How I Find A+ Swing Trade Setups | Market Analysis & Top Themes

So, let's go ahead and get going. Um, welcome everybody to another live market analysis. Uh, today we're going to walk through my full weekend routine uh looking at uh the general market and its trend. We've got some uh very interesting things to cover uh with that regard. Let me just bring up the cues uh just to show u quite some interesting action here. Um we'll talk about leading themes and how to find them. um you know and how to have a quick routine that does just that so you're focused on the right areas of the market. Uh we'll discuss the uh market leaders and mega caps what they tell us about the trend and help health health of the market. And then finally we'll kind of walk through my full process for finding new trading ideas and actual stocks for the next week. So it should be a lot of fun. As we go through we'll be answering questions and uh if you have any thoughts of your own or or something that I've missed uh drop it in the chat as we go.

Okay. So, first things first, um I go ahead and start with uh my market monitor dashboard. And I did make this a preset. If you go over to dashboard presets, top traders, and um go to market monitor. Um unfortunately, I think not you can't get this exact setup just yet because of the uh the chart layout is my own workspace. But all you'd have to do is add the stage analysis indicator up here, a few key moving averages, and then the DFW net new highs, new lows down here. And then you'll have a setup with the indexes. So again, you can go over to dashboard presets, top traders, and uh then the market monitor dashboard here.

So, it's pretty simple, but this is kind of my go-to place to analyze the longerterm trends of the index ETFs. And a quick note on that because some traders say you should just look at the individual stocks. That will give you the best tell. Um, you know, some people, you know, don't don't recognize the the importance of this. Uh for me I do both. I look at the individual stocks as well as the higher order uh index ETFs because I think it provides really important kind of overall insight into the health and trend of the market. You know this market cycle started uh back here really with this gap up above the moving averages. We were in a strong trend until we broke the moving average of note the 10 EMA here and now we're consolidating again and maybe uh rising a little bit again under this key level. But just taking a quick look every day at the index ETFs. Um, you know, thinking, are we above or below the 21 EMA? Um, overall, are we in an uptrend, in a downtrend, are we above the moving averages or below? That can really get you, you know, 95% of the way there in terms of should I be aggressive right now? Should I be defensive? Um, and especially if you're working full-time at another job, um, you know, this could be a quick look at the market health.

We also have the uh market cycle indicator which you can set up right here. And basically this tracks an uptrend or a downtrend based on a key moving average. So how I would set it up is I would click this gear icon, change this to the QQQ, and I'll change this to the 21 EMA versus the SMA. It'll give you basically the same picture. But what this basically does is looks at that u moving average and that um ETF, the one you set it at, and starts the market cycle based on whether we're above or below that MA. So just what I was talking about, but this is a great visual indicator about trends. So we are in a strong uptrend since about uh you know this time right here. Then we closed below it for the first time on uh June uh 5th, it looks like. And now we're just barely above it. So, when we're chopping above and below or around the moving average, we're not sure whether we're going to start a new trend or we're just kind of chopping around and maybe in enter a more corrective phase. But, this will get you on the right side generally and it'll help you catch those longer term trends where we make the majority of our profits and performance. So, just want to highlight that indicator because that can help you visually spot those trends.

But right now, where are we at? So, we were in this strong trend since early April. It was trending above the 10 EMA for all that time and then we had some subtle signs of weakness up here where we were making new highs but we had a downside reversal. We had an unfilled gap down here. Uh and then we had this big distribution bar. Now uh to me this gives me um or makes me you know it seems very similar to what we had on October 10th. If I go back um where where is that uh that I'm looking uh where is the October 10th bar here? right here. So, this obviously was a little bit more negative uh big distribution day. This was down uh about uh 4%. From the open and this was actually reasonably similar. Um, but it's all about how the market reacts after that down day. So, do we continue to follow through to the downside? We did a little bit and this was another very wide range bar. But after this close here and we closed well off lows, we had one negative day and then a positive expectation breaker. So we're seeing support around that area. And to me, whenever we get a really bad bad bar, I like to draw a line at that kind of key close and then think each day net are we making progress below that close or uh are we holding and maybe rallying from that level. that kind of tells you whether there's follow fall follow through to the downside. Now, anything can happen, but so far we've for the most part held above that level and haven't seen much follow through. So, that to me suggests either more a choppy environment or a kind of um you know resuming this trend here and we had a really strong day here. Individual stocks recovered well. A lot of them pulled all the way back to their 21 EMAs and bounced. Um, so we take it day by day and you know, week by week and overall we're back above the 21 EMA. Uh, things are shaping up a little bit better. Uh, but you know, maybe it's not time to be gung-ho in here because there are some signs of churn and um, you know, just a little bit more choppy environment. And definitely in this area likely you were stopped out of some new trades. You want to listen to that feedback and then kind of try things again and be a dimmer switch. Don't be all in, all out. Um, you know, operate as a dimmer switch.

Okay, so KikuQ above the moving averages. We're in a longerterm uptrend, but we're kind of consolidating a little bit near that 21 EMA. We're above a rising 50 SMA. As long as we're above the rising 50 SMA, you want to lean a little bit bullish for sure. Uh, and then the 21 EMA is also kind of my key guard rail. If I only had to if I could only use one moving average, it would be that 21 EMA. Okay.

I also take a look at the IWM. This is the Russell 2000 ETF. And this gives you uh a better sense of maybe what smaller cap names and midcap names um are doing. And that also kind of fits more the type of stock that we're typically trading, right? We're not always trading those large mega caps that dominate the QQQ. You know, this cycle uh has been led by those mega caps, but often a lot of the best leaders are more in this midcap category. And right now, we're testing new highs. We did have a fadeoff highs on Friday. We've had a short-term move higher from this low. So maybe we have a little bit of a pause and chop. Uh but overall we're right near highs and that's a positive and we're above all the moving averages currently. This wasn't quite as strong a trend. You can see we chopped more to the 21 EMA. Uh but we're above that rising 50 SMA.

I also look at IBIT. You know, this isn't a leading theme anymore, but it's kind of a little bit of a risk on riskoff indicator for me. We were in kind of a waterfall type environment and now we're bouncing and maybe tightening. The first test after an extension down of the 10 EMA and 21 EMA. I expect some pause. I expect some resistance and we'll see how this plays out. Uh but overall this isn't too important. The Q's the IWM much more important for me. Um then the next step for me is to take a look after this index ETFs at U. Well, actually let me bring up SMH. SMH, the semis of course have been the leading group of this theme. Uh so I'll often take a look at the leading themes ETF to also get a measure of what the market environment's been like. And again, we've been in a strong environment since this area. We just had a test of the 21 EMA. It didn't want to close below the 21 EMA. You have two closes here, but immediately we snap back right after we snap back. So overall, this looks a little bit more like a pause and consolidation uh than a complete breakdown. Obviously, if we break below uh and and break this low, this low is key. If we break below that, all bets are off, but for the most part, it looks like a successful test of the 21 EMA uh to my perspective. And let me know your thoughts as well, uh in the chat. Um, okay.

So, that highle view of the index ETFs gives you a great kind of overall perspective. Uh, you know, overall, is it a time to be aggressive? Is it a time to be defensive? You also want to think, you know, how long in the tooth is the current trend. And this is getting a little bit kind of mid or later short-term intermediate term cycle. So, you might not want to be aggressive now as you were in the beginning when everything naturally lifts with the market. Uh breath in improves and you know buys in here um you know progress nicely. You might want to use you know slightly less position size. Um be more precise with your entries. be more deliberate with which stocks you are trading. Um, you know, back in this area when everything's lifting, the market's gonna um, you know, wipe up your mistakes here, you need to be a little bit more um, astute and on top of things. And if you fell into some bad habits here, make sure you remember your rules are focusing on your stop losses, risk management, position sizing. That's key to not give back all the progress that you made during this period. Okay, so that's index analysis. again very short term uh or sorry in in a in a quick summary you know are we above or below the 21 EMA if we are it's probably generally a time where swing trading position trading will work out okay that's a generalization but in general that will keep you in uh the right uh the right ballpark for sure okay

