NVDA - that post about the boll band % system came more because I've been spending a lot of time working on systems and thought it was interesting as something to plug into an auto trade type set up going forward after more testing and in the right environment (bullish overall trend to start). I wasn't actually bullish on NVDA. Sorry, I should have been more clear...especially with the one stock to rule all stocks     That said, I'll often start bullish on something and turn my chart sideways and upside down, look at it every which way, and end up bearish. That definitely also happened in this case. 

Yellen probably giggling herself to sleep tonight thinking about how the peasants are worried about a down market when her Prez is in a race to save democracy and she has no limit on her national credit cards   

Here's my latest look at it: 

NVDA - I posted this response to someone else's bullish take yesterday afternoon. My post got 1000's of views, but not a single like, while the bullish post got 287 likes. The world is full of perma bulls   

Don't worry - FOMO always comes back! 

SMCI - hard to argue with these funnymentals. I don't think it's a buy and hold forever.  Doesn't seem like they even have a small moat, but it's working for now.  My least favorite thing about this idea is that after today's run, the nearest stop is quite far away.  I don't like to DCA's down - try to only DCA on winners -  but I might make an exception here just to get a foothold. 

DXYZ - likely annihilated tomorrow. I'm surprised the filings haven't completely tanked it already in AH.  I got filled on exit pretty easily just now.

Down $3 dollars since this post...in a straight line. 

Yep, I added it for the same reason, but costs are piling up with various subscriptions. Stockcharts only good for reviewing BPT charts...which is great, but I want something like IBD charts that have good fundamental overlays on top of price.  I'm all in on TradingView at this point so just questioning where I can remove costs for duplicative services. I'm probably just going to give up on the ability to read BPT annotations in Stockcharts.

Daytrading seems hardly possible in StockCharts...or maybe I'm missing something? Crazy considering what they charge. 

FBI waited until now to open a case on the ship that hit the bridge in Baltimore. Of course. Because there weren't any obvious red flags...

You might be holding yourself back by tying wagon to StockCharts. Lots of YouTubers creating daily videos with repeating decks that update daily.  The one I follow closest does it with ThinkorSwim and it's very slick. He says "we" a lot, so maybe he has a decent size backend team working to produce the vids. Not sure.   

Time to switch chart providers :)

My monthly BPT bill is not $50, it's more like $80 because I have to subscribe to StockCharts dot com also to get the full benefit of BPT. I hope they're giving you a kickback!! 

Interesting. Thanks for the info!  If using EMA's vs SMA's, it's basically sitting on the 200 now and clearly the relative strength was good today.  I'm not eager to stick my neck out though. Maybe I'll play it with a much tighter stop and replay it later if I'm wrong. 

XLV - I kind of like the risk reward for XLV long here. It's a defensive sector and is retesting the breakout area.
Placing stop at 135.30.
Risk to reward is 2.96 (target is recent high)

Once politicians experienced the pandemic and got used to the idea that "emergencies" turned the constitution into toilet paper, everything became an emergency.  Many, if not most countries that fall into authoritarian rule typically start with the imposition of "emergency powers" by a well meaning political leader.  In Bidens case, he was reticent at first but his base openly pushed him to declare emergencies early and often in order to exercise the power that came with the declarations.  Now it's just part of our system.

Even student loan forgiveness was attempted under the guise of "emergency powers"

"for summer demand" aka "to save our democracy"

NYCB pulled back hard basically when I posted.  Now only up 3% ish.  Mnuchin probably like "hey guys, maybe chill out a bit? Gonna be a really bad look if we rally this thing hard into the QE announcement..."

Ouch!