9/12/2023

TSLA a news pivot breakout

 News can lead to big breakouts, and often big breakouts start with some surprisingly good or bad news. TSLA is a good example of that yesterday. A big analyst upgrade by Morgan Stanley in pre-market acted as a catalyst for this move.



It also helped that TSLA had good consolidation when this news came in. The breakout was on significant volume, with over 174 million shares traded, and it was one of the highest volume days in months.

Tracking news can help you find big winners if you develop a systematic process to identify such opportunities in pre-market. A daily focus on news can help you find good trades. 

9/10/2023

Watchlist for the week starting September 11

Some stocks with momentum or recent earnings breakouts, consolidating and setting up for possible next leg.

CAT

JPM

ZS

RCL

PSTG

SGH

CLS

AFRM

CUK

CCL

MDB

TIGR

DBX

VRT

XP

APP

UPWK

MMYT

SG

CFLT

IOT

DLO

SPLK

PDD

MRVL

RXST

NET

GKOS

BILL

VRTX

VEEV

MELI

8/31/2023

Members feedback

 gravatarTimC10:14 AM Aug 31st 2023

Just wanted to give my thanks to @easyguru and everyone putting in hard work on the site. I've been trading for several years but I've learned more in the past 4 weeks than the last four years of doing it on my own. There is a staggering amount of value here. I honestly can't thank you enough.

My account grew 15.6% in August, and if we have similar or better conditions in September, I think I can do better.

8/10/2023

Las Vegas Bootcamp

 


By popular demand, the Stockbee Bootcamp for members is coming to Las Vegas in October. If you are a member, see details on the member's site.


7/12/2023

Earnings seasons opportunities DAKT and WDFC

 DAKT and WDFC are the kind of quick profit opportunities you can find in the earnings season.


Went up 38% today. Earnings news was released today morning. 



 Large earnings surprise. Good for an explosive move. 



Earnings beat estimates and it is not a widely followed stock.



Many such opportunities present themselves during earnings season. 

7/11/2023

What is your trading problem

 



Becoming a good Trader is a problem-solving task. 

When you are not making money you have some issues and identifying each of those issues and finding a solution can help you become a profitable Trader.

On the member site, we've been running since yesterday a series of Zoom meetings with Traders to discuss this project of improving your trading in 30 days.

When you look at this kind of idea, you'll see that you can find people's problems are of four types.

Setup Problems

Process problems

Situational Awareness Problem

Trader Problem


 Traders have problems because of a lot of prayers; they have found a setup found the process they know when to trade their setup, but they continuously fail to execute well because their personality profile is their personal problems interfere.

Trader problems are difficult to fix because they involve the person himself doing something which might be reflecting, which might be clearing your mind clarity which might be to create a  framework which might be to find an innovative creative solution to his problem.

This is something that you have to work on to make it profitable, and this is one of the struggles which every struggle Trader goes through.

7/10/2023

Earnings Episodic Pivots season is starting

 Every quarter the earnings season leads to a handful of companies. Surprising the markets big or disappointing the markets. These companies are rewarded by the market. Some make 50 to 300% or more moves in the next few months or quarters.

If you set up a way to systematically track earnings winners during this period, you can find such big winners.  Even if you miss the first-day move, many of these make big moves later after a brief pullback or consolidation.

Earnings or sales surprise is what is most important to find such moves. This works best on stocks where the market has very low expectations.

The tools required to find such earnings winners are free. What is important is to have a systematic daily process to find them. 

If you want to profit from such big moves you can study my previous posts on this blog about Episodic Pivots and Earnings.


6/04/2023

Members only bootcamp

 I am often asked when is the next BootCamp. Here are the dates for next BootCamp for Stockbee members. 


Date: June 23 - 25, 2023
Time: Fri—Sat, 9am to 8pm, SUN 9am to 1pm
Meals: Lunch and snacks
Venue: Stockbee Office 
Address: North Brunswick Township, NJ 08902

This boot camp is not for those who want a relaxed 3-day retreat where they will sit back and be entertained. Don't bother with it if you are not willing to kill yourself for 3 days. It is for those who want to actively learn and enhance their self-efficacy beliefs. You can ask previous participants about their experience.

