The Wait Continues for Soliton Tattoo Removal

The wait continues for Soliton (SOLY) to turn promise into profits through the science and business of tattoo removal. Shareholder Letter Soliton recently released its first shareholder letter as a publicly traded company. The report discussed a lot of exciting progress on core technologies and product development, but the letter left shareholders little closer to … Read more

Fed Waffling and Trade War Expansion Reject Market from Overbought – Above the 40 (August 1, 2019)

The S&P 500 (SPY) lost 3.1% for the week. Buyers just barely pushed the index off its intraday low to on Friday to close above 50DMA support.

AT40 = 41.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 49.8% of stocks are trading above their respective 200DMAs VIX = 17.6 (high of 20.1)Short-term Trading Call: neutral Stock Market Commentary A Pause of Recognition I am writing about financial markets at a time when there is renewed pain … Read more

Oversold Conditions Loom As Indices Conveniently Test 200DMA Supports – Above the 40 (May 29, 2019)

AT40 = 25.2% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 39.3% of stocks are trading above their respective 200DMAsVIX = 17.9Short-term Trading Call: neutral Stock Market Commentary AT40 (T2108), the percentage of stocks trading above their respective 40DMAs, broke through 30% and closed at 25.2%. My favorite technical indicator is … Read more

How to Invest In Tattoo Removal: Soliton

Soliton (SOLY) is a research and development (R&D) company, also known as a “pre-revenue stage company”, specializing in a medical device using Rapid Acoustic Pulse (RAP) technology. The company licensed the technology from MD Anderson as a method for removing tattoos. Apparently the company also fortuitously discovered the potential for using its RAP device for fat … Read more