On Watch 06/09/20 From Dante

Check out my audio-blog series, where I narrate all my favorite blog posts for you guys. You can find that here. 

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NCLH: Insane moves. Think these are setting up like the airlines trade on Friday. Hoping we wake up to more gap 30+ and even an open shove would be great, and looking for the short 9:45am+

GNUS: Looking to short any strength into 6 area. If you can find the shares, this should continue to pay on short side.

SRNE: Unbelievable pump. CEO back on CNBC tonight touting a potential “miracle” drug…but the only miracle here is if this guy doesn’t end up in jail. Absolutely irresponsible for a) CNBC to have them on at all and b) to give the illusion their petri dish nonsense has any intrinsic value in humans at all (it will not) and is just going to be a very expensive lesson for anyone who believes in it. Ideally has some follow through higher towards 6 and looking to short any failed follow through from there.

Shoot me a message anytime in chat (DGTrading101 is my IU handle) and I’m happy to discuss your trade ideas with you. If you’re not an IU member and would like to become one, you can join us here.

See you out there!

– D