Trea Turner (What can be learned from one of the greatest all
tool MLB players in the game), excerpt from my journal notes
12/06/22:
I've watched him for many years now since his early days with
the Washington Nationals, last year he played with the Dodgers.
Watching him game to game, at bat to at bat, he simply "turns the
page" better than 99% of the players I've ever seen. What that
means is, his ability to take each at bat and play as separate from
others is incredible. It is not that he doesn't have his moments of
reaction or frustration, though he moves on quickly after those
experiences.
I play a hobby game with a friend during the season where we
compete with our players. Part of the game is creating a hitting
streak. You can use any player you like. Trea was the most
consistent in this area last year, having multiple double digit
hitting streaks during the year, some in the 20s games in length,
including 3 of the top 5 in the National League at 26 (the top),
20, and 18 respectively. He went very few individual games without
getting at least one hit. I've seen more than a few interviews with
Dodgers coach, Dave Roberts where they asked him about Trea and he
has said this more than once in regards to this being one of his
biggest assets in regards to him being able to "turn the page".
Baseball tools aside, he clearly has worked on this important part
of life.
I've continued to work on this in my life and will until the day
I die. A few of my tools are journaling (I go back and read my
entries sometimes and often learn from them, it also helps me see
where I'm at now and gain insight), exercise, diet, therapy,
prayer/meditation, hobbies like artwork, baking, games, reading,
connecting with friends/family, enjoying travel, experiencing the
joy of others as they share their personal passions..it has become
fun to explore new ways to look at myself and how I'm "doing life"
so to speak and benefit from the views of others. The use of my
time, my attitude, experiences, how I treat others, and myself are
in consideration. And also, that eventually translates into
everything I do personally and professionally. I'll go into some of
the things I used to do with coping with life (in another journal
entry) that had to be changed which greatly affected my potential
and performance. I'm by no means perfect, though I am for sure much
better than my past and I'll continue to focus on this as
relationships and learning how to navigate life, love, and
friendship are of paramount importance for daily living. I'm
grateful to God to be able to have this insight and be able to
change course and have another shot at life each day.
This is an article from 2016 where Trea talks about balancing
success and failure a bit. This is one of my favorite quotes from
this interview:
"You've got to grow up fast, you've got to learn quickly," said
Turner. "If you get caught up in failure, say you go 0-10 you get
caught up in that and it can just drag on because you play every
day. It's hard, you have to learn how to balance success and
failure."
Fast forward to today and he just signed an 11 year deal with
the Phillies for $300 million dollars. Quite the reward for his
consistent mental performance, he's 29 years old, just inspiring
and I've definitely learned from his example:
I took the trade on Friday before the close and split the
difference risk wise by exiting 35% of my position. I'm using SPXS
as my instrument the 3xetf.
I've balanced this by going long a 1st entry off the 3,987 area
via SPXL 3xetf. I know everyone uses the signals different ways.
There are gaps on both sides now so no reason to get super
aggressive here on either side for me here for my tolerance trading
wise.
Another thing I've been continuing to consider and keep an open
mind to is that all of the major economic reports last week that
are supposed to be big market movers didn't change the uptrend at
all. Working off an oversold condition for a day or two is normal,
though nothing significant. You would have thought we crashed by
some of the bearish comments
They were small trades that had to be capitalized on
quickly.
The message of the market has been different since the reversal
off the lows and the data is suggesting that things may not be as
bad as feared. In balance there may be some time for these things
to work into the economy, though it just hasn't materialized. This
is the problem with being married to a sentiment and demanding a
result on one's personal timetable.
The market decides if/when things happen, not someone
making a prediction. I'll continue to make entries based on
risk/reward. I can care less about being right in the public eye,
just making money to take care of my family.
Once again in balance, the two gaps below do bother me as they
normally aren't left open longer term. They are at 3,748 and 3,583.
It won't prevent me from playing the upside now and if I see my
longer term criteria as a sell signal, I'll certainly sell my
inventory purchased off of the 3,500 reversal. It just hasn't shown
up as of yet, so I stay the course each day unless it does. The
timing is the part that is difficult, though it is still better to
stay in the present, otherwise the potential to make a mistake
increases.
