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2021 Stock Market

Xring01

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I think this is great! I have been following along the best I can with the time I have. Ready that you had already made 76 trades by this time in the morning really answered a few questions for me, knowing that you are probably looking at 2-3 screens, making moves by the minute, much like a job and not a hobby.
Yes,
I have dual 37" Monitors, and a 15" Laptop below them....
I have work on one screen, and trading on the other screen.... (BTW already planning dual 47" Curved monitors, one stacked on top of the other).

Swing trades are not by the minute at all, but Day Trades... owe yeah.... some times with in seconds if things go wrong... that normally costs me $$$.

But I not talking about any of the day trades that I make prior to trading them. I am recapping what I did on them....

Swing trades and longer term trades, that we can all benefit on, is the primary goal of this thread.

Day Trades: You may watch a stock all freaking day, waiting for that one set up, (Bottom Bounce, VWAP ReClaim, double top then short it) to show up, confirm, get in/out.... You may watch it all day with alerts set, and never get the alert... So sharing those prior is not gonna be beneficial to you guys at all.
 

n2otoofast4u

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Yes,
I have dual 37" Monitors, and a 15" Laptop below low them....
I have work on one screen, and trading on the other screen....

Swing trades are not by the minute at all, but Day Trades... owe yeah.... some times with in seconds if things go wrong... that normally costs me $$$.

But I not talking about any of the day trades that I make prior to trading them. I am recapping what I did on them....

Swing trades and longer term trades, that we can all benefit on, is the primary goal of this thread.

Day Trades: You may watch a stock all freaking day, waiting for that one set up, (Bottom Bounce, VWAP ReClaim, double top then short it) to show up, confirm, get in/out.... You may watch it all day with alerts set, and never get the alert... So sharing those prior is not gonna be beneficial to you guys at all.
Makes sense. I appreciate you sir. I am making a few bucks, learning a lot, and having fun doing it!
 

OldSchoolBoats

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I have been in FLGT for awhile now and enjoying the ride, might cash out before Wednesday as I personally think that the democrats will win Senate and market will dump.

Took a little hit on TAL today but haven't reached my stop yet so holding out.

If Republicans can hold on to Senate, market will rally hard. Stocks like political gridlock.......I am spooked though and think that the run in crypto may be a price in of the democrats having full control. Probably going to move everything to cash tomorrow and wait, especially if we get a nice morning run up.

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DILLIGAF

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My traditional long term took a hit today but my trader account actually made some money....not much but better than losing on a day like today
 

bldrinker

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Here is where I am at. These are all long term, so I don’t really mess with them unless I hear really bad or really good news. This is my kids money.


884CE943-6850-4A73-8FB7-94C8335D61B4.jpeg








I have a 401k that I contribute 14% of my pay to. My employer matches the first 6% dollar for dollar and they also contribute 6% of my pay for profit sharing.
My wife has a 401k that she makes a small contribution too. They match 100% of the first 3%.
 

C08H18

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I am not going to post that.
I am sharing my swing trades, and long term hold trades...

More importantly, I am sharing the ideas, and why I think they may play out, and my trading plans.

Call me out all you want, but I am sharing 10x more info than anyone else.

How many of you have shared charts? Or why you think something is a good trade... ????, Shared your purchase price???
Hummm is easy to cast stones, but what have you shared?????
I made 4 trades in the last 90 days.

Bought: FDIS @ $71, PNQI @ $218, KWEB @ $72
Sold: IXN @ $275 ($250.50 basis)
 

hallett21

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Trying to decide if I want to load up more on GUSH....


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DILLIGAF

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Trying to decide if I want to load up more on GUSH....


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Did I read this right....GUSH used to be over $26K within the past 5 years?
 

Xring01

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DKNG
I am liking it more and more as a future Swing Trade.
Gold line is the 200MA, the Blue Line is the 50MA...
The purple line at the bottom of the chart is the RSI... Relative Strength indicator.

What do I see... I see a stock with a 52 week high of 62.50, currently trading at $45... Below the 50/200, but it did up swing a bit today and almost broke above the 200MA, the biggest thing that I like is the RSI... See how it dropped below 20 and popping back up today...

IMHO is this stock get above $46.25 area, and holds, then it has an easy 10% upside, maybe 15-20% upside.

