Posted by shellson2 on 4th of May 2024 at 07:47 pm
PLAY---Dave & Busters, rumored to go live soon with social
wagering on their games (18 and over). This opens the door to
a plethora of opportunities. The App developer they partnered with,
Lucra, is private, but I would keep a watch on them. Chart basing
lately, but looks good to me for a swing.
Posted by mastermind on 3rd of May 2024 at 06:56 pm
FYI, follow-through day NOT confirmed by IBD because volume
actually decreased slightly from yesterday. Kind of surprising, but
maybe it's a Friday effect.
Posted by eddiegold on 3rd of May 2024 at 04:48 pm
I have 40% stake in
Dornoch.
Not the real one though (LOL) - a NFT in a project called
GameOfSilks (https://silks.io/). It does afford me 1% of the purse
(5M overall purse) if it wins IRL.
I also have
Regulatory Risk which races in the Kentucky Oaks in
about 1 hour time (1.5M overall purse).
Posted by DigiNomad on 3rd of May 2024 at 04:37 pm
Consider this - a "perfect" outcome for the central planners
right now would be able to print money, redistribute wealth
and DEFLATE asset prices at the same time (it's not as crazy as it
sounds...they really do want asset prices to go lower). That is
absolutely leftist policy outcome nirvana. It's completely
impossible in practice, because, umm...math and human nature
intervene... but that's how society ends up in these pickles time
and time again. Every culture that comes along thinks they can
print money, redistribute and not inflate...all of them, without
exception, throughout history...and it never ever ever works. But
they never ever ever stop trying.
*If they didn't want asset prices to go lower, they would
have eased interest rates a LONG time ago. It's a primary but
unstated goal at times like these.
I'll investigate more this weekend as I have the newsletter,
right now I have to run to an appointment
that said what I said yesterday still applies - this move could
just be wave C and SPX is still not even back to the 61.8% Fib -
and we are still below the ATR on the daily, so I'm still concerned
we could stall there
then again the Algos Steve follows is looking for new highs
again I gotta run - because the systems are long, I am long some
things too, I try to follow them. You guys either follow all or
most of the system trades or you don't
the stops will be at the lows for these daily charts, later on I
can post where the high performance intra day systems have stops
- as they went long 1 or a few days ago and thus have much
tighter stops, and are intra day smaller time frames
SPX vs HYG
Posted by matt on 5th of May 2024 at 12:38 pm
$SPX - Chart Link- one positive is that HYG made new highs and has been leading.
notice at the market lows when the SPX had a lower low, HYG had a higher low i.e. a positive divergence
NYSI 9 EMA
Posted by matt on 5th of May 2024 at 12:37 pm
$NYSI - Chart Link- crossed the 9 EMA on Friday - otherwise a confirmation needs a candle that closes above Friday's highs
Mystic Dan wins the Kentucky
Posted by morton7 on 4th of May 2024 at 09:58 pm
Mystic Dan wins the Kentucky Derby!!!
PLAY---Dave & Busters, rumored to
Posted by shellson2 on 4th of May 2024 at 07:47 pm
PLAY---Dave & Busters, rumored to go live soon with social wagering on their games (18 and over). This opens the door to a plethora of opportunities. The App developer they partnered with, Lucra, is private, but I would keep a watch on them. Chart basing lately, but looks good to me for a swing.
Now waiting on Dornoch
who do you like in the Derby tomorrow-
Posted by eddiegold on 4th of May 2024 at 02:17 pm
Now waiting on Dornoch
TYTY
who do you like in the Derby tomorrow-
Posted by eddiegold on 4th of May 2024 at 02:17 pm
TYTY
Congrats Eddie
who do you like in the Derby tomorrow-
Posted by steve on 4th of May 2024 at 10:01 am
Congrats Eddie
Nice
who do you like in the Derby tomorrow-
Posted by morton7 on 3rd of May 2024 at 09:20 pm
Nice
FYI, follow-through day NOT confirmed
Posted by mastermind on 3rd of May 2024 at 06:56 pm
FYI, follow-through day NOT confirmed by IBD because volume actually decreased slightly from yesterday. Kind of surprising, but maybe it's a Friday effect.
And Regulatory Riskis 3rd. so
who do you like in the Derby tomorrow-
Posted by eddiegold on 3rd of May 2024 at 06:10 pm
And Regulatory Riskis 3rd. so about 1500$ winning for me.
I have 40% stake in
who do you like in the Derby tomorrow-
Posted by eddiegold on 3rd of May 2024 at 04:48 pm
I have 40% stake in Dornoch.
Not the real one though (LOL) - a NFT in a project called GameOfSilks (https://silks.io/). It does afford me 1% of the purse (5M overall purse) if it wins IRL.
I also have Regulatory Risk which races in the Kentucky Oaks in about 1 hour time (1.5M overall purse).
silks.io
Game of Silks
Silks.io
CF weekly - ended the
Posted by foody518 on 3rd of May 2024 at 04:46 pm
CF weekly - ended the week in an interesting place...
+1
KISS systems heads up
Posted by eddiegold on 3rd of May 2024 at 04:41 pm
+1
Consider this - a "perfect"
Posted by DigiNomad on 3rd of May 2024 at 04:37 pm
Consider this - a "perfect" outcome for the central planners right now would be able to print money, redistribute wealth and DEFLATE asset prices at the same time (it's not as crazy as it sounds...they really do want asset prices to go lower). That is absolutely leftist policy outcome nirvana. It's completely impossible in practice, because, umm...math and human nature intervene... but that's how society ends up in these pickles time and time again. Every culture that comes along thinks they can print money, redistribute and not inflate...all of them, without exception, throughout history...and it never ever ever works. But they never ever ever stop trying.
*If they didn't want asset prices to go lower, they would have eased interest rates a LONG time ago. It's a primary but unstated goal at times like these.
The chart on the 401k
KISS STS tables updated
Posted by icecoldjones on 3rd of May 2024 at 04:14 pm
The chart on the 401k KISS Trend tab says it needs $5,170 to go back long, did it change?
only Diginomd and Yellen know I'll
KISS systems heads up
Posted by matt on 3rd of May 2024 at 04:14 pm
only Diginomd and Yellen know
I'll investigate more this weekend as I have the newsletter, right now I have to run to an appointment
that said what I said yesterday still applies - this move could just be wave C and SPX is still not even back to the 61.8% Fib - and we are still below the ATR on the daily, so I'm still concerned we could stall there
then again the Algos Steve follows is looking for new highs
again I gotta run - because the systems are long, I am long some things too, I try to follow them. You guys either follow all or most of the system trades or you don't
the stops will be at the lows for these daily charts, later on I can post where the high performance intra day systems have stops - as they went long 1 or a few days ago and thus have much tighter stops, and are intra day smaller time frames
Matt, it would be great
KISS systems heads up
Posted by te22 on 3rd of May 2024 at 04:04 pm
Matt, it would be great if you would express your view on whether this trade will be one of those "whipsaws". Thanks much and have a good weekend.
KISS STS tables updated
Posted by matt on 3rd of May 2024 at 04:04 pm
sending emails now
https://breakpointtrades.com/sts_table/?search=BPT_basket
SPX, SSO, SPY, UPRO, QQQ ended up going back long. So did the custom daily versions form the newsletters.
will either be a whipsaw or a nice trade, you never know.
thx for update
KISS systems heads up
Posted by jonesy85 on 3rd of May 2024 at 04:03 pm
thx for update