Market Overview

  • Premarket Down
  • BTC Down
  • Gold Up
  • Bonds Down
  • Vix Up
  • AMZN ER Today
  • Durable Goods Orders Data at 8:30 AM

Flags from Wednesday

B2-JD Down by 0.81%
R-HD Down by 0.11%
R2-OKTA Up by 0.76%
Short-JD short Up by 0.81%

Extra
HVBTF:
More digging....lesser hope in the Short Term.
There is no clue if the company is mining the coins at the moment.
It doesn't seem like it.
Good news: Not losing money as no cost.
Bad news: Coin inventories are not increasing while BTC and ETH are going up.

 It's all about the timing!!!
Let's just recap.....

 Best scenario(was supposed to) was:
On Monday, without halt, the system would indicate the 20 day top for HVBTF as BTC was hit YTD High.
Everyone could take the profit and get back in yesterday.

 Now we are all stuck with larger stacks.

 This mess set to schedule to be resolved in 4 months.
What is this mean?
Uncertainty for up to 4 months.

 I never thought this would happen but the stock could go down to 100 day low at 23 cents.

 So here's option:
1. Reduce current holdings and add back in at 23 cents.
2. Sell all and sideline.
3. Hold for LONG LONG LONG.

 I am keeping my LONG position but seriously considering to take loss on current swing holdings.

Short Flag: When short fails, it usually leads to a big bounce followed by a Rally. I consider this as an opportunity for a bonus day trade.