$Nike(NKE)$ Monthly Chart + Quarterly EPS & Sales Growth YoY A look at how quarterly earnings and sales growth or deceleration can shape long-term stock performance. EPS: $0.48 vs. $0.44 expected ↳ Down 2% YoY Revenue: $11.21B vs. $11.33B expected ↳ Down 4% YoY EPS beat estimates, but revenue missed and both remain under pressure YoY. The monthly chart is where I’m watching to see whether the longer-term trend can stabilize. Markets are always moving - and sometimes, the best move is knowing what works for you. With Treasury yields, oil prices and rate expectations keeping markets on edge this week, investors are once again thinking carefully about where to position next. There’s no one-size-fits-all choice in investing — and the same goes for
$Everpure(P)$ is the one stock that really stands out to me again. The setup alongside the $Invesco QQQ(QQQ)$ wedge breakout on September 17 was clean: 📈 Wedge breakout 📈 Reclaimed all major moving averages 📉 ATR% extension from the 50-MA compressed from 10x → 2.6x in roughly a month That compression was the key. After getting massively extended, $P spent a month cooling off and resetting the structure before moving again on September 17. Then the breakout arrived. Me: “Dear God of Trading, it’s me again…” 😂🙏 Sometimes the market gives you the exact setup you’ve been waiting for. $P is one I’m paying very close attention to. 👀 Markets are always moving - and sometimes, the best move is knowing what works for
Looking back, the only decent swing entry on $Dell Technologies Inc.(DELL)$ was the immediate post-earnings move on September 2. But even that setup had a catch. ⚠️ The first move could have been an intraday stop-loss attempt, requiring a second entry on a very expanded range. And after holding for roughly a month, the setup offered less than 2R — even with the stop based on the opening price instead of the low of the day. That’s the problem. 📉 Expanded range + limited upside = poor R For a swing trader, I don’t think entering $DELL after such an expanded move makes much sense. Why tie up capital for a month when the potential reward is so small relative to the risk? That’s very different from position trading. If you’re building a long-term posit
5 Rules From Van Tharp That Can Change How You Trade
One of the late Van K. Tharp, Ph.D.’s most useful ideas was simple: Better trading starts with better risk management. Here are 5 principles worth keeping close. 👇 01 Trade with the market trend Before taking a position, first ask what the broader market is doing. One simple reference is $SPY vs. its 200-day moving average. Historically, markets have tended to perform better when price is above the 200DMA than when it is below it. If $SPY loses that long-term trend reference, reducing exposure can be part of the risk-management process. 02 Know your exit before you enter Every position needs an exit plan. “Buy and hold” without knowing when or why you would sell can leave risk undefined. Tharp suggested using a 25% trailing stop as a starting point for some long-term positions, allowing ro
$Invesco QQQ(QQQ)$ looks strong on the surface. But I’m not ready to chase it yet. 👀 $E-mini Nasdaq 100 - main 2612(NQmain)$ spot is currently up 0.59%, and I was considering $ProShares UltraPro QQQ(TQQQ)$ as a 3x long trade to capture the strength in $QQQ and the $iShares S&P 500 Growth ETF(IVW)$ segment following that bullish wedge breakout. 🚀 Then I noticed something important. $QQQ has now failed to fill the August 18 gap-down resistance zone on two separate attempts. ⚠️ That’s worth paying attention to. We saw a similar setup around the June 23 gap-down. After a +1.7% rally attempt to fill that gap resistance