Posted by DigiNomad on 23rd of Apr 2024 at 07:51 pm
I love longer term setups! But how do you know if it's
appropriate without a fundamental overlay?
It would be a nice feature to include some kind of basic
fundamental indicator because, as it stands, I have to look up each
pick to determine if I'm dealing with a potential no earnings ever
losing billions meme play toy or something that's setting up for
fundamental reasons. They both work at times, but I find patterns
with a decent fundamental backdrop fail less and fail less
spectacularly than the 100's of play toys with junk fundamentals
that we cycle through every year. Maybe a corner box that
shows only "PEG and revenue grow%"....even just a "earnings?
Yes/No" would be awesome.
As it stands, there is zero finance on the "only finance site
you'll ever need." A single indicator on the STS tables would at
least allow sorting the meme stuff from the rest.
yes it's always best with weekly charts that you may consider
holding if you get a trigger, to also dive into the fundamentals. I
have not looked into those for FUTU, I simply saw the chart and
threw it out - but yeah folks should do research on their own -we
don't always have time when we are posting 100 charts, we see the
chart and setups and post them - give you ideas, you pick and
choose from those ideas, do research etc
Yes I've discussed possibly adding an earnings date to the STS
tables - but it's also data feed we'd have to setup and pay a
service like $100 a month for, again I've discussed that. that
said, we have an earnings calendar in the newsletter - you can pull
up the page and use CNTR/F on your keyboard to look up earnings for
stocks, it's been there for 15 years as a resource - maybe we
can also put the same link on the STS tables page, but again the
earnings resource has always been here
Your comment: As it stands, there is zero finance on the "only
finance site you'll ever need." come on man, feels like a dig for
no reason
that 'only finance site you will ever need' honestly that was on
the template for the webpage when we bought a template to use way
back then yeah it's cheesy but I didn't bother messing with
it.
I work my ass off here, don't go to places a lot of times with
family because I work too much. Please guys, things are not perfect
here and can be a bit haphazard and not polished, that said I think
we do a hell of a job with our analysis and systems and
educational, I'd appreciate giving some leeway to things and
hold back on some criticisms
You do...do an a hell of a job, Matt...Steve does too!
Thank you both. I am a far better trader for having
stumbled across BPT years ago. You can't be all things to
everyone, so don't try.
Posted by DigiNomad on 23rd of Apr 2024 at 08:55 pm
I'm just here to make money. You guys can say nice things to
each other and be "supportive" but I'm just working.
Sometimes I throw out suggestions for improvements, like the
one today about adding a column to the STS tables for sorting. Use
it or don't. It would help me but you guys seem to do fine without
much fundamental overlay, so you do you. If I find something
that does what this does plus offers a fundamental overlay, I'll
switch...but so far that hasn't happened. I know that any
suggestions are viewed as criticism here, but I'm still going to
offer suggestions every once in a while. Maybe something will help
one of these days. Maybe not. If you guys want to be
offended, that's on you.
Also, if the community got really good, maybe someone would
say something like "hey, I have a excel sheet that I programmed to
pull data fields automatically from the Google finance API after a
ticker is entered. You can set it to pull basic parameters for free
like PE, current prices, etc. Let me know if you want a copy and
I'll forward it to you." ...you never know unless you throw
out ideas.
Personally - I do a fundamental overlay (in some degree on
anything I'm considering swinging) but Digi we only have so much
time. It takes a fair amount of time to perform even a brief
fundamental review (not just some glance at historical figures
which are often mistaken). Do you have any idea how long it
takes to organize a comprehensive nightly newsletter annotating
charts and then recording? What other site does that on a
daily basis as well as provides comments all day in the trading
community? Answer: NONE and even those that perform 1/10 of
that charge considerably more each month. So please take that
into consideration and be realistic with such
expectations.
