3309 Drysdale Ct
Edwardsville, IL 62025
I concur that I would rather have signals for other indexes
rather than ES. I think ES/SPY just muddies the waters when they
are out of sync, because you would think that they should be
correlated. SPY vs QQQ are not always so well correlated, so it
might make more sense for them to be biased in opposite
I agree not to chase. Days like today, I usually find it best to
buy during the 3rd half hour of the day. There is usually a
pullback around then and you can see if the rally is going to
Bought DRIP as the explorers seem to be taking another leg
The worst of it is that even the best setups (at least my
favorites) are often failing quickly. Recent examples for me are
PLAB and SWIR.
Looking at the Youtube video, it DOES look like he's been
punched more than a few times.
No shares available to short.
I shorted NVAX again. How can a late to the game vaccine with
significant side effects have much upside?
Seems to me that the market is being held up by beaten down low
quality tech stocks. Many stocks with terrible fundamentals (CVNA
and several others) are up 5-10% today. Meanwhile the IBD 50, which
never seems to be able to get calibrated during bear phases, is
making new lows for the year, down almost 50% since November (not
as bad as ARKK, but still . . .)
I'll answer for Kobie since he's had to answer that a few times
already. It signifies news events and he can't remove it from his
$bpener at 4.76. If 100 is a sell signal, is 0 a buy signal?
So . . . lower food prices coming?
ZYXI is a stock that is acting well after a strong move
Except why is only up 8% while the VIX is up 10%? Doesn't sound
ultra to me.
BTW, after more drama than necessary I covered my NVAX short for
a modest gain. I may regret it, but BNTX is probably a safer short
until the FDA makes its final call.
So he's predicting an oil bust down to $20 but a SPX melt up to
$6k? I don't get it.
All of the other shipping stocks are weak too. Not sure if there
is any particular culprit.
NVAX - OK, no big deal that it causes heart problems in young
males. Approve it anyway. I will "take some heat", but I still
think it's a long term loser.
All of the small and mid cap indexes are also above the 50 DMA,
a positive for the market.
Well, that's me you are talking to, and I own it. But it's also
true that even in choppy markets there are opportunities. Coal
stocks are making a decisive move today after a period of
consolidation. I bought HCC and also a steel stock, TMST, that
broke out to a new high from a good looking pattern. Sure, these
could reverse, but I think the reward to risk is favorable.
NVAX halted for some reason. I don't see any news on it yet.
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!