Once I do my planning, I go back to my life as my plan is based
on my personal tolerances and strategy. I can't be anyone else and
if I try to, I won't be able to adjust as they would because I
don't know what they would be doing. And even if I did, if it
doesn't resonate with who I am and what I feel comfortable doing, I
won't be able to do it consistently. This is why I have found it
better to develop my own style instead of depending on anyone else
to feed me. I need to know what to do with a degree of confidence
and not have to ask someone what I should be doing.
..and the results of those decisions are on me..like the Chris
Stapleton song says, "I got nobody to blame but me". A good life
lesson to take accountability and inventory of my actions and
results of them in general. Realizing that I can and will make
mistakes for the rest of my life is a necessary part of being a
human. The question is, How will I respond to those situations, am
I willing to apologize when I'm wrong? Can I have a healthy
celebration of success? Will I continue to learn and consider
others views as I make my decisions? Am I able to navigate healthy
sources of information and negative influences to be cautious of
and/or avoid? Do I realize that I don't control the world or much
except what I can as my part?
Lots of good information provided on this site and education
that can be used to develop one's personal trading/investment
style. I have found being part of a community to be beneficial in
formulating my thoughts, strategies, and documenting them to be
able to review as part of my journal. There are many ways to do
things. Another day I'm grateful to wake up and have a shot at
life. Best of success this week to everyone.
“That is, overall, while yield-curve inversions have customarily
unleashed havoc on the economy, job creation, and even profits,
they are not nearly as bad for the stock market as commonly
advertised,” Paulsen wrote.
Jim is a great strategist, one of the few I follow. Very
thoughtful work here. Good to keep an open mind.
I did both, covered some hedge and bought the dip. I usually
don't come on the trading community when trading as I need to
execute my plan. I do the planning when markets are closed. A lot
of opportunity in that premarket on both sides to capture. And I
need to capture that.
I can read all the opinions, prognostications, and news after.
My experience is that it is just part of the movie, usually a
distraction, too much bias, and can cause a mistake if I spend too
much time around it. The market is down 0.32% currently from
yesterday's close for context. Currently at 4,063 after yesterday's
higher high at 4,100 and close at 4,076. Perspective. It also
held the 200 day as support. I'l change if/when the market changes.
My bias is making money, I'm not a bull or bear..I'm
opportunistic.
The market, whoever runs it, I call them "Oz" makes the rules. I
just take what is given when it is given.
$SPX new open gap at 4,076.57 from yesterday's close. A magnet
for upside if things continue to be stable and consolidate. Let's
see.
Also, SPY found support at the 200 day on the pullback so far.
In addition to SPY, these are trading firmly above their 200 day
moving averages as of the other day when I looked:
DIA - Dow Jones Industrial Average
IVE - S&P 500 Value
XLB - Materials
IBB - Biotechnology
XLF - Financials
XOP - Oil & Gas
XLV - Health Care
XLI - Industrial
BJK - Gaming
XLP - Consumer Staples
T Bills update: The last 4 week bill issued on 11/29/2022 had an
investment rate of 4.038%, the 8 week 4.204%, we have some 13 week
ones as well, and have been laddering. These rates crush our bank
accounts which is why I moved most of our cash out of the bank a
bit back except for what we need to manage our regular household
and have some bucks for quick needs/emergencies. The Treasury
Direct website is easy to use, bank and forth from a bank
account.
This is really good news for seniors too who have suffered for
years not being able to make interest in bank accounts with the low
rates. I've continued to supplement my Mom's income with T Bills,
the automatic reinvestment provides convenience as well. The
interest is sent to the bank account when the principal is
reinvested into a new bill.
And also as a teaching tool for savings. My grandfather taught
me to save through savings bonds years ago and it stuck with me for
life. I've been using T Bills as a tool and the system trades to
work with my grandson who's 8. "Papa, what is the new T Bills
rate?" "Papa, what did the system say today?"
I don't follow the gaps on the QQQ though will have to see if
the market gives me what I'm looking for otherwise. It all trades
together relatively speaking, not perfectly though good
enough.
I run my trading money differently than long term inventory in
terms of buying and selling time frames and areas of entry/exit..
Always something good going on.
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We are in Georgia, I'm
Market News
Posted by fundamentalvalues on 6th of Dec 2022 at 09:09 am
We are in Georgia, I'm celebrating the end to all the ads today
Cake is on the way!
