You can find a compilation of all Alex and I’s webinars here.
There’s also an IU sale still going on for those interested in getting involved with the community, which you can find here.
Also if you haven’t seen yet – I’ve recently started an Audio-Blog series! Where I narrate all my favorite blog posts for you guys. You can find that here.
Alright guys. Lets start 2018 off right.
WATT: Insanity on Friday. I’m not surprised, it’s going exactly back where it belongs, I just can’t believe how fast it happened and how much it gave back already. Tomorrow will be an SSR day, so only way I get back involved ss is on some strength back towards 23-25 area. Any weak open I’ll avoid – you can probably look for a long trade off that even, we should see some sort of relief bounce before heading back lower.
KOSS: Low float madness there. Fridays move seemingly on nothing. An a/h dip from 3 to 2.20s back to 3, all seemingly on nothing. Kind of a joke to be honest. However, anything with a 1M float is not to be taken lightly, can turn on a dime, in either direction. I have no problem missing this one, if it opens weak and just fades into oblivion, well, good riddance, I’m not chasing it. But if it gets some life and heads back 3.50s area/previous highs, that’ll have my attention. Was a nice seller there on Friday – would watch for stuff somewhere around there & then join pops ss
NXTD: This was a great gift last week – but the volume is starting to die now, as expected, so its days are numbered re: a trade for me. Still interested ss on all dead cat bounces here, but will be much less aggressive than last week, as the liquidity likely starts to get sketchy now. But again remember how much vol there was on the run up, so I’m still not underestimating how much lower it can go. Won’t be the most exciting trade going forward, but there may still be some opportunity there.
XNET: Morgan Stanley passive stake a/h Friday – just another attempt in their bag of tricks to get the most out of this thing while it’s still got the spotlight, they’re trying to squeeze it again, that’s all that’s happening here. This company is a house of cards that ultimately gets blown over when the dust settles. Will be interested ss on any significant pops higher this week.
If you’re not an IU member and would like to become one, there’s still a sale going on here, along with the sale posted at the top. Also If you’d prefer a shorter time commitment to see if you like IU, you can go monthly as well here.Shoot me a PM anytime in chat (DGTrading101 is my IU handle) and I’m happy to discuss trade ideas with you.
See you out there!
– D
0 Comments