Friday, September 3, 2021

Is Skillz About to Be the Next BIG Short Squeeze of 2021?

 
September 3, 2021
 
Start Mornings the Right Way
Let's face it. Most of us aren't morning people. We wake up, drink coffee and go to work…

Hooray.

But what if average people had something to look forward to every day? Like the chance to grab double-digit winning trades.

On Feb. 16, Joy of the Trade Head Trader Jeff Zananiri woke up to a 64% overnight gain on LB. The next day, an overnight gain of 17% on TWTR. On Feb. 18, he closed out a 13.9% winner and finished his week off with a 54% overnight gain!

All thanks to his Burn Notice system…
Become a Morning Person
 
The 2 Most Important Charts to Watch This September
We've officially entered the fall season in the stock market, and I've got my eye on two charts that every investor needs on their radar...

But first, I need to cover what will be one of the biggest hurdles this month: the Federal Reserve.

Fed Chair Jerome Powell went on TV a week ago and was extremely dovish on the prospect of any tightening of the economy.

He was super careful to detail that although the Fed would be buying less bonds, it wouldn't let it run off its balance sheets right away — which isn't exactly tapering. However, the stock market celebrated and the inflation trade looks to be back on track.

This is also the last week of slow volume — things tend to pick up after Labor Day — so get ready for volatility to come back into the market!
Get Ready With These Charts
 
Is Skillz About to Be the Next BIG Short Squeeze of 2021?
Just when the bears and the media thought the ape army had left Skillz for dead in the Meme Stonk Wars of 2021, the bulls came back Tuesday afternoon to squeeze the stock and bleed the hedgies.

While other highly shorted meme stocks like AMC and GameStop largely maintained or grew their new valuations in 2021, SKLZ was not as fortunate.

Share prices for the esports company declined steadily from its record highs in the February squeeze. But retail investors and their short-busting institutional allies are hoping that might change, starting Tuesday.
Will It Be the Next Short Squeeze?
 
"Hi, I have been using the V-Bounce Strategy very successfully now for approx 30 days... I'm using it on Stocks only... Exited my first two trades this week... Both up > 10%"

Joe






Correlation is a statistical concept that in simple terms describes the relationship between two or more variables. The relationship is positive when the two variables move in the same direction (both up or both down), and is negative when they move in opposite direction (one up, other down). An example of "perfect positive" correlation would be: Stock A moves up by 7%, Stock B also moves up by 7% (direction and magnitude same). An example of "positive" correlation would be: Stock A moves up by 7%, Stock B moves up by 5.5% (direction same, magnitude varies).
 
 
 
Disclaimer:
The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.

Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
 
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio.
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