So the next step for me once I've looked at the index ETFs is to take a step down and look at the leading themes so what are the leading themes what are the current themes that have been strong. SMH is certainly one of them and semis. Uh but also what are the developing themes and how I do this is I use the DFW theme tracker. Uh this is very simple but extremely powerful as well. And I have basically in this dashboard which I call theme tracker and this is a preset by the way. If you go under um let me exit out of this. If you go under dashboard presets top traders and go to um let's see the duo theme tracker. This is this exact setup. I have one that is measuring since the open for it's basically showing the action since Friday's open. It it'll show the latest days open and the real-time action during a trading day. And then on the right hand side I have the one-month view. So, I love seeing these two different time frame perspectives because basically we have all these themes, these curated themes that uh we trade uh and want to track and we are now seeing their performance on a one-mon view on the right side and a 1day view on the left side. So, we're seeing what were strongest on Friday since the open and then what's been strongest over the last month. And very simply, if you work full-time and you know can't keep track of the market daytoday every single minute, all you have to do is go to the theme tracker here in Deep View. Go to a one-mon view and then the top five or six names on the theme tracker here on a one-month view are your existing leading themes. So we've got airlines, genomics, cyber security, Bitcoin, miners, which is really data center stocks, uh retail is shaping up here a little bit. Those are your existing leading themes. And if you want a longer term perspective, you can go to three-month view. And that's where semiis semis has been leading for so long. Over the last month, they've actually, you know, been pulling back, forming bases, consolidation. So, they're not as high on one on the one-mon view, but these are the current top themes over the last month. So, we've got airlines, the aerospace names have been ringing. Uh, genomics, cyber security, uh, Bitcoin miners, data data points, uh, data center stocks. Those are the existing leading themes. So this is the spot to fish in. So you can go into airlines, see what are what are the strongest as well. So this is how you find the leading stocks in the leading themes. And I actually have a separate dashboard which is also a preset. And let me just show where to find it. It's top traders theme tracker with chart. And this allows me to dive into let's say cyber security. And then I can spacebar through. This basically acts as a watch list. So I can spacebar through that theme and look for setups for the next day. Um I can go back and look at genomics, see the the strongest stock. So this is a great way to do top down analysis. You look for the leading themes and then you dive deeper into them and take a look at the charts themselves.

So that is the existing themes. Let me go back to uh the theme tracker with two in terms of developing themes. And this is really important to kind of skate where the puck is going and keep track of rotation. Um, I look at the theme tracker on a daily view either since the open or just since yesterday's close, that's today. That's what that data point is. And they'll give a little bit different perspectives depending on whether we gapped up big, gapped down, you know, it'll be a little bit different. I prefer since the open just to see that raw kind of percent change um over the course of the day. And then the top five again here are your developing themes for that day. And what you want to look out for is if there's a if there's a theme, let's say materials, uh, which is up here. If there's if materials over the past week or the past three days has consistently been in the top, you know, top five or six themes on the daily view and it's not yet in the top five on the monthly view. That tells you that materials is strengthening and that's a developing theme that you should keep an eye on. And again, you can dive into uh the stocks themselves and see which ones are acting the best, which ones have had that show of power and now are consolidating, tightening up, setting up an actual spot. That's how you'll be able to spot the themes before everybody else is look at the developing themes on a daily basis and keep track. Okay, airlines uh you know, it's it's number one here. it's still consistently in the top here. Um, you know, oil and gas, that's rising, uh, you know, increasing in its performance. So, that's how you track those developing themes. And again, I like to take special note if a theme has been in the top five here for maybe three out of four of the last days and isn't yet in the top five here because one day, anything can happen. Uh, but consistently over a couple days, if we see a theme standing out, we want to stay focused on that. And that's what the best traders going back to. Woff, Liverour, Darvis, O'Neal, all of them focus on leading stocks and leading themes. And this is how you can spot them really easily using the theme tracker. Um, Ross, anything you would want to mention about the theme tracker or any common questions that you see uh about um the dashboard or or the theme tracker in particular? >> Um, nope. You've got you've got that well covered, my friend. Cool. Cool. >> And no, there's no questions at the moment. >> Yeah. And Ross, everybody's got their way of tracking rotation. You use the up on volume screen. That's kind of your go-to on a daily view to say, "Okay, this theme is standing out, right?" If you see all the um airline stocks, they're the ones up 5% on big volume showing up on that screen, which is a preset. That that gets you focused on that theme, right? That's kind of your process. >> Yeah. And I I also could what I'll do, I see that. And then in in the same way that you find you know you'll this just tells you what's working for that time period and you go through. So yeah going through the best performing groups right the the top the highest quality top RS and just constantly going through the is basically how I put my watch list together. But since we've had this I now come I now top down bottom you know I come from both ends to you know just be extra sure. So I love it. Yeah, I do the same. You know, like some people favor bottoms up analysis, which is stocks first. Some people top down, you know, indexes, sector, ETFs, whatever. I I'm with you. I think a combination of both and and seeing confirmation that way, that's the most powerful way to do it. That's that's kind of how I like to do it.

Um, okay. We've also got the D ranks here, which is uses the the Gixs ranking system. So, this will corroborate a lot of what you're seeing on the theme tracker. And on the lefth hand side we've got uh the net ranking on a one-month basis. And then on the right hand side we rank all these rank all these um different uh subindustries which I've got here. But we do it based on rank change. So how much is a group um you know a subindustry per outperforming and changing its ranking. So this can be another way to spot um you know basically uh subindustries that are improving dramatically. So, insurance brokers, we've seen some movement there. That one had a big change from the 99th rank. All sorry, the what is that the 92nd rank to the 39th rank. That's a big jump. So, that can be also a way to spot uh those developing uh themes as well and look for those stocks early. U okay

So, we've talked index analysis, we've talked leading themes. Again, if you're someone who works full-time or trading part-time, just take a look at the one-month view, top five or six, and that's probably a pretty good universe to start with in terms of looking for setups. So, that can be a really quick routine for you. After I've done the theme analysis, the next step is to look at uh the mega caps and the theme leaders. So, this is another way to spot leading themes. And what I've done is basically made a watch list that I call leaders and mega caps. And it's now June, so I have to update the name of this. But all this watch list is is at the top I've got a section called mega caps. And I've put all the mega caps in here. Nvidia, Google, and I've got this sort here. So Tesla all the way to now SpaceX. And then down here is the theme leader section. And I often get a lot of questions about this. How do I set this up? Basically, you know, looking back, thinking back at the theme, the theme tracker, uh, you've got those top five themes. So, basically, from each of those leading themes on a one-mon view, you want to kind of have representatives of that theme in this theme leaders list. So, SNDKMU or that semiconductor hardware side of things. Uh, BE is AI energy. It's representing that theme. Um, you've got space here represented RKLB. Um, Dawan in there as well. uh from the semis, we've got a lot of them because that's been the strongest theme. So, whatever you think a leading theme is, think about what are the top one to three to fourish um liquid, you know, high potential names from that area and those are the stocks that should be on your theme leaders list. Um, so, and this is curated, you know, I might change this uh depending on rotation. if you know space was a really strong leading theme then they got hit a little bit hit uh you know uh a few I had PL on this that kind of broke down a little bit so I'll curate this depending on whether theme leaders are staying above or below the moving averages and as rotation happens you know biotech genomics has um you know perked up a little bit so I added ly and txg to kind of get representatives from that theme so that's how I choose the kind of 10 to 15 names on the theme leaders is I think about what are the top five or so leading themes right now and what are the top representatives from those themes that I want to add to this list and this should be kind of your go-to whenever these set up these are the leading stocks in leading themes so if these are setting up um you know setups you know Dawkins has been setting up a little bit here little downside reversal but overall if these are setting up you want to have this on your focus list for the next day the next week because these have the strongest potential you know ARM's been on this for a while. Uh Dell's been on this for a long time. Uh Marvel maybe setting up on the 10 EMA. Again, there's been multiple setups during this move. So, this should be the priority for setups. Again, we want to be casting a wide net, but we want to stay focused on the leading stocks and leading groups, and these should be the cream of the crop. So, not only can you use this to kind of judge how themes are doing. Uh for instance, you can look at next week, you know, percent change current week. uh you can see which which themes did well, which didn't. Uh but you also want to be using this for potential setups. So, basically what I do is I'll go ahead and just go um stock by stock. So, we'll do this live. So, Tesla uh rallying a little bit, but overall below its 21 EMA, below its 200 day moving average in this wider base. Nothing's really broken. This is just kind of developing overall within this consolidation. this base within this consolidation and we've got a little bit of an undercut of this level here. So, I would take it as a positive if we continue to rally and get above these moving averages. So, I'd just kind of do this quick analysis um stock by stock within this list. Microsoft still pulling back and in general if the mega caps aren't doing too hot. Uh likely also the market isn't most prime for swing trades, position trades just because these kind of give a glimpse into the aggressiveness risk on appetite of institutions and those are who who actually move the market. So if these are pulling back strongly that might be an indication to maybe take the foot off the gas, pump the brakes a little bit. But once they shape up and start rallying, you know, that can be, you know, the next leg up. Uh so Microsoft still pulling back strongly uh significantly from its 200 day moving average test. Uh Meta, you know, below moving averages, so not a great look so far. Apple broke bad break below the 21 EMA above the 50, but you know, looks like it needs a little bit more time. Uh Amazon within this consolidation pulling back to the key level 200 day moving average. We'll see if it can respond there. Uh Google shaping up within this base. It's 18 days long right now. Uh looks, you know, normal and natural just kind of basing here against the 50-day moving average. Uh Nvidia just kind of basing and SpaceX just uh IPOed and we'll talk about that in just a minute. Uh but overall looking at the mega caps, a lot of them are basically building bases or pulling back sharply. Microsoft is probably the most negative here. Uh Meta is not good either, but the other ones are just kind of pulling back and setting up bases. That's not very negative. that's not uh it's a little bit neutral. Basically, they're setting up here. Uh but they're not mature yet. They, you know, they could progress next week. Uh but some of them look like they need a little bit more time. Like Amazon would need to start forming some higher lows for me really to get interested in Amazon from a technical perspective. So, that's what I'm thinking as I'm going through these charts is are they trending? Are they basing? Are they close to breaking out? Uh if that's the case, you know, that's the time where I want to be a little bit more aggressive. You know, are they gapping up? that's probably a time where uh things are going to work pretty pretty well and following through. Uh so that's how I look at the mega caps.

