Great LNG play here. Not everywhere has pipelines. New England for example. Everything has to be transport by ship and then by ground here. GasLog Partners LP is a limited partnership company. The Company focuses on owning, operating and acquiring liquefied natural gas (LNG) carriers under multi-year charters. The Company's fleet consists of 14 LNG carriers with...
Looks like we will rally at market open. Here is an ascending triangle I noticed on the Invesco QQQ.
A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows. From Trading Sim: You can identify the descending triangle reversal pattern at the top end of a rally. This pattern emerges as volume...
Another oil play. With a slightly greener way to frack in the spotlight. U.S. Well Services, LLC, provides high-pressure, hydraulic fracturing services in unconventional oil and natural gas basins. Both our conventional (diesel) and Clean Fleet® (electric) hydraulic fracturing fleets are among the most reliable and highest performing fleets in the industry, with...
If you missed out on the oil and crude plays of recent weeks, this play might be for you. Oil drillers are allegedly feeling the pain of a worker shortage, and drilling equipment shortage. According to CNN , "They can't find people, and can't find equipment," said Robert McNally, president of consulting firm Rapidan Energy Group. "It's not like they're...
Russian forces recklessly shelled a nuclear plant last week. This led to a sell-off over concerns that countries might take a step back from nuclear power. This turned out to be an emotional overreaction. The plant was completely safe, and only an administrative building was damaged. Uranium plays are now available at a relative discount. According to...
Snapchat has probably peaked in terms of its popularity. Yes- a lot of us use the app. Including myself. But what do they really do that is hard to replicate? All of that aside, technical analysis says this stock is overpriced. Bearish double top. Massive gap down below that has already broken. I originally meant to share this last week. It has also lost both...
UPDATE 3/5/2022: DAILY DRAGONFLY DOJI The hits keep on coming for Donald Trump's signature social media application "Truth Social". According to The Daily Beast , "In recent weeks, sources have heard the former president on the phone swearing gratuitously and asking things like, “What the fuck is going on” with Truth Social. He’s repeatedly groused about...
As recently as yesterday, before Russian forces recklessly attacked Europe's biggest Nuclear facility, I posted my thesis that the VIX was heading toward a decision point on March 10th. CPI data release for this month. If this original idea was correct, one should expect a relief rally today. It would make a lot of sense considering volatile market action...
A good trading friend of mine asked for a fresh set of eyes on $OPEN. I figured I would share here. I don't like the impersonal style of this company. When people sell a home- they want a personal relationship with their realtor. Anyone with their chops would tell you it's best to expose the house to the market and let a bidding war take place. This model is...
Earnings were not kind to $LCID. Lucid Group cut its car production forecast for this year by as much as 40%. The company cited supply chain constraints and parts quality issues for slashing production to between 12,000 and 14,000 vehicles, down from initial expectations of 20,000. “This reflects the extraordinary supply chain and logistics challenges we’ve...
Long before Putin rolled his tanks and 180k troops into the independent and democratic nation of Ukraine, there were rightful concerns about inflation and its effect on the US economy. The war in Eastern Europe has served as a convenient distraction for us while we laugh off Jerome Powell's 'transitory' inflation comments. There have been some indications that...
Looks like the US is going to be hitting another Russian "ally"- India. Easy short here if you missed out on the Ukraine/Russia directly related geopolitical play. Biden weighing sanctions on India over Russian military stockpiles "The Biden administration is weighing whether to impose sanctions against India over its stockpile of and reliance on Russian...
Another name here shows the weakness overall in QQQ- AMZN. Looks just about ready to have a failed breakout and send the market lower. Some other tech names including QQQ have a similar look. This short will pay. Get in while you still can.
What do they say about Jim Jones and the kool-aid? I'm not talking about the rapper either. I'm talking about the Jim Jones who shot himself in the head after poisoning his entire following with a concoction of lies. We are about to see something similar on this overbought, nearly worthless stock. As Dan Primack of Axios wrote yesterday, " Trump's Truth Social...
With war raging in Eastern Europe, commodities are hotter than they have been in years. Why play big tech when you can play a name like this? Much better odds at the NYSE casino. Simple supply and demand here. Less supply, more demand. This name should do very well to start 2022. New Pacific Metals is a Canadian company focused on the exploration and development...