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Nationwide's Jestice sees a real

Posted by mastermind on 8th of May 2024 at 08:34 pm

Nationwide's Jestice sees a real possibility that the Fed will in fact achieve a soft landing, even as the yield curve in U.S. Treasuries remains inverted.

"It's dangerous to say we're in a new paradigm in terms of the economy, but this time it really is different," he said.

OCGN moved up about 10%

Posted by mastermind on 6th of May 2024 at 03:53 pm

OCGN moved up about 10% since my mention early today. 

I'm not Ed, but I'm another swing trader. My style is to take some profits along the way, and set a bracket order on the rest. If there is a healthy pullback, I often add back the piece I sold previously. I don't short positions that I am long in, although I know that can work for some people. 

Speaking of MARA, nice to

Posted by mastermind on 6th of May 2024 at 12:05 pm

Speaking of MARA, nice to see it break through its 50 DMA. Also, AEYE, which I've mentioned a couple of times, continues its tear. This one also has strong fundamentals.

LOTS of earnings this week.

Posted by mastermind on 6th of May 2024 at 12:01 pm

LOTS of earnings this week. Some of interest tomorrow (for me, but possibly others) are BAND, CPNG, EGY, LYFT, OSCR, VECO, VERI. Wednesday brings ACMR, APP, CLSK, COIN & MARA. So that is a big day for crypto stocks. 

Been in GCT for a

GCT Updated View

Posted by mastermind on 6th of May 2024 at 10:04 am

Been in GCT for a while. I sold a piece on this morning's move, but still bullish on it. 

OCGN is a little biotech

Posted by mastermind on 6th of May 2024 at 10:00 am

OCGN is a little biotech that looks like it might be ready to take off again. In fact, if it were a BPT pick, you could say it just triggered. 

Maybe at some point you

KISS STS tables updated

Posted by mastermind on 6th of May 2024 at 09:40 am

Maybe at some point you need to take your loss. You probably missed your best opportunity on the 2nd entries of the pullback systems. 

FYI, follow-through day NOT confirmed

Posted by mastermind on 3rd of May 2024 at 06:56 pm

FYI, follow-through day NOT confirmed by IBD because volume actually decreased slightly from yesterday. Kind of surprising, but maybe it's a Friday effect. 

XHB and related stocks also faded quite a bit from their early jumps. 

REX in an extended bull

Posted by mastermind on 3rd of May 2024 at 01:44 pm

REX in an extended bull flag after its surge. In fact, I'm starting to get impatient with it, but hanging in there. 

Encouraging that the NAS and

Posted by mastermind on 3rd of May 2024 at 01:25 pm

Encouraging that the NAS and S&P have held or recovered near their highs, not encouraging that the IWM and XBI have faded and not rallied back yet. 

I do trade a lot

KISS systems heads up

Posted by mastermind on 3rd of May 2024 at 01:22 pm

I do trade a lot of IBD stocks and use the KISS tables to guide me when they are on there. I have gotten several onto the MISC list, but the IBD 50 changes every week, sometimes chasing performance, so you have to be selective. 

Or use IBD as the

KISS systems heads up

Posted by mastermind on 3rd of May 2024 at 12:30 pm

Or use IBD as the tie breaker. 

Looks like scary action to me. 

Very likely IBD follow-through day

Posted by mastermind on 3rd of May 2024 at 12:05 pm

Very likely IBD follow-through day today, confirming a rally.

My old company. That is,

STM

Posted by mastermind on 2nd of May 2024 at 04:49 pm

My old company. That is, they bought my old company and I stayed on for about a year after. 

Well, should've held through earnings

CVNA +34

Posted by mastermind on 1st of May 2024 at 05:05 pm

Well, should've held through earnings this time. 

Sold CVNA, not having a

Posted by mastermind on 1st of May 2024 at 03:40 pm

Sold CVNA, not having a lot of confidence in their earnings, which I think are after hours today. 

Honestly I think your problem is that you only look at the market from one perspective, and that is with a bearish bias. You need to be flexible to the market direction. I have the opposite problem in that I'm a much better bull than bear. So I try to be open to the bearish perspective of others and take advantage of the opportunities that are offered. 

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