UWMC deep dive

warrants expire in Jan 21, 2026 ,  (terms 1 wt + 11.50 = 1common sh) so really an out of the money Leep option today

current warrant value implies stock price of 13.04 +/- for BE (i.e. current intrinsic value is 0 until stock price exceeds $11.50)

UWMC implied p/e is higher than peers PFSI _ COOP _ RKT

UWMC

looks like a nice play as long as the Feds keep the QE train running

eventually setting up for 2008 MBS Crash the sequel?

Link to MF analysis

OUT short

bear wedge break down

Institutions hold 99.8% so playing chicken with who sells first?

UWMC price decline IDK but,

looks like the institutional positions cut by over 50% in last period

SPAC IPO  buyers did not get the expected bounce so selling?

Lack of history making other bets in this industry look better?

May be a good buy when it finds a bottom.

RMAX  uptrend

nice move after BO from  sideways wide range channel _ resistance above2019 high42+/-  ( 2017 high 63 )

uptrend still in place but, losing steam divergent RSI and MACD  good R/R for potential short trade

PTON short trade , that was quick

last trade target hit with Fib trigger, money flow was a tell

trend line support consolidate and form a RS now?  looks like potential to test the 50% fib or lower

XBI monthly,  recent bearish candles resolved to upside, will Feb do the same?

Extreme moves above the MA(50) eventually result in corrections back to it, or at least the MA(20).

Runs last 18 - 24 months, corrections  3-6 months.  Strong support a long way down from the current peak

daily test and fail at the channel today

XBI monthly - Chart Link

UWMC

Needs to find a bottom, "smart money" selling -54% period to period and no insiders buying 

Increasing mortgage risk a possible concern.  One for the watch list.

GDX and GLD testing support

Stretched but, continue to break down.

On break of 33 ,  GDX next support 30-31 / 28  & 26

matt;  Great example to post on the trading room wall

Thanks for the details, excellent methodology for trading this gap and go market

XBI  correction continues

blow off top?  into 5th day of decline and holding 30MA for now

possibly the industry sector with least number of profitable companies ( <5% +/-)

fund ownership very high in many names in XBI so exit will be crowed trade and some funds appear to only hold biotech, guess they missed the classes on portfolio management

PTON short

ST Target Fibs and  LT previous lows

Thesis:  AAPL and FB providing similar services, coupled with eventual demand erosion with return to normal life 

Funds late to the game will need to bail on losing positions

ARTL 

BO move from base provided several entries... will it hold the move or fade?

early stage micro cap cannabinoid therapeutics  (cannabis + bio tech company)

TBT short term instrument, not designed to be a buy and hold (like most inverse ETF/ETN)

It will erode value over time even if you are right on yield direction

Compare YTD return (or any longer period) versus bond yield change

WNW nice % gainer today out of pattern

gap up on huge volume 

had a crazy move on its IPO

Know when to WLKaway

Know when to RUN

both either on nice leg up moves, with watch for lower highs on the next pull back

FOLD gap down on bad news

news is the big bio tech risk factor .. gap past stops if you are long

nice trend reversal off a double top to lower highs and lower lows before the gap.

exec insiders selling before this plunge but, directors buying so mixed message before the news

VM.V / VYYRF

Voyageur Pharmaceuticals Ltd.

early stage, big bounce on news today

ECPG  flag after  recent moves up

earnings Feb 24

AZURF exploration uranium & lithium  penny

https://azincourtenergy.com/

Uranium spot price chart link  price at support $29 area on break next support 26 then 24

extreme spec but, might be interesting to watch  300millin share +/- fully diluted, vol and price up since Dec 2020