$TSLQ - Nibble
$HAL - Add, average down, almost full load.
$BOIL - Add, average down; set mental stop loss, half-load and hoping this goes down hard one or two more times, might buy some $KOLD as leverage.
$ARDX - Added, and might add more quickly in an explosive breakout on high volume.
$CELH - waiting patiently for setup to stabilize for a bull run. $80 area looks promising. And there were other setups which I hope to post later tonight as long as this Chemo/Raidiation doesn’t wallop me at 9:00 like my first four sessions since November.
I have mental stops and hard stops for all of the above, including $BOIL which I hope to add to at lower prices.
$BOIL is extremely dangerous in the hands of people who don’t trade intra-day. Just too hard to explain years of charts and different studies with different time-frames. I use setups which work for me. As an emotionless trader who is more focused on health than any time in my past, I am discovering that Cancer has abetted my trading in that I now move much more quickly entering and exiting trades. Not too much second guessing in trades, but loads of second guessing the macro events going on today.
This is not a humble brag, but just a sign along my Cancer Fight journey: I haven’t had a losing trade in two months. I’m learning to buy late day, and let the morning sessions go until about 10:40AM at which time I monitor downtrend reversals on high volume, and, profitable penny stocks and penny biotech stocks with good stories on the front burners of Phase III or PDUFA. Many times, I’m still in a chair at the Chemo Cafe, or still zombified in bed. Hence, a new focus on very tight money management has helped me win about 24 out of 24 trades. (Really 27 of 27, but three of them were old LTBHs were I took gains too: $SHOP $ROKU $MRNA. I will re-enter these when I like their charts for another swing.
Most of the above were single-digit gains 2% to 9%. The three double digit gainers from the LTBH side were also added to on the way up.
On stocks I keep short-term, I had a few double-digit wins (like $ISEE last Friday, that was a one-day hold into earnings with a decent sized nibble for 25%.)
Today, because I was knocked out for hours in a chemo chair, I did not view the market until 1:30 PM. When I came home I laid out my plans for late day buying - if the setups were still viable or my money management was saying “BUY here!” I simply bought. No fear, no sweat, just focus on the risk/reward and hard money management. Taking small losses in trades does not mess with my mind. I move quickly, like a machine, and I don’t get bogged down in “shoulda, coulda, wouldas,” which is day dreaming like Elon Musk - and we know I don’t want to emulate that conniving moneygrabber.
Anyway, I’ll be ready to take profits and losses on breaks below my mental stop/losses and real stop losses. I am ready for some losses, tiny ones, if the market tanks again, and I’m not paralyzed by the thought. I play defense now. We’ll get the offense back to the field as stories and earnings calls progress.
Viewing the macro: I’m not bullish, except for particular companies digging deeper and wider moats. I’m looking over AI which requires some seasoned chops to trade intraday as well. These things move quickly on breakouts.
AI is where crypto was last year and the year before. Tread lightly 'til I get hardened stories is what I am doing there. Too many players mucking up that which is already working. Slow down, get AI right. Give authorities, philosophers, investors, and the young the proper time needed to THINK about the future without a bunch of Screaming Blue Messiahs pumping their favorite stock or Unstable Genius CEO.
In Biotech, many Phase I and Phase II stories in Cancer and AI designed biotechs are beginning to work chart wise. Where AI and healthcare meet is some Matrix type stuff. I know first hand.
I am hooked to an at-home chemo pump which also has WiFi and is not only pumping chemo through my intestines and organs, but sending live data to four sets of Scientists/Doctors studying my dense dose chemo protocol. Think about that: no planes, no in-office visits required, and some of these drugs being tested were designed by AI. That’s where cancer is going to be fought: AI designing programs for each patient fighting cancer. AI designing drugs. AI designing healthcare robots.
Being inside Genesis Oncological and Cleveland Clinic rooms for Cancer patients, and being around the sharpest most focused doctors and nurses I have ever seen, means I notice something new every week or two weeks.
New advertising boards placed by drug companies are dispensing great medical advice to us patients about diet, nausea, pain, anemia, dizzyness, appetite, neuropathy (for some patients), keeping ports clean, etc.
