Hey folks. I'm very active on Twitter. If you want to catch most of my alerts follow me here on my Twitter page. I've been short the Dow Jones index from near this top for a couple days and just closed out my TVIX trade for a nice gain. Planet Fitness PLNT crushed the top and bottom line the other day in their earnings report. We hit an all-time high of $25 a share. I continue to hold as I have for years now. I bought the IPO in 2015 and have written a lot about it on StockPursuit.com. Tech stocks have some top formations going. AMZN is pretty scary and NVDA looks topped out to. This doesn't seem to be a top in the market yet but it well could be, atleast short-term. I'm hedged some with DXD. I am looking for an inverted yield curve as a recession, market top signal.
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For position trades for a long time frame I like these two tech companies. One is a recent IPO SGH. They are a large tech company in Brasil. Good fundamentals and cheap growth. Something not easy to find in tech. GSB is a much smaller company. Their market cap is around 100 mil. The have a trailing PE multiple of 27. That might seem high but earnings are expected to grow 25% to .29 per share giving it a forward PE of around 18 at current prices. That is definitely growth at a reasonable price. My favorite thing about GSB is that they pay a dividend. The current yield is 1%. The chart is a bullish five year breakout.
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Hey folks! I'd like to show you this stock I've been watching DRNG. This is one of the more predictable patterns lately. Think ECGR that I alerted on Twitter. DRNG may continue running more days, the play is to wait for the 40% or so drop and buy the bottom bounce. I'm going to continue watching this one closely. Follow my Twitter for frequent updates.
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You've got to follow my Twitter account. I just alerted ZG and SINO yesterday. Today Zillow ZG the housing website is up over 10% and hitting fresh 52 week highs!
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Citron Research just put an article out on FLT. This bearish report coupled with the technical analysis presents a nice short setup. A break below 141 a share is a great short. There is a lot of support in that area. Its a rounding top formation as well.


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I've been adding to my ETF QID here lately as the nasdaq is having trouble continuing higher. The nasdaq is beginning to look like the rest of the major indices. I'm mostly doing this just to hedge my long-term positions. I'd rather buy some protection against for a major market correction than sell holdings.
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I traded CLRB long off the triangle flag for a nice gain. I still have GDXJ long undersized. I took a loss on URG. I like RF XLF and MRCY long. RF is a financial that usually is high beta. It just hit a new 52 week high. Xlf should be next.
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Uranium continues to breakout along with miners and gold. I longed URG and GDXJ and JNUG.
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I sold CSBR the other day for a 30% gain. I just nibbled on TNXP long at .62. Neuralstem (CUR) is a great long-term short here. They just did another reverse split. I know this one from the past as a Lebed pump. It looks like a chronic reverse splitter. AXIM went $.50 to $10 and looks like it is not going to stop. It looks like a great short eventually to.
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TAL is a great short on 70 break of support. I have CSBR on long
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I stopped out of AMPE and ATI for losses. ATI put up a nasty failed breakout. It might become a great failed signal. So short could be the way to go with it. I'm just gonna leave it alone here. I prefer stocks priced $1-$12. I find them the most predictable. Today I picked up GST and CSBR. I have been short XLF with FAZ for a couple days now. GST is an oil stock and it runs with crude. Both ramped nicely today.
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The bull market is still in full force as I was talking about on StockPursuit.com. I'm long ATI from the 18.50s. It's still good here. It's a steel stock that hasn't really run yet. CMLS is one I'm keeping an eye on and my watchlist for Monday is LEI AMPE APTO FAS.
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