March 1,2022 Watchlist
MULN- EVs were hot yesterday but this one came with news. I think as the cost of oil spikes people are buying EV type stocks even though that might not be the smartest investment. Keeping an eye on this one and the rest of the EV sector
IMPP, INDO, CEI, ENSV- these stocks and the oil sector has been hot with everything going on in Ukraine but news has been coming out that the European leaders do not want to sanction the Russian oil and want to continue buying it so the price doesn’t sky rocket. I wouldn’t be surprised if Putin pulls from the deals to destroy these European countries energy supply but I not very confident if NATO is willing to go all the way on their sanctions. Not sure on how to play this sector anymore, looking for different opportunities
UEC- an uranium stock that has been up nicely in the few past trading day. I think we can see a situation where Europe briefly goes back to nuclear power to supplement the energy they get from oil. I personally think nuclear energy is a long term option but we need to harness the power of it and make sure or technology is up to date in the plants to prevent disaster from occurring.
NAT- Earnings winner and it keeps moving up closing near highs. A shipper stock and insiders are also purchasing. Also, a former runner
ALF- gapped up nicely, had a morning panic and a nice bounce off the lows. The rest of the day it was choppy. Might look for it to do it again. Not the best with bounces though
DSS- pumpish type of letter to investors, that highlights the changes of the company since 2019, and how they believe that 2022 will be their breakout year. Blatant pumping on the company side that led to a 200% intraday run. I’m definitely interested in seeing how far this one runs.
ATXI- went parabolic in afterhours from 30 to 90 cents
Other Stocks-TBLT, AEI, TPIC, NEPT, OEG and AQB
Overall Market- Peace talks between Russia and Ukraine has begun, Oil stocks are volatile and very choppy. NATO fails to sanction all of the Russian banks so that they can continue to buy Russian oil. Just pitiful that they are so reliant on their energy source. If they do end up sanctioning the oil sector in Russia than focus back to oil and energy play. Until then I’m back to looking for volatile breakouts on all sectors.
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