frankz

I am dissecting $MSTR parabolic move. • The more things change, the more they stay the same. • 11/20 $MSTR starts to parabolic, and I tweet an old blog about previous parabolic moves. • Rich Dad, Poor Dad guy tweets this; I agree with Saylor's $13,000,000 Bitcoin price target. That's roughly 13,000% away. • This is when we start to lose logic leaves the room. • You have extraordinary popular delusions and madness of crowds. • This also happened on 11/20   Not a ZorTrades Alpha Premium Member? Click here to join! Free trial Available.

I've written several times about a breadth model that I use as a green/red light signal for short-term swing trading. #1 You Need This To Be Consistent In Short-Term Trading. #2 It's Time To Take Advantage The market made a huge move after the election. However, intraday on 11/12, we had a negative breadth flip. Here is the real-time audible. $SPY chart 11/12/2024, 11:15 AM I don't trade much, if at all, when breadth flips negative. However, there were some opportunities on some inverse ETFs that were short-term extended and offered good risk-reward opportunities: $MSTZ, $SOXS, $SARK, and $FNGD. Click on the [...]

Roblox $RBLX and Exxon Mobil $XOM have traded sideways for a LONG TIME. Both are recently breaking out with what looks to be on the back decent catalysts. Roblox is breaking above its almost three-year range after reporting earnings on 10/31/2024. Exxon is breaking above its two-year range after Donald drill drill drill Trump won the presidency. I’m always intrigued by bases. Typically, a prolonged period of contraction leads to an extended EXPANSION period. We have covered bases extensively on the blog, and they are one of my favorite set-ups. Stan Weinstein, the author of Secrets For Profiting In Bull And [...]

Make sure to take advantage of the offer at the bottom of the post. The market environment is probably the most critical ingredient that affects trading performance. Identical exact setups will work differently in different market environments. This dynamic leads to frustration for many who don't have a market timing tool for their swing trades, an on and off button for short-term swings. I'm not going to bore you with a long post. On 9/13/2024, we wrote; It's Time To Take Advantage This positive breadth environment lasted nine trading days, from 9/11 until 9/23. In the post, you'll see some [...]

On September 24th, 2024, China’s central bank unveiled its most AGGRESSIVE stimulus since the pandemic. "This is the most significant PBOC stimulus package since the early days of the pandemic," said Capital Economics analyst Julian Evans-Pritchard. HedgeFund Legend David Tepper, who has been overweight China ADRs, compares the China stimulus to our very own stimulus of 2010. Back then, David Tepper said he was “balls to the wall” long because of the stimulus. His fund ended up 132% that year. His sentiment in China right now is to buy EVERYTHING. Take a listen. The Chinese names have had an incredible [...]