Good Morning
We are closing out an impressive year for the markets as we look forward to an exciting New Year ahead of us.
My message to you today is brief, but powerful.
The story below was found at http://www.moral-stories.org/knowledge and I have reprinted it below. The author is unknown.
A giant ship engine failed. The ship’s owners tried one expert after another, but none of them could figure but how to fix the engine.
Then they brought in an old man who had been fixing ships since he was a young. He carried a large bag of tools with him, and when he arrived, he immediately went to work. He inspected the engine very carefully, top to bottom.
Two of the ship’s owners were there, watching this man, hoping he would know what to do. After looking things over, the old man reached into his bag and pulled out a small hammer. He gently tapped something. Instantly, the engine lurched into life. He carefully put his hammer away. The engine was fixed!
A week later, the owners received a bill from the old man for ten thousand dollars.
“What?!” the owners exclaimed. “He hardly did anything!”
So they wrote the old man a note saying, “Please send us an itemized bill.”
The man sent a bill that read:
Tapping with a hammer…… …….. ……… $ 2.00
Knowing where to tap……… …….. …….. $ 9, 998.00
Effort is important, but knowing where to make an effort makes all the difference! Said another way:
Knowledge is power.
Apply knowledge in the right manner, and you can achieve massive success.
Knowing what steps to take and when to take them as you navigate the markets and the investments you put your hard-earned money into is the most important factor to your success. ** Educating yourself constantly is key. It is "your hammer." **
Just remember, everyone out there in the market carries a hammer. There are a lot of amateur traders/ investors who think they know how to swing it, but history shows most lose because of the lack of knowing where to strike with that hammer.
Fortunately, when you're a Pro Member of Alpha Wolf Trading we'll help guide you to hit the mark more often than not. Sure, there will be losses, but we'll work diligently to minimize them and help you swing with more accuracy than if you were on your own.
I appreciate your input, welcome your comments and as a team, we'll find 2018 to be a great investment/trading year.
Friday's economic calendar
1:00 PM Baker-Hughes Rig Count
SIFMA close 2:00 PM
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*Stocks to watch *
- VTVT potential red to green day trade or higher risk swing insider buying small floater
- VSI GNC Both beaten up names potential day trade opp bounce plays do not chase
- LIVE big mover yesterday potential red to green very tiny floater can be a pop and flopper do not chase
- QIWI pop yesterday off of a news letter mention gapping premarket thin floater look for intra day setup
- HMNY potential red to green continuation
- CRNT flirting with a 2 roll could be a decent day trade opp with volume
- RENN nice daily flirting with an 11 roll
- XXII the canabis sector is hot heading into Jan 1 Cali legalization could be a sell the news event but the sector is worth paying attention too XXII could be a day trade opp looking for a 3 test and roll..Legal marijuana arriving in California The biggest legal recreational marijuana market in America is finally ready to open its doors. Following the approval of Prop. 64, Californians will be able to the herb without a medical license starting on Jan. 1, with a 15% state excise tax - and additional state and local taxes - tacked onto every purchase. California plans to eventually collect an estimated $1B in annual tax revenue from the industry. Related tickers: OTCQX:ACBFF, OTCQB:AERO, OTCQB:AMMJ, OTCQB:APHQF, OTCPK:BLOZF, OTCQB:CANN, OTCQB:CBDS, OTCPK:CBIS, OTCQB:CVSI, OTCPK:ERBB, OTCPK:FBEC, OTCQB:GBLX, OTCPK:GRNH, OTCPK:GRSU, GWPH, OTCPK:HEMP, IGC, OTCQB:KSHB, OTCPK:MJNA, OTCQB:MSRT, OTCPK:MYDX, OTCQB:OGRMF, OTCPK:PHOT, OTCQB:PMCB, OTCQB:PNTV, OTCQB:RMHB, OTCQB:SGBY, SMG, OTCPK:SPRWF, OTCQB:SRNA, OTCQB:THCBF, OTCQX:TRTC, OTCPK:UBQU, XXII
- GAIN gapper Potential day trade opp
- MSRT pot penny play with PR good volume yesterday potential day trade higher risk
- SRNE nice looking daily potential 4 roll day trade opp
- GST AXAS two oil and gas plays to keep an eye on for potential day trade or higher risk swing on pull to support
- SBLK nice setup on the daily more of a swing type play
- BLCI has an event on Jan 8 letter from CEO out this morning potential bounce play off potential price support
