Michael Walstedt, CFA Profile picture
Nov 30, 2022 β€’ 108 tweets β€’ 30 min read β€’ Read on X
Below is a MEGA thread containing the 100 greatest winners from 1880-2009 πŸ“ˆ

LIKE πŸ‘ & RETWEET πŸ”„ to spread the wealth of knowledgeπŸ’Έ

Charts are sourced from none other than the GOAT William O'Neil's "How to Make Money in Stocks"

But first, why do these charts matter?

πŸ‘‡
They go back to 1880. This shows the timeless principles that we are using here. It is the law of supply and demand. These patterns work because they are the effect of institutional demand, not the cause.

This strategy is RESILIENT
If your goal is to identify stocks with big potential, you need to know what will drive prices up. Institutional demand is what moves prices. They are are the biggest buyers (and sellers) in the market. They want growth in earnings, sales and margins.
As WON says

"It is the unique combination of your finding stocks with big increases in sales, earnings and ROE + strong chart patterns revealing institutional buying that together will materially improve your stock selection and timing. The best pros use charts"

Now, LET'S GO!
Richmond & Danville – 1885

Increased 257% in 70 weeks
Tennessee Coal – 1898

Increased 265% in 39 weeks
Northern Pacific – 1900

Increased 1,181% in 29 weeks
Bethlehem Steel – 1914

Increased 1,479% in 99 weeks
General Motors – 1915

Increased 471% in 39 weeks
S.S. Kresge – 1923

Increased 836% in 154 weeks
Utah Securities – 1924

Increased 538% in 63 weeks
Du Pont de Nemours – 1925

Increased 1,074% in 225 weeks
Burroughs Adding Machines – 1926

Increased 1,992% in 168 weeks
Intl. Business Machines – 1926

Increased 400% in 161 weeks
Wright Aeronautical – 1927

Increased 464% in 76 weeks
Radio Corp of America – 1927

Increased 739% in 74 weeks
Minneapolis-Honeywell Regulator – 1933

Increased 987% in 170 weeks
Coca-Cola – 1934

Increased 565% in 165 weeks
Deere & Co – 1935

Increased 307% in 104 weeks
Schenley Distilling – 1943

Increased 1,164% in 185 weeks
CondΓ© Nast Publications – 1944

Increased 514% in 101 weeks
Gimbel Bros. – 1944

Increased 674% in 103 weeks
Outboard Marine – 1954

Increased 720% in 177 weeks
Kaiser Aluminum – 1954

Increased 379% in 93 weeks
Thiokol Chemical – 1957

Increased 860% in 109 weeks
Brunswick – 1958

Increased 1,500% in 162 weeks
Zenith Radio – 1958

Increased 493% in 66 weeks
Texas Instruments – 1958

Increased 772% in 116 weeks
Universal Controls – 1958

Increased 645% in 51 weeks
Xerox – 1958

Increased 1,201% in 188 weeks
American Photocopy Equip. – 1958

Increased 696% in 133 weeks
Fairchild Camera & Instrument – 1959

Increased 582% in 73 weeks
Chrysler – 1962

Increased 251% in 51 weeks
National Airlines – 1962

Increased 1,004% in 179 weeks
Northwest Airlines – 1962

Increased 1,240% in 186 weeks
Xerox – 1963

Increased 660% in 168 weeks
Syntex – 1963

Increased 451% in 25 weeks
Rollins – 1964

Increased 254% in 36 weeks
Simmonds Precision – 1965

Increased 672% in 38 weeks
Monogram Industries – 1966

Increased 891% in 57 weeks
Digital Equipment – 1967

Increased 743% in 156 weeks
Loews – 1967

Increased 1,025% in 101 weeks
Mattel – 1967

Increased 441% in 66 weeks
Skyline – 1967

Increased 715% in 98 weeks
Redman Industries – 1968

Increased 683% in 49 weeks
Levitz Furniture – 1970

Increased 608% in 87 weeks
Rite Aid – 1970

Increased 421% in 71 weeks
McDonalds – 1970

Increased 422% in 108 weeks
