Is there a way to

NYSI systems working out

Posted by jonesy85 on 15th of May 2024 at 01:10 pm

Is there a way to automate these where we can get a text or email when there is a signal?

NKE ... Just sell it

Posted by mla127 on 15th of May 2024 at 12:45 pm

NKE ... Just sell it ...  

GM

Posted by mla127 on 15th of May 2024 at 12:43 pm

GM

All hail to Janet and her printer.  She's not going to allow a correction, much less a recession. That was very clear in the announcements about buybacks and a 20% surprise increase in issuance over a level most thought would be hard to beat. She blew the target out of the water like it was a bathtub rubber ducky instead of the largest issuance target in US history. It's been game on every day since...which makes perfect sense.

If you're middle class. Sorry. Maybe consider borrowing to top off assets exposed to currency dilution asset inflation. By my math, most people will need about 15x their annual income needs in assets benefiting from inflation to stay ahead of it (e.g. if you need 100k annually to live in today's dollars, then 1.5 million in assets, if well exposed to asset classes that benefit from inflation should keep you above water over the longer term. Below that and most likely you will eventually be reliant on the Gov). If the 15x assets to income is problematic, you need to be extra vigilant about staying on target with the assets that are inflating the most and switch when then inflation shifts.  But if you're working with a 400K portfolio and you have 100K is income needs and are retiring anytime soon, it's going to be tough to get to a place where you're not losing ground. It's just math. 

SHOT--this popped up on a

Posted by shellson2 on 15th of May 2024 at 12:35 pm

SHOT--this popped up on a micro-cap screener, double bottom potential. Volume is meh today. FWIW. Interesting niche they play in

QQQ

Posted by steve on 15th of May 2024 at 12:33 pm

QQQ - Chart Link - new demand zone formed

$SPX 10m ... 

Posted by mla127 on 15th of May 2024 at 12:33 pm

$SPX 10m ... 

So much for that break

Posted by icecoldjones on 15th of May 2024 at 12:28 pm

So much for that break in symmetry early April, the market didn't care and went right back new ATHs! Are there rocketship and moon emojis in this forum? LOL

Dell/SMCI: Their combined market cap

Posted by shellson2 on 15th of May 2024 at 12:27 pm

Dell/SMCI: Their combined market cap currently equals what Nvidia’s was in January of 2020. 

XLF ...    similar look

XLF ... tight ... 

Posted by mla127 on 15th of May 2024 at 12:16 pm

XLF ...    similar look for the Canadian one 

$VIX ... wonder if we'll

Posted by mla127 on 15th of May 2024 at 11:57 am

$VIX ... wonder if we'll see single digit VIX again ...  it's been pretty low for the past year on avg 

GDX

Posted by matt on 15th of May 2024 at 11:36 am

GDX - Chart Link- that pullback on the 60 min from the highs had a cup and handle look to it prior to today's breakout

GDX - Chart Link- daily

MSTR nice

Posted by matt on 15th of May 2024 at 11:34 am

US Dollar

Posted by steve on 15th of May 2024 at 11:32 am

$USD - Chart Link20/50 MA squeeze playing out with downside pressure

MSTR 1400 first target achieved

Posted by steve on 15th of May 2024 at 11:31 am

MSTR 1400 first target achieved - this was discussed in audio comments last week 

USO ... Nice rebound on

Posted by mla127 on 15th of May 2024 at 11:24 am

USO ... Nice rebound on oil  after inventory report 

NYSI systems working out

Posted by matt on 15th of May 2024 at 11:13 am

nah it's going to vary

ES breakout system working out so far

Posted by matt on 15th of May 2024 at 11:04 am

nah it's going to vary - it's not a hard set number, I think the initial stop is below a PSAR or ATR, which will vary in price

the breakout system is the one system that uses a stop initially out of the mean reversion systems, the mean reversion systems do not use a stop at first, until you get a mean reversion bounce. 

and I guess technically the breakout is not really a mean reversion system, I just have it with that mix. The breakout system has a ton of logic to it, one of the main things it uses for entry is the ADX with +DMI and -DMI - it looks for +DMI and ADX expansion 

BTC 2 hr - I'm

Posted by DigiNomad on 15th of May 2024 at 11:03 am

BTC 2 hr - I'm seeing an inverse H&S with a broken neckline.  Anyone have thoughts on the current wave count?  I think all the "not QE" announced last week effectively canceled the correction....at least it looks that way. 

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