Posted by DigiNomad on 23rd of Apr 2024 at 09:13 pm
Yep. It takes a lot of time (fundamental analysis and making
nightly videos). But I was thinking there might be 1, 2 or maybe 3
basic data points available via a public API that could at least
allow us to broadly categorize picks as potentially good for
________ (intraday trading only, overnight hold potential, enough
fundamental support to swing, potential long term hold idea).
Nothing's perfect, but I can glance at an IBD chart or FinViz
and tell a lot very quickly. All I'm suggesting is that it
would probably help all of us if the process was condensed....even
if imperfectly. I don't expect it to happen, but worth the
mention anyway.
*available via public API - in other words, no additional
work once setup....in theory. If it was me, I'd definitely
have a disclaimer in the column heading, like "not responsible for
data pulled from 3rd party provider via Yahoo finance API." Not
like anyone relies on a single fundamental data point to make a
trade, and most know that Yahoo and Google often disagree on the
same data point, but better to have a disclaimer anyway.
I think you just answered your own question - when an idea
appears YOU can simply take a moment to peruse such sources and
make such determination yourself - it's in the eye of the beholder
as to certain fundamentals. This is a technical website and
we are already stretched to the hilt on time but we would welcome
any additional insight you or anyone else may have relating to any
such security. Ironically, many of the big runners I have
seen over the past year plus have little to weak fundamentals
and/or extreme valuations historically but they get swept in the
passive investing scheme as so eloquently outlined by David
Einhorn.
FUTU, AQST
Posted by matt on 23rd of Apr 2024 at 06:57 pm
FUTU - Chart Link- very nice weekly base/coil setting up
AQST - Chart Link-
FUTU looks good enough I
Posted by mastermind on 23rd of Apr 2024 at 07:17 pm
FUTU looks good enough I bought AH. I was already considering it from IBD's Stocks on the Move.
love these longer term setups,
Posted by foody518 on 23rd of Apr 2024 at 07:08 pm
love these longer term setups, thanks Matt
I love longer term setups!
Posted by DigiNomad on 23rd of Apr 2024 at 07:51 pm
I love longer term setups! But how do you know if it's appropriate without a fundamental overlay?
It would be a nice feature to include some kind of basic fundamental indicator because, as it stands, I have to look up each pick to determine if I'm dealing with a potential no earnings ever losing billions meme play toy or something that's setting up for fundamental reasons. They both work at times, but I find patterns with a decent fundamental backdrop fail less and fail less spectacularly than the 100's of play toys with junk fundamentals that we cycle through every year. Maybe a corner box that shows only "PEG and revenue grow%"....even just a "earnings? Yes/No" would be awesome.
As it stands, there is zero finance on the "only finance site you'll ever need." A single indicator on the STS tables would at least allow sorting the meme stuff from the rest.
yes it's always best with
Posted by matt on 23rd of Apr 2024 at 08:15 pm
yes it's always best with weekly charts that you may consider holding if you get a trigger, to also dive into the fundamentals. I have not looked into those for FUTU, I simply saw the chart and threw it out - but yeah folks should do research on their own -we don't always have time when we are posting 100 charts, we see the chart and setups and post them - give you ideas, you pick and choose from those ideas, do research etc
Yes I've discussed possibly adding an earnings date to the STS tables - but it's also data feed we'd have to setup and pay a service like $100 a month for, again I've discussed that. that said, we have an earnings calendar in the newsletter - you can pull up the page and use CNTR/F on your keyboard to look up earnings for stocks, it's been there for 15 years as a resource - maybe we can also put the same link on the STS tables page, but again the earnings resource has always been here
https://hosting.briefing.com/cschwab/Calendars/EarningsCalendar5Weeks.htm
Your comment: As it stands, there is zero finance on the "only finance site you'll ever need." come on man, feels like a dig for no reason
that 'only finance site you will ever need' honestly that was on the template for the webpage when we bought a template to use way back then yeah it's cheesy but I didn't bother messing with it.
