ServiceNow $NOW is one of the stocks pulling software ETF $IGV (see prior tweets) higher this week.
If you pull up the daily & weekly charts, you will see $NOW climbing closer to its ATH. Earnings 🔝 . Strong stock in a strong industry group.
$IGV Software ETF recovering nicely from the March selloff.
Now trading above its 50 and 200 day Moving Averages, $IGV is stepping higher towards its 52-week high - $267.70.
Top holdings include: $CRM $MSFT $ADBE $NOW
Great quote from "Stan The Man" that exemplifies the focus found in great ballplayers and in top traders:
"You wait for a strike, then you knock the shit out of it." - Hall of Famer, Stan Musial.
It appears we have another imposter on twtr (thanks to friends who've pointed them out). Reported them.
If you could take a second to report this fake spam account, I'd appreciate it. 👉🏼 https://t.co/4lidt4EPGv
Tesla shares showing constructive price action over the 50 day MA, nearing $815 and a potential 2-month high. $TSLA
See new chart notes and the move off the March lows.
Jack Dreyfus (Dreyfus & Co.), fund mgr. and chart-based stock trader, in Life magazine, 1966: "He has the eye of an artist and the impulses of a beatnik."
"Your results can truly be staggering when you define and follow a set of rules, allowing big winners to cover your tiny losses." - Dan Zanger
#Trading#Investing#Stocks#Quote
If you trade long enough, you'll eventually experience 10 losing trades in a row.
When risking 1% of account capital per trade, a trader could bounce back and recover, but when risking 5% a losing streak can be devastating.
Some thoughts on #trading and emotions from @Martin_Kronicle's book, The Inner Voice of Trading.
1) "Trading is all emotional. You are in control."
2) "Losses are both emotional and financial..."
3) "Keep your losses small."
"4) You can always get back in [higher]."
Very good interview w/ Jim Roppel @Upticken covering his position trading methods + some survival tips for stock traders / investors.
https://t.co/3KjcVxn5wF
@monsterstocks1@ChartingTrends I like that one too!
https://t.co/psehkTDvsx
Nice selection of books in your feed. Really appreciated the pic of the Wyckoff LP w/ the Chicago (Park Ridge) label.
Currently reading Brad Koteshwar's book, The Perfect Speculator.
Excellent read for traders & stock investors (50% of America).
Hat tip: @Tischendorf
Zoom $ZM reaching a new high after a recent pullback to the 50 day MA. Strong uptrend. Chart update below.
See our prior tweets (Feb-March) on this video conferencing leader.
Major winner in a volatile market. The stock is +156% YTD.