Winter is Coming for These Stocks! Will Your Investments Survive?!

A Khaleesi's Eye on the Market

My loyal subjects! As Daenerys Stormborn of the House Targaryen First of Her Name Queen of the Andals and the Rhoynar and the First Men Lady of the Seven Kingdoms and Protector of the Realm I have faced down Dothraki hordes and scheming lords. But even I must occasionally turn my gaze to the less dramatic yet equally treacherous world of… stocks. Today I bring you tidings from one Ari Wald of Oppenheimer who seems to think he knows a thing or two about where to park your gold dragons.

Netflix: The Streaming Dragon That Roars

Wald this advisor to the Iron Bank suggests that Netflix is 'working.' 'It upheld its 200 day average' he squawks! Well good for it! It appears this streaming dragon has proven its worth rising from the ashes like a phoenix (or perhaps one of my own dragons though considerably less fiery). He suggests trading around the $960 mark. Perhaps a shrewd move though I'd be more inclined to use dragons than dollars personally. But remember 'When you play the game of stocks you win or you die'. There is no middle ground!

MicroStrategy: Betting on the Bitcoin Rebellion

Ah Bitcoin. The cryptocurrency that promises freedom from the Iron Throne... I mean centralized banks. Wald thinks MicroStrategy (or Strategy as they are calling it now) a company that hoards these digital trinkets is a good way to gamble on Bitcoin's price. He says shares above $343 signify a near term bottom. If it fails and crashes below $256 well 'Dracarys!' to your investments! A very high risk high reward play even for someone who hatched Dragons. "Valar Morghulis Valar Dohaeris." This is a play for higher bitcoin prices.

EOG Resources: A Fiery End?

Now for the bad news. Wald has a 'sell' on EOG Resources claiming lower oil prices are coming. He sees 'vulnerability and risk' and a 'poor risk reward balance.' Seems like this stock is about to bend the knee and not in a good way. It appears even the Iron Bank knows oil is becoming less valuable. "Fire cannot kill a dragon" but low oil prices apparently can cripple an oil company.

Crude Awakening

He warns that the price of U.S. West Texas Intermediate crude oil has broken below $65 a barrel. It's like the Red Wedding for oil barons! Tariffs are causing an economic slowdown. Supply is up demand is down. Best to steer clear of these stormy seas.

Attend the Wall Street Games!

If you're feeling brave enough to weather these financial storms CNBC is hosting a 'Pro LIVE' event at the New York Stock Exchange. Experts like Carter Worth Dan Niles and Dan Ives will be there. Plus a cocktail hour! Perhaps I should attend though I suspect the wine is not as fine as what I drank in Qarth. But hey at least it's not poisoned. Remember even a Khaleesi needs allies in this game so choose wisely!