Real estate development, investor, weather enthusiast and family man. My only account has a blue checkmark. Beware of impersonators. No investment advice!
NY/ NJ
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THREAD // How I Invest
1. Successful Investing starts with Education
2. Psychology of Trading & General Rules
3. Essentials of Fundamental Analysis
4. Master Technical Analysis
5. Screening for Stocks
6. Making a Watchlist
7. Money Management
8. Diversification of Accounts
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Avoid following the bag holders on X.
A bag holder is an investor who buys a stock near its peak or as it enters a stage 4 and continues to hold it as the price declines significantly.
Bag holdering frequently results from common cognitive biases, particularly the reluctance to acknowledge mistakes. In behavioural finance, the disposition effect describes the tendency to sell winning positions prematurely while retaining losing ones, a pattern associated with loss aversion and the expectation of eventual recovery.
Bag holders keep adding to the position mainly to “lower their average”, throwing good money after bad.
Own leaders, not laggards!
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The market is not rocket science: growing revenue and earnings lead to a higher stock price over time.
It's that simple.
Don't complicate things. Buy and hold cash cows!
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What's the one vacation or trip that you will never go on again?
For me, that's Disney. I can't stand that place - it's torture.
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NJ Transit, the king of making you late via train, now wants a piece of making you late while flying!
👀Here's the severed fiber line ... the backup to the circuit that failed sending air travel into a tailspin….
DOT blamed Amtrak.
Amtrak blamed NJ Transit.
NJ Transit acknowledges a work crew cut the line - BUT NJT is investigating because it says the utility markings on this project were off by 10 feet.
NJT says 36 of 56 severed fiber lines have been repaired and should be back on line soon
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$FORM - $118.38, the stock is consolidating the past 6 months near the 200d ma as it digests the gains from last summer, a 5x+ run.
Watching
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$IMOS - $61.30, the stock has been consolidating over the past 10 weeks, following a 350% run.
So far, it looks like a healthy breather ahead of another possible leg higher.
Watching
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$MNTN - $11.08, a 3 week pullback towards the 200d ma, healthy so far.
A base above the 200d ma has the potential to setup a new stage 2 run.
Watching.
$MNTN - $13.13
An interesting stock coming out of the IPO drawdown base, back above the 50d and 200d ma's.
Fundamentals are positive and growing.
It develops software platform for performance marketing & TV advertising activities.
On watch
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$SAIL - $19.83, a solid 15% week on above average volume and a nice bounce above the 200d ma from last week's dip.
Looks like it want to start a stage 2 run - it just has to enter into one.
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$IREN - $46.68, right at the 200d ma.
A long sideways base, 12+ months, aka a stage 3 base.
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