BlackRock... Time to take advantage.
Yeah that's right, it's time to buy shares of the bad guy's company. Do you really think a firm safeguarding $11 Trillion in assets is going anywhere? I wouldn't guess, which means any dip that comes along is more than likely a gift from the market. With that being said, 
BLK has seen just under a 9% drop from its regional high. So I'd like to thank the market for making my job easy. However, I would like to identify that I am not calling a bottom, but rather being first to buy the dip so I don't regret it later. Let's get into the specifics...
As you can see, BlackRock (along with virtually all other financial institutions) had a fantastic quarterly report which also reflected shareholder optimism. Unfortunately, in the face of economic, foreign, and American financial turmoil. Thankfully,BLK experienced a small tumble opening an opportunity for those of us that enjoy buying on discount.
So that's nice considering the uncertainty in the world, but what about strategy, do we just buy and pray or is there a target? Well here it is, split up into a "Buy Zone" (that being a gap fill play) and a "Super Buy Zone" (banking on a 200 EMA rebound). This strategy is illustrated below.
But wait, what about the Fed? That part is even easier, if we get some rate cuts moving forward, then we buy buy and buy again. However if we get rate raises, understand the the market is going to HATE it, so any financial institutions are going to get crushed. Keep your eyes on all important American Economic metrics here (
FEDFUNDS , M1V , RRPONTSYD ), for alternate financial institutions to look for dips see, ( 
MS , 
JPM , 
C , 
BRK.B , 
BX , 
GS , 
ICE )
BLK has seen just under a 9% drop from its regional high. So I'd like to thank the market for making my job easy. However, I would like to identify that I am not calling a bottom, but rather being first to buy the dip so I don't regret it later. Let's get into the specifics...As you can see, BlackRock (along with virtually all other financial institutions) had a fantastic quarterly report which also reflected shareholder optimism. Unfortunately, in the face of economic, foreign, and American financial turmoil. Thankfully,
BLK experienced a small tumble opening an opportunity for those of us that enjoy buying on discount. So that's nice considering the uncertainty in the world, but what about strategy, do we just buy and pray or is there a target? Well here it is, split up into a "Buy Zone" (that being a gap fill play) and a "Super Buy Zone" (banking on a 200 EMA rebound). This strategy is illustrated below.
But wait, what about the Fed? That part is even easier, if we get some rate cuts moving forward, then we buy buy and buy again. However if we get rate raises, understand the the market is going to HATE it, so any financial institutions are going to get crushed. Keep your eyes on all important American Economic metrics here (
FEDFUNDS , M1V , RRPONTSYD ), for alternate financial institutions to look for dips see, ( MS , JPM , C , BRK.B , BX , GS , ICE )Transaction en cours
BLK has entered the first "Buy Zone" and is showing some resilience.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.