@JayTaylorMedia Orrrrr the market is reacting to the timeline for Nasdaq listing being pushed from July to “Fall”, stacked on top of growing impatience for gas plant deal to be finalized
Might this be a Great buying opportunity to Buy HydroGraph Clean Power? With HG getting hit so hard right after Kjirstin Breure presented the HydroGraph story at the Annual Needham Technology conference on May 12, I suggested to friend who should know as well as anyone, that perhaps Needham, a market maker, may have shorted HydroGraph in order to pick up shares at a lower price.
My friend came back to me with this response: "I think that you nailed it! Their strategy was to use the volatile CSE market to drive shares down then pick them up cheap by covering their short positions."
HGRAF fell ~10.7% starting at about 3:15 pm in New York on 5/13 then got taken down trashed on really heavy volume on 5/14 when they bottomed at US $4.66.
Thankfully the bleeding has stopped with shares trading at US$4.79 close to noon in New York today.
Never know for sure but this may be may be one of the last good entry points before the company starts announcing some contracts. Time will tell.
@RockBtmEntries@MLPotash Still holding my bags and in on the long term narrative. But god damn the chart looks ugly. Just crushed right through key supports
$MLP.v @MLPotash
~50% retracement off highs
Recent disclosed developments (DFC financing, Gabon support, upcoming drilling) suggest the broader story continues to strengthen, despite weak action.
Peter Lynch
"The key to making money in stocks is not to get scared out of them."
After this sell-off, quite a few stocks are likely near their bottoms. This creates an opportunity to buy-to-the-bottom. You buy here, and then you buy again if it goes lower (at the next target price).
Here is a list of buy-to-the-bottom candidates, along with my conviction (9 being the best risk-reward, and 5 the worst risk-reward).
Tell us which stock is not on this list, along with your buy-to-the-bottom target. 😉
One of the biggest “tells” as to whether a new formula is a banger, is if I can keep the samples from getting munched by my household. In the case of @korrectlife Energy… I literally had to hide the supply…from my wife 😅
@tferriss@bryan_johnson Dark chocolate is a health food, but we need to mindful of heavy metals
Olive oil is a health food, but we need to be picky about our source
Prioritize sleep over everything. If we do sacrifice sleep it better be for some damn good social fun. And ensure to enjoy it.
@DonDurrett Will the stock crash you are expecting in 2025 hit silver miners? Are you holding some cash positions to buy a silver miners dip or are you already loaded up?
Mid-Week Macro
1) The S&P has shown a bit of softness this week, closing today at 5956, and below the bullish 6000 level. This does not mean the uptrend is over. We will need a few weeks to find out that answer. The weakness in the S&P brought down the 10-Year rate to 4.27%. That is quite a drop from only a week ago, pointing to concern about softness in the economy.
2) Gold followed the S&P lower, closing at $2913 today. The miners remained soft, with the HUI at 322, and silver is below $32. All the bullish talk of silver breaking out has calmed down. My thesis continues to play out: we are going to need the 15-year bull market on Wall St to end before silver and the miners break out into an extended bull market.
3) The DXY has been sticky and closed today at 106. It didn’t come down with the 10-Year rate. How is Trump going to get it lower? Oil was also soft, closing at $68, pointing to economic softness. Bitcoin crashed to $84. What is that telling us? Liquidity issues on Wall St?
4) Which way is the S&P heading in March? Back up or trending down? Nobody knows, but the Trump tariffs are headwinds for the market. March could set the tone for the rest of the year, especially H1. Where will the S&P finish March? By mid-March we should have a clearer picture. I’m still expecting a crash in stocks at some point in 2025, which could begin at any moment.