The Maverick Mountain

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The Maverick Mountain

The Maverick Mountain

@RebuiltMuslim

I help to rebuild Muslim men after heartbreak, divorce, loss of family, career, health and bankruptcy. Masculinity. Money. Mindset. Deen.

가입일 Aralık 2021
19 팔로잉23 팔로워
Caroline
Caroline@carolinen1c8zc·
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ALEX SUZUKI
ALEX SUZUKI@X_FINALBOSS·
I paid Tai Lopez $60K to spend 6 hours with me today in LA to teach me how to make $800M asap like he did. I took 7 pages full of notes. Comment "X" and I'll share it with you too
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Tai Lopez
Tai Lopez@tailopez·
It’s not that we are so evil or stupid. It’s that our modern world no longer matches our ancestral past. Our brains are overwhelmed and overstimulated. We can’t rely on our instincts anymore. The “whisper of 10,000 generations” of our ancestors no longer helps. Return to a more primitive life to find peace again.
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Mark Ritchie II
Mark Ritchie II@MarkRitchie_II·
Last week was the 8th down of the last 9 on Nasdaq and volume has been dead red the whole way. The trend has been for the market to bounce to start the week and roll midweek into the close of the week. Makes a lot of sense as who in the world wants to carry extra risk into the weekends with all that is going on in the world. I'd love to see a mini-capitulation here or some kinda scary open where bulls throw in the towel. The late/great Art Cashin (only reason to every watch CNBC in the old days) used to always talk about the classic capitulation happening after a bad Friday and into a bad Monday and scary open Tuesday. A bad close today could set us up for a mini-version of this but I'm not holding my breath, but a possibility. Today some of the names that were the standouts are starting to crack so this could be the market getting to everything as more bulls throw in the towel. Good news is we have gotten/getting short term oversold and sentiment has shifted more bearish.
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Mark Minervini
Mark Minervini@markminervini·
Back to the market. Oil is surging, volatility is expanding, and sentiment is quickly turning bearish—that’s your first clue. When fear spreads wildly, you have to start thinking contrary. But let’s be clear: Powell has signaled he’s on hold until there’s clarity out of the Middle East. That means uncertainty remains the dominant force—for now. After last week’s meeting, Fed Chair Jerome Powell emphasized that further evidence of easing inflation is required before additional policy easing is considered: “If we don’t see that progress, then you won’t see the rate cut.” Market expectations have shifted. In just a week, bond traders moved from anticipating rate cuts to pricing in roughly a 50.0 percent probability of a rate hike by October. In Europe, markets are now pricing in as many as three ECB rate hikes by year-end. Recession risk is rising as the Iran conflict prolongs and oil prices are elevated. A slowing U.S. economy could hurt corporate profits and also exacerbate emerging stresses in the private credit market. At some point, we’re going to get a sharp snapback rally. That’s inevitable. But don’t confuse a reflex rally with a new uptrend. Some of the most powerful rallies happen inside bear markets and major corrections—they trap the impatient and reward them with whipsaw action. The market is news driven. If this conflict resolves quickly and favorably, we could see a classic V-shaped recovery. If not, the market is going to likely need time to repair to establish a durable bottom. Oil will eventually present a good shorting opportunity. Equities will bottom. But timing is everything—and for the low-risk trader, volatility is the enemy. That's why I’m never concerned with buying at the lowest price—I want the right price. I want alpha, and I want it fast and efficient. Grinding for pennies in chaotic conditions is for gamblers and action jumkies. Those are hard-penny environments—and that’s where amateurs get chopped up. Professionals have what I call sit-out power—the discipline to wait for easy-dollar conditions, when the odds are clearly in your favor. How long do they wait? As long as it takes. That's where the discipline comes in. minervini.com
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Mark Ritchie II
Mark Ritchie II@MarkRitchie_II·
Nasdaq started this correction and base 5 or so months back. Under the surface she's been WAY more volatile than we've been led to believe but last 4-5 weeks we've had multiple tests on both sides of this trading range. For those thinking we can't go higher we've had a 5 month and nearly -10% correction where some areas have gotten killed so that is pretty standard mid-cycle bull market correction territory. I'd love to see more downside but with the VIX printing 30 yesterday in the pre-market this may be it for a bit. I'm content to sit until things make more sense and I'm curious to see where we close the week as this was exactly how we went last week...open at support, rally, fail and start rolling over mid-week, close lower on an increase in volume for the week. Lets see how/if we roll here...
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Mark Ritchie II
Mark Ritchie II@MarkRitchie_II·
I've been talking about this range in the general market for weeks now and haven't been doing much in the way of trading as the environment for me has dictated a lot more spectating than speculating. A lot of cross currents continue however in the last week the NYSE has started to join the weakness as breadth has started to roll over and selling volume hit 4:1 there yesterday which is the highest level of the year and now all the major averages are well in red territory for the year as the small caps and NYSE have given way. The good news is that sentiment is starting to get scary with AAII and fear/greed going way negative but those are terrible timing indicators. Put/call also started to spike which used to be a decent indicator of a bottom is closer in the near term but all of this is good from a contrarian standpoint but not a timing one, at least for me. You also have precious metals being taken to the woodshed this morning so looks like the market is starting to 'get to everything'.
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Mark Ritchie II@MarkRitchie_II

