The general consensus is that the market is in a bit of a questionable place right now. The U.S. is printing trillions of dollars. There is visible inflation (gas, food prices, consumer goods, etc.). The bond market is shaking. The NASDAQ was positive for the day, but is still down over the last month (-6.9%) and barely up over three months (+1.20%).

Today we saw $CAN (+50%), $MSTR (+14.71%), and $TSLA (+19.64%) have a nice day, but that can be solely explained by a run up in Bitcoin coupled with an overly exaggerated sell-off over the last couple of weeks. By the way, these gains contribute greatly to the gain of the indices for the day.

For what it is worth, Bitcoin is up over 15% for the last month and 189% over the last three months. This shows you how fast the US dollar is deflating. Just wait until the next $1.9T is printed and released. I believe that is tomorrow, or sometime this week.

The Indices vs. Bitcoin

So we have the NASDAQ down 6% in the last month and Bitcoin up 15%. Staying in cash lost you 15% against Bitcoin. Betting on the NASDAQ cost you another 6%, bringing your total to a loss of 21%. That’s not a great way to start the year. Maybe you were in the Dow Jones 100. The Dow is up 1.23% in the last month, so that only puts you down about 14%. There is always the S&P 500, which is down 1.18% over the last month. That brings your loss to 16%.

Cash and Bitcoin

For what it’s worth, all of my IRAs and 401k holdings are in cash. That stops the bleeding some. The cash holdings are really disappointing and are really only there while I weigh the true cost of the penalties versus the potential gains elsewhere. Wherever I have straight brokerage accounts, or cash bank accounts, I have moved nearly all of that money to the “inflation” shelter of Bitcoin. Yes, I said it. Yes, I believe it. As much as I like the stock report and trying to pick the best stocks, I like the dollar I have today to have the same spending power tomorrow. The best way to make that happen right now is Bitcoin.

Final Thoughts

Be careful of the financial media trying to sculpt a message of prosperity and success. There tends to be a grasping for positive market news right now. Meanwhile, there are several people heading for the exits. It is possible to find a sector, a stock, a commodity, or a timeframe that is green.

Final Questions

Ask yourself questions like these. What is the market really doing? What happens when there is inflation? What happens when interest rates rise? What is the effect of printing money? What does that really do to the economy and to the price of stocks, bonds, commodities, and other assets? What happens when the March treasuries expire? What happens when payment deferments end in June?

With all of this being said, here are the buys, sells, and favorites.

Buys

1. BCOR
2. HDB
3. NVST
4. RDUS
5. ZUMZ

Sells

1. ATRC
2. BOOT
3. SCCO
4. SIVB
5. WD

Quick Crypto

A quick cryptocurrency update.

BTC – $53,652.11 (-1.15%)
DOGE – $0.05596 (-5.50%)
ETH – $1,793.15 (-2.79%)
LTC – $194.61 (-2.83%)

The post Stock Report for 2021-03-10 appeared first on Calico Fund.

Way too many for me to give detail on each one.

• ALTR
• AMBA – This one has done well.
• ARWR
• AX
• BG
• BPOP
• BYD
• CIT
• CNHI
• DAC
• DAR
• DE
• ENLC
• FCNCA
• FRHC
• HPQ
• HUBS – HubSpot. Ehhh…
• INSP
• LYFT
• NSTG
• NVEE
• NXPI
• PARR
• QADA
• RF
• ROKU – This one has done really well lately.
• SAIL
• SBGI
• SIX
• STNE – (StoneCo.) I have watched this one for about a year. Looks like a good one.
• TPR
• TRQ
• TWLO
• USPH
• VEDL
• VRTS
• WBT
• WMS
• XNCR

Sells

There are some favorites in here. Remember, it does not mean they are bad stocks. RATS is just signaling that there is a better time to hold them than right now. Buy them back later when the time is right.

• BPFH
• CKH
• HTH
• IMGN
• KRG
• KRNT
• PLUG
• TSLA

Quick Crypto

A quick cryptocurrency update. Key: Crypto – USD (24 hour gain/loss)

BTC – $46,386.59 (-1.42%)
ETH – $1,759.24 (0.79%)
DOGE – $0.068732 (-15.71%)

The post Stock Report for 2021-02-10 appeared first on Calico Fund.

Here’s what you’ve all been waiting for. If you could only pick 10 stocks for the day of February 9, 2021, these are those stocks. You are in and out in one day. RATS killed it yesterday with a 4.99% day. Check yesterday’s Pick 10 if you don’t believe me.

• APHA – Aphria
• CAN – Canaan
• DDD – 3D Systems
• EBIX – Ebix
• EXPI – EXp World Holdings
• HIMX – Himax
• IGMS – IGM Biosciences
• MSTR – MicroStrategy
• REGI – Renewable Energy Group
• SNDL – Sundial Growers

Oh, and crypto is on an incredible run. If one more company (like Tesla today), or city (like Miami is discussing), or some equivalent jumps into the fray, then Bitcoin (BTC) is literally off to the races.

