The paper chasing here is comical. Value guys jawboning the end of days for tech meanwhile they have their own bubble forming on account of a 30 bips freakout on the 10 year. 👌🏽 Rolling puts hard into April.
As long as energy gets a bid, Uber rallies into a post-pandemic economy. BULLISH, accumulating shares @ 49,50 (w/an S&P selloff). Out of the money calls if it retraces into the channel mid-line.
dealerships weren't doing great pre-pandemic, then everyone needed a car to travel. The chart says it all. Amazing picture of demand. But now everyone jetting jabbed, flights are getting booked, less people driving to vacay with $3/gallon gas, and Uber is getting back online for commuters. I personally think dealerships are in their last months/years. As new...
SYN wants to melt up, dipping my toes in the water; defined a decent term structure, interesting to see if it ricochets off some cozy levels it's gravitated toward in the past. Doubtful it'll trigger as the time in force for a rally to sustain in this name is around 3 weeks, which could mean there might be scalping to be had as it peaks. That said, staying...
opened another long position again in shipper $CTRM ~ 0,96, stop at 0,78, taking profit at 1,42. probably could run to 2,75 but it's volatile, no options available, etc. be careful, I'm obviously not an advisor. do your homework, don't trade unless you can afford to lose your inital investment.
this company is soon becoming garbage, their inventory sucked through the pandemic, promos are marked up to mark down, Walmart beats them on pricing every dam day, Albertsons has higher quality produce, Amazon Whole Foods will squeeze them out on product, client, business model & investments in the next few years. KR's POS tap-to-pay is cliche clubby & worthless...
The name is catchy, the model is highly addictive, activity is becoming more widespread legal, odds are hella better than lotto, the social aspects of getting friends together on the same platform, so customer/money retention will remain high once they got you onboard. A lot of money will get torched here in the coming years including $1400 stimulus handouts as...
EV and it's underlying tech workhorses looking to rally 50% this year. 50 bips on the 10 year is not going to stop progress, time or fundamentals in science and technology. Mar 19 26 calls.
concession stands, sticky floors & subpar seating won't save AMC from direct-to-consumer content streaming. In an age when people no longer want to handshake, what makes bulls in this name think we'll pack a theatre breathing, laughing, droplet-spewing on each other? April 1st 8,00 puts.
too bad this stock decided to not get more done in Q3& Q4 2020. Although $1,400 might be a sweet down payment on a set of new kitchen cabinets & appliances. The well-to-do cohort who are getting stimulus money + near-6-figure salaries are upgrading their homes; they re-financed at 2.75%, rolling in home equity and probably shorting meme stonks as we speak. Fact...
$BNGO genomic data crunchers, DNA imaging. These guys are basically the backbone to de novo genome assembly researchers to what copy machines were to offices in the 1980s.
rolled into some stock & long dated call options today and yesterday. Threw up in my mouth just watching this get butchered from the sidelines. It either snaps back and participates in the market or goes to $15, then acquired. It's worth something, my take is currently just north of $100, by mid July $200
in the stock, small long position after recent sell-off. showing some consolidation here at the ~$20 level. needs to form a new structure and break through a few different overhead support levels in order to be bullish.
Liking the setup for MP, similar structure repeating compared to its initial rising wedge out of the SPAC gate. Decent support amidst a horrid tape. Coiled spring if rates back off and indices rip. A miner exposed to tech manufacturers, naturally would trade somewhere between these two industries. Integral part of the future tech & transport.
wild chart, amazing prior year rally. New structure formed, hitting fibonacis clean. Likely to test 12,200 and possibly 11,200 if last year's channel has been fully abandoned. put buying on rallies bouncing off the fib channels. Prior 2 pivots confirmed it's responding to these levels
mapping out a few possible scenarios leading up through the first week of August 2021. 2/3 maps convey the view that we're simply overbought and correcting seems the most natural outcome. There's really good evidence of 3-touch bottoms & tops where the upward channel sits. It's really hard to slice a bull flag as a formation that would supersede this concrete...
Loving CRWD and cyber security for 2021. Compelled to wait for this to go on sale. Spent a couple hours looking for support and it's slim pickings. If it can't stay above the .786, there's a weak ledge to ricochet off and then a chasm the size of the grand canyon below it. Tight stops if you're pulling the trigger this week and next. 🤙🏽
Surprisingly a name that went traditional IPO vs. SPAC, but still doesn't matter when viewed through the lens of liquidating speculative margin positions to raise cash. More room to the downside in SHLS, possibly until we hear progressives push Green New Deal forward will this sector get a bid. Sell off looking thoroughly cooked, will likely bounce around for a...