James Weyer

THE BULL: Mixed trends. Max risk: 0.75%. Max size: 15%. Cash: 95%. Port: $DTCR. Market still choppy but closed the week solid. Cash is a position. Basic Materials, Quantum Computing, Copper, Insurance & Financials/Regional Banks outperformed Friday—is the banking and investment industry finally gonna join the fun? For the week: Transportation, Infrastructure, Semiconductors & Blockchain outperformed. Semis, Data Centers and their construction still leading themes. Looking for top stocks in these sectors. WL: $DDOG $AAON $IGV $SNOW $ARKG $STI $OUST $CEVA $SEZL

@geniegaming_ @FOXSports @FIFAWorldCup So disappointing. World Cup should be about unbiased sportsmanship. No excuse for this.

@James_Weyer_ @FOXSports @FIFAWorldCup I thought I was tripping

@StockMarketNerd @PaperBozz Agree. Something like live music will become much more valuable when high quality music can be AI generated.

I think people human connection and that won't change. And I think as that human connection is displaced by AI more & more, the places consistently offering that increasingly rare connection will benefit. That's the 30,000K ft. view. Also nice that they house conversation where people are looking to collaborate/bicker instead of immediately get an objective answer. So not sure if chatbots solve for that either. Still contemplating. I hear you.

What are your thoughts on $RDDT? So much to like about this financial engine. Top-line growth looks amazing. Margin trends look great. Engagement trends are strong. Pretty balance sheet too. The only thing that doesn’t look absolutely amazing is 7% U.S daily active user (DAU growth. Leadership will explicitly tell you they want to do better here & they’re working hard to improve. Why does this matter so much with revenue still rapidly compounding regardless? Ad load can only ramp for so long. As that opportunity matures, revenue & user growth will more closely track each other. So? Faster user growth is vital for making sure they briskly grow revenue for a long time. And there are great reasons to think they can find that better DAU momentum. Feed personalization, search upgrades, onboarding enhancements & more should all work. They did for $META. They did for other platforms with strong, engaged user bases. They’re already starting to bear fruit for this firm. Every reason to believe these changes will work here like they did for similar models. And if these changes do work? You’re paying 22x forward profit for a 30%+ revenue compounder with EPS growing well in excess of that. PEG well under 1.0X for what looks to be a high-quality business. Interesting. 🤷‍♂️🙂

USA. A Mexican restaurant. We had not yet ordered anything, and the food was already arriving. Chips. Salsa. Unrequested. Free. I stopped the waiter. "We have not earned these." "They just come with the table, man." They come with the TABLE. In my land, hospitality is a debt. Every gift creates an obligation, weighed carefully, returned in the proper season with interest of feeling. Here, the gift arrives before you have even proven you can pay for dinner. This is not an appetizer. This is a declaration: we trust you. Eat. I ate with the gravity the moment deserved. And then — I must report this calmly — the basket emptied, and a new one appeared. "Did we…?" "Refill," the waiter said. "It's bottomless." Bottomless. They have wells of salsa. The supply lines of this nation are beyond anything my ancestors imagined. My friend warned me. "Don't fill up on chips, dude." Too late. I had accepted three baskets. Honor demanded each one be finished — an unfinished gift is an insult. By the time my actual food arrived, I was a ruined man. I was not hungry. I was not comfortable. I had been defeated by a courtesy. Generosity that arrives before the request cannot be repaid. It can only be survived. I know the rule now. I have made my peace with the basket. One basket. Two at the most. Who am I deceiving. There is no number of baskets I would refuse. The trust of a nation is in that salsa, and I intend to honor all of it.

$QQQ Confirmed Downtrend: Day -4. 5.80% above 50SMA. Distribution Days: 4. RS Phase: Yes. Traffic Light: Yellow. Rose 0.59% in lower volume with 79% DCR. Despite 2 up days, close still below 20SMA. 1W: Rose 2.31% in higher volume with 89% WCR. Healthy bounce on weekly. Expectation: Test support @ 700 level.

$IWM Short-term Uptrend: Day 2. 5.28% above 50SMA. Distribution Days: 5. RS Phase: Yes. Traffic Light: Green. Rose 0.87% in lower volume with 49% DCR. Closed @ ATH. 1W: Rose 4.01% in higher volume with 85% WCR. Healthy bounce on weekly. Expectation: Test 10EMA.