I have day traded it today will success, but I am not holding it overnight, until it gets above that 200MA and proves to me the sell off is over.

This is how I analyze a swing trade. Set up the Trading plan. Which is finding where the strength is, finding weakness is, determining a good entry point, determining how much I am willing to risk, for that potential 10-20% Reward. I am not telling you what my risk tolerance is yet. Because thats personal decision for you to make if you chose to do it.

I am repeating, I am not in DKNG as a Swing Trade yet, because it hasnt met my criterial yet.... I do say yet. I still need to do more research, and it needs to show me more strength on the upside.

Now for my questions to you guys? Assuming it gets above $46.25 and holds...
Do you think its worth risk? Do you think online betting is a good sector to be in?
Or is there a better stock in this sector to by at this point in time?
Does the current economic outlook look positive enough for this stock to go up?
Are there any concerns that you guys have with DKNG.
Lets talk this thru, and see if is worth us risking our $$$ in.

1609861812940.png
 

hallett21

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Did I read this right....GUSH used to be over $26K within the past 5 years?
Yes. It’s done a bunch of reverse splits though.

I doubt it reaches its former glory. But oil seems to always rebound in one way or the other.


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DILLIGAF

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Yes. It’s done a bunch of reverse splits though.

I doubt it reaches its former glory. But oil seems to always rebound in one way or the other.


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Well.....depending on how the election ends up on the 20th is going to determine what happens with oil stocks. Looks like Biden is in at the moment and I believe that will drive oil higher.
 

hallett21

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DKNG
I am liking it more and more as a future Swing Trade.
Gold line is the 200MA, the Blue Line is the 50MA...
The purple line at the bottom of the chart is the RSI... Relative Strength indicator.

What do I see... I see a stock with a 52 week high of 62.50, currently trading at $45... Below the 50/200, but it did up swing a bit today and almost broke above the 200MA, the biggest thing that I like is the RSI... See how it dropped below 20 and popping back up today...

IMHO is this stock get above $46.25 area, and holds, then it has an easy 10% upside, maybe 15-20% upside.

I have day traded it today will success, but I am not holding it overnight, until it gets above that 200MA and proves to me the sell off is over.

This is how I analyze a swing trade. Set up the Trading plan. Which is finding where the strength is, finding weakness is, determining a good entry point, determining how much I am willing to risk, for that potential 10-20% Reward. I am not telling you what my risk tolerance is yet. Because thats personal decision for you to make if you chose to do it.

I am repeating, I am not in DKNG as a Swing Trade yet, because it hasnt met my criterial yet.... I do say yet. I still need to do more research, and it needs to show me more strength on the upside.

Now for my questions to you guys? Assuming it gets above $46.25 and holds...
Do you think its worth risk? Do you think online betting is a good sector to be in?
Or is there a better stock in this sector to by at this point in time?
Does the current economic outlook look positive enough for this stock to go up?
Are there any concerns that you guys have with DKNG.
Lets talk this thru, and see if is worth us risking our $$$ in.

View attachment 958411
People in general are degenerate gamblers lol

Does draft kings have a casino similar to Bovada?

The online casinos guarantee constant revenue.

If there is an economic pull back I can see investors fleeing from “gambling”


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LargeOrangeFont

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Did I read this right....GUSH used to be over $26K within the past 5 years?
Correct, that was before the reverse split in March, so the real dollar price was lower, but yes, huge upside potential.

I doubled down on it in November when it dropped below $20 and popped right back up to where it is now in the $35-$45 range.
 
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hallett21

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Well.....depending on how the election ends up on the 20th is going to determine what happens with oil stocks. Looks like Biden is in at the moment and I believe that will drive oil higher.
If you look at the option trading at $88 per share for June or next January they are very expensive.

Just my opinion but it looks like the market sees oil rising.


Edit: To break even on the above the stock would need to be at roughly $94 in either June or January

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LargeOrangeFont

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Yes. It’s done a bunch of reverse splits though.

I doubt it reaches its former glory. But oil seems to always rebound in one way or the other.


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Agreed. It will spike quick upon Biden getting us into some oil fueled conflict during his term.
 

Xring01

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PRTS
Another potential Swing trade... I have been in/out of this one several times over the last few months... Its trades super slow, then super fast... strange one. But there is $$$ to be made..

