SlickRicksPicks

1/2 Swing Trader ☯️ 1/2 scalper | Tweets are my opinions only, not financial advice

[SlickRicksPicks @SlickRicksPick2]

@pennycheck Tough to call bottom on the contrarian plays, went through the same song and dance w/ baba. Even more frustrating when they have the eco system to dominate but are too afraid to take any chances. HP CEO not exactly who you want leading charge into agentic

[SlickRicksPicks @SlickRicksPick2]

@EVNFT 👋

[CN Wire @Sino_Market]

#BREAKING
US, CHINA NEAR DEAL ON CHINA CO'S AUDIT INSPECTIONS IN HK: DJ
#CHINA $US $KWEB $FXI

[SlickRicksPicks @SlickRicksPick2]

@buccocapital I used to be surprised how many organizations had 10+ sources of sales data, multiple ERP systems, etc.

Never mind when acquisitions happen & they don’t want to disrupt processes so end up maintaining repetitive software.

[SlickRicksPicks @SlickRicksPick2]

@EVNFT Angry Saturday morning bones, I like it

[SlickRicksPicks @SlickRicksPick2]

Weekly Trade Recap:

Focus still on not being greedy and closing out trades up over 1% by EOD. No point letting winners turn into losers overnight. My semi positions in process of bouncing back, will likely add to WDC.

Fwd-looking market indecisive over when fed will pivot.

[SlickRicksPicks @SlickRicksPick2]

A few scalp charts I’m watching:

$WAL 46% bounce last time it touched this lv, over a year in the making

$BMY 12% $YETI 11% shorter term bounces off lvs, still worth a few pts to me.

[SlickRicksPicks @SlickRicksPick2]

Weekly Trade Recap:

Was able to turn over a few positions last week, WDC/MU May still require avg down.

For what it’s worth, not one stock on my scalp watch list is within 5% of strong demand lv heading into this week.

5/50 positions deployed.

[SlickRicksPicks @SlickRicksPick2]

@EVNFT Double bottom

[SlickRicksPicks @SlickRicksPick2]

Weekly Trade Recap:

Trades from last 2 weeks below, have some lingering semi positions that may need averaging down, but still getting some nice rotation.

7/50 positions deployed

[SlickRicksPicks @SlickRicksPick2]

@EVNFT I’ll be out there next month

[SlickRicksPicks @SlickRicksPick2]

Seeing some scalp charts approaching more appealing levels. A few of the best charts all within 5% of strong demand lv

1. $WAL 46% bounce off lv
2. $BOOT 33% bounce off lv
3. $AMD 30% bounce off lv

Continues to be a tough mkt, demand lvs will play but not likely to break trend

[Markets & Mayhem @Mayhem4Markets]

Beijing and Shanghai are opening, China is lifting travel quarantine restrictions, and stimulus is being pursued by the country's government on the fiscal and monetary side.

The tide is turning ...

[SlickRicksPicks @SlickRicksPick2]

Looks like $PLTK finally found a buyer in Joffre Capital at $21/shr

46% prem to close.

Will be interesting to see if valuation changes w/out majority owner being a Chinese investment group.

[SlickRicksPicks @SlickRicksPick2]

Some interesting potential scalp setups all within 5% of demand lv

1. $WAL 47% prev bounce off lv
2. $OAS 41% prev bounce off lv
3. $GIL 21% prev bounce off lv

First time in recent memory seeing some energy names near demand lvs

[SlickRicksPicks @SlickRicksPick2]

Weekly Trade Recap:

Busy week scalping, up to 6/50 positions deployed. Active positions strongly weighted towards semis.

Actually really like weeks like this from a scalp standpoint as there’s a lot of opportunity to deploy capital.

Limit 2 buys per day as always.

[SlickRicksPicks @SlickRicksPick2]

@kouroshshafi Spot on this time around, will check it out.

[SlickRicksPicks @SlickRicksPick2]

I don’t think enough people evaluate potential employers through the lens of an investor before coming onboard.

How many people are asking about profitability, burn rate, funding, projections etc. in their interview process?

[SlickRicksPicks @SlickRicksPick2]

Only a matter of time until we see all these layoffs hit unemployment numbers.

Fed weighing this against hot CPI will stop them from being too aggressive imo

[SlickRicksPicks @SlickRicksPick2]

@Mayhem4Markets Never understood how these people could promote leverage in good faith. Same idea as these startup CEOs encouraging employees to take out loans to buy stock.

Interesting combo of greed & naïveté