Stock Market Discussion -- started 03/06/2018 -- updated daily !!!

[Madison]

Anyone here watching LIACF? I've been in and out. Held 6K shares a year ago. Sold a few K shares in the low 3's. Got scared off when it dropped to 1.30-1.50. Currently trading at an ATH of 3.62 up 200% in the last 3 months or so???

I still have 1K shares but feeling really dumb.

[Slurry Pumper]

So everything looks really bullish here. Just about all the index things I look at are at the all time high with the exception of the XLF. That is the only thing that is making a bearish flag pattern right now. IWM had a monster day, QQQ is up there, SMH floating up as well. Wit hall this bullish behavior I can't help but think that we are ready for a huge breakout here when the FED comes out Wednesday and lies his ass off and find yet another reason not to take his foot off the gas with the free money. By his own reasoning, he should start to pull back with the inflation rising through the roof.
I think we may be in for that blow off top I've been looking for here for the last couple of months.

Then again things can just fall apart here and we have another pullback starting this week, but my guess is no, its off to the races for a little while. Never mind that the world is falling apart, our president can't go to the Vatican without shitting his pants or that he forgets big time world leader's names, or that we have half of the world's ships hanging out waiting to get off loaded, or that it cost $4 for a gallon of gas, or that half of South America is marching up to cross the southern border, or that half of the cops in our cities are getting laid off just as crime is spiking, its all good. The market doesn't care and hop on board cause the blow off top train looks like it is coming this Christmas.

[trobin31]

KULR looks really good. watch for it to come back and retest 2.5-2.6 and if you can get a position I think it’s a play. I bought around 1.5 after Goatmilk mentioned it. The business is legit and growing exponentially. Now it’s also on the radar of a lot of social media apes too. So I don’t think some absurd valuation to 1Billion is unreasonable.

[homie1975]

KULR looks really good. watch for it to come back and retest 2.5-2.6 and if you can get a position I think it’s a play. I bought around 1.5 after Goatmilk mentioned it. The business is legit and growing exponentially. Now it’s also on the radar of a lot of social media apes too. So I don’t think some absurd valuation to 1Billion is unreasonable.

I wonder what happened to GOATer.

he disappeared.

[trobin31]

KULR is in price discovery mode. I think it hits the Fib around $4 before cooling off, pun intended.

Sounds like China is not backing down from their Covid-Zero policy in the face of another covid outbreak there....so Oil and bond rates are getting slaughtered in anticipation of declining demand. Also OPEC stuck with their plan to boost supply. I cashed some of my Oil chips like GUSH and UCO. This is very concerning development overall as the supply chain struggles are already in terrible shape, this could be the straw which breaks the camels back if China buckles down hard.

My plan for rest of year:
uranium dips are for buying
crypto dips are for buying
looking to get a long entry into copper, likely miner COPX, closer $30 I would bite
Currently swing trading CLSK on its recent breakout, set stop below $20

[Slurry Pumper]

I think we are back into blow off top mode for sure. How long will it last who knows, I think it goes for another month or so until December, then we'll see how the supply issues are going and if anyone cares before we stop.

[chico2663]

Boys should of gave you this at 8 …vld. I gave you nio at 1.98. It is gonna be a home run like that.

[Slurry Pumper]

As I gaze at my crystal ballz that are freshly shaven, the market is telling me that we are at a near term end of the run. Monday we might eek out a gain, but then I think we are in for a pullback of some degree. The SPY has been going up for about a month now and we have had very few down days. So next week will determine if the SPY can make higher lows and keep my blow off top narrative going into the next holiday where we stuff ourselves with Turkey, Booze, and Football, and remember the good old days when the settlers befriended the indigenous people for a feast right before we decided to herd them onto some land we didn't value. Don't worry Chief Spinning Wheels is getting his payback with granny's Social security check so all is good.

[homie1975]

biden's deal getting approved the house should help..

[trobin31]

I’ll probably be looking to do some selling into this week if we keep chugging higher, options expiry the following week to dip buy and then get fat on profits thanksgiving week

[trobin31]

Took a look at some of our favorite gambling stocks....found some interesting and looking to buy into recent weakness

$GAN...multiple lights flashing oversold and selling exhaustion...also got AI signal for high probability reversal with 75% upside over next 3 months

$DKNG...similar to GAN, seeing pretty significant selling exhaustion on both high and low time frames...Low $40s has been a very stable support for over a year...bands are squeezing so I think a move is on the horizon...on another note...I have find myself using DKNG sportsbook now more than ever before...so revenue is likely to continue its pelvic thrust higher...although looks like they are shelling out a lot of money in advertising

