ha..its been a tough market the past few weeks..TWST has been a ride I bought in the 60's sold half in the 140's watched it pop up to 200..Thought about selling the second half then had a dream of 300 dollars..It's those dreams that smack me in the face in the end.
Right now I'm sitting on some cash..This AM I fired up Schwab twice had orders ready to execute and couldn't pull the trigger.
Sold CTXR and wanted to buy more CVM...
As much as selling is a question, holding is too...
In my case it's the disastrous LLNW call yesterday. Sometimes your force into holding as long as you're not cash short.
With LLNW I'm going to hold for a few quarters and see what happens. I've always gone with the old You don't Make or lose till you sell..Keeps my head together during the bad days.
I've held through some dips that with time have turned positive... Not fun, but Just sayin.
I'm in the stubborn as fuck category.
I held Ford for over 10 years, adding shares on big dips all the way down to the $4 range. I got out + a few hundred dollars last year (plus a lot of dividends along the way)....and it kept going up. I was just happy to get out green/positive when I was down HUGE! After they didn't take the bailout money in 2009 I figured they were a safe bet....all through the 2010's they were a dud. Ford is probably my longest hold ever (except for mutual funds).
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| Global Market Comments February 12, 2021 Fiat Lux Featured Trade: (TEN STOCKS TO BUY BEFORE YOU DIE) (MSFT), (AAPL), (GOOGL), (QCOM), (AMZN), (V), (AXP), (NVDA), (DIS), (TGT) 
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Ten Stocks to Buy Before You DieA better headline for this piece might have been “Ten stocks to Buy at the Bottom”, except that you have to redefine the word “bottom.” The rules of the greatest liquidity-driven market of all time demand a different explanation of The NEW bottom, and that is something that hasn’t gone up lately. And that would be big tech, which appears ready to blast out to the upside from a six-month long sideways “time” correction. It would be a perfectly rational thing to see in these highly irrational markets. After all, these names just announced blockbuster earnings presaging greater things to come. And these companies actually HAVEearnings, compared to recent market frontrunners, which have none at all. Coming in here and betting the ranch is now a no-lose trade. If I’m right, the pandemic ends in three months, stocks will soar. If I’m wrong and the global epidemic explodes from here, you’ll be dead anyway and won’t care that the stock market crashed further. Needless to say, I have a heavy tech orientation with this list, far and away the source of the bulk of earnings growth for the US economy for the foreseeable future. If anything, the coronavirus will accelerate the move away from shopping malls and towards online commerce as consumers seek to shy away from direct contact with the virus. What would I be avoiding here? Directly corona-related stocks like those in airlines, hotels, casinos, and cruise lines. Avoid human contact at all cost! There is no way of knowing when or where these stocks will bottom. Only the virus knows for sure. Microsoft (MSFT) – still has a near-monopoly on operating systems for personal computers and a huge cash balance. Their inroads with the Azure cloud services have been impressive. Apple (AAPL) – Even with the Coronavirus, Apple still has a cash balance of $225 billion. Its 5G iPhone launches in the fall, unleashing enormous pent-up demand. Apple’s rapid move away from a dependence on hardware to services continues. Alphabet (GOOGL) – Has a massive 92% market share in search and remains the dominant advertising company on the planet. QUALCOMM (QCOM) – Has a near-monopoly in chips needed for 5G phones. It also won a lawsuit against Apple over proprietary chip design. In the very near future, you won’t be able to do ANYTHING without 5G. It’s also not a bad idea to own a chip stock during the worst global chip shortage in history. Amazon (AMZN) – The world’s preeminent retailer is growing by leaps and bounds. Dragged down by its association with the world’s worst industry, (AMZN) is a bargain relative to other FANGs. Visa (V) – The world’s largest credit company is a call on the growth of the internet. We still need credit cards to buy things. And guess what? Coronavirus will accelerate the move of commerce out of malls where you can get sick to online where you can’t. American Express (AXP) – Ditto above, except it charges higher fees and has snob appeal (read higher margins). Its stock has lagged Visa and MasterCard in recent years. NVIDIA (NVDA) – The leading graphics card maker that is essential for artificial intelligence, gaming, and bitcoin mining. Another great chip play that has flatlined for half a year. Advanced Micro Devices (AMD) – Stands to benefit enormously from the chip shortage created by the coming 5G and the explosion of the cloud. Target (TGT) – The one retailer that has figured it out, both in their stores and online. It can’t be ALL tech. Good Luck and Good Trading John Thomas CEO & Publisher The Diary of a Mad Hedge Fund Trader 
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Quote of the Day“Life can be understood backwards, but it must be lived forwards,” said Oracle of Omaha Warren Buffet. 
