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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. 

XHB and related stocks also faded quite a bit from their early jumps. 

REX in an extended bull

Posted by mastermind on 3rd of May 2024 at 01:44 pm

REX in an extended bull flag after its surge. In fact, I'm starting to get impatient with it, but hanging in there. 

Encouraging that the NAS and

Posted by mastermind on 3rd of May 2024 at 01:25 pm

Encouraging that the NAS and S&P have held or recovered near their highs, not encouraging that the IWM and XBI have faded and not rallied back yet. 

I do trade a lot

KISS systems heads up

Posted by mastermind on 3rd of May 2024 at 01:22 pm

I do trade a lot of IBD stocks and use the KISS tables to guide me when they are on there. I have gotten several onto the MISC list, but the IBD 50 changes every week, sometimes chasing performance, so you have to be selective. 

Or use IBD as the

KISS systems heads up

Posted by mastermind on 3rd of May 2024 at 12:30 pm

Or use IBD as the tie breaker. 

Looks like scary action to me. 

Very likely IBD follow-through day

Posted by mastermind on 3rd of May 2024 at 12:05 pm

Very likely IBD follow-through day today, confirming a rally.

My old company. That is,

STM

Posted by mastermind on 2nd of May 2024 at 04:49 pm

My old company. That is, they bought my old company and I stayed on for about a year after. 

Well, should've held through earnings

CVNA +34

Posted by mastermind on 1st of May 2024 at 05:05 pm

Well, should've held through earnings this time. 

Sold CVNA, not having a

Posted by mastermind on 1st of May 2024 at 03:40 pm

Sold CVNA, not having a lot of confidence in their earnings, which I think are after hours today. 

Honestly I think your problem is that you only look at the market from one perspective, and that is with a bearish bias. You need to be flexible to the market direction. I have the opposite problem in that I'm a much better bull than bear. So I try to be open to the bearish perspective of others and take advantage of the opportunities that are offered. 

I have a job too

SPX 10m

Posted by mastermind on 1st of May 2024 at 03:15 pm

I have a job too and I never day trade. But you can still profit here by following longer term plays, like the STS tables or the automated system trades. 

Don't listen to what he says. Just watch the charts. They don't always correspond as you might expect. 

Boring days are fine when I’m in Hawaii, but I didn’t find my 3% gain today to be boring.

Might just get a buy

Posted by mastermind on 26th of Apr 2024 at 03:24 pm

Might just get a buy on ANF too, defying the bears.

Anticipating an NVDA buy on

Posted by mastermind on 26th of Apr 2024 at 03:19 pm

Anticipating an NVDA buy on the STS today. Well, I  bought back in anyway.

As I thought, IBD wants

Posted by mastermind on 23rd of Apr 2024 at 07:28 pm

As I thought, IBD wants to see a follow-through day starting day 4 of the rally attempt, or Thursday, before they will consider it a confirmed rally. 

FUTU looks good enough I

FUTU, AQST

Posted by mastermind on 23rd of Apr 2024 at 07:17 pm

FUTU looks good enough I bought AH. I was already considering it from IBD's Stocks on the Move. 

AEYE up 11% after hours

Posted by mastermind on 23rd of Apr 2024 at 07:11 pm

AEYE up 11% after hours on earnings. I sold some, but still holding most. 

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