How am I interpretting this chart..

See how its a slightly broached above the 200 MA gold line this AM....
Does it pop up and hold, or does it get rejected, and fall back to #12.50 area...

That iis the question... answer to that determines whether I am willing to risk $$$ on it.

As you can see, it has hit that 200MVA 5 times in the last 3 weeks, and it rejected it and fell back down....

So I sold what I had in my day trade account, assuming it may fall back down... But it if gets above 200ma and holds, then its a potential swing trade.

Do you guys see any issues with it?
Are there any red flags that would prevent you from owning this stock?

Your thoughts?
1609863169911.png
 

Xring01

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Agreed. It will spike quick upon Biden getting us into some oil fueled conflict.
Iran messing with Korean Oil Tankers again.... That can spike oil prices in a hurry when they mess around in the straight of Hormuz (spelling)....
 

LargeOrangeFont

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Iran messing with Korean Oil Tankers again.... That can spike oil prices in a hurry when they mess around in the straight of Hormuz (spelling)....
Yes, we have chatted about this stock before. I think it will be a speculative bubble when it does run up... but something will run it back up in the next handful of years.

My current overall position on GUSH is up 140%. I bought one lot at $38 and that is holding my overall gains back a bit. I'm not worried about loosing that initial investment at all at this point though.
 

Looking Glass

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Listening to Fox Business while gettting going this A.M. a panel was discussing Oil. The one fact all agreed with on the "Hay Days" of Oil are long gone and Never ever returning and although many reasons the One Unexpected Nail in the Coffin is people working from home and many will continue. Theu felt this rally now would taper off and Oil will always be a Factor, but Not an attention Getter any longer.
 

Xring01

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Listening to Fox Business while gettting going this A.M. a panel was discussing Oil. The one fact all agreed with on the "Hay Days" of Oil are long gone and Never ever returning and although many reasons the One Unexpected Nail in the Coffin is people working from home and many will continue. Theu felt this rally now would taper off and Oil will always be a Factor, but Not an attention Getter any longer.
I see arguments/debates on both side of the equation...

If Biden slows down America's Oil Production, then the supply/demand equation gets messed with, and the price should go up, because there is less global supply, clouding the demand aspect. So, Short Term Outlook, Oil can spike.... Short term 3-12 Months.

However, with China, Europe, Australia, & the US all moving towards Electric Vehicles, then I believe there will be alot lets investment in creating new oil wells, because the long term ROI on that investment is in jeopardy. Therefore the long term outlook for Oil is bleak... I mean 4-5 years down the road.

So the question becomes, which story line do you believe has more merit, and how will globe react to all of this... Again, my crystal ball is broken.

So when it comes to Oil... I will be sitting on the sidelines for the most part. I may short term trade it, but not long term.

But thats my opinion. I may be right, and I may be wrong...

I see the EV Market reducing the demand for Oil alot faster than most can imagine, combine that with a new CV19 world of people working from home, all means alot less demand... If demand drops, then prices drop... As an investor, I am not willing to risk my $$$ on the long term, when I have no clue how this will play out. Tech Sector is alot safer than the Oil Sector, The health care sector is safer, I can name many other sectors...

But thats how I look at it.
 

hallett21

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Listening to Fox Business while gettting going this A.M. a panel was discussing Oil. The one fact all agreed with on the "Hay Days" of Oil are long gone and Never ever returning and although many reasons the One Unexpected Nail in the Coffin is people working from home and many will continue. Theu felt this rally now would taper off and Oil will always be a Factor, but Not an attention Getter any longer.
Georgia goes blue.

EV bubble pops.

Everyone runs to oil due to comfort.

EV sector needs a bailout.

Biden bails them out and taxes the fuck out of oil as an incentive to buy EV.

Oil sky rockets between EV pop and oil tax.

One can dream right lol.


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LargeOrangeFont

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Listening to Fox Business while gettting going this A.M. a panel was discussing Oil. The one fact all agreed with on the "Hay Days" of Oil are long gone and Never ever returning and although many reasons the One Unexpected Nail in the Coffin is people working from home and many will continue. Theu felt this rally now would taper off and Oil will always be a Factor, but Not an attention Getter any longer.
That is probably largely true, but the supply of oil abroad is largely controlled by a cartel. Look around you.. every piece of plastic takes oil to make. In the next 5 years less than 20% of cars sold across the globe will be electric. the thirst for oil is not going away, but inflation and conflict will drive the price up, even if temporarily.

