acestocksplayer
DECEMBER  2019  

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ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
Well, here we are entering the month of December....  ÃƒÆ’¢Ââ€¡ ÃƒÆ’¢Ââ€ž  ÃƒÆ’¢Å“³

And historically, this has proven to be the BEST month for investors and traders over the years....we even give it a name: "The Santa Claus Rally!"

But in 2018, the month of December proved to be the exact opposite....at least right up until Christmas Eve as markets plunged....

The main reason for that plunge was fear of higher tariffs with China and no end to the trade war....

Here we are a year later and those same worries still persist, but many traders believe this time that there will be at least a mild "phase 1" deal announced shortly....but we were told to expect that two or three weeks ago, and still, there is no deal! Also, we have the threat of more tariffs kicking in on popular consumer electronics on December 15th if there is no deal very soon!

As I say, December use to have the best track record for bullish gains, but in the previous 4 years, that has changed...December has averaged a 2.0% loss in December and has been up only 50% of the time....making it the WORSE month of the year for total return if looking at the previous 4 years! And the 2nd worse month for the percentage of times it finished higher than where it started....so, a word of caution to those who blindly say let's go very long because the Santa Claus rally is due....actually, it appears to me that the month of November has already seen Santa's arrival....but he may not be able to hang around for long in December....use caution, is what I am saying. 

One feature that StockCharts members enjoy is to see the seasonality chart on most stock symbols or indexes, including the S&P 500...and as the link shows below, the SPX    

http://stockcharts.com/freecharts/seasonality.php?symbol=%24SPX      ÃƒÂ°Ã…¸ËœÂ³
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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Littleshark
Read CBD is now a drug article on Cannabis board ...
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Littleshark
http://UPDATE: Companies' core earnings are more crazily distorted than investors realize, and that puts stocks at risk Today 9:58 AM ET (MarketWatch) < ,,, AVGO $316.21 -0.70% LIN $206.21 +0.10% NOC $351.77 +0.06% STZ $186.06 +0.17% STZ.B $187.00 0.00% ... market risk info stuff ...
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Littleshark
Saturday 11-30-2019:

> Oil Slides as Oversupply Fears Resurface -- Update November 29, 2019 (Dow Jones)

> Correct: Natural Gas Tumbles 22 Cents, or 8.8%, to $2.281/mmBtuNovember 29, 2019 (Dow Jones) ... 
http://schrts.co/GghQefJI UNG ...

> Natural Gas Continues Slide on Worries About Excess SupplyNovember 29, 2019 (Dow Jones)

> Oil Slides on New Fears of Oversupply After ThanksgivingNovember 29, 2019 (Dow Jones) < ...
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Littleshark
What is http://schrts.co/dqxqSPah FCAU going to do on Monday > http://UAW Reaches Tentative Labor Deal With Fiat Chrysler Today 11:27 AM ET (Dow Jones) < ... can one wait and hop on for gains ? ... up to you ...
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umunver

HSBC Shifts Records To Blockchain To Track $20 Billion Of Assets

 
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX






    

Automakers Offer Record Incentive Spending As Trillion Dollar Auto Bubble Becomes Unsustainable 

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umunver





    

China's factory activity unexpectedly returns to growth in November

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umunver


https://www.zerohedge.com/political/china-adopts-malicious-cybersecurity-rules?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
  

            China Adopts Malicious "Cybersecurity" Rules


Beijing's complete visibility into the networks of foreign companies will have extremely disadvantageous consequences, Dickinson notes.

First, Chinese officials will be permitted, under Chinese law, to share seized information with state enterprisesThis means the enterprises will be able to use that information against their foreign competitors.

Second, China's new rules will almost certainly result in foreign companies losing trade secret protection around the world. A trade secret loses its status as such when it is widely disclosed. Once a company allows such a secret to be carried on its Chinese network, the company has to assume Beijing will know it. "Since no company can reasonably assume its trade secrets will remain secret once transmitted into China over a Chinese controlled network, they are at great risk of having their trade secret protections outside China evaporating as well," writes Dickinson.

Third, China's cybersecurity program exposes companies to penalties for violating U.S. tech-export legislation. Businesses have assumed that technology covered by U.S. export prohibitions is not "exported" if it is kept on a Chinese network protected by end-to-end encryption, in other words, not available to Chinese authorities. Because companies will no longer be permitted to encrypt data end-to-end, they will almost certainly be considered as violating U.S. rules for tech stored on a network in China.

 

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Littleshark
HEY Ace ! ...

you said: 7-17-2019 am ,,, Saving some Ace stuff ... > acestocksplayer 6 hours ago A NEW CHINESE IPO BEGINS TRADING ON WEDNESDAY.... It's China's largest streaming games vendor....and backed by TenCent.....however, the IPO got a lukewarm reception on Tuesday as it priced in the lowest part of it's IPO price range, most likely caused by a cooling off in Chinese stocks following Trump's latest comments.... The symbol is DOYU. < ... ...
 