Sambos Restaurants – 1971

Increased 458% in 104 weeks
Sea Containers – 1976

Increased 448% in 59 weeks
Flightsafety Intl. – 1977

Increased 958% in 195 weeks
Wang Labs – 1978

Increased 1,348% in 139 weeks
Resorts International – 1978

Increased 630% in 24 weeks
Texas Oil & Gas – 1978

Increased 529% in 101 weeks
Global Marine – 1979

Increased 752% in 94 weeks
Pic ’N’ Save – 1979

Increased 546% in 206 weeks
Wal-Mart – 1980

Increased 882% in 158 weeks
The Limited – 1982

Increased 673% in 71 weeks
Home Depot – 1982

Increased 892% in 64 weeks
Price Co – 1982

Increased 417% in 60 weeks
Stop & Shop – 1982

Increased 536% in 74 weeks
Digital Switch – 1982

Increased 843% in 46 weeks
Pulte Home – 1982

Increased 733% in 47 weeks
Liz Claiborne – 1982

Increased 211% in 43 weeks
Franklin Resources – 1984

Increased 811% in 78 weeks
Microsoft – 1986

Increased 272% in 30 weeks
Adobe Systems – 1986

Increased 307% in 23 weeks
Costco Wholesale – 1988

Increased 712% in 163 weeks
Microsoft – 1989

Increased 517% in 121 weeks
American Power Conversion – 1990

Increased 745% in 96 weeks
Amgen – 1990

Increased 681% in 96 weeks
United States Surgical – 1990

Increased 786% in 93 weeks
Healthcare Compare – 1990

Increased 540% in 61 weeks
Cisco Systems – 1990

Increased 1,602% in 169 weeks
Newbridge Networks – 1992

Increased 699% in 49 weeks
E M C – 1992

Increased 471% in 56 weeks
Gartner Group – 1994

Increased 667% in 98 weeks
Peoplesoft – 1994

Increased 1,145% in 129 weeks
Alliance Semiconductor – 1994

Increased 539% in 47 weeks
America Online – 1994

Increased 570% in 75 weeks
Ascend Communications – 1994

Increased 1,384% in 75 weeks
Accustaff – 1995

Increased 1,359% in 68 weeks
J L G Industries – 1995

Increased 670% in 53 weeks
Dell Computer – 1996

Increased 587% in 61 weeks
Yahoo! – 1997

Increased 6,723% in 130 weeks
Charles Schwab – 1998

Increased 409% in 26 weeks
America Online – 1998

Increased 451% in 23 weeks
J D S Uniphase – 1998

Increased 1,946% in 66 weeks
Qualcomm – 1999

Increased 2,091% in 45 weeks
Taro Pharmaceutical – 2000

Increased 382% in 39 weeks
eBay – 2002

Increased 282% in 115%
Deckers Outdoor – 2003

Increased 766% in 88 weeks
T A S E R Intl. – 2003

Increased 2,228% in 39 weeks
Apple – 2004

Increased 1,418% in 199 weeks
Southwestern Energy – 2004

Increased 556% in 83 weeks
C B Richard Ellis – 2004

Increased 538% in 149 weeks
Google – 2004

Increased 536% in 164 weeks
Hansen Natural – 2004

Increased 1,219% in 86 weeks
Titanium Metals – 2005

Increased 764% in 49 weeks
Precision Castparts – 2005

Increased 259% in 115 weeks
Intuitive Surgical – 2005

Increased 418% in 123 weeks
Priceline.com – 2006

Increased 320% in 85 weeks
First Solar – 2007

Increased 807% in 47 weeks
Mosaic – 2007

Increased 265% in 40 weeks
$STUDY these charts endlessly

They are the key to developing an experts edge in the market

If you enjoyed this thread, like and retweet the first tweet in this thread (if you can find it 🀣)

And consider purchasing my model book πŸ’Έ

michaelwalstedt.gumroad.com/l/modelbook
My trading pursuit is inspired by many

@markminervini
@MarkRitchie_II
@HonuMgmt
@RichardMoglen
@RoyLMattox
@RyanPierpont
@dryan310

and many more!
$SPY $QQQ $IWM $AAPL $TSLA $FSLR $ENPH $TLT $WMT $TGT $AMZN $BTC $ETH $CELH $MSFT $AMD $COIN $NVDA $COST $QCOM $EBAY $META $GOOGL $RBLX #fed #inflation #pivot #FOMC #rates #trading #daytrading #HTMMIS #VCP

