tag:blogger.com,1999:blog-321068442024-12-18T22:19:48.297-05:00Beating the market is fun and profitable. This is how we do it.C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comBlogger774125tag:blogger.com,1999:blog-32106844.post-32208800164741057642021-02-08T19:06:00.006-05:002021-02-14T11:34:05.922-05:00

  We mentioned our holding a position in Power MetalsCorp. - ticker PGM in Canada and PWRMF in the U.S. - in early November 2018 when it traded at $0.23  It's since gone as high as $0.53 and is now at $0.39 and looking like it'll break a major down trend:We remain bullish on Power Metals Corp. It's at a reasonable entry point in our estimation, in a hot sector with the

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-17420772911146101672021-01-14T18:23:00.004-05:002021-01-17T14:29:57.097-05:00

  We bought LTHM in August 2019, selling 2/3 almost three months ago for a gain of 149% on that portion. Now we're closing the remaining 1/3 LTHM which finished today up 250% from our entry.We'll add a 3rd UVXY position once it trades back above $10.80  It ended the session today at $10.58  No stop on UVXY positions. These caveats still apply, written when we last bought

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-74106486547379450262020-11-24T19:35:00.003-05:002020-11-24T19:38:33.540-05:00

  Ref: this post from August 2019: "Buying LTHM". Now, nearly 15 months later, electric vehicles are in a frothing mania, with even some total scam stocks in the sector going parabolic so it's likely near the end of this mania.   Stocks in general are extremely overvalued.  LTHM (Livent Corp.), which closed today at $15.43, is up 149% from our entry and we're

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-13573749390280197772020-11-21T17:14:00.017-05:002021-01-14T18:02:35.141-05:00

  We last bought UVXY in July and it's down 50% since then. That turned out to be a bad call ... so far... however long-time readers know we're not wrong often and even less so in succession.   Don't go too big on UVXY.  The world, and its markets, is unusually volatile.  As compelling as the short case is, it can certainly become more compelling.  If so

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-2339895187968095652020-07-21T23:30:00.000-04:002020-07-22T02:39:27.109-04:00

The time for stocks to roll over is upon us, or will be very soon in our estimation. Buying UVXY in the morning, which closed today at $26.30 No stop. UVXY is the ProShares Ultra VIX Short-Term Futures ETF. Click here to read all about it.  PLEASE READ DISCLAIMER AT BOTTOM OF PAGE

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-46695111326812579902020-07-04T19:33:00.004-04:002020-07-07T00:52:01.129-04:00

We bought Lumber Liquidators (LL) on the 11th of March and on the 16th of that month. In hindsight the entry on the 11th was a bit early, though it's now up 64%. The timing on the 16th was perfect, as the stock hit its all-time low that morning and is now up 233% in 2.5 months. However we sold if for "only" a gain of 43% in a month, back in April. No regrets though, since we've still that

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-81357600708372745612020-06-25T17:16:00.000-04:002020-06-25T17:15:59.992-04:00

Penny stocks have started to take-off, and we're benefitting tremendously thus far. Recent examples include: May 19 Update FG (Falcon Gold) up 54% since. June 20 Golden Goliath (GNG) up 66% the next day. Is IMT next? We most recently wrote about it when we added to our position on April 17.  It's already doubled since then, and given its low float and exposure to several currently

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-91382321969465271772020-06-20T15:57:00.000-04:002020-06-22T11:11:24.249-04:00

Golden Goliath Resources was featured in this blog in late October of 2018 when it was trading at $0.035 This week it closed at $0.09 Its chart: The descending red line depicts a 4-year down trend, likely soon to be broken (blue circle) and the green is an up trend. The horizontal black line shows established resistance at the key level of $0.10 We're still holding our position

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-75972958146143143372020-05-19T12:28:00.004-04:002020-06-20T15:57:28.828-04:00

In January of 2019 we listed FG and GLI as "two penny stocks worth accumulating". Falcon Gold, trading under ticker FG in Canada and 3FA in Frankfurt, has since more than doubled, while Glacier Lake, trading under ticker GLI in Canada, has languished. FG, currently at $0.065, still looks very much worth accumulating to us, for those longer-term bullish on the precious metals sector. Falcon

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-60561452551820658932020-05-18T11:36:00.001-04:002020-05-18T11:36:33.106-04:00

We opened a position in ACB exactly 2 months ago at $7.44 on a split-adjusted basis.  (ACB underwent a 12:1 consolidation last week) It's now above $18.50, and we're selling for a gain of nearly 150% in 2 months.  PLEASE READ DISCLAIMER AT BOTTOM OF PAGE

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-5406239281415724562020-04-29T18:15:00.002-04:002020-06-20T15:58:09.133-04:00

While NBEV is up 45% since we bought it mid-March, and had gained as much as 81%, it's disappointing that it only traded sideways the past week while general markets shot higher. We expect the bear market bounce of the past month is likely over, or nearly so, so we'll place a protective sell stop on NBEV at $1.44 NBEV closed today at $1.51 We're lowering the buy stop on TZA again, now to $

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-66094015980788291082020-04-27T22:40:00.003-04:002020-04-27T22:40:52.244-04:00

We're lowering our buy stop on TZA from $45.00 to $37.50 with a limit of $40.00 TZA closed today at $36.91  PLEASE READ DISCLAIMER AT BOTTOM OF PAGE

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-4487614364069786922020-04-23T13:20:00.001-04:002020-04-23T13:34:58.692-04:00

