Archives: MMM Advantage: Position Updates

Trading Ideas for Trading on May 21th, 2021

Mish Schneider | May 20, 2021

New Buys: WOOF Took Profits: N/A Closed Positions: Maybe SEED-see notes Stop Changes: TLRY DDD VIAC New Targets: N/A Ideas I’m Watching: With junk bonds falling a bit cautious, but if the market holds: MP ATR 2.5 Should have used the 200-DMA so if holds now over 25.40, still like through 28.00 XL ATR .56 Like over 6.90 to 7 with risk under 5.40 SPOT ATR 10.25 Reversal ad like over 229 risk under 211


Trading Ideas for Trading on May 20th, 2021

Mish Schneider | May 19, 2021

New Buys: EL Took Profits: N/A Closed Positions: USO MP Stop Changes: New Targets: EL Ideas I’m Watching: With junk bonds falling a bit cautious, but if the market holds: CSIQ reports before open-ATR 2.213 Low to hold 34.18 and if can clear 37 looks good MP ATR 2.5 Should have used the 200-DMA so if holds now over 25.40, still like through 28.00 WOOF reports before open-ATR 1.18 if holds 24.40 like over 26.00


Trading Ideas for Trading on May 19th, 2021

Mish Schneider | May 18, 2021

New Buys: N/A Took Profits: N/A Closed Positions: N/A Stop Changes: TLRY MP DDD VIAC USO New Targets: N/A Ideas I’m Watching: AMT ATR 4.62 Thru 248 like the risk to around 239 VXX ATR 3.76 If the mkt fails and the junk bonds cannot get back over their 50-DMA, this will clear 40.90 and we can use a tight stop under 38.42 Tuesday low And stand by if market holds for a few other


Trading Ideas for Trading on May 18th, 2021

Mish Schneider | May 17, 2021

New Buys: TLRY Took Profits: SLV Closed Positions: N/A Stop Changes: SLV UNG GLD CANE VIAC New Targets: SLV Ideas I’m Watching: APPH ATR 1.302 Great earnings and a good reversal bottom-like to see this clear 13.10 again then the risk is under 10.90 UBER ATR 2.86 Reversal and sitting on the 200-DMA-best over 48 with risk under 44.85 Earnings: Watch WOOF earnings before bell on Thursday ULTA earnings on May 27th-good active trade Notes:


Trading Ideas for Trading on May 17th, 2021

Mish Schneider | May 16, 2021

New Buys: DDD MP Took Profits: Closed Positions: Stop Changes: N/A New Targets: N/A Ideas I’m Watching: TLRY ATR 1.72 Another new low followed by an inside day but still holding the 200-DMA so watching for a move over 15.12 PLTR ATR 1.6 Closed right into resistance so if gaps up Monday could be ready to see another leg up FSLY ATR 5.29 Inside day after a new low-like to see this clear 43.30 Still


Trading Ideas for Trading on May 14th, 2021

Mish Schneider | May 13, 2021

New Buys: N/A Took Profits: ETHE Closed Positions: ETHE Stop Changes: VIAC USO GLD New Targets: N/A Ideas I’m Watching: AMT ATR 4.78 Golden cross on the daily chart, above the 50-WMA-like over R1 and the OR with risk choice of around 235 or under 239 depending on timeframe and overall market condition DDOG ATR 4.95 An important lesson in following the macro and not getting sucked in. With that said, still like it now


Trading Ideas for Trading on May 13th, 2021

Mish Schneider | May 12, 2021

New Buys: N/A Took Profits: WFC FLR Closed Positions: WFC FLR FSLY Stop Changes: ETHE UNG CANE GLD VIAC New Targets: GLD CANE Ideas I’m Watching: FSLY ATR 5.33 Yes we exited early. But it did have an inside day after a reversal pattern. So, if can get thru 44.25-44.50 on an OR breakout, might try again DDOG ATR 4.95 This outperformed the market and also had an inside day. At this point, if it


Trading Ideas for Trading on May 12th, 2021

Mish Schneider | May 11, 2021

New Buys: FSLY Took Profits: N/A Closed Positions: N/A Stop Changes: ETHE New Targets: FSLY Ideas I’m Watching: PENN ATR 5.39 Not only new low, but good volume and a move just over the 200-DMA. That means we need a confirmation over 83.81. And a hold of 74.24. CREE ATR 6.34 Also held the 200-DMA and the 50-WMA. Support at 86.35 and needs to clear 94.66 MP ATR 2.15-we got out, but always looking at


Trading Ideas for Trading on May 11th, 2021

Mish Schneider | May 10, 2021

New Buys: VIAC Took Profits: N/A Closed Positions: PDD AAPL MP-note on SEED closing level says 11.98 so our orders manipulated the price-if you did not sell, that is fine and we will keep the position open for another day Stop Changes: WFC ETHE FLR New Targets: VIAC Ideas I’m Watching: DDOG ATR 4.20 I would take a chance over 80.00 but would be active and nimble FSLY ATR 4.87 A formation called shooting stars-can


Trading Ideas for Trading on May 10th, 2021

Mish Schneider | May 9, 2021

New Buys: N/A Took Profits: GLD Closed Positions: N/A Stop Changes: FLR, GLD,MP, AAPL New Targets: FLR Ideas I’m Watching: Inside day chart pattern with recent 60-day lows: MSOS, COIN, PENN, NIO, APPH, VIAC. FXI watching to clear $46.40. Earnings: N/A Notes: Existing Positions (always remember our 30-minute rule for stops)