Category Archives for JR Romero
The Case for Bitcoin $126,000
JR Romero has been a massive Bitcoin bull since the low $60,000’s. And he still likes it: JR explains: The unique personality of Bitcoin post-election Why $91,000 is a key level here How Bitcoin $126,000 could be a reality Why the US dollar index (DXY) is key to Bitcoin’s performance Why retail is getting involved How to tell if the crypto rally is getting overheated (it has to do with the parking valet…) And as a bonus, JR shares his price target for Netflix (NFLX) at the end of the video… BTW, did you see JR’s predictions of SPX 6000 and Tesla $300? Check them out here: Why SPX Will Hit 6000+ (October 9) Why Tesla Is Going to $300 (July 11)
Continue Reading -->How JR Became Mr. October (and November)
JR Romero is our Reggie Jackson — our very own Mr. October. And with how things are going, he’ll be Mr. November too! On September 25, JR issued a $200 price target on Nvidia (NVDA). And since then it’s run from $123 to $146+ this morning. Then on October 9, he said the SPX will hit 6000+. You can watch that hot take here: So we wanted to update you on JR’s takes from this now-legendary video. First, the SPX went from 5792 up to 5952. What else happened in that video? JR said Palo Alto Networks (PANW) was going back to $380. It hit $386.20. He also issued an insane $250-$254 price target on controversial Bitcoin name Microstrategy (MSTR). Mind you, MSTR was at $188.91 when JR issued that target. And it hit $267.89 on October 29. And of course JR has been bullish on Bitcoin since early October – a full home run! But what about Carnival (CCL)? JR predicted a $7-8 measured move. It’s gone from $18.87 to $24.34 already. He also said Robinhood (HOOD) looks fantastic. It’s gone from $25.65 to $30.06 as one of the biggest post-election winners. Nutanix (NTNX) was also in focus. JR said it would fill the gap to the $71 handle. And it went from $63.17 to $69.95. And his other picks Starbucks (SBUX), Chewy (CHWY, Air Products (APD), and Snowflake (SNOW) are up modestly. So JR 7 big wins, and 4 little wins. 11 for 11. Not bad, huh?
Continue Reading -->Sami Abusaad and JR Romero’s Bitcoin Price Target
We’re deep into earnings season… but quietly Bitcoin has just hit all-time highs above $72,000! Michael Saylor… the Bitcoin-stan and CEO of MicroStrategy (MSTR)… just pledged another $42 BILLION buy of more Bitcoin. The company already owns $18 billion. There’s rumor this supply squeeze will eventually cause Bitcoin to cease being priced in fiat in the future. He says: “We’re going to promote global adoption of Bitcoin as a treasury reserve asset. Promote it to countries, cities, states, and companies (both public and private.)” Donald Trump has pledged as President to turn America’s $12 billion in Bitcoin holdings into a national Treasury reserve. Today, Sami Abusaad and JR Romero tackle the topic of crypto. Sami… long an advocate and trader of cryptos has been bullish on cryptocurrencies for years. JR more sees crypto and Bitcoin as a tradeable asset. Today, they dig into where Bitcoin could go next. Take a listen: SMCI crash! Is this the end? We saw a 25% crash in SMCI on October 30th. SMCI’s auditors went rogue and quit on them, raising huge red flags. JR even called this two months ago calling SMCI the “Bernie Madoff of tech.” Once a darling of the year… with many of our traders, including JR, riding the SMCI wave as it 4X’d from February into the summer…. What’s going to happen to it now? Is the run in semiconductor stocks over? — Sami answers The guys also cover: Will next week be volatile or a ‘plain old week?’ If the election is contested… what could happen to the market? JR’s surprising election buy Watch it all now in the video above!
