In today’s Daily Digest, we’ll review:
- New Position in USO.
- No adjustments today.
- No exits since the last report.
- Current status of open campaigns.
Let’s dig in! [Read more…]
Expert technical analysis of financial markets by JC Parets
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
[Programming note: There will be no trades and no daily digest tomorrow, Friday December 29th. I’ll be traveling. Happy New Year!]
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
Today’s trade is in a name that has caught the fancy of aggressive short-sellers. As of the latest update, approximately 25% of the outstanding shares in Chewy Inc $CHWY are held in short positions.
Now, I’m sure the short-sellers have done their homework and have very compelling reasons to be short. I will concede their points to them.
However, short-sellers are human too. And being human means they can also be wrong. And if they are wrong, the only way they can make the losses stop is to buy stock to cover their short positions. If 25% of the float has to cover their shorts, that sets up the possibility of a wildfire to the upside.
We’re here for that possibility.
Check out this chart:
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
The bull market continues, and the broadening out of participation continues to widen. Today’s trade is in a Chemicals company that is beginning to show some relative strength and has two upside targets that could potentially be met, if conditions cooperate.
We’ll reduce our position as the closer target, and hold the rest for a run at the big prize!
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]