I have lots of consideration about this 'end of day' manual stop loss idea when I come across MisterLowRisk sharing it a few months. Here's an additional tactic I’d apply if I were in the U.S. or Europe, though time zone constraints prevent me from doing it:I would close any position with an unrealized loss right before the market closes (i.e., if it’s trading below the entry price, especially when that entry was based on a range breakout). If the trade hasn’t shown traction by day’s end, this approach can give an edge by further reducing R loss. It’s best done near the end of the day to allow the full day range to play out—since a last-hour rally could lift the position if it's below the average price earlier in the day.One downside you need to accept is re-entering an idea on higher entr
$Personalis(PSNL)$ (RS-99, ADR 8.12%) - Post Earnings Update (+41% Sales Growth YoY), Reclaim of Post-Earnings Gap Down in 3 Sessions Personalis, Inc. remains on my watchlist as I have been waiting for that RVOL entry. I'm now more inclined to consider future participation given the swift reclaim of its post-earnings gap down. Need to highlight the liquidity of this is name is barely at $4mil/d 750k shares/d on 50 days average. You certainly need high RVOL entry to reduce the widen spread cost. Last week earnings reveal +41% (+21% beat) YoY Sales Growth.Image
$PENN - Watchlist Name from the Strongest 1-Month Sector
$Penn Ent(PENN)$ - Watchlist Name from the Strongest 1-Month Sector, $Consumer Discretionary Select Sector SPDR Fund(XLY)$ PENN Entertainment has been so beaten down that its all-time high of $140 from 2021 barely fits the chart, as I wanted to highlight the significance of its recent 200-MA reclaim. The stock is currently within a 6-month ascending triangle pattern (a trend reversal chart pattern). Despite reaching a 9-month high yesterday, there’s still an unfilled gap up to $22.25.A potential hypothesis for this bottom could be the past two quarters of YoY EPS and sales growth. Do revisit this with $22.25 price alert set.Image
$ACV Auctions Inc.(ACVA)$ - Post Earnings Update (+373% EPS YoY, +44% Sales YoY), From the Strongest Sector, $Consumer Discretionary Select Sector SPDR Fund(XLY)$ I was waiting for a clean high RVOL attempt to break $21.15 pre-earnings since the last post, but the price retraced to the highlighted consolidation range. Post earnings, the price gapped out of this range and is now just below $21.30, showing reduced rate of change in price action over the last two sessions. This is a bullish flag price action behavior. This is a strong name fundamentally, and ACV Auctions is emerging as a momentum stock, increasing its ADR from 2.9% to 3.7% in under 3 weeks. I’ve set a price alert at $21.31, though I’d prefer
A lot of trading mistakes is due to having too HIGH expectations for big results. This causes stress, anxiety, poor judgement and overconfidence.This can happen in 2 ways:1. You lost money now you want to make it back. *Well, then you start to force trades, revenge trade, take big positions and make a bunch of other mistakes.2. You made a lot of money now you think you are unstoppable.* You got lucky a few times so now you think you don't need to manage risk, increase position size and double your money.🔑Takeaway* Stay focused and keep calm at all times.* Continue improving trading system and process* In the middle of trading don't change your process only do it afterwards when you review.* Consistency is what you are striving for as a trader nothing else (yes, nothing else).Overconfidence
1. $MillerKnoll(MLKN)$ MLKN - MillerKnoll - smalecap company performance since long breakout: 7.00%.2. $Highpeak Energy Acquisition Corp(HPK)$ HPK - Highpeak Energy Acquisition Corp - smalecap company performance since long breakout: 7.24%.3. $Midland States(MSBI)$ MSBI - Midland States Bancorp - smalecap company performance since long breakout: 16.19%. Smale Cap Companies Strength Trend Meter Bar ChartImageStrength Meter Maps11/12/24 (1) and whole Trend (2) Smale Cap CompaniesImage
META, MDB, QQQ, SNOW& AMC Share the Positive Moment!
Hello everyone! Today i want to share some technical analysis with you!1. $AMC Entertainment(AMC)$ Breaking out. Watching for a potential end of day runner here.2. $MongoDB Inc.(MDB)$ Nice volume gap above here.3. $Invesco QQQ(QQQ)$ This chart suggests this rally is just starting.4. $Snowflake(SNOW)$ Attempting to breakout this week.5. $Meta Platforms, Inc.(META)$ Volume shelf setup on the daily candle chart.Follow me to learn more about analysis!!
