David Starr

Trade stuff. Invent stuff. Learn and teach. Spout off about a few things I know and a lot of things I don't.

[David Starr @FWTrader]

Another reason to be worried is that all-time highs earlier this week came with significant cumulative breadth divergences. Once again, this is not a signal in itself, but lasting highs without such a divergence are rare. These are all things typically seen late cycle.

[David Starr @FWTrader]

Today generated a Hindenburg Omen observation for the first time since March. This is not a timing signal for any selloff and, the odds of a selloff, while elevated, are far from a sure thing. However, it's a call to watch for other signs that a top might be forming.

[David Starr @FWTrader]

@BullandBaird

[David Starr @FWTrader]

@grok why do you bait and switch?

[David Starr @FWTrader]

This chart is currently giving the clearest view of the market...

[David Starr @FWTrader]

It's possible to lose more than max loss in an options trade. I explain how it's possible and how to avoid it in this video.

https://t.co/sD2bwTgu4t

[David Starr @FWTrader]

@SquawkCNBC Perhaps a more thematic musical trivia question for this morning would be which band put produced the 1982 classic Industrial Disease. https://t.co/UaKTrDapjq

[David Starr @FWTrader]

Earlier this week, we bought LLY just above its fireline level and it's already up over 10%. Just one of the reasons why I rely on the Voodoo Lines.

[David Starr @FWTrader]

The market is trying to erase cumulative breadth divergences which appeared at the last several all-time highs. Let's keep an eye on NYSE breadth through the end of the day. Even if they can erase divergences, +800 or so on breadth isn't a great way to make a new high.

[David Starr @FWTrader]

@TradingBruce @TraderTammy1 @simplertrading @JimHarris873 I own $CALM and $GEV. Today is a good day.

[David Starr @FWTrader]

Today's S&P 500 new all time highs came with some warnings signs. I talk through them in this video https://t.co/UqAWdeBUQS

[David Starr @FWTrader]

I’m sure there’s a life lesson and maybe a trading lesson to be learned from this ponderosa pine

[David Starr @FWTrader]

Taking a break from markets this week. Taking a break from my break to let you know Voodoo Lines is part of the July 4th sale at ⁦@simplertrading⁩ - if you’ve been wanting to add this tool to your charts you can do it at a discount with code JULY25 https://t.co/2SSe9Yu0y3

[David Starr @FWTrader]

Carney Always Capitulates Afterward CACA. Do we have a CACA trade?

[David Starr @FWTrader]

Is the bigger battle brewing between Washington and Tehran who can come up with better code name for operations?

[LiveSquawk @LiveSquawk]

Iran's Tasnim Says Missile Operation Called 'Annunciation Of Victory' Launched Against US Bases In Iraq And Qatar

[David Starr @FWTrader]

Airstrikes on Iran: Will Markets CRASH or SOAR? https://t.co/wu8KOTJouP via @YouTube

[David Starr @FWTrader]

For longer-term positions I'll wait to see if a move down begins to show the patterns associated with a trend move. So long as it doesn't I'll stay long. I have no idea what will happen -- I just have a plan. We'll be trading it live Monday in the Voodoo Mastery room.

[David Starr @FWTrader]

Our trading agenda for Monday is now clarifying with a U.S. air strike on Iranian nuclear facilities. From the perspective of markets, it doesn't matter whether a situation traders were worried about happens. The only thing which matters is how the market reacts after.

[David Starr @FWTrader]

We'll some reaction in futures Sunday night, but I care most about price action during Monday's New York session. Traders, like politicians, need their red lines. Mine is the SPX 5925 Voodoo fireline -- literally a red line. Below that level and I'll exit short-term positions.