In my 3 or so years here.  The biggest winners are usually the ones that take 2nd and 3rd entries. As painful as the process may be to some, it's called STS for a reason. Stick to System.  Put on the trade and you'll be told when to exit.  Relax.

Yup I track HYG as a leading indicator and divergences there relative to SPY are usually a good tell.

Toes have dipped in the short waters!

Oh boy.  The 60 Stochs, however, is showing oversold on all the fast indicators.  Probabilities are that it's had too many wins.  I am going to stick with the NYSI indicator and dip my toes in the short waters.

We may get the confirmation trigger if we close at these levels.  I may take on some SPY put options.

Question is will things explode directly (e.g. short squeeze) or will it test the channel.  I want a confirmation before I join this party.

Every time we order out, I am shocked the average cost of a dish is now $15-$20.  Right.  No inflation.

Thank you for making us all a small part of your life.  Our thoughts are with you.

I took a small long position on URA; it's a new STS Long.  However, it looks like it's probably just completing a D move up and needs to complete and E move down before lifting off.  Any thoughts from others?

When something like IGV, which just split and, is a new long, is it safe to ignore.  I am guessing the split caused the trigger.  Am I right?

Hope everyone is having a good weekend.  I just read the linked article.  Powell did the same thing in Jan 2020 when he pulled emergency REPO interventions and similarly Paulson also pulled REPO away in Sep 2008.  We know what happened then.  Is today’s market situation similar?  We all know it’s liquidity or lack thereof that drives markets.

https://www.reuters.com/markets/us/fed-allow-emergency-bank-lending-program-expire-march-11-2024-01-25/

I'm curious if IBM is a long or a short.  Given it's above it's 9MA doesn't that qualify it as a short reversion to the mean?

So sorry Matt.  I am deeply sorry for your loss. May you find comfort in the love and memories that you shared, and may peace be with you during this difficult time.  Our condolences, 

I thought I'd share this with the group.  I had a dream last night that there was a huge bear market with blood on the streets.  However, this community was killing it because Matt's High Performance systems were nailing all the diamonds in the rough.

I am getting email alerts for favorites that don't belong to me.  Is anyone else seeing that?

A's are showing up on AMZN.  Matt or Steve can you provide an update on your views on the charts?

Is there an update on when you expect these systems to go live for members to subscribe to?

Welcome back Steve!  Like you, I just recovered from a bout with Covid as well.  I'm back, though, and ready to get after it.

AAPL also went long on KISS STS tables not so long ago.  I took a long then.

Every time I see these messages on the high perf systems, I want to pounce and go long.  Need to remind myself it's not live yet, lol.