EOD Flush?

Barely even notice a 5% down day on these top movers... just a minor cost of making money in the market.

I do think yesterday's action was indicative of big (hedge funds) money moving around and potentially altering trend expectations on another timeline.

60Stoch- provided another great trade! Interestingly, if you trade this as an EOD indicator, you'll exit today but just might get a prelim re-entry signal. Another down day would certainly strengthen that signal.

Sounds like they'll need to buy more semis for those super computers... ha ha! Captain, we need more compute!!!

TSLA  touched the Dec '23 highs... ready to break out (ha ha ha!) or maybe form a handle?

OXLC - I've had great success with Oxford Lanein general. They have been operating CLOs for 15+ years. Been in OXLCP since 2021, rolled from a previous preferred.

I would stress these are buy and hold investments. You need to hold for the long run to collect enough of the recurring monthly dividends to add up. That's where you make the money, not on the price movement. You need to be comfortable holding through downturns and collecting the stock. 

Another one I like is Eagle Point Credit Companywhich pays around 16%. In it since 2021 as well and I think my holdings at this point are approaching 50% dividends, so deep in the money.

Semis - nice clean brake of the support.

Exactly. Looks like they ripped the last bandaid off the losers about 15 mins ago...

I imagine some funds are using this opportunity to take profits and adjust risk profiles for the quarter end.

For dividends, Oxford Lane also has numerous preferred options to choose from:

• NasdaqGS: OXLC (common stock)
• NasdaqGS: OXLCM (6.75% preferred stock, 6/30/2024 maturity)
• NasdaqGS: OXLCZ (5.00% unsecured notes, 1/31/2027 maturity)
• NasdaqGS: OXLCP (6.25% preferred stock, 2/28/2027 maturity)
• NasdaqGS: OXLCN (7.125% preferred stock, 6/30/2029 maturity)
• NasdaqGS: OXLCO (6.00% preferred stock, 8/31/2029 maturity)
• NasdaqGS: OXLCL (6.75% unsecured notes, 3/31/2031 maturity)

Few of these have done very nicely for me. OXLCM(matures tomorrow effectively)

URA went Ex Div today

@fluffycone  I think you might be better off starting with the   SPY Systems  rather than the KISS. 

The challenge with the KISS is it's run on hundreds of stocks and is a single entry system with rather wide stops. Because of this, KISS will inherently have more losing trades because there are more trades in total. But risk is well defined with the set STS and KISS is designed to mitigate losses.

The bigger issue, as you noted, is you also need to cherrypick the KISS trades which further reduces the   individual likelihood of profit, especially over small timeframes. I'd be willing to bet if you took ALL of the KISS trades (as a giant fund could), you'd be nicely profitable, over a longer timespan. But that's not feasible.

The SPY Systems trades are far less frequent (especially in this market...) but have been extensively backtested. The trades have a ton of logic built into the signals. And importantly, they allow for 2nd and even 3rd entries, which are leveraged to recoup losses of earlier entries. Matt & Steve tell you when to enter AND exit, which can be really hard to get right on your own. They do have losing trades but in my experience they are extremely net profitable. In 2022 my SPY System profits paid for well over 20 years of BPT. I've already paid for this year with the small number of trades we've had... AND I missed two of the most profitable ones due to vacation.

You do have to follow the SPY System entry protocol (take ALL entries of a given trade) and trade size is therefore very important. In my experience, the ideal situation is starting with the right trade amount that will allow you to take up to 3 potential entries on the trade. Let's say you have 15k to trade with (not invest...). You might allocate $2k to a first entry knowing you might need to put in another $2k (or even $4k) for that one trade. Then, if another trades triggers, you'd still have $9 in your wallet to work with.

SPX 60 Stoch- Missed this on Monday... went long on 2 of 3 indicators.

Symbolik is prob the best for DeMark

So Value is so far undervalued that it must be valuable? 

Semis - Buying opportunity?

NVDA - Market makers should be happily reducing their positions today with OpEx.

Also Quad Witch tomorrow...

NVDA/ARM - down 4% and 10%. Back up the truck!

OXY- Breaking out from the Warren zone