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.
One of those “waiting in the weeds” days for me today..nothing too notable happened, small day. And I’m fine with that – a nice change of pace from the madness last few weeks honestly. Nothing really got going to my liking today. So be it. Tomorrow is a new day.
TEUM: Nice eod fail. I was scalping this small but never sized in. The volume scared me early on, if that broke out to new highs that would have been 4 in a hurry. There will be plenty of time to catch this one when “they” are done with it and the vol starts to go away. That said, interested if it gaps up/open rips mid 3s again, I’ll be looking short, and if weak open I’ll probably avoid as SSR will only be .30c red away. Less if weak pre action. We’ll see what it looks like in the morning.
HMNY: Had a Maxim reit $25 target today, laughable, Maxim will likely be involved in the inevitable next offering HMNY does, just as they were involved with the last one. For now it’s hanging around though, thought it was going to die today and they recovered it to close nearly flat, so I’m not in a hurry to jump in short, but it’s got my attention, on back watch for any good extension up. I love to short this name, the only negative right now is the overall chart, it’s insanely beat down and then found a bid Dec 28th ish…that smells like tax loss selling and then someone taking advantage of tax loss selling and buying trash into the end of the year for the recovery. So will just monitor over next week or so..maybe get involved in a couple days if it keeps going. 10 is a nice spot.
INSY: Crazy pump, on short watch soon. I particularly like the volume speed up, tells me it’s getting close. Not trying to be part of the initial crowd, but will look to snag the low hanging fruit once it’s failed.
XNET: Same thoughts as yesterday and day before. Early week pump, and eventual unwind end of week/early next week. No rush to catch the top, will go after weakness here. First day it closes in lower 50% range, will have my attention the following day. I don’t like the recovery shit like it did today, not looking to fight with that crowd.
AMD/INTC: LOL. Is it news, is it not news, is it material, is it not material, is it a big deal, is not no big deal, is it rehash news, is it new news, is the world ending, how much wood could eric wood chuck if eric wood could chuck wood, Idk my bff Jill. RIP Cingular.
Goodnight.
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