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I've had WMT for quite a while and it hasn't moved much. I sold off some of it today (I need more cash in my account). It's interesting he says Target is more with it than Walmart.
I own APPL & a very little bit of AMZN (on that list). I may add more AMZN after I make a few sales in the next few weeks. I added 10 shares of APPL this week.
I own APPL & a very little bit of AMZN (on that list). I may add more AMZN after I make a few sales in the next few weeks. I added 10 shares of APPL this week.
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I have 15 shares of CVS I'll probably dump this week after earnings come out - it's up in the pre-market right now. I was holding, hoping it would hit $80, but doesn't look like it will happen - shares are up about 9%, but I've been holding them for over a year.
Also looking to dump LOW - I'm up ~18%, but was holding out for $180/share (they've been bouncing around between $168-$178 for the last several weeks. I have a sell order in, hoping it hits this week (I want the cash back in my account).
I'm torn on getting back into Ford. I posted earlier that I held F for more than 10 years and got out last year after it finally got back to even. Now I fear I missed the run up. I still don't understand why Tesla is where it is compared to Ford.
Also looking to dump LOW - I'm up ~18%, but was holding out for $180/share (they've been bouncing around between $168-$178 for the last several weeks. I have a sell order in, hoping it hits this week (I want the cash back in my account).
I'm torn on getting back into Ford. I posted earlier that I held F for more than 10 years and got out last year after it finally got back to even. Now I fear I missed the run up. I still don't understand why Tesla is where it is compared to Ford.
I'm woke up in the middle of the night and had a moment about how much Bio I have. TWST.AVDL,EDT,CVM... too much risk.
I'm bailing on CVM, it's got the highest risk IMO and selling another half of Twist early this week and buying something boring after the funds settle ... MH got me thinking about QCOM and I've been doing a bit of a dive, it looks like a decent safe hold for a year or two.
Mad Hedge
"QUALCOMM (QCOM) – Has a near-monopoly in chips needed for 5G phones. It also won a lawsuit against Apple over proprietary chip design. In the very near future, you won’t be able to do ANYTHING without 5G. It’s also not a bad idea to own a chip stock during the worst global chip shortage in history."
I'm bailing on CVM, it's got the highest risk IMO and selling another half of Twist early this week and buying something boring after the funds settle ... MH got me thinking about QCOM and I've been doing a bit of a dive, it looks like a decent safe hold for a year or two.
Mad Hedge
"QUALCOMM (QCOM) – Has a near-monopoly in chips needed for 5G phones. It also won a lawsuit against Apple over proprietary chip design. In the very near future, you won’t be able to do ANYTHING without 5G. It’s also not a bad idea to own a chip stock during the worst global chip shortage in history."
