Hearing enough about this Rittenhouse case it’s worth a shot on AXON, DGLY & WRAP in case the shit hits the fan
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Market a son of a bitch
Just buy and hold long term
No other strategy effective
Buy also on dipsComment -
Almost time to open up your wallets , VIX looks readyComment -
Any reason to hold on to magi-lube at this point?? Nothing left but thought maybe worth taking the loses by end of year.Comment -
Big Nazzy bump in after hours...Comment -
Seems like the market is due for a dip. When is the next round of partisan negotiations on the debt ceiling?Comment -
The full moon effect is on the docket today. The tin foil hat wearing crowd is winning the day so far. This happens often enough to make me wonder how it happens.Comment -
SIGA TECHNOLOGIES, INC. (SIGA) Spiking on Smallpox News
Up to Approximately $113 Million of Oral TPOXX® Targeted for Delivery to the U.S. Government in the Fourth Quarter - Form 8-K
"Looking forward to the fourth quarter of 2021, we are coordinating with our supply chain to deliver up to approximately $113 million in total of oral TPOXX® to the U.S. government, almost 30% of which was delivered in October. This progress highlights the strong and growing revenue base of TPOXX, as well as its continuing importance in orthopox health security preparedness."
Over the past decade, the U.S. government has procured, or has current orders for, approximately $705 million of TPOXX for national preparedness. The oral formulation of TPOXX was approved by the FDA for the treatment of smallpox in 2018.
'Smallpox' Vials Found in Pennsylvania Facility's Freezer Did Not Contain Virus: CDC
Frozen vials labeled as "Smallpox" that were found in a Pennsylvania vaccine research facility's freezer did not contain the virus that causes smallpox infection, the Centers for Disease Control and Prevention said Thursday.Comment -
I don’t have a problem with SRUUF, the only perceivable problem is liquidity with OTC stocks...I see very clearly almost 6 years of accumulation in UUUU, so that’s be my top recommendation for mid cap. If I have an overall sector thesis, like I did with uranium, then I will pick a large, mid & small cap and just keep adding to them. There is just no technical chart data to rely on for SRUUF, so the margin of safety is better in the others...I have no doubt SRUUF won’t moon....along with rest of sectorComment -
As far as Uranium, I am looking at adding more CCJ <24, UUUU <8.5 & URG <1.5
uranium futures should be pulling back here and notable past 2 week insiders sold...they usually know their market well...my approach is just accumulating on dips and not trying to trade it. I think we have at least a year long bull market ahead, China is building out, Bill gates is building out, and I am almost certain another clean energy spending Plan will include a massive amount of spending on nuclear...we absolutely cannot legit move to clean energy without uranium. This is the best opportunity I see besides blockchain and crypto.Comment -
DXY looks toppy
US10Y is ranging in no man’s land
IWM is right at support
Biden just signed Bill
First time in 2 weeks I don’t see doom & gloom on front pages
China implementing QE should give fuel to liquidity
I am bullish into this week
If we get 3am pump on btc MSTR will go back to 800 quicklyComment -
Yeah TRob doesn't appear to be anything on a macro level between now and santa claus. Any let up in supply chain pressure simply fuels us w a backwind.
The transitory nature of this inflation cycle has finally been absorbed and believed by the market makers and from where I sit this is fantastic news for the broader markets.Comment -
Bought rblx and lac this morning. Let see how it plays. Gl guys.Comment -
I'm not seeing the markets as being in good shape here. Sure they will likely float up this week and maybe going into Christmas, but after that I see some serious storm clouds starting in the bond market with continued inflation. The supply chain maybe subside but the inflation part is here to say for a while.Comment -
Been in LAC for the past year or more (DCA $18). Lithium has been circa 20% of my portfolio. LAC is up huge of late as most Lithium. I would consider diversifying a bit into LIACF, ALB, and there are a few others which I would be glad to share. Just a little worried LAC has seen such a significant move. BOLComment -
Maybe the contrarian play is a correction into the expected Santa Claus rally...get some margined positioned liquidated, we are leveraged to the
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I started LIACF buying < $1. Added here and there to my detriment (and sold some for profit), but it's at circa 4.30 now. There are 2 or 3 other LI stocks which have been doing great for me.
