Jacob

“It’s not about how much you make in the market, it’s about how much you keep. Price is truth, no exceptions” - @revereasset

[Jacob @_JacobRaymond]

From “The Complete Turtle Trader” by Michael W. Covel

— chronicling the rise of Richard Dennis, one of the greatest swing traders of all time.

Richard Dennis believed great traders could be taught.

He trained the “Turtle Traders” from scratch — many went on to make millions.

🐢 The takeaway?
Success isn’t about unique ideas. It’s about the discipline to execute them.

[Revere Asset Management @RevereAsset]

📺 New Highs, Healthy Breadth, Low Fear – Why the Uptrend Remains Intact?

Please ❤️like and 🔁share with fellow growth stock investors

In today's market update, @TedHZhang notes that the market continues to climb the wall of worry.

Despite 8 straight-up days and fresh all-time highs in $SPX, $QQQ, Dow $DIA, and equal-weight index $RSP, many of the indicators that typically signal excessive optimism remain surprisingly muted.

Volatility remains low, with the $VIX holding near 16, creating the kind of environment that allows trends to persist and winners to keep working.

Market breadth continues to improve as participation expands beyond a handful of mega-cap names $MAGS.

Even small pullbacks in areas like small caps $IWM have remained orderly, while leaders continue to attract capital.

*

What makes this rally particularly notable is that sentiment is not flashing major warning signs either.

Only about 40-50% of stocks are above their 5-day moving averages, the CNN Fear & Greed Index remains in neutral territory, AAII sentiment is far from euphoric, and RSI readings are not yet overbought.

In other words, the market is making new highs without the kind of extreme greed that often accompanies late-stage advances.

*

That doesn't mean that you should ignore risk management.

Many stocks have become extended after spending more than a month above key moving averages.

As a result, the focus should be shifted toward trimming oversized winners, locking in gains, and rotating into fresher opportunities rather than aggressively chasing momentum.

*

For example, several positions in our portfolios were reduced into strength, including $DDOG, $NBIS, $TWLO, and $ARM, the latter closing out a nearly 200% gain.

At the same time, capital is being redeployed into emerging themes showing improving relative strength, including quantum computing $QBTS, copper $COPX, rare earths $USAR $MP, and select infrastructure-related names $IREN.

These names are attracting attention as potential next-wave leaders, while many traditional AI names continue to consolidate after powerful runs.

*

Outside of equities, several key intermarket signals remain constructive for risk assets.

The U.S. dollar $DXY continues to trade sideways, which is often viewed as a sweet spot for stocks—weak enough to support liquidity and earnings, but not so weak that it raises concerns about economic deterioration.

Meanwhile, traditional safe-haven assets are struggling to gain traction.

#Gold $GLD remains in a downtrend below its declining 50-day moving average, while #silver $SLV recently failed a breakout attempt and has rolled back over.

At the same time, #Bitcoin $IBIT has come under pressure as negative sentiment emerged following reports of insider selling by $MSTR Michael Saylor.

The relative weakness across gold, silver, and Bitcoin suggests capital is still favoring equities over alternative stores of value, reinforcing the current risk-on environment.

*

So, overall, the uptrend is intact, breadth is healthy, volatility is cooperative, and fear remains contained.

While some profit-taking is warranted in extended positions, there is little evidence yet that this bull move has reached the kind of euphoric extreme that typically marks a major top.

*

Watch this Short video where we break it all down in detail 🔽

[Revere Asset Management @RevereAsset]

📺 Semis Pause While Cyclicals Wake Up — Important Rotation Underway?

Please ❤️like and 🔁share with fellow growth stock investors

In today's market update, @ConnorJBates_ notes that the market still has the four coveted Green Arrows in our Trend Gauge, but the bigger story may be what’s happening underneath the surface.

After months of AI and semiconductor dominance, traders are starting to watch for a potential rotation into cyclicals and lagging groups.

*

Price action remains constructive across the board.

$SPX held a tight range near the highs after growth stocks initially sold off versus value early in the session.

$QQQ continues to respect the 8 EMA, while the Mag 7 names $MAGS are no longer excessively extended after building solid bases.

That wedge breakout structure in big tech could still fuel another leg higher for the indexes.

But the key shift may be breadth.

$RSP finally confirmed the cup-and-handle breakout traders have been waiting for, while the Dow $DIA, mid-caps $MDY, and small-caps $IWM continue improving technically.

*

The market is beginning to ask whether leadership can broaden beyond semis and AI into regional banks $KRE, transports $IYT, airlines $JETS, retail $XRT, homebuilders $XHB, biotech $XBI, solar $TAN, and other cyclical areas.

At the same time, signs of exhaustion are emerging in parts of the semiconductor trade. $SMH $SOXX

$MU becoming a $1 trillion company in only 48 trading days highlights just how euphoric the AI momentum chase has become. By comparison, $NVDA took 490 trading days to achieve a similar move.

Korean $EWY semiconductor names like #SKHynix are also showing increasingly speculative behavior.

It is a potential warning sign of overheated speculation.

