dotpem

dotpem

If we're above these levels I gotta consider adding something like this position. Just a lil bit. And ease in more if it's working. RTY/NQ is also looking like a massive base is forming, but I feel like it will take more time to heat up. At any rate, at some point this train is leaving the station. Just don't want to be too early or too late.

dotpem

Gold's poor performance relative to long duration Treasuries tells us it's not looking good. Gold might be best to sell in the short term. Patience is needed for gold bulls as it looks like we might be headed south to test this low support line again soon. Will be interesting to see if buyers pick up at this level.

dotpem

www.bloomberg.com China financial system is having tremors, Hong Kong clampdown, India border clash, chest beating in the South China Sea, rhetorical tensions ramped with "China Flu" dogwhistles. S&P follows $SHCOMP's lead to a very impressively green Monday. But what on earth is going on over there? And don't get me wrong, I know what you're going to say - "The...

dotpem

$PTON is in absolute beast mode and it's 0.485621 distance to $TSLA (about "halfway independent") in my readings. Good stock to include in your long only portfolio alongside $TSLA?

dotpem

I like FB's look recently. If the market keeps bulling out like it has recently it could easily pop off. People love buying this thing. Pretty much every single time in the stock's history that someone though "Eh it's not gonna be higher in 6 months" they were wrong. Good stock to carry alongside $TSLA? The distance reads at 0.48 in my calculations ("halfway"...

dotpem

I like biotech's potential from here and it shows up as a low to medium distance return on TSLA puts in my data experiments

dotpem Updated 

Interested to see how this Fib wave plays out. I'm actually rooting for $JPM and want to get long but want to buy when it's starting to smooth out again, it's hard to say where this correction will end. Those green candles on the daily chart are damn tempting though.

dotpem

BLATANT FED MANIPULATION! OBVIOUSLY THE DOLLAR GOES UP WHEN THEY PRINT MORE LOOK AT THE LINES THEY BOTH GO UP AT THE SAME TIME!

dotpem

You know I hate to bet against Uncle Warren but here we are. Stock hasn't been doing so hot lately and it's mostly financials.

dotpem

I don't know but if it keeps doing this I want a piece of it.

dotpem

I hate to see the days of this long money print machine getting choppy. $DKNG just made people so much f*cking money on the long side it's hard to bet against. But we are starting to see some chop and I wouldn't be surprised by a temporary pull back. The real question is, is this coiling up for another explosion higher? If you think it is, might be a good...

dotpem

One of the most epic bull vs. bear battles raging today is over $AMZN. Given its recent rejection of this bearish push it's hard not to wonder if we're due for some upside here. It's been steadily rallying and the market seems to feel that it's due for a leg higher, but this is also one of the most controversial stocks out there. Grab your popcorn (and $AMZN...

dotpem

I am long financials medium term actually but $JPM churn doesn't look good. You might be able to load up on some cheap JPM shares soon!

dotpem

If they are going up from here they might be going way up

dotpem

Looks like ROKU is building momentum to rally again after a pullback. Are we going to see some nice action to the upside here?

dotpem

$PEP chart looks awful. It's practically begging to be shorted. I think we saw a false break out here and now we're returning to earth.

dotpem

We live in crazy times. Why not?

dotpem

Steady growth, what's there not to love?