@SteveUrkelDude Great opportunity for long-term investing. From a swing trade perspective, are atleast 60% of last week's breakouts continuing the rally? I haven't found that to be true so I'm sitting on cash until that time comes.
Look everyone... don't ever be concerned with my positions; be concerned with the risk you are taking.
I've been trading for 43 years and have had only a few single-digit drawdown years. All of my trades are made from very low-risk entry points and always with a hard stop loss in place.
I could turn out to be wrong and the market may have already made its low. If so, I'll get stopped out. That's the business.
I'm wrong just as often as I'm right. The difference is that my risk is always defined and controlled. What matters is not being right all the time; what matters is that the risk taken relative to the potential reward, adjusted for batting average, is managed in a way that produces a profitable outcome over a large sample of trades.
That's how I've approached the market throughout my entire career, and it's no different today. The distribution of gains and losses over time forms a profitable bell curve because risk always comes first, and risk is always managed in relation to reward.
Most breakout stocks have failed continuation this week. To me this is a sign to take profits and wait for markets to fall. I'm out, safguarding this rally's profits.
Watching the Vix and playing small options on it
It is not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.
— Stanley Druckenmiller
@SteveUrkelDude Interesting interview I found about diversification today. Funny enough these renowned investors suggest asymmetric trades on a handful of stocks.
Everyone is different and I respect that. How do you do it?
https://t.co/bbIuvg8LlJ
@ACInvestorBlog Nice call! Wished I got in with you on May 22. Broke out with volume that day. Still seems to be a ~30% potential assuming markets stay stable.
Wow! Nice! I've laid off options for a bit until I nail down my strategy. Coincidentally, I called this the day before on a X post.
This is the perfect setup. Flat, kinda upward trend for weeks with huge bullish volume. The Nvidia news was just the catalyst, big money was already parked long ago.
Got lucky with this call and its next day 25% jump. This doesn't always happen! My pick, as always, is based on a strong daily and weekly price and volume action.
I’m 60 years old and retired from JPMorgan. My monthly income is $105,000.
My June advice:
$SNDK (SanDisk) — Don’t buy
$CRWV (CoreWeave) — Don’t buy
$FUTU (Futu Holdings) — Don’t buy
$INTC (Intel) — Buy at $99–$105
$NVDA (NVIDIA) — Buy at $210–$216
$MU (Micron Technology) — Buy at $990–$999
$MRVL (Marvell Technology) — Buy at $210–$218
People ask, Why don’t you charge?
I’ve made enough. Sharing is my passion ,that’s why I post for fre.
@MarketMatrixs What worries me is this price level was rejected early 2026 as you see below. Volume looks strong but Im gonna wait till confirmation once it breaks above.