Results:

• APHA: 25.13%
• CAN: 9.77%
• DDD: 5.67%
• EBIX: 4.54%
• EXPI: 7.23%
• HIMX: 1.06%
• IGMS: 1.87%
• MSTR: 22.14%
• REGI: -0.81%
• SNDL: 28.21%

Total: 104.81 points on 10 stocks
Average: 0.10481 or 10.481%

The post Pick 10 for 2021-02-09 appeared first on Calico Fund.

• Alliance Data (ADS) – May have reach up to the $110 range.
• AGCO (AGCO) – 3x since Covid. Got below $40 and is now above $120. Nice run.
• Align Technology (ALGN) – Fairly steady. Decent option.
• Canaan (CAN) – 1W up 58%. This could be the top of a doubling. It could also be the start of something great. China. Hardware. Your call. Could it be the old cup and handle?
• Cameco (CCJ) – I don’t like the charts, but it signaled. FYI.
• Coty (COTY) – If you look at the 5Y chart, COTY looks like it is on a downward slide to zero.
• Disney (DIS) – Have you kids buy it. I would like to see Disney figure some things out first. Regardless, it signaled as a buy.
• Cedar Fair (FUN) – This is the amusement park company responsible for my home town’s World’s of Fun. I will wait until it warms up and we aren’t distancing and wearing masks.
• G-III Apparel (GIII) – A tough buy based on the charts.
• Haemonetics (HAE) – Ehhh…
• MGM Resorts (MGM) – Are we all back to moving and gambling? If yes, then sure.
• Macquarie Infrastructure (MIC)
• Materialise (MTLS) – I am a big fan. The 3M, 1Y, and 5Y charts are great.
• NCR (NCR) – Tough guess. It has made up its lost ground. Now what?
• Cloudflare (NET) – 3M and 1Y look good. It’s in a great industry, cloud computing.
• Palo Alto Networks (PANW) – Good 3M chart. It’s up to you.
• Anaplan (PLAN) – Solid week. I want to like it more than I do. Probably not a bad play here.
• SeaWorld (SEAS) – Nice week. Basically made it back to its 1Y high.
• Shopify (SHOP) – I like this stock in general. I especially like Shopify when it signals as a buy. That gives me the best shot at the biggest part of its next run.
• Square (SQ) – Nice run. Good time to buy.
• Trupanion (TRUP) – This one continues to signal back and forth. We are at another buy. Look at the last 1M and you will see why we keep getting buys and sells. Is this where we resume the good 3M and 1Y run?

Sells

• AGYS
• BRKS
• CNR
• IART
• MAXR
• MRVL
• NEO
• NSTG
• QTRX
• RPD
• TSM
• TXG
• UMC
• ZLAB

Quick Crypto

A quick cryptocurrency update. Oh man! What a day! Thank you Elon, Tesla (TSLA), Snoop Dogg, and Gene Simmons.

BTC – $46,175.85 (19.55%)
ETH – $1,730.78 (7.51%)
DOGE – $0.080935 (15.37%)

The post Stock Report for 2021-02-09 appeared first on Calico Fund.

• BEAT (BioTelemetry) – I’m not convinced. Flat since 12/18/2021.
• BLDR (Builders FirstSource) – $10.91 on April 3, 2020. Currently at $37.76. It has been sideways for a few months, so maybe it is time to resume its run.
• JCOM (j2 Global) – 3M of 52.45%. This one could go.
• NMRK (Newmark Group) – Commercial real estate. Your call.
• REV (Revlon) – Looks like another GME runner.
• TRUP (Trupanion) – Is it getting ready to run again? It has been sideways for 1W and 1M, but 3M is 61.33%.

Sells

• AZZ
• BASFY
• BBIO
• BSMX
• CMD
• CPRI
• DVA
• EAF
• ESI
• EXPE
• HASI
• HEES
• JEF
• KALU
• LYB
• MCRI
• NHYDY
• OLN
• PARR
• PVH
• RP
• RRR
• SAN
• SHOO
• SPR
• TGI – I will call this one out for a friend.
• TRTN
• TTD
• VAC
• VALE
• VEDL
• VRTS
• WWD

The post Buys and Sells for 2021-01-28 appeared first on Calico Fund.

As I have watched TSLA over the last couple of days, I have seen its typical sideways pattern. The week shows a loss of 0.91%. That is unlike TSLA and especially after a 32% month and an 88% three month stretch.

Here are my thoughts. If we typically see 20 – 30% months for TSLA, then it is about time for another run. Sideways is not something TSLA does for very long.

Today there was a recall announcement. Actually, that came after hours last night. The two days prior the stock was basically flat or down. Monday brought us a nice run.

What’s next? I think tomorrow, Friday, will see the stock break out with reasonable gains. My thought is we will see something in the range of $860 – $875 at the close. Keep in mind that this stock is a darling of many of the Robinhood traders. They are itching for a run. As some of them took profits over the last few days, they will start to move in at the recently discounted price.

One last note, Monday is Martin Luther King Jr.’s Day. The market will be close. People will want their runs prior to a three day layoff. My thought is that TSLA will run tomorrow (1/15/2021).

The post TSLA Ready for Run? appeared first on Calico Fund.