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Trading Blotter for Trade Exchange The trading blotter will be calculated for all of 2020 and reported here. So far, I have had 20 completed trades at TE. There were 12 Gold & Silver Miners and 8 Biotechs. You may be shocked at my performance. I know I was. All 20 completed trades were winners. Average % Return = +30.72%. Average Calendar Days held per trade = 35. I also have 36 open positions. There are 25 Miners and 11 Biotech. Of the Biotechs, 5 of the 11 open positions are winners and 6 are losers. That doesn’t sound great;… Read more »
baz22
December 3, 2020 6:07 pm
Pfizer/BioNTech can only ship 50 million, not 100 million this year.
Wonder who gets first dibs ? ..
Pfizer never took money from US …. dollar to a doughnut Moderna review is bumped up…
Vaxart (VXRT) has been quite a ride I first bought VXRT at Trade Exchange along with the following write-up 07/02/2020 1:07 pm Order filled at average fill price of $7.50 Vaxart seeks to discover disruptive pill-form vaccines to protect against norovirus, seasonal flu, respiratory syncytial virus and potentially therapeutic immune-oncology vaccines for cervical cancer Order closed at market at average fill price of $15.44 07/15/2020 9:41 am With that +106% profit in the bag in less than two weeks, I figured on earning another quick score two months later. 09/21/2020 2:17 pm Position opened… Read more »
nat gas down 9%. ” . . represents a net decrease of 1 Bcf from the previous week. Stocks were 343 Bcf higher than last year at this time and 290 Bcf above the five-year average of 3,649 Bcf.” http://ir.eia.gov/ngs/ngs.html
baz22
December 3, 2020 1:39 pm
Knowing the habits of what you pursue will help in the hunt…. just as being grounded in your own habits can lead to one’s own defeat…..
Ah yes, Grasshopper… and a bird in one hand … can lead to a butt kickin’…
Last edited 4 hours ago by baz22
baz22
December 3, 2020 11:31 am
Shaking that Hive gonna start a Riot.. !
Last edited 7 hours ago by baz22
baz22
December 3, 2020 9:47 am
CureVac could surpass BioNTech and Moderna rapidly, in January – February… wholly owned technology.. do believe that on the lockup expiration not all that much selling will exist… but even if profits are locked in, available shares will be purchased immediately ( as with Moderna insider sells ) giving needed liquidity to push higher..
Last edited 8 hours ago by baz22
JimG
December 3, 2020 9:13 am
For all you pharma/biotech buffs, here’s a new website that’ll give you real-time updates on clinical trials across the industry. http://trial-alert.com
Of course you can select 5-10 studies each day or select studies sponsored by the largest market cap publicly traded companies or have them sorted by market cap.
After signing up you can contact [email protected] to get what studies and in what format you choose
If mRNA can synthetically be used to prompt cellular memory to produce virus fighting, neutralizing antibodies , then can it not also be used to program cellular reaction to brain inflammation caused by reaction of the bodies own immune system, that some companies are currently addressing by different mechanisms to fight Alzheimers , Dementia , and other disorders of the brain. Would this not be a wonderfully effective method for addressing the blood/brain barrier issue that has throw up some many obstacles for potential therapies in development today ?
Are China-headquartered companies to be “kicked off Wall Street?” On the surface, one has to wonder why the NYSE and Nasdaq have for so long permitted audit deficiencies among so many listed companies. CNN reported: The House has passed a bill, already approved by the Senate, that would prevent companies that refuse to open their books to US accounting regulators from trading on US stock exchanges, a step that could result in several Chinese firms getting kicked off Wall Street. The regulations would apply to any foreign company, but the bipartisan cosponsors of the legislation specifically said their goal was to… Read more »
Yesterday, after seeing the price of Copper running into resistance at the $3.51 level, I sold 1/4 positions in HudBay (HBM) to assure profits. I also sold a bit of Freeport McMoRan (FCX) for the same reason. It there is a pull-back here, I will be ready to reacquire these positions.
On the other hand, Gold is now on the move higher.
Was somewhat premature in selling some HBM yesterday at US$6.77 when it’s already been trading at US$6.97-US$7.07. But it’s important to never look back. I took a very substantial profit on the shares that were sold. That is not a losing trade.
I hardly touched FCX and the 1/4 position sold in HBM is ok.
I agree that Gold is not entirely out of the doldrums, so I wanted to build some cash to buy in at better prices looking ahead to 2021 than I feel we can get in the Copperminers today.
Both metals ought to be good for many months to come, and both are going to go through periods of volatility.
In private mail and calls yesterday, two notable individuals remarked to me that of all their reading of markets, finance and economics they rate this website superior. Included in their comments were praises for baz22, kaimu, goldbug58, and others.
I am really pleased that this community has come together so well to produce honest and helpful commentary to so many people at no cost.
If we spread the word to our friends and associates, our influence will grow in leaps and bounds.
