Former U.S. equity market neutral hedge fund manager specializing in RSI divergence patterns. Navigating markets with precision and patience.
Fort Lauderdale, FL
Joined February 2018
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Be Divergent retweeted
Western liberals imported the third world into France and other countries in the name of diversity and compassion. They ignored fundamental questions of assimilation and compatibility. They were told it would lead to this and they didn't listen.
I pray that France, a beautiful country of amazing people, will stop this madness before more of its landmarks burn.
And I hope Americans are paying attention. This is the future congressional Democrats seek for your country.
Nice pullback since. Lots more to go.
⚠️ WARNING ⚠️
We're seeing MAJOR negative breadth (bearish divergence) with $SPX $SPY $NDX $QQQ at all-time highs, and the internals are weak. Transports $TRAN, Banks, Small Caps all under pressure (below their 200d MAs) while mega-cap tech carries the tape! Leadership is narrow. This is a fragile advance, not a healthy Bull Market.
Today 3/4 of $SPX components fell today and decliners swamped advancers on both NYSE and Nasdaq. Over a longer window, less than 1/2 $SPX stock are above their 200d MAs... and keeps getting worse since August. McClellan Summation Index also signaling a bearish divergance against the S&P500.
Breadth is NOT confirming price. Mike, when do we start building our BIG Short 2.0 positions? I'm in @michaeljburry
⚠️ WARNING ⚠️
We're seeing MAJOR negative breadth (bearish divergence) with $SPX $SPY $NDX $QQQ at all-time highs, and the internals are weak. Transports $TRAN, Banks, Small Caps all under pressure (below their 200d MAs) while mega-cap tech carries the tape! Leadership is narrow. This is a fragile advance, not a healthy Bull Market.
Today 3/4 of $SPX components fell today and decliners swamped advancers on both NYSE and Nasdaq. Over a longer window, less than 1/2 $SPX stock are above their 200d MAs... and keeps getting worse since August. McClellan Summation Index also signaling a bearish divergance against the S&P500.
Breadth is NOT confirming price. Mike, when do we start building our BIG Short 2.0 positions? I'm in @michaeljburry
$NKE Strong (long term) Buy ✅
Be Divergent retweeted
It has arrived.
The next 18mo will be wild.
The AI Singularity
The argument goes like this:
1. Humans build an AGI.
2. The AGI becomes good at AI research.
3. It designs a smarter AI.
4. That smarter AI designs an even smarter AI.
5. The cycle repeats faster and faster.
Looking at the results and capabilities from the various labs over the past few weeks I would say we are firmly in this loop now.
The next 18months will be wild.
Recursive self improvement will dramatically increase capability very quickly from here.
Marginal costs of all models will go to ~$0.
30YR T-Bond /ZB weekly chart at a double bottom, with Bullish RSI ddiveregce setup on the daily.
Expect the unexpected - with rates going lower from here $TLT
Classic value trap reminder 💭cyclical companies (ex. semiconductors, industrials) often look “cheap” on trailing P/E at the peak of their cycle, but earnings then collapse….
Ballsy $QCOM bet at the 50d SMA. Pass
$GLW Bearish RSI divergence setup if you're trying to follow this CALL flow into the resistance line ⚠️
Just wow 👏👏👏
This is the trade of the year.
$56M $MU Calls bought in March are now worth $2.2 Billion.
These Calls expire today at All Time Highs 🤯