DOYU http://schrts.co/zJXcUdKD is basing now and has formed a bullish bias ascending triangle ='s pattern odds say watch price break out up next as lower  support line holds ... Friday Dec.6 should be the 2nd candle of a 3 Candlestick Reversal(3CR) pattern and a buy me day & Monday Dec.9 should be the 3rd candle and the price pop day ...

... check your own charts if interested ...

p.s. Ace ,,, also on 7-17-2019 ,,, you said: acestocksplayer 6 hours ago · Edited ROKU.....another Ascending Triangle Breakout I missed the latest bounce off the Ascending Triangle support line which ran right into the rising 50 day line...a firm trading rule as established by IBD a number of years ago is to enter the trade on the first bounce off a 50 day line after a major base breakout, such as a cup-base....and sure enough, the price tagged the 50 day line at $87.34 in early July....coincidentally, the Long Term UP-Trend line also coincided with the 50 MA on that day....the Up-Trend line supports the series of Ascending Triangles on this chart..... ...

DOYU has the ascending triangle in play now as per above chart ... so let's speculate that Monday price pops above the http://schrts.co/RNTzzJxh 50ma (MACD buy me signal was on Nov.25 ~ blue bars positive momentum since above zero line & sell volume smaller then buy volume ~ draw in the ascending triangle lower line under price as the support line) and comes down to test the 50ma as support (50ma is not rising though as in what you wrote on 7-17-2019) by Friday & then Monday Dec.9 price breaks out up from the 50 line as the 3rd candle of the 3CR ... if any of that happens ~ when would you buy it ? ,,, having the white space now plotted out in advance ,,, instead of in hindsight ... i.e. buying the reversal day 8-26 gave a 20% gain at $10.00 ,,, but buying the break out day 8-29 gave only a 10% gain at $10.00 ...

which buy held the most risk on buy me day ? ... 8-26 stop loss could have been set at the 8-23 day low 7.86 - .01 ='s 7.85 stop loss X 1.05 ='s 8.24 so any entry on 8-26 at 8.24 or below would have had only 5% loss risk to the stop loss v/s 20% reward ... what would the stop loss be if buy on break out day 8-29 ? (less then 5% ?) v/s 10% reward ... ,,, ... just an example of how my trading plan calculates risk/reward potential odds ... buying the reversal day always gives the best reward % ,,, and i argue it also gives the least risk since can contain risk to 5% and the momentum is up on reversal day so low odds of the stop loss getting hit soon anyway ...
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CMAC38
https://www.forbes.com/sites/panosmourdoukoutas/2019/10/31/china-is-heading-for-a-long-growth-recession-not-because-of-the-trade-war/#3eb78131649c
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Littleshark


CMAC ,,, I was born in 1950 ,,, 😂 when i look at the people looking at the smart phones in the picture ,,, it hit me that it looks like a "zombie" culture that a 1960's future fantasy movie may have been based on ...

I wonder what effect it has on China that they had the one child policy for decades ? ~ i.e. none of those Chinese children know what it is like to have brothers or sisters (that is not the normal for the human race !) ... how does that effect their thought process & the culture of the country ? ...
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Littleshark
Guys ,,, about once a month i go to the last page of my Littleshark Home board & again read all the saved advice posts from cmac - Old Mal - SK - Ace - Sam - etc. ,,, so I don't forget what they taught !!!

Start at March 8 post just below my saved charts & work your way down ... I bet you will learn something new ~ or at least recall something you forgot !!!
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CMAC38
Littleshark, good point about China and it's changing culture.
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umunver




     
18,103 viewsOct 31, 2019, 08:24pm

China Is Heading For A Long Growth Recession, Not Because Of The Trade War

That’s why bridges to nowhere undermine the country’s productivity and economic growth. “To accumulate wealth, a country needs to increase its productivity—a measure that has actually dropped in China over the last decade,” says Beckley. “Practically all of China’s GDP growth has resulted from the government’s pumping capital into the economy. Subtract government stimulus spending, some economists argue, and China’s economy may not be growing at all. “ 

Meanwhile, China has been building factories that practically duplicate each other, churning out similar products and engaged in a price war that eliminates profits—the fuel of capitalist production and capital accumulation.

Then there’s China’s building of “ghost cities,” owned by the country’s new landlord class. They deprive its young citizens of a place to live and raise a family, as was discussed in previous pieces here.

The bottom line: In the post Great Recession era, China is destroying rather than creating wealth, and that is expected to take its toll in the country’s economic growth for years to come.

