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GGD.TO  gold_silver and copper BO from

Posted by ridgetopab on 1st of Feb 2021 at 10:58 am

GGD.TO  gold_silver and copper

BO from flag with nice moves off of basing pattern, also positive earnings

GGD.TO - Chart Link

GME another crazy day note on

Posted by ridgetopab on 1st of Feb 2021 at 10:15 am

GME another crazy day

note on LODE - not really even a silver play its more of an evolving real estate play obviously being pumped

LODE out, yeah Sold position this

Posted by ridgetopab on 1st of Feb 2021 at 09:59 am

LODE out, yeah

Sold position this am  Bought for fundamentals and nice base breakout 

Quant analysis has FV AT 1.30  Entered trade in Dec when I posted

SPY 2hr log view SPY -

Posted by ridgetopab on 29th of Jan 2021 at 02:47 pm

SPY 2hr log view

SPY - Chart Link

CMF still green so is this just a blip in the uptrend or the start of a grind down;  `start of the "bubble" pop?

Lots of potential support levels on the way down and this is just the 1year range.  Multi year monthly and weekly worth a review for context.

My bias right now is cash and inverse ETF but, ready for the opposite positions as well.

Trade your plan; if you are using the DVT as a guide you should have a plan for the trigger to sell and when to buy (reenter)

Daily or Weekly based on your trading plan and goal.  Don`t change your plan in the emotion churn of the moment.

I Like the quote `...you can survive frustration...` reference to getting ship sawed by your stops.

Wikipedia already includes GME in the short squeeze article under examples.

Article Link

BB smacked back down to earth

Negative CMF for a long time and limited short float so strange it was a target.

Nice chart - current low not confirmed until you get a higher low reversal, i.e. can still go lower in this move.

Wouldn't use for a trade trigger but, useful in the overall picture.

Probably be weeks of fakes messages circulating.  I'm waiting for the meme with Bernie trading GME.

Assuming some of the newbies have any equity they have likely just become long term investors in GME

I Imagine the same thing happened with Hertz (how soon we forget), drive the price up, buy high then hold on and hope.

Likely the original instigators make out like bandits  HRZ spike in Oct and Dec more pumping attempts fizzled?  (IDK) lower highs for the trend. 

My platform shows TTM eps $-10.66 ouch!

Short sellers provide liquidity and also protection for mine financing so a positive influence overall.

Lose the shorts and your market spreads and volatility could potentially increase.

AG and SLV apparently rotation

AG

Posted by ridgetopab on 28th of Jan 2021 at 12:37 pm

AG and SLV apparently rotation move on the WallStreetBets board.

assuming some have profits from the sqeeze plays to redeploy

much harder to influence trend in cap instruments I would think

GME  big shorts out so who is left holding the bag?

Amazing to watch from a safe distance.... TD Direct requiring 100% margin this am for GME, EXPR & AMC, little bit late on that restriction.

Shooting star ... bearish?  Nice opportunity for distribution of the 44% held long by hedge funds

CHWY ex CEO long at $8 and change since Aug 2020 so he did well if he can exit somehow

PTON comment correction No $40 gaps,

Posted by ridgetopab on 26th of Jan 2021 at 03:02 pm

PTON comment correction

No $40 gaps, less than 1/2 but, still pain full if on the wrong side of the trade

PTON - Chart Link

PTON gap zone Caution Not low

pton breaking down

Posted by ridgetopab on 26th of Jan 2021 at 02:51 pm

PTON gap zone Caution

Not low risk if it gaps through your stop, this puppy has made $40 moves in the recent past.

Didn't the Zoomers win today with their mantra "Markets only go up"?

Every pull back is a buy., the FED Put trade (i.e. the FED has your backso you don't need options to hedge)

FD.V Cdn version of DASH

Posted by ridgetopab on 25th of Jan 2021 at 04:06 pm

FD.V Cdn version of DASH more or less

FD.V:DASH relative;   aggressive trade - sell DASH buy FD.V Jan 15 (20/20 hindsight only)

DASH double top on 60min, large shooting star candle today.

Too much fraud and manipulation for the SEC to manage these days

Watch the Bloomberg interview with Jim Chanos (Kynikos Associates) Dec 3, hedges long positions with short book that currently has about 30% of the shorts based on potential fraud versus long term average that would be 10% of holdings in that category.

Add BlackBerry to the WTF list today.  IBM was one of the high conviction shorts Chanos mentions, appears to be playing out now.

TENB caution, holding the 9ema

Insider selling $50million TTM,   funds added to holdings over last quarter now >83% P/C 0.71

Support a long way down from current price  Can place a pretty tight stop, either way

GLD monitoring move down to

Posted by ridgetopab on 15th of Jan 2021 at 02:41 pm

GLD monitoring move down to support?

FWIW Hubert Senters (trader) says he sold his physical gold in a webinar 01_14

LODE grinding higher resistance 1.30 /1.45

Posted by ridgetopab on 15th of Jan 2021 at 02:21 pm

LODE grinding higher

resistance 1.30 /1.45  support 1.21

Peloton for $0.11 PMC.CA sorry not

Posted by ridgetopab on 15th of Jan 2021 at 02:12 pm

Peloton for $0.11

PMC.CA sorry not PTON

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