Discover and read the best of Twitter Threads about #RelativeWeakness

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In markets, there is always something worth mentioning.

Even on slow days like today.

👇
Under the radar📡:

1. Relative strength : $KRE, $XLV, $XLU, $JETS
#relativestrength

2. Relative weakness: $QQQ, $AAPL, $FXI, $CL_F, $NG_F, $ATVI
#relativeweakness
Relative strength notes 🟢:

1. $KRE - finally closing above sma200d.

2. $XLV, $XLU - defensive sectors bid for another day. $XLU stalled at sma200d. Ripe for some mean reversion?

3. $JETS - strong but paused at sma200d too. $BA sees no retracement after 50% up in 2m
Read 6 tweets
Hope everyone feels loved and grateful the following days.

Before we all get the rest we deserve,

Here is what happened today 👇
Under the radar📡:

1. Relative strength : $TLT, $TSLA, $IGV, $ARKK, $JETS, $XLU
#relativestrength

2. Relative weakness: $CL_F, $KRE, $IWM
#relativeweakness
Relative strength notes 🟢:

1. $TLT - the savage pullback in long-term rates continues

2. $TSLA - finally lifted from the dead. Took $ARKK and the speculative software names $IGV with it

3. $JETS - doing well today

4. $XLU - best defensive sector today. Closed @ sma100d
Read 6 tweets
Slow and steady wins the race is not a phrase coined to explain the market but definitely fits well with what has been going on the last couple of days.

In case you have been busy procrastinating and in need of a summary,

this is what happened today👇
Under the radar📡:

1. Relative strength : $XME, $XLE, $XRT, $XLB
#relativestrength

2. Relative weakness: $JETS, $ARKK, $TSLA, $AMZN, $ITA, $DIS
#relativeweakness
Relative strength notes 🟢:

1. $XME, $XLB, $XLE - classic bidding in real economy stocks

2. $XRT - continues with the overnight gaps. $DKS, $AEO, $BBY had monster earnings reactions, whereas $DLTR sucked.
Read 6 tweets
A typical day of a trader:

Soon after the open - gotta short $XLE, gravitational pull finally. Crap, entry is gone, missed this one.

1h later, Saudi news out - quick, gotta get long $CL_F. Entry? Does not matter, load it up.

Flexability is everything.

Today 👇
Under the radar📡:

1. Relative strength : $DIS, $XLP, $XLU, $XME, $NUE
#relativestrength

2. Relative weakness: $XLE, $XOP, $XES, $HG_F, $EL, $COTY, $TSLA, $AMZN, $GOOG, $V, $MA
#relativeweakness
Relative strength notes 🟢:

1. $DIS - CEO change making investors hopeful. Selling the whole day though.

2. $XME, $NUE - $XME got a nice bid right after the Saudi news and finished on the highs at sma200d. $NUE with a nice BO.

3. $XLP, $XLU - defensives with inflows again
Read 6 tweets
Made a killing on & puts, hammered & locked in , and gave back all gains on that HOD reclaim for a loss.

also took a small loss on 365 puts earlier that im already making back with some 370 and 367.5 strikes.

im LOVING this market !!!
that 3.90 stop out looking real good huh? Got the F**k out once it reclaimed ebony ivory & held above. this is why i have so much conviction in my process. i am NOT afraid to take losses. i dont give a shit about win rate. ALL about MASSIVE winners relative to small losers. Image
at highs

at highs

playing catchup

meanwhile at lows..

IM NOT SELLING THESE FUCKING PUTS !!!

#relativeweakness
Read 4 tweets
All out gift of the day. nailed 2.51 avg at the open, covered first chunk at 2, hammered back at 2.20 stuff, then took rest of gains off into that last cunty push.

ADF score 2.0 still flags it as a SICK short so will revisit later.

Now back to stalking
time to make another fucking baby. risking part of morning gains so zero risk on this second short. now this is where it gets fun

#WeAreMjolnir
I was actually long bias on this morning, waiting for a flag above HOD to load up on the 280 Calls. never came so no trade, but boy i would've been BAGGED if i hadnt waited for the entry signal. If you nailed the puts on this one congrats, bc i sure as hell didnt
Read 12 tweets

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