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[Mark Minervini @markminervini]

Institutional money has been hiding in the old heavily weighted mega cap tech names, and that is propping up the Nasdaq Composite relative to the other indexes. However, when you look under the hood you see that only 20% of Nasdaq stocks are above their 50-day moving average lines and only 29% are above the 200-day, which tells you that participation is still thin. Before getting aggressive in this market, I'm looking for better action from breakout names and broader participation outside the old leaders.

[Mark Minervini @markminervini]

FYI... I receive no compensation. Racing cars is one of my hobbies, and I love networking events. This👇 puts the two together. Hope to see you there. And yes, we can talk stocks if you want. 😎🏆

[Mark Minervini @markminervini]

It was Bill O'Neil's birthday a few days ago. I was traveling and missed the opportunity, so here is a belated happy 🎂 birthday. The pic is of Bill and I from more than 30 years ago when he inspired me to trade like a champion 🏆. Bill is a legend, and I owe a degree of my success to the fact that he was alive walking the earth. Thank you, Bill, for inspiring me and millions of others worldwide.

[Mark Minervini @markminervini]

If you would like to meet me AND drive a supercar at the brand new Tampa Speedway Motor Enclave in Tampa Florida on April 20, 2023... you can sign up at the link below. And yes, I will be driving that day along with you. There are only a VERY small number of spots available. It will be an amazing day of fun in the sun at high speeds and twisting turns. Hope to see you there. https://t.co/ZSZ2uexNub

[Mark Minervini @markminervini]

Would you like to know my personal secret to trading success and hear some blunt truth? 👇
4 decades ago - when I first started trading - I went 6 years without making a dime trading, and never once did I seriously entertain the thought of quitting OR changing strategy. I made an unconditional commitment to being the best I could be and mastering one approach.
I hope the next time you feel like quitting this inspires you to press on and persist, because that is the crossroad that every human reaches, and it is at that very moment that you define yourself as a champion or merely another story with excuses. 😇🙏👊

[. @markminecrvini]

Make no mistake, the Fed is closely monitoring the impact of the banking crisis and its associated ripple effects. The Fed noted that this crisis is equivalent to a tightening of monetary policy. If history is any guide, the Fed's rate trajectory has been tempered.

[Mark Minervini @markminervini]

This week the FOMC delivered what the market expected – a 25 bp rate hike however, Fed Chair Powell said the market is getting it wrong when it prices in rate cuts later this year. The Fed is determined to bring inflation under control and likely drag the economy into recession.

The dot plot showed that only one participant thought rates should stay where they are, ten thought they should go 25 bp higher, and seven wanted even more than that! That’s on top of the expected tightening of credit conditions, which Powell guessed could add another 25 bp of tightening.

[Webull™️ @webulltrademark]

RT @biblewords3: RT @AlissaCoram: We also got a note from @markminervini that I read to our audience on #IBDLive this morning. Here's part of it. Subscribers can read the full note in today's Q&A recap. Thanks Mark, and can't wait to have you on the show…