Trea Turner (What can be
Posted by fundamentalvalues on 6th of Dec 2022 at 07:31 am
Trea Turner (What can be learned from one of the greatest all tool MLB players in the game), excerpt from my journal notes 12/06/22:
I've watched him for many years now since his early days with the Washington Nationals, last year he played with the Dodgers. Watching him game to game, at bat to at bat, he simply "turns the page" better than 99% of the players I've ever seen. What that means is, his ability to take each at bat and play as separate from others is incredible. It is not that he doesn't have his moments of reaction or frustration, though he moves on quickly after those experiences.
I play a hobby game with a friend during the season where we compete with our players. Part of the game is creating a hitting streak. You can use any player you like. Trea was the most consistent in this area last year, having multiple double digit hitting streaks during the year, some in the 20s games in length, including 3 of the top 5 in the National League at 26 (the top), 20, and 18 respectively. He went very few individual games without getting at least one hit. I've seen more than a few interviews with Dodgers coach, Dave Roberts where they asked him about Trea and he has said this more than once in regards to this being one of his biggest assets in regards to him being able to "turn the page". Baseball tools aside, he clearly has worked on this important part of life.
I've continued to work on this in my life and will until the day I die. A few of my tools are journaling (I go back and read my entries sometimes and often learn from them, it also helps me see where I'm at now and gain insight), exercise, diet, therapy, prayer/meditation, hobbies like artwork, baking, games, reading, connecting with friends/family, enjoying travel, experiencing the joy of others as they share their personal passions..it has become fun to explore new ways to look at myself and how I'm "doing life" so to speak and benefit from the views of others. The use of my time, my attitude, experiences, how I treat others, and myself are in consideration. And also, that eventually translates into everything I do personally and professionally. I'll go into some of the things I used to do with coping with life (in another journal entry) that had to be changed which greatly affected my potential and performance. I'm by no means perfect, though I am for sure much better than my past and I'll continue to focus on this as relationships and learning how to navigate life, love, and friendship are of paramount importance for daily living. I'm grateful to God to be able to have this insight and be able to change course and have another shot at life each day.
This is an article from 2016 where Trea talks about balancing success and failure a bit. This is one of my favorite quotes from this interview: "You've got to grow up fast, you've got to learn quickly," said Turner. "If you get caught up in failure, say you go 0-10 you get caught up in that and it can just drag on because you play every day. It's hard, you have to learn how to balance success and failure."
..there is also a short video with it when he was going from minor league ball after two years to the majors: https://spectrumlocalnews.com/tx/austin/news/2016/09/4/extra-innings-trea-turner
Fast forward to today and he just signed an 11 year deal with the Phillies for $300 million dollars. Quite the reward for his consistent mental performance, he's 29 years old, just inspiring and I've definitely learned from his example:
https://www.espn.com/mlb/story/_/id/35190131/source-phillies-ss-trea-turner-reach-11-year-300m-deal
In the photo is from Sunday, a cake I made, cinnamon bundt with buttercream frosting..it actually came out pretty good!
Congrats man! I figured the fib
ES Shorts - open Stoch Short 60, 80% comments
Posted by fundamentalvalues on 5th of Dec 2022 at 04:03 pm
Congrats man!
I figured the fib overshoot to the 3,985 area level and held up was a good shot. Especially on the daily had to try, thanks
Great trade Matt! I took the
ES Shorts - open Stoch Short 60, 80% comments
Posted by fundamentalvalues on 5th of Dec 2022 at 03:42 pm
Great trade Matt!
I took the trade on Friday before the close and split the difference risk wise by exiting 35% of my position. I'm using SPXS as my instrument the 3xetf.
I've balanced this by going long a 1st entry off the 3,987 area via SPXL 3xetf. I know everyone uses the signals different ways. There are gaps on both sides now so no reason to get super aggressive here on either side for me here for my tolerance trading wise.
All the best and thanks.
Good context Arun. re: SPX Another thing
Heads up: $CPCE and $CPC closed at pretty low levels ...
Posted by fundamentalvalues on 5th of Dec 2022 at 07:39 am
Good context Arun.
re: SPX
Another thing I've been continuing to consider and keep an open mind to is that all of the major economic reports last week that are supposed to be big market movers didn't change the uptrend at all. Working off an oversold condition for a day or two is normal, though nothing significant. You would have thought we crashed by some of the bearish comments They were small trades that had to be capitalized on quickly.