$PDYPY....aka Flutter/Fanduel...who dominates US, Europe and Australian markets....this one is still in a long term bullish uptrend...with recent short term selling likely to finish here soon

Overall I have them listed in order of risk/reward upside...GAN could 1-2x in a relatively short timeframe, DKNG I expect could come back to 60s and PDYPY is probably your safest bet

[trobin31]

What timing, as soon I buy the DKNG calls, NY state announces

[trobin31]

bought some Disney

if you zoom out we are at the bottom wedge going back to Covid sell off, oversold, bb squeezing and US just unrestricted international travel..

house of mouse is gonna let it go

[trobin31]

New York state gambling regulators approved online sports-betting licenses Monday for nine operators including FanDuel Group, DraftKings Inc. and BetMGM to operate in the new market.

The companies' sports-betting revenue would be taxed at 51%, one of the highest among states where sports wagering is legal, said regulators. Still, New York's huge population represents a potentially lucrative mobile betting market for gambling companies. New York has estimated that mobile gambling will eventually generate about $482 million in annual tax revenue from a $1 billion sports wagering market.

[Slurry Pumper]

New York state gambling regulators approved online sports-betting licenses Monday for nine operators including FanDuel Group, DraftKings Inc. and BetMGM to operate in the new market.

The companies' sports-betting revenue would be taxed at 51%, one of the highest among states where sports wagering is legal, said regulators. Still, New York's huge population represents a potentially lucrative mobile betting market for gambling companies. New York has estimated that mobile gambling will eventually generate about $482 million in annual tax revenue from a $1 billion sports wagering market.

51% of profits is basically just privatizing the lottery. I wonder how the lines will be affected.

[Slurry Pumper]

So this week is working out pretty much like I thought it was with Monday eeking out a little bit. Then today busting down in the first hour of the day then making a bear flag pattern for the rest of the day. So tomorrow, I would be on the look out for a drop the floor out open and if it gets down to 462.50ish on the SPY, right now we are in 467.50 territory in a fast manner as a hot knife cutting through butter scenario, I'm willing to catch that knife at the $462.50 area. Then another catch at around the 460 area. If it gets to 460 quickly rather than slowly, a $7 move would shock the market a little bit and the shakeout operation would be complete.

If however it stair steps down there, I'm not interested.

On the up side if there is a rescue operation, we will see new highs before the end of the week.

Also like the same type of scenario with IWM at 234.50ish.

[homie1975]

TSLA down 17% in last 4 sessions.

I bought more at 1025

[ex50warrior]

I'd like to get IWM at a little cheaper price too.

[Enkhbat]

TSLA's down movement seems overreaction. Definitely should be at least 1100. DKNG also oversold, likely hits 50 soon.

[trobin31]

Monthly options expire next week so don’t think we move too much until after next week, that’s why I said I’d be selling I to strength this week, after this selling we should rally hard into Santa Claus

[homie1975]

TSLA's down movement seems overreaction. Definitely should be at least 1100. DKNG also oversold, likely hits 50 soon.

Nice 4% bounce for TSLA today. I'm long so these daily swings don't matter but still it's fun to buy the afternoon before the pop.

[Slurry Pumper]

Well the SPY spiked its way down to 262 and I jumped on board. Let's see if we rise tomorrow or Friday.

[homie1975]

Rivian

Who's already in?

Who's waiting to get in?

I'm picking my spot here. Might be too late.

[Slurry Pumper]

Rivian

Who's already in?

Who's waiting to get in?

I'm picking my spot here. Might be too late.

I have trouble picking brand new automobile stocks that have sold like 10 units with evaluations that rival long existing and proven auto companies. Then again the Telsa boat sailed without me as well and has not looked back so I get to chew on that as I see more and more electric cars whizzing around.

Looks like I may have picked a decent spot to jump in the SPY again and as usual. I think they goose the market this morning with the jobs numbers and then the Friday float effect will be in play. Next week we all will just shake off the horrendous inflation news that is finally starting to move those gold and gold mining stocks I am still heavily invested in. Next stop Stagflation everyone, so get out those plaid suits and grow that fro, we are going back to the 70's for a retro year. Of course that is next year but for the end of this year we are going to party all the way up the charts.

[trobin31]

Rivian

Who's already in?

Who's waiting to get in?

I'm picking my spot here. Might be too late.

I was able to get pre-IPO shares at $62, cashed out $120, great company but there’s no way this doesn’t give a better long term entry some time next year. Could keep going to $200 for sure.

