Daily KISS went long yesterday

That monthly chart looks bullish.  MACD has recycled back to zero.  Looks like supply around 5.2-5.4%.

Thank you KISS system!  Got me out of the majority of my ETF longs the other day.

CANE perky today

NFLX - would that be considered a breakaway gap?

TLT KISS went long yesterday

On one hand they say AI is an overbuilt bubble with no use cases, then on the other they say AI will wipe out any incumbent software or service.  The last couple of days we've watched SPGI (financial reporting), MRSH (insurance), SCHW (finance), and of course the months of software beatings (NOW) due to AI fears.  Simply crazy moves

I get why there is a run to safety, but I don't see how the move into XLP is sustainable.  It's not like the earnings growth, which fuels returns, has magically increased for the staples.  They have low to mid-single digit growth!  Growth stocks will eventually be back.

Double top or back test?

https://schrts.co/UyIgAXvK

I don't hear anyone talking about this besides on here.  Could catch a lot of people off guard as the narrative is rates are going lower.

MSCI weekly coil - Matt likes coils, well, here's a 4-year one worth watching!

https://schrts.co/BuFvrwUe

CRM daily looks to be clearing a base.

https://schrts.co/bAyiyaVd

Weekly 10-year coil, with possible 5 waves within it. 

Interesting that the 60 STO has dropped below 50 for the first time since April.  Perhaps a longer correction that takes us to the 38% fib?

Nice summary!

IREN is like CRWV, but with its own gigawatts.  Gigawatts are the new gold rush.  Even crappy AES is getting bought for their GW.  Imagine with IREN will be worth as it signs deals, is it worth more or less than CRWV that has minimal GW locked in?

They are a variable monthly payer.  The Aug distribution was nuts! 

https://seekingalpha.com/news/4477350-bitcoin-strategy-etf-declares-monthly-distribution-of-12080

I've held my small BITO position since the monthly distributions have been crazy good

GPN - Matt, would you take a look at this potential bottoming play on a daily/weekly basis.  Could be a candidate for a reversion to mean on a valuation basis as it has been hated for some time.  Their growth projections and thesis seem to be intact.  6.5x forward PE with consensus 12.5% growth provides room for reversion. Much appreciated.

I find it interesting that the Fed is worried about price inflation from tarrifs.  Wouldn't that reduce demand, resulting in a weaker econcomy?  That would make the case to lower rates IMO.  I don't see how higher prices would raise demand causing prices to rise even further they way they did during the post-covid free money dump.  Ultimately, resolution of the coil on the TNX weekly chart will likely set the next trend in rates.

PS, long time member, your work here is wonderful, thank you!