The message of the market has been different since the reversal off the lows and the data is suggesting that things may not be as bad as feared. In balance there may be some time for these things to work into the economy, though it just hasn't materialized. This is the problem with being married to a sentiment and demanding a result on one's personal timetable. The market decides if/when things happen, not someone making a prediction. I'll continue to make entries based on risk/reward. I can care less about being right in the public eye, just making money to take care of my family.
Once again in balance, the two gaps below do bother me as they normally aren't left open longer term. They are at 3,748 and 3,583. It won't prevent me from playing the upside now and if I see my longer term criteria as a sell signal, I'll certainly sell my inventory purchased off of the 3,500 reversal. It just hasn't shown up as of yet, so I stay the course each day unless it does. The timing is the part that is difficult, though it is still better to stay in the present, otherwise the potential to make a mistake increases.
Once I do my planning, I go back to my life as my plan is based on my personal tolerances and strategy. I can't be anyone else and if I try to, I won't be able to adjust as they would because I don't know what they would be doing. And even if I did, if it doesn't resonate with who I am and what I feel comfortable doing, I won't be able to do it consistently. This is why I have found it better to develop my own style instead of depending on anyone else to feed me. I need to know what to do with a degree of confidence and not have to ask someone what I should be doing.
..and the results of those decisions are on me..like the Chris Stapleton song says, "I got nobody to blame but me". A good life lesson to take accountability and inventory of my actions and results of them in general. Realizing that I can and will make mistakes for the rest of my life is a necessary part of being a human. The question is, How will I respond to those situations, am I willing to apologize when I'm wrong? Can I have a healthy celebration of success? Will I continue to learn and consider others views as I make my decisions? Am I able to navigate healthy sources of information and negative influences to be cautious of and/or avoid? Do I realize that I don't control the world or much except what I can as my part?
Lots of good information provided on this site and education that can be used to develop one's personal trading/investment style. I have found being part of a community to be beneficial in formulating my thoughts, strategies, and documenting them to be able to review as part of my journal. There are many ways to do things. Another day I'm grateful to wake up and have a shot at life. Best of success this week to everyone.
Why October’s yield curve inversion
Posted by fundamentalvalues on 2nd of Dec 2022 at 03:53 pm
Why October’s yield curve inversion might not spell doom for U.S. stocks in 2023
https://www.marketwatch.com/story/why-octobers-yield-curve-inversion-might-not-spell-doom-for-u-s-stocks-in-2023-11670009518
“That is, overall, while yield-curve inversions have customarily unleashed havoc on the economy, job creation, and even profits, they are not nearly as bad for the stock market as commonly advertised,” Paulsen wrote.
Jim is a great strategist, one of the few I follow. Very thoughtful work here. Good to keep an open mind.
marketwatch.com
Why October's yield curve inversion might not spell doom for U.S. stocks in 2023 - MarketWatch
U.S. stock portfolios could avoid further damage in the year ahead, even if the U.S. economy slips into a recession, says this strategist.
Thanks for playing. Sincerely, Gapmaster FV Ha
$SPX new open gap at 4,076.57 from yesterday's close. A ...
Posted by fundamentalvalues on 2nd of Dec 2022 at 03:18 pm
Thanks for playing.
Sincerely,
Gapmaster FV
Ha
World cup soccer coming up
Posted by fundamentalvalues on 2nd of Dec 2022 at 01:22 pm
World cup soccer coming up at 2pm:
Cameroon vs. Brazil
Serbia vs. Switzerland
Enjoy!
I did both, covered some
I applaud all those who bought this dip this a.m. ...
Posted by fundamentalvalues on 2nd of Dec 2022 at 12:17 pm
I did both, covered some hedge and bought the dip. I usually don't come on the trading community when trading as I need to execute my plan. I do the planning when markets are closed. A lot of opportunity in that premarket on both sides to capture. And I need to capture that.
I can read all the opinions, prognostications, and news after. My experience is that it is just part of the movie, usually a distraction, too much bias, and can cause a mistake if I spend too much time around it. The market is down 0.32% currently from yesterday's close for context. Currently at 4,063 after yesterday's higher high at 4,100 and close at 4,076. Perspective. It also held the 200 day as support. I'l change if/when the market changes. My bias is making money, I'm not a bull or bear..I'm opportunistic.
The market, whoever runs it, I call them "Oz" makes the rules. I just take what is given when it is given.
