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IWM sporting a nice tweezers

Posted by frtaylor on 30th of Jun 2021 at 11:26 am

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

AVIR Updated View

Posted by frtaylor on 30th of Jun 2021 at 09:47 am

Stopped out of the rest for a small profit.

Trimmed and trailed. Thanks Steve!

AVIR Updated View

Posted by frtaylor on 30th of Jun 2021 at 09:39 am

Trimmed and trailed. Thanks Steve!

FOLD - getting close to

Posted by frtaylor on 30th of Jun 2021 at 09:39 am

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 edge, i.e., nottaking a SPY signal when there's NYAD divergence, etc.

Bought back half my position

Posted by frtaylor on 28th of Jun 2021 at 03:57 pm

Bought back half my position on CX with a stop below today's low. 

Bouncing some after hitting new low for the day. You may have jinxed it, lol.

I got expelled out of

Posted by frtaylor on 25th of Jun 2021 at 01:54 pm

I got expelled out of XPEL! Glad for that stop.

I keep getting Motley Fool

Posted by frtaylor on 24th of Jun 2021 at 04:12 pm

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, etc.

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

Posted by frtaylor on 24th of Jun 2021 at 02:38 pm

How about CX today, good move after a deep pullback. Glad I held my shares.

From Stock Trader's Almanac FB

Posted by frtaylor on 24th of Jun 2021 at 10:35 am

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.

PEMIF - over some near

Posted by frtaylor on 15th of Jun 2021 at 09:57 am

PEMIF - over some near term resistance.

INTC - over resistance

Posted by frtaylor on 15th of Jun 2021 at 09:52 am

INTC - over resistance

 - g r o a

SUMO - back testing the breakout.

Posted by frtaylor on 15th of Jun 2021 at 09:34 am

 - g r o a n -

From Stock Trader's Almanac FB

Posted by frtaylor on 14th of Jun 2021 at 03:19 pm

From Stock Trader's Almanac FB page:

June Quarterly Options Expiration Week and After Historically Volatile

The second Triple Witching Week (Quadruple Witching if you prefer) of the year brings on some volatile trading with losses frequently exceeding gains. NASDAQ has the weakest record on the first trading day of the week. Triple-Witching Friday is usually better, DJIA has been up ten of the last eighteen years, but down five of the last six.

Full-week performance is choppy as well, littered with greater than 1% moves in both directions. The week after Triple-Witching Day is horrendous. This week has experienced DJIA losses in 27 of the last 31 years with an average performance of –1.14%. S&P 500 and NASDAQ have fared slightly better during the week after over the same 31-year span, declining 0.79% and 0.29% respectively on average.

SUMO - back testing the breakout.

Posted by frtaylor on 14th of Jun 2021 at 10:34 am

SUMO - back testing the breakout.

PTON - back testing the breakout

Posted by frtaylor on 14th of Jun 2021 at 10:27 am

PTON - back testing the breakout

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