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Oil is pretty volatile, but I go with Tom Lee on this. I'll be holding it for 2022. I made a ton of changes for 2022. https://www.cnbc.com/2021/12/20/goldman-ubs-and-cowen-pick-travel-stocks-set-to-take-off-in-2022.html

Reliable on things with less than 6% volatility and in certain windows. More accurate than programs like UltraAlgo. It's well worth 70 a month, you can make than that in one trade. But you still have to study technical analysis, you can't just blindly follow it, or you'll be destroyed on some...

The best day traders are able to switch almost instantly, showing no emotion or remorse for previous losses or gains. I've had to hammer that into my head, which is why I've been able to be more consistent than I was at the start of 2021.

ShakyJake, I let the computer do the stop loss for me now.

A while back, I posted the formula for stops. But now, I just use TRNDbot to figure it out for me in real time.

Yes, come join the darkside with me. On my day trades, I switch between bull and bear from minute to minute.

TSLA is still in a down channel, as its been pretty much for the last 17 days.

I looked at in March, but didn't fool with it. I'll take a look again. Thanks.

This is where I am at this month. Shorting Tesla is the easiest trading ever...everyone has given up on it and interest rates. POS stock, flush it down the toilet. Three more days of trading this month and I'm done for the year. February marks my one year of day trading. I *hope* I'm learning.

they named a covid variant after a giant transforming robot that eats planets

TSLA is the easiest short in the world this whole month.

I need to do that, as I've ignored the new guys. Maybe I'll go back and see how they are doing first.

Um, DKNG is at $27? That's another example of a stock I hold it for so long, I forget I own it. But damn. It used to be in the 60s a few months ago.

I don't like Cramer so much, after he screwed over his subscribers on actionalerts. But he's saying careful on tech, buy companies that make things, make profits and have pricing power. I like Tom Lee better, at this point. I don't sub to his service, because he puts a lot of his stuff on...

https://www.cnbc.com/2021/12/16/tom-lee-says-fed-provided-a-risk-on-roadmap-and-he-favors-these-sectors.html?&qsearchterm=tom%20lee Oil, financials, FAANG, some industrials now, travel stocks in January. He did say we are in a risk-on atmosphere after the Fed meeting yesterday. I loaded up on...

And then buy more on the dip, like Nuecor. I'm not happy with myself for not buying more, but I'm already in vacation mode. Could have made a quick 5% on that.

One of my Finance professors at Penn State (undergrad) was a member of the Fed, so I might be a little biased. He was a member of the old Fed though, one that didn't care about employment, just about curbing inflation. This new Fed with their dual mandate is a bit different. I can remember...

On this part, I agree they are screwing the pooch.

Just to be clear, he didn't say what you said above. You kind of made it sound like that's what he said.

Semantics. Inflation is being dealt with using a double taper. Not completely dealt with, but more than before.

He didn't say 5 years. He said energy, financials, travel and some industrials will outperform next year. Its overdone. I mean, for God's sake, the price of oil is so low that it assumes no air travel anywhere in the world for three months straight. I bought a bunch of energy, financials and...

You can argue with what he just said on CNBC.

Tom Lee just spoke on travel stocks. In his words, unicron is peaking already in South Africa, demand hasn't lowered (still close to 2019 levels), we have therapeutics and the travel companies have made structural changes. Not so sure I agree on the final point, considering all of the...

Lol, Tom Lee just said the opposite (except for tech).

Tom Lee says delta and unicron should be negligible, and now that inflation is off the table, we are in a risk on environment. He says unicron is already rolling over in terms of positivity and hospitalizations in South Africa, and sewage data there shows unicron is already burning through...

Shorting Tesla this month is a little too easy. Retail has bailed on it, and there's the interest rate thing. If I was on it the entire month, I'd probably have made 10k. But I didn't trade the first week (flew to a funeral) and I'm shutting down trading for the year here in a few days.

I've been in ABBV for a long time. Its one of those stocks I just hold and forget about. Up 47% for me.

What does market psychology say when everyone is on one side of the ship? There are no more sellers, so it doesn't take much before it goes the other way. Everyone is so negative, that they have to turn positive. I made this same trade on DIS and BA during the pandemic, when everyone said...

Some prefer to be on the opposite side when everyone is so bearish (or bullish). Nobody is sitting here clutching their pearls, wondering what to do next. If travel plays go lower in January, I'll buy more.

So, we are having a record December, and will be the same for January. It's odd. This is our slowest time of the year. I ran a ton of advertising in prep for business falling off the face of the Earth (you can't fight Santa, they say). Spent 12k on TV, 5k on google and youtube ads, and 8k on...

I had a chance to leave the trade, when news of the Merck pill dropped. I would have been in the green, but I elected to stay because the market has it wrong. And I bought more since then (ABNB and BKNG), because the market is being irrational. The media can portray fear all it wants, one day...

I don't expect a huge rally in travel for a bit. At least not until the next earnings report. Look at the TSA counts. No one has stopped travelling. The numbers are pretty close to 2019 counts (TSA checkpoint travel numbers (current year versus prior year(s)/same weekday) | Transportation...

https://www.reuters.com/world/africa/no-omicron-deaths-jj-vaccine-study-south-africa-scientist-says-2021-12-14/ unicron deaths in South Africa: 0 https://www.cnet.com/health/medical/pfizer-covid-pill-could-get-fda-approval-before-january-what-we-know-about-effectiveness/ Pfizer pill reducing...

And yet Powell just said the reason for the double tapering/hiking is that he expects unicron to have very little impact on the Economy. Think about it, how many deaths are from unicron? One?

It's not healthy for the Economy to be growing and interest rates be at 0% still.

FCX NVDA FMC AES J PH GPN PWR DVN https://www.cnbc.com/2021/12/14/these-stocks-worked-the-last-time-the-fed-started-hiking-rates-and-wall-street-likes-them-now.html

Not necessarily, but I'd def be leaning towards companies that build stuff, have good earnings and pricing power. And eventually, growth will be back in favor.

Tapering/hiking is good news. I've had to raise my prices in my business 14% YOY, and none of it went to profit. Between labor, gas and parts, its all eaten up. Sad thing is, my backlog has grown. There's just too much easy money out there. Us Business Owners can't just keep raising prices...

I'm not handicapping shit. My long term portfolio is set, and I'm day trading up until 12-22. And then I'm going to DisneyWorld/Universal Studios for two weeks, I'm going to be ignoring the markets entirely.