Yes and... https://finance.yahoo.com/news/oil-is-trading-below-90-per-barrel-in-the-futures-market-in-sri-lanka-buyers-are-paying-286-164645258.html

SCO- Do I dare...

Position size is EVERYTHING with the Systems.

I learned the hard way as well when I ran out of $$ to make the necessary subsequent entries. I couldn't turn the losing trade into a winner. I now keep enough liquidity to handle 3 entries on a minimum of 2 systems. I try to make that for 3 systems whenever possible (so 9 potential entries).

1st entry the ETF, 2nd the 2x ETF, 3rd the 3x ETF. I shy away from using options for the Spy System because the decay often killed the trade, even when it worked using ETFs.

Stick with it!

SATS- Setting up for C&H?

APD- Trying for that breakout again.

SPY - looking a little C&H here...

The inverse relationship makes sense fundamentally. Musk has said he wants to limit his work at TSLA to 1 day a week (in order to focus on SpaceX and other things). That doesn't sound like the commitment I want out of a CEO (of TSLA). 

CAR- Maybe flying cars ARE here...

APD- Trying to breakout 

Nice pops across the board. SATS popped $5

APD- Poking above a 9-month resistance line here. 

There really aren't many proxies to trade helium but Air Products seems to be working ok. As referenced previously, and on Odd Lots Podcast, helium shortage seems quite possible as it is generally a byproduct of nat gas production (mostly in Qatar). With production halted due to the war, we could see a shortage in the coming weeks. 

And no, i'm not concerned about the balloons...  helium essential running MRI machines, production of semis and fiber optics.

Odd Lots Interview: https://www.youtube.com/watch?v=bjc6MgUY0BE

SPY & QQQ powered up this AM, now taking a break for the next leg up?

SATS- Echostar chart looks great. 3-month consolidation curve reset the MACD nicely. They own about $11B in SpaceX (at pre-IPO valuation).

IRDM- Iridium chart looks a bit more aggressive, been in a strong uptrend for months. Also breaking out after that pullback to long term downtrend line.

Oil - I've also heard that the actual "oil shock" is still traveling across the ocean... yet to hit any shores because it takes that time for the Oil to be shipped and arrive places.

On the flip side, I'm trying hard not to short oil on the thought that Trump will say something that causes prices to finally crash back down. It's a coin flip, who knows...

APD- Helium - Agree that it will not become an issue for the semis... they have endless funds. But the supply disruption could push producers up. I like the look of APD here. MAs just below so there's an easy support levels with a stop just below.

Pretty good for a karaoke company!

To kingpin's note, ADBE at $155 would be an excellent buy area.

ADBE- I'm watching software too... but this chart does not inspire confidence. Big soft volume area just below the current levels. 

TLT- I'd keep a close eye on TLT. Looks like it has plenty of room to run.

SPY Systems - So it was the QE BTSlong Thurs PM (closed 1/2 this morning, 1 of 2 versions)and the RSI 40long F riday AM. Both have a version still open.

Please keep us posted on when both of these close out. Thanks Matt!