Prognightmare said:

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infinity ag said:

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Prognightmare said:

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infinity ag said:

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I think it's a great time to buy and hold. Markets are at a low and looking for a reason to jump up.

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I think we give back some of this recent move off the lows. If that occurs, then I'd take some long positions that I want to just hold onto.

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Yes, there's been some gains YTD and I think some of it will be given back, but then I don't think we go below where we were on Dec 31. So if you buy now and hold through, you should be up after 3-6 months.

From this year, I have started an account purely for playing momentum. This is outside my IRA and my regular trading account. The plan is to use the short term gains for things like vacation, home improvement, kid's expenses and other short term needs/luxuries. Let's see how it goes.

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Pay a lot of attention to OldArmy1. You will learn a ton and profit more than not if you do.

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Or he's priming all of us for one ginormous bagholder action and will bury us all....

I kid. He's been nails on a lot of things and his analysis has been extremely helpful to posters.

IrishTxAggie said:

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Prognightmare said:

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infinity ag said:

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Prognightmare said:

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infinity ag said:

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I think it's a great time to buy and hold. Markets are at a low and looking for a reason to jump up.

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I think we give back some of this recent move off the lows. If that occurs, then I'd take some long positions that I want to just hold onto.

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Yes, there's been some gains YTD and I think some of it will be given back, but then I don't think we go below where we were on Dec 31. So if you buy now and hold through, you should be up after 3-6 months.

From this year, I have started an account purely for playing momentum. This is outside my IRA and my regular trading account. The plan is to use the short term gains for things like vacation, home improvement, kid's expenses and other short term needs/luxuries. Let's see how it goes.

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Pay a lot of attention to OldArmy1. You will learn a ton and profit more than not if you do.

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Or he's priming all of us for one ginormous bagholder action and will bury us all....

I kid. He's been nails on a lot of things and his analysis has been extremely helpful to posters.

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The man has a 7 monitor trading station and two screens are on TexAgs.

Bury us? He damn near loves us!

snowmnag970 said:

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Well this chart is a bit disturbing...

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I guess we will know after earnings this week

for any other momentum degenerates out there -
NBEV is really heating up and looks like a beautiful set up. I'm looking to buy some options a few weeks out and will be looking to add tomorrow off a weak open.

Welp, CGC doing what pot stocks do.

Up ~46% over the past 5 trading days.

Prognightmare said:

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infinity ag said:

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Prognightmare said:

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infinity ag said:

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I think it's a great time to buy and hold. Markets are at a low and looking for a reason to jump up.

---

I think we give back some of this recent move off the lows. If that occurs, then I'd take some long positions that I want to just hold onto.

---

Yes, there's been some gains YTD and I think some of it will be given back, but then I don't think we go below where we were on Dec 31. So if you buy now and hold through, you should be up after 3-6 months.

From this year, I have started an account purely for playing momentum. This is outside my IRA and my regular trading account. The plan is to use the short term gains for things like vacation, home improvement, kid's expenses and other short term needs/luxuries. Let's see how it goes.

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Pay a lot of attention to OldArmy1. You will learn a ton and profit more than not if you do.

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Thanks Prognightmare, I'll keep a watch on his posts.
I have made a lot of money for years from TexAgs stock tips. Examples are DYII (around 2001), and more recently GMCR and LVS.
Edit: OldArmy just mentioned WYNN. They were in competition with LVS so maybe it was his stock tip that made me money 10 years ago!

Think that was Bocephus that made that call.

MNGA after hour volume alerts hit. in a meeting and can't look but if moving upward watch it close for a spike.

I've been a lurker off and on for the past few months, and also wanted to say thanks to everyone that posts their advice and strategies. With so much info out there to comb through, this thread is an amazing resource to have at hand.

With that being said, has anyone heard of FlowAlgo? I haven't seen anyone mention it on here unless I missed it, but I came across it recently on Twitter. They sell a pretty good story on their home page, but maybe I'm just ignorant and this kind of information can be found elsewhere for free, cheaper, etc. I couldn't really find any reviews or much about them from a quick search either. Looks like they've been around for over a year.

I actually was trying to browse the internet for a (free) tool like this last week.

Like Ranger said, there are a lot of great services out there from respected individuals that I'm sure a few people could list off for you and anyone that's interested.

I know the desktop TOS program has a tool that monitors large flow of various equities, however, I have not looked into if it stores that data for later or if its just a live monitoring/feed of the day as it progresses. But I plan on looking soon and let you know what I find ( this would be the closest tool to "free" that I could find.

Futs back to flat on JPM top and bottom line miss

Is anyone who's holding RRTS buying more through their rights offering? For each share you own, you can buy ~23 shares.

