$COIN AND $CELH: $20K In Gains On The Week
Coming into this week I flagged $COIN ( ▲ 3.92% ) in the LongVol Report and TraderX flagged $CELH ( ▲ 4.05% ) in LongVol Lite - both were great trades for readers.
Tech looks bearish to me and the rotation theme seems well under way.
But, readers should be positioned for that — and the short-term traders, well, it was a great week to extract gains.
$COIN ( ▲ 3.92% ) was a name I flagged in the report this week — see the notes below.
Then, $CELH ( ▲ 4.05% ) which Trader X flagged in LongVol Lite was up about +16% this week and I was able to pull out $9,000 on the idea.
But this market is rotating and tech and hi-flyers are getting sold out of — $TSLA ( ▼ 7.49% ) wasn’t on my radar this week but it broke down and I pulled in about $10,500 there.
Unexpected, but I’ll take it - a great start to the quarter.
So, let the macro guys and gals yap on their podcasts about esoteric ideas, banks in China and whatever other nonsense they do to try to sound smart; we’ll be here trading price and rotating into some of the ideas discussed in the newsletter.
Moving on….Special Guest on The Podcast Next Week!!!
Next week I am going to have on a special guest, Lucky Lopez, of Automotive Life with 500K + subscribers to talk auto loan delinquencies and what he’s seeing because I like a few names in the space ( $CPRT ( ▲ 4.24% ) and $ACVA ( ▲ 0.14% ) specifically).
Save 50% Off With Code: NOMACRO4ME
Let’s spice it up this Summer for readers and non-members - come in and start learning price-action and short-term trading in the 1-30 day window.
The SAT Lectures I made in 2015 where I took $50K to $380K in 18 months (real P&L statements in the lectures of it) and still use those principles today.
You guys don’t have to pretend to care about Macro, I won’t tell - and better, you’ll actually have some fun doing this!
You can access the SAT Lectures here
AND
LongVol Lite for 50% off until Monday.
Make sure to follow me on X here.
The new issue of the report will be out Sunday for readers.
I’ve also added a Founders note here.
Yours in profits,
Daniel X. Bustamante
Disclaimer: This material is provided for informational and educational purposes only and does not constitute personalized investment advice, an offer to sell, or a solicitation to buy any security or investment product. Any trade examples, market views, or performance figures are illustrative in nature and reflect model, hypothetical, or representative trade expressions rather than the actual results of any account, including client, proprietary, or personal accounts. Actual results may differ materially due to timing, execution, liquidity, spreads, commissions, and other market factors. While every effort is made to ensure accuracy, prices, strikes, dates, and trade levels should be independently verified. Investing involves risk, including possible loss of principal. Past performance and hypothetical results do not guarantee future outcomes. The views expressed are solely those of the author and do not necessarily reflect the views of Bustamante Capital Management LLC.