3309 Drysdale Ct
Edwardsville, IL 62025
Matt, the NASDAQ Composite can be traded for at least some
purposes using ONEQ. Decent spreads. Low volume,
though, so whales have to be a little wary. It doesn't get
talked about much and doesn't get much action, but it tracks the
NASDAQ composite pretty well.
Liking the Youtube format. I also like the new player,
with the ability to skip to specific charts, and the actual chart
links, but the Youtube versions are great as well when offered
since I can put it on 1.5x and cruise through. Neither of you
guys speaks slowly or anything; I'm just used to it from listening
to podcasts at 2x most of the time, and always am short on time.
Thanks for the great work.
Thanks, Matt -- appreciate it. Looking forward to seeing
those things you've been working on!
Thanks, Matt -- appreciate it. Seems some hopes have been
dashed (so far) relative to expectations earlier this year
Matt, curious whether you guys have a view on pot stocks ...
here's a quick amateur-hour chart from me of an ETF, POTX.
Thanks for tracking the systems and providing the updates, Matt.
Hope folks have done well the past couple days more
Thanks, Matt. Hope you feel better and that it's nothing
Re AAZZF / AAZZD, I, also just have it shown as 002209104 with
Schwab (still, as of today).
Matt, thanks again. I appreciate all that info and
guidance. I'm asking a different, simple question. I'm
just asking what it means for a DVT to be "hit." E.g., is a
daily DVT hit if the DVT value is hit intraday or does it require a
close under it? I'm not saying I'm going to religiously get
out the second the price is touched -- that's what I was attempting
to explain when I first posed the question -- but you need some
kind of objective criterion to determine whether the DVT has been
hit in order to, e.g., measure consecutive DVTs being generated
without being hit. That's what I'm asking about: what,
for that purpose, it means for a DVT to be "hit."
Matt, thanks -- apologies for not being clear. I
appreciate the art of all this and the need for people to have an
approach that makes sense for them. I was just curious what
you use for purposes of tracking these DVTs and what you mean when
you talk about them being hit. I.e., for that purpose, or any
others you see fit to share, what does it mean for a DVT to be
"hit?" Is it intraday (or intraperiod, in the case of the
2-day) or something else? That's all I'm asking about in
I completely get that in terms of actually making this
actionable, it's on the trader, and I didn't mean to make you type
out all that again. I've been tracking your explanations of
various approaches and appreciate the time you've taken to do so to
help us out.
Matt, thanks for the new DVT table. Always appreciate all
the means around here to track things consistently and in a clear
way. Can you clarify what it means for a DVT to be hit?
Does that require a daily close below it or just for price to
touch it intraday? I know that in practice, you've encouraged
sometimes using a little judgment and discretion in terms of using
the DVT to exit (e.g., if the 50-day SMA was right below it, etc.),
but I'm curious what it means in this context.
No restrictions on AAZZF here (Schwab).
Thanks for the innovation and hard work, Matt. Those
should be very useful. I know there are scope creep
concerns, and this usually has high correlation with the S&P
500 (I believe), but DM ex-U.S. (e.g., VEA or SPDW) /or its two
main constituents, Europe (e.g., FEZ) and Japan (e.g., EWJ) would
be interesting, at least to me. That, along with EEM, would
cover most of the world. I remember that rundown you did of
all the country / regional ETFs and it was interesting.
FYI re the discussion of China stocks. Here is
Wisdomtree's emerging market ETF that excludes SOEs. Heavy
weightings in large Chinese tech names. At bottom of large
channel going back to pandemic low and at a decent support
Many thanks for everything on the systems.
What else is in your "no fail chart" toolkit?
Awesome, thanks. Appreciate all you guys do around
Great stuff, Matt. Thanks for all the great guidance.
BTW, this seems as good of a place as any to ask ... Steve
regularly tells us to have a plan, which I wholeheartedly agree
with. Especially in light of the frequency and significance
of that directive, it would be incredibly helpful to have a guide
or a video focused on trading plans. I appreciate that they
can vary widely, depending on style, and we have people doing
everything from scalping to just trading their 401(k)s here, with
everything in between. Putting some meat on what that means,
though, in terms of granular guidance, key elements, what degree of
granularity should be in the plan, and, especially, at least one
sample plan (not to be blindly followed, but to illustrate what
works for someone, etc.), would be a tremendous help to many, I'm
sure. Definitely me. (I know there are a ton of books
out there on establishing plans, but I've found many of those
reflect that particular author's style, and I'm curious what works
for you guys and what you recommend.)
Late to the party but I want to echo those compliments re the
interesting and educational content in last night's newsletter,
Steve. Thanks much.
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