$DTCR Position: 5.27%. Gain to stock: 2.13%. Gain to portfolio: 0.11%. RS Phase: Yes. Traffic Light: Green. Rose 0.23% in lower volume with 48% DCR. 6.48% above 50SMA. Support @ 20SMA. Closed above all MAs. 1W: Rose 1.70% in lower volume with 68% WCR & RSNHBP. Support @ 9W/30 level. Expectation: Retest support @ 30 level.

$QQQ Confirmed Downtrend: Day -5. 5.60% above 50SMA. Distribution Days: 4. RS Phase: Yes. Traffic Light: Yellow. Rose 3.38% in higher volume with 95% DCR. Expectation: Reclaim short-term MAs.

$IWM Short-term Uptrend: Day 1. 4.70% above 50SMA. Distribution Days: 5. RS Phase: Yes. Traffic Light: Green. Rose 2.96% in higher volume with 91% DCR. Closed above all MAs. Expectation: Test 20SMA.

$DTCR Position: 5.25%. Gain to stock: 1.90%. Gain to portfolio: 0.10%. RS Phase: Yes. Traffic Light: Green. Rose 3.56% in higher volume with 96% DCR. 6.74% above 50SMA. Support @ 9WSMA/30 level. Closed above all MAs. Expectation: Up.

$DDOG This looks fantastic. Can get a 25% position @ 219.11 with stop @ 218.89 for a 0.03% risk to portfolio. Very tempting.

THE BULL: Confirmed Downtrend on $QQQ. Short-term Downtrend on $IWM. No trading until markets turn around. Cash: 95%. Port: $DTCR. Choppy! Great environment to give back all your hard-earned gains. Staying in cash until market turns around. Mismanaged $NAVN prior to ER. Stopped out with decent gain but could’ve used 30min U&R @ open to hold. Disappointing, but lesson learned. Curious to see what effect $SPCX IPO has on current market trend. Looking forward to stocks setting up over the next few months for an easy-money environment at the end of summer. Absolutely love this game!

$QQQ Confirmed Downtrend: Day -4. 3.00% below 50SMA. Distribution Days: 4. RS Phase: No. Traffic Light: Yellow. Fell 2.00% in lower volume with 1% DCR. Inside Day. Expectation: Test 50SMA.

$IWM Short-term Downtrend: Day -1. 3.00% below 50SMA. Distribution Days: 5. RS Phase: Yes. Traffic Light: Green. Fell 1.04% in lower volume with 1% DCR. Inside Day. Expectation: Test 50SMA.

$NAVN Stopped below 20 level — 19.74. Gain to portfolio: 2.88%. Took my eye off the ball and forgot to check futures prior to open the after earnings. Stock gapped down and reversed. Should’ve cancelled stop & used 30min U&R tactic to hold after open. Big loss in future performance. But overall it was a good gain to the portfolio. Oh well. Lesson learned. Won’t happen again.

$DTCR Position: 5.08%. Gain to stock: -1.61%. Gain to portfolio: -0.08%. RS Phase: No. Traffic Light: Green. Fell 2.88% in lower volume with 1% DCR. 4.00% above 50SMA. Inside Day. Support @ 9WSMA/30 level. Expectation: Retest support @ 30 level.

"Trading is a psychological game. Most people think they are playing against the market, but the market doesn't care. You’re really playing against yourself." → Martin Schwartz

$EXTR Very strong stock holding clear levels in an uptrend. Earnings/Sales could be better.

$OKTA $SNOW $DOCN Data center infrastructure theme continues to show strength. In a stronger market, I might've been tempted by these names. Definitely keeping them on a list for when the market turns around.

THE BULL: Mixed trends. Max risk: 0.75%. Max size: 15%. Cash: 75%. Port: $NAVN $DTCR. Choppy environment. Reminds me of the start of this year. Not a risk-on environment. I’ll not be trading much until the market picks a clear direction. Homebuilders/Real Estate, Biotechs/Genomics, Healthcare, Transportation/Infrastructure, Financials/Insurance, Industrial, Basic Materials & Consumer Staples outperformed. Clear rotation into defensive themes. Notable: $MDY $RSP with a wide-ranging reconfirmation of their uptrends. $ARKG with solid price/volume action & support @ 20SMA just above Stage 1 to Stage 2 transition.