Market closes early Christmas Eve, correct?

1 pm eastern,

$30,000 Millionaire said:

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I'm a better trader than medium term stock picker. Long run I'm pretty good. Here's some thoughts on some stonks I could see doing well. I have commonality with Heineken so I won't show put those up

- DINO
- CELH
- KO
- GOOGL
- LLY
- XLU

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- GOOGL

- LLY
- XLU

these are three I have had for a long time and hold for years.

I'm watching NFE between $14.50 and $16 for a potential top to buy ATM puts looking for a new low. Lot to play out here. But put it on your watchlist in case I call it out in the next week or two.

Dang! I'm long NFE. I will watch for this

Chef Elko said:

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Dang! I'm long NFE. I will watch for this

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It could also hold $10. In my scenario, that would either be first support before ultimately failing or it would be a bottoming area. The puts I'm looking at would aim to make 2-4x at $10 upon which I would re-assess if I want to re-engage for a lower potential. But, like I said, a lot to play out.

SOFI is set up for one more rip into the new year. If the last low doesn't hold though, there's room for more drop into the low $13's. Below $12 and chance of another high would get less probable.

That's enough to be considered a bottom in TLT, but I will give it to $86 range. $105-$106 would be next if it holds.



Would also indicate that bond yields are about to drop over the coming months with 3.25% being the next target on the 10-year. This would likely coincide with cash leaving the dollar (dollar selloff) and entering bonds, driving rates lower. Remember that the dollar is measured against a basket of other currencies. Europe is entering into significant recession and money has been flowing to the dollar. The Yen has also been incredibly strong and significantly higher than the August spike that nearly broke everything globally. But that might be changing soon, with the flight of money early in the year moving to gold, silver, and treasuries. BTC should also see strength, but it has the most toppy looking chart of all of those mentioned at the moment, so I'm not 100% sold yet to be able to be confident (though I am strongly hoping on it).

$POWL

Looking at Fintel and it appears we should get the updated short interest on Powell from the 12/15 settlement date tomorrow on 12/24. It appears it shows up on the 7th trading day after the 15th. For anyone that knows more about this, is this 2x per month publication the norm or just what Fintel shows?

ZIM might have finally found it's bottom after the large dividend selloff. But I can also make a case that it's formed a bearish setup, so getting over $24 is the first hurdle. Then I need follow-through above $30.

bought GME, look up a chart, rounded bottom into ascending channel.

bought TSLA, flipping bullish again

about to sell NVDU

FXI - China large cap ETF, looks like it's ready soon!

EliteZags said:

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PLTR HOW TF WE FEELIN

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You all are welcome. I sold a few 83 covered calls yesterday.

I'm telling you boys!!! back to ATH...market is just gonna stupidly rip thru 1/3/25...ain't nobody selling now...still don't know why there is buying at these valuations, but that is just what Santa does...causes everyone to load up on margin and fluff this sucker up for a few more days...still waiting on that margin call to go thru from last week...I'm thinking that will be revisited in January

This longshoreman strike is sitting there waiting too.

Re WWR interesting story on soda ash made from table salt to experimentally power batteries instead of lithium.

https://www.wsj.com/business/autos/sodium-lithium-u-s-dependence-on-chinese-batteries-23c60251

Chi-coms have to synthetically make it which is expensive while we are the Saudi Arabia of soda ash mining.

XLY best counts as an ending diagonal with the (3)rd wave top likely in. First support is $208, then $192. If this plays out with a low in March, it might not just be NKE that has a great 2025 opportunity, but the whole discretionary sector.

Dan Scott said:

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WWR volume. The last time it traded over 1M shares was October 23. It's Christmas Eve and 900K already traded. Something is up. At worst a short term pump into the .60s like all the other times.

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Wouldn't be surprised if it was more insider buying. Everyone was waiting on DD to complete to make sure they could secure funding. But it's not even the most volume this quarter. October saw 3 days with more than this.

MU anyone?