The stock in question was up to $1600 less than a year ago, and it $44 today. I'm happy with my returns as it stands today.
 

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I see arguments/debates on both side of the equation...

If Biden slows down America's Oil Production, then the supply/demand equation gets messed with, and the price should go up, because there is less global supply, clouding the demand aspect. So, Short Term Outlook, Oil can spike.... Short term 3-12 Months.

However, with China, Europe, Australia, & the US all moving towards Electric Vehicles, then I believe there will be alot lets investment in creating new oil wells, because the long term ROI on that investment is in jeopardy. Therefore the long term outlook for Oil is bleak... I mean 4-5 years down the road.

So the question no becomes, which story line do you believe has more merit, and how will globe react to all of this... Again, my crystal ball is broken.

So when it comes to Oil... I will be sitting on the sidelines for the most part. I may short term trade it, but not long term.

But thats my opinion. I may be right, and I may be wrong...

I see the EV Market reducing the demand for Oil alot faster than most can imagine, combine that with a new CV19 world of people working from home, all means alot less demand... If demand drops, then prices drop... As an investor, I am not willing to risk my $$$ on the long term, when I have no clue how this will play out. Tech Sector is alot safer than the Oil Sector, The health care sector is safer, I can name many other sectors...

But thats how I look at it.
Are you into any lithium stocks for the medium to long term?
 

Xring01

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Are you into any lithium stocks for the medium to long term?
I traded LAC a whole lot awhile back....
But all of the Lithium stocks got so overvalued I quit paying attention to them... they just got stupid over priced.
Do you see any worth looking into today...
 

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I traded LAC a whole lot awhile back....
But all of the Lithium stocks got so overvalued I quit paying attention to them... they just got stupid over priced.
Do you see any worth looking into today...
I do not see any either.

But in a couple years I will probably think I missed the boat today LOL.
 

Xring01

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That is probably largely true, but the supply of oil abroad is largely controlled by a cartel. Look around you.. every piece of plastic takes oil to make. In the next 5 years less than 20% of cars sold across the globe will be electric. the thirst for oil is not going away, but inflation and conflict will drive the price up, even if temporarily.

The stock in question was up to $1600 less than a year ago, and it $44 today. I'm happy with my returns as it stands today.
LOF,
Honest Question hear... educate me..
In my opinion, the vast majority of the consumption of oil, is for gasoline. Yes, I understand its used for many other products.
Do you happen to know the ratios of total oil production thats used for gas????
If not, no big deal...

But until I took the time to do that research... It will be difficult for me to invest in oil, based on the future EV Sector, impacting the demand.
 

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LOF,
Honest Question hear... educate me..
In my opinion, the vast majority of the consumption of oil, is for gasoline. Yes, I understand its used for many other products.
Do you happen to know the ratios of total oil production thats used for gas????
If not, no big deal...

But until I took the time to do that research... It will be difficult for me to invest in oil, based on the future EV Sector, impacting the demand.
You are correct, about 45% of oil is used for gas from what I have seen.

However EVs are about 8% of vehicles sold today, and projected to be only 10% of all vehicles sold by 2025, and then 28% by 2030. We have 5 years at least of relatively little change in demand for EVs... and by consequence oil. Coming out of Covid in another year or 2 I see a large economic boom, fueled by people wanting to get out and travel, live life again, etc. That means they will need fuel, they will be buying new cars, trucks, etc. Under a Biden or Harris administration, fuel won't be cheap.
 

Xring01

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You are correct, about 45% of oil is used for gas from what I have seen.

However EVs are about 8% of vehicles sold today, and projected to be only 10% of all vehicles sold by 2025, and then 28% by 2030. We have 5 years at least of relatively little change in demand for EVs... and by consequence oil. Coming out of Covid in another year or 2 I see a large economic boom, fueled by people wanting to get out and travel, live life again, etc. That means they will need fuel, they will be buying new cars, trucks, etc. Under a Biden or Harris administration, fuel won't be cheap.
I would double check your numbers on EV Projected Sales. There is a key reason why NIO, XPEV, LI and many other company's have sky rocketed over the last 6-7 months. That reason is the Chinese Transportation Ministers requirements for EV's thru 2025- 2030. Literally want 30% by 2025...Will not allow combustions engines to be sold after 2030. Thats a boat load of Chinese people that will all be driving EVs... Take a look at EV Sales in Europe... Tesla is selling over 50% of all cars in some European countrys... I am not joking.

