Discount The Obvious

Hey Everyone, Given how cautious I was last week, here's a quick refresher of where small caps $IWM were trading then. I wrote about how concerned I was about price tagging the lower level of this flag, whereas in the past it immediately bounced off of this level. Well, let's take a look at what happened this week. Price hit that level again Monday, closed up, … [Read more...] about Weekly Update – December 10th, 2021

Hey Everyone, Before getting in to the week, I should share that I am far more cautious about the market compared to where I was earlier this month. You can see why looking at the Russell 2000 ETF $IWM. Notice how price has bounced off of the bottom of this pattern for 3 sessions in a row. Going back since March, price typically would tag this level, and quickly … [Read more...] about Weekly Update – December 3rd, 2021

Hey Everyone, Apologies for how late this is coming. I spent the weekend revamping my Market Trends section, which now includes short term, medium term, and long term trends in addition to the "trend model" I already had. These trends have also been added to my current portfolio section as well. Hopefully this helps you see the bigger picture with my holdings, along with … [Read more...] about Weekly Update – November 26th, 2021

Hey Everyone, I hope you had a great week, let's get into it. Portfolio & Market Updates Saying that the selloff on most of my holdings accelerated this week is an understatement, as my portfolio was down 26%, which was below the S&P 500 (+0.3%), and Nasdaq 100 (+2.3%). There has been an incredible amount of selling in my largest holdings, namely Fubo, … [Read more...] about Weekly Update – November 19th, 2021

Hey Everyone, I hope you had a great week, let's get into it. Portfolio & Market Updates My portfolio was down 4% this week, which was below the S&P 500 (-0.3%), and Nasdaq 100 (-1.0%). As you can see, though, the week started with a bang as my portfolio was up ~15% when the market opened. But then, Fubo and Palantir were devastated after big beats and … [Read more...] about Weekly Update – November 12th, 2021