3309 Drysdale Ct
Edwardsville, IL 62025
This would be a great system, as I have a lot of trouble
objectively putting on hedges.
Oops, must've slipped on something!
I don't understand, LABU and XBI are down this morning, not
Matt, how often are there back-to-back trend days? My
recollection is that it's very infrequent. Also, do use SPX
or SPY for gap determination?
5 min chart looks good too, kind of a cup & handle or
"batman." 2nd chart shows conservative and full measured moves.
IWM sporting a nice tweezers bottom on the 15 minute chart, and
breaking above resistance. I'm long, day trade w/ possible longer
hold for part.
Stopped out of the rest for a small profit.
Trimmed and trailed. Thanks Steve!
FOLD - getting close to folding this hand
Matt, have you by chance ever compared how the SPY long trades
do when there is a divergence w/ the NYAD? Wondering if there's an
nottaking a SPY signal when there's NYAD divergence,
Bought back half my position on CX with a stop below today's
Bouncing some after hitting new low for the day. You may have
jinxed it, lol.
I got expelled out of XPEL! Glad for that stop.
I keep getting Motley Fool "All In" come-on's in my FB feed,
lol. Anyone a member here can share the latest "all in" stock?
Smaller position size is what has helped me. Also, I leave in
orders at support (9ema, 20, 50). That keeps me from pulling the
trigger on too many ideas and then having too many to manage.
Still, plenty of things I sold that went up the next day, hour,
Agreed, especially since the June week after expiration (this
week) is supposed to be "horrendous" to use STA's term.
How about CX today, good move after a deep pullback. Glad I held
From Stock Trader's Almanac FB page:
NASDAQ’s Mid-Year Rally Begins Early
In the mid-1980s the market began to evolve into a tech-driven
market and the market’s focus in early summer shifted to the
outlook for second quarter earnings of technology companies. In
anticipation of positive results, over the last three trading days
of June and the first nine trading days in July, NASDAQ typically
enjoys a rally. This 12-day run has been up 28 of the past 36 years
with an average historical gain of 2.6%. This year the rally may
have begun early and could last until on or around July 14.
After the bursting of the tech bubble in 2000, NASDAQ’s
mid-year rally had a spotty track record from 2002 until 2009 with
three appearances and five no-shows in those years. However, it has
been quite solid over the last eleven years, up ten times with a
single mild 0.1% loss in 2015. Last year, NASDAQ advanced a solid
4.7% during the 12-day span.
So would this morning's price action, i.e., opens up, then drops
down and then turns back up @ 4173.40 @ 9:35 not be considered a
"red to green move?" Still not quite clear on what qualifies.
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