Then I take a look at the theme leaders. Uh this one just broke out new highs. That looks good. Uh MU a little bit uh lagging within this consolidation, but you know, nice push off the 21 MA support here. We'll see if it can progress next week. Uh BE interesting spot. We've got an undercut here. We got a reclaim of the 50-day moving average. Let's see if it can progress here. So, a little bit more mature consolidation and nets kind of been consolidating since this gap up on April 29th after earnings. RKLB big downside reversal. Obviously, the space theme is big uh based on SPCX. Um, so, you know, this was shaping up and then it got sold as people rotated into uh S uh SpaceX here. Uh I'm not going to call this SPCX. I got I got to call it SpaceX. Um, Dawkins slight downside reversal, but you know, acting great in a longer term trend. Uh, we're at above the moving averages. We're right at the 10 EMA. We'll see if it can, you know, rally here and finally break out and make another leg higher. Uh, Intel testing all these pivots next week. So, at a key spot and we had a nice reclaim at the 21 EMA. Looks pretty good. Marvel setting up a little bit against the 10 EMA. We've got this big bar, which to me gives me the feeling that we might we might need a little bit more time to build this out. Maybe we go up here, undercut that level, tighten up again, and then push. But overall, we've got a powerful stock that's made a big move. It's earned the right to consolidate a little bit, especially just a 10 EMA pullback, right? Um, so I'd love to see this, you know, build this out a little bit more. let the 21 EMA kind of curl up under it and support it and then set up a tight spot, but it's doing nothing wrong at this moment. Uh AMD, uh nice action late last week and testing this key level. Uh ARM strong rally off the 21 EMA here. Uh Dell setting up this tight range spot. Um MXL rallying above this level here and poking its head above the 21 EMA. NBIS, uh you know, pushing off the 21 EMA here. HUT pushing off the 21 EMA. uh crowd nice move off the 21 EMA. So, you quickly get a sense that these leaders are a little are definitely in better shape than the mega caps and they're leading the you know they're they're acting well with the market and maybe they're leading the market a little bit. SNK still at highs here. So, that's why it's important to get both looks the indexes um as well as the individual stocks and and leaders. Watch the leaders as Ross always says because these will give you a tell way before anything else if we're really going to break down or we're ready for the next leg higher. Uh DD Dog in a tight range here at the 21 EMA. LOI uh forming a range here above the 10 EMA after breaking out. Uh a little bit of a downside reversal action here on Friday, but we close, but we'll see if it can hold here. TXG consolidating after this strong move higher. So overall leaders are acting pretty good. They've responded well to that 21 EMA test. And now we got to see if they can follow through to the upside and continue to expand.

Um, okay. Any questions about my leaders list, uh, and how I create this and how I use it on a day-to-day basis? Let's see. Um um and I think it was um uh Tobias if you're not it's if you're not receiving the trade lab report um definitely reach out to support and we'll see if uh there's something going on with your access but definitely uh reach out to support about the trade lab if if you're interested. Um, okay, answer that. Ross, any questions you see about the the leaders list that you should highlight? Uh Nate asks, "Uh, I miss your explanation how you choose your leaders." So, I think about the top five or six existing themes and I try to pick the top three names that are high ADR, uh, liquid, have potential, and I would want to trade it. And those are the names I put on this list. It's a little bit, it's subjective, right? Everybody's leaders list is going to be a little bit different, but you probably want to have, you know, 10 to 15 of the strongest stocks from the leading leading themes in this list. Um, yep, no problem, Nate. >> Yeah, Richard, I was going to say if you want maybe just, you know, I've been answering as many as I can, you know, on the Q&A section, take a read through real quick if you want to see if anything you want to, you know, put in now, you know, not wait for the end for. >> Yeah. Yeah, I'm I'm looking through now. >> Yep. Um what criteria do you use to pull stocks off this list? Uh my list ends up very very long with the idea current downside may only be temporary. So whenever a a stock, you know, let's bring up Fastley here. Fastly was on this leaders list since this gap up almost and it was the the only lead it was almost the only leading stock. I think it and Dawkins were the only leading stocks um during this run. But once you had this bad break and fall through down below the 21 EMA, that kind of got it off my radar because after a bad break like this, usually a stock needs time to consolidate and build out. Um, and especially after this big gap down, you know, after a big distribution and uh uh a technical sign that the stock needs to build a new base, that's when I would take a stock off this this list or if the theme as a whole isn't is no longer the strongest theme. Those would be the two reasons why I would take a name off the leaders list. Again, one is kind of individual stock action. Is it breaking down? And then two, is the overall theme losing steam? Uh, really good question, Michael.

All right, cool. So, let's go ahead and keep going. So, we've talked overall index analysis, we've talked theme analysis, then we went to the leaders list here. All those give me a great feel for how the market is doing, whether it's a time to be aggressive, pump the brakes, um, you know, sit out completely. Uh, so right now, you know, we've had a a strong pullback, but we've responded pretty well. And now it's either going to be chop or we can expand higher or we might get expectation breaker and keep on, you know, uh distributing down. But overall, things look like they responded pretty well late last week. It's interesting that all this is happening with the uh you know, most most notable IPO of our lifetime, uh SpaceX. Um, you know, this thing acted reasonably well uh during its IPO. I'm not really one to to trade day one. Um, but I'll be watching this carefully to see if we get a push higher and then an IPO base that forms and then maybe get involved. Uh, but this is in focus of the market right now. So, how this acts will give a good indication of the risk on risk riskoff appetite of the market. So, something to keep an eye on here and that's why I added it to my mega caps list is because I want to review it every single day and I review all these stocks and provide my thoughts every single day on this list in the trade lab report. Um, and kind of break through very quickly, you know, what is the price action doing? Is it trending, breaking down, tightening? All that gives a really good perspective, situational awareness about again how aggressive you want to be in the markets.

