frankz

You can argue that we have been in a 20-month bear market. The market of stocks (most individual names) peaked on February 2021. The indices peaked on 1/4/2022. Many individual stocks that were Wall Street darlings in 2021 are down -70-80%; ZOOM, DOCUSIGN, NETFLIX, PINTEREST, ZILLOW, REDFIN, ARKK FUNDS, etc. The S&P 500 is down nearly -25% this year, the Nasdaq is down -32%, and the small caps are down -25%. The good news is that: All Bear Markets End.  Since 1926 the average bull market has lasted 8.9 years on average. The average bear market has lasted 1.3 years on average. Click to ENLARGE. [...]

What I do on Twitter and StockTwits is very simple; I post ideas of what I’m seeing and or looking to trade. More importantly, I make those very same ideas ACTIONABLE with specific buy points and sell points for ZorTrades_Beta Subscribers and my Managed Assets clients. Here is a recent example: Here is how I made it actionable: The goal is to buy set-ups on the FIRST day of a potential multi-day move. You then want to reduce most of your inventory on days 3, 4, and 5 regardless if the stock is down, only up 2%, 3%, 5%, etc. Afterward, you want to take the money [...]

Based on the indicator T2106, the McClellan Oscillator, the market is more oversold than it has been in a while.  Readings of -200 are considered oversold, and they rarely happen. Yesterday we clocked a reading of -273. The chart below shows the recent dates where we had -200+ readings on the McClellan Oscillator. Here is the SPY chart when annotated with the dates above. https://www.screencast.com/t/KspMULrWI85 We have all heard the saying; oversold can become more oversold. That is true, but we are in a game of probabilities. And the probabilities favor a short-term bounce before new lows are made.  We [...]

The shorter your timeframe, the more entries matter. In the short-term, you chase you lose. You want to get involved on the first day of a potential multi-day move. If you are buying something that is already up 4-5 days in a row, you are simply too late in the short term. $SD is a perfect example. When the stock finally got to the level that most people would consider it for a cookie-cutter "breakout" play, it was up 6 out of the last seven days. $SD was already up +30% in the last week when it got the "breakout" [...]

The Russian/Ukraine ordeal is dominating the action right now. The market is also in the process of pricing in some interest rate hikes and QE tapering. We've had wars before. The Fed has raised rates in the past. There is really nothing new under the sun. The S&P 500 is down -11.34% YTD. The Nasdaq is down -16.67% YTD. The small caps are down -13.27% YTD. ARK innovation fund (ARKK) is down -35.64% YTD and -56% from its 52 week high. Some of these stocks ARKK stocks will never come back. Like always, individual stocks have fair a lot worse [...]

There is nothing more important to me than reducing risk after I put on a trade. In the video below you'll see the significance of it. You can find Stocks Before They Breakout Here  and here  You can view over 400 of my trades here https://www.tradervue.com/shared/users/8059.

When your scans are based on the way stocks actually move, then you can use the same EXACT scans on different timeframes; intraday, daily, weekly. You might be asking yourself, how do stocks move? Go through hundreds of charts and start to pinpoint where moves are starting from? Take a look at these examples; You have to get out of your head the thought that moves only start when they break a resistance level; that's nonsense. So after you go through hundreds of charts and pinpoint starting points of moves, you can begin to write your own scans. One of [...]

Finally, the major indices are showing some sign of weakness, and people want to know what is going on? There is more to the market than the S&P 500 and the Nasdaq. Both indices masked the carnage in most individual stocks that started in February 2021. Individual stocks and new YOLO traders have gone from euphoria to desperation in one year.   Five stocks drive 50% of the Nasdaq 100; those same stocks amount to 26% of the S&P 500. Those stocks held up the "indices" while everything was cratering. The Dow Jones is an outdated index of 30 stocks, [...]