While trading in the US Dollar and the 10-year US Treasury yield are unremarkable to this point this morning, Gold is trading $9-10/oz higher. It appears that the trend, which had been down since in August, has reversed to the upside from the end of November. However, with strange goings-on in Washington, it must be said that markets are unsettled.
baz22
December 2, 2020 7:16 pm
tZero platform at Overstock will change the way online purchases are made.. it is even SEC regulated…. Overstock started the development of the tZero platform in 2014…
Generally, I like Victor’s articles; in this one I’d wished he had gone back and looked at the period 2011-2015. That was the end of the last bull market and subsequent bear market. Gold peaked at around $1900 in Aug 2011 and reached nadir around $1050 in Dec 2015. There were a few attempts to break higher after the 1900 top gave way but it eventually went into decline for four years. In my view, gold is not quite out of the woods (yet) in 2020 however I remain optimistic (but not all in).
crude report: ” Gasoline production decreased last week, averaging 8.6 million barrels per day”. ” . . crude oil inventories . . decreased by 0.7 million barrels from the previous week. At 488.0 million barrels, U.S. crude oil inventories are about 7% above the five year average for this time of year. Total motor gasoline inventories increased by 3.5 million barrels last week and are about 4% above the five year average . .” http://ir.eia.gov/wpsr/wpsrsummary.pdf
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Trading Blotter for Trade Exchange The trading blotter will be calculated for all of 2020 and reported here. So far, I have had 20 completed trades at TE. There were 12 Gold & Silver Miners and 8 Biotechs. You may be shocked at my performance. I know I was. All 20 completed trades were winners. Average % Return = +30.72%. Average Calendar Days held per trade = 35. I also have 36 open positions. There are 25 Miners and 11 Biotech. Of the Biotechs, 5 of the 11 open positions are winners and 6 are losers. That doesn’t sound great;… Read more »
Pfizer/BioNTech can only ship 50 million, not 100 million this year.
Wonder who gets first dibs ? ..
Pfizer never took money from US …. dollar to a doughnut Moderna review is bumped up…
rackspace tech $18.66 “multi cloud technology services ” advancing on +avg vol. small position. price target $29 at rbc, fwiw.
https://finviz.com/quote.ashx?t=rxt&ty=c&ta=1&p=d
Vaxart (VXRT) has been quite a ride I first bought VXRT at Trade Exchange along with the following write-up 07/02/2020 1:07 pm Order filled at average fill price of $7.50 Vaxart seeks to discover disruptive pill-form vaccines to protect against norovirus, seasonal flu, respiratory syncytial virus and potentially therapeutic immune-oncology vaccines for cervical cancer Order closed at market at average fill price of $15.44 07/15/2020 9:41 am With that +106% profit in the bag in less than two weeks, I figured on earning another quick score two months later. 09/21/2020 2:17 pm Position opened… Read more »
airlines are up with American leading +10%.
any ‘goodies’ in the stimulus bill!
https://www.investing.com/equities/american-airlines-group
curaleaf up 4% https://www.investing.com/equities/curaleaf?cid=1129414
nat gas down 9%. ” . . represents a net decrease of 1 Bcf from the previous week. Stocks were 343 Bcf higher than last year at this time and 290 Bcf above the five-year average of 3,649 Bcf.”
http://ir.eia.gov/ngs/ngs.html
Knowing the habits of what you pursue will help in the hunt…. just as being grounded in your own habits can lead to one’s own defeat…..
Ah yes, Grasshopper… and a bird in one hand … can lead to a butt kickin’…
Shaking that Hive gonna start a Riot.. !
CureVac could surpass BioNTech and Moderna rapidly, in January – February… wholly owned technology.. do believe that on the lockup expiration not all that much selling will exist… but even if profits are locked in, available shares will be purchased immediately ( as with Moderna insider sells ) giving needed liquidity to push higher..
For all you pharma/biotech buffs, here’s a new website that’ll give you real-time updates on clinical trials across the industry.
http://trial-alert.com
Great , thank you Jim .
Good deal..
I receive info on100 trials on an average day.
Of course you can select 5-10 studies each day or select studies sponsored by the largest market cap publicly traded companies or have them sorted by market cap.
After signing up you can contact [email protected] to get what studies and in what format you choose
Nine-month collapse of the US Dollar
The Dollar slide continues
If mRNA can synthetically be used to prompt cellular memory to produce virus fighting, neutralizing antibodies , then can it not also be used to program cellular reaction to brain inflammation caused by reaction of the bodies own immune system, that some companies are currently addressing by different mechanisms to fight Alzheimers , Dementia , and other disorders of the brain. Would this not be a wonderfully effective method for addressing the blood/brain barrier issue that has throw up some many obstacles for potential therapies in development today ?
wonderful
Are China-headquartered companies to be “kicked off Wall Street?” On the surface, one has to wonder why the NYSE and Nasdaq have for so long permitted audit deficiencies among so many listed companies. CNN reported: The House has passed a bill, already approved by the Senate, that would prevent companies that refuse to open their books to US accounting regulators from trading on US stock exchanges, a step that could result in several Chinese firms getting kicked off Wall Street. The regulations would apply to any foreign company, but the bipartisan cosponsors of the legislation specifically said their goal was to… Read more »
They will have 3 years to comply. Who knows what will happen in 3 years. Always thought the SEC had the legal authority to de-list.
