Larry Thompson, CMT CPA
@HostileCharts
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Research Driven Investor
Greenville, SC
Joined December 2017
When to change your opinion about the "Bull Market" | Thompson's Two Cents
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"A fool takes no pleasure in understanding, but only in expressing his opinion". Proverbs 18:2
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"Conversations shouldn't affect how you position a portfolio, the data should." @dlundgren3333
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I respect very few opinions more than @dlundgren3333 I would tune in.
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3 Month Performance It looks to me like tech is catching down to the rest of the market....not the rest of the market catching up to tech. $XLK $SMH $IGV $IYT $XLI $IAI $XHB
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Fun Fact - If you ONLY run new high scans, you will never see the stocks that are going down.
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3 $SPY Sectors with over 50% components above their 50 day moving averages. $XLV - Healthcare $XLE - Energy $XLU - Utilities Classic offensive leadership.
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Jay Z put it best. “Sorry, mama, I promised it wouldn’t change me. But I would’ve went insane had I remained the same me.” Checkout my latest note 👇 https://t.co/63b7q416q1
stockmarkettv.com
One of the strangest obsessions in our world is how we romanticize people who never change their opinion.It’s seen as noble, even heroic.You see it in politics all the time — “he’s consistent,” they...
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Be involved once it resolves. My quick two cents on how to play the chop around a key level.
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$RSP - A LOT of charts look like this right now. Breakout above Nov/December highs that are stalling and rolling over but a lot of potential support below. The risk was well defined to take a swing if we held those levels but below them it makes sense to go fishing.
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If you haven't seen "V For Vendetta", watch it today. If you have seen "V For Vendetta", watch it again today. "Remember, remember, the 5th of November"
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Update on my bonds calls......
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Confession never had lemon pepper wings. Am I missing out?!
@HostileCharts Lemon pepper wings!
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A lot of words with not a lot of charts/data. Also known as.....lying.
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