QQQ Gaps Above 50‑Day MA, Watch Wednesday Hold
$QQQ gapping above its 50-day after hours. Let's see if it holds tomorrow and does so on strong volume. Definitely something I'll be watching for on Wednesday.
Chasing Returns Leads Most Investors to Lose Money
Even with such remarkable performance, the majority of Magellan Fund investors lost money during Lynch's time at the helm. They chased performance, piling into the fund after strong years, only to sell out during market downturns. This is a tale as...
Think Independently, Avoid Small Minds, and Embrace Risk
A few things I'm constantly reminded of: - Don't share big ideas with small minded people. They just won't get it. - Learn to think on your own, or else others will do the thinking for you. - Take risks once in a...
Consistent Gratitude Shifts Complaints Into Life‑changing Joy
Less complaints, more gratitude. Your life changes in ways you can't believe when you practice this on a consistent basis.
NET Holds Above New Base, Shows Relative Strength
$NET working on the right side of its new base and showing decent relative strength lately. Chart courtesy of @marketsurge @IBDinvestors #IBDPartner https://t.co/xkioAgDMWQ
Choosing Peace: Ignoring Online Disagreements Boosts Serenity
An amazing thing happened to me today. I saw something I disagreed with online and I moved on with my life without commenting. Amazing, huh? I didn't let something totally meaningless bother me. Just wanted to share. #blesssed 🙏
Nasdaq Accumulation Signals Growth Stocks Resilience Ahead
Nice to see an accumulation day for the Nasdaq Composite. I define it as an up day on higher volume than the previous day. In addition, there's VERY strong price action in many growth stocks beneath the surface. ARKK (a...
VSAT Poised to Break Out of Recent Range
$VSAT on watch to move out of its recent range. Chart courtesy of @marketsurge @IBDinvestors #IBDPartner https://t.co/pq7iWhDviS
KRMN Poised for Breakout Beyond Recent Trading Range
$KRMN on watch to move out of its recent range. Chart courtesy of @marketsurge @IBDinvestors #IBDPartner https://t.co/23Hg3n3SCS
AAOI Reclaims 21‑Day EMA After Strong Earnings
$AAOI First visit to its 21-day EMA (green line on chart) since its strong earnings report. Chart courtesy of @marketsurge @IBDinvestors #IBDPartner https://t.co/QYZzLHNMoe
SATS Attempts Breakout Above 50-Day Moving Average
$SATS working on the right side of its new base and trying to get back above its 50-day moving average. Chart courtesy of @marketsurge @IBDinvestors #IBDPartner https://t.co/91XEuEGmgG
Strong Entry, Patience Needed Amid Volatile Early Trading
I'm liking the price action so far in the first hour of trading. There's definitely some subtle improvements beneath the surface in recent days. It's still going to be volatile over the near-term, but having a strong entry point, a...
Nasdaq Bounces, Rally Begins—Patience Needed for Growth
The Nasdaq Composite bounced off its 200-day moving average and today is Day 1 of a rally attempt. From here, I would like to see minimal to no distribution over the next few days and a follow through day later...
VRT Joins S&P 500 After Friday Close
$VRT was added to the S&P 500 after the close last Friday. Chart courtesy of @marketsurge @IBDinvestors #IBDPartner https://t.co/nBBYFdAKO8
Growth Stocks Thrive Outside Mag 7, Defying Bearish Outlook
There's nothing wrong with being defensive until we see better accumulation in the Nasdaq, but I'm not getting bearish because there are so many growth stocks (outside of the Mag 7) that are in strong uptrends. More here in this...
Options Positioning Can Mute or Delay Earnings Moves
Sometimes, earnings moves are muted or delayed due to positioning in the options market. I don't know why more people don't talk about this?
Growth Stocks Show Early Signs of Resurgence
Since the beginning of the year, value-related stocks and the broader market (as seen by the Dow Jones Industrial Average, the NYSE Composite, the equal-weight S&P 500 ETF (RSP), Energy (XLE), and other defensive sectors) have performed better than growth...