Speculative Swings: a Bull is Born: SPCE DKNG LABU and...

I still expect a correction soon, but in the meantime I'm starting a 'pivot portfolio'.

Today I bought a bit of:

CGC
DKNG
LABU
MARA
TLRY

 

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LABU looking good/SPXL, upro, tecl, some spxs also. SPYG + TQQQ looking stong but like profits every now + then.......................................................... Polar Bears ripped soxs again, but they have to eat something

 

What is a pivot portfolio ?

 

where he loses all the money he made shorting by buying weak stocks.

 

Look at the 2day or 1yr charts, they are heading up. Good risk reward imo

 

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Jim Cramer/The Street noted JPM note'' equity market sell off is oVerdone''
Do tell, JPM finally did some chart study??

 

These up and down moves look to last at most 3-5 days before reversing, wouldn't be surprised to see 3days bear move starting later this week.

So daytrading and short term swings seems to be the best strategy. Challenging markets.

 

I see why you like LABU. It's on a huge dip but be careful, biotech is treacherous. Doing some bottom fishing myself last week, it came down between that one and WEBL, the internet 3x leveraged ETF. The latter is also on a massive dip (even more so than most other leveraged ETFs this round) and, I think, will be an easier ride back up than LABU. I went all in on it in my TDA swing trading account.

 

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Slightly down on spxs trade overall ;
took profits on spxl, upro,TECL, TWM. Still smaller position [than spxl,upro]on sso /profits rideSurprized FB did not effect TECL more, but thats life.
Look$ like duck duck go is eating FB + good feast/LOL

 

Pot stocks + today

Bought CGC TLRY ACB SNDL

Plus MARA PYPL SPCE DKNG