Mantis_Capital

Using 3rd-grade math to build wealth. Clues on markets and stocks. Not trading advice.

[Mantis_Capital @CapitalMantis]

It's amazing that you can make millions in the stock market only using third-grade math. See one example in $TSLA. No stress. No day trading. Just math 👇

https://t.co/S9AYOMePSW

[Mantis_Capital @CapitalMantis]

At a macro level, $SPY $QQQ look bullish with the latter looking stronger short-term. Earnings will either confirm or negate the optimism. Our take is that markets are higher by the end of this year.

[Mantis_Capital @CapitalMantis]

Good Saturday! Keep a close eye on $WDC. This is a pretender. For whatever reason, it's under distribution by the big boys. Takes out this weekly low on more than 53M shares, and this will target sub-200s.

[Mantis_Capital @CapitalMantis]

$SOXL puts sold automatically for more than a 50% gain today. Sell puts on deep red days in a bull market like this one.

[Mantis_Capital @CapitalMantis]

$NVDA looking close to a breakout, but we'll lack the weekly volume this week for the confirmation we'd like to see, but you can watch for daily (more short-term) confirmation. Taking out 236.55 on volume targets a 290 price target.

[Mantis_Capital @CapitalMantis]

$SPY $QQQ rejected lower prices today on lighter volume. We just don't have enough sellers to take it lower and keep it lower. Opened red. Looking to close green. Volume is the tell! 👇 $Marketclues

[Mantis_Capital @CapitalMantis]

@PizzaLuv Depends on your time horizon. Long-term retirement...sure. Trading , no. Wait for a break of the highs on strong volume or a rejection of the lows on lighter volume. Why? Because we've been stuck in sideways chop since July.

[Mantis_Capital @CapitalMantis]

$QQQ coming off on volume today. Likely wants to retest the 731 area. Still macro bullish despite short-term weakness.

[Mantis_Capital @CapitalMantis]

$GS is close enough to our 877 projected price move to the downside. If you shorted it, take the money here!

[Mantis_Capital @CapitalMantis]

Reiterate our sell on $GS. Broke the swing point on volume. Has a date with the 877 level.

[Mantis_Capital @CapitalMantis]

$SPY came down on greater volume today, which is worth monitoring. Nothing meaningful yet, but watch volume carefully for clues. We'll see how markets react to $MU tomorrow.

WATCH VOLUME for clues to where we go next. 👇

Markets fluctuate from day-to-day, but bigger picture, $SPY $QQQ still consolidating for higher prices.

[Mantis_Capital @CapitalMantis]

@PizzaLuv Yes, we love setups down, but this is still a bull market so they are hard to find. We did point out $GS when it broke the 977 area with an 877 price target. Now 900, you wouldn't take it now. All the banks look weak.

[Mantis_Capital @CapitalMantis]

$SPY $QQQ still strong bullish consolidation price action. Market is resilient in the face of rates, yields, geopolitical uncertainty - a sign of strength. See our short take.👇

Leaders like $NVDA $CRWD $AMD $PANW $META among those leading the charge. No need to rush in. One can wait for the breakout, expected over the next several months most likely. Ignore the noise. Focus on price action. #Marketclues

[Mantis_Capital @CapitalMantis]

Market wants higher prices. $NVDA $AMD $MU $META are the market leaders supporting the strength. If/when they break out, so will markets.

[Mantis_Capital @CapitalMantis]

I could help you guys. You don't have to choose. Book coming out in a month. You can save for retirement tax-free through life insurance. It changed our lives. You should take a look at it. You can easily have a lot more for retirement by the time you're there. I'm 51 and my wife is 50. It's an insane mechanism that more people should know about. Hence, the coming book.

[Mantis_Capital @CapitalMantis]

Who knows what markets do tomorrow, but it’s amazing how resilient $SPY $QQQ are in the face of all the adversity thrown at it.

Market leaders like $AAPL $CRWD $PANW $NVDA hanging out at the highs. Bullish.

[Mantis_Capital @CapitalMantis]

So far, $SPY $QQQ have rejected lower prices as expected. Bullish.

[Mantis_Capital @CapitalMantis]

This type of volatility is normal when $SPY $QQQ is trading sideways, which is what's been happening since June. Wait for the right set-ups. No reason to trade every day.

It only takes one trade, one stock, to make your day, week, month or year. Be patient and wait for it.

[Mantis_Capital @CapitalMantis]

Red day but there's still no conviction to the downside. This remains bullish consolidation in $SPY $QQQ as long as the pullback remains on lighter volume. Market leaders still hanging out at the highs. Best to sit in cash if you're short-term.

[Mantis_Capital @CapitalMantis]

@saylor Used car salesman at it again 😂

[Mantis_Capital @CapitalMantis]

If you’re not where you want to be yet, keep going. Reimagine what’s possible.

A lot of people will wake up early Monday to go to a job they hate. Yet there has never been a better time in history to be your own boss.