Connor Bates

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Connor Bates

Connor Bates

@ConnorJBates_

Portfolio Manager of TURBOTECTION at @RevereAsset Management. Business inquiries ~ [email protected]

Miami, FL 🏝️ Katılım Ağustos 2020
805 Takip Edilen53.2K Takipçiler
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Connor Bates
Connor Bates@ConnorJBates_·
What My X Account Provides 1. Stock setups I’m watching and trading. 2. Frequent posts highlighting leading sectors and standout stocks within those groups. 3. Curated research on sentiment, positioning, upgrades, downgrades, notable news, and more. 4. Reminders of my favorite trading quotes from market legends. 5. Educational content I’ve found helpful throughout my trading journey. And plenty of other insights I enjoy sharing. I treat my X account as a public trading journal posting what I find useful or interesting, much of which my followers have found valuable as well. I truly enjoy being part of this community and appreciate the many great people I’ve connected with along the way🥂
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Connor Bates
Connor Bates@ConnorJBates_·
$IBM Suffering its largest one-day crash on record
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Revere Asset Management
Revere Asset Management@RevereAsset·
📺💡Big Tech Is Coming Back — Here's Why It Matters Please ❤️like, 🔖bookmark, and 🔁share with fellow growth stock investors In this Short insights video, @ConnorJBates_ shares his thoughts on why the Magnificent Seven $MAGS are regaining technical strength, what the recovery above the 200-day moving average signals, and why renewed leadership from Big Tech could drive the next leg higher in $QQQ. * Just weeks ago, investors were convinced Big Tech was in trouble. Concerns over massive AI spending pushed the Mags roughly 15% below their highs, with many of the biggest names threatening to break below their 200-day moving averages. That wave of pessimism now looks increasingly like a sentiment-driven selloff rather than the start of a lasting decline. * The technical picture has changed dramatically. The Magnificent Seven ETF $MAGS has reclaimed its 200-day moving average, formed a multi-day bull flag, and is breaking higher again. Its Relative Strength line has turned sharply upward, suggesting these mega-cap leaders are once again outperforming the broader market. As long as $MAGS holds above its 200-day moving average, the path of least resistance remains higher, which also supports a bullish outlook for $QQQ. * Several of the Big Tech leaders are showing similar patterns. $NVDA found strong support at its 200-day moving average, built a higher low, and is regaining leadership in both AI and semiconductors. $AAPL also defended its 200-day and is now trading in a very tight consolidation just below its highs. $AMZN is curling higher off long-term support, while $GOOGL is quietly building a healthy base after a strong run earlier this year. $META has become one of the strongest charts in the group after new AI announcements and reports that it plans to double its computing capacity. The stock has gapped above its 200-day moving average while breaking a major downtrend, adding another bullish catalyst to the group. $MSFT remains the weakest of the Mag7, but even there, selling pressure appears to be fading as key support levels continue to hold. $TSLA hasn't yet reclaimed its 200-day moving average, but after spending years building an enormous base, it's beginning to show improving relative strength and remains a stock worth watching. * One common theme stands out across nearly every chart: institutions continue to step in whenever these high-quality companies reach their 200-day moving averages. Their deep liquidity, dominant businesses, and long-term growth profiles make them natural accumulation candidates during periods of market weakness. * So, the recent recovery suggests the market is moving past fears surrounding AI spending. If these technical improvements continue, the Magnificent Seven could once again become the primary leadership group driving the next advance in both $QQQ and the broader market $SPX. * You can find more details about Revere Asset Management in the FAQ section on our website, along with additional insights into our investment process, portfolio structure, and onboarding. ▶️revereasset.com/faq/
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Connor Bates
Connor Bates@ConnorJBates_·
Overall charts in the Memory space look constructive. Building out new bases. $SNDK $MU $DRAM $SKHY
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Connor Bates
Connor Bates@ConnorJBates_·
Crypto potentially confirming U&R's across the board. bitcoin:native ethereum:native hyperliquid:native RS Leader
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Connor Bates
Connor Bates@ConnorJBates_·
Huge day for Cyber Security ~ $CRWD $OKTA $TENB $PANW $NET $FTNT $RPD $QLYS
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Connor Bates
Connor Bates@ConnorJBates_·
June CPI -0.4% vs. -0.1% consensus; prior 0.5%
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Connor Bates
Connor Bates@ConnorJBates_·
"Retail Investors are now buying stocks at the slowest pace in more than 6 years."
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Revere Asset Management
Revere Asset Management@RevereAsset·
