3309 Drysdale Ct
Edwardsville, IL 62025
India covid stuff is likely just enough to get another
consolidation before an even stronger push higher imo...
URA, PSX/OIL, GLD
Hopefully we get a lil pull back tomorrow followed by continued
UP UP and away !!! Watching PSX and oil for queue for next
consolidation but think once again as long as everyone on TV
remains bearish all we can do is grind higher ! Till the FALL
when we FALL.
UP UP & Awaaaaay ! I don't think the bears will make a
killing till Q3 but who knows.
USDCAD has been tanking. I have a vested interest in this
trade since I need to turn about 75K US into CAD so I started
selling it short at $1.28 It's at $1.227 now and taking on
more water this evening . It's been on a steady decline
exceeding the USD overall decline. I think we're getting
close to a rubber band bounce like 1500 to 2500 basis points
(similar to VIX BB) and may be last chance to sell the USD for some
time when we get that bounce. Does anyone think the greenback
can go up in the face of rising commodity costs, rising oil,
inflation, etc - especially against the CAD ? I don't see
it.. I think we can get to $1.15 so if we get up to $1.25 again
take the trade and double down as and if it goes up !
Nope no split yet which means we should get a good opportunity
to buy back in. I had a sell order in pre market at 3603
including outside market hours and forgot about it ... DOH ! No big
deal i would have bailed at 3630 if I didn't. 3650 was a nice
sell on the community ! Based on how other techs have acted
and how stretched we are, I think a rebuy opportunity will most
certainly present itself before we go up up and away. ARKK
community sold off hard after hours...not yet reflected in
Holy Carap !
Hmmm... u don't say :) Still waiting for the split news
that will really launch it. Up up and away !
Count on the TV folks to give you the best contrarian calls!
Cramer was hesitant on AMZN today. Likely means new
PSX breaking out ?
Big full moon last night ... just in time for sell in May ???
Nahhhh. Like I said last night, the TV folks appear to
be getting more bearish which translates to BUY BUY BUY bullish !
Love the look of AMZN - potential split, Amazon day lining up
for June announcment, UPS hits it out of the park (see AMZN is
helping not hindering).
CNBC talking about 10-20 percent correction ... should be up up
and away in the short term !!!
...and another Friday rides into the sky ... Is that 3 or 4 now
And exceeded !
I like it ... we'll look for a reminder in May ! ;)
Always is... The only thing you'll get from CNBC is when they
ALL get bullish or ALL get bearish -> go the other way !
Given the technicals on the oil names PSX, XOM, CVX it looks
like they want to go a little lower before they explode up ... this
may co-incide with a continued push up in the FANGs early next week
before earnings. I've only managed to get 25% long in my 401
this week ... maybe we'll pull back some next week for more buying
opps. TSLA reports Monday - up $100 ?
But i thought the bear market wasn't supposed to start till next
year and the big fall wasn't supposed to happen until the fall
I think ARKK may be ready to role over again ..
Consensus ? Buy the Dip ? and hedge short term ?
Potential Inverse H&S forming on MARA and RIOT on the daily.
If accurate they should break UP by EOD tomorrow or Friday
morning - likely to coincide with a Bitcoin rally back up to broken
trend line. Let's see. I've been shuffling 4/30 calls
and 5/7 puts.
No follow through on PLL :(
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