need to be looking for opportunities to get long stocks.

Looking ahead, once the financials trade plays out, we need to be looking for opportunities to jump back into tech. Although this maybe several weeks away, we again need to keep tech on our radar screen-as I believe tech once again will lead the overall markets even higher.

Happy hunting my Lions!

Gregory Mannarino @marketreport
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You hit the nail on the head again. XLF up 20% since yesterday! Really appreciate what you do brother!

Gregory, you are a good man for keeping your followers informed. I don't know how you do it, keeping up on current events, economy etc.... Always looking forward to your videos. Thanks again, Gregory.

Congrats on the XLF call Greg! Commodities are looking pretty good to me over the mid term here.. what do you think?

The weak dollar is commodities positive.

Thanks! I thought so

Yes, a VERY good trade on XLF by Greg. 1 day gain of 20% is mighty fine. I don't agree with Greg that he shouldn't be tooting his own horn tho. This would be me if I made Greg's XLF trade yesterday. :-)

Please comment on ICOs' effect on Ethereum, Bitcoin & Litecoin prices. Have you heard about ETF, on Cryptos. Do you like the idea? I always like to hear about, your take on precious metals. Thank You, Gregory.

I like them all here.

Again Greg you where totally 100 percent right and thank you for it and we upvoted

Man! You called it for sure. The XLF looks fantastic and the next leg higher. I am waiting and watching to pull the trigger on selling and moving to something else.
Thank you of your posts!

Personally I would have taken the $1.50 ish market price on those XLF $24 calls on the open. I'd have considered it a very good "1 day victory" on the XLF trade. Greg still holding tho...intrusting. :-)

I hear you.

great signal dear we should capitalized with it.

Great call Greg as usual. I don't know how you do it but well-done! :]

Hi Gregory, I absolutely agree on keeping tech on the radar. We have seen it before and we will see it again, where tech leads.

I agree with you on your trading ideas and also think that the lower value for the US$ will be good for gold and silver my favorite for those of us who do this. Thanks again for your input.

Thanks you for the update

Hey Greg!
I got into the Crypto space under your recommendation. Great stuff!

I started a contest for those who want to check it out.
It is The Cryptocurrency Challenge and I have 4 Cryptos that people can bet on the Daily High for that day and earn 50% of the posts. (BTC, LTC, STEEM, & ETH)

Could you check it out?
https://steemit.com/bitcoin/@revelationquotes/the-cryptocurrency-challenge-bitcoin-or-for-high-close-date-of-26-july-2017-or-enter-today

@revelationquotes
Thanks man

I am sure most of Your LIONS would like this competition.

I'll sell BTC here at $2595...ish. Log me in...and I won't exit the sell unless it trades below $2400 by the close on Fri. No make that 9 PM EST on Fri...just in case bitcoin longs are dumping even after the market is closed on Fri. Log me in. I'll take my winnings in fiat but I do accept gift cards, prepaid Visa and Master Card debit cards...shit like that. Sell here at $2595 (spot dead on) since I'm not sure it will make it to $2599.99...the "suggested" retail price I see in the commercials for bitcoin. Thanks.

The "live" bitcoin ticker

http://bitcointicker.co

Its just a contest

$2400 or bust...by Fri. Can I get a "sidenote" in the contest if bitcoin does break below $2400? :-) OK, a 1 day contest? I'll see if I can take it below $2400 by tomorrow. That's seems fair. ...no? :-)

You post your choice for a high and close of the coin. You can check it out at my page @revelationquotes

I'm just having fun with it. If I actually do get bitcoin sub $2400 by tomorrow evening per my new spew...send teh winner of your contest to me and I'll explain how I did it. :-)

Once again Greg nails it!

Thank you so much Mr. Mannarino. I probably would have shorted the market and would be losing now but because of you I didn't. I didn't long either as I'm too scared to buy anything at these imaginary prices! Upvoted and resteemed...

Go go lions, you can do it!

What can I say, right on once again; kudos Greg!

Thanks for keeping us informed.

You truly know what is good. I do understand that not all of us are right all the time, but man you can really call them.
Thank you for giving us a heads up on that XLF trade and I am looking forward to the next big one.
Thanks

i have watched your youtube video for many years
glad to see again on steemit.

Up 50% on BAC calls this morning, thanks for the heads up Greg : )

You are a RAGING LION! Yes!

I have enjoyed your info and always look forward to your posts and more importantly your videos.
Upvoted & Re-STEEMed

You're the man Greg. Keep up the good work. I'm resteeeming today...

nice call

Is this only for Lions? What about Lionesses? :P

Especially Lionesses! ; )

Lionesses are the reason for the Pride! More than welcome!

Your the man greg go ahead my friend brag all you want.

I just want us all to win, and we will.

It is not to toot my own horn so to speak, it is because I want every single one of us, my Lions, to rip the face off of this market, and that is exactly what we are going to do!

You deserve to be followed sir! Upvoted and resteemed :)

Thank you.

It is all about money flows. You nailed it, whit prediction regarding financial.

You rock man!!!
Thanks

  ·  7 years ago (edited)

You really do breathe and live it, don't you??? Well done...

It looks like things are getting better, not for the US dollar though haha

Ive never been a big "paper" guy but Greg makes it understandable and kinda fun. Thanks for all the new insights!

spot on greg.. as ever :)

Great info as always.... thanks!!!

  ·  7 years ago (edited)

This is what we're doing to the market

Greg, You now have so many followers and so much influence, you move the market. Is the PPT using your tips?

Thanks Greg for keeping us informed and watching our backs. - ROAR!

  ·  7 years ago (edited)

why prices took a huge down dip today ??

Not sure what you mean?

I try to follow your post every time, however sometimes I cant follow haha

Yes, you were right the financials are up.

Absolutely true mate. Its time to roar louder.


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Thank you for talking about steemit on USA Watchdog!! Looks like your videos are helping A LOT of people!!

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