How to Trade Large Gap-Ups 📈Whether you’re holding positions heading into a large gap up or not, there are key principles to follow to protect your account and maximize your gains. Here’s how I approached last week's big gap up after the election and some tips for navigating these types of moves 👇1. Be Patient: Allow the first 15-30 minutes for the market to settle.. Initial profit-taking often occurs at the open. You’ll likely see key levels retested before a continuation OR see if a gap up gets sold. IF you didn't have any positions into the open.. this is when and where you'll find key opportunities to enter2. Focus on Strength: Target names with relative strength, strong news catalysts, or momentum from the previous session. These are the names more likely to hold their gap and continu
Similarweb: Riding the Wave of Digital Intelligence Growth
Q3 Earnings Report Highlights Similarweb ( $Similarweb Ltd.(SMWB)$ ) recently released its Q3 2024 earnings report, showcasing an 18% year-over-year revenue growth to $64.7 million, surpassing analysts' expectations. Despite missing earnings estimates by 75%, the company's revenue performance indicates strong demand for its digital data and analytics services2. The company also reported a 21% increase in its customer base, now totalling over 5,300 annual customers. Fundamentals and Growth Prospects Similarweb's fundamentals are robust. It has had positive free cash flow for the fourth consecutive quarter and a dollar-based net retention rate (NRR) of 111% for customers with an ARR of $100,000 or more. The company's disciplined
Overall Market Overview The US stock markets saw modest gains on November 13, 2024, with the Dow Jones Industrial Average $DJIA(.DJI)$ rising by 47.21 points to close at 43,958.19, and the S&P 500 $S&P 500(.SPX)$ adding 1.39 points, ending at 5,985.38. The Nasdaq Composite $NASDAQ(.IXIC)$ , however, slipped by 0.2%. These gains came after consumer price data for October showed inflation rising in line with expectations, reinforcing hopes of a Federal Reserve rate cut in December. US Market Segment: Steady Gains on Inflation Data US markets inche
$Home Depot(HD)$ delivered a solid 6.6% year-over-year increase in total sales for Q3 2024, though comparable sales saw a modest decline. Operating income was stable, albeit with a slight reduction in operating margin. Net income and EPS declined compared to Q3 2023, reflecting some headwinds. Despite these challenges, the company outperformed in areas of seasonal demand and hurricane-related sales, contributing to a stronger-than-anticipated quarter. Earning Overview Operating Income: Operating income for Q3 2024 remained steady at $5.4 billion with an operating margin of 13.5%, compared to $5.4 billion and a 14.3% margin in Q3 2023. On an adjusted basis, operating income was $5.6 billion with a margin of 13.8%, slightly down from $5.5 billion and
$SPX - Retest of the 5DMA + Bearish Cross in Stochastic
$.SPX(.SPX)$ - Retest of the 5DMA + Bearish Cross in Stochastic: At this point the indecisive candle precedes a fall, which it is the most likely scenario for tomorrow.There is a contrarian indicator though, the Put/Call Ratio is too bearish. For that reason a wait and see approach is valid. $5957 is the key level that must be defended by bulls tomorrow. $SPDR S&P 500 ETF Trust(SPY)$$Invesco QQQ(QQQ)$ ImageSo the note about Put/Call ratio refers to the fact that the indicator is quite low, and it is usually a contrarian indicator.
Rivian's Surge: How to Invest and Benefit from the News
Market Overview The broader markets have experienced some volatility, but the spotlight today shines on the surge of Rivian Automotive $Rivian Automotive, Inc.(RIVN)$ , which is driving positive sentiment within the electric vehicle (EV) sector. Rivian's recent gains, catalyzed by Volkswagen's increased investment, underscore the growing interest in the EV industry, which remains a key driver of future market growth. Rivian’s Positive Movement: A Boost for EV Stocks Rivian’s shares surged 13% after news that Volkswagen would be investing significantly into the company. This comes on the heels of a partnership between the two companies, which will see Rivian receive up to $5 billion in capital over the coming ye
$Frasers Property(TQ5.SI)$ Frasers Property - FY results is out!Net profit is up 19.2% at S$206.3 millions Declaring Final dividend of 4.5 cents , Awesome! Total Revenue for H2 FY2024 stood at S$2.7 billion, up 33.2 per cent from S$2 billion last year. 2nd Half Net profit of 148.9m is great to be back in the Black reversing from last having a Net loss of 52m. I think overall results is not bad! XD 23rd Jan 25. Paydate 14th February. Pls dyodd. https://sporeshare.blogspot.com/2024/11/frasers-property-fy-results-is-outnet.html
How to make $133 from selling put options weekly for pltr
Alright, friends, let’s dive into how I’m making some extra cash with cash-secured puts! Curren$Palantir Technologies Inc.(PLTR)$ PLTR Put Contract (Expires 15/11) Here’s what I did last week: I sold a cash-secured put on Palantir (PLTR) with a $57 strike price. Right now, PLTR is trading at $61, which is way above my strike price. So, unless PLTR suddenly drops below $57 by the 15th, this put option is likely to expire worthless. And that’s good news for me, because I get to keep the full premium I earned, which is $133 Max Profit for My Current Contract: • Total Premium Earned: $133.24 • As long as PLTR stays above $57 by expiration, I’ll keep the entire premium, giving me a profit of $133.24. Sweet, right?
