Non-Correlating Stock Ideas

Countless co-credits. Often considered one of the best rhythm guitarists ever. Admired by so many other legends.

It amazes me how little attention the parallels between this and the levered baskets in the 1920's gets. They didn't call them ETF's, but they effectively were the exact same thing, and they used to be blamed for a significant part of the inflating and collapse of that stock market bubble.

They earned the NazCrap tag for a reason.

The good news: there is only 22% left to go.

$RHI has been starting to buck the inverse AI trade a bit. Showing signs of basing even on days like these when AI is strong. I think this use of EMA's is better for trades, but can still be useful to indicate a trend change might be underway. Waiting to see if the 8 can cross over the 21 day. 👀

I agree, and the unexpected thing is how it hasn't impacted everything else. That's very rare. I would expect that to end once the calendar shifts but we'll see.

$PLTR eating into that resistance on the 2% box size P&F chart. AI making the end of year mark push.

P&F on the traditional 50 pt trend still has the 30Y $TYX pointing down, but we've moved back up to that breakdown point where we'd expect to see resistance. Would still need another 200 bips to get this indicator to flip to higher rates.

I.e., Star Trek was right again.

The pause that refreshes?
$PLTR 2% box size chart reaching the breakdown resistance point.

YouTube video by Stiletto Alice's Restaurant - Original 1967 Recording

m.youtube.com/watch?v=m57g...
Happy Thanksgiving.
Traditional holiday music.

It's been over 4 years of sideways for profitable small-caps $SPSM. We just rallied up to the resistance zone after generating that Sell signal on the 2% box chart. Hard to be optimistic with this group until it proves itself.

We do get a different signal though if we use equal-weighted S&P. That's what I use for P&F arguably because historically that's a harder measure outside of now and late 90's. Both my developed and emerging relative signals favor international currently. Total Return basis $VEU / $RSP, $IEMG / $RSP

After listening to the last Rates & Barrels podcast, @dvr.bsky.social @enosarris.bsky.social, I think we need to get @iamtrevormay.bsky.social in there as the arbiter between MLB and MLBPA. I like that max # of years as an option.

This triple Sell signal on $NVDA on the 2% box chart starting to feel differently as the narrative out there changes as well. It's anecdotal, but concern that this could be another head fake like that September signal is dissipating.

I should have known Value would have a day like this soon. It was doing so well relatively that it got back to the last break point. $RLV / $RLG total return basis.

I think the disconnect between economic views of aggregate #'s and cyclical sentiment, can be summed up in the Transports 10Y chart. That's between 4-5 years of nothing, and it's not just one stinky stock like $UPS dragging down the rest. There's a whole lot of nothing in this group. No volumes.

I can't say I recall seeing a major index with a 200 day sma that's almost completely flat for as long as the S&P 400's is now. That's basically flat since February. Just think of the math it takes to do that with some sizable zig zags in there.

Thru-Hiking the Long Trail in Winter - Green Mountain Club This article previously appeared in the Winter 2019 Long Trail News. We GMC staff members have heard mention of winter end-to-end Long Trail attempts for years. We thought there had […]

This is a great read with lots of details for those who like to winter thru-hike. www.greenmountainclub.org/thru-hiking-...

Entering the Electricity Trading market. Hmm, what company does that remind me of? 🤔

I think I have some short covering in my long-book today. We'll see how short-term the bounces are. 😁

What you all need to do is go watch reruns of The Price Is Right, Bob Barker era. Then you'll see where the real deflation exists. Nothing like watching people guess what the price of a new range is, and seeing the actual retail price 50% more than today.

I'd love to see $ORCL get cut in half in less than 3 months, but its downside momentum might start slowing. 5Y weekly rsi(10).

I've been watching a lot of the documentary recently, and I think I dreamt last night that the red coats were AI and the revolutionaries were the 493.

$NVDA 2% box size Sell signal triggered, and loving the Value > Growth rally so far this morning.

If you're going to draw channels and use trend lines on a longer term chart, then it should be log. I just threw this regression channel on there, but draw your lines wherever you like. Just don't put up a 6 year chart with a massive gain in a linear format.

$BTC 3 day bar rsi(10) reaching rare territory for its history, but it's broken its LT uptrend line, and we've seen these periods before where it requires more work down here than a simple V bottom. I suspect a bounce, but more down to follow. 60-70K zone in the future feels likely to me.

I know everyone is watching 180 on $NVDA, but on the 2% box size P&F it's 177.20, and now after today's move adding another column of X's, it would be a triple Sell signal. 👀

Intermediate term type of indicator on the $NDX like the weekly rsi(10) suggests we're midfield.