I rarely use heavy leverage, on average only about twice a year. When I do, it’s because I believe the risk/reward is exceptionally favorable, whether on the long or short side.
I’m sending a detailed push notification to Patreon members explaining why I’m increasing leverage in my own accounts and what I’m seeing…
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$SPY broke out of the triangle today. A new all-time high is now within reach and will likely act as a magnet for price.
Longer term, however, I still think the bulls are likely to fail. The main reason is that these yellow boxes have historically…
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$SNDK’s strong bull trend today is actually bad news for both the bulls and the bears. Here’s why:
For the bears, the reason is obvious, so I’ll skip that. For the bulls, today’s rally didn’t reset the buying climax enough.…
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$CRWV, Long term, I believe this yellow box will act as a launchpad toward $300 zone.
Short term, however, I don’t like the broader market. I think the odds favor a major downturn before the next sustained move…
Read post🚨 BREAKING:
The U.S. is revoking an Iran-related general license to export oil. A U.S. official also called Iran’s actions in the Strait of…
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$SNDK is now in free fall, just as expected.
Which red line do you think it ultimately reaches: 1, 2, or 3? I’m still fully short and plan to reverse to…
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$LITE , we shorted this a few weeks ago, and it’s finally starting to break down.
I’ve seen some posts from people calling this a good buying opportunity, but I disagree. I think it’s likely we move lower…
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$MU is down on the expected Samsung-related selloff.
I’m still fully short and will reverse to long when the probabilities shift in my favor. Until then, I’ll keep assessing the…
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Michael Burry says stocks will crash and that any rallies from here won’t last.
He hasn’t been right very often in recent years, but this time I think he is. One reason: late in a trend,…
Read postWeekly Nasdaq update is now live.
Likely strong higher open on Monday, but do I think it’s sustainable? Not if you ask me. Here’s why: Also covered the…
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