Dave Paone

@ConnorJBates_ Great posts as always! That divergence between the complacent Spy/Qqq and the Vix in January and February was very notable.

Major Indices YTD Performance $RTY -1.30% $INDU -6.03% $SPX -6.96% $NDX -8.38% $VIX +107%

@TedHZhang This quote is total money, Ted. Livermore was one of the greatest teachers on this concept.

We all talk about cutting losses quickly, but one thing I’ve really worked and gotten better is riding winners. The key is allowing the fear of giving back profits move through you so you can actually allow outlier moves to manifest.

@RealSimpleAriel @stamatoudism taught me the importance of outliers. They can be responsible for around 80 percent of total annual gains. Great trade, Ariel. You and @NickDrendel were on this.

Market definitely helped but I got the last laugh! Thank you $AXTI $LITE. Made the month, and a great reminder that you only need 1 good idea and some persistence! 🙏

@NickDrendel Your Pushup rule for breaks above and below daily VWAP killed me today with the QQQ, lol. Leaders... much easier on the body.

LEADERS

@AmeetRai Another amazing Rai-ism! Sounds like something Livermore would say too!

Trading is meant to set you free but most traders end up caged by it — staring at charts, refreshing news feeds, chasing every macro narrative and every rumor just to feel in control. You think you’re mastering the market, but it’s mastering you. Freedom in trading doesn’t come from knowing every detail; it comes from knowing yourself. Knowing the kind of pace, style, and risk you can live with for decades — not just the next quarter. Passion is powerful, but it’s not enough. Passion fades when it’s built on obsession. What lasts is sustainability. The traders who make it for 10, 15, 20 years don’t just love markets — they structure their lives so trading fits within their freedom, not consumes it. Don’t chase intensity. Build longevity. That’s where the real edge is.

@AmeetRai @TedHZhang @801010athlete N in Canslim seems very important.

Usually the indexes eventually win and drag everything with them but what we are witnessing is a massive rotation to the next-gen tech from traditional tech that is under AI threat & indexes (managed by MSCI, S&P Global) are not balanced for this as they are modeled around traditional tech/software

From my own short 6 year career and talking to people who have been in the markets for decades, this is some of the most bifurcated action between indexes and leading stocks. $SPX closed below the 200-day today. Meanwhile we have memory $SNDK $MU Optics $TSEM $CIEN $LITE $COHR $GLW $VIAV acting the way they are.

@RichardMoglen I learned more about trading today looking up Shawon Dunston's volatility stats. 1000 Ks 203 Walks. lol. Amazing video and interview, Richard.

Maybe watch this video instead of watching the market today.... 🟥 youtu.be/Eb9FkLNJLzs

@RealSimpleAriel Sark and chill :). and the VIX

You lose Optics $LITE $CIEN $COHR $AAOI $AXTI and if you lose Memory names $MU $SNDK $WDC $STX, what themes are left?

@NickDrendel I’ll go combo BEARiel and gap master. $Sark and chill. Energy/Oil. Leaders on U/R.

Ignore perma-bears like BEARiel. Use relative strength phases to find the leaders then buy them on relatively weak days.

@RealSimpleAriel A wise man once said “$Sark and chill.”

I'm going to give Cathy all the blame for what this $ARKK looks like recently. Top 10 holdings with their respective weighting $TSLA 10.34% below the 200sma $CRSP 6.05% below the 200sma $CRCL 5.64% he only bright spot $TEM 4.99% below the 200sma $COIN 4.91% below the 200sma $SHOP 4.78% below the 200sma $HOOD 4.41% below the 200sma $ROKU 3.99% below the 200sma $AMD 3.67% and only a wisker above the 200sma $PLTR 3.51% below the 200sma She has some very poor acting names in that portfolio. What 9 months will do to the look of any stock or ETF! I am short, plan on adding more, send us back to mid $50's.

@jfsrev Same resistance spot is the IPO vwap as well.