*

At the moment, volatility remains calm with the $VIX below 17, and breadth indicators are not yet at euphoric extremes.

That leaves room for further upside if rotation continues successfully.

Breadth signals also remain neutral-to-positive. The percentage of stocks above their 5-day moving averages is not at euphoric extremes yet, which implies the market may still have room to run before becoming dangerously overheated.

#Bonds may also be playing an important role here.

Last week’s fear was that #yields were breaking out higher while bonds were collapsing.

Instead, $TLT reclaimed support after a failed breakdown. From failed moves can come fast moves, and if rates stabilize, that could help support broader participation across equities.

*

The dollar $DXY remains inside a larger trading range, and the market’s reaction to future dollar moves will matter.

$GLD is testing whether it can hold its 200-day, while $GDX miners are showing a similar structure.

#Silver $SLV has lagged badly relative to #gold, with its 200-day moving average sitting significantly lower around the $60 area.

#Bitcoin-related assets have become weaker recently. $IBIT acts as “the dog,” implying it has become one of the weaker-performing risk assets in the near term.

That weakness contrasts with the continued strength seen in equities.

*

In Grotection, we bought $LABU (a 3x-leveraged bullish biotech ETF) to capture a potential rotation into the biotech space, and we made an offensive trim in $MRVL.

In Turbotection, we sold $AAOI, did an offensive-trim of $SEDG, and bought $NBIS, which continues to crush it.

*

So, the market trend remains bullish and technically healthy, but leadership may be evolving.

AI and semiconductors are still powerful drivers, yet many of those names are becoming increasingly extended and speculative.

The next phase of the rally may depend on whether capital rotates successfully into lagging sectors and broadens participation across the market.

*

If you find this helpful, please ❤️like and 🔁retweet

[Valckrie @Valckrie]

05/28 Catalysts

$CRWV — closes training-to-inference gap for autonomous agent improvement
$AVAV / $UMAC / $LTRX / $ONDS — Trump administration in talks to fund U.S. drone companies via debt and equity, potentially taking government ownership stakes
$NBIS — Leopold Aschenbrenner's Situational Awareness LP discloses 12.41M share stake (5.6%)
$MRVL — Q1 beats estimates
$SNOW — Q1 results; Amazon strikes $6B deal for agentic computing chips
$META — launches paid subscriptions across Instagram, Facebook, and WhatsApp

[Don Vandenbord @dvandenbord]

AI SECTOR BREAKDOWN - 65 STOCKS, 4 ETFs

MANY HAVE A PRESENCE ACROSS MULTIPLE SECTORS

WHAT'S MISSING?

[Revere Asset Management @RevereAsset]

REVERE DAILY MARKET INSIGHT VIDEO (5-22-2026):

BY @TedHZhang

BREADTH REVIVAL AND LEADERS STRONG; SPX NAS ATH WEEKLY CLOSE.

HAPPY MEMORIAL DAY WEEKEND AS WE REMEMBER THE FALLEN SOLDIERS WHO SACRIFICED THEIR LIVES TO DEFEND THIS GREAT COUNTRY TO PRESERVE OUR LIBERTIES AND FREEDOMS! THANK YOU TO ALL THOSE WHO SERVE IN THE US ARMED FORCES AS WELL.

LIKES & RETWEETS ARE APPRECIATED

[Revere Asset Management @RevereAsset]

📺 The Market Just Passed A Major Bullish Test

Please ❤️like and 🔁share with fellow growth stock investors

In today's market update, @ConnorJBates_ notes that, despite some recent weakness, the broader market structure remains firmly bullish across multiple timeframes, with leadership stocks continuing to behave well.

Reclaiming the 21 EMA was important, especially for small-caps and mid-caps, which had briefly weakened during the pullback but are now recovering, while breadth is beginning to expand beyond just mega-cap tech.

That combination — leadership strength, improving participation, cooling yields, and worsening sentiment — is a highly favorable setup for continued upside.

The recent three-day decline was a healthy reset of overbought conditions, not a technical breakdown. Exactly the type of behavior expected during a “power trend.”

Importantly, $SPX never lost the 21 EMA, reclaimed the 8 EMA cleanly, and Wednesday's bounce and Thursday’s follow-through confirmed higher momentum.

We now want to see $SPX push back above the key 7,500 level, which would further confirm trend continuation.

*

This broadening participation is extremely healthy because rallies become more sustainable when gains spread across more sectors and more stocks.

$RSP (equal-weight S&P 500) now looks “coiled” for a breakout above $205 from a cup-and-handle pattern.

At the same time, the Dow Jones $DIA is finally participating after lagging for weeks, mid-caps $MDY are clearing downtrend resistance, and $IWM successfully held its breakout retest and reclaimed both the 8/21 EMA.

Technology leadership remains very strong as well:
– $QQQ is having a “phenomenal” setup with a bullish flag pattern
– Mega-cap tech $MAGS reclaimed the 8 EMA and is attempting to break a downtrend line from the highs.

