Search results

Inflation, when rising sharply like it is now to a 28 year high is bad for most but not all stocks, depending on materials they use, shipping costs, & labor. Many once profitable companies lose money during inflationary periods. The market is massively distorted from the Fed/central banks...

Warren Buffet is reporting seeing significant inflation - in so many warns that this is not just 'transitory'. Some large fund mgrs warn the Fed they are playing with fire, & urge them to raise interest now before we go over a cliff.

Minervini is killing it, up 178% so far, he has won before in the 90's. Last year Oliver Kell won with a gain of 941%. Both are trend traders using mainly chart patterns, price/volume action, relative strength, moving averages, & to a smaller degree some fundamentals like earnings growth. They...

All trading is rooted in discretionary human decisions weather it is programed or manually hand traded which explains why the performance over the last 5 years is narrow. Both discretionary & systematic have their pros & cons, the trend these days is a hybrid between the two which so far has...

♣ Kelly Criterion The Kelly criterion is the fraction of capital to wager to maximize compounded growth of capital. Even when there is an edge, beyond some threshold, larger bets will result in lower compounded return because of the adverse impact of volatility. The Kelly criterion defines this...

All traders have this problem to some degree no matter how long they traded, or how much they have made. It's a lot easier to find ways to make $ in the market than it is to actually execute it through thick & thin. Marty Schwartz (pit bull) this legend went on full tilt a few years ago...

Your getting warmer, just backwards engineer your trades with risk-to-reward of 10:1 & your on the way. Tips: Take a partial profit like a quarter or third of the position when you have a decent profit - move the stop to break-even & let the rest run if its acting right meaning shallow pull...

Second Concept: Momentum measures the slope of a trend. I would say the slope of price can be measured to identify changes in momentum. Each VIAC leg up has a higher degree trend line which shows the momentum accelerating. increasing.

The way I see it trend is the directional path while momentum is the velocity of price change over time. In a trend there can be periods of high momentum.

I am short the NQ myself with my line in the sand at 13721.

NQ up 735 pts off it's May 21st low. Shorting this mkt is like standing in front of a freight train.

That was me - did not want to sound preachy so I deleted it. Depends on what time frame you compare TQQQ with SOXL. On most QQQ legs up the SOX often leads by a wide margin. Feb 2014 - present SOXL outperforms TQQQ by 65%.

If you like TQQQ check out SOXL (semiconductor 3X)

Wow, you just about got your AMC @ $16 in the after hours, nicely done:D

That is distorted since many that got a stimulus check were at or near broke, find a quarter in your couch when your broke and your up 25%.

Maybe consider setting up in a trust investing through a few of the better funds. There are some with stellar long term track records with reasonably low mgmt fees, like 2%. Let's face it, novice traders have a success rate on par with surviving a jet airplane crash.

Depends on what state you are in, Hawaii & New York for example are still not allowing people to go unmasked without facing getting a ticket or arrested.

* CBO is the nonpartisan Congressional Budget Office. https://fee.org/articles/new-report-shows-how-congress-has-screwed-over-young-people/?itm_source=parsely-api

Greed is good? this 1987 film was supposed to repulse the viewers of the corporate raiders - the Carl Icahn's of the world, it backfired making many young people strive to be like Gordon Gekko.

Starting after 2009 if you tried to withdrawal cash of more than a few grand often you would be treated as a major criminal - talking about Fed agents coming to the bank to interrogate you. It's now wonder Crypto's are the rage. Cash is trash & the Fed is bent on destroying it, a big hidden...