Chapters
00:00 Intro: The Bulled-Up Podcast
00:30 GP: Bullish on the Process
04:39 Ben: The Lost Decade Theory
05:39 GP: Re-Evaluate Your Holdings
07:40 GP: Nvidia's Full Reset
09:42 Ben: Fintwit Is All Bears
11:17 Nick: 2020 Conditioned Traders
12:18 GP: The Mega-Cap Catch-Up Trade
15:25 GP: Distribution in the Safety Names
16:57 Ben: The QQQs' RSI
18:34 GP: Treasuries Aren't Your Catalyst
20:11 GP: KRE and the XLF Held
22:47 Comparing Bottoms
26:23 GP: Netflix Leads
27:58 GP: Alibaba and Tesla
29:32 Amazon's Catch-Up
31:40 GP: Small Caps Six Months Out
33:46 Nick: Miners Over Gold
34:16 Ben: Gold or GDX
34:47 GP: Gold Should Have Led
35:47 Nick: Tesla, AutoNation and Roblox
36:50 GP: ARK's Flag
38:24 Zoom, Roku and Exact Sciences
39:28 Ben: Rebalancing Into TQQQ
41:01 GP: Invest in Yourself
45:40 Ben: Bitcoin's Monthly Doji
48:25 GP: The Ichimoku Cloud
50:27 Biotech's Shake and Bake
51:30 GP: Dr. Copper
54:05 Natural Gas
54:36 Nick: Energy's Moving Averages
55:37 GP: The XLU's Distribution
56:42 Homebuilders and Transports
57:43 Nick: Solar Names
59:13 Netflix Leads, Again
59:45 Nick: Tesla's Measured Moves
1:01:17 Ben: Boeing and the XLI
1:01:48 Wrap-Up
Market Hours #61 went out live on Sunday, March 26, with Ben, Nick and GP. GP said he's bullish on his process and called the move in Apple and Microsoft a mega-cap catch-up trade, not a sign of an unhealthy market. Ben said fintwit is almost all bears. The hosts made their picks, from Netflix, Tesla, Alibaba and small caps to the gold miners and ARK. Ben shared his rebalance into TQQQ, and Nick finished with Tesla's measured moves in both directions.
Nick's setups, levels and trades
Nick said "I think people that began their trading career... in 2020 are going to struggle," because "2020 really conditioned a lot of people into thinking that like everything moves in the same direction." This "already is a... stock Pickers Market." "I like the miners better than gold itself," and "fnv and rgld were the two that I was kind of eyeing." AutoNation is "about the 200 day," with "kind of a double bottom there." "Tesla's definitely my favorite." On Roblox, "Buy on any dip to like the 30s and just wait wait a few years," and "I'm in it I'm not trading as much." Hess "broke a kind of a long-standing trend line that began at the 2020 lows," and "I need Mas to be stacked already for me to enter." The ETFs "could even very well be range bound." Among the solars, he likes SolarEdge and Array more than Enphase. On Tesla, "we're sitting right now is basically at a retest of the neckline." If it takes out "that 100 102 whatever pivot low I have a measure move down to... 70s," but if "we go higher take out that 220 level I have a measured move at like 360." "My only problem with Tesla is if you're doing options the premiums are through the roof at all times."
Ben's setups, levels and trades
Ben said "I brought up the theory of the Lost decade," and even in a sideways market, "there's opportunities," as long as "you want to try to catch those dips." Scrolling through his feed, "maybe 10 I'm being generous had anything other than a bearish thesis." "The market can climb the wall of worry." On the QQQs, "look at just look at the q's RSI like it's... freaking 57." "I'm with you GP I've been the... waited out guy for months now." On gold, "it looks like it's got some negative D here on the RSI," and "why buy here when you can wait for the breakout," while "the GDX like looks more constructive." "I took the opportunity to make some moves over the past few sessions," and he made a big bet on TQQQ "just because I... think we still have that upside to go." "I'm kind of bulled up right now," and "I want to thank Mr market for giving us the opportunity to reconfigure and rebalance." On Bitcoin, "above the monthly 21 is like 27.6," so "it's really hard for me to be like Bitcoins retesting new lows anytime soon." "I don't like" Boeing, "and I still don't like the xli."
GP's setups, levels and trades
GP said he's bulled up "on my process." "I didn't start buying to like end of April May," and "I'm happy with is I didn't buy the top." "It's still an individual name story that are going to outperform," and investors should ask of their old holdings, "is this the stuff that's gonna come back." "Nvidia went all the way down to 110," and the "trend already changed back in October when it failed the breakdown." "If you were stuck in your macrothesis you just missed out on 142." The mega caps are "playing catch-up to their counterparts," because the high-growth names "have already had their initial moves out of the lows." The XLE, XLU, XLP and XLV "are all in their distribution cycles," and "the risk to me is not being long in this market." "U.S treasuries aren't your Catalyst." The XLF held "2008 highs yet again," and "this is a 13-year consolidation." "If there's a crisis this is what happens you don't get any pivots or stops you literally just die." Netflix "leads it never follows," and "it's going to 3 30." "One of my favorites is Baba," and "I just know it's going higher."
On Tesla, "I still see people calling for 25 on Tesla," and "I think it could faff around for a couple weeks before it makes a move higher." "I think the small caps are going to get pretty explosive here," and "I would be surprised if this saw under 170 for a significant amount of time." "I really like where this can go six months out." On gold, "you would have expected gold to lead," and "it's like just wait for all-time highs." ARK went "29.43 up to 45," and "if Tesla starts to break out guess what's coming with it." "I still like" Roku. "The next five to ten years is probably going to be a better time to invest in yourself" than in the markets. On the ichimoku cloud, "when it does get through those weekly red clouds it becomes really powerful," and "I'm anticipating like May May June breakout for Netflix." Copper "has been the leading indicator in our markets for... a really long time." The XLU is "probably the most clear indication of... distribution."
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