Copper plateau while Gold on the rise?
Yesterday, after seeing the price of Copper running into resistance at the $3.51 level, I sold 1/4 positions in HudBay (HBM) to assure profits. I also sold a bit of Freeport McMoRan (FCX) for the same reason. It there is a pull-back here, I will be ready to reacquire these positions.
On the other hand, Gold is now on the move higher.
Was somewhat premature in selling some HBM yesterday at US$6.77 when it’s already been trading at US$6.97-US$7.07. But it’s important to never look back. I took a very substantial profit on the shares that were sold. That is not a losing trade.
I made the same mistake; FCX, SCCO and COPX keep making fresh 52-wk highs. Took consolation in the old saw: ‘no one ever went broke taking profits’..
I hardly touched FCX and the 1/4 position sold in HBM is ok.
I agree that Gold is not entirely out of the doldrums, so I wanted to build some cash to buy in at better prices looking ahead to 2021 than I feel we can get in the Copperminers today.
Both metals ought to be good for many months to come, and both are going to go through periods of volatility.
Mr Hochschild sells a large stake in Hochschild Mining
This news that Eduardo Hochschild has dumped at a big discount a quarter of his 50% stockholding in the company of his name is shocking.
Investors reacted accordingly. Obviously, we want to know more.
https://www.proactiveinvestors.co.uk/companies/news/935618/hochschild-mining-lower-after-chairmans-investment-vehicle-slashes-stake-935618.html
Hochschild Mining is a leading Gold & Silver producer.
http://www.hochschildmining.com/en/home
Compliments for this website received yesterday
In private mail and calls yesterday, two notable individuals remarked to me that of all their reading of markets, finance and economics they rate this website superior. Included in their comments were praises for baz22, kaimu, goldbug58, and others.
I am really pleased that this community has come together so well to produce honest and helpful commentary to so many people at no cost.
If we spread the word to our friends and associates, our influence will grow in leaps and bounds.
Thank you.
Gold this morning continues to recover
While trading in the US Dollar and the 10-year US Treasury yield are unremarkable to this point this morning, Gold is trading $9-10/oz higher. It appears that the trend, which had been down since in August, has reversed to the upside from the end of November. However, with strange goings-on in Washington, it must be said that markets are unsettled.
tZero platform at Overstock will change the way online purchases are made.. it is even SEC regulated…. Overstock started the development of the tZero platform in 2014…
Gold: The Correction Is Finally OverThe “gold trade” has essentially been left for dead in recent months. The correction that began in early August had shaved as much as 15% off gold’s top, toppling the precious metal from an all-time-h
FROM SEEKING ALPHA……..ONE OF THE MORE INFORMATIVE SITES ON THE WEB
Generally, I like Victor’s articles; in this one I’d wished he had gone back and looked at the period 2011-2015. That was the end of the last bull market and subsequent bear market. Gold peaked at around $1900 in Aug 2011 and reached nadir around $1050 in Dec 2015. There were a few attempts to break higher after the 1900 top gave way but it eventually went into decline for four years. In my view, gold is not quite out of the woods (yet) in 2020 however I remain optimistic (but not all in).
Sio Gene Therapies $2.61. ‘developing various product candidates for debilitating neurodegenerative diseases.’ https://finviz.com/quote.ashx?t=siox&ty=c&ta=1&p=d
https://finance.yahoo.com/news/sio-gene-therapies-announces-first-120000688.html
us explorers + producers up ~4.8%. cxo, fang, eog + xom advancing:
https://stockcharts.com/freecharts/candleglance.html?$djusos,%20cxo,%20fang,%20eog,%20xom
crude report: ” Gasoline production decreased last week, averaging 8.6 million barrels per day”. ” . . crude oil inventories . . decreased by 0.7 million barrels from the previous week. At 488.0 million barrels, U.S. crude oil inventories are about 7% above the five year average for this time of year. Total motor gasoline inventories increased by 3.5 million barrels last week and are about 4% above the five year average . .”
http://ir.eia.gov/wpsr/wpsrsummary.pdf
adapthealth $34.45 -2.8% atm, giving back a bit of yesterdays gains. rated outperform with a price target of $50 at rbc. https://finviz.com/quote.ashx?t=ahco&ty=c&ta=1&p=d
No mention in the mainstream media today on manufacturing expansion
US Manufacturing “Steepest improvement in operating conditions since September 2014”
https://www.markiteconomics.com/Public/Home/PressRelease/d6ef8b7f966a4ee48705755a49561216
Global manufacturing expands at one of fastest rates in almost a decade during November
https://www.markiteconomics.com/Public/Home/PressRelease/8b69fe1b43dc4595912567f3ec437ed0
New orders;
https://twitter.com/jmanfreddi/status/1334157501504348166
“Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin called on Congress to introduce more fiscal support for economy” ???