Davidx Ryan

3 time U.S Investing Champion 1985,86,87, Portfolio Mgr New USA Growth Fund 1993-98, Wm O'Neil & Co. 1982-98, Ryan Cap Hedge Fund Mgr 1998-2014 ideas # advice

[Davidx Ryan @dryan3x10]

no sleep 👏 shoot 👏 club 👏 another shoot 👏another shoot 👏 another club 👏 uber 👏 next place 👏 no sleep 👏 another shoot 👏 another shoot 👏

[David Ryan @dryan310]

Just recorded an Investor's Business Daily podcast with Justin Nielsen that you can access from this link. https://t.co/beRRGFo5yU I cover the general market and the weakness developing in the "FANG" stocks. I also suggest groups that are just emerging.

[Mark Minervini @markminervini]

My good friend Thomas Ryan @tryan310 (yes, David Ryan's son) started a new belt company with some friends. He was kind enough to send me a belt customized with my company logo (Minervini Private Access) on it. Included was a note that read "this gives private access a whole new meaning." 😮 Lol! Check it out; maybe you can become a customer and help these young men kick start this new venture.
https://t.co/v0dGDrvet2

[David Ryan @dryan310]

For 9 years the market has trained everyone to buy pullbacks. The goal is not to buy the exact low, but the follow through. The right time to buy can be many weeks after the market's low when proper bases have been built. So stay patient, key on those resisting the decline.

[David Ryan @dryan310]

Not much to add to last week's tweet. With a selling discipline, you should have a tremendous amount of cash, waiting to buy stocks with the right characteristics. Unless you day trade, continue to be patient. It could be weeks, if not months, before there are set ups to buy.

[David Ryan @dryan310]

With less than 10% of NYSE stocks above their 50 Day MA's most uptrends are gone. It will take weeks to set up proper bases to buy. If you day or swing trade, good luck. If you buy for longer term moves, have patience and wait like a batter waits for the right pitch to hit.

[David Ryan @dryan310]

After a long run with climatic moves and the volatility picks up, I always raise cash and hedge. Wait for proper bases to set up. Stay disciplined! Proverbs 5:23 He will die for the lack of discipline. Led astray by his own great folly.

[David Ryan @dryan310]

There are a number of nice looking setups in the Housing group. Many have made some steady moves over the past 6 weeks. Good to balance a portfolio with a few less volatile stocks against a large weighting of technology.

[David Ryan @dryan310]

TSLA after a climatic run from 300 to 968 has been wedging up over the past 5 days. It looks like it is about to take another leg down. Next stop should be around 685 then 660.

[David Ryan @dryan310]

TSLA just reverse on the largest hourly volume since the start of its move from mid-December. The angle of its accent, in the last few days has been straight up. For those long, it is probably the place to take some profits.

[David Ryan @dryan310]

With lots of headline risk, it's best to sit and wait for the right setups to emerge. This will take time. There was some large volume on the downside during the last 7 days. Of the major indexes, all but the QQQ's are living below the 21 day ma. DIA and IWM now below the 50 day.

[David Ryan @dryan310]

Seeing liquidity drying up with adv dcl lines about to break. Among the blowout earnings of some stocks, don't lose sight that the overall market is looking a little vulnerable. The Dow and Russell have now been under the 21 Expo Mov Avg for the longest time since Oct 11, 2019

[David Ryan @dryan310]

When you run out of stocks that are set up to buy like we did last week, that is a great indication the move is over. Still like Gold breaking out and Housing on the pullback.

[David Ryan @dryan310]

Housing stocks continue to be one of the strongest groups with many in their first few weeks out of long bases.

[David Ryan @dryan310]

I would also keep an eye on GLD, IAU and UGLD as they are forming, not perfect, but decent 4 month cup with handle patterns.

[David Ryan @dryan310]

On my weekend review, many extended stocks and very few set ups. Time to review your portfolio and kick out lagging stocks and tighten up those that are very extended. A few ETF's look good: ITB, IAU and EWA.

[David Ryan @dryan310]

After a long rally, stocks just going into new high ground are late probably laggards. Check their RS Lines to see if they are anywhere close to highs. Ask the question what took them so long to move. Leaders break to highs before the market turns and 3 to 4 weeks after.

[David Ryan @dryan310]

The ETF I am involved with, EASI Tactical Growth updates its names once a month and did so this morning. This is a good source of individual ideas. EASI broke into new highs 4 weeks ago, a lot sooner than other growth ETF's. Find the portfolio at: https://t.co/08SOeUhnLC

[David Ryan @dryan310]

Yes, Sean did it all on his own. He never asked me about what stocks to buy or even has access to Mark's site. He found his own setups and traded them for short term moves. He learned from all his mistakes which we all have to do.

[David Ryan @dryan310]

Check out what EASI has done since October 17th and how the rest of the market has performed!

[David Ryan @dryan310]

An area of the market that is starting a move is in mid-cap weighted stocks. The way I would take advantage of this is by buying the XMMO. That is the Invesco S&P Mid Cap Momentum ETF. Its RS line is breaking into a 8 month high.