nikodemuskell

nikodemuskell

I suggested a few days ago that $OSTK was a risky play, but it has bounced very nicely in the last couple of days and now is a whiff below $4. Recent positive events: - Jonathan Johnston, CEO, buys 30,000 shares yesterday at $2.6 - Appointed a permanent CFO in the person of Adrianne Lee, from Hertz NA - Patrick Byrne, ex CEO, is now able to buy the stock after...

nikodemuskell

$OSTK has been in tumultuous times since the sudden departure of Patrick Byrne. His handpicked successor, Jonathan Johnston, has lost in six months the market's confidence due to a series of incredible missteps: - Announcement of retail sale have pretty much stopped, and the ship has not been turned around yet. Wayfair being in deep trouble and retrenching...

nikodemuskell

The crash in oil is dictated by fundamentals - demand in freefall and production forecast off the charts due to price war. Gold has not been acting as a hedge pretty much against anything, given it is actually sold as a source of liquidation funds. Short oil and long gold seems a trend to continue in the short term from a pure technical standpoint. Contrary...

nikodemuskell

Despite a momentary fall during last week, during which the Nasdaq sold much faster than the Russell, it seems that money managers are still betting on tech stocks as a safer haven than small caps. Healthcare continues to be under pressure until the Medicare for all threat disappears, and financials are being destroyed because of the yield curve.

nikodemuskell

Palladium continues going parabolic

nikodemuskell

SPCE hitting 20 today

nikodemuskell

QQQ continues to massively outperform IWM. Apart from occasional repricing events, growth continues to outpace value

nikodemuskell

Given fracking residue and the massive destruction of gas, it looks like the industry is giving up on natural gas, which has broken today the $2 mark like nothing. Stay away until massive oversupply changes, or weather worsens considerably!

nikodemuskell

With dollar skyrocketing with risk assets in early January, Gold could fall a bit before resuming its rise up.

nikodemuskell

Simple FIB retracement. Given that the stock is in full breakout mode and Gene Munster came out with a $900+ price target, $500+ per share is less than 10% away. If it can hold $500 and markets continue melt-up, it could go higher ($700?). Do not short.

nikodemuskell

We are starting to see some signs of life and it seems that it does not want to go to the 6s and 5s, but it is too early to go long. There are a few short term (positive?) catalysts: - End of tax loss selling and portfolio repositioning (1Q) - Digital dividend (mid February) - Next earnings (mid March) If Bitcoin cooperates and it manages to get into the 9s...

nikodemuskell

Given S&P slow rise, suggest to be long and hedge position with puts to take advantage of trend. Gold is exhibiting resilience given the increased political risk, and is the real long term play.