Gaming is a big market. It’s not easy to create a successful game. Also exciting to know the gaming community is receptive if such a classic story. Kudos to $TENCENT(00700)$
As the saying goes, an $Apple(AAPL)$ a day, keeps the doctor away. Well, let’s hope this healthy apple is resilient and continue to enrich my portfolio
@TigerEvents:[Rewards] Describe your portfolios with dishes
@WYCKOFFPRO:When S&P 500 completes this bullish price volume pattern, it is expected to test higher price targets and attract traders and investors who are on the sidelines. Price targets based on the Point and Figure chart are covered in the video.Click and watch the video below on YouTube (Pro Tip: adjust the speed to 1.5–2X). Pay attention to the key levels and the price and volume characteristics for bull and bear case as shown in the video.The bullish setup vs. bearish setup is 355 vs 246 from the screenshot of my stock screener below. Bearish trade setup has increased from last week yet there are many high quality bullish setup while the market is consolidating.Short-term uptrend is still intact until proven otherwise by a meaning reversal commits below the key level as mentioned in the vide
Painful waiting market to decide a direction [Facepalm]
@WYCKOFFPRO:An oversold rebound in S&P 500 $S&P 500(.SPX)$ is unfolding on last Friday 13 May 2022 as signaled by the market breadth. Find out how to use Wyckoff trading method to determine if this is a stock market bottom or a bull trap by focusing on the characteristics of the price action and the volume.Click and watch the video below on YouTube (Pro Tip: adjust the speed to 1.5–2X):The bullish setup vs. bearish setup is 133 vs 190 from the screenshot of my stock screener below. This is a sharp reversal from last week (72 vs 923). The screener also reflects the sharp turning of the market breadth, which is constructive for the bulls.Do watch till the end of the video to find out the thought process and key levels that will
It’s rather sad for $Twitter(TWTR)$ being privatised in such manner. Elon is just looking for more control over the platform, doubt he’s serious making Twitter great again
$Archer-Daniels Midland(ADM)$ and $Bunge(BG)$ are two other agri related stocks to consider//@WYCKOFFPRO:Gold, crude oil, uranium, copper, aluminium, and soft commodity stocks like$Sprouts Farmers(SFM)$are showing strength. Low risk entry in many of them compared to deeply oversold growth stocks.
@WYCKOFFPRO:Find out the 3 bullish reversal patterns that provide early warning before the short covering rally in S&P 500 $S&P 500(.SPX)$ .Click and watch the video below on YouTube (Pro Tip: adjust the speed to 1.5–2X):The bullish market sentiment is also reflected in my stock screener where the bullish setup outnumbers the bearish setup (274 vs 14). Refer to the screenshot below:The focus of the stock selection is still on those outperforming stocks instead of the oversold stocks (like a lot of the technology / growth stocks).If you are day trading the US futures or swing trading for Malaysia and US stocks, do check out my YouTube Channel: Ming Jong Tey for additional videos and resources.
It’s looking a lot more bullish this week despite the turmoil. Just wonder if the quantitative tightening could impact liquidity in the market, more flock to value stocks$Berkshire Hathaway(BRK.A)$//@WYCKOFFPRO:$S&P 500(.SPX)$had a trend day without much supply on Friday. Likely to test 4500-4600 next week. This is a change of character developing, which is a bullish sign. Watch out for bottoming in stocks
@WYCKOFFPRO:A Wyckoff change of character showed up on 9 March 2022 in both gold $Gold - main 2204(GCmain)$ and crude oil $Light Crude Oil - main 2204(CLmain)$ , what does it mean for them in the short term and long term.Click and watch the video below on YouTube (Pro Tip: adjust the speed to 1.5–2X):Despite the bearish market sentiment, there are still plenty of outperforming stocks as shown up in the screenshot from the stock screener below:Commodities and marine shipping outperform the market. When the tide turns, these will be the first group to show strength and produce impressive return.If you are day trading the US futures or swing trading for Malaysia and