frankz

This week was all about going against conventional wisdom. The week's best-performing stocks were the ones that were down the most up, which is typical action in almost every initial bounce after a severe correction. You can clearly see that in the best-performing stocks this past week in the Russell 3000, take a look at the weekly change and their one and three-month change. It's very simple; FIFO- first in, first out. HHHB--hardest hit, hardest bounce.  Short-term speculators should go to what is working now or what works best during the current market environment and not what conventional wisdom says. [...]

You can find stocks before the breakout here (managed assets) https://bit.ly/2FFqa6q or DIY https://bit.ly/2TgOJi1 You can view over 100 shared trades here https://bit.ly/2umUIYG

The market rout continued this week; the S&P 500 lost -14.98%, it's now down -31.67% in the last month and -28.66% year to date. $VIX +371% YTD, $TLT +17.68% YTD, $QQQ -19.71% YTD -28% FROM 52-WEEK HIGH, $SPX -28.66% YTD -32.08% FROM ITS 52-WEEK HIGH, effectively wiping out last years gains. Volatility continues, the 10-day average true range for the $SPY is $21.36, that's a 9.3% daily range, unprecedented volatility. FAANG as unit is down -22% from its 2/19/2020 high ($FB, $AAPL $AMZN $NFLX $GOOGL). Six $QQQ names are positive this year; $REGN $GILD $CTXS $JD $NFLX and $TSLA, which [...]

If you been following me for a while, you would know that when the market is under stress and going through a severe correction, I tend to get more active on social media, providing information that can help people navigate through the crisis. I'm not out there fear-mongering, mocking, or tooting my own horn, and like me, many continuously provide useful information and are genuinely trying to help people during stressful times. Follow me on Twitter for live updates.  I'm going to share some of their tweets here, and then we will dive into some of the extreme breadth data [...]

What a sell-off, the financial media said that this was the worst week since the great financial crisis, the S&P 500 was down -11.4%, at lows of Friday is was down as much as -14%. Underneath the surface, breadth was as bad as it was back in December 2018 when the S&P 500 was down -20%. But before we jump into the data here are a few things we should know; "The psychology of the investing public changes---cycling from the most blissed-out euphoria abut equities to the most abject terror and then back again, always at the wrong times." Almost [...]

By studying the year to date biggest winners, you can learn a lot about what works, what doesn't work, what is true, what is false, and more importantly, you can build scans based on the shared commonalities that winners have to find future winners. The video below explains how you can do it. You can find stocks before the breakout here (managed assets) https://bit.ly/2FFqa6q or DIY https://bit.ly/2TgOJi1 You can view over 100 shared trades here https://bit.ly/2umUIYG

The market continues to roll with the "punches", it seems nothing can derail it. In times like this as trader and investor the less you know, the less you hear, the better off you are.

A couple of weeks ago, I tweeted the attached picture below. At the time is when Tesla started to move aggressively to the upside; finally, it had a blow-off move similar to the way SLV did back in 2011, BYND a year ago, $TLRY a couple of years ago, Bitcoin back in 2017, the 3-d stocks in 2014, the solar stocks back in 2007, the rare earth stocks; MCP and REE, etc. There is nothing new about this. When stocks start to go parabolic, some people lose all their logic; you begin to hear outrageous things like; They are going [...]

Last weeks biggest % winners were; $PHAS +30% $YRD +14% , $INSG +13%. CLICK TO ENLARGE. This week's biggest dollar GAINERS; $DXCM high print +$12, $CRTX high print +$6.35 In trading you always end up with some remorse, you sold too soon and then the stock takes off, you keep some on and the stock reverses and eats up all the open profits. This week's sellers remorse $CALA sold too soon and the stock took off 20%, But on the flip side, I'm glad I sold INSG when I did because it reversed a +15% move. Every trade is random [...]

It's not often that you get a major sector/industry or country that is down for three years in a row, the last time it happened was in  2015 when Brazil (EWZ) had a losing streak of 5 years, here is a POST I wrote about it in 2015. Today we have three ETF's that are down 3-years in a row; XOP, OIH, XES. All three ETFs are in the same sector (oil), and the chances are high that they will move together as one. “The time to buy is when blood is running in the streets.”—Baron Rothschild It feels much [...]