Levi's dad, husband, son.
Computer programmer/consultant
Aerospace engineer in previous life
***stock commentary should not be considered investment advice***
I recently cataloged all my finance books that I have in physical format. I have not read all of them but I often reference parts. this link opens a pdf of my list. Enjoy.
@SJosephBurns
@markminervini
@Dr_A_Elder
@Mr_Derivatives
$spy includes dividends as an etf. $spx is the cash value of the 500 stocks at given moment in time. So for historical charts, use the $spx. For short time periods, they are basically same.
Big thank you to all my new Julia-inspired followers. Hope my tweets can help in your quest to make profits ! I am mostly a swing trader using long calls and puts. Often use puts to hedge longs and calls to hedge puts at times when too bearish.
@CordovaTrades
@markminervini
Sam Walton drove an old pickup truck as a billionaire and I don't believe Warren Buffet has a Rolls Royce either. I love you Mark but this tweet makes no sense.
@MJVentrice
i still don't believe this image is real and its circulating all over. Coming from one person on one airplane.
if it were this obvious, we would see it everywhere. There would be photos for every passenger. There would be satellite images, even ISS space station would see it.
I don't recall who recommended this book, but it's a real gem. Written 80 yrs ago in the midst of the Depression. Superb. 💚
Technical Analysis and Stock Market Profits by Richard Schabacker
@SJosephBurns
@monsterstocks1
@BlogJulianKomar
$spy in the stan weinstein view (using only 10 wk and 30 wk EMAs) clearly shows the start of end of this bull run from 2020
Also only 7 positive weeks out of the first 26.
@sentimentrader
oh and the mocking of nay-sayers during bubbles is not new either. happens every time. But you will see that FOMO can turn to terror very fast.
@AJamesMcCarthy
I like the ISS Detector app. Very accurate. Saw the ISS this Wednesday. Glorious and bright. The app tells how bright it will be.
It was -4.7 on Wed. Brightest I've ever seen it.
@sentimentrader
live through a market of 2008-2009 where you weren't sure the financial system itself would survive. I'm old enough to have lived through both 2000 and 2008 bears. It is not fun at all. Better know how to defend yourself when those kind of bears mkts come again.
another green day. +3% thanks in most part to the yellow and silver metals! and a bunch of $hogs 💚💚
Tomorrow is my 50th birthday and my trading acct hitting all time highs. Now that's a fine birthday present.🚀🚀🚀
@TeaPainUSA
He will say iran and china interfered in election for Biden to deflect all the stories about Russia again. Needs an new enemy to scare voters just like caravans of immigrants.
@TheBubbleBubble
NYC mayor says nothing until at least end of May. Two more months and probably more. People going to go ballistic especially as weather gets nicer and they cant go out
@NBCNews
Stopping this $600 is political suicide 3 months before election. Are they really that dumb or just mean???
@AlanHunterMTV
but sending $$ Billions to companies that don't need it is fine.
@axios
there it is...
"if you give people money and you make it less painful to be in a recession," governors "will not have an incentive" to reopen the economy."
BUT the Fed giving "free" money to corporations to help them during recessions is fine with them. GRR!
@ChrisBloomstran
Christopher, if they manage to open mkts higher on Monday, i think the rug pull comes within minutes. $Tsla could be down 100 pts easy taking its new s&p friends with it.
Great thread 👏 👌
Hi fintwit, after a long battle with prostate cancer, my dad passed away today at 86 yrs. 😢
If you feel inclined, please donate to this excellent prostate cancer research foundation.
@PCFnews
What Robinhood did today reminded of a Warren Buffett quote:
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.”
@murphycharts
More traders need to pay more attention at weekly MAs. In volatile mkts, they catch support at 20, 50 or 200 wk MAs. And reverse is true when they break them, they becomes resistance. Spx in 2008 bear was a good example. Rejected at 20 wk on bounces, green line.
some up stocks on very red day $GE, $IBM, $KO, $T, $XOM..see a pattern, the old guard of the Dow30? rotations don't happen in a day but over months/years. I'm long all of these. Like the tide turning in the ocean..hard to see at first...but eventually it does.
Otherwise not many good charts. Keep those hedges on. Rallies will be sold in tech and small caps.
So many 9/20 bear crosses today. This is a dangerous mkt. Careful everyone. ⚠️⚠️
21 yrs to the day, Mar 24, 2000 nasdaq finally gave it up with one last try for an all time high. And the bear took over. Not surprisingly, the 2nd failure of 9/20 cross marked the end. After the initial drop, it tried to get back to 50 day MA on Apr 10. Last chance to get out.
Before I forgot, just want to say thank you to all my followers and any recent followers since the new year. 🙏 hope you find my feed interesting, profitable and fun.
Wanted to point out a pattern I often see, its called the "Rising Three Methods, but i often see it with two instead of three candles. Big up candle, 2 or 3 inside candles taking it back to near bottom of 1st candle, then big green candle and away it goes
@RedDogT3
Scott, i love moving average systems because of their objectivity. Everyone says "follow price" and that is exactly what MAs do! No subjectivity. Just price. If something is bullish, it should be above the key MAs. Period. If not, consider it just a speculation trade.
i thought $tsla should have bounced at $150 after a straight down decline from $200. now at $110, it's bounce (yes its coming) will bring it back to $165 (200 wk MA) before the next selling wave brings to $75.. rinse, repeat...
Not complaining... but dad died on Mon then Tues my cars electrical system failed after the funeral, major after warranty repairs. $$$
And today, driving home with rental car, a large metal chunk just missed us from the road above.
I could use some white light🌞. What a week!
Look what held up today. The old names, $ge, $ibm, $gt, $aa, $ba, $jpm, $khc, $ko, $mmm, $t. All names I've been playing and recommending for months. Rotation in full swing out of large tech. Larry said it today. Takes time for large funds to accumulate / distribute.
@LMT978
@Cambro320
@SuzeQKnits
the pandemic exposed our broken healthcare system..hope major change will come from it..there will be more pandemics to deal with. We were just lucky until now that recent ones didn't explode like this one did.