This sector has been under pressure and appears to be bottoming but I am still guessing. Odds are high that the industry will require a base building chart period. Continue reading →

One hour chart from Sept 7 to present

WonderFi (WONDF)* $1.98 Continue reading →

On Tuesday in an email, I wrote:

• Friday is a low participation day. You might consider removing stop loss orders on illiquid stocks. It is easy for those of us without a life away from the market to push prices down, trigger stop losses and buy into the cheaper price. This happens more than people remember on “Good” Friday.
• Friday is a “good” day if you are in illiquid stocks to check prices occasionally to see if “Your” favorite illiquid stock is offering a Black Friday sale price. I have picked up some very good prices on Black Friday while everyone is playing or if in Wisconsin – Deer Hunting.

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Hi Everyone,
I’d like to share with you a comment at Briefing.com and another from Kitco News, concerning money movement in the market and LOTM strategy. Continue reading →

I would like to share something with you that has more impact on you through example, rather than intellectual discussion.

• I’d like you to look at the cost of each of the stocks below – cost meaning the dollars invested not the price. Note that I have stayed around $1000 for each one. So simple question for you. How much could I lose in each purchase? Answer is obvious – $1000 or my total investment, right? So that is my maximum stop loss – 100% of that position. If I choose to have a tighter stop-loss, you could choose a 50% stop-loss or 30% or perhaps a fundamental reason that changed from the time you originally bought. Limited losses. No matter what.
• So – about the winners. Let your winners run right? You have heard it many times. Below is a visual of what it can look like. The one winner we closed out completely and did not return to, Anteros Resources (AR), would have continued winning – if we had not closed it out. We bought AR at $2.96 – sold it at $13.75 – but today it is $19.36. We did not follow the adage, “Let Your Winners Run” fully. We never know how high the price can go. Another way to think of this is to Allow Yourself to get LUCKY!

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LOTM first brought StoneCo (STNE) to readers on October 24, 2120, as a high performing company that ran into to temporary problem that collapsed the stock price. Since then, the share price has retested the lows and gone lower than the recent October low. However, the internal momentum indicators say to us that the emotional bottom was the first October drop and the second November low is the beginning of the real bottom. Watch for a price crossing the 50-day moving average for price confirmation. Continue reading →

There are more than few people in and out of the mining industry calling for silver to be the best performing commodity over the next two to five years. I thought it worthwhile to reprint a list of silver companies by a third party that they are highlighting. Continue reading →

Within the Q3 earnings video release linked here, including the October update, management projected their Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) “run rate” numbers for early Q1 2022 and early Q4 2022. Continue reading →