Here’s a Part of Exodus You Probably Never Knew Existed

For about a decade my readership has labored thru some of my blogs — talking shit about oversold signals and how Exodus has been able to time market bottoms. While true, this isn’t the only algorithm worth exploring.

Over the past year, I’ve grown quite fond of our overbought signal — not for its men reversion properties — but for continued momentum.

I am sending out an Exodus pro-tips email about this very thing next week — but here’s a portion of the material for your education now.

The algorithm that I am going to show you looks for stocks in a very strong technical position that have a history of breaking out further to the upside. The contents of tonight’s screen contains 22 stocks, of which the portfolio of names have traded higher 85% of the time for a very strong average return of 6.4% over 10 days.

Systemwide, overbought signals, in fact, outstrip the oversold — in terms of making accurate predictions for the direction of the market.

Exodus members can find this screen here.

This headline might result in the thought police on Twitter banning my account — but that’s fine, because it’d be worth it. How many times do I need to remind you that being a contrarian is being a fucking asshat? How many times do I need to remind you that NOTHING can stop the madness, not Trump, not China, and certainly not Turkey.

The math was simple. If a trade war with China could not stop stocks, why the fuck did you think a shithole like Turkey could?

Please.

FREE MONEY ALERT: Buy GWRE here an sell for the hundy roll thru $106. I have no position.

In summary, I sold BILI and YEXT today, bought PCTY and raised a little cash. I have several irons in the fire, none of which are so hot they must be removed from said fire.

The stock Gods are nothing, absolute shit. I spit on them and mock them all the time. I say this because I am invincible and nothing can stop my trading progress, which is both supreme and glorious. Everything you think you know about the market, I already know. Tomorrow I will make even more money, and the stock Gods will be laughed at and spit upon again.

I think YEXT goes higher — but Exodus has it flagged overbought now and the last two times YEXT was OB — the stock did nothing. My heart want to stay long — but my brain demanded I take the 11.5% profit and jog on.

Not doing much, other than minding my crops. I’ll keep you catamites posted if anything should develop.

Quick alert on the Manafort trial: the defense rested without attempting a defense and will only appeal to jury in closing statements. Any lawyerFAGS out there care to explain this retarded strategy?

Ninety percent of my picks derive from one simple screen in Exodus.

And it’s this.

I search for tech stocks within 1% of intra-day highs, up 2% or more for the session, graded by tech algorithmic score. The idea behind this screen is to find those hammers — stocks with momentum that are being bought by swing traders. Since I get them early, I am able to front run slow bros and attain excellent fills.

As an aside, I stepped in and bought PCTY today — for the winship of it all.

What sort of ridiculous country is named after a poultry? Their currency is higher by 5% and markets have responded in kind.

I dodged a bullet by selling SWCH ahead of earnings. The reason why I sold it is because they’re not SAAS. Therefore, without the Bernie Madoff model of ‘predictable revenues’ — I had little to no confidence that some little company called SWCH could do anything impressive — so I sold it. It’s as simple as that.

I only play SAAS earnings — period.

I’ve got a few runners today — such as YEXT, SHSP, COHU, and NTNX.

I am the best and champion of the stock exchange.

In other news, I sold out of BILI for a very harsh 9.5% loss. Stops are stops — got to respect them and adhere to them. Zero exceptions.

Turkey cannot stop the feast we’re about to enjoy.

I sold SWCH — because they report earnings. I booked a 2% win there. My quant fund was down a tenth of one percent. My active account was fine, as I have a triple sized position in HUBS, double in both ZEN and TEAM and they haven’t gone lower today. In other words, I am invincible.

Today was merely a sandwich opportunity day. I hope you slept thru the drama and ignored the tweets hating on Tesla. Markets will resume their merry ways higher tomorrow — you can bank on that.

I’m a little upset because I missed out on this NANO trade. Other than that, I had a fun day watching people play themselves retarded.

This is what you call nothingness — the part of the narrative where no one cares. Apathy has set in and prices continue to plunge amidst the declines in foreign currencies.

More severely than the Turkish Lira is the new lows being endured by India’s rupee.

This is more or less an obligatory post, as the entire crypto complex falls endlessly into the $200 million pit. It looks like John McAfee will be eating his own dick soon.

Everyone was supposed to get rich, replace the dollar and the investment banks — drive lambos to their favorite avocado toast stores; instead, they got the black flag. Surrender wasn’t accepted. The bayonet was generously given and now the HODLers are in ruins.

This is an ageless tale that will repeat itself for the rest of eternity, the juxtaposition between greed and zeal.

According to experts, once the Lira breaks 7 to the dollar, capital calls for Turkey’s largest banks will take place, which should start a sequence of events that will culminate the end of days…once again.

Well, we’re there now and stocks don’t like it one bit.

Look at that shit — Dow Jones down a whole hundred and shit.

WTI is off 2.3% and ETH is off another 7.5% — because apparently all of Turkey is long ETH.

Market wise — there are pockets of strength in healthcare and tech. Go eat a sandwich.

I took profits on VRNS and NEWR, banking 4% and 5.3%, respectively. With some of the proceeds, I bought VEEV. It just broke out and now can enjoy the open air as it run naked throughout the green fields with flowers in its fucking hair.

Price target is higher than current price.

Turkish markets are off by 3.6% now, yet our Nasdaq is spiraling higher. Their currency is plummeting by 7%, teetering on the brink of destruction, yet Amazon is at all time highs.

NOTHING CAN STOP THIS TRAIN FROM STEAMING FORWARD.

It’s important that you understand the situation we find ourselves in — the moment in time when literally nothing could get in the way of extreme hedonism. Everyone is rich…finna get richer (extra cringe).

Chart of the day is SPOT — a dunk shot for $200.

Top picks today: SPOT, ZS, VRNS, ZEN and SONO on this dip.