The next step after I'm done with the index, theme, and mega cap um and theme leaders uh watch list is I start my screening process. And there's two objectives to screening. You've probably heard me say this before. Uh the first is to come up with new ideas. So fresh setups, names I haven't, you know, looked at in a while or haven't seen before that are now setting up. Um, and the second reason to go through a a large list of stocks and I use the DP leaders list primarily uh which has about 300 names is this also gives you a great feel of rotation and how stocks themselves are acting. If you go through 300 500 names and go spacebar by spacebar you can get a great feel for what themes are doing well. If you see a stock, you know, gapping up and you see it's in the com equipment department uh equipment uh theme here, that tells you that, hey, maybe dive deeper into that theme and see how things are doing. Um, one other way uh that it's that you can kind of judge leading themes is uh Due AI. So, I just want to kind of show this feature off and uh we'll see how well it works. We're we're kind of tweaking the prompt here, but in with DVAI, which you can access by clicking here, the DV terminal. This is built into a DV. No extra cost. Um, you can actually pass a screen or a list of stocks to it to provide context. So, what we're going to do is do the at symbol and then we're going to do deep view leaders. And I messed up. There should been a space there. Deep view. I can't type today. Deep view. and let's just scroll down and pass it the D leader screen. So, we're passing it all the symbols on this list and I'm going to say list out the most common themes and explicitly list the symbols. Symbols I can't spell at all today. symbols they are that are in them. Uh for each theme, uh describe it in two sentences. So we're passing it the DU leaders list and this is a way to spot those leading themes as well. So let's go ahead and run this. You can see we're passing the DVU leader screen. And it's going to take a little bit here. And as we're doing this, let's see if there's any questions here. All right. Cool. So, let's let it do its thing. Nice. So, uh here's the most common theme. semiis, AI infrastructure, software, cyber security, industrials, equipment, aerospace, uh, and retails popping up here. Healthcare, biotech, and crypto, digital asset infrastructure. So, we got semis, you've got all the list of the semis. Uh, this is really cool. Uh, software, it breaks it down for you. Industrials as well. So, this is basically using the DFU leader screen, which looks for high momentum RS names and looking what are the most prominent themes on that list. And you could ask it follow-up questions to kind of dive deeper into semis, transportation, why are those leading? Uh, but this is a cool way to use DUAI to kind of help with that theme analysis rotation. Um, let me know, have you guys tried this before? What do you guys think? What are your kind of raw reactions? Uh, this is pretty cool. It's an it's a way to leverage AI to um with good context, which is critical. We passed it the DV leader screen to identify those leading themes. I think everybody should be making use of all the tools we have at our disposal and uh this is a really cool way to use Deep UAI to uh help us do that rotation.

All right, awesome. So, just want to show that quickly. Uh but like I said, my next step is to load the the key screen here, D leaders. And the first sort I'll do on a daily basis is percent change today and on a weekly basis is percent change current week. because very very simply um I want to see what were the biggest movers this week. And what I'll do is I'll edit my data column settings by clicking this gear icon and I'll go ahead and find where my industry here is. And now I'll go through I clicked uh I clicked the industry. Uh now I'll go through each of these and keep note of where you know what themes are showing up in these top movers. So again what we've done is we've sorted by percent change this week. So what were the top performers this week? Then we're looking at what industries they're a part of. And you can actually see DW automatically highlights the most common theme on a list in blue. That's why the semis are blue. So immediately we're seeing a lot of strong action from semis just visually just taking a step back without doing any other work. So this is another way to kind of point uh towards leading themes and with DFW you know we're we're thinking of all these different workflows that can help you spot the leading themes and leading stocks within them. So this is another one that we built in but we've got uh two hotel restaurants and leisure in here. We've got CBRL, SOT, um, Galaxy Capital Markets, Cava, another hotel, restaurants and leisure, um, machinery, biotech has been popping up a lot recently, another biotech. So, just very quickly, you can see a lot of strength and semis, some retail in here, some biotech popping up, and um, a plethora of other names. Healthcare is showing up. So, there's another way to spot the leading themes. But let's just space bar through some of the top performers. You know, UCT semis, nice action from semis breaking out these mini consolidation. More semis. Healthcare rallying onto another semi breaking out. Uh so again, this is how you watch the stocks themselves and let them point you to where rotation is flowing. AMKR nice uh short-term pivot here. SNK acting well. Cava rallying off the lows here within this big base. One to keep an eye on. But you know, it's extended now. So now it needs time to form a handle, form a pause. Uh AAT trending nicely. Uh PD PDFs um trending nicely. Czecho uh acting well. ELF a little bit of rally. So again, some personal care retail side. Uh TGTX biotech acting well. So this is a great sort to do on a weekly basis. What were the top performers this week? And you can study their setups. What did they look like before they made their moves? Um, and it just gives you a feel again for what leading themes are acting well on a daily basis. So let's say it's Tuesday. I'll do instead of percent change current week, I'll do percent change today. And what this does is it shows me what were the strongest names today. And very similarly, I'll look at, you know, their industry. Were there any commonalities in a lot of the leading um stocks today? Uh, which ones are rallying together? which which bases are shaping up together. This helps you again skate where the puck is going and see the rotation. And for a percent change today, I probably space bar down until about 5% gainers. And then after that, I'll move on to the next phase, which is looking for new ideas. So these are stocks that have already expanded. Uh this is on the the trade lab uh watch list yesterday. Um, you know, acting well. So these are all names that rallied strongly on Friday. So again, we're looking for commonalities. what themes are moving together, what names are rallying off the lows together. That can give you a great indication, early tell of that should be a theme to look for once they format handles and tighten up again. So again, I do that till about 5%. And then I'll clear that sort. You can clear that sort by clicking this icon, uh, this one right here. That basically says that there's one column being sorted. We'll click that. And now we're back to alphabetical. And the next sort that I do is by RMV on a 15-day basis. So RMV is relative measured volatility. So I'll sort it once to do highest to lowest. This is the the stocks that expanded the most on Friday. I'll click it one more time to do lowest to highest. So these are stocks that are the tightest recently. And the reason I do it this way is because my trading style is to trade around tight ranges. Whether it's undercuts and rallies around them, breakouts from those ranges. Uh ideally the the range is near a tight pullback to a key moving average. it's right under a key base pivot level, but I need those tight ranges to trade. That's how I manage my risk uh tightly and logically. So, by sorting by RMV 15day from lowest to highest, and again, I did that by clicking the header once, twice, I'm automatically looking at stocks that are tight on the right sides first. So, GH is going to go on my watch list. Uh, and this tightness is happening near key level. So, that's what I'm looking for for my watch list. And GH is actually a great example of what I'm looking for. Healthcare has been improving. So, it's got a leading theme. It's had a prior show of power. This nice move up lows here. 44 44% move in a few days. We're near a bigger structure, a big base. We're in a longerterm uptrend above the 200 day moving average. And now it's setting up a tight and logical spot compressed above the 10 EMA in a tight short-term range near these key levels. So, I'd be watching for a breakout through this high. So, what I'm doing as I go through these names is I'm going to flag um and you can do shift and space to flag a name and and check it here. And I'll say that one more time in just a second, but I'm going to check all stocks that are kind of setting up. And I'm not trying to be too strict here. This is kind of the first sort of this list. So, any stock that looks like it could be actionable uh tomorrow or the day after, I'm going to flag and add to this first sort, this first list. And these are the stocks that make up my wide list each week. So the workflow thing, because again in DU we're always thinking about workflows, is you can space bar to automatically bring up the next chart or you can use the arrow keys to navigate up and forth back and forth. And the great thing about this is you don't have to use your mouse at all. You just have to use the the uh arrow keys. And what you can do is a let's say you you see GH and you want to flag it, you can hold shift and press spacebar and you can see that toggles on the selection tool here, this selection checkbox. So we're going to go ahead and spacebar through all these names. And if we see a stock that looks interesting, so NQ, we'll hold shift and press spacebar. And I can actually do this with one hand, you know, octa looks good. shift spacebar, then back to spacebar to just uh go through the next stocks. VCt, spacebar, shift, spacebar. So, I select it. So, we're selecting all the ones that we want to add to the wide list. And once you have stocks selected in DFW, you'll see these icons pop up here in

The top left. You can either copy them to your clipboard to share on Twitter or somewhere else, or you can create a watch list or add it to a watch list. So, we'll just go ahead and uh clear everything from now and start from scratch. And as we go through, I'll kind of give my raw thoughts on why I disregarded this stock. Um, and I'll be kind of very very off the dome, you know, spur of consciousness. So, uh, hopefully it's helpful for you.

But I'm kind of looking for a specific pattern. I'm looking for strength off lows and then tightness near key level, near the 21 EMA, near a base pivot, near the 50-day moving average. And I have to visualize that it could have a nice move tomorrow or the day before. That in a nutshell is what I'm looking for. And fundamentals is also important to me. But I'll kind of check that at the next step. Um, you know, I can see the theme it's a part of. Um, I can see the price action and that's kind of enough for the for first sort.

Uh, then later on as I'm kind of choosing between stocks and a theme, um, maybe their charts look very similar. uh but some one of them's fundamentals is growing you know 100% while the others is growing 5%. Then I'll choose and prioritize the one that has the better fundamentals. But for this first sort I care most about price action and how it's acting.

