Good morning,

IWM is challenging 2023 highs which is a great sign after what feels like a few years of chop. I think we’ll be in store for a nice trend in 2024 and am looking forward to swing trading small caps again soon. Been a long time since there’s been excitement in small caps, that’s for sure. I think this is here to stay as we look at a soft landing and rates coming down in 2024. 

I’m adding $150 COIN puts this morning looking for a pullback to below $140. It’s overbought and despite going higher, momentum is fading. If it’s trading above $160 I’ll look to move on from this idea.

LQMT is trading actively this morning. Someone is soaking up a few million shares already which is high volume. I saw a similar tape (level II) just before the CEO announced buying about a million shares. In that time frame the stock doubled. I’ve been looking for $.10-$.20 on this soon and this action could be an indication it’s coming. I’ll have detailed notes on what I’ve been reading up on here later today. I’m long-term at $.091 here. I adjust my size up and down on a big core position without notice. And now we have another catalyst which is the speculation of MOVE being bought out. Not sure if you saw the news about Apple’s iWatch sales halting in a few days but this is a new and interesting angle for LQMT stock. I think this could be getting close to an exit for me, ideally on a big, liquid move to the upside in 2024. 

The call options trade idea on CVNA is smashing it! That short squeeze is in full effect here on the breakout. But it’s getting extended so short call vertical makes more sense now trying to catch a stall in the price advance. 

It’s full bull into the end of the year guys and gals. Join me in the chat room (OPEN TO ALL) and we’ll talk through the trades live.

Not a subscriber?

Get the trade alerts delivered to your smartphone moments before I buy and sell. Learn in real time. Trade with our community. Learn more here.

Questions or concerns about our products? Email [email protected] 

© Copyright 2022, RagingBull

DISCLAIMER: To more fully understand any Ragingbull.com, LLC (“RagingBull”) subscription, website, application or other service (“Services”), please review our full disclaimer located at https://ragingbull.com/disclaimer.

*Sponsored content: We’re a proud affiliate for Vinovest, meaning if you click a link for a product or service, we may earn a commission at no extra cost to you. We believe in the companies we form affiliate relationships with, but please don’t spend any money on these products or services unless you believe they will help you achieve your goals.

FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision.

RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers’ trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment.

RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor(IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization.

WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication.

RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled.



Leave your comment

Skip to content