Hello everyone! Today I want to share some macro analysis with you!1.After the release of today's CPI data, gold rose in the short term, but it still could not break through the key resistance of 2620! XAUUSD sell orders continue to make profits! Gold will continue to fall in the short term! Waiting for the arrival of 2547! Have you entered the sell market? $XAU/USD(XAUUSD.FOREX)$$Gold - main 2412(GCmain)$ 2.XAUUSD continues its strong downtrend as sell orders continue to take significant profits! Bears are coming! Sell orders continue to be traded today! If 2547 breaks down along the way, gold will reach the next support near 2525-20!Follow me to learn more about analysis!!
Can RKLB Stay in the Moon or fall hard to the Earth?
$Rocket Lab USA, Inc.(RKLB)$ Rocket Lab USA, Inc. (RKLB) is an American aerospace company specializing in the development of launch services and space systems. $Rocket Lab USA, Inc.(RKLB)$ does share some characteristics of a meme stock—such as high retail interest, speculative appeal, and occasionally volatile price action—it remains distinct in that it’s fundamentally grounded in a real and growing space services business. Meme Stock Rocket Lab (RKLB) Rocket Lab has shown some characteristics that attract retail investor interest, making it occasionally discussed within the meme stock community. Retail investors are often drawn to the space industry, which is viewed as an exciting, futuristic sector. Ro
The recent dip in Bitcoin and Coinbase is likely just a short-term pullback, setting the stage for the next surge. Bitcoin’s rise to $89,000 is healthy, with retracements being common after rapid gains. The expectation that Bitcoin could hit $100,000 by year-end is supported by growing institutional interest, increasing adoption, and favorable macroeconomic conditions. As for Coinbase, it’s closely tied to Bitcoin’s price movements. As Bitcoin rises, Coinbase benefits from increased trading volume and higher fees, meaning its stock will likely follow suit. The current dip in Coinbase is probably just a temporary reaction, and as Bitcoin targets new highs, Coinbase is well-positioned to see significant gains. In short, I think the recent dip is a brief consolidation before both Bitcoin and
$NVIDIA Corp(NVDA)$ 📈🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈 🎢💼📈 The Great Market Balancing Act – Will NVDA Tip the Scales? 📈💼🎢 Tēnā koe i tēnei ahiahi everyone! Barcode’s Broader Market Update for the 14th of November New Zealand 🇳🇿 time. 📊 Market Overview: Today’s markets were on a roller-coaster ride! The S&P 500 (SPY) played peek-a-boo, bouncing high and pulling back like it’s trying to stay on an invisible tightrope 🎢. SPY currently floats just above a crucial support zone, hinting at either a steeper drop or a rebound rally. The Dow and NASDAQ joined the dance with modest gains, seemingly holding their breath ahead of NVIDIA’s earnings next week. 📈 Broader Market Indices: • S&P 500 (SPY): 📊 $597.19 (+0.50%) – holding its breath up high; any slip could mea
Market Overview: Bullish Inflows Signal Renewed Investor Confidence in Crypto ETFs The crypto market experienced a notable boost on November 13, as substantial net inflows were recorded across both Bitcoin and Ethereum spot ETFs. Monitoring data from Farside Investors indicates that Bitcoin ETFs saw inflows of $510.1 million, with prominent names like iShares and Fidelity leading the charge. Similarly, Ethereum ETFs gained $146.9 million in inflows, highlighting investor interest in diversified crypto exposure. This surge suggests a growing bullish sentiment toward digital assets in traditional markets, as institutional investors ramp up their stakes through established ETFs. Bitcoin ETF Inflows: Leading the Charge Bitcoin spot ETFs attracted the lion's share of inflows, led by: iShares Bi