ConteXt, Not ConteNt, is King
First, a little housekeeping. You’re getting this email from my new email domain, but it’s still just me, Steven. I’ve had issues with sending from stockwarrantshq, so instead of trying to fix those I just went with a new domain that matches my new trading group…more on that below if you’re interested.
Second, let’s talk some stocks…and warrants…and trading.
If you’ve been reading any of my writing for a while, you know I don’t do politics in my trading talk, but if there is an opportunity to make money in something politically related I have no problem with it.
Enter former President Trump…and his SPAC, DWAC, Digital World Acquisition, or as of today, Trump Media & Technology, or, DJT.
If this isn’t one of the most meme worthy stocks to ever be brought public, then I’m too old to understand meme stocks. And meme worthy stocks mean volatility. As I told my discord group yesterday around 1pm, when the common stock was under $48 (we’ll talk warrants in a sec) “It may be just me, but I think this thing has the meme potential to explode higher.”
And explode higher it has…it went to over $79 today. The warrants have also moved up substantially, but, before you ask why they aren’t trading exactly in line with the stock…it’s the usual answer when a warrant isn’t trading in line…they aren’t yet exercisable.
The common and warrants will carry a ton of volatility going forward, and likely set up some great trading opportunities. Don’t be surprised if this unprofitable company, pops to $100 (or more) before it’s done. It’s CONTEXT in charge here…and memery can be a massive driver of stock prices, just ask former GME holders.
And, speaking of context, a topic we’ve covered in the Trade Your Edge group (again, see below), we have a couple of raging context storms right now that may impact a newly minted company in the coming days.
First, we have DJT, which apart from being tied to Trump, is a SPAC. And you know someone is out there combing the listings for the next SPAC deal to close since this one went ballistic. And what they’ll probably find is Andretti Acquisition Corp, or WNNR, which is expected to close in 2 days.
And, what does the company do that Andretti Acquisition is merging with…only the next biggest thing after Trump’s SPAC (at least this week, lol), AI. And if you’ve even begun to think AI moves are growing old, look no further than Astera Labs’ (ALAB) IPO last week. The stock traded from $50 last week to over $95 today.
Full disclosure, I’ve liked the WNNR/W deal from the beginning because of the AI aspect. So, it just happens to be closing the same week as the DJT rocket. I think the combo of AI and proximity in time to the DJT deal could turn WNNRW into…wait for it…a winner (couldn’t resist). At least on a short term trading basis. (WNNR will become ZPTA on the deal closing.)
Finally, sticking in the “context” vein, one we’ve been tracking for over a month Intuitive Machines, or LUNR (and LUNRW). NASA has an announcement scheduled for next week on who will build the Lunar Terrain Rover…the next moon buggy.
LUNR is on one of the teams bidding for the project…and in an interesting racing coincidence, as we just talked about Andretti, NASCAR is one of the team members of another group bidding on the project.
A little birdie tells me LUNR has a shelf offering ready to roll, so it may be a game of chicken, but LUNR and the W’s may continue to move higher into that NASA announcement.
That’s it for the stock and warrant updates. IF you are interested in joining a small group that talks a lot more about all things stocks/warrants/trading, keep reading, otherwise see you on the flipside.
Trade Your Edge
Over the past few years I’ve created courses on all things stock market related, technical analysis, options, candlestick trading, warrant trading, etc., etc., etc.
Those courses have sold for several millions of dollars and been bought by 10s of thousands. (If you’re one of those 10s of thousands, thank you!)
What I have not done, is ever provide a course in combination with direct access to me…until now.
Trade Your Edge is a group coaching membership where I’m able to not only provide weekly “course” material via video delivery, but also meet with the group as a whole each week via Zoom and drill down into the material. We do a weekly Zoom call at 5pm every Wednesday to go over the information I put out on Monday…usually a 15-25 minute video.
I also open up the floor to anything stock related…charting, trading approach, my favorite martini recipe…during those calls, and let the group put me through my paces. All the calls are recorded and made available to the group, just in case someone dares to miss the all important Wednesday Zoom…it’s quickly becoming a must see show, lol.
I follow that up with some information on Friday, answer any open questions on the topic of the week, send along some resources for those who wish to dive even deeper…and then we do it again each week.
All of the information is designed to be digestible during the week…one of the things that gave my courses 4.5 out of 5 star ratings by those thousands of generous folk, is my ability to make complex trading ideas simple, which is easy given how simple I am myself. I take great care to make the info learnable with just a small amount of time commitment during the week…we’re all busy enough as is.
So, that’s the deal. Feel free to email me with any questions, at stevenadams@tradeyouredgeacademy.com. If you’re getting this email you’re very likely a good fit for our little band, but I’m happy to answer any questions.
Here’s the link to join: