{"id":76560,"date":"2024-12-02T09:04:17","date_gmt":"2024-12-02T14:04:17","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=76560"},"modified":"2024-12-02T09:04:17","modified_gmt":"2024-12-02T14:04:17","slug":"scott-redler-red-wulf","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2024\/12\/02\/scott-redler-red-wulf\/","title":{"rendered":"I Chose THIS Bitcoin Play"},"content":{"rendered":"

Brought to You By Scott Redler's Power Plays – Get My #1 Idea Every Week.<\/span><\/a><\/b><\/p>\n

SPX<\/strong> futures are flat and off the lows as we see if we can hold 5984 this week to keep upper commitment to this active sequence which started on September 11. Each week has a different feel. It\u2019s a new month so we should get some new flows to keep upper levels intact.<\/p>\n

Markets are pricing in a 65% chance of one more 25 bps cut on 12\/18, so this Friday's jobs report will be important. We still get some news\/developments out of the incoming President. Mexico\/Canada tariff risks seem reduced, and the BRIC countries will stay with the US Dollar.<\/p>\n

Now let's dig into strategy points for this week.<\/p>\n

Bitcoin<\/strong> became my #1 theme on October 11. It had a beautiful move from $62Kish to $99k+. We participated along the way in Power Plays\u00a0via multiple names.<\/p>\n

On Friday, I added Bitcoin miner TeraWulf (WULF) back to<\/strong> Power Plays<\/a><\/span>. Stanley Druckenmiller just upped his stake. And as long as it holds the $6 to $6.40, there could be very big upside in this one. So you can call me “RED WULF” this week, as long as this stock holds up of course!<\/p>\n

TSLA<\/strong> re-built nicely last week and perked up Friday. I did get long shares again and went with $360 calls. It was upgraded this morning with more FSD rollout talk. We'll see if early strength builds.<\/p>\n

AAPL<\/strong>: I\u2019ve been buying dips the past few weeks as it re-built and worked higher. On Friday, it cleared $235 to see $237.81. It seems like this can rally into year-end. $233 needs to hold.<\/p>\n

CCJ<\/strong> is the best-in-breed uranium play for institutions. The 50-day was buyable into the $50-$52 area and it hit $61ish. It needed to let the 8-day catch up and $57.11 held. We'll see if it tries for new highs again. Keep this on your radar.<\/p>\n

\"\"<\/a><\/p>\n

Featured: Join Scott Redler's Plays for $99<\/strong><\/h3>\n

Get Scott's #1 idea each week.<\/p>\n

That's 52 weeks for just $99. (not a typo)<\/p>\n

Be on the list for the next idea:<\/p>\n

See why now's the right time to join.<\/a><\/strong><\/span><\/p>\n

Your Tip for This Week: Don\u2019t Try to Fix Monday\u2019s Losses on Tuesday<\/strong><\/p>\n

Every day is a fresh start.<\/p>\n

As traders, we must maximize the opportunities that are in front of us in the present moment.<\/p>\n

Forget about what happened yesterday, and don\u2019t obsess over what may happen tomorrow.<\/p>\n

Let\u2019s say you have a bad Monday. Don\u2019t come in on Tuesday thinking you have to make up for it.<\/p>\n

You won\u2019t be able to manage risk because you\u2019ll be trading out of desperation.<\/p>\n

We all have rough stretches. But if we follow our principles and enter every day with a plan, our good days will outweigh the bad.<\/p>\n

Just take it one day at a time.<\/p>\n

On the flip side, if you make a fortune on Tuesday, don\u2019t get lazy on Wednesday!<\/p>\n

Stick to your plan and make the most out of what you see.<\/p>\n

There's no reason you can't do better tomorrow.<\/p>\n

This Week's Calendar<\/strong><\/p>\n

The jobs report this week is key because there is some uncertainty over the Fed's rate cut trajectory. And tech names CRM and MRVL will be closely watched as well.<\/p>\n

\"\"<\/p>\n

P.S.<\/strong> Don't forget to check out Scott Redler's Power Plays!<\/a><\/strong><\/span><\/p>\n

*Scott Redler Positions Disclosure as of 2024-12-02 at 7.56.58\u202fAM<\/em><\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Brought to You By Scott Redler’s Power Plays – Get My #1 Idea Every Week. SPX futures are flat and off the lows as we see if we can hold 5984 this week to keep upper commitment to this active sequence which started on September 11. Each week has a different feel. It\u2019s a new month so we should get some new flows to keep upper levels intact. Markets are pricing in a 65% chance of one more 25 bps cut on 12\/18, so this Friday’s jobs report will be important. We still get some news\/developments out of the incoming President. Mexico\/Canada tariff risks seem reduced, and the BRIC countries will stay with the US Dollar. Now let’s dig into strategy points for this week. Bitcoin became my #1 theme on October 11. It had a beautiful move from $62Kish to $99k+. We participated along the way in Power Plays\u00a0via multiple names. On Friday, I added Bitcoin miner TeraWulf (WULF) back to Power Plays. Stanley Druckenmiller just upped his stake. And as long as it holds the $6 to $6.40, there could be very big upside in this one. So you can call me “RED WULF” this week, as long as this stock holds up of course! TSLA re-built nicely last week and perked up Friday. I did get long shares again and went with $360 calls. It was upgraded this morning with more FSD rollout talk. We’ll see if early strength builds. AAPL: I\u2019ve been buying dips the past few weeks as it re-built and worked higher. On Friday, it cleared $235 to see $237.81. It seems like this can rally into year-end. $233 needs to hold. CCJ is the best-in-breed uranium play for institutions. The 50-day was buyable into the $50-$52 area and it hit $61ish. It needed to let the 8-day catch up and $57.11 held. We’ll see if it tries for new highs again. Keep this on your radar. Featured: Join Scott Redler’s Plays for $99 Get Scott’s #1 idea each week. That’s 52 weeks for just $99. (not a typo) Be on the list for the next idea: See why now’s the right time to join. Your Tip for This Week: Don\u2019t Try to Fix Monday\u2019s Losses on Tuesday Every day is a fresh start. As traders, we must maximize the opportunities that are in front of us in the present moment. Forget about what happened yesterday, and don\u2019t obsess over what may happen tomorrow. Let\u2019s say you have a bad Monday. Don\u2019t come in on Tuesday thinking you have to make up for it. You won\u2019t be able to manage risk because you\u2019ll be trading out of desperation. We all have rough stretches. But if we follow our principles and enter every day with a plan, our good days will outweigh the bad. Just take it one day at a time. On the flip side, if you make a fortune on Tuesday, don\u2019t get lazy on Wednesday! Stick to your plan and make the most out of what you see. There’s no reason you can’t do better tomorrow. This Week’s Calendar The jobs report this week is key because there is some uncertainty over the Fed’s rate cut trajectory. And tech names CRM and MRVL will be closely watched as well. P.S. Don’t forget to check out Scott Redler’s Power Plays! *Scott Redler Positions Disclosure as of 2024-12-02 at 7.56.58\u202fAM<\/p>\n","protected":false},"author":4,"featured_media":75075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[736],"tags":[],"class_list":["post-76560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-scott-redler-dog-bytes"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/76560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=76560"}],"version-history":[{"count":1,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/76560\/revisions"}],"predecessor-version":[{"id":76563,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/76560\/revisions\/76563"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/75075"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=76560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=76560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=76560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}