Trader Jim

[Trader Jim @AZTraderJim]

@TravisHoium Careful, Zillow is a broker, they make money selling leads to realtors and taking a cut from some buyer agents on buy side deals. Listings put into the MLS are already on Zillow, so nothing changes there. Future lawsuits from unrepresented buyers against sellers should be fun.

[Trader Jim @AZTraderJim]

@JWMediaDC @theACC @espn @pac12 It's confirmed... I have video proof from @espn HQ This is literally the dumbest thing I've heard

[Trader Jim @AZTraderJim]

@omeezygaming520 @MichaelJLev Don't need a huge fanbase... it'll be filled with visitor fans like the cardinals games that call the Phoenix area home now

[Trader Jim @AZTraderJim]

@dnm1712 @ripster47 No one is saying it's a line in the sand. It's basic psychology of trading, the psychological importance of levels like 50, 100, 150, 200 etc. Yes it can still go much lower but a bounce may occur if it holds, a battle for that level between longs, shorts & traders w/limited risk

[Trader Jim @AZTraderJim]

@JamesOw56612383 You do realize MSOS is a US MSO etf not Canadian? None of those stocks you mentioned are in MSOS https://t.co/eWzS5cEQYO

[Trader Jim @AZTraderJim]

@msosbagholder $MSOS Agree, should be a quick move if it dumps. Something tells me retail about to get played & possible big dump to washout retail. I can't imagine the dump not being bought. But a retest of the breakout & continued move lower today wasn't a great sign.

[Trader Jim @AZTraderJim]

$BX sitting on the 200 w SMA on the weekly chart. Old high at 65 is major support. Set alerts for lower levels if they get there but might bounce here.

[Trader Jim @AZTraderJim]

$SPY $SPX #SP500 Pattern playing out perfectly and sitting on good support here to the 390 area. Would not be surprised to see a drop to 390 area then a relief bounce. Any test of 400 area will likely be sold.

[Trader Jim @AZTraderJim]

$SPY $SPX #SP500 Not expecting any breakouts today. Still trading within this wedge below the major downtrend line but above current uptrend line. $NFLX $GOOGL $BA strong today

[Trader Jim @AZTraderJim]

$SPY $SPX #SP500 Clear break below trendline support, this is step 1 BUT very low volume so far today & we need to see where it CLOSES. Nov 17 low 390.14 & Nov 1 high 390.39 is key support on the downside. Need to see if any rallies today will be sold at the trendline

[Trader Jim @AZTraderJim]

$ABNB It's really not rocket science. Follow the trendlines. Rallied back to trendline resistance and dropped hard.

[Trader Jim @AZTraderJim]

$ABNB with major trendline break. Just like $AMZN had last week. Look for any retest of that trendline to be sold hard.

[Trader Jim @AZTraderJim]

@NealBrown_WVU @NealBrown_WVU Stick with Nicco (starter) & Greene as backup/change of pace if needed. No transfer portal QB this year or I don't blame if they transfer too! To build a program you need to stick with someone that will motivate the whole team, let him grow... You have your starter

[Trader Jim @AZTraderJim]

$NFLX failed at top end of channel. Another strong name recently that I'd pick up if for some reason it heads toward the lower end of the channel. Long way to go but there's also another uptrend line drawn with Arrow pointing to possible support for a swing

[Trader Jim @AZTraderJim]

$BA nice RSI & Stochastic divergences on this recent run to new highs. This has been one of the strongest names but looking for a healthy pullback/retest of downtrend lines then 8/16 high of 173.85.

[Trader Jim @AZTraderJim]

$WYNN Overbought here & near 2 year downtrend line. Good short term short here with stop over major downtrend line. 1st target 80.50 possibly 75 if market dumps. This is a swing trade not a long termer

[Trader Jim @AZTraderJim]

@BahamaBen9 By lead gen I don't mean to sell the leads, I mean every listing they have should be used for open houses by their realtors. This would generate a huge amount of free cash flow from a % of their realtors new buyers & new regular listings... simple solution, terribly run company.

[Trader Jim @AZTraderJim]

$OPEN Breaking down again. No reason to buy ClosedDoor, it's a failed biz model & their AI is a joke. I've said it since they went public. The only way they survive is to become a regular brokerage & make a % off their realtors, lead gen, etc $RDFN & $Z were smart to exit

[Trader Jim @AZTraderJim]

$CAKE What do most technical traders follow as the #1 simplest technical tool... TRENDLINES. Using basic trader psychology I will bet that IF cake goes near 30 it will bounce. How far & long will the bounce last is not of concern. Play the oversold bounce if it gets there.

[Trader Jim @AZTraderJim]

$DKNG loved & hated by many. Peaked thru trendline today but back below as of now. Good volume support below... Really interesting time in the market as a whole right now.