And then there are new drug protocols being designed off test results from others of us in these trials. The 5% of us who agreed to be giant lab rats had to sign NDAs and other paperwork concerning our treatment. I think they passed me so quickly because I wrote a letter to all doctor’s that I wanted to advance Science, I’m not afraid of pain, I’ll let you know if and when when I pass out from it. I have yet to ask for them to dial back the pain. I want to see where my body can take this.
With this new at-home WiFi pump these guys can now compare my notes to the charts showing when the latest mix pumped a triple or quadruple shot (always around 9:00 PM.)
Fast growing revenues and profits are still waiting in the wings for most all these prohibitively expensive cancer cures or hopeful cancer cures. I am also alerting on bigger BioPharm players adding $$$ to the coffers of many of these promising micro-caps and small-caps.
Even the COVID grifters are making comebacks using cooked data to explain an uptick in heart attacks in the young.
The shallow pronunciations of these social media “doctors” (think of a social media filled with thousands of George Santos types - that’s what Twitter is for today) and sociopaths, their lies, distortments, digressions, and vapor rhinos, have taken many a former sharp investor and shot them out back behind the barn where Ole Yeller is buried.
For instance, hundreds of Tesla stans have gone all-in on Tesla at this moment. This after learning Musk cashed out another $2-3 Billion Tesla shares this past December when he said for months that his sales were done. And just a kind mention of three worthless cryptos last week by Musk sent them into a frenzy of buying by goofs who believe Musk is the Supreme Leader of our Universe.
If we treated Musk like we treaded Holmes and Milton (two of the more famous fraudsters arranging for “tests” to arrive at bogus conclusions and beneifts sold to gullible fanbois on Tesla) Musk would already be knocked out of his many positions in this fraud he has constructed. Holmes is going to prison. And she will see time added after the Feds caught her trying to leave the country a few weeks ago.
$AME, $CVNA, $AFRM, $TSLA, $GME (jesus, will someone here take a look at that fraud from just their real estate AP, and cratering brick and mortar sales?) and dozens of others are deep into coverup.
So, $TSLA up 50-60% on a daily chart. Big whoop. Still down 50+% since its November 2022 high. That’s how far we are from its recent high nailed by Kimbral Musk and Elon last November with their huge sales of $TSLA shares.
And this wimbly wambly analysis done of all Meme Stocks lacks true investigative, forensic reporting. (See Aldani and what Hindenberg Capital discovered in its following the corrupt accounting to offshore accounts.) I will add that most Tesla investors have never seen a list of how many offshore account the Musks and Tesla have instituted to keep inventory hidden.
I got tired of reading it, it was so long. Some of these LLCs are constructed like something Andy Fastow would be proud of. Some of these LLCs hide group (fleets of cars) purchases to Tesla from Tesla. There’s no breakdown from these games in any Tesla 10Q. Some of these LLCs show profits after they sell hundreds of cars from China to an LLC in Europe.
If you’re a Tesla investor, you have to know your used car prices are crashing, despite Elon’s up/down/up/down/up/down discounts and Elon lying for years that your car would appreciate in price and go out an hook for passengers while you sleep and it is in RoboTaxi mode.
Three bad wrecks this past weekend took the lives of Teslans. Were any of the three Teslas involved in these wrecks on FSD? (Especially that fire truck crash.
Tesla investors not paying attention, think the NHTSA is done with the Tesla recall. Not so. In every press release, the NHTSA investigation into Tesla is still ongoing. Or so they say.
Another observation: I am not seeing my timeline fill with the best analysts on Twitter any longer. Many of them have dialed way back on Twitter engagement now that Musk has filled the ranks with store bought checkmarks which no-longer carry weight and storebought bots in Musk’s Army.
I know hundreds of people with tens of thousands, hundreds of thousands, and millions of followers on Tweet who are now proudly displaying screenshots showing they blocked Musk, or Musk blocked them. On the flip side, I keep all these people who think for themselves unblocked.
