Joe Williams

Tweets are my opinions and do not represent financial advice.

[KIER MCDONOUGH @KIERMCD]

The innovation cycle is thriving and accelerating here in the US. We should have many wonderful growth opportunities in the decades ahead. 🇺🇸

[Joe Williams @Williamj54]

@ioTrader @CubbieBears

My pick is $SQQQ. The trend is your friend.

[Joe Williams @Williamj54]

Well done @1charts6. Very impressive!

[John Boik @monsterstocks1]

Since everyone is talking about TSLA, here is how a master swing trader @1charts6 racked up an incredible 941% return in 2020 when it was the leading stock of that uptrend and he concentrated on it for the bulk of his return.

[Jurrien Timmer @TimmerFidelity]

All in all, I expect 2023 to be a choppy year for stocks, but ultimately, I think it will be a trendless year. I expect the stock/bond correlation to flip back to negative now that inflation is coming down. So, the 40 side of the 60/40 model should work if the 60 doesn’t. /END

[Joe Williams @Williamj54]

The $XLY breaking below the June lows is not a good omen for the broader markets or economy. Maybe there is some support in the low $120 area, but below that and you’re looking at an undercut of the Covid low potentially at some point in 2023.

[Joe Williams @Williamj54]

The old IBD Forum days! Those were fun. Crazy how conversation platforms about markets have evolved over the years. Now with Twitter it’s on a whole new level. Thanks for the kind words.

[Joe Williams @Williamj54]

Very true

[Meir Landau @meirlandau10]

@Williamj54 Takes a professional with a few cycles experience to MADBE identify it and execute it.

[Joe Williams @Williamj54]

The trick was to raise cash early in year, wait for rates to climb, then cycle into this investment. How many were skilled enough to do that? Probably not many.The warning signs were flashing yellow from early 2021. Again, who saw them? Probably not many. We having fun yet?🤷‍♂️

[KIER MCDONOUGH @KIERMCD]

Cash is not trash anymore. A 4.6% 6 month T-Bill during a devastating bear market will protect your account and help maintain your sanity while one waits for the next bull market.

[KIER MCDONOUGH @KIERMCD]

Cash is not trash anymore. A 4.6% 6 month T-Bill during a devastating bear market will protect your account and help maintain your sanity while one waits for the next bull market.

[Joe Williams @Williamj54]

@CubbieBears 👍

[Trading Composure @TradingComposur]

You have to develop the ability to be content with not doing anything, sometimes for extended periods.

The market won't hand you an A+ setup every day.

Can you sit on your hands and pounce only when the stars are fully aligned?

Most traders can't—they compulsively seek action.

[Liz Ann Sonders @LizAnnSonders]

Core goods (blue, labeled “commodities” per CPI’s language) in meaningful disinflation; core services (orange) perhaps finally peaking

[Liz Ann Sonders @LizAnnSonders]

November CPI #inflation at 7.1% y/y vs. 7.3% est. & 7.7% prior … core 6% y/y vs. 6.1% est. & 6.3% prior

[Joe Williams @Williamj54]

We received our answer this week. The oil equity rollover has begun.

[Joe Williams @Williamj54]

I thought oil/gas was getting its mojo back last month. However, it short term strength rolled over. The largest equity oil names are resilient, but both oil and natural gas commodities look weak. Begs the question which one will win; oil strengthens or oil equities break down?

[Joe Williams @Williamj54]

This war has entered a new phase; Ukraine is striking targets deep inside Russia now.

[The Wall Street Journal @WSJ]

Russia said drones struck an airfield in the city of Kursk, igniting a fuel-storage facility, in what Moscow said was the third long-range attack by Ukrainian forces on its air bases in two days https://t.co/hChupLl05J

[Joe Williams @Williamj54]

The 12 month moving average is about to cross below the 36 month moving average on the Nasdaq. A rare occurrence in the Nasdaq Composite 50+ year history.

[Joe Williams @Williamj54]

The below post continues to be relevant. $AAPL, the last of the mega cap stalwarts, is finally starting to succumb to the bear market. It has found support at its 36 month moving avg since 09’. Will it this time? Something tells me no. A break and close below $130 is a warning.

[Joe Williams @Williamj54]

It’s obvious, or should be, to the majority that mega cap tech has topped for the cycle. With sales/eps growth rates now slowing into the single digits or negative YOY comps. Can the market bottom when the biggest stocks are under systematic distribution which will take months?

[Joe Williams @Williamj54]

I thought oil/gas was getting its mojo back last month. However, it short term strength rolled over. The largest equity oil names are resilient, but both oil and natural gas commodities look weak. Begs the question which one will win; oil strengthens or oil equities break down?

[Joe Williams @Williamj54]

$UGA (gas prices) might be getting it’s mojo back. The inflation story might not be over just yet. The SPR release is about played out. Do we now start to resume this uptrend? Or stall and breakdown on global weakness? Does a weaker dollar = more oil demand? Higher prices ahead?

[Joe Williams @Williamj54]

73’-74’ bear market bottomed after undercutting the major low from 1970, after doubling off that low. For us, that’s the equivalent of the Covid low, 2191 on S&P. Maybe an undercut and rally in 2023/24? However, maybe it’s 1966 and we rally to old highs? Only time will tell.

[robert fehrmann @rfehrm]

@CubbieBears Hi Ryan…enjoying our cold? at this moment we are tracking pretty close…In 73,SPX was -19, NASDAQ -27,then as of now 2 legs down, the real carnage,will be IF we get the 3rd leg down, as in 74.. if nasty recession next year odds favor more down..

[Liz Ann Sonders @LizAnnSonders]

Future supply chain stress nonexistent per November ⁦@KansasCityFed⁩ Index … outlook for supplier delivery times has crashed to lowest on record