📺 Warning Signs Are Flashing Across The Market Ahead Of Today's CPI Please ❤️like and 🔁share with fellow growth stock investors @TedHZhang reviews the current market environment and explains why investors should stay cautious heading into today's CPI report. While the long-term uptrend remains intact, short-term technical conditions have weakened as AI stocks continue to lead the market lower. * Our market leadership model has been downgraded to neutral, with further deterioration potentially triggering a bearish signal. $QQQ, small caps $IWM, and mid-caps $MDY have all slipped below their 21-day moving averages, while the Nasdaq has also fallen below its 50-day moving average. $SPX remains above the critical 7,500 level, but multiple distribution days and a close below the 8-day EMA suggest institutional selling pressure is increasing. * Weakness continues across the AI complex as geopolitical tensions surrounding Iran, ongoing selling in semiconductor-related stocks $SOXX $SMH, and concerns about interest rates weigh on growth names. Comments from Kevin Warsh added another layer of uncertainty by suggesting that stronger inflation data could delay any move toward easier monetary policy. Rising Treasury #yields remain a key risk for the market, particularly for growth and AI stocks. Higher yields increase borrowing costs, tighten financial conditions, and reduce the present value of future earnings, putting pressure on high-valuation companies. As a result, Treasury bond $TLT $BND prices fell, yields moved higher, and investors are closely watching CPI today for clues about the Federal Reserve's next move. * Outside of equities, volatility picked up with $VIX jumping from around 15 to 17. The U.S. dollar $DXY is strengthening again after reclaiming key technical levels, while #gold $GLD, #silver $SLV, and #Bitcoin $IBIT all pulled back. * We continued to reduce risk by selling or trimming positions that broke below key technical support levels. In the Grotection portfolio, we sold $SIMO and trimmed $SOXL and $DRAM after they broke below important moving averages or gapped to new lows. In the Turbotection, $MRVL was sold following a downside gap and technical breakdown. These moves reflect a disciplined approach to preserving capital as market leadership weakens rather than a shift to an outright bearish stance. * For now, the market has not broken down, but warning signs are clearly increasing. With CPI today, PPI tomorrow, and earnings season beginning, the next several sessions could determine whether the broader uptrend resumes or whether the recent technical deterioration develops into a larger correction. We may perhaps be due for a correction. * Watch this Short video where @TedHZhang breaks it all down in detail 🔽
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Connor Bates
Connor Bates@ConnorJBates_·
Semiconductor stocks are now cheaper on a PE basis than they were at the start of the year. Not saying it's time to sell, but for cyclical stocks you sell at the lowest PE and buy when it's high.
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Revere Asset Management
Revere Asset Management@RevereAsset·
📺🎓How ATR Reveals The Best Stock Entry Points Please ❤️like, 🔖bookmark, and 🔁share with fellow growth stock traders/investors In this educational Short, @dvandenbord explains why Average True Range (ATR) is one of the most valuable tools for improving stock entries and avoiding costly FOMO trades. * After analyzing roughly 1,000 completed trades at @RevereAsset, we found a clear pattern: the farther a stock has already moved off its intraday low before you buy it, the lower your probability of success. Instead of chasing momentum after a stock has already made a large move, our data shows traders should aim to enter within roughly half an ATR of the day's low whenever possible. Once a stock has already traveled around three-quarters of its ATR for the day, the odds of an immediate pullback increase sharply. In our study, those late entries produced only about a 29% win rate and were far more likely to finish the day in the red. * The lesson isn't that strong stocks should be avoided—it’s that entry timing matters just as much as stock selection. Even fundamentally strong leaders can become poor trades if they're purchased after an extended intraday rally. Better entries improve win rates, first-day performance, and overall trade expectancy. * The discussion also highlights how today's leading growth stocks have much wider ATRs than in previous years. Traditional 7–8% stop losses can now represent just one normal day's movement, making traders more vulnerable to being stopped out during routine pullbacks if they chase entries. That makes both patience and proper position sizing even more important. * To adapt, our team is incorporating these findings directly into our trading process. Half of the portfolio remains invested in index exposure $SPX $QQQ to capture market rotations, while the other half focuses on leading stocks and sectors. Position sizes are adjusted based on volatility so that one highly volatile stock cannot disproportionately impact overall portfolio performance. * The bottom line is that don't let FOMO dictate your entries. Use ATR to determine whether a stock is extended, wait for higher-probability entry points, size positions according to volatility, and let data drive your trading decisions. Better entries won't guarantee every trade is a winner, but they can significantly improve the odds over hundreds of trades. * You can find more details about Revere Asset Management in the FAQ section on our website, along with additional insights into our investment process, portfolio structure, and onboarding. ▶️revereasset.com/faq/
