Has this thread turned bullish after being bearish for so long?
No, we need to recognise there will be periods of bullishness within an overall trajectory towards an eventual bear outcome. The turning point was the Fed's 360 degree U-turn from being rate hawkish to dovishness, succumbing to a market holding it hostage. Even QT is being slowed down and there are talks about loosening, so we could be in for a period where we seemed to feel safe but in a rather misplaced way - with complacency. And this is dangerous for people who start taking excessive risks once again.
Since the Fed has put the punch bowl back into party mode, I have published a number of opportunities, which I call Opportunity Stocks since mid Feb 19 as per the Table below. 3 of which are 'lottery stocks' i.e hero or zero, risky but with very large reward/risk outcome if things pan out well. Of the 8 other stocks, 3 have performed rather exceptionally and only one in modest negative return thus far.
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
0
OPPORTUNITY STOCKS
Date stock mentioned in Its Over thread
Open price on date stock mentioned
Close on 6/3/19
Change%
1
1
XRO [XERO]
11/2/19
$46.200
$ 49.060
6.2%
2
2
MYE [MASTERMYNE]
11/2/19
$ 0.840
$0.980
16.7%
3
3
CLV [CLOVER]
11/2/19
$ 1.525
$1.900
24.6%
4
4
SFC [SCHAEFFER]
12/2/19
$14.480
$ 14.150
-2.3%
5
5
YOW [YOWIE]
19/2/19
$ 0.070
$0.074
5.7%
6
6
CAT [CATAPULT]
21/2/19
$ 0.640
$0.800
25.0%
7
7
PME [PROMEDICUS]
21/2/19
$ 14.45
$15.49
7.2%
8
8
VHT [VOLPARA]
6/3/19
$ 1.185
$1.220
3.0%
9
LOTTERY STOCKS
10
9
4DS [4DS]
20/2/19
$ 0.067
$0.077
14.9%
11
10
BIT [BIOTRON]
20/2/19
$ 0.090
$0.080
-11.1%
12
11
ACW [ACTINOGEN]
20/2/19
$ 0.054
$0.053
-1.9%
IMO the key to success is careful stock selection and knowing to take profits along the way as even the best stocks would come under pressure when the tide turns. If you are not making headway making money now when the market is buoyant with the stock that you have, you are in the wrong boat, and you may want to ditch dead stocks and move / free capital to go after winners. While we still have this opportunity..