QCOM
6 mth daily
50 sma
why did it gap down first week of Feb? earnings? bearish engulfing pattern the day before , lol.
entry here is not bad, Boz. look how many times it has tested since just after the election? powerful zone, strong horizontal support AND a fibo level, .50 , bigtime confluence here . from the highs its 14% discounted . To add it's severely oversold (stoi) + RSI hasnt been this low since Sept. Negative divergnces r showing , more good. The 50 SMA may be a battle to take out, algos /traders will be lookin' there . Overall market is toppy for sure. One can take a 50-70% position here and sell the $130-$133 put , id extend that at least 3mths (havent looked at the options chain not sure what itll pay). It if was to lose $145, id expect the gap below to be filled- that's another 10% downside. So if it does lose this crtical support , well you keep the premium and may get be assigned at $130, no biggie as yuo said u want to hold it for a yr or two. If it doesnt, you keep the premium. Just talkign out load..
great chart , my 2-cents
6 mth daily
50 sma
why did it gap down first week of Feb? earnings? bearish engulfing pattern the day before , lol.
entry here is not bad, Boz. look how many times it has tested since just after the election? powerful zone, strong horizontal support AND a fibo level, .50 , bigtime confluence here . from the highs its 14% discounted . To add it's severely oversold (stoi) + RSI hasnt been this low since Sept. Negative divergnces r showing , more good. The 50 SMA may be a battle to take out, algos /traders will be lookin' there . Overall market is toppy for sure. One can take a 50-70% position here and sell the $130-$133 put , id extend that at least 3mths (havent looked at the options chain not sure what itll pay). It if was to lose $145, id expect the gap below to be filled- that's another 10% downside. So if it does lose this crtical support , well you keep the premium and may get be assigned at $130, no biggie as yuo said u want to hold it for a yr or two. If it doesnt, you keep the premium. Just talkign out load..
great chart , my 2-cents
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dont have many holdings in my trading account anymore , lol. Been taking profits .Still own some kweb (dumped some more today, fuckin chart is near vertical , crazy ) and qqq's . Out of MJ, ICLN, ARKK, ARKF, very grateful for the gains. . Could get stopped this week on both qqq, kweb will see.
Price is price , adn the charts on the major indices have not turned , not even close . I plan to get back into any of those 4 etfs if opportunity presents...breakout for XLE (fossil fuel energy) whoa!!!
ES
https://www.investing.com/indices/us-spx-500-futures-streaming-chart
cick 1D then the furthest button on that line 'widescreen'
the ES (spy) was playing in a box ; top of the box 3855ish, bottom of the box 3675 ish. It broke the top of the box and ran to 3957, a +2.6% run . If it pulls back , it needs to HOLD this level ; 3855ish zone is now support. If it was to lose it? the bottom of the box is at play, 3675, that's a 7% fall from the alltime high 3957 (not saying it will go there, but it can , lots of support there).
approx 70% of stock price action just follows the index, if the index pulls back, most stocks will as well. Keep an eye on these levels, esp 3855ish. Stocks /etfs with higher beta numbers will move dramatically faster to the downside than the SPY
again from the charts, NOTHING has been breached , no danger . AND not seeing any massive dark pool prints on the major indices, no big players gettin' atta dodge!
...if i do ill try to post. C Woods is now offocially known as 'The Money Tree' in S Korea, @)
Will be interesting to see if her firm can keep humming along (she may be immnue to reversion to the mean!!)gotta beleive it will be more challeging as MASSIVE monies is flowing into her firm!! wtf , there are only X-number of 'disurptive innovation ' stocks around. She going to plough more monies into them ? i think shes awseome, obviously great leadership skills , innovative, thinks outside the box, no fear . the areas her etfs invest in are newer tech, arenas that r constantly changing- so instead of getting a bunch of CFA, MBA chaps running the portfolios she gets people in the field to be part of the management team. WTF does a CFA know aboout genomics? as an example. So kudos to her. The charts on the etfs are just crazy awseome, a retrace to a support is a buy. She is a big btc bull
GL Boz, guys
ICLN (clean energy , has a few of the big solars )
6 mth daily
50 sma
getting juicy!! surgical bounce off the 50 SMA, this region has been tested twice and its the .38 fibo ,confluence .... watching closely.......did not pull the trigger......
Woods is a star...
Man, I'm too wiped out to respond with much ...Back at Mt Bachelor, Beautiful blue bird day today, 3 to 7 inches of snow tomorrow.
If I could figure out how to post pics..I got some crazy shots today of trees as snowed over as I ever seen them....Nuts.
