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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Going to go over a couple of swing trades I’m involved in or stalking and really like. Do your own DD, but think about adding these to longer term accounts. Haven’t day traded much lately as my time has been required elsewhere, so these have been my focus. Back at the desk soon though, ready to short some pigs and buy some squeezy trash again 🙂
DIDI: This is working well from idea a couple weeks ago if you were patient and took advantage of those 7s. Thoughts are exactly the same. Accumulate on dips. Chances they let this company burn are slim to none, I’m more confident than ever all those $5 puts were just a hedge, and it’s value isn’t even close to where it’s trading. Should be $15+ in due time, and thats very conservative in my opinion. Company is a headline risk (both ways), so just keep that in mind, make sure you’re OK with that, and manage risk accordingly .
LICY: Fairly recent IPO. The company recycles lithium ion batteries for EVs. EVs are the future, they are only going to gain more popularity in time, there’s only going to be more batteries out there, and more need for this service. Management is solid, and they’re one of the first I’ve come across that do this, and I think their early mover advantage will bode well for the company’s future, I like it a lot longterm.
MRVI: This one’s gone up a little too much too fast, so I’m glad it’s starting to pull back. Came on my radar in the high 40s low 50s unfortunately, and I couldn’t bring myself to pull the trigger just yet due to the swiftness of the run-up, but now we’re finally getting a nice correction move. These guys are heavily involved in (m)RNA tech, and I think they will continue to see waves of new buyers. It doubled in about a month, so very difficult to find a lot of new buyers up here (and rightfully so), so this pullback was necessary. Stay patient through this round of profit taking, but I expect this to stabilize soon and continue its ascent. Keep it on watch for a longterm winner.
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
thank you very much ! AND also particularly for your audio blog that has really helped me keeping myself real and sorted !!
Good morning and thank you on the perspective ( big picture of didi ) i have no position but was only seeing the fear and negative news being talked.
John M
Thanks for adding your observations – definitely helps put things in context. I upgraded my account this month specifically because of this kind of content.
Thanks Dante for your hardwork. also, what’s your thoughts on NGTF please, thanks