“Remember, only losers fail equally.” -Mark Minervini
Last week in review 👉🏻Market Review+Position Analysis (15/07-19/07 2024)
This week's market behavior:
$NASDAQ 100 Index(.NDX.US)$ & $S&P 500 Index(.SPX.US)$ distributed on Wednesday and Thursday;
$Russell 2000 Index(.RUT.US)$ Draw money on Tuesday and Thursday.
RUT>SPX>NDX.
The main indices NDX and SPX were liquidated at an accelerated pace this week. Judging from the trading volume on Wednesday and Thursday, there are suspected signs of “capitulation”. The trading volume dropped sharply on Friday, and the price recovered slightly. Combined with the current price position, the direction of the original trend, changes in the trading volume in key positions, and the position of VIX, there is at least one opportunity for a high return ratio of rebound transactions; RUT ignored the liquidation of the two major indices. During this red week, it continued the intensity of breakthroughs not long ago; IWM, XBI, housing builders, regional banks, etc. Wait is still Currently the strongest ETF/section.
Weekly chart:
NDX retreated a little above the 30-week line, SPX seemed to refuse to move downward on the 10-week weekly line, and the RUT continued its strength after breaking through the big cycle (STAGE1); it is worth noting that the RUT chart, and very...

This week experienced a sharp retracement in account earnings (from 42.7% to 26.8% in 7 trading days). Among them, in addition to some return returns, there was also an illegal operation, which caused some unnecessary additional losses, in line with the saying “if you don't manage risk, you will be repaired by risk”
Reduction/Clearance:
$Tesla(TSLA.US)$Monday was cut by 1/3 before the earnings report, and some profit was locked in. Currently, it was temporarily above the first gap and cooled down for 2 days on Thursday and Friday; since the upper part currently has a 14-day high-volume candle forming a new supply area, there is also a large cycle consolidation range below, and subsequent prices are likely to operate within these two ranges, up to 230-245, and below to 175-190. We are looking for opportunities to continue to cut/clear positions in the short term, and there are no plans to increase positions until fall.
$Netflix(NFLX.US)$ (+0.13%) fell below the stop loss on Thursday and withdrew from the trade with a profit of 0.13%. The deal showed some obvious problems: 1. Stocks that did not show strong momentum had too little upfront locked profit percentage; 2. They ignored the signal that large trading volume fell below the bear flag; 3. Procrastination caused by the mentality of always waiting and watching.
$Carvana(CVNA.US)$ Due to the proximity of financial reports, positions were cut by 1/3 using Friday's strength to provide a more percentage cushion for financial reports and manage risk....

Last week in review 👉🏻Market Review+Position Analysis (08/07-12/07 2024)
“Keep an eye on your portfolio and be careful when you start experiencing unusual behavior.” -Mark Minervini
A quick review of this week's markets:
$NASDAQ 100 Index(.NDX.US)$ distributed on Wednesday;
$S&P 500 Index(.SPX.US)$ Raise funds on Tuesday and distribute on Wednesday;
$Russell 2000 Index(.RUT.US)$ Attracting funds on Monday and Tuesday;
RUT>SPX>NDX.
On Monday and Tuesday, the market overheated response to Trump's assassination last weekend, and then drastically revised over the next three days; judging from the trading volume for the next three days, NDX and SPX were both large trading volumes, while RUT was relatively small. The rotation was further confirmed here; BTC-related, biotech, housing construction, finance and other fields gradually showed strength, and money continued to work in an orderly manner during the summer.
Weekly chart:
NDX has been corrected to around the 10-week line, and SPX is back below the channel pressure line, all with large trading volumes and incremental volumes; although the RUT is not looking good, given the excessive crazy gains of the previous few days and is in the early stages of breaking through after two years of consolidation, there is no need to worry too much about this candle pattern.
Personal breadth records:
The trend of healthy breadth is still very much maintained...

In a week of significant fluctuations, VIX's real volatility reached a new high since the bank crash in March 2023. Based on the experience of the past year and a half, I decided to delay making decisions on some individual stocks. I need to see the stock's performance when the actual volatility stabilizes (at least 3 days) to make a decision.
This week's deals 👇
Reduction/Clearance:
$First Solar(FSLR.US)$ (-0.36%) A normal stop-loss exit, a breakthrough after a pullback, and no trading volume support. Future decisions on similar trades need to be made earlier and more decisive, so that losses can be avoided/reduced, and account losses of 0.36% can be avoided.
$TG Therapeutics(TGTX.US)$ The stock price has risen 30% since the purchase point, and selling 20% of the original position protects profits and increases the fault tolerance rate in the future.
$Royal Caribbean(RCL.US)$ (+1.24%) Touched the upper edge of the channel upward again this week, so it was decided to sell the remaining half of the position and leave the market. It has been holding for a long time. The return is more than 4 times the original risk, and the account profit is 1.24%.
$Amazon(AMZN.US)$ (-0.2%) Normal stop-loss exit. In fact, a signal was given on the penultimate sixth day before the exit. It broke through the tight flag in the case of a large trading volume. I was still living in a fantasy and turned a blind eye 😅, and my account lost 0.2%.
$Hims & Hers Health(HIMS.US)$ (-0.3%) and F...