Curious, as there's a decent thread on the automotive board going, has anyone looked into stocks that pertain the metals used in battery technology. If election vehicles is the future, then this is where the money should be found

That should be priced in to most applicable mining stocks. Look at FMC chart since 2016, although I think they spun off the Lithoum production into LTHM?

Also the problem is you get into the mining sector, commodity pricing, etc. I'm not a fan personally. You can see the ALB chart since 2016 as well to see the volatility.

I would rather bet on technology and automotive associated with EV and autonomous driving.

NFLX up 5% early. Announced a price hike.

https://www.cnbc.com/2019/01/15/netflix-to-raise-prices-by-13percent-to-18percent-its-biggest-increase-ever.html

Quote:

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Netflix is raising its U.S. prices by 13 percent to 18 percent, its biggest increase since the company launched its streaming service 12 years ago.

Shares of Netflix soared 6 percent ahead of the market open Tuesday.

Its most popular plan will see the largest hike, to $13 per month from $11. That option offers high-definition streaming on up to two different internet-connected devices simultaneously. Even at the higher price, that plan is still a few dollars cheaper than HBO, whose streaming service charges $15 per month.

The extra cash will help to pay for Netflix's huge investment in original shows and films and finance the heavy debt it has assumed to ward off rivals such as Amazon, Disney and AT&T.

This marks the fourth time that Netflix has raised its U.S. prices; the last hike came in late 2017. But this is the first time that higher prices will hit all 58 million U.S. subscribers, the number Netflix reported at the end of September.

Previously, Netflix had continued to offer a basic, $8-a-month streaming plan while raising rates on more comprehensive plans with better video quality and options to watch simultaneously on different devices.

This time, the price for the cheapest plan is going up to $9 per month. A premium plan offering ultra-high definition will jump to $16 per month from $14.

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Buying SPOT Jan 25 $138 Calls @ $1.40

Did someone say S&P Flag? Breakout

oldarmy1 said:

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Buying SPOT Jan 25 $138 Calls @ $1.40

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Looks like one of you joined me on this so my target is $3.95

2594 must become a hard bottom if this is going to hold as a technical breakout. That would be entry/exit level

Pay attention also to JPM.....misses but has now come back showing that the overall selloff took it below valuation support. Bullish

Prognightmare said:

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https://www.cnbc.com/2019/01/15/netflix-to-raise-prices-by-13percent-to-18percent-its-biggest-increase-ever.html

Quote:

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Netflix is raising its U.S. prices by 13 percent to 18 percent, its biggest increase since the company launched its streaming service 12 years ago.

Shares of Netflix soared 6 percent ahead of the market open Tuesday.

Its most popular plan will see the largest hike, to $13 per month from $11. That option offers high-definition streaming on up to two different internet-connected devices simultaneously. Even at the higher price, that plan is still a few dollars cheaper than HBO, whose streaming service charges $15 per month.

The extra cash will help to pay for Netflix's huge investment in original shows and films and finance the heavy debt it has assumed to ward off rivals such as Amazon, Disney and AT&T.

This marks the fourth time that Netflix has raised its U.S. prices; the last hike came in late 2017. But this is the first time that higher prices will hit all 58 million U.S. subscribers, the number Netflix reported at the end of September.

Previously, Netflix had continued to offer a basic, $8-a-month streaming plan while raising rates on more comprehensive plans with better video quality and options to watch simultaneously on different devices.

This time, the price for the cheapest plan is going up to $9 per month. A premium plan offering ultra-high definition will jump to $16 per month from $14.

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I may end up selling NFLX prior to earnings now...

ALGN needs to break out of that downward wedge soon...

Sold some extra NFLX jus tnow that I picked up for an avg of 240ish last month. Still holding bulk of my position but a day like today right before earnings felt like a good day to unload some of it.



I've been big on NFLX for 7 years now. Been a wild ride.

A gap on SPX on the minute chart

gougler08 said:

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A gap on SPX on the minute chart

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I can't find any information as to why the markets suddenly jumped.

nice call

Seor Chang said:

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Is anyone who's holding RRTS buying more through their rights offering? For each share you own, you can buy ~23 shares.

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I'm not sure exactly how this is going to work, but I think the rights will be issued like call options at $0.50 per share. And I think you'll be able to sell them like options during the open period. So if the share price is $0.50 they'll probably be worthless or maybe have a tiny bit of premium. Hopefully the share price is higher and there's some premium. Probably wishful thinking but if each share has just a nickel premium then that's 5 cents x 23 = $1.15 per current share or $1150 per 1000 shares you currently own. Could be way off base here, and I'm expecting share price to stay at around $0.50 until everything settles out.

I'm interested to know everyone else's understanding and if I'm totally off base...

gougler08 said:

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A gap on SPX on the minute chart

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Profit taking coming in hard