Full-time CANSLIM stock market trader, Christian conservative, tennis player, CPA
Mississippi
Joined April 2009
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Steve Swetz retweeted
32 today 🎂
Time is flying. Very grateful for X and all the wonderful people it’s connected me with.
Steve Swetz retweeted
I do not buy range breakouts unless I can align the pivot across multiple timeframes.
When I see a full range breakout setting up, I look for a tight pivot on the shorter timeframe inside that larger pattern. That alignment allows me to manage my risk with a much tighter stop while aiming for the higher-timeframe move.
Without multi-timeframe alignment, a breakout is just a guess.
Steve Swetz retweeted
REVERE WATCH LISTS SOLIDLY GREEN
REVERE AI-100 SOLIDLY RED
ARE YOU FOCUSED ON THE RIGHT TICKERS?
👇👇👇👇👇👇👇👇👇👇👇👇👇
10/24 Weekend Review - Oil closes at 5 month highs, yields drop below 5% on the 10 year. Huge economic week coming with the FOMC, and the feds preferred inflation gauge the PCE. Despite the weakness in AI the many stocks standing out and ready for potential advances including $SPOT $SHOP $RBRK $ZETA $IOT $ZBRA $SOXX testing the 200day / 40W ma's, will it hold? $ADI $TXN and $QCOM are the only semis holding the 50 day ma for now. $IBIT 4 weeks tight on the 10 week MA. Discussion on midterms everyone should be following. Get ready for the week ahead.
Steve Swetz retweeted
Why you shouldn't buy late in a bull market. Get a sneak peek inside IBD's 2026 Founder’s Club and click here to unlock the full conversation: investors.com/fcvegas
Steve Swetz retweeted
Join us again Tonight Wed Oct 21st at 7:00 pm PST with
@sswetz @ThePath2Profit and Amy Smith as a special guest. We'll cover the market from A to Z and give you the best stock ideas. #IBD #INVESTING #STOCKS
#investors #IBD #money Reg link below us02web.zoom.us/webinar/regi…
Here is the link to really cool website that tracks my WOO and provides historical information on the WOO. A friend shared the site with me.
atthespeedofthought.ai/Apoll…
I want to give a big thank you for whoever built this site.
Steve Swetz retweeted
Keep the Chart as Simple as Possible.
2 Main Things to Learn From This Chart.
1. Tight Ranges and Box Breakouts are the best time to enter in any trade, they give explosive returns.
2. Enter new Position or add more only when you have a proper base break.
Read Chart in Detail, Save it, Share it.
I asked Google Gemini the following question: What have been the top 20 best performing stocks since October 2022 with a market capitalization of at least $10 billion?
I got the following list.
Top 20 Best-Performing Large-Cap Stocks (Oct 2022 – Oct 2026)
Rank Ticker Starting Price (Oct '22) Current Price (Oct '26) Return Multiple Primary Industry Sector
1 SNDK $36.00 $1,371.12 37.09x Data Storage & Flash Restructuring
2 PLTR $8.24 $194.15 22.56x Enterprise AI Software
3 STRL $22.68 $423.48 17.67x Data Center Civil Infrastructure
4 MU $51.72 $904.90 16.50x High-Bandwidth Memory (AI)
5 NVDA $12.51 $217.09 16.35x Semiconductors / AI Compute
6 CRDO $11.31 $172.81 14.28x High-Speed Optical Connectivity
7 FIX $103.38 $1,464.07 13.16x Data Center Modular Cooling/HVAC
8 CVNA $4.29 $58.71 12.69x E-Commerce Automotive Retail
9 WDC $25.74 $352.21 12.68x Hard Disk Drives & Cloud Storage
10 APP $20.42 $269.12 12.18x AI-Powered Mobile Advertising
11 SMMT $1.21 $15.57 11.87x Oncology Biotechnology
12 DELL $35.88 $455.44 11.69x AI-Optimized Enterprise Servers
13 STX $54.76 $660.81 11.07x Mass-Data Enterprise Storage
14 RKLB $4.31 $51.36 10.92x Aerospace & Space Launch Services
15 LITE $70.94 $834.51 10.76x Optical & Laser Infrastructure
16 CRS $33.26 $378.51 10.38x Specialty Aerospace Alloys
17 FTAI $15.68 $163.27 9.41x Commercial Jet Engine Leasing
18 ROIV $3.36 $34.71 9.33x Immunology & Royalty Biopharma
19 HOOD $10.10 $96.52 8.56x Retail Brokerage & Crypto Expansion
20 RVMD $19.53 $182.09 8.32x Precision Oncology / Cancer Therapy
I would seriously study the fundamentals and monthly/weekly/daily charts of these stocks so we can identify the next model book stocks.