Nasdaq started this correction and base 5 or so months back. Under the surface she's been WAY more volatile than we've been led to believe but last 4-5 weeks we've had multiple tests on both sides of this trading range. For those thinking we can't go higher we've had a 5 month and nearly -10% correction where some areas have gotten killed so that is pretty standard mid-cycle bull market correction territory. I'd love to see more downside but with the VIX printing 30 yesterday in the pre-market this may be it for a bit. I'm content to sit until things make more sense and I'm curious to see where we close the week as this was exactly how we went last week...open at support, rally, fail and start rolling over mid-week, close lower on an increase in volume for the week. Lets see how/if we roll here...

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ゆるふわ係
ゆるふわ係@SteveTong289336·
鍛え上げられてるボディ💪目線も最高すぎる #カルバンクライン
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笑顔
笑顔@sacchansa_pr·
動画の続きを含めた2万円セットが今だけ100円↓ x.com/fanclub_inf/st…
大人のファンクラブ情報局@fanclub_inf

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笑顔
笑顔@sacchansa_pr·
奥さん、ミルタンクすぎる
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月曜日の人
月曜日の人@Plnx7_·
固定資産税取られるよ!!
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Mark Ritchie II
Mark Ritchie II@MarkRitchie_II·
I almost nibbled on $IBIT the other day for fun (no real size) and decided to stay away as not much is making sense to me here. Price action looks like it's bottoming as it didn't make new lows the last few days and I highlighted the positive divergence in $COIN post earnings. I'd rather wait for confirmation and some form of a tradable pivot even for another bottom and these studies back that up.
Mark Minervini@markminervini

On balance, Bitcoin can take a couple of months to bottom even after a sharp decline. A couple of things to watch: MSTR has tended to lead Bitcoin at key turning points. IBIT — the largest Bitcoin ETF with roughly $69B in assets — has seen about $2.7B in outflows over the past 21 days. I’d like to see those fund flows stabilize and shift positive for a reliable bottom.

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Mark Minervini
Mark Minervini@markminervini·
On balance, Bitcoin can take a couple of months to bottom even after a sharp decline. A couple of things to watch: MSTR has tended to lead Bitcoin at key turning points. IBIT — the largest Bitcoin ETF with roughly $69B in assets — has seen about $2.7B in outflows over the past 21 days. I’d like to see those fund flows stabilize and shift positive for a reliable bottom.
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Mark Ritchie II
Mark Ritchie II@MarkRitchie_II·
Good question... In this environment I would not say we have gotten to 'destruction mode' that you described. There are times when volatility widens massively and everything gets killed. That's easy as you step aside, raise cash and wait for the dust to settle. The interim road between a healthy market and nasty slide is the more dangerous, at least for me as there are ideas to keep you engaged and trading but the volatility is too high or you just get chopped around. The thing I'm always watching for even on days like today is 'what is holding up the best' and then asking 'what would I need to see to get involved'? Today I was looking early to see if anything out there on my watchlists were green, early on nothing. Then we bounced and a few started to perk up. A good example from today would be a name like $AA here, I have it on a secondary watchlist and if you look it shook the 50-day and came back pretty strongly. I drew in a permutation of something I'd want to see for me to get involved. May happen, probably not but its the idea of knowing ahead of time what would be normal/constructive. I go through tons of names like this and don't assume anything as I probably screen 500 stocks to find one to trade so I'm always running through 'what if's' knowing that usually I'm not gonna be involved, that's part of having selective criteria. The other thing I like to do in corrective periods is put the index underneath names on my watchlist to look for relative strength on tough days. I've said like a million times I don't take my cues from the index and that is not what I'm doing here but looking for RS over the index. In this case you can see the $SPY barely comes off the lows in the morning and $AA snaps half the down move right back. I want to see resilience in a stock and that is how I try and find it by comparing the stock to the market not vice versa.
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Mandeep Singh@ManageRiskFirst

@MarkRitchie_II Hi Mark, Rookie question: During the high volatility times, charts get destroyed / no tight setups etc. what do you watch for when the tide turns, what homework would you recommend for a momentum swing trader. And Thank you for sharing your thoughts.

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ど真ん中
ど真ん中@THERESAJORDAN·
やっぱちゃんよたよ
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Aruvin 💊
Aruvin 💊@aruvinchan·
Sadly too many men would "make an exception" for a girl like this and throw their entire blueprint out of the window, just because she's hot. If she's hot, it's DOUBLY important to stick to your script that has worked so far! Don't simp/pedestalize her just because she's out of your league. That's ironically how you'll lose her.
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