BenedekBokor

19:54

BenedekBokor

• bulls are back • my breadth indicator finally showed a buy signal on Friday, indexes have retaken key moving averages after a month of consolidation • seems like a healthy correction and we have all the reasons to have another leg higher • would note that I'm still minimally invested and have only 2 positions, keeping size small, until I see more traction • in...

09:31

BenedekBokor

• Nothing exciting, staying in cash, not looking to enter any longs • Significantly downsized my position sizes and average losses, which improved my RR. Taking gains and losses early if anything • Commodities are the clear winners, so I'm glad that a large portion of my passive account is there, good hedge

22:41

BenedekBokor

• ended up flat for the week, despite a lot of trades, was up to 100% invested on Thursday, but ended up back to 17% • still cautious, the market might put breakouts on hold and we can see a correction • there are a lot of setups, good setups even, but I expect the fail rate to be very high going forward, until the market broadens out • the market is still led by...

25:44

BenedekBokor

• still only 14% invested, the week was quite bad, most stocks sold off • however, some stocks, especially space names, tech and retail are holding up very well • given we are quite oversold short term and we could get an aggressive rebound next week, these stocks might be good breakout candidates • will still stay small in terms of position sizing (5% max) until...

22:14

BenedekBokor

• only 21% invested, got shaken out of most of my positions • large bad trades this week cost me almost $300 or 10% of my account • I will not put large positions again in bad and worsening market breadth environment • watchlist is the shortest it's been in a while, setups are not the best either • most setups are in finance names, I think they could be leaders...

12:34

BenedekBokor

• extended markets? ✓ • breadth worsening? ✓ • market timing signal showing a sell signal? ✓ • been steadily reducing leverage because I'm expecting a short term pullback? ✓ That's the perfect time to go all in on all the stocks that are hitting your alerts today! Especially stocks you have no idea about but they all seem to be moving together! It must be smart...

30:35

BenedekBokor

• going through my portfolio performance in detail, seeing positive signs in my RR trend, steady losses, but large gains recently • consumer discretionary and retail are extremely strong. could be a signal for a continued bull market, didn't mention in the video but last week's economic data shows continued strength in consumer spending and increase in wages,...

17:31

BenedekBokor

NASDAQ:NNE is reporting earnings today and I have a large long position. It could go either way. Also have NASDAQ:LX and NASDAQ:API working out beautifully, but concerned about the market being extended short term, so I did some risk management tactics on some of the weaker movers in my portfolio. It always happens that when I have 1) a generally extended...

34:06

BenedekBokor

Small caps are taking the lead again, consumer discretionary, finance and energy names are the strongest. These are all healthy signs. Interestingly nuclear names ( NASDAQ:NNE , NYSE:SMR , MIL:NUCL ) are showing high relative strength. China names might also start working again next week after a nice consolidation for ~2 months. Over a third of my passive...

20:14

BenedekBokor

Very sharp pullback, would like to see a longer consolidation and volatility drying up for a few days or ideally weeks. Then we could see some amazing setups from these recent big moves up. Finance and energy are clear leaders.

16:35

BenedekBokor

Insane strength, missed most of my opportunities so now it's probably too late, also don't see any new setups as everything broke out that had to broke out. Expecting a sharp pullback, so remaining cautious. Nice gain I made on NASDAQ:APP

33:45

BenedekBokor

Just follow your rules and not trade! That's what I should have been doing. But well, since I'm a bit addicted to trading and have a fear of missing trades, I'm acting on every signal which is costing me money. Overall not much to talk about as the market is quite weak, lots of failed setups, reversals, breadth is the worst in a while. Lots of earnings coming up...

24:37

BenedekBokor

Back in cautious mode as most indexes were poor, as well as breadth and got shaken out of the majority of my positions. Earnings are coming up which could bring some fuel into this waning rally. Or completely break it down, who knows. Whatever happens, I'm only 10% invested, so not risking much.

34:07

BenedekBokor

All stocks that I follow are doing well. So much so that the stocks worth buying have probably already broken out and the following weeks only the laggards are going to catch up. Luckily I have some pretty nice positions in the leaders. Unfortunately I also have some laggards that didn't go anywhere, so I already took some off from them on Friday. Will probably...

29:46

BenedekBokor

With Friday's close the situation looks quite positive. Especially the breakout on $MDY. Some solid setups, still mainly on healthcare stocks. Follow throughs have not been the strongest in the last few weeks so I haven't made any progress in terms of gains. Would be nice to finally catch a nice big winner. Only 13% invested but looking to scale up in the coming...

10:28

BenedekBokor

Have not been that consistent due to travel, also didn't have much time to work on my trading but things look generally healthy in the market, so I'm looking to scale up on breakouts. Nice to see my MIL:EXXY and AMEX:XLE ideas working out

23:46

BenedekBokor

• equities positive after rate cuts, but • NASDAQ:TLT sold off and energy was the best performing sector this week, along with other commodities, might signal expectation of inflation picking back up and the FED having to keep rates higher • the 50bp cut is also something that would be fueling inflation, as long as the economy doesn't go into recession • changed...

21:34

BenedekBokor

• strong rally ahead of rate decision week • breadth has improved, lots of breakouts, but many of them are coming out of wide & loose and incorrect bases • not the most constructive sign for my strategy • currently at an inflection point, the market next week will either have a strong rally or completely fail this rally attempt • will remain cautious and not buy...