So AOI we've got a tight range right near the moving averages. We had a very bad bar but held above that close and I could imagine a nice rally early next week a strong bar here that starts a move up towards that base pivot. So, we'll go ahead and add that. Uh ADTN, um just within this base, we've got again, it's below the moving averages. We'll leave it be. Uh CAR, uh nothing to do here. Uh BNY, uh nothing to do there. GH looks really good. Again, we've got a bigger pattern. We've got a show of power recently and a tight area near a key level. In this case, you've got the key level of this consolidation pivot and then this um this uh the 10 MA here. IBM pulling back too sharply for me. It need a little bit more uh time to build out a base. IQ tight near the 21 EMA. We'll add that. Uh Growl really tight here. It's a little bit whack here. We've got this gap down. Um we'll add it just as a representative biotech for now, but probably it won't make the final list. So again, I'm not I'm not trying to be too selective. Just trying to get my my raw thoughts here.

Uh and one thing I do want to mention is and let's just go ahead and create the watch list we're going to add to. So, to create a watch list, let's say we've done all our um all our stuff here. You click this plus sign, uh click create watch list. And we'll call this wide June 13. And we'll click save. There we go. It's created. And I could click that to view it. Uh but one thing I want to mention, you know, a lot of people like having a daily and weekly side by side. I pretty much look at a daily chart, but I'm always considering the wider context. So, I have a pretty wide view here. And I can always switch quickly to a weekly chart, uh, if I want to. So, there's my my daily template and my weekly template. Uh, but in DFW 100%, you can go ahead and, uh, set up a, um, side by side, daily and weekly. So, let's click in here to make this a weekly. And I have tutorials showing how to do this. So, now as I spacebar through, I can look at multiple time frames at the same side. It's very quick. So that's one way to look look at multi-time frames as well.

One other additional way is you can use the mini chart view. So if I click this uh now I can set this up so uh any two time frames side by side or I can close go to settings. I could do three time frames. Uh right now this is 65 on the left. Daily is the mini chart uh the middle chart and then weekly is on the right hand side. And I can just kind of um and you can sort by R&V, you can sort by anything here. Um, but let's just go ahead and my zoom tool is covering this. X this out. Now with mini charts, you can just kind of scroll. And so this is a really fast way to look at a lot of time frames of a lot of charts. And same workflow. You can just kind of click this when you like a stock and keep scrolling. And you can also have the option of if you don't want to look at multiple time frames here, you can go over to settings and turn off the um where is this? Turn off the uh uh where am I looking this for this? Uh turn off time sync. There we go. And now instead of multiple time frames, what we're seeing is just one time frame, but one stock per uh section here. So this allows you to see a lot of charts very quickly. So you're just scrolling and it updates and you can see a lot of daily charts or one time frame, could be weekly, could be anything, uh but just one uh time frame at a time. So just want to showcase those workflows if if uh for for ideas. I personally like to just do the single chart view with a daily chart, but again, everybody's workflow is a little bit different. Um, and uh, you can set it up in Due however you'd like.

So, let's go ahead back over to display. Let's go back to a single chart and keep on going. So, let's go ahead and resort by RMV or actually, we're already sorted and let's keep on going. Uh I also usually have my data panel out here so I can look a little bit more into the market cap, the dollar volume as well. Uh these are data points I consider the fund ownership. I just want to see increasing trend. And here we're going from 164 to 288. That looks good. So that's another reason why AOI would catch my eye.

So again, we'll just kind of go through everything again. And I can go through this pretty fast. Um, how fast you go through is up to you and and your experience. I kind of know exactly what I'm looking for. Uh, but it might take time to kind of build that pattern recognition. Uh, Entap looks pretty good, but it's leaking a little bit lower than I'd like and I think there's better options. Uh, Octa cyber security a leading theme. I'm going to prioritize that. We'll add that. Um, looks pretty good. Tightening near this key level. There's an overall big big pivot is basically a handle in this big pattern. Uh, this is a faster moving name ADR 13%. But we'll add it for now. Uh TXG uh we'll go ahead. You know, this could this is a little bit sharp, but could be a 10MA reclaim. Uh we'll we'll add it for now. We can always take it off later. VCYT uh setting up a basically a 10 MA pullback. Also a key level pullback. We'll add that.

And the cool thing about sorting by R&B lowest to highest is automatically the the higher likelihood stocks that will be actionable next week will be towards the top. And as we keep on moving forward, we'll go from R&B0 to 5 to 10 to 50 to 100. And what that means conceptually is we're getting from tighter charts to wider and loose charts that already had expansion. And I personally want to trade expansion from contraction. So I'm going to prioritize contracting charts versus stocks that have already expanded. Those have already moved. So until they set up again, I won't look at them. So the benefit of sorting from RMV lowest to highest is right away. Again, this this is about saving time. We're seeing the most actionable charts first and that's why it's pretty cool.

All right, so uh Wolf pulling back to 50. I think there's better charts out there. Uh AUAS, uh below 200 day moving average. BB right near a key level. There's a a strong stock. We'll add that. Frog pulling back to the 21 EMA. We'll add that. So I'm basically looking for either stocks that I think could break out next week or are forming constructive pullbacks. That's pretty much what I'm looking for after they've already shown power. or Twilio, we'll add very tight range. VSH, um, this is a little bit short, but this is a very strong stock. This is about, this is like a high tight flag here. So, we'll add that. BRTR looks good. Could use a little bit more time. We'll add that. Casey could use a little bit more time. MOD, uh, we'll add it for now, but probably take it off. It's a little bit whippy recently. Uh, VSXY, you know, tightening in this little consolidation. We'll add that billion. I like the the longer term view of this, too. It's kind of it's IPO due diligence phase now shaping up within a base. Good upside reversal yesterday, too.

So, one thing to note, um I love when there's a tight range and then there's like an inside day or an upside reversal or a slight gap up here and it's still under a level. That's what I call priming patterns and they often occur right before a stock is ready to break out. So, I love I love seeing that. Um, let's see. Those don't look good. Snow is pulling back. It's in an overall tight range. It's leaking lower a little bit, but now it's testing this key level here. So, this would be a level that if it's going to work, it should respond to. So, we'll go ahead and add that. We also have this big prior display of power and now we're consolidating. So, even if it's doesn't work, um, you know, Monday or Tuesday, I want to keep it on my radar uh, for a little bit longer term. Uh PTGX, uh Dell setting up near this level. We'll add that. Marvel we'll add as well. Uh AVEX just pulling back. Uh, you know, could reverse, but I think there's better options. I want to We've had this significant pullback in the market. I want to prioritize stocks that instead of going down like this, went kind of down like that and now are pushing up if that makes sense. So I want to see stocks that held up better recently. Uh DD Dog setting up here. LCR just trending. So stocks that are already trending and tightening aren't really of notice to me. I want stocks that are tightening near key levels or pulling back. And this does this does just take, you know, training your eyes for what you're looking for. EMP tightening near 21 EMA, but this is a pretty significant decline. And you've got this really big bar here. This to me suggests it needs maybe a whole new base to set up here. And I think there's just better options now. FT&T setting up a little bit. CBRL uh recent gap up um could could tighten a little bit more, but I want to keep it on my radar. So, we'll we'll add it now. Fel kind of setting up tightening below the levels. This could pop through, but I think there's better better um better names here. Oscar, great move, but tightening, but again, it's just trending now. So, it's it's out of out of the actionable zone already. And everybody's going to be looking for different setups. So you could do the same process with your setups.

We'll add RBRK. I'm kind of prior pri uh sorry prioritizing RBRK because it's cyber and that is a leading theme. So even if the chart doesn't look perfect, I want to keep an eye on these names that are still, you know, actionable within the m maybe three-day time span from now uh and are in a leading theme. uh clar uh shortterm looks okay but has a lot of overhead. Uh does this help kind of my raw consciousness what I'm thinking as I go through charts. I know I'm going pretty fast but this this kind of how fast I go through it. Uh RSI just kind of trending. So we're seeing a little bit more expansion now. So we're probably at RMV around 20. Yeah 15. So these are stocks that are starting to expand a little bit more. aren't aren't quite as tight. CNC tightening near key level is a fast mover. And for very fast movers like CNC, it's not really the 20 21 EMA pullback that interest me. It's more 10 EMA pullbacks like BB. Uh those are going to respect the 10 EMA versus the um the 21. Inode looks good. PW looks good. Again, another cyber name. And if I see a theme setting up that I haven't noticed before, I'll make a note of that. So, if like biotech um wasn't already a leading theme and I saw a lot of charts like ARWR that are in a base and setting up near the lows of that base, tightening, that's where I can start to expect rotation into that area. So, that gives you situational awareness. And let's let's flag ARWR dock in. We'll flag. And again, leaders, theme leaders that were in that list, if they're even remotely close to setting up, I want to have it on my watch list. Uh, Hinge is tightening, but and it's near a key level, but this is a little bit short. Uh, I would like to see a little bit more consolidation, but this could be actionable. Uh, we'll we'll add it for now. We can always take it off. You don't want to be too uh restrictive in this first cut here. Uh, and I'll kind of space bar through and then if a name caught my eye and want to look it back at it, I'll just use the arrow keys to go back up.

