Sunday, April 28, 2024

Nanepashemet Protest

 Our Demands….

💥Free the Israeli Hostages.
💥Free the J6 Political Prisoners.
💥End Election Interference Lawfare.
💥Stop Liberal Fascism.
💥 End MSM state sponsored propaganda.

Tuesday, April 09, 2024

Simulated Trading Frustration

 I've been practicing with the IBRK paper trading sim system until my trading account is funded this week.  The trades are slow and not responsive to the Buttons and Hot Keys.  Very irritating and contrary to a simulated trading session that mirrors the really situation.  Hopefully this will not be the same on Thurs. when live trading resumes.

The share sizes will be kept low.  10 shares at most until profitable patterns emerge.  Hopefully, the MACD and BB Band strategy will prove to be the ticket to successful trades.  Looks promising, but only the real deal will tell.



Sunday, April 07, 2024

Day Trading.... At the Brink

 The MOAM has neglected the Nanepashemet Blog lately as I have taken my attention to learning the nuances of Day Trading during the last three months or so since the beginning of the year.

As you may know, health issues and generally stuff that affects people who have aged have beset me.  I had thought that I was immune to the things that catch up with normal people as time rolls on.... but my doctors have told me differently. About a year ago, I fell carrying tools out of the shed and landed on the driveway asphalt with my shoulder bearing the brunt of the mishap.  Although the pain was bearable, the shoulder wasn't, and my mobility and strength was impaired.  

Dr. Ryan Churchill of the Mass General Hospital operated and pinned it back together..... but it crimped my efforts to keep the remodeling business active.  Then I got diagnosed with prostate cancer.

My Urologist, Dr. Michael Kearney, didn't seem concerned as be caught this in early stages and over the next few months, we set in motion radiation treatments designed to zap the offensive cells away from my private areas.  I anticipate this will restore the normal vitality that the MOAM has enjoyed through out his extraordinary lifespan.

Needing to replace the construction business cashflow with something more passive was the new challenge.  I first looked to this pathetic Blog to place advertising and create a flow of income, but no dice.  Even though the viewership increased, the revenue didn't respond in kind.  

I then tried to sell stuff with affiliate marketing efforts through Amazon and Esty.  No luck there either.

Somehow, Day Trading caught my attention.  Here was something that I could do to create an income without physical activity and attention to a marketing area and workspace.  No insurance or license requirements either.  So, I moved around some money from my 401k to meet pattern trading rules and started trading.  

For a while, it was downhill with a cumulative loss of three thousand dollars or so.  Then, in two Days, I gained it all back and then some.  Seemed like the MOAM was headed for the land of Milk and Honey.  But that was short-lived, and I found out how fickle the stock market can be with a new series of setbacks. 

I stepped back and changed my trading platform to Interactive Brokers (IBRK) and began intensive examination of market indicators like Bollinger Bands and MACD patterns. And I followed the advice of a trader in YouTube named Ross Carmeron, who showed me the types of stocks that would be best for the style of scalp day trading that I have been pursuing.

Next week, my account will be up to a level to begin live trading and chase a weekly profit goal.

Day Trading is not for everyone.  But I have immersed myself in the nuances and conditions of this, and and am optimistic that I can turn this into the type of cash return that befits the standard of living that the MOAM has been accustomed to.

Will give you details of how this transpires.....






Saturday, February 24, 2024

A.I. Generated this post about shopping at Costco - we are Screwed

 Shopping at Costco: A Journey Through Abundance and Community


In the ancient land of Nanepashemet, where the whispering winds carried tales of the moon and the rivers sang songs of abundance, there existed a place unlike any other—the great emporium known as Costco. Gather 'round, dear readers, as I weave for you a tale of shopping, camaraderie, and bulk-sized wonders.

The Gathering Place

Costco, nestled amidst the rolling hills of modern-day Danvers, Massachusetts, beckons travelers from far and wide. Its doors swing open, revealing a treasure trove of goods—stacks of bounty that would make even Nanepashemet himself raise an eyebrow. The air hums with anticipation, and the scent of freshly baked muffins dances through the aisles.

The Dance of the Carts

As shoppers enter, they grasp their chariots—the mighty shopping carts—each one a vessel for dreams and practical necessities alike. These metal steeds glide across the polished floors, their wheels singing a harmonious tune. The rhythm of footsteps blends with the clatter of bulk cereal boxes, creating a symphony of commerce.

The Art of Sampling

Ah, the sampling stations! Here, the gods of taste bestow their blessings upon the hungry pilgrims. A morsel of cheese, a sip of organic juice—these are the offerings that fuel the journey. Nanepashemet’s descendants gather, their eyes alight with delight, as they sample and nod in approval. “Verily,” they say, “this smoked salmon is fit for a sachem!”

