BenedekBokor

29:46

BenedekBokor

With Friday's close the situation looks quite positive. Especially the breakout on $MDY. Some solid setups, still mainly on healthcare stocks. Follow throughs have not been the strongest in the last few weeks so I haven't made any progress in terms of gains. Would be nice to finally catch a nice big winner. Only 13% invested but looking to scale up in the coming...

10:28

BenedekBokor

Have not been that consistent due to travel, also didn't have much time to work on my trading but things look generally healthy in the market, so I'm looking to scale up on breakouts. Nice to see my MIL:EXXY and AMEX:XLE ideas working out

23:46

BenedekBokor

• equities positive after rate cuts, but • NASDAQ:TLT sold off and energy was the best performing sector this week, along with other commodities, might signal expectation of inflation picking back up and the FED having to keep rates higher • the 50bp cut is also something that would be fueling inflation, as long as the economy doesn't go into recession • changed...

21:34

BenedekBokor

• strong rally ahead of rate decision week • breadth has improved, lots of breakouts, but many of them are coming out of wide & loose and incorrect bases • not the most constructive sign for my strategy • currently at an inflection point, the market next week will either have a strong rally or completely fail this rally attempt • will remain cautious and not buy...

26:29

BenedekBokor

• no setups, screener results are the worst I've seen in a while, breadth is worsening • weak employment data, yield curve uninversion was driving a lot of the move down • might have a rebound or a calm week next week, but generally, I see more downside ahead • I'm mostly short, not looking to enter long until markets stabilize

38:14

BenedekBokor

• market continues to be in a bull market • good economic data and sticky inflation led to a selloff in TLT -> rate cuts might not be as soon or as aggressive. but good economic data is good for equities • lots of setups in healthcare and finance names • tech is still in correction and small caps are leading which is a good sign for me • still less than 50%...

26:28

BenedekBokor

• market is in a nice uptrend after confirmation of rate cuts • small caps are leading again finally • short term we might be a bit extended, I'm a bit cautious on opening new large position sizes, looking to take profits • keeping position sizes small at 5-10%

10:24

BenedekBokor

• lots of EPs this week on good economic data • all indexes are above 50dma, suggesting an uptrend, improving breadth confirms this • however, still skeptical about this, given that recession fears probably did not dissipate completely • also looking for some potential short setups in case we continue to the downside • not the greatest amount of 5 and 4 star...

08:59

BenedekBokor

• dead cat bounce on the indexes • low breadth, no setups • some EPs have worked like NASDAQ:SEZL or NASDAQ:ALNY • talking about my strategy for long term investing

27:42

BenedekBokor

• recession fears, everything selling off • only have 4 positions, all short: BCBA:BMA NYSE:ANF NASDAQ:ALAR NASDAQ:RXST • my NASDAQ:TLT long is finally working • not many good setups, breadth is weak, not looking to enter long positions in the near future • want to get passive long exposure on AMEX:IWM

31:29

BenedekBokor

• my equity curve is still close to all time lows • lots of good setups in finance, healthcare, industrials and materials • earnings season is in, could be the trigger for breakouts • lots of pullback / base-on-base types of setups • unfortunately I can't put 100% of my focus on trading right now for a few more weeks, so will likely keep missing opportunities

35:18

BenedekBokor

Good week overall but gave a lot of the gains back

14:50

BenedekBokor Updated 

As I said yesterday, I was expecting this sharp pullback and to give back most of my gains which happened. Work was really busy and I had no time to manage positions today. But maybe that's just an excuse and I don't take this seriously enough. During the first hour I was actually up 1.5%, then later it reversed down to a -7% portfolio loss for the day. Market is...

21:56

BenedekBokor

Just talking about my strategy of reducing my leverage as I have way too many positions and I am way over-leveraged, while the market is short-term overextended. What I expected this weekend happened exactly, and now I realize that this is a time I should take action. Unlike I did in Feb 13 and Dec 6 last year where I lost 10% of my account in a pullback because I...

37:59

BenedekBokor

• money is rotating from large cap growth to small caps finally • breadth has significantly improved • all this mainly driven by improving inflation, which led to hopes of faster rate cuts • lots of solid setups • short term might be a bit extended • earnings season is coming up next week, starting with financials, so we might see good breakouts and EPs

23:47

BenedekBokor

• back to large cap growth tech dominance • rest of the market is struggling • number of breakouts are increasing but the failure rate increases as well • some select breakouts are working • still cautious

25:02

BenedekBokor

In short: • breadth is improving • small caps are leading • lots of setups and the numer increased from the last weeks • the list of breakouts is expanding each week - there is follow through coming in • supportive economic data this week

33:35

BenedekBokor

This weekend I pulled up the sleeves and did a lot of post-trade analysis to realize what my biggest weakness was in trading: situational awareness. I developed a market timing model, backtested it on my own trades and on the market and the results were shocking to me. If I had only been trading in good periods, I would have already been profitable. This is...