So, YPF, um, oil and gas name, just noting that. Uh, LG&D Healthcare MU, we'll add that. SMTC, we'll add that. Etsy fade here, but near key level could re-break out. We'll add that. So probably in this wide list we'll have about 30 to 40 names. Then the next step is to go from that to a focus list. Dave big shakeout. Let's see. Let's see what it does early next week. GFS uh you know nice action off the 21 EMA. Would need a Titan again for me to be interested. A lot of semis look very similar. Uh CRDO um, you know actionable here. It's a little bit gone now. Uh, it just needs to set back up and tighten Simo. We'll add and these base pivots and and R&B pivots are really helpful. I I usually would have to draw a lot of these lines and now it just kind of saves me time. Uh, let me know feedback for for DU users. Do you guys find these helpful? Especially the base pivots. R&B is kind of short-term uh consolidations. You know, early buy points cheats. It's going to point that out. Uh, but I think the base pivots are awesome. Uh let me know what you guys think. Uh bands tight tight day. Um, but already kind of moved. We'll add it for now.

All right. So, we're getting a little bit more to towards expansion now. So, there's going to be less names that we add as we go through. So, we can go pretty fast. So going through 300 names without kind of commenting everything probably takes me about uh 20 minutes but with commenting takes a little bit longer. Flex tight day. So again tight really tight days like this is another priming pattern that I look for. And we actually had a positive expectation breaker here. We had a negative close and then we gapped up and had a strong close and now we had a really tight day. Look at how tight this is relative to other bars. So, we're looking for reconfirmation from this tight day. And let me get my view back. I usually like to see about this much price action. Coco, nice action. This is this is on the trade lab right here. ARW uh just poking its head above this pivot. I'll I'll add it for now. We probably won't have it on the final list, but again on the weekends just kind of cat c cast a a wide net, you know, uh strl tight day. It's a little bit drifting higher, but we'll add it for now. Uh these like construction engineering stocks, that's a theme to keep an eye on uh for sure. STIM, I think we've got better semis. AAB pulling back into the level. It was more actionable uh Thursday or on this big shake. I'd love to see this tighten up again. Uh but we'll add ALAB because I it's a it's at new highs. The market's not. We want to keep an eye on that. GTX U pulling back, but we'll we'll add it for now. So, now we're probably at RMV 60. Yep. 47. Okay. And what are we at? We're at 200 of of 300 names. So, we can actually go a little bit faster now because these are less actionable. Uh they're not as tight. Uh, I want to keep an eye on RLBC X versus the 50-day moving average there, especially with space. You know, the space theme is going to be in play for big moves because of uh SpaceX. Now, uh, Sphere, this is like the best stock that nobody's trading. Uh, this has just been grinding higher forever since this green line breakout. Uh, how much is it up since this green line breakout? Yeah, like 200%. Uh, just just look how it respects the 50. This is what market leaders do. Respect the 50. Respect the 50. Base rebreak out, but not actionable for for uh next week or early next week. Uh Bros. So, we're seeing a lot of restaurant names. We saw Cava in the top performers as well. So, a theme to keep an eye on these hotel and restaurant names. Though, Bros. Bros has been frustrating. There's been a few trades, but I've never really had uh too much success with uh with this name. uh chef that is that also in the yeah retail acting well and you'll often see me use the measure measuring tool. So you hold shift in DF view and then click and drag and then you can measure moves and I always want to see that the stock is able to make a 30 to 40% move. More is better in in a trend. So, I might disregard a stock that has a lower ADR uh that can't make a nice move. So, that's that's another um characteristic I consider when I'm choosing between two charts is which one has shown the ability to trend and make a meaningful move above the MAS in the past. Um all right. Yeah. So, these are all getting looser. Uh MXL I want to keep on the radar. that. So again, I can basically do this one-handed, which is pretty cool. Uh, we're always trying to think of ways be will add for reclaim the 21 EMA. We're always trying to think of workflow things that can save people time with DW. AMD will add TUR. Nice push up, but would need a Titan again. Yeah, now we're seeing more just expansion. So, here's Cava again. So, Bros and Cava are rallying. We'll see how that acts. And now we're getting to the breakouts or breakdowns. RV could also be expansion to the downside. But you see how we started from tight charts and now we're seeing seeing expanded charts. That's how I like to look at the market because I get to see what's moving the biggest and then what themes are setting up together tightly. All right. And we're back to the top. So now we can add all these symbols to the uh June 13. Y June 13. They're added. Let's go ahead and click view. We're now in the watch list tab. So we've got about 45 names in here. That's quite a bit. So the next step is to go from this 45 to about 10 15 or so names. And this is where we want to be more restrictive. Uh make sure that there's, you know, earnings or sales growth. It's part of a leading theme. The chart looks really ready. Um, and I'm going to prioritize the ones that look ready for Monday. Not that could be ready this week, but could be ready for Monday.

So, AOI looks good. So, we're going to go through this list again. ONQ looks good. Growl, we'll we'll leave off here. Billion looks good. AMD already expanded a little bit. ARW already expanded a little bit. ARWR looks good. Uh, bands looks decent, but we'll leave it off. BB looks decent. Uh BE for reclaim of the 21 EMA. CNC looks decent, but you know um could use a little bit more consolidation. Uh we'll leave it off for now. Uh Dave, um so what happened on this bar? Was there any news? Let's So a cool thing in DU is you can rightclick a bar and ask DAI. And we're going to be improving the prompt here because it it doesn't always catch the exact um right callus. Um, all right. Was there a catalyst? Yeah, maybe not. So, okay. Yeah. So, we'll see. Let's open up the data panel. But the the DVAI is really good for quick context about a stock. So, we'll add Dave. DD Dog. We'll add Dell. We'll add a Dawan. Will add RBRK. Borderline. We'll add we might take it off. Etsy we'll leave off. Uh flex. I love how clean this trends. Uh we'll add for reconfirmation. Uh Frog pulling back to a key level. We'll leave it off. Yeah, we'll put it on for now. We can take it off. FT&T. We've already got some cyber names. So, if I've already got some stocks in a theme, if there's a chart that doesn't look quite as ready, I'll prioritize the ones that look ready. So, I've already got some in this theme. So, we'll stick with those. Uh GTX we'll leave off for now because it already kind of pushed. Um, Finn, I I don't think we we meant to add Finn, so we'll probably we'll just ignore that. Inode we'll add Intel right near a key level. And this is a leader. Um, ideally, it sets up an inside day. So we'll leave it off for now. Uh we'll leave these off as wide and loose. Marvel could use maybe a few more days. Um MU right near this kind of level here. Yeah, we'll add we'll add MU. I'm watching this this pivot here. Uh MXL already kind of pushed. Octa tightening. We'll add a little bit wider. PanW. We've already got some cyber names. We'll leave off. AAB. Um I'll be watching this, but you know, I think there's better options unless we gap down uh Monday. Then it could be setting up right near all these levels here. But for now, we'll leave off. AMPQ. We'll leave off. We've already got some semis on us. uh RKLB, we'll add it for uh a bounce off the 50 because SpaceX is in play. So, thinking about overall context and themes. Uh we'll this this is likely going to move a lot over the next few days. It could be down, could be up. Um, but we'll we'll add it for now. RL, I don't think I meant to add either to this. Um SMTC. Uh we'll add it. This is a fast mover. Uh yeah, we'll we'll add it for now. Snow. We'll add Twilio. We'll add TXG. We'll leave off. FCYT. We'll add this one. We'll add two. We'll ignore NBIS. Let's add. And there we go. We're at that top. So, now we're going to add these. Create a new watch list. Uh TL Trade Lab. Uh June 13. Save. So now we still have we still have we went from 45 stocks to 26. Uh but I like to separate the leaders out from the rest. So let's go ahead and rightclick in here, add section, and we're going to name this section leaders. And we're going to drag all the leaders in here. Could separate those out a little bit. be E DOG. Any other leaders? MU RLB. Cool.

