Good morning Pete,

RKLB

Industrials strong D/W/M

Aerospace & Defense industry is also strong

Small 5-day end of year pause / pullback on below-average volume. Recent moves were 20 and 23 on mostly above-average volume.

Since Oct RKLB has been in a one-month cycle of buying followed by a one-month pullback, and now it is at the end of another month…

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Good morning Pete,

NEM (long)

Basic Materials sector: #1 for month, #1 for week, #4 for day

Basic materials is doing well as a sector right now and most stocks in the gold industry have been positive on the daily and weekly charts. After a 5-day pause, NEM closed around ATH on Friday with high volume, back at the level it was before…

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Hi John,

I have a question about opening a call on UAL as a level 1 options trader. It is currently sitting at ATH (Jan 2025 it hit the same level and didn’t hold it). SMA 20 is above SMA 50 and both are moving up. Since it is sitting at ATH, would it be best to approach it as a straight call and plan for 1-2 weeks? Not sure about the…

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Good morning Pete,

TNDM

Healthcare / Medical Devices

Healthcare #1 D, #2 W, #1 M

Overall: Broke downtrend on 06 Oct, then flat until earnings. Bullish climb since earnings.

Earnings: Last earnings 06 Nov. Better than expected sales results nad sales guidance. Gapped up following earnings, maintained bullish for past two weeks with one…

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Good morning,

PBF

Energy sector – #10 day, #1 week, #1 month

Earnings was 30 Oct, since then $8 move

Strong resitance on monthly chart at 48, then at 54, and ATH at 58.

Month, week, daily all green, all trending upward

Moving averages in harmony and trending upward

Peers: CI, DINO, DK, DKL, PARR (all in energy sector, same price range)

Yesterday…

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Hi John,

I have some questions about getting started with trading a real account. So far, I’ve just been doing paper trading. I have an account set up with $5000 and as a level 1 options trader I am only able to do covered calls and puts. I recently saw the video you uploaded on YouTube about trading ETFs, so I started looking into…

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Good morning Pete,

RKLB

Industrials / Aerospace & Defense

Industrials #5 for month, #7 for week, #8 for day. It’s not the greatest, but many of the aerospace stocks have been performing well.

Recent good price action on above-average volume, recent pauses have been on lower volume, gap up followed by pause last week. Green candle yesterday.

SMA 20…

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Good morning Pete,

MP

This may be a buy the news event. Although it pulled back Friday afternoon, it still finished up 8.5% for the day. I expect MP will be fairly immune to the announcement from China about restrictions on rare earth minerals.

MP has been very strong recently, increasing 4x since June. It does look like it has been trading in…

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Good afternoon,

STNG

Entry 27 Aug at 49.43 after three-day pause at 49.05.

Added shares 05 Sep at 52.47, 08 Sep at 55.87, and 08 Sep at 58.18

Sold 08 Sep at 58.72

Went into this as a swing trade. Monday morning it gapped up, mainly on news that it had secured a five-year contract for its newest tanker. Bank of America upgraded it from Neutral…

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Good morning Pete,

MU

Technology / Semiconductors

Technology bullish for month / day, slightly bearish for week. MU has been bullish since Apr.

Peers: ADI, MCHP, ON, AVGO, ALAB

News: MU has committed $200 billion to US chip manufacturing

Three day bullish pause at previous (2024) resistance level after $20 move. Looking for it to start…

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