We Will Rok U

Sometimes being a man who stares at charts, gets titillated and acts upon that titillation pays off. ROKU was brought to my attention by a subscriber who asked that it…

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Value is in the eyes of the beholder

Why have Value stocks delivered frustration while over-valued Tech and Growth deliver the big gains? Well, this... And this... Call it a bubble or call it the future now. My…

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NDX Tests Breakout Support

Last week NDX put in something of an Evening Star Doji and bull trapped the momos into a pullback for a second time, as we noted in NFTRH 609. Today…

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STAA: 45% Profit Taken on 1/2 Position

I am taking a profit on half of my position in STAA, which has grown too large. It's only good practice, as it is at the measured target from the…

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Materials Sector Short Closed Out

It was my one and only short position (currently very high cash is now the risk manager), and it was taken on a top tick but not on a setup,…

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Is This Guy for Real?

Found at MarketWatch... Barstool Sports founder believes he’s a better investor than Warren Buffett and has determined day trading is ‘the easiest game’ there is Listen to this dangerous man…

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Materials (XLB) Short Working Well

From the Trade Log on June 5: I took my first short today, against the US Materials sector (XLB) as it rises hysterically to near the previous highs and fills…

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Jet Blue Flies to a 43% Profit

Thank you dear manipulatively hands-on president, dear panicked, reflating Federal Reserve, dear Treasury and dear me (AKA taxpayer) for funding this ridiculous market sentiment event. Jet Blue has flown to…

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A WORK-manlike Profit Taken

Chart guy sees pattern. Chart guy sells stock during risk management despite intact pattern. Chart guy keeps stock on radar and continues to lust over chart pattern. Chart guy buys…

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DVAX Launch Hits Escape Velocity

The terminology is in honor of the SpaceX launch. But what else can I call this thing that DVAX did? I patiently watched it make a severe bull flag pullback…

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Revisiting SPY & XLV 60 Min. Charts

On May 8th we discussed lesson #1,764,328... That lesson would be: When you think you see something in the markets and your methods have been working do not be unduly…

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When the Crap Reverts

When downside leaders like the small caps finally revert upward to their previous (down) trends, maybe then the market will top out and the sentiment rally will terminate. If moves…

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