Looking through my favorite growth stocks… the companies that are already profitable with the strongest fundamentals pulled back to their 50d moving averages $UPST $FUTU $CELH
…while the companies that are unprofitable with a longer term investment thesis have pulled back to their 200d moving averages
Overall, charts are starting to look more constructive but earnings season will be important to determine where we go from here.
$NIO is another one that has pulled back to the 200d
$CLPT has only pulled back to the 50d which is bucking the trend from other high-growth small caps that won't be profitable for another couple years.

If I wasn't already loaded up with $CLPT this might be a nice place to start adding with a stop loss in case it breaks below.
The $CLPT chart looks cut off so here's a better look chrt.biz/CLPT/190749b8c…
Here's a better $NIO chart with the 50d added chrt.biz/NIO/190749b9to…

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More from @JonahLupton

2 May
Today at 2pm EST I'll be participating in a @TwitterSpaces with 11 other people/investors.

Give them a follow:
@TheMarkCooke
@Matt_Cochrane7
@tpsojda
@jbs5
@KishinManglani
@alexkagin
@MaxTheComrade
@WOLF_Financial
@kingtutspacs
@FromValue
@aadhansen

I'll be talking $UPST
$UPST is one of my largest holdings and has been since December when I did my Substack writeup: jonahlupton.substack.com/p/upst-upstart

$UPST is up 167% YTD yet still 33% off the highs.
6 weeks ago $UPST reported Q4 numbers and shocked investors when they raised 2021 revenue guidance to $500+ million (probably conservative) due to an acceleration in their business and more bank partners.
ir.upstart.com/static-files/4…

This chart shows how $UPST ripped 3x in a week:
Read 14 tweets
29 Apr
Looks like $DMTK has added more details/information to their LuminateDNA.com website. I expect this product to launch in the second half of 2021.

LuminateDNA will help tens of millions of people around the world get a DNA skin analysis.
According to the recent $DMTK investor presentation the company believes Luminate could be their biggest product.
Just like their PLA/PLA+ products $DMTK is using their non-invasive genomics smart patch to remove skin cells...
Read 8 tweets
27 Apr
$DMTK (my second biggest position) is up 16% pre-market on reports that Cigna has offered positive support for $DMTK's PLA/PLA+ genomics patches for early melanoma detection

Cigna is one of the largest insurance companies in the world with 180+ million customers in 30 countries
This news about CIGNA was most likely made possible with two recent events which I already highlighted:

1) Launch of PLA+ investors.dermtech.com/news-releases/…

2) OptumInsight cost benefit study investors.dermtech.com/news-releases/…
Another thing to note is that UnitedHealth Group also uses OptumInsight for their data/studies so it's very possible we see $UNH provide support for $DMTK's PLA/PLA+ patches as well as their next two products: Luminate and Carcinome
Read 4 tweets
22 Apr
Yesterday I spoke for 55 minutes on @TwitterSpaces hosted by @WOLF_Financial about the markets, my favorite stocks, short selling and a bunch of other stuff.

You can listen here:
Here's my recent interview with @PaulAndreola from @smallcapdisc

You can watch here:
My recent interview with the CEO of @WeAreEnthusiast

My recent interview with the CEO of @DriveShift

My recent interview with the CEO of @LifeMD
Read 4 tweets
21 Apr
The last month has been very tough for small cap growth investors but I'm not hiding or going away. This is how we get better.

Tomorrow at 11am EST I'll be interviewing Justin Schreiber, CEO of @LifeMD (ticker: $LFMD)

Register to watch: zoom.us/webinar/regist…
Tomorrow at 11:45am EST I'll be doing a @TwitterSpaces with @WOLF_Financial

You can submit your questions at: docs.google.com/forms/d/e/1FAI…
Tomorrow at 1pm EST I'll be a guest on the @Estimize broadcast hosted by @Mamoon89

You can register at: eventbrite.co.uk/e/investing-in…
Read 4 tweets
19 Apr
I have no idea why $DMTK is down 14% today -- makes no sense. There is no news.

Volume is not that heavy and short interest is up to 25% so the bears/shorts are clearly running the show.
$DMTK is still one of my highest conviction stocks for the next 3-5 years. Adoption with dermatologists will be slow, just like it is for most new technologies but eventually $DMTK will be the standard of care. Dermatologists will use the patch before they use the scalpel.
I still believe $DMTK has enormous upside over the next 5+ years.

Don't forget that PLA is just their first product, they have more genomics smart patches coming to market later this year and next year that should be 10x bigger than the PLA product for melanoma detection.
Read 9 tweets

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