scheplick

scheplick

Lately I've enjoyed watching the Total Market Cap of Crypto vs. the market cap of Apple . Earlier in the year, you would be surprised to hear, that the total market cap of crypto ACTUALLY surpassed the total market cap of Apple . That's right... the entire crypto landscape was worth more than Apple for a brief moment. But why does this matter to...

scheplick

These two charts show the S&P 500 and the Total Market Cap of all cryptocurrencies. I've put them side-by-side using the multi-chart layout feature. They are set to monthly candles. So each candle represents one month of trading. For August, both stocks and crypto had an BOOMING month. I am a bull in general these days, BUT I do think things are moving fast....

scheplick

I find this chart to be quite remarkable and interesting. I love using chats to reflect back on history and time to see what happened, where we were and now how far we come. This chart is a perfect example of that. What I have here is a chart of the VIX or the Volatility Index. I have it set to a weekly chart and what I am doing is just mapping out a few key...

scheplick Updated 

I am pretty fascinated by the Coinbase IPO and watched it closely today. I did not trade it or buy or sell it. I just watched. The market is really something else today. AirBnB and Coinbase are $100 billion companies. They are suddenly 1/7th the size of Tesla or roughly 1/15th the size of Google. I have no doubt these are amazing companies, but the valuations are...

scheplick

Hey everyone, happy Friday. I wanted to quickly publish this simple chart of a stock I've been watching. First of all, never, ever buy or sell anything without doing your own research. I am simply sharing this for fun and to see if anyone else is watching this really significant level on Apple. The epic 200-day moving average! That's the blue line. Apple is...

scheplick

The two charts here show the Dow Jones Industrial Average and the Nasdaq-100. The Dow, as you know, is 30 of the largest multi-national companies. The Nasdaq-100, on the other hand, is mainly an index for tech stocks. The largest tech names and it is heavily weighted in that direction. Recently, something happened: The Dow broker out to new all-time highs and the...

scheplick

First of all, dips happen all the time. There are always pullbacks in price and they happen for various reasons. Here’s a checklist I quickly wrote down for myself. The chart here shows Square, mostly because it has been on an epic run! Congrats to those who have enjoyed it. I was once a proud owner of this name, but sold after it seemed to get a little "frothy." ...

scheplick

Tech stocks have been on a massive run for about a year now. They have bounced with speed off the March lows from last year's crash. It has been nothing short of remarkable. The shift from online and COVID-19 was sweeping and overnight. To some degree, it was probably great we did not that now rather than later. An overnight technology shift like that just may...

scheplick

Here's a trade idea that might be interesting. Although I may also be late to the game as both assets have moved considerably the last week or so. Maybe wait for a better set-up, but the idea is short Facebook and long Bitcoin. What the heck? Who would do that? What's interesting about this trade is peak centralization and peak decentralization are head to...

scheplick

I was surprised to see equity markets off to such a bullish start. Really. I had to see it for myself. So I made this chart. The Russell 2000 is up 15% YTD. WOW. 15%... Already. Imagine how that might look at an annualized rate - say if it rises another 15% next mont, and after that. We are talking about a 180% return in 12 months. That is unheard of in markets....

scheplick Updated 

I wrote this post today to share my thoughts on what I think is a really interesting mental framework to use when thinking about trading or investing. I hope this post helps people make better decisions and I personally have made all of these mistakes. Yes, like many, I have lost on bad trades or investments, too. It's a reality of markets. Okay let's get...

08:01

scheplick

This is a video I made showing how to make a really simple chart on TradingView. We create a chart with a simple line, all white background, and easy to see scales text. The purpose is to customize it to fit our look and feel.

scheplick

In this simple chart I plot the price of two assets: Amazon and Shopify. I am looking at their percentage performance over the last year. Sometimes a simple chart like this is all you need. Who is performing best on a 1-year basis? The market is very competitive and companies are always vying for market share. The battle between Amazon and Shopify is one to watch...

scheplick

I just wanted to add a few events to a chart of the S&P 500 and share some quick thoughts about them. The first and most obvious is just how strong this bull market has become. It's more than doubled its highs from the DotCom Bubble and the Great Financial crisis. The 2016 election and the COVID-19 crisis both barely put a dent into the price action. It is...

scheplick

I am looking at the distance of the Nasdaq-100 from its 200-day moving average. I am looking as far back as 2015. What we see here is something slightly historic... it's the most extended it's been from its 200-day moving average in a long time. I examined the chart and the last time the distance from its 200-day MA was above 30 for a long period of time was...

scheplick

The market is in full bull market mode. There's a lot to suggest this, including the amount of money SPACs have made. Multiple expansion is also a major talking point and I will get to that further on in this post. But one thing is also very, very true. And that is the rise of stocks, like Airbnb, that are signaling market moments rarely seen in history. Airbnb's...

scheplick

I think the Salesforce acquisition of Slack was genius. Why? They now have access to all of Slack's clients and companies. They can integrate all Salesforce products into it and go right after them to upsell them Salesforce products. This is a great attempt by Salesforce to keep growing revenues. However, there is more to this story... Before we get to the bear...

scheplick

The US dollar continues to get weaker and weaker. You see it in the news and on financial research across the world. It's weakening especially relative to other currencies and even emerging currencies. How long can this go on? What's next? Where would you rather put your money? The key to understanding the US Dollar and its weakness is the expected push toward...