How Tariffs Will Impact The U.S. Economy - Dropped on March 11th. Important podcast: open.spotify.com/episode/1KGNwH…

“If you can keep your head when all about you are losing theirs … If you can wait and not be tired by waiting … If you can think — and not make thoughts your aim … If you can trust yourself when all men doubt you … Yours is the Earth and everything that’s in it.” #if

$TTAN - Daily Chart - After exhaustive screening during weekends & setting alerts, “if” recent Price Action stock looks strong I place a “buy stop order” at the point where it touches downward trending slope line. Once trade has been executed I place a stop loss at 3% of entry

$LOAR - Break above downward sloping trend line.

$PLTR - Break above downward sloping trend line.

⁦David Saito-Chung⁩ My friends and I are currently getting ready to nourish ourselves with a fiesta size Aurelio’s pizza in Homewood, IL. Note who visited last August . . . . Perhaps he will say a “special prayer” for your Cleveland Cavaliers. Do you believe in miracles?

$PEN Daily Chart - How 2 identify a stock in trouble: 1) Note the RS Line breaking down. 2) stock +2.98% on 5/9, but it was a distribution day - note Wide price bar (38% Closing Range). 5/10 attempted rally fails. 5/14 tests 21-day and pulls back 2 double-bottom entry. Sell time.

$BROS - Daily Chart - While the Market is acting well it still is not allowing for entry errors related to problematic charts. Deep Cup. Wide & Loose left side. This “tape” feels like Institutions are selling into strength. Could not rally after last 2 quarterly earnings.

$SE - Daily Chart - This has formed (another) “Shelf.” I’m monitoring its Price Action and Volume closely. If it breaks into new highs with volume I will initiate a position. The overall Market Direction will determine whether it will be a “Swing Trade” or “Long Position.”

$SPOT - Daily Chart - One way into a stock is to look for a “Failed Break Down (FBD).” Note arrows A and B, which denotes FBD days. The market’s goal is to wear/scare you out. During these days, wait for an “Upside Reversal” with a Price whose Daily True Range is at least 38%.

Join me on June 6th when I'll dive into the world of stocks with the awesome IBD Live team! I'm spotlighting three liquid, high revenue growth stock leaders —one a hot recent IPO and two that have soared within the last 5 years. Be the first to guess all three correctly in the

Have you noticed the number of quality stocks offering a “potential” add on opportunity? $MCK $PODD $SCHW $UTES ⁦David Saito-Chung⁩ investors.com/how-to-invest/…

$META - Daily Chart - Nice break above a downward sloping trend line. Volume a little light, but Price Action so far, so good.

$LNG - Daily Chart - Another break above a downward sloping trend line. Strong Volume. Made a +88% gain in 2021 and +196% over 24 months in 21/22.

$EAT - Daily Chart - Not a perfect stock, but has a chance to be a successful trade. 12% of shares in float have been shorted. “If” itcontinues an upward ascent, shorts will be forced to cover their positions increasing demand and potentially accelerating price.

⁦Mike Webster⁩ A friend shared this picture yesterday, while attending Chicago’s Blues Festival in Chicago. I immediately thought of you. This is such a beautiful 2024 picture of Buddy Guy. Enjoy my friend!

Please join me in giving a HUGE congratulations to IBD’s own Lexy Garcia for winning an LA Press Club award for her outstanding video feature — very well deserved!👏 IBD_Alexis Investors.com

Sunrise in Chicago this morning. Yes, it’s beautiful. But, this morning’s question is ‘will $IBIT’s breakout be as beautiful?” Tuesday was a “classic” setup day with its tight trading and finishing the day “fairly” close to the top of its range. Yesterday’s action was strong.

This is a must watch every Friday morning. Earnings Season Kicks Off. Will Tariffs And AI Continue To Dominate The ... youtu.be/WacCpPGn4Ho?si… via YouTube

The process of doing the work & giving me an inner resource, a place 2 reach back in my mind for something tucked away in the recesses of the gray matter. It has helped me make wiser decisions. Trading In real time requires immediate decisions. It’s attack or retreat. #trader