txaggie_08 said:

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I wouldn't necessarily bet on a boom in O&G stocks under Trump. He likes to keep the supply high and prices low, usually not the best for O&G bottom lines or stock prices.

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Exactly. And it's why I abandoned most of my bullish positions when supports started breaking.

From the day he was elected to Jan 1, 2020 (I'm excluding everything after that as COVID started to spook markets), oil stocks as a whole went practically nowhere, losing overall. There were periods of strength as there will always be, but looser regulations, opened up drilling with a focus on rapidly expanding production, and lower prices led to companies having to work a lot harder and spend more money to make money. This is why I always say that big oil loves dems. Dems restrict domestic supply, overregulate, cause price spikes, which lead to higher profits on less capital and less work.



Now this is very anecdotal, and energy doesn't overall react president to president in a clean uniform way. There are TONS of other factors that have an impact that can't be discounted, and sometimes, aren't even widely known. I personally see some pretty rough times incoming for energy stocks. But the next generational buying opportunity is coming shortly after. Whether that's 2025, 2026, or 2028, I don't know. Will update as we go and things become more clear.

Seems like a red day for most miners, mstr…anyone buying?

aggies4life said:

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Seems like a red day for most miners, mstr…anyone buying?

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This is tough living. I timed it well on CLSK by getting in at 10 and out just under 17; got out a little earlier on MARA but still did well. I find it odd that MARA's rough earnings report didn't result in a gap down at open for any of the 3 stocks, but everyone has been slowly bleeding to death all day.

South Platte said:

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aggies4life said:

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Seems like a red day for most miners, mstr…anyone buying?

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This is tough living. I timed it well on CLSK by getting in at 10 and out just under 17; got out a little earlier on MARA but still did well. I find it odd that MARA's rough earnings report didn't result in a gap down at open for any of the 3 stocks, but everyone has been slowly bleeding to death all day.

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MARA has been BUYING BTC. They have avery large HODL. Earnings dont reflect this huge move in BTC. Their holdings are worth WAYYYY more today than the period from the earnings. Q4 earnings should be blowout and lead to a huge jump if it doesn't get there sooner.

If MARA makes it back down to the 17 ish area I am jumping in with big balls so I can chase recouping a bad SMCI loss.

I rode this last MARA rise to some nice gains but it was a smaller investment.

I will also go heavy IBIT if BTC drops back to the mid 70Ks

Tumble Weed said:

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FishrCoAg said:

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Tumble Weed said:

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Heineken-Ashi said:

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Bought OXY. Stop $58.50. Targeting $68 over the next 1-2 months. $80 Over the next year.

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That's funny. I sold OXY today with many other oil stocks. It should go to the moon now.

I am rotating out of oil, which is very painful for me to do.

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Why?

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I think that the nation will send Trump back to the White House. Good for the nation, bad for oil prices.

If a multi month war in Israel can't send oil higher, I am not sure what will. I booked the profit and will roll on down the road.

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Glad that Trump won, and I sold OXY on 7/15. Will wait a while before I buy energy stocks again.

Right now I am considering something tied to bitcoin, like IBIT or BITB. It looks like bitcoin wants $100K. Never thought that I would see it, as I have always been a skeptic.

Wish there was a fund that tracked DOGE, as it will print money for a little while.

TxAG#2011 said:

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Holy smokes who is in RKLB? We are blasting off literally

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had an order in to buy @ $4.00 back in early summer and it never quite got there

man I'm regretting not just buying @ ~4.20

El_duderino said:

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Hey Dude was the risk that I mentioned and believe it was a mistake acquiring it. Q4 guidance a little light as well (once again weighed down by Hey Dude). I added more down here as it has a large margin of safety down at $112.

Technical side it's sitting at a strong level of S/R

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Looking tastier by the day.

@Heini you mind doing your thing with Crox? Where do you see it heading?

I haven't added any shares since around $110, but getting very close. I honestly think anything under $100 is fantastic r/r. Lots of funds buying recently along with the director buying at $112.

Anyone still in SMCI? Thinking about cutting bait. Afraid it might go to $0.

ranchag04 said:

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Anyone still in SMCI? Thinking about cutting bait. Afraid it might go to $0.

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I cut bait a couple of days ago. Things aren't looking good and I think most everybody on here advised that we should stay away or get out. Prob best to redeploy those funds.

M4 Benelli said:

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El_duderino said:

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Hey Dude was the risk that I mentioned and believe it was a mistake acquiring it. Q4 guidance a little light as well (once again weighed down by Hey Dude). I added more down here as it has a large margin of safety down at $112.

Technical side it's sitting at a strong level of S/R

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Looking tastier by the day.

@Heini you mind doing your thing with Crox? Where do you see it heading?

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I'm going to go ahead and say that's an ugly ass chart.

CROX - Like so many, the action is too overlappy for my tastes. My best guess is completing a multi-year ending diagonal inside of a decade long diagonal. Ugly and tough to trade. If you're in, I would only bail if it breaks below $73. If you're not in, above $90 could be a good entry with stop just below $89.45, but it could be knifey until it finally puts in a low. Might want to just wait for the c-waves, as those actually act impulsive. See the previous 2 on the chart for examples compared to the a's and b's which are overlappy.

ac04 said:

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Heineken-Ashi said:

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South Platte said:

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aggies4life said:

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Seems like a red day for most miners, mstr…anyone buying?

