Picks for 1/5/21

I want to see how the market opens before making any moves today. The uncertainty with the GA senate runoff and potential political unrest with the Trump protests on 1/6 make for a shaky market in my opinion.

I am currently holding VIXY calls in addition to GLD calls. I also bought some EGO shares yesterday as Gold Miners appear to be undervalued in relation to Gold.

I will be watching yesterday's pick:

DXC since it moved as anticipated and was able to test the 50% and 61.8% Fib levels while still closing higher.

I also am sticking with TDMI which was able to test both support and resistance yesterady. This look like its consolidating and will likely make a move upward.

Also watching CERC as it had a successful results in a trial for COVID related pneumonia. DAKT looks to be rebounding after retracing to the 50% Fib level a few days ago and should climb back to prior highs in the $5 range. Finally, CVM is due for results on the P3 study anytime now and could continue yesterday's rally caused by CEO's letter to shareholders. The short squeeze leading up to data and after successful results should be massive.

23 views0 comments

Recent Posts

See All

Picks for 12/3/21

CDEV - It looks like it could be in the early stages of a reversal as the most recent candle tested the 200 sma and closed above the .50 fibonacci level. A tight stop is necessary until the reversal

Picks for 12/2/21

Premarket looks mixed and given the recent market dip I will wait to see where things are headed. Watching: TGB, SXOOF, NLST www.tickerstickers.net

Picks for 12/1/21

EGAN - The most recent candle tested 2 fibonacci levels and closed above the .23 level and also above the 9 ema . The MACD is curling up and the D+ indicator is crossing the D- on the ADX . Targeti