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Sears says it will "consider

Posted by RichieD on 10th of Jan 2018 at 09:22 am

Sears says it will "consider all options". Maybe the idea of a SearsCoin isn't too far off the mark:  

https://www.cnbc.com/2018/01/10/sears-lands-additional-financing-even-as-holiday-sales-disappoint.html 

Can SearsCoin or CryptoMacy's be far behind?     

LINU   Can someone explain

Posted by RichieD on 2nd of Jan 2018 at 03:36 pm

LINU   Can someone explain how a stock can move like LINU has: That being, a 100%+ spike intraday on huge volume at least three times since August, followed by an inevitable decline on almost no volume,...reversing nearly 100% of that gain each time?  Just curious how/why a stock would trade like this.  Was in it for the 2nd spike and got lucky and out with 100% gain, but am just intellectually curious about the trading pattern.  Is it manipulated in some way?  Understand huge spikes due to 20-30 times avg volume, but why does the stock give it all back on almost non-existent volume over the ensuing weeks?  

How best to take this

GNCA Updated View

Posted by RichieD on 27th of Dec 2017 at 04:18 pm

How best to take this trade..............  Would you wait for a break above today's high ($1.39) or buy now with a stop just below today's low $1.16, the 9 ema?  Or take a different approach altogether?

Any US counterparts?  Or, do these trade OTC under different symbol?

Any idea if  executives of these companies are cashing out after they pop? Today's latest, LTEA closed yesterday at $2.44 and shotup as high as $14.84 on "news" this morning. The news: they're "still going to make iced tea" but are "evaluating business opportunities in blockchain".   Insanity reigns supreme, but who's taking the bait? Talk about needing to be nimble! 

What are people thinking????  Or are they?  When the music stops, this will spell certain disaster for many.     

Never mind; looks like it

ALT Daily View

Posted by RichieD on 13th of Dec 2017 at 03:18 pm

Never mind; looks like it just broke the downtrend.

Same candle as 6 days

ALT Daily View

Posted by RichieD on 13th of Dec 2017 at 03:16 pm

Same candle as 6 days ago.  Is there a technical reason (divergence in the RSI 5?) to believe the action that follows won't be lower again?  I assume you are suggesting to watch for a break of the trend line?

Perhaps the roller coaster has gone over the top?   

$19,000-$18,000: less than an hour

$18,000-$17,000: less than an hour

$17,000-$16,851 a few minutes

$16,851--back to the thin air it was created out of:    ??????? 

Two comments:

The "Trade Ideas" section is still there.  You can find it under the "Newsletter" tab.  Also, if I'm not mistaken, as far as I can recall, trade ideas have not been part of the Weekend Newsletters (though sometimes Steve or Matt will post weekend ideas in the Trading Community).

Anyone positioning themselves or have

Posted by RichieD on 1st of Dec 2017 at 03:44 pm

Anyone positioning themselves or have an angle for a trade as we head into the weekend?

The link to GROW posted at 10:15am yesterday in the Trading Community still comes up with a 404 error message; others no longer do.  Will check the insert key when I'm in my office this morning.  Thanks, James.  

Finding the site filled with

Posted by RichieD on 27th of Nov 2017 at 12:38 pm

Finding the site filled with bugs today.  Clicked any number of links for a chart - receive error msg 404.  Also, can't insert a word when posting without writing over word that follows.

Appreciate the effort, Matt

New Website Video Walk Through

Posted by RichieD on 23rd of Nov 2017 at 12:50 pm

Always more to a website re-design than you anticipate upfront. 

Happy Thanksgiving to the entire BPT team, their family and friends...and to all the BPT subscribers who make up this diverse, knowledgeable and amazing trading community.

Great story, Matt

Bitcoin crazy story

Posted by RichieD on 19th of Nov 2017 at 07:54 am

Remind him of that old Swiss proverb: "Better to sell with regret than to keep with regret"   Cool

Why logical sell off?

GDX logical sell off after FOMC

Posted by RichieD on 1st of Nov 2017 at 03:49 pm

Assume GDX was moving up early today based upon 'expectations' of Fed statement.  Perhaps that's an incorrect assumption, but if no,t and hearing the Fed statement contained nothing unexpected, why was a reversal in GDX logical?  Is there a technical explanation?

Trying to learn.

HTGM

Posted by RichieD on 26th of Oct 2017 at 05:21 pm

Chart link Looks like a near identical set up to when it rocketed higher 4 days ago

Not a big mover, so would you...

LIT

Posted by RichieD on 25th of Oct 2017 at 06:40 am

buy here with a stop below the 13 EMA or wait for a clear breakout?

Nice selection of charts. Thanks for posting.

JP

Posted by RichieD on 21st of Oct 2017 at 01:52 pm

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