The Quest for the Perfect Rotisserie Chicken

Behold the rotisserie chicken—a golden orb of succulence, spinning on its spit. Shoppers circle like hungry wolves, drawn by its aroma. “Two for the price of one,” proclaims the sign, and hearts swell with joy. Nanepashemet himself would have traded his finest wampum for such a deal.

The Great Pallet Hunt

In the cavernous aisles, shoppers seek the elusive pallets—the towering stacks of bounty. “Behold,” cries one, “a year’s supply of paper towels!” Another discovers a mountain of avocados, ripe and ready for guacamole feasts. And lo, the oversized teddy bears—companions for lonely nights or grand feasts.

The Fellowship of the Checkout Line

At the checkout, a fellowship forms. Strangers become allies, sharing tales of savings and discoveries. “Did you see the colossal jar of pickles?” asks one. “And the industrial-sized Nutella?” replies another. They exchange knowing glances, for they are bound by the Costco code: “Thou shalt buy in bulk and rejoice.”

The Farewell

As the sun sets over the parking lot, shoppers emerge, laden with treasures. Their carts overflow with bounty—gallons of olive oil, towers of toilet paper, and a lifetime supply of granola bars. They nod to one another, their hearts full. “Until next week,” they say, “may the spirits of Nanepashemet guide our way.”

And so, dear readers, let us honor the legacy of Nanepashemet as we navigate the aisles of Costco. For in this modern-day emporium, we find not just goods, but a sense of community—a place where abundance and camaraderie intertwine like the rivers of old.

May your carts be ever full, your samples divine, and your rotisserie chickens perfectly seasoned. And remember: Nanepashemet smiles upon those who buy the 96-pack of toilet paper.


Note: This blog post is a whimsical tribute to the spirit of Nanepashemet and the joy of shopping at Costco. Any resemblance to actual historical events or sachems is purely coincidental.

Saturday, February 17, 2024

Stocks to Day Trade

 

Most Active Stocks on the NYSE

  1. Facebook, Inc. (FB): Facebook remains a heavyweight in the tech sector. Its active trading volume keeps investors engaged, especially given its global reach and influence.

  2. General Electric Company (GE): Despite its ups and downs, GE continues to be a prominent player. Its diversified business lines contribute to its active trading status.

  3. Ford Motor Company (F): The automotive giant Ford consistently attracts attention. With electric vehicle developments and strategic partnerships, it’s a stock to watch.

  4. Bank of America Corporation (BAC): As a major financial institution, Bank of America’s stock sees significant daily trading. Economic indicators and interest rate changes impact its performance.

  5. American Airlines Group Inc. (AAL): The airline industry’s revival post-pandemic has put American Airlines in the spotlight. Fluctuations in travel demand affect its trading activity.

Remember, the most active stocks can change rapidly based on market dynamics, news, and investor sentiment. Always stay informed and adapt your strategy accordingly. 🚀💡

References:

  1. NYSE Market Today: Top Gainers, Losers, and Most Active Stocks1
  2. MarketVolume: Most Traded Stocks - NYSE2
  3. TradingView: Most Active US Stocks3
  4. Yahoo Finance: Most Active Stocks Today4

Day Trader


The MOAM's new passion is Day Trading.  Today, let’s explore the exhilarating yet treacherous world of day trading. Whether you’re a seasoned trader or just dipping your toes into the market, understanding the challenges is crucial. So, grab your virtual life jacket, and let’s set sail!

What Is Day Trading?

Day trading involves buying and selling securities rapidly, often within the same trading day. The goal? To profit from short-term price movements. Sounds enticing, right? But beware—the waters are choppy, and the risks are real.

The Thrill and the Peril

1. High-Risk, High-Reward

Day trading is like riding a roller coaster. The highs can be euphoric, but the lows can leave you queasy. The potential for quick profits is tantalizing, but it comes with a price: risk. If your decisions go awry, losses can pile up faster than a snowball rolling downhill.

2. Market Noise

Imagine sailing through a storm with foggy glasses. That’s day trading. Market noise—external factors unrelated to your investments—can suddenly alter the course. News headlines, geopolitical events, or a celebrity tweet can send ripples through the market, affecting your positions.

3. Time and Commitment

Day trading demands dedication. It’s not a casual hobby; it’s a full-time job. Monitoring charts, analyzing data, and executing trades require relentless focus. If you’re not all in, the waves might sweep you away.

4. Commissions and Gearing

Every trade comes with a cost—commissions. These fees nibble at your profits. And if you use leverage (borrowed money), tread carefully. Leverage amplifies gains but also magnifies losses. It’s like surfing a giant wave—you catch the ride, but wipeouts can be brutal.

