Over the weekend on Sunday video I had a bullet point:
“What style is working for swings? PBM SELX HOVR”
During the video I went over these set ups
The swing on NKGN was a lot like SGD idea and PIK idea for T+2 today. The STI idea today just over $1 the SELX long were the same as PBM set up and the rest I went over.
Exact same set up you were prepared for lead to a triple and many 50-100% moves. Take advantage of this market. And, if they’re not working – move on. Anytime I size up and things slow I go back to smaller.
It’s funny since I complained about the IRA on Thursday night scan the last two days have been nuts for it.
RIVN short given was the same trade as RIVN on Friday – same trade we went over on video that’s working well now short side.
The TCBP SGD RVSN trades today were just like the OCEA example given on video.
Repeat repeat repeat same stuff different names.
If these set ups do not make sense:
1. You’re not watching the video
2. You’re not paying attention
3. You’re not asking questions
Lots of great folks in the room – if you’re not getting it, that’s on you to ask. Plenty of great people in the lounge.
Not every market is this hot, it comes and goes but these are the markets where you can step it up a notch and really exponentially grow accounts. Like right now – is the time to focus on building smaller accounts like IRAs so you can put it to work and grow it. Sure, may same silly but for those of us not in PR it’s probably the closest you’re going to get to their tax rate 🙂 (This is not tax advice – I am not a CPA)
Main Watches:
CLRO reactive trade off open – likely crazy one.
COIN nice flush today — as I said will become a big focus with BTC – the puts moved real nice on that flush.
RIVN nice entry today. Goal is same tomorrow.
MARA nice shorts today on that and CLSK etc. – major unwind. CLEAR RELATIVE WEAKNESS VS BTC – that was OBVIOUS. You do not try to find a bottom when it’s relatively weak. Remember how they get impacted on the halving – Chris went over it for a few Sunday’s.
Failed Follow Through:
STI morning shove and unwind
PIK morning shove and unwind – nice short opp today.
OCEA nice one today – ideally same trade again tomorrow.
MEDS nice fade today but hard with any size. Ideally morning push vs $35 for $22-25
LEXX monitoring for crack day.
Continuation (You know what I own – but may sell anytime – assume I do – but you know what I take since I’ve been posting the swings daily with what I own – but remember any fast rip assume I am a seller. I am using the same strategy that I posted two scans in a row when I had re-allocated capital into Roth. I may continue to do it I may not but please don’t ask me what to do when a trade works or doesn’t work. If you take a trade remember, you need to to have an exit in mind first).
GMM starting to get accumulated
WAVD watching dips
PWM watching dips if accumulation sticks
NKGN nice sells today – replaced a few (smaller)
WORX watch dip accumulation
FNCH thin one but watch dips vs $3
CDT big picture idea
NBSE $1 still key
AISP liq trap potential
DHAI weak open and ramp is ideal – nice so far
Staying Familiar:
I recognize the amount of work you put into writing these up daily, much appreciated.