Blocking on Twitter makes the news feed of mine halfway palatable. Blocking Musk was easy. Blocking his thousands of his most rabid rooting incels, that’s tricky. It’s like a balled up spider web of bots spreading the Gospel of Musk.
Same thing (bots humping a story stock or its bent CEO) was beginning for Theranos back in the day. And Cathie Woods today.
But no CEO practicing fraud can steal Musk’s thunder.
Musk rules his cult expertly. I like Star Trek, but I’m not a trekkie. I like Joe Biden, I don’t fly flags and post signs on my vehicles.
Anybody who tramp stamps themselves with a Tesla tattoo is the kind of person I don’t have 5 seconds for any longer. You start that Tesla argle bargle on Twitter, I block you, and my timeline slows down even further. Hence, Twitter in 15 minutes daily. Maybe twice a day, 15 minutes, no more.
And Musk isn’t the only fraud out here. There are plenty more of these conniving businessmen to rid the board rooms of. Take that CEO of Norfolk-Southern. Five dollar “payback” to every citizen in East Palestine. “Here, go buy yourself a Subway sub for $5.00, and remember, Norfolk-Southern is your friend, and thank-you for keeping the trains running!”
The markets are more corrupt today than anytime in my life. Citizen vs. United did that. Late Stage Capitalism built on the vapor promises of Sociopaths and Psychopaths from Silicon Valley. All of them are now on my expanding block list.
So . . . . .
Money management and tight stop/losses is my focus. And kicking the idea around to either enter healthcare or forensic accounting at the community college.
Two months ago I was very bearish.
Two weeks ago I was mildly bullish.
Today I’m stuck in the middle waiting for things to take off one way or the other. But I’m not very hopeful any of our toothless Fed agencies will finally grow a pair and start jailing the Too Big To Fail types.
Add in whaty happens in Ukraine, China, Belarus, Russia, and Iran over the next year and these hotbeds of insurrection will most definitely affect Western companies which haven’t thought through on-shoring manufacturing during Hard Times. Many of these corporations are thinking the worst is already over. And yet, see above.
So, watching the risks outweigh rewards at this moment. But that could change in a heartbeat. Somebody takes out Putin and I hope the new ruler isn’t as bloodthirsty and crazy. If Putin disappears and a new ruler is ready to pull out the Russians from Ukraine, we could see an explosion to the upside.
A Russian tactical nuke or Russians killing more innocent civilians, and, the West might just say, “Enough,” and release the real Dogs of War via F-16s, American Navy in the Black Sea, and so on. And watching Poland become America’s No. 1 ally in the EU East sends a message to Orban in Hungary and Erdogan in Turkei, get on board, boys, or miss out of the Victory Day parades you could be part of.
Hence, I’m sick with Cancer, but I see risks more clearly today than I see rewards.
Back Putin into a corner he cannot escape. Send our best war materiel to Ukraine, now, or those Americans, who are not paying attention to these bloody war crimes against civilians and captured troops, will be caught off guard when their Roth IRAs with no dividend payers and loads of tech all go to hell with Putin and the Ruzzians when the launch their Last Chance Assault.
Friday is February 24, the one-year anniversary of the invasion of Ukraine.
Friday, it would be fun to list all the Americans who predicted a quick victory in Ukraine. I’ll see if I can put that together.
Depends on the chemo/radiation mix dripping into me via the pump.
Anyway, that’s all I’m nibbling on at this moment. I did close a one-day trade in $ISEE last Friday for 25%. (Earnings play, I rolled the dice with a decent sized nibble, maybe 1/3 position. Used gains to add more shares to my Ten Core Dividend Payers (which I add to weekly without viewing a chart.)
Two of my core divvy payers are also LTBH for me. I use profits from trades to continue buying new shares in the underlying of $AMLP and $CWH (which reported earnings today after-hours, and this is what I’ll look over next.)
Okay, two hours from liftoff on the Chemo. I’ll start eating my THC gummies in 30 minutes. I’ll add more in 90 minutes. At 9:00, the Big Jolt kicks in.
How I deal with it: turn on some kind of True Crime series and let that male voice narrating gently rock me to sleep - if I can.