Man, I'm too wiped out to respond with much ...Back at Mt Bachelor, Beautiful blue bird day today, 3 to 7 inches of snow tomorrow.
If I could figure out how to post pics..I got some crazy shots today of trees as snowed over as I ever seen them....Nuts.
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| Global Market Comments February 17, 2021 Fiat Lux Featured Trade: (HOW TO HANDLE THE FRIDAY, FEBRUARY 19 OPTIONS EXPIRATION), (TSLA), (MS), (BA), (BLK), (GS), (AMD), (KO), (BAC), (NFLX), (AMZN), (AAPL), (INTU), (QCOM), (AZN), (GILD) 
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How to Handle the Friday February 19 Options ExpirationFollowers of the Mad Hedge Fund Trader Alert Services have the good fortune to own no less than 16 deep in-the-money options positions, all of which are profitable. All but one of these expire in two trading days on Friday, February 19, and I just want to explain to the newbies how to best maximize their profits. It was time to be aggressive. I was aggressive beyond the pale. These involve the: Global Trading Dispatch
So far, so good. I’ll do the math for you on our oldest and least liquid position, the Tesla February 19 $650-$700 vertical bull call spread, which I initiated on January 25, 2021 and will definitely run into expiration. At the Friday high, Tesla shares were at a lowly $816, some $53 lower than the $869.70 that prevailed when I strapped on this trade. Provided that Tesla doesn’t trade below $700 in two days, we will capture the maximum potential profit in the trade. That’s why I love call spreads.They pay you even when you are wrong on the direction of the stock. All of the money we made was due to time decay and the decline in volatility in Tesla stock. Your profit can be calculated as follows: Profit: $50.00 expiration value - $44.00 cost = $6.00 net profit (4 contracts X 100 contracts per option X $6.00 profit per options) = $2,400 or 20% in 18 trading days. Many of you have already emailed me asking what to do with these winning positions. The answer is very simple. You take your left hand, grab your right wrist, pull it behind your neck, and pat yourself on the back for a job well done. You don’t have to do anything. Your broker (are they still called that?) will automatically use your long position to cover your short position, canceling out the total holdings. The entire profit will be credited to your account on Monday morning February 22 and the margin freed up. Some firms charge you a modest $10 or $15 fee for performing this service. If you don’t see the cash show up in your account on Monday, get on the blower immediately and find it. Although the expiration process is now supposed to be fully automated, occasionally machines do make mistakes. Better to sort out any confusion before losses ensue. If you want to wimp out and close the position before the expiration, it may be expensive to do so. You can probably unload them pennies below their maximum expiration value. Keep in mind that the liquidity in the options market understandably disappears, and the spreads substantially widen, when security has only hours, or minutes until expiration on Friday, February 19. So, if you plan to exit, do so well before the final expiration at the Friday market close. This is known in the trade as the “expiration risk.” If for some reason, your short position in your spread gets “called away,” don’t worry. Just call your broker and instruct them to exercise your long option position to cover your short option position. That gets you out of your position a few days early at your maximum profit point. If your broker tells you to sell your remaining long and cover your short separately in the market, don’t. That makes money for your broker, but not you. Do what I say, and then fire your broker and close your account because they are giving you terrible advice. I’ve seen this happen many times among my followers. One way or the other, I’m sure you’ll do OK, as long as I am looking over your shoulder, as I will be, always. Think of me as your trading guardian angel. I am going to hang back and wait for good entry points before jumping back in. It’s all about keeping that “Buy low, sell high” thing going. I’m looking to cherry-pick my new positions going into the next month-end. Take your winnings and go out and buy yourself a well-earned dinner. Just make sure it’s take-out. I want you to stick around. Well done, and on to the next trade. 
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Quote of the Day“You want to be in the stock in the second inning of the ballgame, and out in the seventh. That could be 30 years,” said legendary value stock manager Peter Lynch. 
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Sweet..you'll get great weather in march up there.
Nice moves on EDT.. it should adjust up today on the first trade.
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