Scan for 09/25/20 From Nate

by | Sep 24, 2020

Crazy market continues.

Focus on where you have an edge.

Ya some will bank and some will crush their accounts — but if you focus what is going to pay you every day the noise won’t impact you.

Great read on market – unreal swing trades on the swing short ZM TWTR PENN DKNG etc.

NETE nice game plan pre market.

PECK was nothing short of amazing hope you all crushed it as well.

Covered some SQQQ AHs sub $27s sold 1/2 AAPL carrying some SQQQ ss and AMD AAPL long from the market call I made in the room.

Main Watches:

TWTR higher better $44 + and fade is ideal. Let’s see what the market has for us, thinking gap ramp and fade off I would love to see the gap fill there sub $42 but lets see what the market gives us first.

SQQQ held about 1/3 over short just in case I am wrong. Higher better but if we do gap down I’ll be looking to size up for the trade.

Failed Follow Through:

SUNW silly and stupid at the same time but goes to show you anything is possible. This is exactly why I said ignore for the new folks out there. You make one wrong move and you’re toast. You really need to know how to manage this stuff. Higher better and fade is goal.

PECK major idea today – higher better and looking for fade back red.

Continuation:

JE bought the flush at the close with 400 million shares + Friday + the weekend I think every long will be talking about how it’s going to $1 – now whether or not I agree who knows lets see how it opens but the point is when everyone is excited about it make sure you are selling too.

PPSI had a boat load last time this ran and never sold enough so re loaded today dips and nice move AHs – $2.50 is key. Heavy buyer into the close of session so there is a good chance we see some action early in my opinion.

KLDO watching dips for possible break out.

JKS can continue – putting it in this section b/c I feel like everyone was all bearish like they were on WKHS or ZM ahead – without waiting for the check marks to check off. Wait, patience. Longer it consolidates it can go higher $34-35 + or more. Just look at any other move this year.

Staying Familiar:

Price alerts on all – check them pre market see if there is an edge!

3 Comments

  1. Another great week. Thank you Nate and please pass the thank you to your IU team behind the scenes, including the IU community—no edge without all of you. Bravo!!

    Reply
  2. WONDERFUL! I like that “Focus on where you have an edge “

    Reply
  3. Thanks

    Reply

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