Okay, I get it. GS has been on a heater for the last year. Like, I hope someone actually bought at 500 for the meme because they've been printing tendies every month since. But now it's at 925.95 and people are acting like this is the new normal? Nah, I'm getting nosebleed vibes. That's a lot of vertical for a boomer bank. Sure, they crushed it over the summer and powered through that weird October dip, but looking at these numbers, it's been basically a one way elevator with a few pit stops.
I'm calling it: this is a bear setup in a golden suit. GS has overextended and needs to take a breather. My target's a modest pullback to 800.00. Not saying they implode, but gravity exists. The run from December to now was way too smooth, and whenever a stock rips that fast, algo boys get itchy to slam the button.
On the risk side, yeah, I could get memed on if they announce something wild maybe spin up a surprise M&A or earnings blowout. Always a chance the market just shrugs and YOLOs it higher. But with markets feeling toppy and GS trading at this level, feels more likely that profit takers step in.
Catalyst: next earnings call. Bank stocks love to tank on even tiny guidance wobbles. If management blinks even a little, it's bagholder season. TLDR: I'm not shorting the house, but I would not buy here. 800.00 in 6 weeks looks about right for a cool down lap.
CI just took a rollercoaster ride over the last year. One minute you’re in the 340 club, next you’re smacking straight into 258.62 like a Looney Tunes character into a wall. Right now it’s chilling at 272.60 but if you look at how many times this thing bounces after a faceplant, it almost feels like it’s got a trampoline built in.
I’m calling this bullish, but it’s not diamond hands forever. My target is 320.00 and I’d honestly be happy to yeet it there in the next 10 weeks. CI’s core business actually still spits out cash, and after that hard dip in November they did some cost cutting and got their act together. People love acting like healthcare is dead money but nah, those contracts renew and they sneakily jack up premiums every year (thanks, Cigna).
But before you get too spicy and start chanting “to the moon,” here’s the big risk if we get another surprise regulatory tweak or they guide down on medical cost ratios next quarter, this will absolutely get backhanded into the 250s again. That’s the caveat: you need the next earnings to not be garbage.
The forward catalyst: their next earnings in about 2 months and any commentary about membership growth or MLR coming in better than feared. If they even hint at some stability or outperformance, market’s going to FOMO this thing back up. Not a forever hold but for now, I’m hitting the horn for the next bounce.
Alright, so AXP is trading at 301.91 and honestly, this thing has been on more rollercoasters than a Six Flags season pass holder. Go back to last summer and it was mooning into the mid-300s, hit 381 not that long ago, then faceplanted right back to just under 300. Classic boomer card company move—just when you think it’s unstoppable, it finds a banana peel.
But I’m actually bullish here, and not just because my uncle still flexes his Amex Platinum at every dinner. There’s support around the current level and every time it dips under 300 lately, it’s snapped back hard. Consumer spending isn’t falling off a cliff yet (which is wild, considering rents) and AXP is still finding new high-income Gen Z and millennial customers who apparently love points more than rent money. Also, earnings are coming up in a few weeks and this name loves to surprise to the upside when Wall Street goes all “recession incoming” mode. Target: 357.00 (let’s not get too greedy, there’s resistance up there and I’m not trying to be a bagholder if we get another rug pull).
Risk? Well, if the Fed actually decides to go hard with a rate hike or we get slapped with some consumer spending miss, AXP could absolutely just sit flat or even trend lower. Not gonna sugarcoat it—this one can chop sideways for months and make you question every life choice. But as a short-term trade, the setup isn’t bad.
The big thing I’m watching is their guidance in the next earnings call. If they raise the full-year, people will fomo back in. If not, I’ll probably just tap out at break-even and pretend I never posted this. 🤷♂️
This chart has been a wild ride the past year, but GOOGL at 301 is shaping up for another leg higher. Since last summer it ripped from the 140s all the way through 330 before cooling off a bit, and now it’s been consolidating right around 300 for a few weeks. For a name this big, that kind of move signals there’s serious institutional FOMO lurking and I think the next breakout’s coming sooner than most expect.
Here’s why I’m still bullish even after that monster run. Google’s AI investments are finally starting to show up in their core product suite search, workspace, and especially YouTube recommendations are getting noticeably smarter. That’s translating into real ad revenue growth, not just headline buzz. Between the cost discipline Sundar’s been hammering and the fact that cloud operating margins keep surprising to the upside, the market is finally giving them the multiple they deserve instead of treating them like a bloated tech dinosaur. The competition chatter with OpenAI and Meta is real, but Google’s distribution advantage means they can roll features out to billions instantly no startup can touch that scale.
The risk here is a macro pullback hitting ad budgets, which would drag on the next couple quarters. But with election season ramping up and digital ad spend historically peaking during this time, I think the tailwind outweighs the risk for now. If we see another strong print on advertising or cloud in the next earnings cycle, I’m expecting a fast move to 352.75. The setup is there, volume is solid, and any hint of an AI-driven revenue beat will light a fire under this again.
SLB just went on an absolute rampage from the low 30s to over 50 in like two months, then pulled all the way back to the mid-40s where it's been trying to find its feet. This is classic post-earnings whiplash market got too hot, now everyone's second-guessing if the growth is real. But I'm looking at that surge as proof there's still serious juice in this name. I think 53.18 is on the table in the next month or two once the dust settles.
Oilfield services are heating up again thanks to all the chatter about global supply tightness and rig counts ticking higher. SLB's international exposure is a big deal here, since US shale is getting tapped out and the real action is in the Middle East and offshore. Last quarter management called out multi-year contracts and pricing power, which is rare in this space. That kind of visibility is what funds pile into when the macro turns favorable.
My only real worry is that if oil prices suddenly roll over or OPEC does something weird, all these service names catch a stray. The sector loves a good panic. But as long as crude stays firm, SLB's got the backlog and leverage to make every $1 move in oil count extra on the bottom line. The recent dip looks more like weak hands getting shaken out than a real trend shift.
Next catalyst is the quarterly report if they guide up or even just hold serve on bookings, I expect the algos to send this right back to the highs. Everyone's watching for margin expansion and international order wins. I'm betting that risk/reward down here is too good to pass up.
XOM has been an absolute freight train lately. Just scroll the chart this thing was grinding sideways in the low hundreds for what felt like an eternity, then out of nowhere it ripped from about 105 in late December all the way to 158 recently. That's a massive move for a giant like Exxon and I don’t see that kind of momentum just fizzling out overnight.
The setup here is all about global supply dynamics. OPEC's been stubborn on cuts, geopolitical drama hasn't cooled off, and demand forecasts keep getting revised up. Exxon’s scale means they’re positioned to gobble up profits as crude stays elevated. What’s wild is how well they’ve executed on capital discipline buybacks are accelerating and the dividend is basically untouchable at this point. That kind of cash return in a market this uncertain is rocket fuel for the stock.
But it’s not bulletproof. If oil prices stall out or we get some kind of global demand shock, XOM could easily retrace back toward the 140s. I'm keeping half an eye on any macro headlines that could hit energy sentiment. Still, with their next earnings right around the corner and whispers of a beat circling, I’m betting that we get another leg up as institutions chase performance.
I’m calling 172.61 as my target in the next six weeks. If we see crude above 90, this thing could even overshoot, but for now that’s my line in the sand. I want to be out before things get too frothy, but the run isn’t over yet.
