Tuesday Newsletter
Charts don't lie 📉📈
Today is a great example of why I lean on Volume. There are literally 1,000s of charts out there to distract us each day. How do we filter out the noise? Volume…
What were the Winners from Today? 🏆
There were other winners from today. TSLA and MSFT provided opportunities on the Short side. I’m still in on MSFT Puts. But, I also want to celebrate the process. Look at ZM below. This is why I’m a “confirmation bro.” It has saved me from a lot of pain. This did not confirm and it also serves a reminder of the need to be careful at the open 👇.
🗒️ None of my charts are a plan to jump in blindly. They are all binary conditionals; confirmation needs to occur.
White lines are Support/Resistance I’m watching
Red lines are 🎯s where I scale out(then I set my 🛑s to guarantee a win
Currently, there are no clear sectors emerging in Relative Volume. Hot Sectors will emerge in time. When they do, it will be time to “step on the gas.” Until then, let’s be highly selective and always wait for confirmation.
Here are the RVOL charts from today
⚠️ ⚠️ Each trader needs to select their OWN CONTRACTS, draw their own S/R lines and Protect their money. Protecting $, for me, means my 🛑 is always on the other side of my thesis (video).
Disclaimer: None of my charts are a prediction. I follow a Binary Process. Losses will occur. Develop your own plan. I am not an Investment Advisory. These are just my personal lines on a chart. What you do with them is up to you. Full disclaimer
Let’s get into the Updated TOP 10
Driving Question: “If QQQ is looking precarious, which Mega Tech stocks should we look at?” In other words, in uncertain times, we should watch the leaders. I have two.
#1: DKNG; Draftkings 🎰
Thesis: Oversold Inside Bar with Volume and a Gap above (gaps like to fill)
Why did they hate earnings so much?
Earnings were good actually. Q4 Earnings were actually up ~43% YoY, driven by higher average revenue per user (ARPU up ~43% to about 139) and better margin in sportsbook/iGaming
They had first‑ever positive GAAP net income
It wasn’t the Earnings. It was the Guidance:
Street revenue guidance expectations were around 7.3B for 2026, so the midpoint of 6.7B was a meaningful guide‑down from consensus.
📓My personal plan with DKNG is to Swing Calls if it confirms > 22.79
Subscribe to see the rest of my Top 10 (5 here and 4 more in Discord). The Discord Link is at the bottom of the Newsletter. I will also provide Newsletters on Mondays and Wednesdays (that’s 3 Newsletters each week w/ 10 charts). Included in the subscription is also a link to my Volume Journal.
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