SMR may as well be ASMR for me this year - long at 34.16

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SMR may as well be ASMR for me this year - long at 34.16NuScale Power CorporationBATS:SMRredwingcoachI missed the signal on this one completely before the close, but it's a rare stock I'm willing to pay up for. SMR doesn't have a long enough track record for me to rank it among the stocks I have long histories on, but what I can tell you is that it has been an absolute BEAST for me all year. It has absolutely BLOWN AWAY every other stock I trade on both a total gain and per day held basis. The real fun started at the beginning of 2024 for this one, but I chose to only show the trades from this calendar year. Including the earlier ones would have just made these more incredible, though. Since Jan 1 of this year, I have gotten 13 signals on SMR. All 13 were wins and most were BIG. The AVERAGE gain per trade was +10.77% and the average holding period was 11 days. As you can see from the chart, though, that holding period was skewed mightily by that long Feb-May trade. But even with that, it has generated an absolutely absurd per day return of .96% per DAY held. That is almost 25x the average market daily return. When I get a minute, I'll go back and look at all the trades for this one and post a follow up note on the entire history of SMR. This one IS a little dangerous, though. It has a meme-stock quality to it that is a little unsettling and after doubling since the beginning of the year, it might be due for an even bigger correction than it's already had since July 25 (-34%). But as anyone who follows me already knows, having a method that can make money while a stock drops lets me sleep a lot better after I open trades like this one. The fact that it has already pulled back 34% makes it that much less worrisome. The presence of nearby support at 32.65 and 31.05 also make me less nervous, but make no mistake, these kind of stocks do not always respect support or resistance. I have made a ridiculous amount of money trading this one this year and I hope that continues. I do think a rate cut could juice things a bit, but this company loses money and has almost no revenues, so if you follow me on this and lose, don't say you weren't warned. This is NOT a value stock. Side note that makes this trade even more attractive to me - the option premium here is kind of absurd and it has weekly options, so if that entry lot drops, I can write calls if the trade drags on to generate some extra profit/lower my cost basis. This one is not for the faint of heart, though, so follower beware. I will add tactically (not recklessly) if opportunities present themselves, but my hope is for a quick fat bounce, as always. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.