Recently, I’ve been playing breakouts as many companies have formed strong bases. I got in late here and actually entered after the break out but the stock had legs and I rode the momentum. As of 8:00am PST however, the market looks weak and I’d rather just take profits. As of this posting the stock has jumped to 6.24.
Heres a chart

3 Plays
NVAX - Vaccine related - up from .81 to 3.00 from last Friday to as of this post, I was going to get in this morning at 1.9 when I saw after hours but it opened at 3.41.

BCRX - Vaccine related - up from 1.73 to 3.95 from last Friday to as of this post, I wasnt planning on playing this since the CEO said the vaccine was only in preliminary stages and not ready but the news is driving this big

APT - Mask related - up from 1.25 to 1.8 from last Friday to as of this post, was considering getting in based on volume.

I think all 3 of these are big movers, unfortunately the biggest move came today and I wasnt able to get in at a decent price.

took a 4 percent profit i may get back in tomorrow as the stock is below 9 now.

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This goes against traditional technical analysis as the ETF is 60 cents off of its 52 week low and has lost 80 percent of its value in the past 2 months. I’m basing my decision to enter on the chart which appears that everytime the ETF hits the 52 week low, there is 1 or 2 days of sideways action, a reversal to a higher position than the previous 2 days and then ultimately another 52 week low. I’m just waiting for the reversal and will get out immediate after.

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If you’re looking for CD rates look at both what’s available locally and at the online bank rates. Just be sure to read the terms and service the same you would with credit cards and always make sure you know what the early withdrawal penalty is on your CD.

I have been gone the past half year not at my own volition but because of my job. I wont go into details but I sure am glad it is over and so I can go back to trying to time this market.

I have been in and out of FAZ and FAS over the past couple of months trying to time the swings. FAZ is a 3x ETF financial bear meaning it is 3x inverse financial stocks including insurance, banking, investment banking etc. while FAS is just the opposite. These are extremely high beta ETFs which I don’t recommend many people invest in. However, trading could result in short-term profitability as one tries to time financial/economic reports, earnings and government stimulus/bail out packages. I actually have a losing record in the number of winners and losers in trading these guys but an overall profitability because I cut my losses short.

Good to be back and what a time to be back.




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