Lance

30 | Christian | Husband | Father | Speculator and Technician | Influenced by Jesse Livermore, Stan Weinstein, William O’Neal, and Nicolas Darvas | Risk First

[Lance @LanceDavid123]

Don’t fight the FED.

[Lance @LanceDavid123]

@Average_Sam_101 It was the RS that stood out to me and yes I used ONeils criteria to find it while I was screening at the time.

[Lance @LanceDavid123]

The semi trade has been one of the best I’ve personally experienced. I am booking small 217% profits in $MRVL this morning and small 96% in $ARM. Semis have been on an incredible run as my portfolio was nearly 100% semis during the last 2 month period. I remain heavy but have since taken some off of this trade to ring the register. I remain long ARM MRVL AMD and recently bought FSLR as I think solar could be the play going forward.

[Lance @LanceDavid123]

I believe semiconductors will lead going forward. I remain heavy and overweight following my buys in MRVL 4/1 and 4/8 AMD on 4/29.

I took a starter in ARM and am looking at going long MXL.

[Lance @LanceDavid123]

@duckman1717 I’m thinking the selling continues into next week, but I could be wrong. Violent action to the downside in leaders.

[Lance @LanceDavid123]

Breakouts often signal strength, not danger—fortune favors those who embrace the trend, not those who fear it.

[Lance @LanceDavid123]

@Dorman06 BOOM 💥

[Venu @Venu_7_]

$FSLR isn't just a solar company anymore.

It's one of the largest beneficiaries of America's push for energy independence and AI-driven power demand. ⚡️

[Lance @LanceDavid123]

A new leader has emerged in $FSLR.

[Lance @LanceDavid123]

In a healthy bull market, rotation is essential.

Money flowing from one group into others prevents overextension and keeps the rally broad-based. When new leaders emerge and capital rotates, it’s a sign of strength—not weakness.

This is how sustainable uptrends are built.

[Lance @LanceDavid123]

“Look at the volume. Volume on down days in your names versus the volume on the up days in your names. If the volume’s not raging, it’s time to chill.”

@Upticken

[Lance @LanceDavid123]

Markets aren’t topping on bearish sentiment — they’re powering higher because of it.

AI breakthroughs, companies crushing earnings, and peak pessimism are the fuel.

[Lance @LanceDavid123]

Having cushion in positions is probably the most underrated variable in the game. It allows you to have a clear mind and helps avoid being on edge.

[Lance @LanceDavid123]

If I had to rank the most important characteristics of a stock from most to least important, here’s my list:

1. Price & Price Action

2. Liquidity

3. Sector & Industry

4. Fundamentals

5. Institutional Ownership

6. Volatility

[Za @ZaStocks]

The more buttons you insist on clicking, the less money you’re likely to make.

More trades doesn’t = more money.

I’d argue the opposite is true.

Get into a leader and sit. Don’t be a micromanager.

[Lance @LanceDavid123]

The most important things to you will always be the things that you make time for. Anything else in your life that is not important and you don’t spend time on, will inevitably go away.

So my point is, if you make time for your kids, they will understand that your presence is essential to their life. If you make time for working out and running, you will get healthier and your body will effortlessly get stronger. If you make time for reading, you will get smarter with interpretation. If you make time for trading, you will naturally become a better trader with repetition and study.

Your essential strengths and priorities are all about what you make time for.

[Lance @LanceDavid123]

“The robots are coming.”

[Za @ZaStocks]

Jensen made one thing very clear on the $NVDA earnings call.

The robots are coming.

[Lance @LanceDavid123]

My CANSLIM philosophy and system doesn’t play for 3-5% returns. I rarely ever will take small profits. Thats small ball.

I have never been good at short term trading. Jumping in and out of leading stocks is pointless to me if you own a stock that is superior in the market.

A 99 comp name is not meant to be actively managed. They are meant to be held and added to if they are in a top industry group. The only time you should sell a stock is if it falls under your sell rules, stop loss, or has bizarre abrupt weekly price action.

[Lance @LanceDavid123]

I believe semiconductors will lead going forward. I remain heavy and overweight following my buys in MRVL 4/1 and 4/8 AMD on 4/29.

I took a starter in ARM and am looking at going long MXL.

[Lance @LanceDavid123]

@Venu_7_ Right, it’s important to focus on the bigger picture.

[Lance @LanceDavid123]

$ARM is really one of the more intriguing weekly charts in the entire market in my opinion. Massive weekly breakout into new high territory last month with really tight weekly action following the breakout. I am an observer of this name until I can find a tight entry on the daily.