S&P broke out of an extremely tight shelf in after market trading today. Still very bullish. Almostโ€ฆ โ€œzombieโ€ like.
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Issue #2 โ€” Sharpening your edge with data, getting startedListen now | An edge is an exploitable statistical advantage that you have over other market participants. How can you use data to sharpen that edge?
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Issue #1 โ€” Poking the Bear and Waking the PigToday, Iโ€™m reviving BVP. Not just into yet another podcast, but a resource for stock traders which will be centered around one simple goal. Cut the fatโ€ฆ
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I loaded up on technical longs and took profits into the strength. God, it felt good, itโ€™s been some time since markets had a power move.
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Overall, Iโ€™m long, looking to load up on my technical long setups if we get seller weakness. VIX needs to stay sub 20, and SPY needs to hold above 400 โ€ฆ
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๐Ÿ– And in the pig scenario, we gap up into or over 400 on SPY, and QQQ doesnโ€™t look back. FOMO central.
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Technical setups now too, not just a list of tickers. Sideways Shuffle in Markets, Watchlist Review, Select TA Setups.
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Overall for my aggressive swing style, these markets are still too weak and range bound to expect much follow through to the long-side.
@delthetrader
What a week for the markets with SPY continuing to gain strength against the relatively weaker tech sector. QQQ still fumbling for itโ€™s breakout. In thโ€ฆ
@delthetrader
An edge is an exploitable statistical advantage that you have over other market participants. How can you use data to sharpen that edge?
@delthetrader
Today initially threatened to be a big red day for the markets. We saw a relatively large sell off in overnight futures followed by a gap down morning โ€ฆ
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Bringing back Bear vs Pig as a newsletter and podcast.
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