@HedgieMarkets I’ve asked the SpaceXAI team to preserve any rare books in a library and scan them the hard way vs just cutting off the spine and scanning
@HedgieMarkets I’ve asked the SpaceXAI team to preserve any rare books in a library and scan them the hard way vs just cutting off the spine and scanning
U.S. futures are rebounding as Brent falls 5%+ and WTI about 6%. But the Nasdaq is still down roughly 5% over two weeks, so the market remains mixed—not a confirmed breakout. With nearly a third of the S&P 500 reporting, plus the Fed, PCE and GDP, expect volatility.
5 lessons from Nicolas Darvas:
1.Price and volume often reveal the truth before the story.
2.Focus on leaders breaking into higher boxes.
3.Define the stop before entry; keep mistakes small.
4.Add only to winners and let profits run—never average down.
5.Ignore noise, respect the market, and hold cash when no valid setup exists.
Book notes only, not investment advice.
In the years before automobiles, the smart operators went into railroads because they knew these would supersede the covered wagon and the stage coach.(Nicolas Darvas)