This idea we tossed around last week-- luckily I found this:
->Ingevity Has the Right Mix for an Upside Breakout
Here's how to play this specialty chemicals stock.
:NGVT
During Thursday night's Lightning Round onMad Moneyone caller asked Jim Cramerabout Ingevity Corp. (NGVT) . "This is the kind of industrial I'd want to buy right here," said Cramer.
Let's check out the charts and indicators of this manufacturer of specialty chemicals.
In the daily bar chart of NGVT, below, we can see that the shares were in a decline from last July to late March. Prices have recovered from the March low and now things are looking up. NGVT is trading above the rising 50-day moving average line and the declining 200-day moving average line is only a few dollars above the market.
The trading volume was heavy from February to April suggesting a change in ownership from weak hands to strong hands. The On-Balance-Volume (OBV) line has been rising from March and tells us that buyers of NGVT have been more aggressive.
The Moving Average Convergence Divergence (MACD) oscillator is turning up from the zero line for a fresh buy signal.
In the weekly bar chart of NGVT, below, we can see that prices were in a bear phase from early 2019. NGVT has rebounded this year. Prices are still below the declining 40-week moving average line but this is a lagging indicator.
The weekly OBV line has been rising which tells us that buyers of NGVT are more aggressive for the first time in the past three years. The MACD oscillator gave a cover shorts buy signal in late April and is pointed up toward the zero line.
In this daily Point and Figure chart of NGVT, below, we can see a potential upside price target of $70.
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Ideas For Now-
- Thread starter stonedinvestor
- Start date
Would You Hire This Guy To Run Your Portfolio.
One of the most important moments in sports history that no one knows about.
This vid is priceless look how fired up the fans are! Can a man hug another man? This has always been an open question. The answer came one sweatry night down I assume Mexico way...
This vid is priceless look how fired up the fans are! Can a man hug another man? This has always been an open question. The answer came one sweatry night down I assume Mexico way...
Don't have PENN in here I realize! Both PENN & CHDN are breaking out so this regional Casino move is happening can it spread to the big boys? -- Someone mentioned this the other day.
Don't have PENN in here I realize! Both PENN & CHDN are breaking out so this regional Casino move is happening can it spread to the big boys? -- Someone mentioned this the other day.
Gooood morning Stoney
So you're back in the City huh? Ahhhh.... I'll take dealing with the bears any old day. You were looking for a new business. Why not befriend the bear. Set out a picnic table for him and start a daily YouTube channel. Build a small following and when the bear has cute little baby bears this Spring and brings them all to Stoney's Bed and Bearfast... it'll go viral. You'll be on cable news. Maybe leave out a few of those 'special' gummie bears as snacks, I bet that would make the baby bears do some reeally cute things. (here comes the PETA hate)
For real though, I'd buy a Generac for the place in CT if I were you, that solves everything. The City's great... right up until the grid crashes because Iran and/or others want to make a statement. See how much fun that is. Do you have natty out there? If not they have propane models too.
Ya know if you lose power there in the winter when your not there, and we get a nice deep freeze at the same time... you could have a hell of a mess with busted pipes. I'm gonna guess the place burns fuel oil, so a back-up generator will keep the system working.
Ok, enough idle chit-chat on that... back to bizness.
Stoney we were right as all get out for the last 2 years or so. We saw it coming. Penn and company aren't up because of the regional Casino's.... its all about sports betting and the potential thereof.
Pay attention now... this is VERY important. It was so subtle, a very little thing, but he said it twice in passing. The CEO of Verizon was discussing the 5G build-out and was asked why its important for consumers. He went on... blah blah blah... but then he said something to the effect of "and of course there are things I am not at liberty to discuss as of right now".
OK.... but in the same interview he mentioned later at some point they were working with the NFL on some great new things.
But that wasn't the clincher that caught my ever keen VZ ear; twice.
He twice said, non-nonchalantly, and I'm sure it was not deliberate, but when discussing why 5G was important for consumers he covered movies etc... but then he went on to say that there will soon be... "consumer apps that will demand extreme low latency".
"Extreme low latency".
When taken in context with all his other comments... especially the NFL and "he can't mention it right now"... That can only be one thing brother....
.....Live play by play sports betting. From phones.
Bye bye Robinhood, and hello NFL/NBA.
The big boys are gonna saturate America with a whole new pastime... and god do we love to gamble.
"If you build it.... they will come."
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They'll love it. No matter which state you're in when you bet, that state will get its rake. Bet in Jersey, Jersey gets some action. Fly down to see Granny in FL for Xmas and bet USC converts on 3rd and long at the Rose Bowl.... FL gets a piece of the pie.national sports betting? ie, NFL, MLB, NBA? wow! how's the gaming commission going to deal with this
Oh yeah, the states will be all for it. Especially now as the coffers run drier.
Yes you are on to something Van. Is Sinclair behind some of this. -
Money transfer is involved - What if someone bought Moneygram or there was a groovy company that did this overseas... I'm spacing...
What if we merged Draftking and a small bank and or money transfer co...
BCO-- Brinks....perhaps.
Don't Let Mr. Cooper fly the coop ) ) )
Mr. Cooper price target raised to $24 from $16 at Credit Suisse 07:38 COOP Credit Suisse analyst Douglas Harter raised the firm's price target on Mr. Cooper to $24 from $16 and keeps an Outperform rating on the shares. The analyst believes the favorable environment for mortgage originators is expected to continue into 2021 allowing Mr. Cooper to continue to generate higher than expected earnings, cash flow, and book value growth.
I head back to the woods in an hour.
Money transfer is involved - What if someone bought Moneygram or there was a groovy company that did this overseas... I'm spacing...
What if we merged Draftking and a small bank and or money transfer co...
BCO-- Brinks....perhaps.
Don't Let Mr. Cooper fly the coop ) ) )
Mr. Cooper price target raised to $24 from $16 at Credit Suisse 07:38 COOP Credit Suisse analyst Douglas Harter raised the firm's price target on Mr. Cooper to $24 from $16 and keeps an Outperform rating on the shares. The analyst believes the favorable environment for mortgage originators is expected to continue into 2021 allowing Mr. Cooper to continue to generate higher than expected earnings, cash flow, and book value growth.
I head back to the woods in an hour.