A key reason why VW, went to EV, was they where getting there ass handed to them, sales in Europe where dropping huge. So they had no choice but to embrace EV or die...

I am not saying the EVs are the answer to the worlds problems.

What I am saying is the volume of EVs will out pace, combustion engines within a few years. They will steadily increase over the years, reducing the demand for oil/ gasoline.

I understand the poor countrys will not be able to afford EV's for awhile...

But look at what LI auto is planning to produce... Low Cost EVs...

These are all the reasons why I am sitting on the sidelines for oil as a long term investment... Short Term, Yep... I will make money any where I can, but long term... I just cant see it, unless a major war breaks out.
 

Xring01

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DKNG,
Wow, its doing alot better than I expected today...

If you choose to jump in, You can start staging you way in ........ at this level...
Maybe 20-25% purchase at his level... Because it could pull back into the $45 tomorrow, or jump into the $47 before the end of the day...

Once it gets above that blue line, the 50MA, and holds, then I will have alot more confidence in it...

Again, its treated me right as a day trade, that could be turning into a swing trade any moment now....

BTW, alot of times, when a stock breaks resistance (50MA Line), they can pop a few more %'s points pretty quickly..., If it hits that line and pulls back, then sell imediatly, because it may drop alot further.... this is a key phycological level for investors. These key areas, where they jump in/out of most of there trades....

1609871655361.png



What do I mean staging in..
Lets say your full position size for any one stock is $4000...
Then buy 25% at this level. ($1000).. and watch it and see how it reacts to 50MA, if it starts popping up, then go all in, or if it starts pulling back maybe by another 25%...

Manage your position size, manage your stops, ....

Do Not Blindly Follow Me or anyone else... make up your own mind is something is worth risking your $$$ on.
 
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Xring01

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DKNG---
Wow.... moving alot faster, than I thought it would... I expected a little pop when it broached the MA line... but not 5%...
Patting myself on the back.... I got in yesterday as day trade and the low of the day was $44... today we are already pushing $50....
Edited,,, a few minutes later... up 7.5% pre market.... NICE.....
Edited again.... a few minutes later... over 8%, just broke above the 200MA,,, which is very good news... it can pop another couple of % no problem.... Now this is a swing trade....


1609940563685.png


I am concerned about the market this am. Projects of Dem Senate control, has spooked the DOW Futures, market is selling off at the moment. If the market decides to melt down, I will not ride it down. I will sit on the side lines, and try to get back in lower...... this is high risk... most of the times, its better to ride it thru. But I am trying to do better than the market, so I take a bit more risks. BUT THATS ME...



PRTS is also above both the 50/200MAs now, it has very good potential upside....
1609940503518.png

Good luck...
 
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Xring01

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Still in DKNG...

Really starting to look at PTON, as the next swing trade...
Selling off quite nicely, below 200/50MAs.... I think it has support at $140 area, but could drop lower....
I am not in it yet.... Rejection, Consolidation, Recover... Its still being rejected in my opinion... Maybe consolidating today...

Let me know if you guys like PTON as a future swing trade?

BTW... I am all of of PRTS... it his 85RSI, couldnt hold $14.00, and I was completely out at $13.95...
Hoping it pulls back to $13. even... and I will most likely get back in.

Have you guys bought anything lately?
 

hallett21

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Looking at getting back into HYLN

I’ve been buying JDST in the 9-10 range and selling at 11-12.

Just bought 100 shares. Might unload them at 9-9.5.

I might be the only guy betting against gold mining lol


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Xring01

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Looking at getting back into HYLN

I’ve been buying JDST in the 9-10 range and selling at 11-12.

Just bought 100 shares. Might unload them at 9-9.5.

I might be the only guy betting against gold mining lol


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Gold, Like Oil, is a difficult one for me to invest in... Trade... sure... that I can do. I have have played JNUG and JDST several times over the last few months. But that was mostly at key levels, of support/resistance/ MA lines.

