Market Talk
So here we are into the second week of 2021. What's changed from "last year" and where are we now and where are we going? There's a saying that comes to mind - to hell in a hand basket?
grammarist.com ..
"To go to hell in a handbasket means to go to one's doom, to deteriorate quickly, to proceed on a course to disaster. The phrase go to hell in a handbasket is an American phrase which came into general use during the American Civil War, though its popularity has spread into other countries."
"To go to hell in a handbasket means to go to one's doom, to deteriorate quickly, to proceed on a course to disaster. The phrase go to hell in a handbasket is an American phrase which came into general use during the American Civil War, though its popularity has spread into other countries."
Ok, well if in stocks, let's just settle down and take one day at a time, with a plan. Ya gotta have a plan man. When we happen to get a nice gain, take some gain while ya can and maybe keep some long shares if the stock warrants it.
Stock Talk
Let's look at a stock brought up here when it was about 16 bucks. CleanSpark, just 3 weeks ago. Since then, the stock more than doubled. Now people, it does seem like a pretty nice pick in the sweet spot of renewable energy sector and Bitcoin mining. But, it's still "a stock" - and it has people in it that bought at under 3 bucks a share ! Do you think they are not going to take some profit? So I am saying, when you get a nice gain like "a double", as Cramer says time to think "ring the register on some"! Then watch it and maybe trade back in if opportunity comes.
If interested, see previous posts by scrolling down or the sidebar. The new year is here. "Some" may work to see.
and dry $ powder.
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ALL in my humble opinion, scroll down and read more..This site does NOT make Buy / Sell recommendations.
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