Dr DT
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Looks like CGC on the move. Only bought last night and just double up my position now. May be a hidden gem for the presidential election and extra sales tax revenue for US government to help pay for US debts. If legalized, sales tax could be in billions…
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As I posted this week, if the markets push up to all time high and is unable to maintain its price for a few days, then careful a correction may happen. As we see early in the trading hours, everything was pushing up but suddenly it starts to lose steam and now all in negative territory. Seems like the big money is starting to sell off ahead of the Fed decision tomorrow.
My short on Nvidia, SOXS, QID, SDS and KOLD are all in the money. Will monitor closely and see what ha...
My short on Nvidia, SOXS, QID, SDS and KOLD are all in the money. Will monitor closely and see what ha...
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Dr DT
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Just bought KOLD as natural gas haa retraced up to it’s resistance level and is about to progress on its MA patern which should be heading down soon so KOLD price should go up.
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Dr DT
commented on
Dr DT
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During the last US presidential debate, both candidates were for legalizing marijuana. This would be interesting for CGC. Furthermore its current price is already beaten down to the low side so risk to the downside is limited.
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Nasdaq and Nvidia along with senis are showing weakness and leasing the market lower. Bought SOXS for 3X short on semis.
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Just closed and sold WBA. Market seems very weak so put money in the poxket to preserve profits as priority.
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FOMC meeting is coming this week and 25 bp rate cut is widely expected by the market. After the CPI and PPI report this week meeting expectations showing inflation is slowing and jobless claim holding, the stock maket started to melt up again. I would be very cautious here. The market seems relaxed anticipating the start of the next bull run once Fed starts the rate cut. However if the economy outlook is strong, would Fed really need to do a “series” of rate cut?
Currentl...
Currentl...
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Bought WOLF. A semicon stock that is expected to double its revenue by 2026 with over $2B in company cash. This semi goes into EVs, batteries, solar panels and energies. A well beaten down stock felled around 75% in the last 6 weeks. This may be a hidden gem.
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Dr DT OP angel beginner : 1.9K shares
Dr DT OP 71735916 : Yes, that’s why my original post mentioned this one had already beaten down quite a lot and further downward risks should be limited. Anyways, this is still a risky one and not for everyone. However reward could be quite good. Also since both presidential candidates supports legalizing it, may be a good risky play.
Dr DT OP WealthGen : I am not familiar with this one, however looking at the chart does not look good. Basically it is flatlined for several months already with no volume. Solar energy is also for small power generation with today’s technology. Unless there are some big good news coming out you know of or else I would stay away. For energy, it would be much better to go for uranium. There would be lots of nuclear power plants demand going forward due to AI and cloud applications. Solar would not be sufficient to generate a fraction of needed power. However, wait a bit, uranium not yet bottom at this moment but should be by year end.
Dr DT OP Darth Magnavox : Wow. Good luck on fallen angel
Dr DT OP angel beginner : Just need a bit patience and it will play out. May not be a quick one but a sure one nevertheless.
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