HYLN..
First glance at the chart... I dont like it at all, its been selling off for 3-4 months from $55-$15... Thats scares me.
Its not making $$$..
Analysts dont like it...
Appears to be overpriced at these levels.

Why do you see value in it... Whats the catalyst/news, that makes you believe it has upside potential?
 

Xring01

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I dont like that sell off of DKNG... I honored my stops and Out DKNG until I get this sorted out... it was nice run.. but could have been alot better...

Day Trades today.
NIO - kicked my ass. Lost $220
SBE and CGC made up for the ass whooping from NIO... Made $85 and $161...

High risk swing trade I have SNDL - is red on the day, but I am not selling it, and have high hopes for it.
Low Risk/Low Reward Swing I have is SUPN... its green today...
PRTS - I started getting out when it peaked today... and stopped out completely when it broke $14... and sold off... Just to turn around, and go back up, while I was sitting on the sidelines. Obviously, my timing was not good... But the RSI of PRTS was scaring me. I hope it pulls back to below $13.50, and re enter it.
COST- Is red for me today. hummmm its pissing me off... fastest way to see COST go up, is for me to sell it, then it normally goes up quick... but I am holding for now.

PTON is on my radar and doing homework for many orthers...

NQ appears to be selling off, and I think those proceeds are going into NYSE type of investments. Thats the only thing that makes since, but I have spent much time thinking about it.... But I would guess that people are moving money from higher risk to safer bets, based on Biden and Democrat ran Senate... Again, thats just my guess at the moment.

Edited, Overall I did well today, could have done alot better, but unless SNDL turned around is no longer red, and its getting green and greener... nice.

COST is still red... Buts a green day for me today.
 
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hallett21

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Gold, Like Oil, is a difficult one for me to invest in... Trade... sure... that I can do. I have have played JNUG and JDST several times over the last few months. But that was mostly at key levels, of support/resistance/ MA lines.

HYLN..
First glance at the chart... I dont like it at all, its been selling off for 3-4 months from $55-$15... Thats scares me.
Its not making $$$..
Analysts dont like it...
Appears to be overpriced at these levels.

Why do you see value in it... Whats the catalyst/news, that makes you believe it has upside potential?
They were part of a SPAC. Used to be the ticker SHLL. That initial run up imo was way over valued.

They are an American company who outfits semi trucks with either a NG or Diesel generator that turns electric motors at the wheels.

I like them as a company because they can install a system and have you drive coast to coast tomorrow.

Analyst are saying in 2 years they will 2-3x their business.

The public likes Tesla and Nikola but there will need to be huge infrastructure to make those work cross country.

Hyln in theory would let you keep your current fleet of trucks.


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Xring01

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OHHHHH FUUCKKK..
This is gonna hurt....

OUCH...
Market Sold OFF, wow... I couldnt sell shit fast enough..
Stops didnt work... shit.
 

DILLIGAF

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I am up pretty big today in my long term portfolio

My PRTS sold at my 10% gain and my CVX is close to it as well in my trade account.
 

Xring01

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I am up pretty big today in my long term portfolio

My PRTS sold at my 10% gain and my CVX is close to it as well in my trade account.
My long term account... I am fine, not selling anything...
Cash Account... I am red on the day now... It could have been alot worse, which is why I feel alot of people will he hurting...

I am now trying to find the stuff that is going to be oversold, we I can buy that stuff up off the bottom...
 

boatnam2

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Been stuck with oil for awhile, may work out! I think with many refineries shutting down and not to restart, when driving picks back up post covid you will see a supply issue and hopefully some profits for the big boys. Saudi is cutting throughput so that may help some.
 

bldrinker

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I sold everything and it was hard to get it to sell fast enough.

Would rather lock in my large gains than risk loosing them.
 

hallett21

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Hey how did we not think about smith and Wesson today


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n2otoofast4u

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I was selling as the shit hit the fan. Made some $ on QS. I'd like to see it drop back into the $50s again, Id buy right back in. GUSH delivered the last couple days. I panic sold on the drop thinking it was gonna fall back into the low 40s or high 30s. It leveled and I bought right back in 2 hours later for about $2 bucks a share less than I sold at.
 
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