Posted by fluffycone on 15th of May 2024 at 01:59 pm
FAQ video link not working
I am reviewing the FAQ (again) and get to this question with a
link to a video. I click the link to the video and I get the
following message:
The Camtasia Studio video content presented here requires
JavaScript to be enabled and the latest version of the Macromedia
Flash Player. If you are you using a browser with JavaScript
disabled please enable it now. Otherwise, please update your
version of the free Flash Player by downloading here.
I click on the link to download the Flash Player and the Adobe
webpages states that the Flash Player is no longer supported:
Posted by DigiNomad on 15th of May 2024 at 01:43 pm
OJ teasing a long term break out, but the current candle has me
a little worried. It could definitely use a rest. It essentially
broke out of a cup and handle and now we're at the top of a much
larger cup. Putting in a handle would be nice....but money printing
stops for no one...especially traders.
The chart and volume patterns are nearly perfect. What's
going on? SkyNet needs citric acid or something?
I think the big price increase since last year are tied to a
disease affecting the trees .... but the recent spike is probably
due to the flooding in brazil I would think
Posted by DigiNomad on 15th of May 2024 at 02:06 pm
Interesting. Thanks. That doesn't really support a longer term
breakout...unless I just default to the currency dilution causing
higher prices theory. Broken record at this point but it
explains the overall action well, for the most part.
long story short ... it cost more and will cost more ...... like
pretty much everything else ... but if we exclude all
inflationary components out of the inflation calculation ...
it's pretty good ...
Posted by DigiNomad on 15th of May 2024 at 01:22 pm
The most frustrating thing to me about these money printing
fueled rallies is that they are characterized by NOT letting you
get in...they make you chase. The Janet rally that started after
the QRA in late October blew the 21 week EMA touch record out of
the water...there was nothing like it ever before in history (by
that measure). This feel similar...and again on the heels of a QRA
where issuance target was greatly exceeded. The idea that you can
wait for a reasonable entry doesn't work that well when the
underlying currency is being diluted so quickly.
Posted by mastermind on 15th of May 2024 at 02:42 pm
If you can't find pullbacks to buy, buy breakouts instead. There
have been plenty of those lately. Some examples - CAKE (Monday),
ERJ (yesterday), CLS (today). And some strong stocks that I have
been swinging in and out around my core position on pullbacks are
AEYE and ALAR. Want a good pullback buy today? How about SIMO?
There are plenty of opportunities out there in a bull
market.
Posted by DigiNomad on 15th of May 2024 at 02:49 pm
I'm not a breakout trader (the odds typically favor the fade). I
don't like the R structure most of the time....although it
definitely works for some people. Also, I dabble around the edges,
but medium term moves in the large indexes is my primary game. To
each his own. My style is a little problematic in this
environment...it will change eventually (I think?). For example,
after a trigger in the daily STS systems my trading plan is to look
for an entry on the 1hr time frame (especially if it's a breakout
trade...I don't like playing those and would rather enter on first
pullback). That's all good unless there's not an objective pullback
on the 1 hour times frame. Historically, I should just be patient
and not change a strategy that is proven over time, but it does
"feel different" sometimes and leads to self doubt. Part of the
game.
In this currency dilution environment, I think I definitely
need to accept that sideways in time might be the new pullback.
The're just too much capital chasing too few assets and people are
panicking in at any sign of weakness.
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
Posted by DigiNomad on 15th of May 2024 at 12:41 pm
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.
FAQ video link not working I
Posted by fluffycone on 15th of May 2024 at 01:59 pm
FAQ video link not working
I am reviewing the FAQ (again) and get to this question with a link to a video. I click the link to the video and I get the following message:
The Camtasia Studio video content presented here requires JavaScript to be enabled and the latest version of the Macromedia Flash Player. If you are you using a browser with JavaScript disabled please enable it now. Otherwise, please update your version of the free Flash Player by downloading here.
I click on the link to download the Flash Player and the Adobe webpages states that the Flash Player is no longer supported:
Adobe URL: https://www.adobe.com/products/flashplayer/end-of-life.html
I do recall this Flash Player being EOL some time ago because of security issues.
Am I missing something?
thx, anything in that old
Posted by matt on 15th of May 2024 at 02:13 pm
thx, anything in that old FAQ is old, 10 years plus, needs updating
Same issue. Cannot watch it
Posted by eddiegold on 15th of May 2024 at 02:08 pm
Same issue. Cannot watch it on either Desktop Safari/ Chrome or iPhone Safari either.