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This is tough living. I timed it well on CLSK by getting in at 10 and out just under 17; got out a little earlier on MARA but still did well. I find it odd that MARA's rough earnings report didn't result in a gap down at open for any of the 3 stocks, but everyone has been slowly bleeding to death all day.

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MARA has been BUYING BTC. They have avery large HODL. Earnings dont reflect this huge move in BTC. Their holdings are worth WAYYYY more today than the period from the earnings. Q4 earnings should be blowout and lead to a huge jump if it doesn't get there sooner.

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and still haven't switched to new FASB rules for BTC?

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I thought they had. Or am I thinking of CLSK?

TxAG#2011 said:

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Holy smokes who is in RKLB? We are blasting off literally

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somebody had a post on space stocks a week ago. Brew something I think, lol. Now if my dumbass had just bought some then! I'm still waiting on a pullback on them.
LUNR is another one.

for now just been playing GBTC and TSLA, but Heineken's post about MARA has my interest. Playing miners has definitely gotten tougher, but if they significantly increased their holdings of BTC, then it could be game on at earnings.

ranchag04 said:

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Anyone still in SMCI? Thinking about cutting bait. Afraid it might go to $0.

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I'm out and am not tempted to get back in if that perspective helps.

Brewmaster said:

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TxAG#2011 said:

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Holy smokes who is in RKLB? We are blasting off literally

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somebody had a post on space stocks a week ago. Brew something I think, lol. Now if my dumbass had just bought some then! I'm still waiting on a pullback on them.
LUNR is another one.

for now just been playing GBTC and TSLA, but Heineken's post about MARA has my interest. Playing miners has definitely gotten tougher, but if they significantly increased their holdings of BTC, then it could be game on at earnings.

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MARA has a massive HODL. But like all miners, they use Bitcoin bull markets to issue debt to accumulate Bitcoin. This will work great when BTC is going up. But when the next BTC bear market hits, that HODL will be an anchor on them, just like in 2022.

So trade it. Make your money. Then GTFO.

ranchag04 said:

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Anyone still in SMCI? Thinking about cutting bait. Afraid it might go to $0.

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Not sure if all the bad news (besides losing customers or going bankrupt) is finally baked in but looks like AH yesterday they announced filing an extension for the deadline to staying listed.

Would be nice to still be holding DIS right now.

Haven't touched TNA since it crossed $48.

Will look at jumping back in if it fills that gap.

Heineken-Ashi said:

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South Platte said:

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MARA and CLSK. Bought both before close last Tuesday. Up huge. Is buying more right now just chasing? I hate averaging up, but if these are just getting started, I need to do it.

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CLSK - I think $19.50 will be next major resistance and above that $22. If $19.50 holds, I expect mid $14 to hold on a retracement.

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Is CLSK going to hold or is it time to stop out?

Lol finally ditched the stock after holding it through covid until a few months ago. What a way to squander one of the biggest brands in the world and tread water during a multiyear bullrun.

I got in at the perfect time in 2020, held it just a little too long, but still got out with around a 70% gain in 2021.

I considered jumping back in when it touched its COVID low again, but decided against it for the reasons you mentioned.

What's your stop at?

Heineken-Ashi said:

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What's your stop at?

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Set at 14.125, based on protecting my earnings, but was going to move it down if you thought the retracement was lower.

Yeah it seemed like a slam dunk! PArks would open back up, getting into the streaming game, live sports etc. I made a lot more money in covid with complete trash companies but the juggernaut DIS I chose to hold was a wet fart

Chef Elko said:

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Yeah it seemed like a slam dunk! PArks would open back up, getting into the streaming game, live sports etc. I made a lot more money in covid with complete trash companies but the juggernaut DIS I chose to hold was a wet fart

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My $100 covered calls will liquidate my DIS stock holding, but I also bought some $110 speculative calls for a buck that were over $6 (now down to $5ish) this morning. Gonna start liquidating them today.

Moy said:

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Heineken-Ashi said:

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What's your stop at?

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Set at 14.125, based on protecting my earnings, but was going to move it down if you thought the retracement was lower.

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This is why diagonals suck. The retracements "can" be deep. They swing back and forth and shake the tree from both sides. My stop is at the September low. I protected my position by selling calls on Tuesday and buying some weekly puts that were at the money. Closed the puts this morning for 2x. Might buy back some of the calls soon.

But this is always where it comes down to personal strategy. I have 200 shares put to me at $17 earlier this year. Bought 300 more at $11.27 a couple months ago. Blended basis is around $13. But after earned premium and some successful put scalps over the months, my total basis is under $10. So my stop is the $8 low.

I want to be bullish on this. I've been talking about it for a long time, and they have been one of the most successful miners growing their HODL in huge ways. But they are just like all the others. They use BTC bulls to accumulate leverage and/or dilute their equity. And it doesn't excite me that the stock hit its head on the downtrend line in log mode dating back to April.

Prog...are you reading any whispers on POWL for the upcoming earnings next week? I got out too early (with a profit) and have been looking to get back in. This time for a long term hold. They seem to be dropping prior to earnings as they have in past.

COPX is at a great spot. Buy with stop at $38 and target $55-$60. This play is a 6-9 month play.

7% stop loss risk
35-45% profit return potential.
4-5x R/R