SPY could only manage 394.17 this morning on less than light volume. Now it is flirting with the gap left from Friday's close. This has the feeling of a gap and crap, so this may be the turning point I've been looking for. A loss at the current level of 392.25 and things could go badly.
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sell, pullback coming... stocks are too jittery at this level. The search for value is getting harder
and complicate further by rising debt rates. This might not be a very big pullback, though, because
of the stimulus. Also, be choosy. Stay-at-Home Tech is tired but other sectors are young bulls.
But even the young bulls have to rest sometimes.Comment -
I went back long with UPRO (87.64), SPY 392.00 when the tide was starting back up. I figured the Trick, Trap, Fool, Frustrate, and Fuk Over crew are at work here and they would put in a late morning pivot to float up the rest of the day. At the end of the day, I think they jam the SPY up to just past the $394 level it was at this morning.Comment -
Only thing new I added today was FLNT@7 & 6.9, another digital advertising play...which is a sector I am EXTREMELY bullish on this and forthcoming years....right now you see the money pouring into social media like SNAP, TWTR and PINS...also connected TV....like ROKU FUBO DIS NFLX...but eventually the picks and shovels of WHO is allowing this content to be accessible to advertisers is growing.... I am already Donkey Kong LONG on MGNI PERI & now adding FLNT...
.....this is the wayComment -
NNDM just announced offering at $12.8 on Feb 18...I HIGHLY suggest you get you some of that on the next dip....if you are not familiar they are leading the frontier in 3D printing of circuit boards, chips...I am already ballz deep since $1 and still fuking adding to $12...i swear one day I am gonna go to Israel and kiss these fuks on the mouth for continuing to raise offering after offering to allow these dip buys....word on the street is their product 3D prints none other than graphene products...maybe perhaps for spaceX, who knows...just a rumor lol, and major deals already with orbital satellite 🛰 and EV companies...
....This is the WayComment -
Magilube (EVFM) is up like 25% today. Thanks Trobinator.Comment -
spac lgvw became bfly 16.4-to 26.4 chachingComment -
APPH was a spac that traded under NOVS, ran up 150% already, same concept, just more focused on produce....
the concept... vertical indoor farming or robotics/drone driven outdoor, this is the future....it’s more AI driven, less labor, less water, it’s a good stock but I’d wait for it to chill...
I also own AERO or AeroGrow, which is more of a B2C concept, I actually bought my mother an indoor herb farm that can fit on her kitchen counter and she loves it...
Another outdoor autonomous drone company I think is undervalued and have been buying up between $27-34 is Raven; RAVN, otherwise John Deere actually has the largest market share in farming robot/dronesComment -
Chico butterfly is legit, good long hold, computer assisted diagnostic ultrasound is going to change the game especially for providers in rural areas w/o access to radiologists. I also like ICAD NNOX & HOLX, same field, software can help make a diagnosis from imaging, combine that with an actual radiologist and you have less medical errors...this is the wayComment -
My space left
apxt losing ass
bft and bft warrants
cciv
nga
sbe
wpf another foley spac.
only i kept after merger
playboy and butterflyComment -
Good buying opp for PLTR?Comment -
Biden and democrats with the gold economy standard.Comment -
What happened with Tilray and many of the other pot stocks? Tilray was up circa $2 overnight now down circa $5?
They did report ATM yesterday.Comment -
Only thing new I bought was LIVX, livexlive, didn’t even know it about until yesterday after reviewing holdings in SUBZ etf(Roundhill connect tv/steaming etf)
theres plenty of research stuff out there but I’d recommend hitting up finviz, super disruptive to even current streaming like pandora/Spotify... strong yoy growth, only insider buying around $2-3, analyst upgrades, I got a small bag at $4 flat yesterday, I’d say best accumulation range is $2.5-3.7Comment -
Bought hvbtf for sub 2.40. Flying for me. Also bought more nerd again.Comment -
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I’m long $HD $SQ $TDOC $MGNI $NVDA $MRNA $DKNG
Square shld be interesting, they’ve basically flipped their 50 million bitcoin investment into 200million already and have likely driven up bitcoin commission revenue through cash app well over 50-100% from last quarter...I see SQ and PYPL trading at over $400 by end of year assuming btc hits my price targets
TDOC will be $400 eoy also...get ready to pound on a post earnings pull back...they have yet to give guidance on how they will integrate Livongo, but when they do 🚀🚀🚀🚀
Magnite is a possible trade desk in the making....I wld get in now and also hope for a post earnings pullback...FLNT INUV PERI are also connected tv/digital advertisers to look at💡
NVDA...they have their hands in everything, but the two things I’m most excited about are their gpu processors and how much they are needed for deep learning and btc mining...NVDA will be $1k this year
MRNA...I came here back in probably may or June of last year when it was $50 and flat out told you Moderna was almost certainly going to be the winner in the vaccine race, and gave you an almost perfect thesis that played out to the Tee...I am a broken clock so when I’m right I’ll let you know..anyway... I did add more MRNA a little over month ago when it dropped to $109.....this virus isn’t going anywhere...the MRNA is better than Pfizer..and they will have continued revenue for foreseeable future...there are two other companies developing MRNA based vaccine and treatments I am waiting for a good entry...IONS...as for covid vaccine that cld possibly replace Moderna...it’s Novavax...they may be able to make a Flu+covid all in one shot.
DKNG...I’ve been adding this consolidating between $50-60, next leg up will likely be 90-$100 so best to get in now...I also have GNOG since $11 and added more this week...just look at the chart...it’s about to have a nice breakout any day now...Comment -
trob you see the microsoft + humbl + dgb rumblings???Comment -
This is only interesting article I’ve seen on humbl recently....I’m already up huge on these homies and still averaging up!!! If you don’t get some skin in this you are a noob...even if it goes to zero it’s well worth the risk
https://seekingalpha.com/article/4407132-why-i-believe-tesoro-humbl-is-next-big-thing-in-fintechComment -
there were a bunch of shorts from what i was reading this week in particular. i would have expected a lot of profit taking/ pullback the last 2 weeks after such a monster run up.
open on feb 1st was .38 so still up 200% if you bought then. i truly believe in the product but when it hit the 1.70s - 1.80's it was hard not to profit take since i was expecting a pullback.
if i would have sold we already know what would have happened so im just holding strongComment -
ALLer and TRob -- thank you!!
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guy gave out hvbtf and i bought at 2.48. Doubled my money but wish i would of bought more.Comment -
great day to buy today
another great day to buy tomorrow
PLUG at 49
earnings in a few daysComment -
Looks like the market may have put in a top last week. We will see if turn around Tuesday comes through today. I think the SPY will probably run down to the 20 DMA and bounce somewhat. As I am looking at the futures right now, the SPY is already there, so expect a bounce right outta da gate, if not, watch for some more selling down to about 380.50, and then perhaps 370 on a good push. I'll be a buyer at those levels with a keen eye out for selling resistance. How much of a bounce determined by the buy the dip crowd. Just like last time the SPY will need to move above last weeks high of 394.17 to get me out of the top is in camp which will put 400 back on track. In fact if the SPY gets up to the 394 neighborhood, I'll be hitting the short button until I'm proven wrong with a break out.Comment