 What a great experience! Attending an "in person" Bootcamp has been on my personal bucket list for a while and I would encourage everyone to attend one if possible. I was surprised at the number of multiple bootcampers in attendance and the distances some people traveled to attend. In person attendance just improves your Mind Clarity. I heard this same comment from several attendees.

After taking a few days to let everything sink in, I was pleasantly surprised by the simplicity of the message and how EG has taken his current swing methods to apply to longer term positions. I am excited to get this process going with less screen time and less trading.

EJ






Topics

  • Swing trading using momentum
  • Swing trading using catalyst or news
  • Setup selection and process
  • Developing SA skills
  • Improving your self-leadership skills in trading

5/25/2023

Develop mind clarity to become profitable

Why do some make it and some do not


Why do some make it and some do not.

"Learning would be exceedingly laborious, not to mention hazardous, if people had to rely solely on the effects of their own actions to inform them what to do. Fortunately, most human behavior is learned observationally through modeling: from observing others one forms an idea of how new behaviors are performed, and on later occasions this coded information serves as a guide for action."

-Albert Bandura, Social Learning Theory, 1977

The most important determinant of your success in trading or in your personal life is your self efficacy beliefs. 

People and families with high self efficacy beliefs build successful life and are happy. 

If you talk to successful traders and interacted with them on regular basis ( and many are members here), one of the most compelling reason why they are successful is they have high self efficacy beliefs.

Because of their high self efficacy beliefs they figured out profitable ways to trade. No one gave them a 1000 pages manual on trading or held their hands when they were taking baby steps in trading. They figured out things for themselves.

Almost every successful trader I know of has developed their unique style because the changed their self efficacy beliefs.

The days, the months , and the years they spent trying out different things and failing at it or losing money further enhanced their beliefs in their own capabilities. 

When you commit to certain thing and surround yourself with like minded people your self efficacy get enhanced. 

People's conceptions about themselves and the nature of things are developed and verified through four different processes: direct experience of the effects produced by their actions, vicarious experience of the effects produced by somebody else's actions, judgments voiced by others, and derivation of further knowledge from what they already know by using rules of inference. (Albert Bandura)

This you will find to be true in all walks of your life. If you surround yourself with highly motivated and high self efficacy belief holding people you will find your own belief in your own capabilities get enhanced. 

If you work in a group dedicated to enhancing self efficacy beliefs you will often be surprised at how much you can accomplish in short period of time. 

The most important determinant of your trading success will be your self efficacy beliefs. It might take some few days to understand that and some years. But once your self efficacy beliefs about trading change things start to happen.

Once that is in place your self talk will change to "hey I can do this", "hey I don't have all the answers but I am confident of finding the answers", "hey I know how to bounce back from setbacks" .

When you attempt trading some find early success and some find early setbacks. That experience sets your self efficacy beliefs. 

Some people give up believing markets are too difficult or manipulated or beyond my understanding . Their self efficacy beliefs dictate their behavior.

Self efficacy beliefs are task specific. In trading implication of that is your self efficacy beliefs are setup specific. that is why you will find a trader successful in one style or time frame can often struggle on another setup or style.

Once your self efficacy beliefs specific to trading a setup change you will start experiencing success. That does not mean you will not have setbacks. If you have high self efficacy you will find a method. If you don't have it, even the most profitable method will not work for you and you will keep finding faults with methods.

Self efficacy beliefs is the biggest determinant of your trading success. Unless you work on self efficacy you will find many inhibitors and will be constantly dissatisfied with any method, guides, videos, or instructions, or site. You will constantly chase new methods, new scans, new claims, new gurus, new newsletters, and so on.

Psychologist have found that self-efficacy beliefs help determine how much effort people will expend on an activity, how long they will persevere when confronting obstacles, and how resilient they will be in the face of adverse situations. The higher the sense of efficacy, the greater the effort, persistence, and resilience.

Profitable trading involves all these challenges. You need to put in lot of effort to understand and internalize key concepts like equity selection, entries, exits, risk, risk/reward and then put it all together. In the process you will have several setbacks and false starts. If you have enhanced self efficacy beliefs you will persist in face of such adversities. If you have high sense of self efficacy beliefs then you will spend time mastering trading software, and mastering trading setups and make them work. Absent that you will abandon your effort at first hint of failure.

The research on self efficacy belief shows that self efficacy beliefs can be quickly enhanced by vicariously experiencing others perform a task. This is very important thing to understand in group settings. If you find like minded group you can save years of experimentation and struggle by watching others do things successfully.

