Official Short-term Investments Thread

[SilverRex]

Natgas

finally has tested the Nov 2016 low around 2.37 (now 2.4) opening a small position here after seeing a mini 5 up and 3 down. With oil in retreat, expecting some good moves in natgas space.

[Misterman]

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Natgas

finally has tested the Nov 2016 low around 2.37 (now 2.4) opening a small position here after seeing a mini 5 up and 3 down. With oil in retreat, expecting some good moves in natgas space.

Chasing pretty small gains with this play? Natgas is a weird one, the amount of demand being driven up for it should also drive some hype, which in turn drives the price up. But there is just so much damn supply the price just sits on the floor and has very small swings. I'd be interested to play with some Options on gas to try and make some big returns.

[SilverRex]

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Chasing pretty small gains with this play? Natgas is a weird one, the amount of demand being driven up for it should also drive some hype, which in turn drives the price up. But there is just so much damn supply the price just sits on the floor and has very small swings. I'd be interested to play with some Options on gas to try and make some big returns.

Natgas is quite volatile and I doubt I have the skill to pick the precise bottom so I always like to start small. I will scale in further if natgas gives us a new low.

[ThePenIsMightier]

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Chasing pretty small gains with this play? Natgas is a weird one, the amount of demand being driven up for it should also drive some hype, which in turn drives the price up. But there is just so much damn supply the price just sits on the floor and has very small swings. I'd be interested to play with some Options on gas to try and make some big returns.

Natural gas literally went negative near August of last year, didn't it? I recall checking its price on AECO.

[Misterman]

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Natural gas literally went negative near August of last year, didn't it? I recall checking its price on AECO.

I used to follow it more frequently when you could rely on the usual swings of down in spring, up in fall, trended perfectly with usage rates. Now it's kind of all over the map. I know a guy that lost everything from the fund he managed(5 million) on a short play before spring. Trade commission had to step in and freeze everything. Kind of scared me off of it even though it was a very bold and risky play I would never make. Now I just spot the price on the side bar of BNN.

[SilverRex]

Gold/PMs

likely wave 1 top is in. Will see how much the miners can drop so I can buyback and get into position for the next move up
edit: sold the rest of my Jnug. Will buy back lower

[jacky4566]

Been having really good luck swing trading CURA and OGI. They are so predictable these days. Got my beer AND gas money for the weekend!

[SilverRex]

Gold

waiting for gold to break below 1333 this morning so that it looks like a 5 down and 3 up count since topping out yesterday at 1344. I want to see a good correction so I could buy back my position after selling all my leverage play.

NBEV

has hit a target zone for me on this decline. Restarting one position here.

NIO

the drop has hit the A=C target area zone. I sold in the 4.6x area after it wasnt doing anything. Buying back here for a LT hold.

[SilverRex]

doubling my NIO position here. with the amount of volume this thing gets, I'm looking for a good short squeeze (similar to TSLA)

[Sugarphreak]

...

[D'z Nutz]

Jesus Christ, BYND up $33 and climbing

[rx7boi]

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Jesus Christ, BYND up $33 and climbing

Avatar extra relevant in this case haha.

I've been wanting to get in on a couple REIT's like Inovalis and NWH. Also got a couple of picks on my watchlist.

Can't a recession come already?! Raise them interest rates!

[O&G]

Bynd either goes to 200 or it crashes hard. Crazy

[SilverRex]

Weed stocks

TLRY/CRON both are looking good, especially TLRY already coming off the bottom impulsively to the upside which may suggest, the bottom could be in for this sector. buckle your seat belts.

[SilverRex]

NBEV

strong rally off the expect target zone in the 4.3s, however until we see 5 waves up, not out of the woods yet, but so far so good.

Gold/PMs

Expecting gold wave 2 to land some where between 1310-1320. After selling JNUG last week, scaling back in with a position here. Will add more the further she drops.

NIO

looks like we have a mini 5 wave off the low, so long it does not break below 2.55, im expecting the next good move to be to the upside.

[rx7boi]

I bit the bullet and took a small position in $SHOP. I've been waiting a while for a sizeable dip but they've always been fairly small before moving up and onwards.

[suntan]

I bought SHOP at $70. Fuck me in the face, because I sold at around $80.

[Disoblige]

BYND gonna pull a TLRY and go $300 and bust? lol.

[Misterman]

Well I'm into UGAZ today after looking at it. Hope I don't have to sit on it till fall.

[Disoblige]

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Well I'm into UGAZ today after looking at it. Hope I don't have to sit on it till fall.

Eek.. Holding a 3x leverage ETF for that long...