Meme stocks ... it's all fun and games ... until you're the ones
holding the bag ...
... it's not a loss... It's called
trading tuition .... we all have to pay it at some point
COST ... with yesterday's candle, I was expecting a follow
through so I raised my stops on the remaining pieces ... but so far
so good ... keep on shoppin' folks ... load up that cart like
there's no tomorrow as Costco shoppers seems to be doing every time
I drive by one of them ...
IREN - Chart Link- excellent pick by MLA the
other day, wasn't shown in last night's newsletter, was in my
Monday newsletter but I wanted to give kudos to MLA127.
TMDX - Chart Link- some of these trade ideas
that triggered 2 and 3 weeks ago continue to trend higher, simply
trail those stops up
Posted by DigiNomad on 16th of May 2024 at 04:29 pm
You would think there are a lot of instances since October 27th
when the RSI 14 has been at this level...I know I did. Turns out,
not so much. Rare readings after what was essentially a V bottom.
I want to create an indicator that automatically overlays QRA
announcement dates. Pretty wild what they have done over the last
year and it's likely to remain the all important secret sauce for
future currency dilution rallies.
They really should rename QRA to something more honest. I
mean, why not just call it what it is - the Quarterly Dilution
Announcement (QDA)? They literally tell the market exactly how much
they plan to dilute and the market reprices accordingly.
As you know, mid day I sent out an alert that I was exiting 1/2
of the open MES breakout system trade. ES is about 25 points lower
from that exit, too early to say if wave iv has started yet but it
also could have. Still have an open contract of course with
stop in place above entry
Meme stocks ... it's all
Posted by mla127 on 17th of May 2024 at 10:04 am
Meme stocks ... it's all fun and games ... until you're the ones holding the bag ... ... it's not a loss... It's called trading tuition .... we all have to pay it at some point
gold/silver stocks of course continue to push
Posted by matt on 17th of May 2024 at 10:01 am
EXK - Chart Link-
RGLD - Chart Link-
PAAS - Chart Link-
AU - Chart Link-
KGC - Chart Link-
COST ... with yesterday's candle,
COST
Posted by mla127 on 17th of May 2024 at 10:00 am
COST ... with yesterday's candle, I was expecting a follow through so I raised my stops on the remaining pieces ... but so far so good ... keep on shoppin' folks ... load up that cart like there's no tomorrow as Costco shoppers seems to be doing every time I drive by one of them ...
IREN, TMDX
Posted by matt on 17th of May 2024 at 09:55 am
IREN - Chart Link- excellent pick by MLA the other day, wasn't shown in last night's newsletter, was in my Monday newsletter but I wanted to give kudos to MLA127.
TMDX - Chart Link- some of these trade ideas that triggered 2 and 3 weeks ago continue to trend higher, simply trail those stops up
LU still one to watch, tightly coiled
Posted by matt on 17th of May 2024 at 09:50 am
LU - Chart Link- idea from Monday that hadn't triggered yet
VIX 2hr and daily
Posted by matt on 17th of May 2024 at 09:40 am
$VIX - Chart Link- some nice divergence on the MACD via 2hr time frame
$VIX - Chart Link- the daily had RSI 5 divergence
Today is Options Expiration Friday
Posted by steve on 17th of May 2024 at 08:55 am
Today is Options Expiration Friday
SPX 120 Map Updated
Posted by steve on 17th of May 2024 at 07:57 am
$SPX - Chart Link - the corrective view still remains a possibility depending upon the depth of the pullback (see Fibs)
Thursday Newsletter
Posted by steve on 16th of May 2024 at 06:01 pm
Thursday Newsletter
NAIIM exposure index actually dropped
Posted by rbreese on 16th of May 2024 at 05:39 pm
NAIIM exposure index actually dropped a little 91 to 89 area so people not fully invested yet around 105 area.
You would think there are
Posted by DigiNomad on 16th of May 2024 at 04:29 pm
You would think there are a lot of instances since October 27th when the RSI 14 has been at this level...I know I did. Turns out, not so much. Rare readings after what was essentially a V bottom.
I want to create an indicator that automatically overlays QRA announcement dates. Pretty wild what they have done over the last year and it's likely to remain the all important secret sauce for future currency dilution rallies.
They really should rename QRA to something more honest. I mean, why not just call it what it is - the Quarterly Dilution Announcement (QDA)? They literally tell the market exactly how much they plan to dilute and the market reprices accordingly.
ES breakout system
Posted by matt on 16th of May 2024 at 04:20 pm
As you know, mid day I sent out an alert that I was exiting 1/2 of the open MES breakout system trade. ES is about 25 points lower from that exit, too early to say if wave iv has started yet but it also could have. Still have an open contract of course with stop in place above entry
Just need a little ramp into the close .... we ...
Posted by shellson2 on 16th of May 2024 at 04:11 pm
a RED and daily bearish
Just need a little ramp into the close .... we ...
Posted by mla127 on 16th of May 2024 at 04:00 pm
a RED and daily bearish candle .... that's it .... i'm filling a complaint ... this is unacceptable
https://help.sec.gov/s/investor-complaint
help.sec.gov
webforms
Just need a little ramp
Posted by mla127 on 16th of May 2024 at 03:54 pm
Just need a little ramp into the close .... we can't close red ... come on skynet ...
Mag 7 insider selling, just
Posted by foody518 on 16th of May 2024 at 03:51 pm
Mag 7 insider selling, just saw this table in a ZH article, source from Bloomberg
Spike and fade URA and
Posted by ruidoso on 16th of May 2024 at 03:49 pm
Spike and fade URA and CCJ?????
Coin--rumors swirling that CME Group
BTC and COIN are trying to turn up
Posted by shellson2 on 16th of May 2024 at 03:45 pm
Coin--rumors swirling that CME Group with get into the crypto game
FUTU updated view
Posted by matt on 16th of May 2024 at 03:42 pm
FUTU - Chart Link haven't posted this in a while, been holding a position because of the weekly chart break about a month ago
nice rebound in BABA, nice continued move in YINN
Posted by matt on 16th of May 2024 at 03:38 pm
BABA - Chart Link-
YINN - Chart Link-