Best of luck with LAC, just wanted to point out the significant short term rise and that you may be getting at the ATH. I'm no genius, just trying to help. BOL.Comment -
we are leveraged to the
Oh my don't get me going. When will one of these talking heads explain to a fool like me how they keep bumping up against a budget ceiling but continue adding trillions upon trillions isn't going to raise that very same ceiling. Doesn't one beget the other??Comment -
TradeSmith (Trade Stops)
Any thoughts on this service??
I was looking for a way to transform VQ (volatility Quotation) into percent stop trades but not not sure they are the answer.???Comment -
So today they killed them into the close. Tomorrow if the SPY runs down in a quick fashion to 465-464ish, I'm a buyer for some calls and an attack to get that Christmas cash for an expected bounce, then out by Wed's close. If on the outside chance the SPY can fall to 462 461ish, not only will everyone's hair be on fire, but I would be backing up the truck to load up on the same calls that expire Wednesday. Cut and run at 460.Comment -
Rumor has it Tesla going to do another stock split in decComment -
It's game time for the SPY bulls. Spiked down to 464.46 and the rescue operation or pivot is underway.
I bought SPY 465 Calls at around 2 bucks and I got a shit load of them too. Just looking for a bounce into the close today so above 467ish is all good for me to start to unwind. I jump out of everything on the 2nd 10 minute candle close below 464.Comment -
NAZZY dropped all the way to 15,606 only to snap back and climb back to a 15,775 close.
a 170 point climb back up the last 75 mins of the session.Comment -
WTF is going on with DKNG??Comment -
OK lets go over today's action because like the QQQ's, SPY was pretty much the same setup, and this was an easy one to take advantage of for everyone. Hell I even told you all about it last night to be on the lookout. A Christmas Bone Us from the market.
Lets start with a 20 Day chart with hourly candle closes. I have $465 and $467 circled on the chart as important spots. You can see by the yellow highlighted lines that these 2 spots have been resting points or points of inflection on the way up and down. There are others to note like $470.50 (also on the chart), which I believe is tomorrows target for the SPY, and another one that I didn't mark at about the $468.70 area which is real close to today's close.
Now lets look at the action from late yesterday and today, on a chart with 10 minute candles.
I marked the same $465 and $467 levels, and the opening for today. Basically the SPY opens just above the support of $467, spikes through to around $466.30ish, rips back up to close right back at support ($466.99) then:
- Takes off with a nice rip you a new one candle to give the appearance of a run-a-way holiday market. Giving me the left at the starting line feeling.
- Then it peters out at the $468.70ish level which is below the top of the breakdown candle just to the left. (The big ass red candle from yesterday's close or 2 candles to the left for the color blind).
- The SPY then gives the look of the floor dropping out with another break down candle with a low that is lower than the other just mentioned breakdown candle, then closes near support of $467. It hangs out for a quick beer before continuing to plunge down to the next level of support. It happened in a quick fashion which is the way I like it so I can catch that knife starting right at the top of the zone I let you know about yesterday at $465. The price spikes through but notice the candle doesn't close below the $465 level. The price chops around between the two price levels in a choppy manner for a while drinking another beer or 2, or even 3, before finally busting out of that range around 2:45.
- SPY then uses the $467 level as support before it creeps higher into the close. If you look closely you can see where the price crept to the $468.70ish area before falling back a little bit into the close. There are no accidents in the market everything happens for a reason. The price pulled back in the last candle of the day to be ready for tomorrows holiday grind higher floater of a tape. It will probably gap above the $468.70 level on the opening climb a little bit come back to retest before taking off to the final destination.
- I have to get rid of these calls tomorrow before the close, so the box is the area that I am targeting for the exit. So I bought the calls at $2.00, and now they are worth $3.17. If I can get it to close tomorrow at $470.50, that would be $5.50 over the strike of $465. Pretty good for a days work as long as you break down where the important levels are.
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