Continue Reading -->Why I’m Bearish On Tesla Into Earnings
Does Tesla (TSLA) look like trash into earnings? JR Romero says YES: JR explains: Why the Robotaxi was a “crack in the foundation” for Tesla stock The fundamental questions that could sink the stock Why Tesla stock is at risk of falling after earnings today If it’s fair to compare Tesla to Amazon (AMZN) How Elon Musk’s “pie in the sky” promises impact the stock’s valuation The risks with Elon’s increased political activity, which make no sense based on the company’s business model The reasons he is bullish on the stock long-term, even with its short-term challenges
Continue Reading -->5 Rules for Novice Traders to Succeed from JR Romero
JR Romero says the rules of trading are simple, but the execution is not easy. In this video, he goes through the 5 things novice and intermediate traders need to do in order to succeed: JR shares: The post-market routine you need to establish Keys to creating a solid game plan How to recognize what is moving in the market How to find your edge in trading Why money and risk management rule all
Continue Reading -->Why SPX Will Hit 6000+
On September 25, JR Romero issued a $200 price target on Nvidia (NVDA). And since then it’s run from $123 to $134+. Now he argues that the SPX will soon exceed 6000: JR shares: The simple reason JR can’t be bearish right now – even when he’s uncomfortable Why he’s so bullish on Palo Alto Networks (PANW) going back to $380 His shocking price target on Microstrategy (MSTR) The bullish technical pattern in Starbucks (SBUX) Carnival’s (CCL) “beautiful” technical breakout, which could mean a 35%+ move Why Robinhood (HOOD) looks to fantastic And more! Yes, JR delivers even more great ideas in this 3 minute video — including a chemical name that could rally $100, and his #1 pick of the week.
Continue Reading -->Why Nvidia Will Hit $200
JR Romero just issued a $200 price target on Nvidia (NVDA). Find out why the leading AI stock still has tons of upside potential left: JR Romero says $NVDA is going to $200. These are the levels it needs to clear to make this happen by Q2 of next year: pic.twitter.com/9fGsqI3EiT — T3 Live (@t3live) September 25, 2024 You can watch the full episode below We go over: How “boring” utility stocks like Constellation Energy (CEG) became accidental AI plays The stock market implications of AI bleeding the electricity grid dry JR’s basket of favored utility/infrastructure/cybersecurity names that play on this trend Why JR is so bullish on Silver (SLV), along with his rather bold price target Why Nvidia (NVDA) can go to $200, and the time frame JR has in mind His choice for Super Bowl champions… and his opinion on sports betting play Draftkings (DKNG)
Continue Reading -->The Trend Is Dead – So Keep Your Head Together
JR Romero argues that the trend is dead. And that you have to change your attitude to succeed in this market: JR explains: Why he identified QQQ $462 as a potential bullish trigger for Nvidia (NVDA) and AMD (AMD) What’s changed in the current market environment Why the current trend is broken, and how you can adapt to it The problem with obsessing over forecasts and opinions How traders should think about economic and political trends Why he sees risk of a recession, and what that means for traders The unique advantages day traders have over big money managers Why the upcoming US Presidential election is likely to drive volatility Why swing traders are having such a hard time right now
Continue Reading -->Nvidia Has a Beautiful Story – But I’m Not Buying Into Earnings
JR Romero LOVES the long-term story on Nvidia (NVDA) – but he’s not buying into today’s earnings report. JR goes over: What Google’s Larry Page signaled about AI Why the long-term story for Nvidia is so great The near-term dynamics that don’t guarantee a huge pop in Nvidia today Where Nvidia needs to guide to keep rallying And MORE!
Continue Reading -->Why SMCI Is Trash – JR Romero Explains
Super Micro (SMCI) has collapsed in the face of accounting concerns. And JR Romero say it’s going even lower: JR also goes over: What Nvidia (NVDA) needs to do on today’s earnings report Why he thinks Nvidia is going to $200 The reason he thinks SMCI is not to be trusted The powerful lesson learned from the collapse of the AdvisorShares Pure US Cannabis ETF (MSOS) Why he’s okay with his children being gold bugs
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