JM Trader
510 posts

JM Trader
@jmiketrader
Business owner and manager. Part-time investor (swing and position trade). Stocks & Cryptos.
Canada Katılım Nisan 2014
415 Takip Edilen101 Takipçiler

I honestly don't understand why this is allowed.
Someone please explain this to me like I am 5 years old.
unusual_whales@unusual_whales
BREAKING: Nancy Pelosi and her husband have purchased up to $5 million of Nvidia, $NVDA, call options with a strike price of $120 and expiration date of 12/20/24. You read that right. They purchased leveraged bets over a company they legislate.
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@unusual_whales The money should go back to a fund to give some money back to those who lost
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Numerous politicians have yet to give back the FTX customer funds donations.
This was brought to light by Unusual Whales.
See the full list below. Read more: unusualwhales.com/politics/artic…
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@GerberKawasaki Peanut butter is a luxury in many countries, still lucky. Would say only cheapest bread
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$396k trading profits for October.
Will post full detailed review with my journal + analytics from @TradeZella this week🫡

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@CiovaccoCapital Looks like this support line could fail. Financial conditions don't look good
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One major chart pattern I'm starting to recognize is the "Major Sell Bar", which usually marks a short term top after a strong uptrend.
You study any of the names that came off the '23 bottom and ripped, you'll see they all have shown this type of subtle distribution while at or near highs.
$NVDA:
8/24 sell bar marked the high we've seen for past couple of months, which then turned into multiple lower highs and lower lows.
$TSLA
The Major Sell Bar high marked a key area of resistance in the September rally on Tesla. Since then we've seen lower highs and lower lows.
$AAPL
Broke the lower trendline in the beginning of August with a couple of Major Sell Bars...
$AMD
Remove MAs & all other indicators = more clarity on what price is doing.
Note the Major Sell Bar in June, which marked the high for the year. Highly doubt we make it back there unless major gap up tonight on earnings.
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The big takeaway:
Gap ups on volume = accumulation
Major Sell Bars near highs = distribution
Learning how to spot the difference, then applying rules based on these chart patterns, will only add to your edge in the market
$STUDY




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@jd_tradez Congrats! 👏🙌 Would love so much to watch trades recap of this month on a YouTube video
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Big News! Very Excited for My Next Chapter ! Look forward to
having you all join me on the journey
ITM Trading@ITMTrading
🚀 Big news at ITM Trading! We’re excited to welcome @DanielaCambone as our new Director of Global Media! 1/
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@TrendSpider I believe usually beyond tests of a trendline it's failing to support. I would say no
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@tradingview Great post, wish you provide for each and single earnings or significant ones
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Netflix $NFLX is popping.
Here's why:
- Added about 8.8 million net new paid subscribers.
- Raised two of their plan subscriptions by 15% and 20%.
- New $10 billion share buyback program.
- Beat EPS and revenue estimates for the quarter.
- Plans to spend $30 billion on content within the next two years.
- Free cash flow is expected to rise from $5 billion to $6.5 billion.
This would be Netflix's best earnings report in over a year.

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@jmhorp @sspencer_smb You pay not much taxes compared to Canada and Quebec Province
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Where in the heck do they get a *median* federal income tax rate of 24.8%?
The *average* rate across all taxpayers was 13.6% in 2020. Median will be much lower. Even for the top 50%, the average was 14.8%: taxfoundation.org/data/all/feder…
Libertarian Party@LPNational
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@ElonMuskAOC Black Background, all my apps are on dark mode, but probably the exception
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