Despite a tough year for just about everyone, there were still stocks with excellent performance📈

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

LIKE👍& RETWEET🔁 to share the wealth 💸

NOW LET'S LEARN!🔥

👇 $AMR is first on the docket

Key lesson: Your goal has a trader is to capture αlphα 📈

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 🙏 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.

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

👇 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?

$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 $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...

Below is a MEGA thread containing the 100 greatest winners from 1880-2009 📈

LIKE 👍 & RETWEET 🔄 to spread the wealth of knowledge💸

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?

👇 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

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

👇 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

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.

https://twitter.com/CValdeMontes/status/1551854757882609665

$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.