All right. So, let's let's do one final cut here. Um and be pretty restrictive. RBRK is on the chopping block. We've already got um you know, DDOG and a few other cyber names. Uh Frog. I like the 21 EMA pullback though. Um, we keep it on it for for now. SFDC will will kick off. Well, let's see. This can make a really nice move, but it's a little it's not tight here. That's why uh snow will keep on. Um, yeah. So, I'm just trying to think which which names I want to keep off. We we'll kind of we'll stick with that for now. But that's the idea. We've got so we've got about uh 16 names on our weekly focus list. We've got some leaders we're watching as well. So that's how we went from 300 plus to around 50 to now around uh 16 names. Um, and again, I'm considering the theme a stock is in, how ready its chart looks like, whether it's made a meaningful move in the past, and now it's in a mature spot here where I could envision a big move happening tomorrow or the next day.

Um, okay, cool. Uh, awesome. Um, so that's that's kind of the process, guys. So we've talked index analysis, we've talked theme analysis, we've gone through the screening process and got our final list here. So from this list, I always each day we'll choose around four names that I really want to focus on. And those are the most prime stocks. Those are the highest leadership quality, the ones I think have the most potential for a big move the next day. So those are larger list. And then I'll think about that daily focus list. Um, that's pretty much it, but let's go ahead and answer a ton of questions. But overall, let me know in the chat what was was this helpful to kind of see my thought process, how I select a stock, whether whether I keep it, disregard it. Let me know if this was helpful and maybe one or two takeaways uh that you had.