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Connor Bates
Connor Bates@ConnorJBates_·
Pretty bad market when $AMZN is one of the few green stocks on my list.
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Revere Asset Management
Revere Asset Management@RevereAsset·
📺 What You Need To Know Ahead Of This Week: Earnings Begin, CPI/PPI, & $TSM Outlook For Semis Please ❤️like and 🔁share with fellow growth stock investors In this "week ahead" update, @toddmichael70 reviews the current state of the market and the key events investors should watch this week as earnings season officially begins. * To start, the broader market remains in a healthy uptrend, with all major indexes trading above their short-, medium-, and long-term moving averages. However, market leadership remains neutral as AI and growth stocks continue to experience sharp swings. Last week's volatility was driven by renewed geopolitical concerns surrounding Iran and continued weakness in memory semiconductor stocks $SMH $SOXX. Even so, many semiconductor names successfully held their 10-week moving averages, preventing a more significant technical breakdown. * The Magnificent Seven $MAGS were once again the primary engine behind the market's gains, climbing roughly 4% for the week and helping major indexes recover toward their highs. $SPX successfully reclaimed and held its 10-week moving average after briefly breaking below it in prior weeks, while $QQQ also regained this important technical level. Equal-weight index $RSP, the Dow $DIA, and mid-cap stocks $MDY continue to show constructive action, although small caps $IWM slightly underperformed. * This week marks the first major stretch of earnings season, with financial companies leading the calendar. $GS $C $JPM $WFC Investors will also closely watch reports from $ASML on Wednesday, Taiwan Semiconductor $TSM on Thursday, $NFLX, $AA, and GE Aerospace $GE. TSMC's results and guidance could be particularly important for the semiconductor industry and broader AI trade. * Economic data will likely play an equally important role. Tuesday brings the Consumer Price Index (CPI), followed by the Producer Price Index (PPI) on Wednesday. Later in the week, retail sales and the Philadelphia Fed Manufacturing Index will provide additional insight into the health of the U.S. economy. Together, these releases could influence expectations for inflation, interest rates, and Federal Reserve policy. * Outside of equities, the U.S. dollar $DXY continues to hold its recent breakout, while #gold $GLD, #silver $SLV, and gold miners $GDX remain technically weak despite recent consolidation. #Bitcoin $IBIT rebounded during the week, with its short-term moving averages beginning to improve, although it still remains below longer-term resistance Meanwhile, Treasury #yields continued moving higher, with both the 10-year and 30-year yields rising another eight basis points. Rising long-term yields remain an important macro headwind that investors should continue monitoring throughout earnings season. $TLT $BND * One encouraging development is the technical improvement in the Magnificent Seven. $AMZN $GOOGL $MSFT $META $TSLA The group reclaimed its 10-week moving average for the first time in more than a month, suggesting large-cap technology continues to provide the strongest support for the overall market. * So, the primary market trend remains bullish, but leadership has not fully healed. This week's combination of major bank earnings, TSMC's outlook, and critical inflation data could determine whether AI stocks regain momentum or whether recent volatility continues. * Watch this Short video where @toddmichael70 breaks it all down in detail 🔽
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jbulltard
jbulltard@jbulltard1·
This is one of the craziest things I've seen in my time on here. Less than a year ago this guy had like 400 followers and we had talked for years in dm. I said he was a very underrated follow and he went from 400 to 10k. He's at 158,000 followers today. x.com/PegasusFund/st…
Pegasus@PegasusFund

Cannot believe I have 10,000 followers which would’ve been a mid-size newspaper at almost any point in history I always felt conversations on this app were extremely one-sided and I sincerely appreciate anyone finding what I have to say useful or interesting Shoutout to my man @jbulltard1 too he inflated my follower count through QE

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Connor Bates
Connor Bates@ConnorJBates_·
Volatility in Semis "Semiconductor stocks have moved 3% up or down 15 times in the last 30 trading days. This hasn't occurred since the Dot Com Bubble" Source: BTIG
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Connor Bates@ConnorJBates_·
S&P Implied Correlation Touching 20-year lows
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Connor Bates@ConnorJBates_·
Wild "Amazon, Alphabet, Nvidia, Meta, Oracle and SpaceX, have issued a record $182 billion in investment-grade bonds so far in 2026. This marks a +1,300% increase from ~$13 billion over the same period in 2025. As a result, these 6 firms account for nearly 15% of total US corporate bond issuance year-to-date and over 50% of this year's growth in corporate bond issuance."
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Connor Bates@ConnorJBates_·
$SKHY SK Hynix (SKHY) prices IPO at $149 per ADS, raising approximately $26 billion in proceeds, according to Bloomberg.
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