Grasshoppa Stocks

Mainly here to gain/share market/investing wisdom. Husband/Father/Wannabe comedian/honorary Ugandan/Mere Christianity/Atlanta Falcons Fan 🇺🇬🇺🇸

[Grasshoppa Stocks @danielkern79]

Pinning until I don't break these rules...

[Market Rebellion @RebellioMarket]

Market Wizard Linda Raschke's 12 Technical Trading Rules

1. Buy the first pullback after a new high. Sell the first rally after a new low.

2. Afternoon strength or weakness should have follow‑through the next day.

3. The best trading reversals occur in the morning, not the afternoon.

4. The larger the market gaps, the greater the odds of continuation and a trend.

5. The way the market trades around the previous day’s high or low is a good indicator of the market’s technical strength or weakness.

6. The previous day’s high and low are two very important “pivot” points, for this was the definitive point where buyers or sellers came in the day before. Look for the market to either test and reverse off these points, or push through and show signs of continuation.

7. The last hour often tells the truth about how strong a trend truly is. “Smart money” shows their hand in the last hour, continuing to mark positions in their favor. As long as a market is having consecutive strong closes, look for the up‑trend to continue. The up‑trend is most likely to end when there is a morning rally first, followed by a weak close.

8. High volume on the close implies continuity the next morning in the direction of the last half‑hour. In a strongly trending market, look for resumption of the trend in the last hour.

9. The first hour’s range establishes the framework for the rest of the trading day.

10. A greater percentage of the day’s range occurs in the first hour than was the case in the past, and thus it has become increasingly important to trade aggressively if there are early signs of a strong trend for the day.

11. There are four basic principles of price behavior which have held up over time. Confidence that a type of price action is a true principle is what allows a trader to develop a systematic approach.

The following four principles can be modeled and quantified and hold true for all time frames, all markets. The majority of patterns or systems that have a demonstrable edge are based on one of these four enduring principles of price behavior. Charles Dow was one of the first to touch on them in his writings.

Principle One: A Trend Has a Higher Probability of Continuation than Reversal

Principle Two: Momentum Precedes Price
Principle Three: Trends End in a Climax
Principle Four: The Market Alternates between Range Expansion and Range Contraction
In the world of money, which is a world shaped by human behavior, nobody has the foggiest notion of what will happen in the future. Mark that word – Nobody! Thus the successful trader does not base moves on what supposedly will happen but reacts instead to what does happen.

[Grasshoppa Stocks @danielkern79]

$PLTR trading sideways for a couple weeks, digesting the big move. Look beneath--the 50 day (blue) is about to shoot up through the 200 day (purple) for a golden cross. Beautiful

[Steve Burns @SJosephBurns]

If a gap on a chart does not fill in the first hour of trading, it tends historically to keep going in the direction of the gap for the rest of the day.

[Grasshoppa Stocks @danielkern79]

@SJosephBurns Also because we pay taxes, while the wealthy and the poor mostly don't.

[Grasshoppa Stocks @danielkern79]

@TrendSpider He's shorting the company with CIA contracts and longing...SANDALS? It's a weird world we live in, man!

[Grasshoppa Stocks @danielkern79]

@fitz_keith Its really such a tiny settlement compared to the numbers we were all hearing! No motivation for them whatsoever to change

[Grasshoppa Stocks @danielkern79]

@fitz_keith Say hello to El Cap for me!!

[Grasshoppa Stocks @danielkern79]

@The_RockTrading Hammertime!

[Grasshoppa Stocks @danielkern79]

@KHerriage YOU DA MAN!!! Thanks Kip!!

[Grasshoppa Stocks @danielkern79]

@TaPlot Sorry to read this, brother. Praying for your body, mind, and spirit in the name of JEsus.

[Traderstewie @traderstewie]

August is always the most notoriously choppy, lowest volume month of the year. Volume and therefore way cleaner action/movement in stocks will trickle back in September as wall traders return from their Summer breaks.
Each year, this is the case. Nothing you can do about it except ride it out.

[Grasshoppa Stocks @danielkern79]

@Jake__Wujastyk Beneath all the daily MA too....

[Grasshoppa Stocks @danielkern79]

The year is 2035. $SOFI is still trading at $18 building a new base. The CEO continues to buy up shares.

[Grasshoppa Stocks @danielkern79]

@Jake__Wujastyk @newsomenuggets Interested

[Market Rebellion @RebellioMarket]

99% of options traders are gambling because they never learned the fundamentals:

this 1-hour yale lecture changes everything.

in just 60 minutes, you’ll learn more about options trading than most overpriced trading courses ever teach.

save this and watch it without distraction.

[Grasshoppa Stocks @danielkern79]

Tesla with an inside hammer on the daily, bouncing off 10 and 20 day ema with a major gap above. Looks juicy, shout out to the candlestick jedi @newsomenuggets for all the FREE knowledge he has dropped through the years

[Grasshoppa Stocks @danielkern79]

@The_RockTrading THAT GAP JUST WON"T QUIT. I'm a patient man though.

[Grasshoppa Stocks @danielkern79]

@paxtrader777 Thanks Pax. I'd bear hug ya in person.

[Grasshoppa Stocks @danielkern79]

@SquawkCNBC @AndrewDudum This the guy that pumped his stock and then sold? NOT A FAN

[Grasshoppa Stocks @danielkern79]

@NickSchmidt samesies brother