You don't need 2 hours of scanning every morning to find the best opportunities.
Give me 20 minutes, and here's where I'd start...
1) Market check:
Look at $SPY, $QQQ, $IWM, and $VIX.
...is the market in an uptrend (higher highs/higher lows, above rising moving averages)?
...os $QQQ leading $SPY (growth risk on) or lagging?
...is $IWM participating or lagging (broad participation vs mega cap only)?
... $VIX elevated and rising (caution) or subdued?
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2) Sector ranking:
Rank the 11 Select Sector SPDRs ($XLK, $XLV, $XLF, $XLY, $XLC, $XLI, $XLP, $XLE, $XLU, $XLRE, $XLB) by relative strength versus $SPY.
Focus on the top 3-4 and bottom 2-3. Note any sudden changes in ranking... these often signal rotation.
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3) Theme scan:
Within the leading sectors, check the relevant themes.
this is just for an example, but...
Technology leading... look at $SMH, $SOXX, $AIQ & $BAI, $CIBR, $DRAM, $IGV, $BOTZ.
Industrials leading... check $ITA & $SHLD, $PAVE, $GRID.
Energy or Utilities leading → check $NLR + $URA and related power/infrastructure names.
Only then look for individual setups inside the strongest themes, and if the market or sector is weak, reduce size or stay in cash.
Simple & repeatable.
Dream big, because what you think is a big dream today, may turn out to be small in hindsight once you achieve it. If that weren't the case, we would still be in the stone age. Having an unrealistic imagination is the starting point for greatness.
Leaders after nine months in the stock division. This year has been extremely difficult. Standings will also appear on our new USIC Facebook page and on LinkedIn. Entries for the 2027 competition are now being accepted at https://t.co/gGQryouint.
How my family reacted to my trading profits:
$100 "you need a job"
$1000: "you need a job"
$10,000: "nice, but you still need a job"
$100k: "nice, but a job earns more"
$200k: "are you sure this is stable?"
$1m: "what exactly do you do?"
$2m: "teach us how"
They will call you delusional until it works.
@HolySmokas@HolySmokas I think you need to get back into TESLA or SPCX before they merge, I love everything you do but I think you’re having flash backs of the TESLA position you once held.