Philip J Fry said:
I usually buy DNN around $1 and then sell at 1.25. Rinse and repeat.
Anywhere under 1.10 and sell over 1.20 for me.
Philip J Fry said:
I usually buy DNN around $1 and then sell at 1.25. Rinse and repeat.
Triple_Bagger said:Uranium is a gamble so I wouldn't recommend DNN as a longterm hold.TheVarian said:
Sold some Apple stock and have some money to play with.
Have been eyeballing DNN and Gold for some time. I'm a newbie and should know more than I do right now but are those two good long term holds?
Gold could be a good one, especially if the fed pivots next year, but is also a gamble.
IMO, good longterm buys today are PARA, VZ, GOOGL, BRKB, MO.
Oh and have you heard of WWR. At $1.02 per share, it's a pretty cheap entry into our cult.
TheVarian said:
Great thougtt he a,
I did purchase WWR late and at an uptick at an average of $2. So I'm a bit down at the moment and am thinking of just purchasing more to keep costs down and in hopes of it exploding one day
$30,000 Millionaire said:
Brutal fake outs.
spy 393.68 has been rejected twice. It is the 0.41 fib from todays high to the 1034 candle low. It is also in the hourly 5 ema area. Hourly trend is still down with the 5 ema below the 10. The 0630-09:00 lower trend line has held support so far, but time is running out on the trend lines for a breakout.Txducker said:
agree, spy does feel choppy. Today may be a rest day for option premium burning. The 10:00 high rejection has me leaning lower vs higher. The direction from that time frame is usually continued until lunch time and we still haven't tested yesterday's lod in rth. A newer low was set premkt.
There was something in this report yesterday that people did not like:Triple_Bagger said:Uranium is a gamble so I wouldn't recommend DNN as a longterm hold.TheVarian said:
Sold some Apple stock and have some money to play with.
Have been eyeballing DNN and Gold for some time. I'm a newbie and should know more than I do right now but are those two good long term holds?
Gold could be a good one, especially if the fed pivots next year, but is also a gamble.
IMO, good longterm buys today are PARA, VZ, GOOGL, BRKB, MO.
Oh and have you heard of WWR. At $1.02 per share, it's a pretty cheap entry into our cult.
wanderer said:
If anyone is interested, these are now available for under 70 cents.$FIS Jan 20 $80 calls $1
— Disciplined Trading (@oldarmy1) December 5, 2022
So do all those buyers in the 20s. And next week this time it's supposed to be more wintery.Brian Earl Spilner said:
BOIL wants 30.
Not a short term treasury leveraged ETF, but I'm up 22% on TMF, a 20 year treasury bull ETF. I only got in after watching TTT churn up smoothly all of 2022 and then start to pull back.BaylorSpineGuy said:Bonfire1996 said:
2 year treasury is now 15 basis points below where rates will be in 8 days. This is the first time this has happened during the Fed's current tightening cycle. For the past year, the 2 year treasury has listened to Powell and other members, and accelerated past where the next move was anticipated to go.
Translated: Market is telling the FED, "you don't have the balls to keep rates at next week's level for very long."
We are in a dangerous place for fiscal policy at the moment.
So if the 2 yr yield is gonna drop (and looks to have already peaked), are there any leveraged ETF's to trade to gain exposure to the short term bond?
It looks like it's in a big H&S pattern now with the neckline around 4.25. A break below there and it could drop pretty aggressively with significant move in bond price.