END THREAD

β€’ β€’ β€’

Missing some Tweet in this thread? You can try to force a refresh
γ€€

Keep Current with Michael Walstedt, CFA

Michael Walstedt, CFA Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @MichaelWalstedt

Dec 15, 2022
Despite a tough year for just about everyone, there were still stocks with excellent performanceπŸ“ˆ

Below is a thread on the biggest winners of 2022 and what we can learn from them ✍️

LIKEπŸ‘& RETWEETπŸ” to share the wealth πŸ’Έ

NOW LET'S LEARN!πŸ”₯

πŸ‘‡
$AMR is first on the docket

Key lesson: Your goal has a trader is to capture Ξ±lphΞ± πŸ“ˆ Image
$OXY is next

Key lesson: Position yourself in leaders that are breaking out of bases - the first to go are the best πŸ”₯ Image
Read 19 tweets
Dec 8, 2022
The passing of @mardermarket is devastating news

He was an elite trader who always brought unbiased and methodical analysis to the #fintwit community

Here are 25 important lessons he taught me, strictly through his tweets, in his honor

May his legacy live on forever πŸ™
1. To be a great trader, you must be open-minded and flexible when new technical information emerges. Throw your opinions out the window.

2. Breakouts will continue to work most of the time in a bull market because human emotions don't change.
3. Accumulation and distribution are clearer and more meaningful on a weekly than on a daily.

4. For the vast majority of traders, the most profitable method is to ride a trend. Once you are profitable doing this, you will forget about trying to pick tops and bottoms.
Read 14 tweets
Dec 7, 2022
With solar names like $ENPH & $FSLR not looking great, who will be leaders of the next bull market?

One group in particular has been showing ALL the signs of leaders

I'll dive into this group in the thread below

πŸ‘‡
As @markminervini notes in his book, Trade Like a Stock Market Wizard, superperformance stocks very often come from 1 of 4 groups, and it seems like the potential leaders of the next bull market will be consistent with that model:

Drugs/medical/biotech $XBI $XPH

Why this group?
See the breakdown of the 99 RS names according to @MarketSmith below as of about 2 PM EST today

Over 1/3 of the top percentile of stocks in the market are in the biotech group (!!).

This group is overflowing with potential key leaders for the next bull market... so which ones?
Read 12 tweets
Dec 6, 2022
$SPX (or $SPY) & $IWM are exceptionally weak at the moment

Working on a wedge breakdown

Not to mention $QQQ has BEEN weak this entire time ImageImageImage
$ARKK has seen nothing but selling this year. This hasn't even touched the 200D since the market decline began late in 2021. It is so weak, it rode the 20D & 50D moving averages all the way down.

And it looks like it is going lower from here... Image
Seeing some pivot leakage today

$ENPH $WING $AEHR $NBIX ImageImageImageImage
Read 6 tweets
Nov 27, 2022
Have you heard great traders say "listen to price action" and "gauge feedback from stocks"?

Below is a thread on I will use the current setup in $PCVX to gauge the quality of the market environment this week

πŸ‘‡
If you follow @markminervini's strategy, you know 1 of the 8 superperformance keys is "trade small before you trade big"

This means you should be trading small positions sizes until individual stocks are giving you the positive feedback that it may be time to take on more risk Image
Regardless of the size we are trading, we know we are playing with probabilities and not certainties, so we always want to have the probabilities stacked in our favor.

Minervini refers to this concept in his book using a poker analogy - "wait for premium hands" Image
Read 13 tweets
Jul 26, 2022
OVERHEAD SUPPLY 101

There is no hard and fast rule overhead supply. For something like $DRVN, the OS is many months back and wouldn't drastically affect price now. However, the odds of it at least pausing in the $30-34 level are decent because it isn't years away.
$GLNG is a good example of a setup that has a lot of OS to contend with that is close by. If this stock moves up through this base, the odds of it pausing out at least once is very high, because the supply is very close to current price action.
$CTIC is an example where overhead supply is very far away and would not necessarily have a huge impact on the current setup. Despite a big decline, the OS is years back.

KEY: The more time that passes, the more likely that previous supply has already come to mkt at some point.
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(