[trobin31]

I went a bit more to cash, made a shopping list in case things get ugly next week

top of my list is CPNG, a massively growing South Korean E-commerce company...pretty sure I’ve mentioned it several times...the CEO is brilliant, the growth here will be throughout East & Southeast Asia...they have piles of cash and can see them going into cloud or fintech services as well. So, basically see this as a Sea limited potential company and we all know how that turned out.

I am still 100% long IWM/Small caps in my TSP retirement account...this should test 300 going into Jan/Feb.

my price target for BTC this month is 90k, so any dips on HUT MARA HIVE COIN VYGVF are for buying.

penny stocks....
KULR..may take out my cost basis around 5 bucks. But this feels like CLSK 2.0
CFMS...pretty good buy point here...
GSTX...graphene, trades in a really solid range for swinging, intraday, but the trend is up. Only drawback its OTC.
FCUUF...uranium, I’d look for this to test <0.60 and buy from there

Uranium...spot price is flagging and I don’t think we’ve seen anything yet from UUUU URG CCJ, these are the ones I am invested but there are several miners, developers and refiners to choose from...I haven’t heard anyone mention.

[Sanity Check]

[Madison]

Anyone here watching LIACF? I've been in and out. Held 6K shares a year ago. Sold a few K shares in the low 3's. Got scared off when it dropped to 1.30-1.50. Currently trading at an ATH of 3.62 up 200% in the last 3 months or so???

I still have 1K shares but feeling really dumb.

4.76 Friday close.

[Slurry Pumper]

All of a sudden all the charts I look at are showing me bearish signals. I lightened the load on those SPY calls I got just last week, and now I'm only holding a handful of those. They are still profitable until price gets down toward 462. Today the SPY came down to bounce off of the 20 day moving average and the last 5 minutes of trading got the price back over 467 which has been a pretty important level of resistance and support depending on which way the market is approaching. That's one of the few bullish signals for tomorrow that I can find. Tomorrow morning if we have yet another gap up I'll be using that to unload the remaining calls I have. If the SPY turns south watch out for 462, that is the level where the bulls need to bust out the defense and make a stand to keep this holiday rally intact. Below that and we could be getting our old dirty uncle who likes your little sister a bit too much and the family acts like he shouldn't be in jail but play nice while at the holiday dinner until everyone gets hammered up.

The Trobinator clued you in last week to lighten the load, and now I am telling you that the bearish signs are there. I'm not buying puts just yet, but I am looking around, and the QQQ and SMH are looking like can'tidates.

[homie1975]

I was able to get pre-IPO shares at $62, cashed out $120, great company but there’s no way this doesn’t give a better long term entry some time next year. Could keep going to $200 for sure.

Yeah i'm thinking in May/June due to a combination of the "6 month rule" for insiders to sell combo'ed with the "May Go Away" crowd.

[Madison]

I went a bit more to cash, made a shopping list in case things get ugly next week

top of my list is CPNG, a massively growing South Korean E-commerce company...pretty sure I’ve mentioned it several times...the CEO is brilliant, the growth here will be throughout East & Southeast Asia...they have piles of cash and can see them going into cloud or fintech services as well. So, basically see this as a Sea limited potential company and we all know how that turned out.

I am still 100% long IWM/Small caps in my TSP retirement account...this should test 300 going into Jan/Feb.

my price target for BTC this month is 90k, so any dips on HUT MARA HIVE COIN VYGVF are for buying.

penny stocks....
KULR..may take out my cost basis around 5 bucks. But this feels like CLSK 2.0
CFMS...pretty good buy point here...
GSTX...graphene, trades in a really solid range for swinging, intraday, but the trend is up. Only drawback its OTC.
FCUUF...uranium, I’d look for this to test <0.60 and buy from there

Uranium...spot price is flagging and I don’t think we’ve seen anything yet from UUUU URG CCJ, these are the ones I am invested but there are several miners, developers and refiners to choose from...I haven’t heard anyone mention.

Any thoughts on the divergence between RIOT and MARA?

[trobin31]

Any thoughts on the divergence between RIOT and MARA?

Treasury size & mining capacity

[homie1975]

the Melt Up continues.......

[chico2663]

TSLA's down movement seems overreaction. Definitely should be at least 1100. DKNG also oversold, likely hits 50 soon.

No Elon had to pay taxes

[Madison]

No Elon had to pay taxes

For good or bad, I sold DKNG maybe 6 months ago for circa $48 per. Ate crow as it went into the 60's. Have rebought my sold 50% at circa $42.

My question I guess is how material NFL is to them and their share price and whether the NBA/MLB can sustain their valuation??

Appreciate your thoughts.