$SPX new open gap at
Posted by fundamentalvalues on 2nd of Dec 2022 at 10:21 am
$SPX new open gap at 4,076.57 from yesterday's close. A magnet for upside if things continue to be stable and consolidate. Let's see.
Also, SPY found support at the 200 day on the pullback so far. In addition to SPY, these are trading firmly above their 200 day moving averages as of the other day when I looked:
DIA - Dow Jones Industrial Average
IVE - S&P 500 Value
XLB - Materials
IBB - Biotechnology
XLF - Financials
XOP - Oil & Gas
XLV - Health Care
XLI - Industrial
BJK - Gaming
XLP - Consumer Staples
VIX What is everyone's favorite
Posted by fundamentalvalues on 2nd of Dec 2022 at 08:14 am
VIX What is everyone's favorite instrument for playing the vix? Options?
SPY: S&P 500 ended Nov.
Posted by fundamentalvalues on 1st of Dec 2022 at 11:44 am
SPY: S&P 500 ended Nov. on a high, jumping above its 200-day MA for the first time in 7-months
An important change after months. On the white board in my office there is one statement: "Be flexible when markets change"
This ended up being a
AGG The aggregate bond market was positive yesterday. A 27 ...
Posted by fundamentalvalues on 1st of Dec 2022 at 11:06 am
This ended up being a monster call for me and possibly was the bottom longer term for AGG. Grateful it has worked out. Will continue to hold ..
https://schrts.co/rttGtTXn
schrts.co
AGG | SharpCharts | StockCharts.com
Create advanced interactive price charts for AGG, with a wide variety of chart types, technical indicators, overlays, and annotation tools.
Gap filled. A lot of
SPX new gap at 4,080.11 from yesterday's close open
Posted by fundamentalvalues on 1st of Dec 2022 at 10:14 am
Gap filled. A lot of money to be made trading gaps, a big part of my trading strategy. Risk/reward
SPX new gap at 4,080.11
Posted by fundamentalvalues on 1st of Dec 2022 at 09:38 am
SPX new gap at 4,080.11 from yesterday's close open
Looks like zone defense for
ES Daily Supply Zone 4087-4173
Posted by fundamentalvalues on 1st of Dec 2022 at 09:22 am
Looks like zone defense for a boss bear haha
T Bills update: The last
Posted by fundamentalvalues on 1st of Dec 2022 at 07:00 am
T Bills update: The last 4 week bill issued on 11/29/2022 had an investment rate of 4.038%, the 8 week 4.204%, we have some 13 week ones as well, and have been laddering. These rates crush our bank accounts which is why I moved most of our cash out of the bank a bit back except for what we need to manage our regular household and have some bucks for quick needs/emergencies. The Treasury Direct website is easy to use, bank and forth from a bank account.
This is really good news for seniors too who have suffered for years not being able to make interest in bank accounts with the low rates. I've continued to supplement my Mom's income with T Bills, the automatic reinvestment provides convenience as well. The interest is sent to the bank account when the principal is reinvested into a new bill.
And also as a teaching tool for savings. My grandfather taught me to save through savings bonds years ago and it stuck with me for life. I've been using T Bills as a tool and the system trades to work with my grandson who's 8. "Papa, what is the new T Bills rate?" "Papa, what did the system say today?"
https://www.treasurydirect.gov/auctions/announcements-data-results/
treasurydirect.gov
Announcements, Data & Results — TreasuryDirect
SPX Great squeeze afterhours, sold
Posted by fundamentalvalues on 30th of Nov 2022 at 04:37 pm
SPX Great squeeze afterhours, sold half my trading inventory 3xetf long. Added a hedge to protect my remaining amount.
No changes on long term inventory.
Thanks Arun, you as well!
SPX the window continues to close for those hoping for ...
Posted by fundamentalvalues on 30th of Nov 2022 at 04:02 pm
Thanks Arun, you as well! I know you have made a good bit long as well
I don't follow the gaps
SPX the window continues to close for those hoping for ...
Posted by fundamentalvalues on 30th of Nov 2022 at 03:56 pm
I don't follow the gaps on the QQQ though will have to see if the market gives me what I'm looking for otherwise. It all trades together relatively speaking, not perfectly though good enough.
I run my trading money differently than long term inventory in terms of buying and selling time frames and areas of entry/exit.. Always something good going on.