Posted by DigiNomad on 15th of May 2024 at 01:22 pm
The most frustrating thing to me about these money printing
fueled rallies is that they are characterized by NOT letting you
get in...they make you chase. The Janet rally that started after
the QRA in late October blew the 21 week EMA touch record out of
the water...there was nothing like it ever before in history (by
that measure). This feel similar...and again on the heels of a QRA
where issuance target was greatly exceeded. The idea that you can
wait for a reasonable entry doesn't work that well when the
underlying currency is being diluted so quickly.
Posted by DigiNomad on 15th of May 2024 at 01:16 pm
It's a premium feature - I believe it's $10 extra per month.
You could pretty easily setup something to scrape this
website on a schedule and create alerts, when appropriate....but it
would probably be more effort than $10/month is worth (although
developing the skill could be priceless)
Posted by DigiNomad on 15th of May 2024 at 12:41 pm
All hail to Janet and her printer. She's not going to
allow a correction, much less a recession. That was very clear in
the announcements about buybacks and a 20% surprise increase in
issuance over a level most thought would be hard to beat. She blew
the target out of the water like it was a bathtub rubber ducky
instead of the largest issuance target in US history. It's been
game on every day since...which makes perfect sense.
If you're middle class. Sorry. Maybe consider borrowing to
top off assets exposed to currency dilution asset inflation. By my
math, most people will need about 15x their annual income needs in
assets benefiting from inflation to stay ahead of it (e.g. if you
need 100k annually to live in today's dollars, then 1.5 million in
assets, if well exposed to asset classes that benefit from
inflation should keep you above water over the longer term. Below
that and most likely you will eventually be reliant on the Gov). If
the 15x assets to income is problematic, you need to be extra
vigilant about staying on target with the assets that are inflating
the most and switch when then inflation shifts. But if you're
working with a 400K portfolio and you have 100K is income needs and
are retiring anytime soon, it's going to be tough to get to a place
where you're not losing ground. It's just math.
Posted by icecoldjones on 15th of May 2024 at 12:28 pm
So much for that break in symmetry early April, the market
didn't care and went right back new ATHs! Are there rocketship and
moon emojis in this forum? LOL
The most frustrating thing to
Posted by DigiNomad on 15th of May 2024 at 01:22 pm
The most frustrating thing to me about these money printing fueled rallies is that they are characterized by NOT letting you get in...they make you chase. The Janet rally that started after the QRA in late October blew the 21 week EMA touch record out of the water...there was nothing like it ever before in history (by that measure). This feel similar...and again on the heels of a QRA where issuance target was greatly exceeded. The idea that you can wait for a reasonable entry doesn't work that well when the underlying currency is being diluted so quickly.
This is under the Account
NYSI systems working out
Posted by luminaoptions on 15th of May 2024 at 01:19 pm
This is under the Account tab
It's a premium feature -
NYSI systems working out
Posted by DigiNomad on 15th of May 2024 at 01:16 pm
It's a premium feature - I believe it's $10 extra per month.
You could pretty easily setup something to scrape this website on a schedule and create alerts, when appropriate....but it would probably be more effort than $10/month is worth (although developing the skill could be priceless)
Is there a way to
NYSI systems working out
Posted by jonesy85 on 15th of May 2024 at 01:10 pm
Is there a way to automate these where we can get a text or email when there is a signal?
NKE ... Just sell it
Posted by mla127 on 15th of May 2024 at 12:45 pm
NKE ... Just sell it ...
GM
Posted by mla127 on 15th of May 2024 at 12:43 pm
GM
All hail to Janet and
So much for that break in symmetry early April, the ...
Posted by DigiNomad on 15th of May 2024 at 12:41 pm
All hail to Janet and her printer. She's not going to allow a correction, much less a recession. That was very clear in the announcements about buybacks and a 20% surprise increase in issuance over a level most thought would be hard to beat. She blew the target out of the water like it was a bathtub rubber ducky instead of the largest issuance target in US history. It's been game on every day since...which makes perfect sense.
If you're middle class. Sorry. Maybe consider borrowing to top off assets exposed to currency dilution asset inflation. By my math, most people will need about 15x their annual income needs in assets benefiting from inflation to stay ahead of it (e.g. if you need 100k annually to live in today's dollars, then 1.5 million in assets, if well exposed to asset classes that benefit from inflation should keep you above water over the longer term. Below that and most likely you will eventually be reliant on the Gov). If the 15x assets to income is problematic, you need to be extra vigilant about staying on target with the assets that are inflating the most and switch when then inflation shifts. But if you're working with a 400K portfolio and you have 100K is income needs and are retiring anytime soon, it's going to be tough to get to a place where you're not losing ground. It's just math.
SHOT--this popped up on a
Posted by shellson2 on 15th of May 2024 at 12:35 pm
SHOT--this popped up on a micro-cap screener, double bottom potential. Volume is meh today. FWIW. Interesting niche they play in
QQQ
Posted by steve on 15th of May 2024 at 12:33 pm
QQQ - Chart Link - new demand zone formed
$SPX 10m ...
Posted by mla127 on 15th of May 2024 at 12:33 pm
$SPX 10m ...
So much for that break
Posted by icecoldjones on 15th of May 2024 at 12:28 pm
So much for that break in symmetry early April, the market didn't care and went right back new ATHs! Are there rocketship and moon emojis in this forum? LOL
Dell/SMCI: Their combined market cap
Posted by shellson2 on 15th of May 2024 at 12:27 pm
Dell/SMCI: Their combined market cap currently equals what Nvidia’s was in January of 2020.
XLF ... similar look
XLF ... tight ...
Posted by mla127 on 15th of May 2024 at 12:16 pm
XLF ... similar look for the Canadian one
$VIX ... wonder if we'll
Posted by mla127 on 15th of May 2024 at 11:57 am
$VIX ... wonder if we'll see single digit VIX again ... it's been pretty low for the past year on avg
GDX
Posted by matt on 15th of May 2024 at 11:36 am
GDX - Chart Link- that pullback on the 60 min from the highs had a cup and handle look to it prior to today's breakout
GDX - Chart Link- daily
MSTR nice
Posted by matt on 15th of May 2024 at 11:34 am
MSTR - Chart Link-
US Dollar
Posted by steve on 15th of May 2024 at 11:32 am
$USD - Chart Link20/50 MA squeeze playing out with downside pressure
MSTR 1400 first target achieved
Posted by steve on 15th of May 2024 at 11:31 am
MSTR 1400 first target achieved - this was discussed in audio comments last week
USO ... Nice rebound on
Posted by mla127 on 15th of May 2024 at 11:24 am
USO ... Nice rebound on oil after inventory report
NYSI systems working out
Posted by matt on 15th of May 2024 at 11:13 am
$NYSI - Chart Link-
$NYSI - Chart Link-