$CRCL — 10x ATR% extended from the 50-MA into major resistance. Awakening after a period of neglect from Q4 earnings report, now up +120.37% over the past month. Imagine the potential of this rally in a more favorable market environment. Triple digit % EPS surprise in last 2 quarterly report (Q3'25 +235%, Q4'25 +162%). Volume is lowering as it pushes higher towards current resistance level, which coincide with a 10x ATR% extension from its 50-MA. If you are lucky to have caught this, it is worthy to take some size off and locked in major part of your profits in the short term. Market Cap $31B | ADR: 8.4% | Avg $ Volume: $2B

@1ChartMaster Purgatory

This is the Inverted QQQ chart. Tell me what you see?

@FranVezz @NickDrendel's daily leaders list. He does an amazing job looking at this each day. Includes these 4 Generals. Will the market hide here and last one to be shot, or show early RS as Market finds a catalyst? who knows

What are the 4 stongest stocks in the market right now? I'll go first, in no order: $FSLY $SNDK $DOCN $CRCL - $MU honourable mention

@RichardMoglen @NickDrendel @TauchTrader @grok what’s worse for that market. Oil spiking or Richard Moglen flying?

@NickDrendel @TauchTrader I am flying tomorrow morning

"Okay guys, market looks solid. I'm going for a swim, don't crash the market." The second I leave...

@jfsrev This is incredible work, Jeff. Can you post the full list of Industry Group ETFs you track?

Top 15 Market Leading Industry Groups by 1-Month Relative Strength — 60% are in the technology space. $AIQ — Artificial Intelligence & Technology $ARKF — Fintech Innovation $ARKK — Disruptive Innovation $ARKW — Next-Generation Internet $CLOU — Cloud Computing $FCG — Natural Gas Producers $FDN — Internet Companies $IDGT — Digital Infrastructure $IGV — Software & Applications $SHLD — Defense Technology $USO — Crude Oil $WCLD — Cloud Computing (Pure-Play) $XBI — Biotechnology $XOP — Oil & Gas Exploration & Production $XSW — Software & IT Services @finviz_com

@NickDrendel 4 of last 7 days are Oops Reversals in QQQ and Spy. She refuses to stay down. Frikken Rocky Balboa market.

Undercut of previous lows and rally. Third times the charm?

@RichardMoglen @Upticken Please ask him “what is the status of the “Golden Goose?”

I'll be doing an in person interview with Jim Roppel @Upticken next week. If you had one question to ask him, what would it be 👇

@Clement_Ang17 Truly love these summaries. Thank you!

06 Mar 2026: Working on "Sit Out Power" Market Commentary: Another day of head spinning volatility despite a -0.30% day in the QQQ. Intraday price action illustrates the madness, with sellers in control for the most part of the early session, before buyers stepped in and ripped it higher towards the unch. level by the close. In dollar land, the DXY seems to be consolidating gains after a strong two-day move higher to begin the week. Precious metals continue to base build, with Gold hanging on to the 20-EMA as of this writing - going sideways. Silver on the other hand continues to live below the 10, 20, and 50 MA as it similarly tracks sideways. In crypto land, more of the same as both BTC and ETH tracks sideways after its 10/20-EMA wedge pop - however, the asset class is in a Stage 4 decline. The technical picture has increasingly deteriorated, tread lightly. Have a good weekend ahead! 🔴

@NickDrendel The CHOP Continues with NAAIM up-ticking. kryptonite for us as swing/position traders. Instead of ripping off the band-aid to reset charts, the band-aid painfully gets pulled one hair at a time

NAAIM Exposure Update! Slight uptick in exposure as we've seen multiple gap downs being supported. Was hoping for a flush so we can get more $ on the sidelines, but you don't always get what you want.

@TedHZhang Willing to bet there are tons of Livermore quotes on this psychological topic in your journal

High wage jobs - lawyers, doctors and dentists - pay more the more you work. Naturally we are conditioned to think more work = more money. In trading and investing, that isn’t the case. Returns are non-linear. You can see no results for long periods of time and then see all the results at once. Waiting and patience is the name of the game. The paradox is: we don’t feel like we are working when we are waiting which is why most get seduced into clicking the buy and sell button.