Steve Swetz retweeted
Join us again This Wed Oct 21st at 7:00 pm PST with
@sswetz @ThePath2Profit and Amy Smith as a special guest. We'll cover the market from A to Z and give you the best stock ideas. #IBD #INVESTING #STOCKS
#investors #IBD #money Reg link below us02web.zoom.us/webinar/regi…
Steve Swetz retweeted
Diary of a Growth Portfolio Manager 100% Cash
We came into Monday Oct. 12 100% long primarily concentrated in indexes and Etf's. We got stopped out of $Mrvl. 90% long.
Tue Oct 13 We got stopped out of $Dell. 85% long.
Wed Oct 14 We had what we call a character change expectation breaker day and sold the majority our longs in $TQQQ, $UPRO, $MAGS, $Nvda and $Hood to go to 10% long and 90% cash.
Thur Oct. 14 we sold the last part of our $UPRO position and our 3% position in $IBIT and our 1% in $ETHA to go to a 100% Cash position where we remain today. We refuse to have a bullish or bearish thesis here as both stances can be compelling. In our view, the trend is down based on our assessment of prices and corroborated by technical indicators. When these conditions change, we will change our view and add exposure. These conditions can change in a day if institutions pile in and a stampede occurs. In the meantime, we will wait and let the market dictate our exposure. Oct. 2025 - Oct. 2026 has been the most difficult period to trade in my career of 39 years even surpassing the internet bubble in 2000-2003 and the great financial crisis of 2007-2009. The good news is after these choppy environments you can make life changing money. This will be no different! Stay engaged.
Steve Swetz retweeted
The Nasdaq broke decisively below key support at its 50-day SMA and 65-day EMA on heavy volume Friday afternoon. The S&P 500 held up somewhat better, closing below its 50-day SMA but above its 65-day EMA. Small caps continued to lead the market lower, with the Russell 2000 closing at yet another lower low to end the week. The Dow held up best among the four major indexes, but its relative strength matters less given the broader deterioration.
Breadth continued to weaken, with 143 new highs versus 460 new lows on Friday. Not only did the major indexes finally break down, but many leaders across traditional growth sectors also succumbed to selling pressure late last week.
Defensive groups—including oil and gas, miners, and utilities—led the market Friday. A smaller group of leaders in biotech, restaurants, insurance, and specialty retail continues to show relative strength. However, if selling pressure persists across traditional growth leadership, the major indexes will likely face further downside pressure next week.
I was finally forced back to cash and will remain there until the market provides sufficient evidence that taking long exposure is warranted again. No one knows how long that will take, so there’s no reason to rush.
For now, cash is king. Keep running your screens, maintain your watch lists, and stay prepared. When the market begins to improve, you want to be ready—not scrambling to catch up.
Link to my WOO spreadsheet which gets updated each day. The WOO ended Thursday. The WOO is now looking for either a follow-through day which can happen 4 days from a rally day (3 days on very, very rare occasions) or when the MMTS signal turns green. The MMTS signal turns green when the Nasdaq composite index closes at least 1% above its 21 day EMA while the 10 day MA slopes up.
There are generally 2-4 WOOs each year. We had one that began on 2/25 which quickly failed. We had a good one that began on 4/8 which turned out to be a great money maker (think MU, SNDK, LITE, BE, DELL). We had another pretty good one that began on 6/15. The last WOO began on 7/31 from a shakeout buy day which just ended Thursday. We may get one more WOO. However, we are now 4 years into the bull market which began in October 2022 so the next WOO may fail too after having 3 successful ones in a row.
My job is to take advantage of each WOO, especially the ones that begin after deeper & longer corrections like the corrections we saw in early 2025 and early 2026. My job is also to not give back much gains, if any at all, when the WOO is closed.
docs.google.com/spreadsheets…
Steve Swetz retweeted
26 years ago, when I was starting with charting/trading and investments if someone gave me this advice, I would thank him/her every single day:
Print this chart. Put it on your desk.
Expand your research/investment universe.
Look for only 1 setup. The setup that is on this chart.
Go and look for this setup, if possible, across 2000 charts.
All your trades will be executed through this basic chart pattern setup.
When you revisit the charts you will be able to identify the setup you traded again and again.
You can thank me later. Don't forget to print it.
Steve Swetz retweeted
"Christ is the wellspring of happiness. He is the fountainhead of joy. Here is the Christian's secret of joy." —Billy Graham