Um, okay, cool. Glad to hear it. All right, let's go ahead and answer some questions. Uh Ross, to start with, um any thoughts you want to add on kind of your process for filtering out down names or um any kind of key questions that people had. And you might be on mute, Ross. >> I was. Um so as far as questions go, you'll see again. So I I have my own answers but also wanted your input on some whether it was personal or even just uh >> yeah behind the scenes. Um, as far as process goes, I I pretty much do the same thing, maybe in a different order or in a in a different way, but I am narrowing it down um very the only other thing that I'll put in there. You know, I have in my head um you know that that I I take personality into account, right? So, in my head, I have a very specific personality that I'm looking for as well, which helps me narrow it down. and I'm pretty strict with my fundamentals. So between those two that that helps me a lot. But in general, I'd say our processes are very close to the same thing but same but different different way of getting there. >> Yeah. And your your main screen is the up on up on volume screen, right? So in >> that and listen the DP leader screen and up on volume I you know I I'm not I really love the DP leader screen but yeah up on volume has been that I I started using on Wanda when I first started working at William O'Neal and company in 1998 and that was my I have found that if I sort that stra that screen by 12-month relative strength highest to lowest my watch list came out to be about the same as every other guy on the team that was spending hours to make their watch So, >> awesome. Um, cool. Yeah. Uh, Eric asks, "Do you enter your entry buys or buy in real time as the stock is moving up?" I buy, um, I don't pre-enter. I'm able to watch the market. Again, uh, when when I was working and couldn't do that, I would I would set buy stops for the most prime setups. Uh, but I enter in real times as breaking through the pivots. Um, so I answered that and if there's any feature requests or stuff on DFW, uh, please use the help module and submit that here and we'll take a look. Uh, all right. Uh, Mike asked, "What parameters do you use for up on volume screen?" So Ross, you said the 12 month RS rating. Oh, >> I used the I just used the preset. My my main five screens that I use are all presets in deep view. I think maybe one of them I I cleaned up so it didn't include those like fiveletter ticker symbols, but other than that, they're all preset. >> Yeah. So, the up on volume is you just go to screen presets and you could search. So, you go to the screener module, up on volume uh or sorry, uh screener module uh up here to the dropown go to screener presets and then you can just search up on volume and it's right here. There you go. Um, cool. Uh, and then you sort by 12-month RS rating. Is that right, Ross? >> Yep. Highest to lowest, 12 month RS. >> So, I I sort by RMV. Ross has his method. Sort by RS rating. Again, we'll get to the same place. It's just about how our eyes and and minds work. Um, let's see here. Uh does DFU have an option to show relative volume and low of the day uh from MA51 live session? Um yeah. So relative volume is we we have two versions of it. We've got either based on a percentage of normal volume. That's run rate. And then we have relative volume which is the same thing but a factor. So something that's moving on 50% uh above average volume is a run rate of 150% and a relative volume of 1.5. So it's a 1.5x factor. All that is real time at 9:35 a.m. You'll be able to see if volume is running ahead of schedule. So that's the run rate data point. I've got some uh indic, you know, um some some uh video specifically on that. And then you can see the percent change from the low the low here. All this is in real time, guys. Um, and yeah, you're able to see all those data points. PCD. All right. Uh, Richard, do you keep a new watch list that you're creating as a potential stock universe as a whole uh for the whole next week? Really good question. Um, so once I've created a uh watch list, I'll select all of these and add it to what I call my universe list, if I can spell correctly. universe. So, it's still I'm I'm using the April 8th still. Uh, but I'll add all these symbols to the universe list. And this is something I'll also look at each day is I'll go through those names. A lot of them will be very similar. Um, but that that ensures that I keep an eye on the same stocks that are setting up. Maybe they weren't ready today, but they might be ready two days later. So, I want to keep them on on my radar. Or maybe they broke out, squatted, and now are setting back up. So, I add all those stocks to my universe list to keep keep an eye on them. Really good question, but I I start this list from scratch in the exact way that I showed today every single day. So, I do make a new list every single day. Uh what setting for R&V and base pivots you use? Pretty much the the standard. Um for RMV, uh I use a max pivots of two. Uh and these these blue lines are not drawn by me, guys. These are these are identifying ranges from RMV. Really cool. Um, so the these are just the standard uh way and I I look at two pivots max because the RV pivot back in here isn't actionable anywhere any anywhere uh shape or form. So I want to keep the actionable ones uh the the important resistance levels now on my chart. And then the base pivots is the st I think it's exactly the standard uh 15. All right. Uh um if you're curious about uh the trade lab report, I see a few questions about that. Uh email me at richardtraderline.com and I'll get you set up with a really good deal if you want to try it out. So um email richardtraderion.com. I'll type in the chat. Um, Richard.com for a deal on the trade lab report. Um, cool. So, I just put that in the chat. So, the trade lab report is my daily homework. It's a report on my watch list, uh, market analysis each day, and there's also a lot of educational resources that are part of it. I'm about to do a whole web webinar on the RKLB, uh, model book move. So, in addition to the report, I work really hard to create courses and um educational webinars each month that help improve your trading. So, it's not just ideas, it's also educational aspect. Uh any Trade Lab members in in the chat right now, I'd be curious. Um let me know. Uh it' be cool to see you guys. Yeah, Ber says the trade lab is well worth it. Awesome. Uh cool. Yeah, it's it's my homework each day. The report is my homework each day and it helps me with my training guys because it helps me improve my consistency. My performance has improved since writing the report every single day. Uh because it keeps you focused on the leaders and just focused in general. Um, so definitely recommend checking it out. Again, email richardtraderion.com um if you're interested in in a in a discount there. All right. Uh cool. So, yeah, that's richardtrader traderlion.com. Uh let's see here. Uh how is DFU leaders list determined in themes? Can you ask AI uh this list of stocks and theme? Yeah, I actually showed how to list ask DUI for the list of stocks and theme. Um, but the DQ leaders is a screen that we developed. So it's one of my bookmarks here. Um, it uses the andor logic to look for RS momentum uh leadership qualities uh strong growth. So all those are kind of taken into account. This is a great general screen for swing and position trading of cans slim growth stock um opportunities. All the leaders are going to show up in here. This is how I found SNDK early. Um, you know this is a great screen. I think it's um uh let me know uh do you guys use the DU leaders as part of your daily process for those of you who are DFU members? Uh let let us know in the chat. But I think this is if I could only run one screen, it would be this. It shows recent gap ups. It shows higher RS names. It's kind of what you need to trade a swing momentum style. Um, yeah, awesome. Cool. Um how can we scan for stocks with RS? Uh that's a whole another webinar I've done in the past, but um, you know I'll do that webinar um, you know later on. Uh the key thing is to look for stocks with high RS ratings that are holding above moving averages when the market pulls below it. There's a lot of ways to look for RS on a on a big red day. Look for stocks that are hold, you know, are up on the day or have strong DCRs. Uh we have a lot of um uh screener presets that are like down day. So, uh, Oliver Kell, uh, US investing champion, uh, strength on down day. Mike Webster down days tell screen. Both of those are really good, uh, screens to look for RS on a daily view. So, I would check out those those, uh, presets. Um, all right. And RS is a characteristic you look for. You want to see RS before a setup sets up. You don't necessarily want to buy RS right away because it might be a little bit extended. You want to look for RS and then look for a setup. Um, okay. Uh, the leaders list is a watch list. So, uh, the DFW leader screen is a screen. The leaders list is just a a watch list that I have saved and and bookmarked up here. So, it's a normal watch list that I populated with these symbols and these sections. Uh, good question, Lean. Uh, All right, I see a few questions about Okay, this is your watch list and let me go back to June uh 13. This is my watch list. How do you choose the top four? Right. So each day, you know what I used to do is I would make this list and then watch each of these in the morning and try to just trade what was moving and it was too much. I was trying to watch too many stocks at once. My execution suffered. I wasn't able to get as tight entries. So, what I do now is I make this list each day and then in the morning um I check the list and how they're acting in pre-market and I make the decision of what four, ideally one, ideally one, but up to four names I really want to potentially enter the next day. So, it's a mixture of which setups I think have the most potential long term, which setups are really primed for the next day, which ones are near key levels and likely see big expansion from a potential entry point. So, it's it's a judgment call. There's little things that keep in mind. So, billion upside reversal. This is this is a good candidate. It's got a big pattern. It's in a a theme that's kind of gaining um steam. It's got a nice upside reversal in a tight range. it's near this key level as well. So, this would be a strong candidate for to go on my daily focus list, but you got to kind of kind of look through your uh stocks and see which which ones are the most primed. Uh Dell obviously in a leading group here, right near key level. So, this this would be a good candidate as well. Uh but you have to be really restrictive. So, how went from 45 to 15, you have to take that next level and get even more restrictive. Um, and also I prioritize liquid names because those are ones that I've just found trade cleaner. I trade better. Uh, so I prioritize liquid over, you know, more speculative stuff. GH would be a really strong candidate because we've got this tight range near this. We've got a prior display of power. I love it even more if we get a shakeout here. Uh, let's see. Uh, I think it was in INOD. Uh, this is a name that had a recent gap up. Now it's tightening near the 21 EMA. So, it's a little bit of a judgment call, but you want to really think about which stocks have the most potential to make a big move today. Which stocks have a reason to make a big move today? And those should be the names in your kind of top four. And you when selecting your top four, you might miss actually the stocks that make the biggest move from your list. But you kind of want to see you want to kind of keep doing that exercise. Choose your top four and focus on those because at the end of the day, execution and tight risk management is what matters. And it doesn't matter if you're focusing on 15 and and five of them go if you aren't able to trade them properly. So focusing on less will actually um counterintuitively allow you to catch more of the big moves even if you miss some really big moves. So that that's what I'll say on that. And it's it just takes time and everybody's a little bit different in terms of what is that last filter to really focus on a stock. But those are a few things that I consider. So hopefully that's helpful. Um, all right. And if there's some more DFW questions, defer delay questions, definitely use the help module and send us a message if we didn't answer your question here today. Uh, and we'll be happy to assist you. Um, and also, if you guys aren't a DVU member and are interested in uh, DFW, also go ahead and email hell@dv.com and we'll give you a really nice deal as well to check it out. So that's hell@dvview.com. So if you're interested in the trade lab, email richard@traeline.com. If you're interested in a deal on DFW, if you're not already a member, uh go ahead and email hell at deepview.com and we'll make a cool offer. Um, all right. What specific criteria do you recognize liquid names? So I look at dollar volume. So average dollar volume, 20-day basis, and I look for I at least over 20 million. Uh, but I found over 50, over 100 is better. So, the more liquid the better almost, you know, SNDK is kind of the the the best of both worlds. It's a stock with a high ADR, but it respects moving averages during its trends and has an average dollar volume of 17.5 billion, very liquid. This is what institutions love because they can actually build a position relatively quickly and know that they can get out of a position. Uh and Ross can tell you about uh trying to unwind a large position uh in a in a less liquid name. Um, you know it's tough. So institutions love liquid names that they can operate in. So I look for again over 20 20 million at least and ideally over 50 or 100 million. Uh Ross, is there a level that you really focus on dollar volume wise or it's more about the look and feel of the chart? And you might be on mute, Ross. >> Yep. I just needed to take myself off mute. So, yeah, it it's going to be a look and feel, but in general, it it's going to be SanDisk or Micron Liquid, right? Those were my two main, you know, big positions that I focused on at, you know, at the beginning of the move out of their breakouts. And again, that comes down to a personality thing. I just noticed, you know, going making, you know, many model books on my own and having the uh the privilege of getting to see what Bill O'Neal was holding. They always looked like Micron and SanDisk or And now, don't get me wrong, I focused on those. To me, those were the big leaders coming back in for for that specific area. Um, but there's tons of stocks that trade like that this time around. I'm sure you can go through them and they're the ones that trade in a relatively organized pattern. They're super liquid, have relatively tight closes, um, and, you know, they respect moving averages. You can look back to the left and go in general, which where does this stock respect support? What is its personality? And I use the, you know, the prior run to help guide me on the next run and just y, >> you know, I get myself in it. I try to get anticipate my my way in which is what I did with these. And then honestly the hardest part is still hanging on till now. Not you know and not getting shaken out. And I will tell you I did not manage to hold on to to my positions till now. I got shaken out early. But so yeah. Yep. Yeah. Like SNK is a good example. I love stocks that in a strong trend respect the 10 EMA and trend. You know there's like space between the 10 and 21. This is the ideal. This doesn't always happen, but in general, respecting the 21. Uh, and you know, it it has that character, right? You learn the character looking to the left, as Ross said, you know, in a trend. SNK trends above the 10 EMA. That's a pretty clean looking chart. Uh, and then dips to the 21. It's still respecting the 21. So, definitely something to look for. Um, >> in general, they're just easier to hold and then they're still not that easy. I don't care how like Right. Yeah. I've been at it for 30 years. I've had the benefit. Yeah. I've seen this movie a million times and no matter what I tell myself and put I can put my lines in the sand and just like anyone else anywhere else if you know depending on what's happening that day or in life I can easily decide to take the pressure off by blowing out my positions on a tough day that's it you know >> and there's a question about billion because somebody said it seems to have 10% risk so this range is about 7% but I would be looking for um managing my risk at the low of the day I'm more of a swing trader That's my time frame. So if it opened here and pushed up, my stop is the low of the day. So between this and this, that's very tight risk. Or you're even using the prior day close as my stop or the 10 the 10 EMA, which would have risen around here. There's a lot of ways to set a tight and logical stop, but I would not be setting my stop at the yesterday's low because that's a big shake. That's 7%. That's way too wide for me. I like 2 to 4% is kind of my sweet spot for for stops. Um, but I think we'll call it there for now. Uh, but appreciate all you guys uh spending time with me today. Wow, we've got we've got hundreds of folks in here. That's awesome. Um, hopefully this was helpful. Hopefully seeing my process gave you some ideas of um how to improve your own or or just gave you some ideas in general about what's setting up. Um, I think what's key and what I emphasize is market leadership and themes are so important. Keep an eye on them each day. track the rotation and you'll be amazed at the feel you can develop with what's working in the market early, right? The goal is to get them at their earliest lowrisk spots. And to do that, you need to keep keep a routine like we went through today and have an idea of what to trade. So, uh, again, really hope this was helpful for you guys. Thank you guys so much for your great questions and feedback. Appreciate it. Um, again, if you're interested in the Trade Lab report, reach out to Richard.com. Uh if you're interested in DFU, reach out to hell@dfu.com and appreciate you guys immensely. Thanks so much. Um enjoy the World Cup if you guys are watching the matches later today. Uh and I'll see you guys in the next one. Cheers everybody. And thank you Ross for for answering a ton of questions as well. >> Yeah, everybody. Thank Ross in the chat. >> Always fun. >> Yep. >> Thanks everyone. Bye. >> Yep. Cheers everybody.