BenedekBokor

25:02

BenedekBokor

In short: • breadth is improving • small caps are leading • lots of setups and the numer increased from the last weeks • the list of breakouts is expanding each week - there is follow through coming in • supportive economic data this week

33:35

BenedekBokor

This weekend I pulled up the sleeves and did a lot of post-trade analysis to realize what my biggest weakness was in trading: situational awareness. I developed a market timing model, backtested it on my own trades and on the market and the results were shocking to me. If I had only been trading in good periods, I would have already been profitable. This is...

41:00

BenedekBokor Updated 

This week I do a deeper dive into all the things I look at, outside of the regular trades. Summary: • overview of my strategy, experience, style • large cap tech is driving all the performance, seems quite overbought ( NASDAQ:QQQ , AMEX:SPY ) • market breadth keeps worsening ( INDEX:MMOH , AMEX:IWM ) • interest rates ( TVC:US10Y ) have dropped, which in my...

17:44

BenedekBokor

Talking about my mistakes, observations, following rules, being systematic vs discretionary and just generally whatever comes to my mind. I do ramble a lot

23:10

BenedekBokor

Usual stuff, watch my videos at 1.5x speed NASDAQ:INOD NASDAQ:NVAX NYSE:TDW NYSE:OSCR NYSE:RDW AMEX:COHN NYSE:MEC NASDAQ:SEZL NASDAQ:MGNI

17:36

BenedekBokor

Just going through the usual updates. I'm mostly doing these videos for myself kind of like a trading journal and also to look back on it later whether I was right or wrong about some things. I don't have notes and I completely improvise it so I probably misspeak sometimes, also that's why there's no structure to what I'm saying, I just talk about what comes to...

22:55

BenedekBokor Updated 

Going through the usual stuff, my portfolio, performance, losses, mistakes, good trades, lessons learned and opinions for the next weeks. First time I make it public though and I plan to keep doing it weekly

BenedekBokor

AVGO, after forming a 4 month flat base last year, broke out on big volume . After reaching its peak around 285, it's been struggling for 2 months, coming back to the breakout level. Then it finally gave up and plunged through the breakout level on big volume . After coming back from the bottom of the previous base (on really low volume ), it tried to break out...

BenedekBokor

After having several distribution days in the last half a year, with the beginning of 2018 the Nasdaq has further accelerated from its usual uptrend, only to have a sharp 10% decline with volume increasing. It broke the previous highs later, but on miserable volume, followed by other high volume selloffs. The recent rally back to the 50 day Moving Average is also...

BenedekBokor

GOOGL has become increasingly volatile in the past few months with aggressive sell-offs with large volume becoming more frequent. The 1009 level seems to be the neckline of the forming Head & Shoulders pattern. The recent stock rally with significantly decreasing volume doesn't add to the optimism factor. What do you think?

BenedekBokor

AMD 's RSI has been decreasing since 2016 December, and its price seems to have formed a head and shoulders pattern. It had some serious price drops with large volume after its left shoulder and head, breaking the 50 day moving average. After forming the right shoulder and undercutting the 50 MA, it showed a churning day ( high volume during the day, but no...

BenedekBokor

TSLA has been struggling the past half a year, with its RSI decelerating, forming a double top on its peak, followed by aggressive sell-offs on big volume. It seemed like it was trying to form a W shaped double-bottom pattern, but it failed to breakout twice, then reversed and broke the 297 support level, moving further down from the 50 and 200 day Moving...

BenedekBokor

BABA increased +160% since it broke out of a cup with a handle pattern in 2016 July. Its RSI started decreasing a year after, but its price continued to increase until this January, signalling a bearish divergence. It seems to be forming a head and shoulders pattern on the weekly chart, we'll see if it can form the right shoulder. On the top, it formed a dark...

BenedekBokor

TTWO has had an amazing run (1650% from 2012 bottom until 2018 top), however, since May of 2017, its RSI gradually started declining, while its price kept on moving higher, showing a bearish divergence. It reached a top in November, which it could break for the second try in January 2018, but on a significantly low volume, which would be needed for a continuation...