1) I have been looking into 2 stocks that are grabbing attention recently due to their moves in industries that have established high flyers, such as $ROKU $NFLX & $TSLA

One operates in the TV streaming platform market while the other supplies the Electric Vehicle market.
2) $FUBO - $26.47, fuboTV Inc. operates a live TV streaming platform for live sports events, news and entertainment content in Europe & the United States.

$FUBO sold shares in its IPO on 10/7/20 at $10

2019 Revenue: $146.5MM, +96% YoY
Net loss was $129.3MM

Chart @MarketSmith
3) $FUBO draft write-up...

I do NOT own shares as of this writing but I am considering putting on an initial position to get skin in the game. The stock has pulled back 19% the past 4 days from an intraday high of $32.73....
4) $QS - $62.20, QuantumScape Corporation engages in the development of solid-state lithium-metal batteries for use in electric vehicles.

QuantumScape IPO’d on 11/27/20 and rose roughly 50% the 1st day of trading.

Chart @MarketSmith
5) $QS expects that the proceeds from the transaction will keep the company afloat until mass production begins which is anticipated for the 2nd half of 2024.

I prefer to see “SALES” QoQ prior to investing but will occasionally make an exception. I do NOT own shares today.

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More from @cperruna

29 Oct
1) THREAD | Stock Market Patience:

It’s what we all struggle with when it comes to investing.

Twitter is a haven for activity, lots of traders w/ action that is easy to get caught up in.

We all do at times.

Patience is what we are mentally trying to learn, fighting to grasp!
2) Conviction in our analysis & stock purchases is critical to success.

Position sizing will allow you to sit patiently through the inevitable pullbacks.

EVERY great stock pulls-back with a sizable drawdown on multiple occasions. Learn to deal with it. Don't get shaken out.
3) It seems as if everyone heads for the doorway at the first sign of trouble. No one has the conviction or patience to stay put on fintwit.

Activity, followers, activity, being right, trolls, not being wrong, selling subs, etc…

Forget that garbage! It's noise.
Read 7 tweets
17 Oct
THREAD | 10 Steps to Profitable Trading

The secret to winning big in the market is not to be right all the time but to lose the least amount of money possible when you are wrong.

As long as you win larger than you lose, you will be a profitable trader at the end of each year.
1) Manage Risk:

Learn to trade a manageable portion of your portfolio (only you can determine this number or percentage, it differs for every person).

Always establish a risk/reward ratio before making a trade or investment. Without the ratio, how do you know your risk?
2) Understand Position Sizing:

All traders must learn to know “how much” to trade on each position. Do not overtrade or you will run the risk of ruin. NEVER run the risk of ruin!

Position sizing is rule number one of managing risk.
Read 11 tweets
8 Aug
1) Thread: 6 Stocks showing a Shooting Star pattern this week.

$SE $CHWY $YETI $PINS $FVRR $GSX

Pullback warning - perhaps!

Japanese Candlestick Charting Techniques: A Contemporary Guide to the Ancient Investment Techniques of the Far East, 2nd Edition by Steve Nison
2) $SE - $129.00, shooting star pattern this week, down 12.2% from 52 week high at $146.99 but above the 50d and 200d ma's.

I'm looking to grab shares on a healthy pullback to base of major moving average.

No position.
3) $CHWY - $54.91, shooting star pattern this week, down 7.4% from 52 week high at $59.30 but above the 50d and 200d ma's.

One I am watching to grab on a base formation, perhaps near a major MA.

No position.
Read 7 tweets
28 May
1) Commented on a @markminervini thread at 2pm asking if it looked like leaders were starting to roll over again.

Gut urging me to lock in some profits.

Wider pullback coming...?

Take a look:

$TTD $MDB $LVGO $CRWD $OKTA $SE $ZM $SQ $STNE $ESTC $SHOP

2) $TTD - $298.17
Own shares
3) $MDB - $215.60
Own shares
Read 17 tweets
24 May
1 / Stock Market Quote Thread

20 Stock Market Quotes that are fitting for 2020 (and every other year for that matter).

“The obvious rarely happens, the unexpected constantly occurs.” – Jesse Livermore

The quote thread is inspired by 16 Market books:

chrisperruna.com/2015/12/30/16-…
2 / Stock Market Quote Thread

“A speculator is a man who observes the future, and acts before it occurs.” – Bernard Baruch
3 / Stock Market Quote Thread

“What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.” – William O’Neil
Read 20 tweets
27 Apr
1) $IWO is trending up with a new high back to March 11th, 5ema>10ema (it stopped right at the 50ema on Friday).

I'm holding 10 positions in growth account & will remain that way until I see red flags with price action.

$TTD
$LVGO
$AYX
$OKTA
$CRWD
$MDB
$TCEHY
$WORK
$ROKU
$SQ
2) $TTD - $256.63, up 49.68% since purchase on 3/17/20 at $171.45. I had my eye on this one for a while but didn't own so I took the opportunity to grab in the March slide.

Chart via @MarketSmith
3) $LVGO - $40.98, up 44.65% since purchase on 1/22/20 at $28.33. Was a stock to watch coming into the year so I grabbed back in January. I didn't get the low but happy with my position right now.

Chart via @MarketSmith
Read 14 tweets

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