5. Emotional Roller Coaster

Picture this: You’re up one moment, down the next. Fear, greed, and adrenaline dance around like gusty winds. Emotional decisions can sink your ship. Having an exit plan—a lifeboat—for each investment helps you stay rational when emotions run high.

Navigating the Waters

1. Know Thyself

Before setting sail, know your risk tolerance. Are you a daredevil or a cautious navigator? Establish a strategy, set limits, and stick to them. Losing money is part of the journey; just make sure it’s within your comfort zone.

2. Read, Read, Read

Stay informed. The market is a tempestuous sea. Read financial news, study charts, and understand market trends. Knowledge is your compass.

3. Patience Pays Off

Don’t jump at every ripple. Wait for the right wave. If the situation doesn’t meet your criteria, stay anchored. There’s no obligation to trade if nothing looks appealing.

4. Exit Strategy

Imagine you’re on a treasure hunt. Each investment is a clue. Have an exit plan for every holding. It prevents emotional panic when you need to make rational decisions.

Conclusion

Day trading is like sailing uncharted waters. It’s thrilling, but it demands skill, resilience, and a dash of luck. So, fellow traders, hoist your sails, but keep your eyes on the horizon. The challenges are real, but so are the rewards. Fair winds and following seas! 🌊⚓

Disclaimer: The information provided here is for educational purposes only. Consult a financial advisor before embarking on your day trading journey.1234


References:

  1. NerdWallet: Day Trading: Definition, Risks, and How to Start
  2. Quantified Strategies: Pros and Cons of Day Trading
  3. Investopedia: Day Trading Basics and How to Get Started
  4. Forbes Advisor: What Is Day Trading?

Wednesday, January 03, 2024

This Week's Launch

 

MOAM's Stock Picks of the Day

These fine companies are the stock picks for my swing trades for the day.  I can't sell these during the same day, or that would be a day trade, and I don't have a spare $25k in my account to qualify as a day trader because of securities laws.  So my plan is to hold these stocks and sell at a targeted exit price at the end of the week.  Already down by $70 bucks as of this blog post, but I'm pretty optimistic that these companies will  perform as well as possible to launch this prosperity quest.

SIDUS SPACE INC   -   SIDU

Sidus Space, Inc., a space-as-a-service company, engages in the design, manufacture, launch, and data collection of commercial satellite worldwide. Its services include satellite manufacturing; precision machining, assembly, and test; low earth orbit microsatellite; payload integrations; launch and support services; space-based data services and analytics; precision computer numerical control machining and fabrication; Swiss screw machining; wire cable harness fabrication; 3D composite and metal printing; and satellite deployment and microgravity testing and research services, as well as services related to electrical and electronic assemblies. The company also offers hardware solutions consisting of an external flight test platform to develop, test, and fly experiments, as well as delivers hardware, materials, and advanced electronics on the international space station; and space station integrated kinetic launcher for orbital payload systems. It serves commercial space, aerospace, defense, underwater marine, and other commercial and government customers. The company was founded in 2014 and is headquartered in Merritt Island, Florida. Sidus Space, Inc. is a subsidiary of Craig Technical Consulting, Inc.


AST SPACEMOBILE INC  -  ASTS

AST SpaceMobile, Inc., together with its subsidiaries, operates space-based cellular broadband network for mobile phones in the United States. Its SpaceMobile service provides mobile broadband services to end-users who are out of terrestrial cellular coverage. AST SpaceMobile, Inc. was founded in 2017 and is based in Midland, Texas


.ORGANOVO HOLDINGS INC  -  ONVO

Organovo Holdings, Inc., a biotechnology company, focuses on developing 3D tissues that recapitulate key aspects of human disease. Its 3D human tissue platform includes its proprietary NovoGen Bioprinters, which are automated devices that enable the fabrication of 3D living tissues comprised mammalian cells; and related technologies for preparing bio-inks and bioprinting multicellular tissues with complex architecture. The company offers ExVive 3D bioprinted human liver tissue with distinct hepatocellular and non-parenchymal cell compartments. The company was incorporated in 2007 and is headquartered in San Diego, California.

Hasta La Vista

 The MOAM has been spending a lot of time in learning Day Trading lately.  There is copious information on YouTube and elsewhere on this activity and since I have been sidelined with a couple of issues lately that keep me deskside, I might as well see how it is done.

How Hard can it be?

Quite a few cocky bastards are boasting how they make millions with their trades that anyone can do.... and the MOAM is "anyone".... so ergo.... I will soon be making millions too.

Will keep you in touch with how it is done, and I will never forget the little people that I will be stepping over in my quest to be a millionaire.

HASTA LA VISTA BABEEE!!!!