Private Twitter Feed Examples

Below are a few randomly selected excerpts from the private twitter feed. This is a forum for Q&A, real-time trade posts (winners and losers), and overall market analysis and observation.

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Weekly Review - Trading week of 12/7/20

weekly review example Jan 14, 2021

Not long ago fin-twit was bemoaning the 'narrow leadership' driving markets inexorably higher. The general warning issued was that FAANG and "covid" stocks were the only names carrying the market as an alarming lack of participation came from small caps, energy, and financials. Now we have IWM, energy, and financials helping drive the indices to fresh all-time-highs as FAANG lies mainly dormant in deep consolidation patterns. 

The current warning sign is that bullish sentiment is overheated, and there is no denying that fact.  CNN's popular "Fear & Greed Index" is reading 89: Extreme Greed. If you are unfamiliar with this admittedly commercialized index it is based on very sound market measurements of breadth, volatility, demand, and momentum. Read more here.

I follow price-action, which is certainly bullish. My way of acknowledging the overheated sentiment is to cap my total open risk. Usually I have a maximum of 600 bps risk at any given time; more often that...

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Trade Ideas for 12/14/20

Quick guidelines for daily trade ideas:

  • Do not chase on gaps-up.  
  • Do not follow blindly.  Make every trade your own.  
  • Dashed blue line = suggested trigger
  • Dashed red line = suggested stop 
  • Always use limit orders on option trades. I suggest using $0 as your stop (100% of the premium) and sizing accordingly. If you are not experienced trading options I recommend paper trading for at least a few weeks to get a feel for price movement.

As mentioned in the Weekly Review, we are experiencing an orderly market-wide pullback to this point. Should key levels be broken on further downside we will become even more focused on capital preservation. Currently my main concern is chop, thus I've only put on a few trades during the pullback. As always, meticulous risk management is the priority and raising stops as price moves in our favor is a key tactic.

Unless Monday gives us an obvious market move at the open (in either direction), I will likely be watching in...

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