We entered six long position on March 16. Of those, two have already been sold for huge quick gains: USLV +79% in 3 weeks. LL +43% in 1 month. Today we'll sell 2 more: AMLP, which currently trades at 4.60, netting us +26% in 5 weeks. STNG, now trading at 25.05, netting us +35% in 5 weeks. We'll buy TZA via buy stop at $45 up to a limit of $47. TZA  currently trades at $42.63

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-83075529467437243862020-04-17T14:05:00.001-04:002020-06-25T17:06:16.450-04:00

In October of 2017 we offered three penny stock ideas; SIR, SBW, and IMT. Just over a week later SIR had already risen by as much 287% and soon after we booked an 87% gain on that position. We were eventually stopped out of our SBW holding at a loss of 44% (original entry price $0.17 stopped out at $0.095) and we may re-enter it eventually. So it goes in the penny stock universe. IMT was

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-83423691433590318982020-04-15T03:36:00.001-04:002020-04-15T03:42:45.354-04:00

We bought LL the morning of March 16, at $4.10 It's gone as much as 67% higher, and at yesterday's close was up 43%. We'll book that gain at the open.  PLEASE READ DISCLAIMER AT BOTTOM OF PAGE

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-69460281087635230592020-04-07T17:47:00.001-04:002020-04-07T17:47:41.791-04:00

We entered USLV at the open on March 16 and at today's close just over 3 weeks later it's up over 67% (up 79% at today's high). Our USLV position was sold today.  PLEASE READ DISCLAIMER AT BOTTOM OF PAGE

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-30769494448383213272020-04-03T22:37:00.000-04:002020-04-05T21:07:09.389-04:00

Ignore the nonsense that stock markets have already bounced back into a "technical bull market". Ignore "experts" trying to shout "opportunity of a lifetime" louder than the next - particularly those who were screaming "imminent melt-up!" six weeks ago - and forget the irresponsible idiocy of projecting new all-time highs within a few months due to a "V-shaped recovery". Miracles can happen,

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-90618586956348744152020-03-25T12:50:00.000-04:002020-03-25T12:50:52.400-04:00

We opened a position in SPXL Monday at the open. Now just two days later it's up 30%.  We opened a position in UDOW a week ago. It's already up 39.5% We're booking those exceptional short-term gains.  PLEASE READ DISCLAIMER AT BOTTOM OF PAGE

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-69996070557857260902020-03-22T14:04:00.001-04:002020-03-22T23:07:43.695-04:00

"SJB provides inverse exposure, reset daily, to a modified market-value-weighted index comprising US-dollar-denominated corporate high-yield bonds with maturities between 3 and 15 years." - ETF.com Knowing with absolute certainty it's only a matter of "when", not "if", we've accumulated an unprecedented seven positions over time in SJB: 1 - September 2016 @ $25.30 2 - October 2016 @

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-75437024604123062042020-03-18T14:52:00.000-04:002020-03-20T02:56:48.844-04:00

We've been triple short TSLA at an average of $355. It's trading now at $357. Covering all three positions for roughly break-even. It's proven good to be short garbage the past month. Now we fear a major market bounce, however we do not fear Tesla is a quality stock or a reputable company with trustworthy accounting, so we aspire to short it again, heavily, in due time, hopefully at a much

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-36823595082729814672020-03-16T08:52:00.001-04:002020-03-16T20:42:08.292-04:00

The U.S Federal Reserve is impotent. Always was. With respect to interest rates, all the Fed does is follow bond market rates. Contrary to popular myth and belief, the Fed doesn't set or control rates. The only things that matter in markets are sentiment and margin, which are essentially the same thing, and now many have very ugly measures of both. When the Fed timed its actions well and

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-86265598222549865342020-03-12T23:30:00.000-04:002020-03-13T00:48:09.248-04:00

We're short PLCE from $102.50 since last summer. It closed at $33.87 today, representing a gain of 67% in 10 months, and while we won't be surprised to see it go far lower someday we prefer to step aside for the time being. Perhaps we'll short it again in the future. Buying PLCE to cover at the open.  PLEASE READ DISCLAIMER AT BOTTOM OF PAGE

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-48280104901814226932020-03-12T20:59:00.000-04:002020-03-12T22:05:23.408-04:00

Posted in November: "A few years of gains, even a decade's worth, being erased in a quick reversion is not historically uncommon." Welcome back to 2017!   Posted early January: "The time will come when we will all learn a lot more about the true value of intangibles." After a one-day drop not seen since 1987, added to the amazing past few weeks of markets plunging rapidly,

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-36874776037126833192020-03-12T15:38:00.001-04:002020-03-12T15:38:07.702-04:00

Regular readers of this blog should not be shocked to see stocks at current levels. Only the speed of the decline is of some surprise, though we've often warned that one of history's most overblown and levered manias would implode in historically spectacular fashion. Ref: November 30, 2019 - "What Goes Up..."  December 27, 2019 - "Adding TVIX" January 07, 2020 - "Tolling Of The

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.comtag:blogger.com,1999:blog-32106844.post-30719280003544379192020-03-11T23:28:00.004-04:002020-03-12T18:25:55.381-04:00

We're buying LL (Lumber Liquidators) at the open up to a limit of $8.35  We believe it to be a long-term value play and will add to it over time if it drops materially, so no stop on this holding. We're booking more gains at the open on Thursday, if tonight's futures are any indication: Friday the 28th we clocked average net profits of 68% on two different TVIX positions, 22% on two

C. Guinnesshttp://www.blogger.com/profile/01891200983358142480noreply@blogger.com