I start my daily screening with this core screener, which is the source of most ideas shared with my subscribers. It’s built on both technical and fundamental growth filters with net positive institutional buying based on ownership changes over the past three months. This is a highly selective and strict screener designed to identify the best names first, before gradually expanding and loosening your filters to cast a wider net in the broader market, a process I highly recommend. No fluff, no emotion, ignoring the market’s fear of a breakdown continuation earlier this week. $International Paper(IP)$$Nextpower(NXT)$$SUPER MICRO COMPUTER INC(SMCI)$
BTCUSD - Monthly Logarithmic Chart This primary trendline has served as a definitive floor for every major correction exceeding 50% since 2014. BTC is currently trading 3.9x ATR% below the 50-MA. This extension suggests an asymmetric risk-reward profile favoring the long side, provided you can entry manage a base or intraday entry on LoD off a key technical level, ie. $59,998 low coinciding with round number support $60,000. Further breakdown from current level will mirror November 2018, the last time BTC hit -4x ATR% from the 50-MA. That instance saw a further -42% flush from a bear flag setup before the ultimate bottom was set, leading to a massive 350% 6-month surge. If the current market correction deepens with more pain displayed on media headlines, BTC is shaping up to be a high-conv
RS Endures the Volatility: $GRID, $GUNR, $XOP, $SMH Remain Leaders
Importance of Relative Strength When Building Your Portfolio, RS Leadership Endures Beyond the December, and Yesterday's Shakeout 6 weeks after the short-term market pullback that rebounded on the close of 18th December, the strongest 1-month RS groups remain largely intact from the below quoted post. This is the latest 1-Month RS new high industry group after yesterday's shakeout. Note: Be mindful of the current ATR% extensions from the 50-MA, the level of extension are materially different (for most) from the conditions seen on 17 December. $SPDR S&P Bank ETF(KBE)$ and $SPDR S&P Regional Banking ETF(KRE)$ - $Direxion Daily Regional Banks Bull 3x Shares(DPST)$
OTF Bases as BABA Targets $220 on Bull-Flag Breakout
1. $Blue Owl Technology Finance Corp(OTF)$ - 6-month basing structure with VARS present. Not the cleanest IPO base as $CoreWeave, Inc.(CRWV)$ and $XPeng Inc.(XPEV)$ during their time, but worth to keep in watchlist if it continues to consolidate and tightened its range for a few more weeks/months 2. $Alibaba(BABA)$ (Update) - Another +6% move as the “T-Head chip unit IPO” option resurfaces. If this mirrors the prior two bull-flag breakouts (+$60 each), the measured move projects toward ~$220, assuming the advance starts from the $157–$160 base from 12th January in the quoted post below. For SG users only, Welcome to open