 
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CMAC38
Facial recognition in China.

https://news.yahoo.com/china-introduces-mandatory-face-scans-phone-users-091042257.html
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acestocksplayer
Littleshark wrote:
HEY Ace ! ...

you said: 7-17-2019 am ,,, Saving some Ace stuff ... > acestocksplayer 6 hours ago A NEW CHINESE IPO BEGINS TRADING ON WEDNESDAY.... It's China's largest streaming games vendor....and backed by TenCent.....however, the IPO got a lukewarm reception on Tuesday as it priced in the lowest part of it's IPO price range, most likely caused by a cooling off in Chinese stocks following Trump's latest comments.... The symbol is DOYU. < ... ...
 
DOYU http://schrts.co/zJXcUdKD is basing now and has formed a bullish bias ascending triangle ='s pattern odds say watch price break out up next as lower  support line holds ... Friday Dec.6 should be the 2nd candle of a 3 Candlestick Reversal(3CR) pattern and a buy me day & Monday Dec.9 should be the 3rd candle and the price pop day ...

... check your own charts if interested ...

p.s. Ace ,,, also on 7-17-2019 ,,, you said: acestocksplayer 6 hours ago · Edited ROKU.....another Ascending Triangle Breakout I missed the latest bounce off the Ascending Triangle support line which ran right into the rising 50 day line...a firm trading rule as established by IBD a number of years ago is to enter the trade on the first bounce off a 50 day line after a major base breakout, such as a cup-base....and sure enough, the price tagged the 50 day line at $87.34 in early July....coincidentally, the Long Term UP-Trend line also coincided with the 50 MA on that day....the Up-Trend line supports the series of Ascending Triangles on this chart..... ...

DOYU has the ascending triangle in play now as per above chart ... so let's speculate that Monday price pops above the http://schrts.co/RNTzzJxh 50ma (MACD buy me signal was on Nov.25 ~ blue bars positive momentum since above zero line & sell volume smaller then buy volume ~ draw in the ascending triangle lower line under price as the support line) and comes down to test the 50ma as support (50ma is not rising though as in what you wrote on 7-17-2019) by Friday & then Monday Dec.9 price breaks out up from the 50 line as the 3rd candle of the 3CR ... if any of that happens ~ when would you buy it ? ,,, having the white space now plotted out in advance ,,, instead of in hindsight ... i.e. buying the reversal day 8-26 gave a 20% gain at $10.00 ,,, but buying the break out day 8-29 gave only a 10% gain at $10.00 ...

which buy held the most risk on buy me day ? ... 8-26 stop loss could have been set at the 8-23 day low 7.86 - .01 ='s 7.85 stop loss X 1.05 ='s 8.24 so any entry on 8-26 at 8.24 or below would have had only 5% loss risk to the stop loss v/s 20% reward ... what would the stop loss be if buy on break out day 8-29 ? (less then 5% ?) v/s 10% reward ... ,,, ... just an example of how my trading plan calculates risk/reward potential odds ... buying the reversal day always gives the best reward % ,,, and i argue it also gives the least risk since can contain risk to 5% and the momentum is up on reversal day so low odds of the stop loss getting hit soon anyway ...



Wow! Shark, I nearly forgot about DOYU....but you are right about that set-up....I need to put that one back on my radar!  As for ROKU, no surprise there, but that first bounce off the 50 day line has been proven over and over again, at least with the big name stocks....I am not sure how that works as well with the penny stocks, but certainly works with the big name ones! I can show you numerous examples of how that works....

Forgive me, but I am switching internet routers and WiFi tonight, and having some technical issues....I hope to be able to get back on, but it took me two hours here tonight just to get back on...but I have to disconnect again because I am trying to pull off an old router that is not really suppose to be there! 
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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Littleshark
Sunday night 12-01-2019:
Asia markets open up ... > http://Asian markets rise after surprise gain in China's factory activity 11:32 pm ET (MarketWatch) < ...
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Littleshark
Monday 12-02-2019:

Stock futures were up pre-market on China Manufacturing better numbers ...

but Markets are red now 40 minutes after the open ,,, on construction spending down & ISM Manufacturing Index down & > http://U.S. Stocks Fall on Fresh Trade Tensions 10:06 am ET (Dow Jones) < ...
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acestocksplayer
UVXY profits....   🤩

I sold the 2 calls bought Friday afternoon for a $124 profit....paid 93 cents a share and sold at $1.55 each. 
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
NVAX....

I announced this new buy on Friday on the penny board....

Up over 9% and no longer a sub-$5 stock....last trade at $5.30.
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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Littleshark
ROKU in top ten losers list down -17% today ...
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Littleshark
NVAX....

I announced this new buy on Friday on the penny board....

Up over 9% and no longer a sub-$5 stock....last trade at $5.30.


http://schrts.co/tWSePcSs NVAX ...
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tja1
Viola! Sold 200 (2k presplit) $69, for $1200 gain. Sitting tight on my SPXU and SQQQ + 200 tvix @63
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tja1
Anyone see Feb 2018 again? VIX is crushing short vol positions, will get very ugly AH if markets stay here. 
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