ES Journal - 2019/2020

[vanzandt]

I'll check on WYNN.... if it went up.... the fix is in.

It was around $90 that day.
$54 now.
No fix yet.

 

[Buy1Sell2]

I would imagine good stocks to own at this juncture would be ones that deal in products and services related to the baby/infant business.

Something like Nestle that owns Gerber.

 

[hafez50]

Vol will vouch for me . Been a hard core trader since 1989. I lived and breathed the mkt most of the 31 yrs. Not been on the board in many yrs but decided it was time to come back for a spell. lol.

 

[vanzandt]

Something like Nestle that owns Gerber.

B1, behemoths like Nestle take a LOT LOT more than a division like Gerber to even budge the stock a few pennies.

I have no idea why you think this niche might work, but if you're right, you need to find a pure-play where 100% of whatever revenue/margins, thus earnings, is the sole story behind their bottom line.

Baby's and infants are the purvey of the Walmarts and the Targets of the world. Places where a sqf of retail floor space represents 100's of millions of dollars in annual revenue. All the baby and infant companies... have long ago been gobbled up by the likes of Nestle, P&G. Kimberly Clark etc. Multinational elephants.

Not trying to sound demeaning, but whatever.
Maybe ETSY might fit that call. I like that stock too here at around $40. Just not as much as Slack @ $15 and change today.
Ya gotta know stocks B1 before you can pick em.

 

[Buy1Sell2]

Something like Nestle that owns Gerber.

Nestle, Mattel, Hasbro in my view, likely will be good buys for the coming months due to The Kung Flu.

 

[FriskyCat]

I don't know where you came from lol, and I'm not just referring to this post, but you have a handle on things. Whoever you are Hafez.... whatever you say is certainly worth the read.
jmho.

He's been around forever. We used to have a good crew at Prudent Bear before it was sold to new ownership (who quickly destroyed it). He didn't reply when I asked if it was him, but I know it's him. Kinda like a handwriting analysis, he writes in an unmistakable way.

 

[FriskyCat]

Maybe, just maybe, this is day 26 (TD18) (Oct 26 2018) if I'm looking at the late 2018 swoon for clues. That would set up the sharp counter-trend rally to clip into somewhere between the 50/200 day MA's.

 

[Sekiyo]

Should I sell @ 2620 and buy back @ 2200 ?

 

[FriskyCat]

This does seem like the perfect week for a sharp counter-trend move. Monthly expiration, triple witching. I'm just spit balling though. The real economic damage is intense.

 

[wave]

Yo-yo accumulator turned on in overnight futures market.