jeromepower

jeromepower

Currently up 36% on DOW 06/18/21. I still see some more upside as we approach earnings. To the moon we go! Pattern recognized: Running flat ABC Hypothesis: Bullish sentiment ***This does not constitute financial advice.*** If you like what you see why not support me? 👇

jeromepower

Whats the opposite of going to the moon? Berkshire Will likely drop after earnings. Got my eye on BRK.B 06/18/21 220 P ***This does not constitute financial advice.***

jeromepower

Impulse correction impulse. Bear flag followed my a fractal LDC. Looks bullish to me!

jeromepower

This could be a great earnings play! I have my eye on BKR 05/21/21 26 C. Will be opening a position Monday. Dividend yield is hefty, but the beta more than makes up for it. I try to avoid dividend yields over 2% because it can exert downwards pressure on the price. Whats more, when a stock goes ex-dividend the stocks falls by the amount of the dividend which ...

jeromepower

This is an example of a beautiful running flat. Normally I would buy calls on this stock; however, they're too pricey for my liking. This is an example of how the stars don't always align. Trading is a science, but not a perfect science.

jeromepower

This will as earnings approaches but will tank shortly after. XLF is in a major correction. Intermarket analysis👇

jeromepower

Although this pattern looks bullish. It might not take call options on it because the beta is low. It might not even be worth my while. Reminder, my trichotomy is comprised of dividend yield < 2%, beta >1 and mkt cap > 15B.

jeromepower

More LDCs on tech stocks. This reinforces my hypothesis about markets being green next week. Prepare for the big long! Intermarket analysis👇

jeromepower

So If I don't use indictors what do I use? Answer: LDCs (lower degree corrections). Whats that? LDCs are essentially fractals that can be used as confirmation for buying and selling. Intermarket analysis 👇

jeromepower

LDC forming on the 15 min. If we retest the support I'll look for calls. I think markets will bounce back up now. The uncertainty is down (vix down) and yen pairs look bullish. XLE (bullish)👇

jeromepower

Potential bear flag on APTV. If we break the 0.236 fib level, I'll look for shorts.

jeromepower

I know I've said in the past that I aim for stocks with a market cap of 15B higher. However if the dividend yield is below 2% and the beta is greater or equal to 1, I can compromise.

jeromepower

You know your forecast is on the right track when you start seeing several fractals on lower time frames.

jeromepower

I know I sound like broken record, but here is another well established pattern. This pattern is called a regular flat Elliot correction wave. According to my inter-market analysis all tech stocks are looking to go up higher. I'm seeing a similar fractal on the majority of stocks. The vix is cooling off and Japanese yen pairs are bullish. To the moon we go!

jeromepower

This is an example of a well established pattern. More specifically this is another running flat Elliot correction. With a fractal in the middle, sometimes the fractal in the middle will tell you the shape of the overall correction.

jeromepower

This could be a big earnings play. I'll wait before entering a call positions. Last time I was way too early.

jeromepower

Heavily oversold in my opinion. My Jan 2022 calls should start paying off soon. For those who are curious this is a running flat Elliott correction wave.

jeromepower

Banks dropped after the drop in TNX. Markets are starting to align perfectly giving more credence to the my hypothesis that we are gearing for the big long. Most sectors of the SPX500 are looking bullish.