On Watch 3/08/19 from Dante

by | Mar 7, 2019

 

Check out my audio-blog series, where I narrate all my favorite blog posts for you guys. You can find that here. 

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BPTH: What can you even say at this point…under 30 it’s a short, if 30 holds tomorrow, watch out, expect everyone who got short this afternoon to have a bad time. I don’t really recommend going anywhere near this, but if you do, accept the risk, and I’d be long bias on dips over 30, or short bias on pops under there. But again, it’s the “shiny object” of the week now, so proceed with caution either way.

JMU I guess I was a day late and a few cents short on this idea, but someone clearly wants it sticking around. Don’t be surprised to see higher tomorrow, especially in the current market.

ANF: They got shorts today (I think) … this is not a great or growing company, so a ++ earnings report is interesting, I’m just not sure I buy it, and am expecting some fade into the weekend. Use 26.50 as a guide, a push into that and fail would be ideal for the short thesis tomorrow.

Shoot me a message anytime in chat (DGTrading101 is my IU handle) and I’m happy to discuss your trade ideas with you. If you’re not an IU member and would like to become one, you can join us here.

See you out there!

– D

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