I can be Huge too

[antioch6]

Today I sold Hyfm short at 5.6. It has negative earnings, negative growth, and the price is weak.

[antioch6]

Here is the screen for this week:

SD

Here is the short screen for this week:

HYFM

My thinking is this - if the market opens higher the first few days next week, I can judge if it's strong or weak. Well, it's already weak, so I expect it to be weak early next week too. What I don't know is how weak. What is the downside range? The market is still relatively happy, despite the government basically taking away money. At what point do people lose their patience? Maybe it's time for a break from the market.

[antioch6]

So I am short HYFM. I was up 30% as of yesterday. I think today uhh some people were buying on hopes. The thing was up 11%. I honestly think because some guy set a limit sell 5% higher in the morning while someone else sent a market buy order. The other 6% looked like momentum buyers. So after the momentum buying was done, hyfm dropped back to the 5% order from the morning.

I didn't make a screen for the weekend because nothing looks worthwhile. I think markets are at fair value heading lower, so I'll keep hyfm short until the federal bank eases and the government stimulates.

[antioch6]

I haven't been doing much except eating sandwiches and chips. There are no stocks on my screen. Even my short screen. Things are bouncing off lows so the momentum is up even though the trend in money is down.

Hyfm is really the only company I know will go lower. It was high for a little bit. I hope people see what the right thing to do is. No one needs equipment to grow a plant. It's a waste.

[antioch6]

Today I sold I mean bought Hyfm at 3.75. I bought SD at 17.82.

[antioch6]

I sold SD around 16. My screen this week came up with a bunch of chinese stuff. So I started buying Jfin. I bought more when I sold Sd. Maybe the Chinese government is gunna send money out. Jfin is a broker in Shanghai. If the government sends money out, there will be more money and more people will make love.

[antioch6]

So I am down -20% on Jfin in 2 days. The news is good. I think it'll come back to 5 or 6. I've had some regrettable moments the last couple monthz. Maybe in a year from now...

[antioch6]

Jfin is coming back slowly. I'm up 14.35% in two months. I think the Chinese market is low and Jfin is the best stock in the world. The p/e is 1.78, earnings are growing at 55.20%, and the relative price strength is good.

[antioch6]

Here is the screen for this week:

JFIN DQ

[antioch6]

Jfin almost hit 3.00 again. This is the point where it's failed the past six months. Earnings are accelerating smoothly. By my calculations, the stock should double within the next year. I'm doubling my holding this week. Bought at 2.11, 2.22, 2.66, and 2.83 so far. Will try to keep my buy below 3. I'm thinking China has to find a bottom here soon on the Ashr etf. Why else would Jfin be bottoming out. Is it possible for it to go higher while the market drops. It just feels like this one should go much higher because of its low p/e and high growth.

[antioch6]

I missed my screen for the week. Today I came up with TECK and LEU.

Jfin is falling off the list as it keeps dropping 20% on low volume. I'm thinking about switching it into Teck and Leu 50%/50%.

I'm only up ~10% on my shares. I'll decide on the weekend.

[antioch6]

Here is the screen for the week:

JFIN

That's all that came. I'll double my holding in Jfin and buy a U.S. 1 year government bond. So I will be 100% in Jfin in my account, and 15% in my dad's. His other 85% will be in the bond.

[antioch6]

I never bought the bond because my dad's account has a restriction on it, so we have to fill out some paperwork.

There were no stocks on the screen this week. The market looks like it's in bad shape. I am considering selling my Jfin because it's lost momentum, the market looks weak overall, and there just seems to be no money going into stocks until the Fed lowers rates. I'm waiting a week or two before selling it because I'm up 10%, it's holding price, and because the earnings are still good. Maybe I should look for something to short.

Roku worked last time. Auy also worked. Hyfm was good.

Here is the short screen for the week:

MTCH

Match.com has a high p/e, negative earnings, and weak price.

So I wrote that like yesterday or the day before. My content got deleted and I didn't see the restore option until now.

I thought about selling Jfin and shorting Mtch and Hyfm. I think they are going to zero. I thought about it and I'm going to wait a few days because they are already low and Jfin is holding. In the long run I'm hopeful stocks will be high. I'm also considering selling only half of Jfin and going 50% long and 50% short. This should cover me for the end of this Fed rate cycle.

[antioch6]

So I sold 30% of Jfin and sold short Mtch. As I sold, the price fell back to my initial purchase, so nothing happened in the past four months.

[antioch6]

I covered Mtch and bought Teck, Ccs, Sd, and Dq.