scheplick

scheplick

This chart is a monthly chart of SIXV, a Health Care Select Sector Index. Health care... it's jaw dropping how much money pours into this industry and yet the average age of a person in the US is not all that much changed. Nonetheless, maybe that's why it is doing so well - so much money is poured into complex problems! If you want to see a stock related to...

scheplick Updated 

Here's a quick post and chart about GameStop. Remember GameStop mania? I sure do. I have rarely seen such a frenzy grasp all markets from the web to TV and mainstream culture. But that's not the point of this post. The point of this post is talk about how surprisingly strong GameStop has remained. Most people I talk to, without looking at a chart of GameStop,...

scheplick

First of all, I used to always use CL1 as my main source of oil & energy. That measures Crude Oil futures. I think now is also an important reminder about the differences between Crude Oil futures and Gasoline Futures. Before I really get started, let me say I am a big believer in new energy sources. I just don't think it makes sense to dig something up from the...

scheplick

I wanted to hop in the latest TradingView contest and present my pair trade idea. This chart shows XLE vs. TAN. XLE is the mostly oil ETF while TAN is the mostly solar ETF. I think the recent spike in oil made perfect sense because of the supply disruptions, but I have also been following green energy for years now and the simple reality is that the...

scheplick

I had some fun with the chart above. It shows the Nasdaq-100 over the last 24 hours. Yesterday it was spiking, today it was dumping. The amount of money that has exchanged hands in this short trading period is probably hard to comprehend. Hundreds of millions of shares have traded in this short timeframe and even more in total dollar volume. Billions of dollars...

scheplick

Oh. My. Goodness. Today's post is about Netflix. It's down 25% as I type. Yeeeeeesh! So what happened? Well, bad earnings. Again. But here's the thing - this story gets more interesting. I don't own any Netflix, but I am watching it since the well known investor Bill Ackman plowed $1 billion into it last quarter. Oh, and by the way, OUCHY... He's now lost $250...

scheplick

Okay - here's the chart you have to see. This is the S&P 500 divided by the total money supply. We all know there has been a ton of stimulus since Covid to restart economies and get the system moving faster. That has also lead to inflation and other debatable topics, that I won't fully dive into now, but have covered before. More importantly, though, what you...

scheplick Updated 

Seriously kudos to Elon Musk. First of all, the $3 billion he spent on Twitter is actually a pretty small fraction of his net worth. And he recently sold a ton of Tesla shares. I am sure the tax bill was massive. Nonetheless, he took some of his money and pushed the chips all in on the service he loves and uses daily. Musk does not use any other social network...

scheplick

The average cost to fill up a car tank is currently over $50. The average cost to charge an EV is currently around $11. From the data I can gather, this is the widest spread ever between the two. I am actually in agreement with Cathie Wood - and yes, I am aware that a lot of people give her a hard time. Her ARKK funds have been crushed as of lately, and she said...

scheplick

Over the last 20 years, a 10% correction has occurred in about 12 out of those 20 years. The point is: 10% corrections are pretty common. Also, of all of those drawdowns, the average pullback was actually 15%. So not only are 10% corrections common, but they can go to 15% without being out of the ordinary. -20% drawdowns are less common. If you use the last 50...

scheplick

I hope you enjoy my art :) But really, the market has been selling off lately. Volatility is back. The Dinosaur appears! Happy Friday and have a great weekend!

scheplick

India has recently caught my attention as a very interesting region of the world that is growing fast and building fast. Let me be clear, though, that I am not an expert about India. What I am about to write are all the things I've learned doing some research and talking with friends and users online who have been there or live there. The chart I've attached here...

scheplick

So here's your stock market correction update: S&P 500 -5% Nasdaq-100 -7% Russell 2000 -13% Pick your bottoms carefully. I generally think that a -10% correction is a great drawdown point to start entering. But, at the same time, some individual stocks have been totally crushed from Zoom to Palantir and Peloton and more. These big, pandemic, names have been...

scheplick

Here are two charts: The S&P 500 SPY ETF and the Percent of Stocks ABOVE Their 20-Day Moving Average As of this writing, just 14% of all stocks are above their 20-day moving average. Just 14%! That is the lowest level since the Covid crash. Individual stocks are getting hit really hard right now. If you don't understand what I mean, I'll present it differently:...

scheplick

Rivian is worth over $100 billion at the time of this writing. That's a lot of money. BTW, they don't generate any revenue. Actually in their press releases they write that on any given quarter, they expect to generate $0 – $1 million in revenue. But never over $1 million. No more than $1 million. From my research and understanding they are the first pre-revenue...

scheplick

The Russell 2000 $IWM has my attention. Small caps, small towns, mostly domestic, with the main concentration being Healthcare, Industrials, and Financials. Its top 10 holdings are: AMC OVV NTLA LSCC TTEK ASAN CROX SGMS BJ APPS I am not thrilled that AMC is the largest holder. I get it and see why movie theatre are mostly domestic and fit the small cap...

scheplick

I often find it interesting the ways media and markets work. These big media events may happen in a country or around a specific company, and suddenly, they are the spark that alerts people to the move or the potential. They are the catalyst before the move. The spark. Even Squid Game on Netflix and how that relates to South Korea. Take a look at South Korean...

scheplick Updated 

I generally like trend lines because of the basic information that they convey - a trend. A trendline going up and to the right suggests the trend is upward! A trend line going down and to the left suggests the trend is downward! You don't need to overthink it. BUT you also have to remember that if you chose to trade a trendline you need to be willing to sit on...