CGTS FRIDAY: RIGHT ON TIME, ANOTHER WAVE OF FISHNET SYSTEM BUYING
CGTS Algo Trading System
CGTS FRIDAY: RIGHT ON TIME, ANOTHER WAVE OF FISHNET SYSTEM BUYING
Feb. 12, 2021 9:28 PM ETCRSP, DXC...
Stocks rally at the end of the day. Still rather boring today.
Very mixed performance in our closely watched issues.
We were starting to wonder about this market. It did not seem to have the necessary fire we wanted. Then came the bullish report from our FISNHET System, another wave of BUYERS.
This seems to always happen when we begin to doubt the bullish energy of the markets a bit.
Nice stocks lining up for BUYERS here.
CRSP, CRISPR THERAPEUTICS. FISHNET (olive green) dips below zero, which says it is a trading bottom.
RPTX, REPARE THEAPEUTICS, BUY.
Probably our favorite chart today: OROCF, OROCOBRE.
NO OPTIONS HERE, unfortunately.
DXC has traded pretty well in this system, in fact. For those of you who like to trade options:
A long term (JAN 2023) call on DXC @ 25 would cost about $6.6. Not bad. Do we need that much time? Maybe not.
About half the cost for SEPT 25 calls.
NO options for RPTX.
CRSP has options, but a bit expensive. A good stock, no doubt. But a bit rich for my blood.
The gains have been 27 points, 35 points, 10, 9 35, 31, 27 and 108.5. So a cost of 39 points is way too much, in my mind.
TLRY had a huge run-up; now it is ready to give most of it back. SHORTSELL? The system says it is. It is a bit risky to SHORT a volatile in-play stock in a melt-up market, I think.
FISHNET_DAILY_PORTFOLIO_2_12_21.xlsx
Two sales today. Sell FAS, 3x Banks bullish, gain of 27.8%. Sell DUSL, Industrials bullish, gain of 26.95%.
3x_M2F_ALT_PLAIN_PORTFOLIO_2_12_21.xlsx
COUNT3 TRADE.
Sell AFI, ARMSTRONG FLOOR, GAIN OF 26.98%.
We gave this trade yesterday; it is showing up again today, as a NEW TRADE. Perhaps because ABNB has so little trade data.
C3_TRADE_PORTFOLIO_2_12_21.xlsx
M2F ALT PLAIN x3.
SELL AMRN, GAIN OF 69.89%.
One new BUY in the TIMES 3 System: NGM BIOPHARMA.
OLDBOY_100_PORTFOLIO_2_12_21.xlsx
RP: RP_2_12_21.xlsx
CGTS MARKET DIAGNOSTICS
CROSSOVER TRADE
Democrats Caught Using Fake 'Evidence' At Impeachment Trial
This is not new. They have been using fake evidence and fake news against Trump since 2015.
I thought TRUMP was owned by the Russians. (Nancy?) (Hillary, care to comment?)
EVERY night the News Media prepares poison for us to drink. Why do we drink it? CANCEL the news media.
Best for the weekend.
MJC, CGTS
Disclosure: I am/we are long BLNK, CLSK, TSLA, WKHS.
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