Blog

134 Stocks priced above $2 and with a 20-day average volume of 250k or more are up 100% or more since the 3/23/2020 bottom. If you want to know what works and what doesn't work then study these stocks. If you want to bust a bunch of myths about trading that you hear and read about, then study these stocks? If you want to know the type of stocks that rebound first and the hardest after a huge correction, then study these stocks. If you want to know the difference between the strongest stocks and the best-performing stocks, then study [...]

Over the last week or so, I've read countless articles/tweets about the love affair with tech names, specifically the FANG names; $FB, $AAPL, $AMZN $NFLX, $GOOGL, $MSFT. We've seen massive net flows (new money) going to the Nasdaq 100, as you can see on the chart below. The FANG names dominate the NASDAQ 100. Here is another chart that gives looking at a different indicator, 14-week RSI, but it tells you the same story; investors are tripping over themselves to buy tech names. The daily sentiment index is another indicator that shows a little frothiness. There's more; All this data [...]

Since the 3/23/2020 market initial bottom, the best performing S&P 500 Sector is the Energy Sector, it is up a whopping +43.90%. I say it is sort of like the biggest laugh out loud situation because those in the know are fully aware that typically, the hardest-hit stocks/ETF's are what usually bounces the hardest FIRST, not what held the best. Quite frankly, there is a HUGE difference between the strongest sectors and the best-performing sectors. Energy is the worst-performing sector on a one-year basis down -44.59%, but one man's 1-year garbage is another man's 3-month gold. You need to be [...]

Below is a video that was made back in September in 2019. I go over some of the most compelling reasons why you should own the index ETF's as core holdings, especially after a market is down -15% or more.     You can find stocks before the breakout here (managed assets)  or DIY at the trading room  You can view over 100 shared trades including all the ones from last week here     

As always, I have an interest in the best-performing stocks within my daily swing timeframe, which is 0-10 days. Within that timeframe, the best-performing stocks have been the ones near 52-week lows; this has been consistent every week since the 3/23 initial bottom. You can call it a dash for trash, dead cat bounce plays, etc. But this action is consistent with what typically happens in bear market dead cat bounces, the stocks hit the hardest, bounce the hardest. Regardless of your beliefs, this is a fact, and in case you were wondering, the gains are worth the same as [...]

So this morning, I tried doing a live Zoom Meeting, and it did not work out so well. Over the last week I've been reading about all the zoom bombing going on, and today I had a chance to experience it, it wasn't pretty. However, I did a private meeting with a few people, it went great, and I uploaded it to YouTube. We covered a lot of ground, and I'm sure you will find some useful information. Here are some of the things we covered; The market. Swing Trades P&L equity line. Scans. Timeframes. Targets. Trend Following 2.0 Set-ups. [...]

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)  or DIY  You can view over 100 shared trades here

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 [...]