- Jason Bond Picks
- Posts
- New broker and Monday's watchlist
Good morning,
We’re going back to the basics of swing trading. For the foreseeable future alerts will be email only. I’m transferring my account from TD to Centerpoint so I can go long, but also short sell a lot of Nasdaq pumps.
Chat room will be open to all. Anything fast moving, like my day trades, will happen there and there only.
The daily watchlist will be posted to the dashboard and you’ll need to click a link from your email to read it. It’ll cover day trades we’re looking at in chat, swings and long-term ideas.
I’d like to build a master watchlist of stocks under $10 that I like to swing trade. And with the Santa Rally starting and more importantly, January Effect right behind it, there should be some great ideas coming your way.
VERI - Downtrend since February and now trading less than cash / share or $1.95. 13% of the float is short and I think this is a double or triple as a January Effect trade. The main issue I see at the moment is tax loss selling into Christmas could continue to put downward pressure on the stock. When it bounces back I think $4-$5 is my target. I’m looking for 10-20% from my entry on a swing trade. At this depressed valuation Veritone is a takeover target.
Entry: $1.55-$1.70
Stop: $1.53-$1.47
Target: 10-20% from entry
Range: $2.50-$2.93.
FUBO - Recent earnings winner that faded last week with the IWM. Management has brought costs under control. Short interest is 18% and their cash is $.89. The average price target is $3.65 but I think it will be trading between $4-$5 in the first quarter of 2024. Definitely a takeover target by Amazon, Netflix and a few others who might want fuboTV’s huge footprint.
Entry: $2.50-$2.60
Stop: $2.33-$2.27
Target: 10-20% from entry
Range: $3.30-$3.47.
SIEN - Trading less than cash of $1.33 / share this is a decent little company under $1. Was $4.50’s back in July. Thinking $2-$3 during January Effect. Gotta watch out for tax loss selling here into Christmas. But if it breaks $1, a move through the gap back to $1.50 looks like a good swing.
Entry: $.87-$.95
Stop: $.84-$.81
Target: 10-20% from entry
Range: $1.45-$1.63
Don’t get stuck on the sidelines any longer…
Image Source (altered…DUH)
Questions or concerns about our products? Email [email protected]
© Copyright 2022, RagingBull
DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at https://ragingbull.com/disclaimer.
FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision.
RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment.
RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization.
WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication.
If you have a current active subscription with Jason Bond Picks you will need to contact us here if you want to cancel your subscription. Opting out of emails does not remove you from your service at JasonBondPicks.com.
In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled.