Intel - 10% Drop, $6000 Profits

It was a pretty easy signal to short Intel on a Thursday evening at around 9:47pm. The stock was weak as the hidden sellers were shorting heavily while the buyers retreated and gave way. After the US market closed, the earnings report kicked in where Intel's earnings were ok but the future outlook looked bleak which sent the stock tumbling down 10%! See all the news below.

https://www.marketwatch.com/story/intels-stock-plunging-toward-biggest-one-day-drop-in-11-years-2019-04-26?

https://seekingalpha.com/news/3454924-sell-side-shakes-intel-print-looks-h2

https://www.investing.com/news/stock-market-news/intel-forecasts-weak-second-quarter-cuts-fullyear-outlook-1846653

These news were all after the earnings report but the short selling was done on a Thursday before the earnings. To short before earnings is risky but if you know how to read BBs movements on simple charts and can study the big boys' volume activities, one is able to predict it's earnings and direction before the actual release of the report. That's what me and one of my student did. I was scanning stocks to short where I Whatsapp to my friend while my student shorted Intel where he made $6000 today using the skillset I taught him.

Intel, a stock which is ripe for sellers to take control started to show signs of weakness. At the peak, it gap up with exhaustion and then GAP down with sellers because there was a lot of unloading and profit taking at the top. It's a good feeling to be able to make prescient forward predictions but it's a better feeling to share my observation and knowledge to those who came for my talk in Malaysia today.

Intel Corp on Thursday cut its full-year revenue forecast and missed analysts' estimates for first-quarter sales for the data center business that has driven growth as PC sales declined in recent years, sending its shares down as much as 7.5%

Ronald K - A Game Changer

Micron Technology - Profits $1800

The US market had been very bullish lately as everytime when the market sold down, it resurrected and moved higher. However judging the supply and demand factor, it seemed as though the bulls were tired and the bears are coming soon for some selling. Hence, it's time to revisit some US stocks for trading. There are many counters for trading but one stock that is always in play would be Micron Tech. The stock had hit a supply zone lately in daily chart and in the 5 minute chart, it suffered profit taking and also touched the bearish wall zone.

It had been pretty tough to trade Micron since it's in a trading range but looking at the 5 minute chart for short term trading, there were plenty of opportunities. From the stock 3/4 bottom in the 5 minute chart and sold at the peak of $44, it's good profits considering the lot size is only 1500 shares. The high was $44.04 and the sold off price was $44 near the gap up. Looking forward to see more of such good trades.

Ronald K - A Game Changer

A Sushi Meal - A Great Start

Had some clean tasting Sushi last Saturday and it's one of the best Sushi I had ever tasted. It's clean and refreshing while the fish and raw pieces were very fresh. It's seldom that I don't work on a Saturday and hence I decided bring myself to a quiet place for some Sushi tasting. The interior design was great and the settings were very Japanese infused where the theme were mostly clean and zen like. Haven't had sushi for a long time at a peaceful environment, it's really time to wind down and take time to think and re-invent myself after many years in the business world and trading. I should let the young guys run the show instead. Looking forward to try the next Sushi restaurant soon.

Ronald K - A Game Changer

A Day Spent with Ronald K - Taking Time Off in Malaysia

Spent a day off last Friday. Not watching market, not doing work and not having any business meeting. It's one of the better days in my life where I got a chance to take a day off. As time is slowly winding down, I am slowly finishing my work and trades which I will be taking a long furlough from work and pursue some other interests of mine other than speaking and the stock market. However with that being said, I will still be in the market scanning and picking my own stocks for my personal trading.

This 1 day break in Malaysia was really important to me as it gave me a first hand taste of what's like not working and not doing anything. I will definitely be back after so many years of working and trading the market since I still love helping my students and others to achieve their own dreams. Here, you see me taking pictures of some of my favorite street food and those quiet places where I love to be alone. I will continue to eat well, read more books, study myself, expand my horizon, do better and get better. Last but not least, I will still do my own investment/trading.

Ronald K - A Game Changer

Apple, Micron, Nvidia - Swinging Up

Some of the us are still swinging Micron and Apple since both stocks continue to rise for the past few days. The chart has some mini profit taking but then the stock continued to show strength and moved higher. Both stocks are pretty resilient to market shocks since it's always moving and trending higher. Up about $3500+ USD and looking for the stocks to move higher. Study the minute chart and you will see many nice collections before the breakout happens.

Ronald K - A Game Changer

Apple, Micron, Apple Materials - Profits Locked In

Another good day in the US stock market last evening as many tech stocks ran again. Apple, Micron, Applied Materials all shot up and they continue to run without borders. Knowing that the stock ran, like I mentioned, we bought those stocks a few days back BEFORE all the good news and used yesterday's bullishness to sell on the good news to lock in profits. The market had reached the supply zone and I think it's wise to lock in profits first to see it's next development. Many good news came in over these past 2 days and I am getting cautious on the market now. The volume swelled and many retailers are chasing, it's time to get out for the short term. Moving to the next trade.

Ronald K - A Game Changer

Micron, Applied Materials - $4800+

Like what I mentioned in my last post, it's really a touch month for March as many times the stock we traded would almost trigger my cut loss but it reversed in the end with profits. So tonight is the night we locked in profits first because the last few days had been pretty tricky where we traded Micron and Applied Materials last week and the stocks went down $1-$2 first before resurrected and rebounded back up. Hence, since the market is bullish today, I used it as a alibi to lock in profits and made some good profits. Both stocks gap up for the past 2 days as they belong to the semiconductor sector and both stock currently hit the supply zone. I decided that I don't want more stress and hence decided to lock in profits for good. Congrats everyone who traded with me!

Ronald K - A Game Changer