When mega-cap leadership remains intact, and breadth expands into equal-weight, small-caps, and cyclicals… then the rally becomes much harder to derail.

*

Volatility conditions are also improving: $VIX broke below 17. Declining volatility confirms that institutional confidence remains strong.

Macro and intermarket signals are also supportive:
– $TLT (long bonds) bounced
– Yields cooled off slightly
– Lower yields helped stabilize equities after contributing to the recent pullback

Rising yields had been one of the few things “holding the market back,” so a cooldown in rates would likely support continued upside in equities.

*

Other assets:
– The dollar $DXY remains weak after a breakdown below $100 and toward $95
– $GLD is stuck in “no man’s land”
– $GDX is testing the 200-day
– $SLV remains rangebound
– $IBIT is quiet, may attempt to reclaim key EMAs

*

Sentiment data has been updated as well.

– AAII bulls dropped sharply to 31.7%, while AAII bears surged to 43.6%.

From a contrarian perspective, this is bullish because the market structure is improving, indexes reclaimed support, leaders remain strong, yet investor sentiment is becoming more pessimistic.

As a bull, that’s what you want to see.

*

We may also see a possible Iran deal as an additional catalyst, though the news itself matters less than the market’s reaction to the news.

*

In Grotection, we added protection through $UPRO hedges and trimmed $TWLO.

In Turbotection, we added to $SPYM core exposure, bought $TSLA, $INOD, and $NOK, and trimmed $ARM after an approximately 100% gain and another large two-day rally.

We are still net bullish, participating offensively, but also actively managing risk and trimming extended winners into strength.

*

If you find this helpful, please ❤️like and 🔁retweet

[Jacob @_JacobRaymond]

$BB, $NOK, $SNDK, $DELL, $INTC, $QCOM, $TXN, $CSCO, $FLEX, $EBAY and now $HPQ, $IBM, $LOGI 2000 tech legacy brands are riding the AI wave. 🌊🇺🇸

What else?

[Jacob @_JacobRaymond]

Coming off a portfolio high is one of the most dangerous psychological spots for a trader.

Your brain immediately anchors to that peak. You want it back right now, so you start forcing subpar setups and taking on reckless risk just to erase the drawdown.

The urge to "get it back fast" ruins way more accounts than the actual market dip.

Respect your risk parameters, protect your capital, and let the market come to you.

[Jacob @_JacobRaymond]

Coming off a portfolio high is one of the most dangerous psychological spots for a trader.

Your brain immediately anchors to that peak. You want it back right now, so you start forcing subpar setups and taking on reckless risk just to erase the drawdown.

The urge to "get it back fast" ruins way more accounts than the actual market dip.

Respect your risk parameters, protect your capital, and let the market come to you.

[Jacob @_JacobRaymond]

Sensational headlines can be incredibly distracting.

There’s always some headline grabbing piece of news about why the markets have or should move in a direction.

Very easy to get caught up in the noise.

Jessie Livermore said it best: “Markets are never wrong, opinions often are.”

Tune out the narrative, stop trading the chatter and start trading the price action. The tape doesn’t lie.

[The Kobeissi Letter @KobeissiLetter]

Risk appetite in South Korea is exploding:

Margin loans outstanding on Korean stocks are up to a record $24.3 billion.

Since the start of 2025, margin debt has surged +140% and is up +32% since the beginning of this year alone.

To put this into perspective, the value of leveraged bets on Korean stocks was ~$5.0 billion in 2020.

This also likely understates the real scale, given that many loans taken out to buy stocks are labeled under other categories.

Meanwhile, domestic investors have poured ~$25.3 billion into South Korean shares year-to-date.

Retail investors in South Korea are aggressively rushing into stocks.

[Ted @TedPillows]

S&P 500 $SPX has struggled from May to October during midterm election years.

🔴 1962: -21.49%
🔴 1966: -21.22%
🔴 1970: -0.1%
🔴 1974: -32.5%
🔴 1978: -8.64%
🟢 1982: +17%
🔴 1986: -7.62%
🔴 1990: -18.7%
🔴 1994: -1.86%
🔴 1998: -18.33%
🔴 2002: -30.54%
🔴 2006: -4.73%
🔴 2010: -6.08%
🔴 2014: -5.37%
🔴 2018: -5.06%
🔴 2022: -19%

2026: ????

[Investors.com @IBDinvestors]

What's the most important thing in trading according to Ted Zhang? How to cut your losers. #StockMarket #CutLosses #MarketInsights

[Jacob @_JacobRaymond]

$USO weekly

[Jacob @_JacobRaymond]

Crude weekly

[Jacob @_JacobRaymond]

Good point. And has yet to close under the 10DEMA
"You can't outsmart the moving averages" - @Qullamaggie

[jmoneystonks @jmoneystonks]

Market leader $SNDK is green. It was red all week. In a true “top” I think SNDK would be down big. Leader means it moves before others…. Omen?

[Jacob @_JacobRaymond]

Good thread of tweets

[Valckrie @Valckrie]

Short term 5 & 20-sma breadth is back at March 30th market bottom levels