BOIL and UCO - going on runs - Market update - 10-6-22

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Great discussion on YouTube live yesterday about trading psychology, when to get out … and great questions about how much of my portfolio I trade - 40 40 20

From tradingchik on Twitter

Most people overcomplicate trading. It’s really not that difficult

1. Decide what kind of trader you want to be

2. Build a strategy for your style

3. Develop a trade plan with rules

4. Start small and journal trades

5. Scale up as you establish confidence in your trading

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Costco after sept sales announcement - sales up 10% year over year - the weakest segment is e-commerce

Snowflake back to $180

Ford, $F, increasing the price of its 2023 F-150 Lightning Pro by 11% due to "ongoing supply chain" issues.

Tops

Fnger

$sjim and $Jim have been filed to do inverse Cramer ….

Alb - lithium play - Tom and Rose

Pdbc with the dividend… 5 year chart

Et and envx for Corey on Instagram

Boil vs uco

White House considering easing sanctions on Venezuelan oil which is cvx

Pton ceo says they have 6 months to see if the plan they have for a turnaround can work or not … they are laying off 500 employees and this might be a good gamble … I love the app but I do use it for free

Twitter - 2 sides having problems getting an agreement

Pins is up based on just the valuation of Twtr and upgrade from gs in that they can easily monetize … look at snap

Jobs number tomorrow is the key - Fibonacci is between 3200 and 3500 but if it’s a weak job number we will see the market take off …

Markets were down and then boom … back up … markets want to rally … enjoy it while it’s up …

Cramer is talking about Chips and Banks - SOXL SOXS or XLF - BAC - GS - JPM - C WFC

SCANS

NKE - fill the gap?