Here's a chart of Qullamaggie's # of Positions overlayed with the QQQ's (credits to @muninn)
On top of it is a green/red signal based on data from @PradeepBonde's Market Monitor (MM). (more on this in tweets below).
The MM appears to be a useful gauge of market conditions.
🧵
New Qullamaggie Stream Highlight Video (11-03-2022)
- I increased sound volume for this stream
- Market Analysis
- Potential hot sectors in next bull run
- Working EP's breakouts over the last months
- much more...
https://t.co/PQso0K7g71
Lovely little EP on $ENPH yesterday. Got stopped out 1 min ORH but back in on strength crossing VWAP. 25% of my account in this one. Decent EPS/Rev beat, a great chart for it on a stock that has held up very well during the winter downturn. Could be a leading sector going forward
Positions 15-07-22. Short $PRCH and $KRE. New longs $CELH and $SWAV. Perhaps a bit hasty with $SWAV but first time I've seen any number of long setups for a while!
In terms of swings, I cut $KOS and $EQT yesterday. I'll put them back on the watchlist and hopefully they set up again. Still holding $AR, $VLO and $FUTU.
New positions $AR and $EQT 0.33% risk on each of these. Great @Qullamaggie breakouts. Look how clean the EQT leg up was. Fingers crossed for a follow through like that!
CHANNEL FUNDAMENTALS: This is as important as my “Right Side of the V” concept. Together these two concepts explain a lot of how I traded MSTR / ARKK last week, Nasdaq futures in Jan ‘22, my prior GME write-up and a lot of my trading. So simple yet so many traders mess it up! 1/7