Renaissance Stock Trader I'm nothing without all the books read, mentors followed and experiences earned. My rebirth of classic and modern trading strategies.

$AC For the past few months, we've been looking at the oversold issues like $SECB $LTG $MBT $MPI but if the index really wants to break, big caps like $AC and $SM should trigger it. Test buy Entry @ current price Cut @ 920 Target @ 1020

$MRSGI ✓ Insider Buying ✓ Break of 20-day EMA ✓ Cheap at 7B market cap: 2.2 B cash and 7.75x P/E Entry @ current price Cut at 1.9 Target at 2.45 and 3.00

Countertrend rally on oil? $USO ✓ ADX 60+ ✓ Quiet histogram Entry: 11.10 Cut: 10.50

"Trading should stay a place to make money find your validation else where. " newtraderu.com/2018/11/29/why…

$DJIA 2yrs The bigger picture: downtrend trading. Short on rallies.

Only 12 basis points (< 1 hike) priced into next year's rate increase w/ market increasingly convinced Fed will cut rates in 2020 as economy slows (((The Daily Shot)))

On the $PSEi Currently on duration testing for the reversal. The big W?

Oops

Ladies and gentlemen, Merry Christmas! 🎄

Good morning!

So as best I can tell this morning we now have: - A pandemic crisis - A supply chain crisis - A demand crisis - A labor market crisis - An equity market crisis - An oil price crisis - A brewing bond market crisis - A developing currency crisis - A potential housing market crisis

Buffett and Munger right now sitting on $100b+ in cash waiting for that first phone call

Everyone is trying to nail the bottom of this "once is a lifetime" buying opportunity. First of all, it's not a once in a lifetime opportunity. Second, picking the bottom isn't the opportunity. The bull market that follows is the opportunity. And there's plenty of time for that.

IPO Alert! AllDay Marts finalizes its IPO price at Php 0.60 per share under the ticker "ALLDY". Offer period runs from October 18 to 25 and is expected to debut on November 3.