INTC Updated
Posted by steve on 15th of May 2024 at 01:56 pm
INTC - Chart Link
SILJ Updated
Posted by steve on 15th of May 2024 at 01:52 pm
SILJ - Chart Link
Silver, perfect backtest, and measured
Posted by steveo on 15th of May 2024 at 01:47 pm
Silver, perfect backtest, and measured move still points to 40+
OJ teasing a long term
Posted by DigiNomad on 15th of May 2024 at 01:43 pm
OJ teasing a long term break out, but the current candle has me a little worried. It could definitely use a rest. It essentially broke out of a cup and handle and now we're at the top of a much larger cup. Putting in a handle would be nice....but money printing stops for no one...especially traders.
The chart and volume patterns are nearly perfect. What's going on? SkyNet needs citric acid or something?
I think the big price
Posted by mla127 on 15th of May 2024 at 01:57 pm
I think the big price increase since last year are tied to a disease affecting the trees .... but the recent spike is probably due to the flooding in brazil I would think
Interesting. Thanks. That doesn't really
Posted by DigiNomad on 15th of May 2024 at 02:06 pm
Interesting. Thanks. That doesn't really support a longer term breakout...unless I just default to the currency dilution causing higher prices theory. Broken record at this point but it explains the overall action well, for the most part.
long story short ... it
Posted by mla127 on 15th of May 2024 at 02:10 pm
long story short ... it cost more and will cost more ...... like pretty much everything else ... but if we exclude all inflationary components out of the inflation calculation ... it's pretty good ...
XOM Updated
Posted by steve on 15th of May 2024 at 01:28 pm
XOM - Chart Link - reversed with Crude Oil
MSFT Updated
Posted by steve on 15th of May 2024 at 01:28 pm
MSFT - Chart Link
The most frustrating thing to
Posted by DigiNomad on 15th of May 2024 at 01:22 pm
The most frustrating thing to me about these money printing fueled rallies is that they are characterized by NOT letting you get in...they make you chase. The Janet rally that started after the QRA in late October blew the 21 week EMA touch record out of the water...there was nothing like it ever before in history (by that measure). This feel similar...and again on the heels of a QRA where issuance target was greatly exceeded. The idea that you can wait for a reasonable entry doesn't work that well when the underlying currency is being diluted so quickly.
People are like, what do
Posted by DigiNomad on 15th of May 2024 at 01:30 pm
People are like, what do you mean? That was a great entry opportunity just now on SPX (on the 1 min time frame)
If you can't find pullbacks
Posted by mastermind on 15th of May 2024 at 02:42 pm
If you can't find pullbacks to buy, buy breakouts instead. There have been plenty of those lately. Some examples - CAKE (Monday), ERJ (yesterday), CLS (today). And some strong stocks that I have been swinging in and out around my core position on pullbacks are AEYE and ALAR. Want a good pullback buy today? How about SIMO? There are plenty of opportunities out there in a bull market.
I'm not a breakout trader
Posted by DigiNomad on 15th of May 2024 at 02:49 pm
I'm not a breakout trader (the odds typically favor the fade). I don't like the R structure most of the time....although it definitely works for some people. Also, I dabble around the edges, but medium term moves in the large indexes is my primary game. To each his own. My style is a little problematic in this environment...it will change eventually (I think?). For example, after a trigger in the daily STS systems my trading plan is to look for an entry on the 1hr time frame (especially if it's a breakout trade...I don't like playing those and would rather enter on first pullback). That's all good unless there's not an objective pullback on the 1 hour times frame. Historically, I should just be patient and not change a strategy that is proven over time, but it does "feel different" sometimes and leads to self doubt. Part of the game.
In this currency dilution environment, I think I definitely need to accept that sideways in time might be the new pullback. The're just too much capital chasing too few assets and people are panicking in at any sign of weakness.
NKE ... Just sell it
Posted by mla127 on 15th of May 2024 at 12:45 pm
NKE ... Just sell it ...
NKE Been weak weekly too
Posted by foody518 on 15th of May 2024 at 01:24 pm
NKE Been weak weekly too
GM
Posted by mla127 on 15th of May 2024 at 12:43 pm
GM
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
All hail to Janet and
Posted by DigiNomad on 15th of May 2024 at 12:41 pm
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.
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.
$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
MSTR - Chart Link-
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