frankz

The markets are at all-time highs or a stone's throw away from all-time highs, but underlying breadth is not what you expect it to be, with indices at highs. This reminded me of August 2015 when the SP500 was at highs, but most individual names were in the gutter. At the time, the bloggers were pointing out how the SP500 A-D line was at highs, and everything was fine. The traders were complaining about the action, setups after setups were failing, nothing was gaining traction. You can read that post here; https://frankzorrilla.com/the-market-dilemma-that-is-driving-everyone-nuts/. I'm not going to post a chart about [...]

This week's TOP 20 Industries; how to find them, how narrow down the stocks, and a couple of interesting plays for Monday 15, 2021. You can find Stocks Before They Breakout Here https://bit.ly/2Cuh784 and Here https://bit.ly/2JZ3JNR. You can view over 400 of my trades here https://www.tradervue.com/shared/users/8059.

What a week! GameStop has caused a stir on Wall Street, Main Street, and Capitol Hill. There's not one person, child, or animal that has not talked about GameStop this week. What's happened has been truly remarkable because of the speed of information, social media, influencers, and the hyperventilated reporting that goes on nowadays.  If you don't shoot first and ask questions later, you are not reporting the right way. If you allow the truth to get in the way of a narrative or a good story, then you are doing it all wrong. We have wolves dressed as sheep [...]

$LPI, $AAL, $CCL, $WMC, $CRON $BCOR are six stocks that are trying to emerge from bases. I’m always intrigued by bases; typically, a prolonged period of contraction leads to an extended EXPANSION period. We have covered bases extensively here on the blog, and they are one of my favorite set-ups. The last post that I wrote about bases was back in September, and those stocks have done really well; see for yourself; Six Bases Worth Keeping An Eye On Stan Weinstein, the author of Secrets For Profiting In Bull And Bear Markets, has a great definition of the “basing area,” specifically [...]

It is important to recognize themes that are playing out in the market, along with the sympathy plays. Early in the week, we recognized that the EV stocks were perking up, we were able to take advantage of them; $KCAC $VLDR $RIDE $GMHI $HCAC $HYLN $SOLO $WKHS $NETE $PLL. It all started with KCAC, and then it was a domino effect. Check out the trades; KCAC high print sale +10% $VLDR high sale print +20% https://www.tradervue.com/shared/trades/21277321 $PLL high sale Print +17.8% https://www.tradervue.com/shared/trades/21277316 $SOLO was the one that got away, but the entry was spot on, high print +25% https://www.tradervue.com/shared/trades/21277319 $RIDE High sale print +15% https://www.tradervue.com/shared/trades/21277317 $HYLN still looks good, [...]

You can find Stocks Before They Breakout Here https://bit.ly/2Cuh784 and Here https://bit.ly/2JZ3JNR  Six Bases Worth Keeping an Eye On

$DECK, $MDB, $UA, $CDNA, $DT, $OKTA are six stocks that are trying to emerge from bases. I’m always intrigued by bases, typically, a prolonged period of contraction leads to an extended period of expansion. We have covered bases extensively here (SEE BELOW) on the blog, and they are one of my favorite set-ups. Stan Weinstein, the author of Secrets For Profiting In Bull And Bear Markets, has a great definition of the “basing area,” specifically the ones that are formed after several down months. The Basing Area: “After XYZ has been declining for several months, it eventually will lose downside momentum [...]

  You can find stocks before the breakout here (Managed Assets) https://bit.ly/2FFqa6q  A lot of Do It Yourself traders work with me at the trading room https://bit.ly/2TgOJi1 You can view over 300 shared trades including all the ones from last week here https://bit.ly/2umUIYG

When it comes to exits you are always going to feel some type of remorse, you sold to soon, you should've sold all the shares earlier, etc. What you need is clarity; are you a trader or an investor. What are you looking to accomplish with your trading?     To keep the selling remorse to a minimal level, I suggest clarity, and I suggest diversifying your sales; sell some on the way up, trail a piece 2x ATR, sell some when it breaks the 10-day, sell some when it violates the 20-day, etc. But be consistent with this approach, [...]

It is important and often profitable to be aware of any themes and sympathy plays that are occurring; this week, the COVID plays were back in action and also the electric car shell companies. Here is an old video explaining the importance of taking advantage of theme/sympathy plays;   It all started with $VXRT, which is also stuck in a perfect storm of news, theme, and Russell rebalancing. The type of situation that makes you look like an idiot instantly. The buy was spot on, for my timeframe entries are matter, they matter a lot. The entry was spot on, [...]