1) QUOTES | Larry Hite Wisdom:

“What makes this business so fabulous is that while you may not know what will happen tomorrow, you can have a very good idea what will happen over the long run”
2) “If you never bet your lifestyle, from a trading standpoint, nothing bad will ever happen to you”

Larry Hite
3) “If you know what the worst possible outcome is, it gives you tremendous freedom. The truth is that, while you can’t quantify reward, you can quantify risk”

Larry Hite
4) “You can lose money even on a good bet (trade). If the odds on a bet are 50/50 and the payoff is $2 versus a $1 risk, that is a good bet even if you lose”

Larry Hite
5) “It is incredible how rich you can get by not being perfect”

Larry Hite
6) “Anyone can sit down and devise a perfect system for the past”

Larry Hite
7) Who is Larry Hite?

Trend Follower

Hite's firm - Mint Investment Management Co. - was the first hedge fund to ever hit $1 billion in AUM. What's more, from 1981 to 1988 he was able to garner 30% average annual compounded returns. Today, his net worth sits around $100 million.

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More from @cperruna

7 Jan
THREAD | Chart Updates

1) $TDOC - $228.78, very nice weekly bounce off of the 200d ma, on above average volume this week.

The added buy at $184.70 on 12/16 working out nicely, +24%.

I own shares.
2) $ROKU - $379.29, new all time high closing but note that weekly volume has been decreasing lately. Holding.

I own shares.
Read 7 tweets
1 Jan
Stocks to Watch 2021 - Full Analysis Blog Thread


* = Stocks I own


Detailed analysis for each individual stock is within this thread, via screenshot from the blog
1) $TDOC - $199.96
2) $PINS - $65.90
Read 20 tweets
31 Dec 20
I have compiled what I believe to be the strongest trends into 11 groups containing a list of 30 stocks.

I'm working to narrow to 15 names for Stocks to Watch 2021:

Edge & Cloud
Digital Ads
Tech Utilities
I will show all 30 stocks and then detail the individual analysis for the 15 I select, as I have in past years.

I am going heavy on strong brands, with emphasis on tech (again).

I tried to keep the carry-overs minimal with only two names from the 2020 list.
As always, it's a "trends" analysis list, not a list recommending buys, sells or holds.

Everyone must make buy, sell or hold decisions on their own.
Read 4 tweets
30 Dec 20


Leaders offering or about to offer interesting setups (to grab shares).

Some 2021 names or new portfolio adds...?
1) $ZM - $353.75, a three month base trading between the 50d and 200d ma. Support near the 200d is ideal (bottom of base?). I own shares

Chart via @MarketSmith
2) $TDOC - $198.98, the 50d and 200d ma’s are converging in a 6 month sideways pattern for price. Once a stock folks said would not visit the 200d, but here we are. Institutional funds love the stock. I own shares

Chart via @MarketSmith
Read 22 tweets
29 Dec 20
A store of value is defined as "anything" that retains purchasing power into the future.

Has "anything" retained and increased more in value since the day #Bitcoin arrived or most measurable periods since...?

It "IS" a store of value.
The most amazing observation I have made recently is that those that don't believe in Bitcoin discount or minimize everything it has accomplished in terms of price, performance, adoption & acceptance.

I respect one not believing...

But to ignore the facts to date...?
Read 4 tweets
27 Dec 20
THREAD | Sunday Morning Quote Blast

Because why not... Image
Read 24 tweets

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