Jordan Kerner

Financial advisor

[Jordan Kerner @jskerner]

I called for a relating rate at $81. Small pullback from earnings pop.

[Jordan Kerner @jskerner]

@epictrades1 Still can’t touch you bro. Have a great weekend. Rest.

[The Inner Circle Trading Group DP David Prince @epictrades1]

Leopold was still up 80% on the year after having a horrific month. I mean that’s seriously impressive

[Jordan Kerner @jskerner]

@Mr_Derivatives Oil higher and $ higher too

[Heisenberg @Mr_Derivatives]

Gold down

Bitcoin down

Yields up

Equities probably should close some if not all that gap today imo.

[Jordan Kerner @jskerner]

@ConnorJBates_ Someone always knows

[Connor Bates @ConnorJBates_]

"Hedge funds sold the most global information technology equities in the 3 days ending July 28th since data began in 2016." ~ GS

[Jordan Kerner @jskerner]

@Venu_7_ Thank you Venu. Great piece

[Venu @Venu_7_]

Want to Know If the Bottom Is In? Read this.

Since $QQQ just printed a gap-up candle, the next thing I'll be watching is the Follow-Through Day (FTD).

One of William O'Neil's most important rules for confirming a market bottom.

How it works:
- Market is in a correction. The first day an index closes higher = Day 1 of a rally attempt.
- Days 2-3 don't need to be up. The rally stays alive as long as Day 1's low holds.
- Then on Day 4-7, watch for one major index (S&P 500 or Nasdaq) to gain 1.25%+ on volume higher than the day before.

That's the follow-through day. Downtrend over. Confirmed uptrend.

The rules that matter:
- Not every FTD works - many fail
- But no bull market has EVER started without one.
- Undercut Day 1's low -> the count resets
- FTDs after Day 10 carry lower success rates

What to actually do on an FTD:
Don't go all in. Buy starter positions in leading stocks breaking out of sound bases. If the rally is real, they work - and you add. If it fails, you're barely exposed.

O'Neil's whole point: you don't predict bottoms. You confirm them.

Corrections are for building the watchlist. The FTD tells you when to use it.

[Jordan Kerner @jskerner]

@CKCapitalxx Not so far. How about red to Green Day?

[CK Capital @CKCapitalxx]

Anyone else feeling a KOSPI mega green day?

Just me?

[Jordan Kerner @jskerner]

@Remzztrades It’s over if they do

[Jordan Kerner @jskerner]

@Mr_Derivatives Everyone waiting for $100. I am Shorting till 105 then starting long. IMO.

[Heisenberg @Mr_Derivatives]

Everything green in pre except $SPCX on my watchlist.

Eeesh