I work my ass off here, don't go to places a lot of times with family because I work too much. Please guys, things are not perfect here and can be a bit haphazard and not polished, that said I think we do a hell of a job with our analysis and systems and educational, I'd appreciate giving some leeway to things and hold back on some criticisms
hosting.briefing.com
Briefing.com: Earnings Calendar
You do...do an a hell
Posted by RichieD on 24th of Apr 2024 at 08:40 am
You do...do an a hell of a job, Matt...Steve does too! Thank you both. I am a far better trader for having stumbled across BPT years ago. You can't be all things to everyone, so don't try.
I'm just here to make
Posted by DigiNomad on 23rd of Apr 2024 at 08:55 pm
I'm just here to make money. You guys can say nice things to each other and be "supportive" but I'm just working. Sometimes I throw out suggestions for improvements, like the one today about adding a column to the STS tables for sorting. Use it or don't. It would help me but you guys seem to do fine without much fundamental overlay, so you do you. If I find something that does what this does plus offers a fundamental overlay, I'll switch...but so far that hasn't happened. I know that any suggestions are viewed as criticism here, but I'm still going to offer suggestions every once in a while. Maybe something will help one of these days. Maybe not. If you guys want to be offended, that's on you.
Also, if the community got really good, maybe someone would say something like "hey, I have a excel sheet that I programmed to pull data fields automatically from the Google finance API after a ticker is entered. You can set it to pull basic parameters for free like PE, current prices, etc. Let me know if you want a copy and I'll forward it to you." ...you never know unless you throw out ideas.
Personally - I do a
Posted by steve on 23rd of Apr 2024 at 09:06 pm
Personally - I do a fundamental overlay (in some degree on anything I'm considering swinging) but Digi we only have so much time. It takes a fair amount of time to perform even a brief fundamental review (not just some glance at historical figures which are often mistaken). Do you have any idea how long it takes to organize a comprehensive nightly newsletter annotating charts and then recording? What other site does that on a daily basis as well as provides comments all day in the trading community? Answer: NONE and even those that perform 1/10 of that charge considerably more each month. So please take that into consideration and be realistic with such expectations.
Yep. It takes a lot
Posted by DigiNomad on 23rd of Apr 2024 at 09:13 pm
Yep. It takes a lot of time (fundamental analysis and making nightly videos). But I was thinking there might be 1, 2 or maybe 3 basic data points available via a public API that could at least allow us to broadly categorize picks as potentially good for ________ (intraday trading only, overnight hold potential, enough fundamental support to swing, potential long term hold idea). Nothing's perfect, but I can glance at an IBD chart or FinViz and tell a lot very quickly. All I'm suggesting is that it would probably help all of us if the process was condensed....even if imperfectly. I don't expect it to happen, but worth the mention anyway.
*available via public API - in other words, no additional work once setup....in theory. If it was me, I'd definitely have a disclaimer in the column heading, like "not responsible for data pulled from 3rd party provider via Yahoo finance API." Not like anyone relies on a single fundamental data point to make a trade, and most know that Yahoo and Google often disagree on the same data point, but better to have a disclaimer anyway.
I think you just answered
Posted by steve on 23rd of Apr 2024 at 09:24 pm
I think you just answered your own question - when an idea appears YOU can simply take a moment to peruse such sources and make such determination yourself - it's in the eye of the beholder as to certain fundamentals. This is a technical website and we are already stretched to the hilt on time but we would welcome any additional insight you or anyone else may have relating to any such security. Ironically, many of the big runners I have seen over the past year plus have little to weak fundamentals and/or extreme valuations historically but they get swept in the passive investing scheme as so eloquently outlined by David Einhorn.
Matt can you create a
Posted by kingpin15 on 23rd of Apr 2024 at 08:18 pm
Matt can you create a system that does the buying/selling for us too?
I'm on it! also - will
Posted by matt on 23rd of Apr 2024 at 08:19 pm
I'm on it!
also - will create a new company like a Door Dash - call Stock Dash, where you'll get a courier to your door to let you know about trades :)