Everyday think of how you can enhance your trading related self efficacy beliefs. Surround yourself with people with high self efficacy beliefs. Cut ties with whiners and low self efficacy belief people. 

This works for trading as well as for personal and family life.

4/25/2023

Anticipation Watchlist

 

Anticipation watchlist for today

XP

DICE

ICPT

DRS

AEM

DV

AXSM

SAGE

HEAR

SLM

FTS

ROIV

TSEM

AMRK

JPM

ALKS

ISRG

LH

4/22/2023

Keep an eye on high short interest stocks

 Stocks with high short interest often make explosive short-term moves when they break out. Shorts scramble to cover, leading to big buying stampedes. 

EYPT is a recent example of one such stock



If you are looking for high short-interest stocks and have TC2000 you can download this list of around the top 250 stocks by the high short-interest which I compiled this week


https://www.tc2000.com/~AECNUo

4/20/2023

Two good breakouts from today

 MAXN and NOVA are two buyable good breakouts from today






Costco breaking out

 


COST was in anticipation list I posted earlier . Now it is having a breakout. Having an anticipation list allows you to profit from such setups by giving early entry. 

Casting a wider net for anticipation

 

When looking for anticipation setups, I am casting a wider net. Later in the morning, before open I reduce the list to just a handful of tickers to monitor. Sometimes keeping stock in the list while it is still setting up for breakout allows you to monitor it and enter as and when it starts to show signs of a breakout. 

Import list in Tc2000 using this link
https://www.tc2000.com/~yiCtCY


AXON

AXSM

COST

LIN

ANSS

JAKK

AMD

ENPH

XP

DEN

OMER

PKG

NVAX

GETY

TGH

SWBI

PG

ERX

INMD

AMRK

AUPH

MBI

GFAI

GSL

GNW

HCA

OVID

TECH

LH

SLGC

CHDN

HBIO

CHD

WCN

LOVE

FTS

EBIX

ACN

AMGN

ARLO

TRI

ARCT

ROL

MKC

DV

STNE

BKD

INZY

APP

SCLX

ARQT

ENSG

DNMR

BUR

CVAC

AVDL

SCYX

CRSR

ALKS

DTC

ABCM

SANA

FANG

VERX

TSEM

CASY

SBGI

WM

EHC

WOR

LLY

PXD

FDX

FICO

SWAV

4/19/2023

Earnings reactions can be explosive

 



UAL had an excellent high-volume move after earnings. Earnings can often lead to big moves. This stock had low expectations pre-earnings, so it reacted positively.

Anticipating a breakout allows you to enter early

 Creating a watchlist of stocks likely to break out and monitoring them during the first 30 minutes of open allows you to enter many breakouts early. 

Early entry on breakouts can reduce risk and increases profits as you also capture the first-day gains, and stops can be made breakeven soon.

This is my watchlist for the next few days; I keep adding or deleting this list daily. 

https://www.tc2000.com/~1BLxaS

AXON

ERX

FANG

APD

LIN

XP

LOVE

DEN

PG

FMC

OMER

INZY

PRCT

ARCT

GETY

SCYX

EHC

JAKK

PDSB

CVAC

APP

ARLO

OVID

PR

SLGC

BUR

FTS

HBIO

ABC

CRSR

SPOK

SBGI

OSUR

KC

DNMR

HCSG

BGNE

TDC

NVAX

GATO

TGH

ARQT

MBI

ICE

VERX

EBIX

INMD

AVAV

FDX

WTW

UNP

EOG

WCN

HCA

AMD

ANSS

AMGN

FIVN

MCK

ALNY

4/18/2023

HIMS had high volume breakout

 


HIMS is a recent IPO with good earnings and sales growth. A high volume breakout like this can often lead to big moves.

4/12/2023

What to look for in a short candidate

 


At the beginning of an 8 to 20% move is a range expansion. The stock has been weak, and range expansion might lead to further weakness. 

4/07/2023

Should you use 10 MA stop for short term swing

 


When a stock has a momentum burst of 3 to 5 days, it explodes quickly in a short time period. As a result of this the daylight between 10 MA and the price increases. So a stop based on MA will put lot of open profits in play.
 As a general rule for 3 to 5 days swings using a MA of 10 day duration is not a smart idea.