Last week in review 👉🏻Market Review+Position Analysis (01/07-05/07 2024)
A major incident occurred today (Sunday). Former 🇺🇸 President Trump was shot by a sniper. Almost GG. Let's see how the capital market interprets the impact of this incident next week 👇
A quick review of this week's markets:
$NASDAQ 100 Index(.NDX.US)$ Funding is attracted on Monday, disagreements on Tuesday, and distributed on Thursday;
$S&P 500 Index(.SPX.US)$ Disagreements on Monday and Tuesday, distributed on Thursday;
$Russell 2000 Index(.RUT.US)$ We attract funds every week, three days a week, and four days.
RUT>SPX>NDX.
There was an obvious large-scale transfer of capital on Thursday. Judging from the results, fund managers quickly deleveraged large stocks and quickly established positions in small and medium-sized stocks at the same time. The market breadth reached a major inflection point on Thursday and Friday. If this market continues and RUT forms a higher consolidation range during the fall (September/October) market consolidation, it will open a gold trading window for traders.
Weekly chart:
NDX and SPX can accept a slight downward adjustment in the future, and sideways trading will be a stronger symbol; the RUT closing price has broken out of the consolidation range of more than 2 years, and now it is necessary to continue the current upward strength to prove the effectiveness of the start of the market.
Market sentiment:
Before opening on Thursday...

There were a lot of trades this week, but let's take a look at my recent personal record on market breadth, which records the daily number of stocks with prices above 50MA and 200MA stocks on the market and stocks priced at the same time below 50MA and 200MA; this numerical record showed clear positive changes this Thursday and Friday, and it would be significant if it could maintain this state for 3-6 weeks in the future.
Back to stocks
Reduction/Clearance:
$Western Digital(WDC.US)$ (+0.13%) It was the first to clear this “fuel tank” on Monday, that is, it had no good performance or great potential. It was resolutely removed, cash was withdrawn, and the account made a profit of 0.13%.
$iShares Bitcoin Trust(IBIT.US)$ (-0.1%) This attempt at the 2B structure was shaken out due to the stop-loss setting too close, and the account lost 0.1%.
$Kaspi.kz(KSPI.US)$ (+0.01%) It raised its stop loss on Monday and fluctuated out on Tuesday. Its lack of liquidity was a major factor in not wanting to continue entangling, and it almost left the market in break-even balance.
$Crocs(CROX.US)$ (-0.17%) The stop loss line was raised on Monday, and the stop loss was out on Tuesday, getting rid of another “fuel bottle”, and the account lost 0.17%
$Shift4 Payments(FOUR.US)$ (-0...

Last week in review 👉🏻Market Review+Position Analysis (24/06-28/06 2024)
A quick look at this week's markets:
$NASDAQ 100 Index(.NDX.US)$ Attracting funds on Friday;
$S&P 500 Index(.SPX.US)$ Attracting funds on Friday;
$Russell 2000 Index(.RUT.US)$ Dispatched on Fridays.
NDX>SPX>RUT.
Although NDX and SPX seem very high at the moment, don't take it for granted to be bearish on the market for the following reasons 👇
MSFT and APPL are indeed overextended, and a sideways or minor correction is possible; NVDA currently has a chance of moving to the next level on a small new platform; AMZN and META have just shown strength to break through record highs; GOOG and NFLX are still moving up the first level; AMD has just broken through from the bull flag of status...
RUT currently has an extremely tight structure, and I am still optimistic that there is a chance that it will break through before interest rates are cut.
Weekly chart:
NDX and SPX are being tested at the edge of the limit and are even breaking the limit. There is a chance that this situation will continue for a few weeks until it tells us it doesn't work; the RUT is still tightly attached to 30MA and appears to be waiting for a catalyst.
Market sentiment:
This Wednesday's data showed that the ratio of watching bulls and watching bears decreased slightly at the same time, showing that market participants are looking in both directions...