Rotation from Value to Growth

6/7/21 pins

Blue Chip Daily Premium on Twitter: “$PINS had a strong move back over the 200-sma and the 20-sma has started to turn up. Over 60 is key. https://t.co/3y3sm78BFQ” / Twitter

TWEETS
4/5/21 NVDA BREAKING OUT:
(2) Blue Chip Daily Premium on Twitter: “$NVDA is further up the chart than AMZN and AAPL, broke out in Feb and then pulled back with growth overall. 560 is a a near term breakout level. https://t.co/DYV8Klssr0” / Twitter

4/7/21 GDX
(2) Blue Chip Daily Premium on Twitter: “For those who follow Gold & $GDX closely, both look to be holding at longer-term support for now. $1675 on Gold is the April/June 2020 lows, which held in early March 2021 as well. https://t.co/YOWCAV1t9q” / Twitter

4/8/21 GDX
(2) Blue Chip Daily Premium on Twitter: “$GDX Weekly has a fairly deep MACD cross pending, which often can precede bigger moves. https://t.co/87boxbQ7FH” / Twitter

5/3/21 TECH
(2) Blue Chip Daily Premium on Twitter: “Cyclicals pulled back in mid/late March, as growth stocks recovered higher, & now many of the cyclicals have made new highs–I believe that these pullbacks in the higher quality tech names in uptrends is constructive as well. The growth stocks near the lows could be more volatile.” / Twitter

5/4/21 UPS
(2) Blue Chip Daily Premium on Twitter: “Some of the cyclical breakouts, while very strong with solid breakouts, are extended past ideal buy points and something to be aware of – $UPS. https://t.co/9XBvo2zsnS” / Twitter

5/5 TECH

(2) Blue Chip Daily Premium on Twitter: “These tech pullbacks over the last 9 months have all resolved to the upside – with alot of recent breakouts. If $QQQ stays over 320-325, I will view it as a corrective pullback. Observation only, still remains to be seen. https://t.co/zMja3c8VX3” / Twitter

 

5/4 CX SELL
(2) Blue Chip Daily Premium on Twitter: “I locked in gains on 20% of my open $CX position at +23%. Still a top longer term idea, but I am locking in some gains here & still holding the core position. Email sent. https://t.co/VNmtnoFO40” / Twitter

5/5 TECH
(2) Blue Chip Daily Premium on Twitter: “Mega caps trading up early with $QQQ at 332. Tech was the highest ranked on my pullback screener last night, so I’d like to see over 325 hold in $QQQ. https://t.co/cTeXyyi0U5” / Twitter

5/5 SELLING CYCLICALS
(2) Blue Chip Daily Premium on Twitter: “I’ve been booking some gains in the cyclicals here, due to the higher than average sector volatility over the last few months. They are still a top longer term idea.” / Twitter

5/6 SELLING FCX
(4) Blue Chip Daily Premium on Twitter: “I booked gains in 20% of my combined $FCX position (2 separate buys). Filled at +188% from my 8/6/20 buy. I’m still holding a core position + $XME and $MT in the sector. Email sent. https://t.co/Mx9oDN1fqe” / Twitter

4/15 AVOIDNG COIN AT 333
Blue Chip Daily Premium on Twitter: “I’m not doing anything with $COIN here. Interesting company, from what I read they are profitable, and it could have alot of potential, but with only two days of trading, there is no real trend analysis that I can apply to it. 300, 310 and 350 are key technical levels near term. https://t.co/f5Ez6atr2c” / Twitter

5/6 UPS EXTENDED
(2) Blue Chip Daily Premium on Twitter: “$UPS +22% from here, but daily RSI at 82 as well. Strong industries and breakouts longer term, but extended daily RSI. https://t.co/mAkZ3Vwn54” / Twitter

5/6 DIAL BACK CYCS
(2) Blue Chip Daily Premium on Twitter: “@SB868 I’m seeing the tech charts start to improve on the pullback for now. I’ve dialed back some cyclicals in case of more sharp (but constructive) rotations, after some strong breakouts.” / Twitter

5/11 PLTR LOW
(2) Blue Chip Daily Premium on Twitter: “Interesting reversal in $PLTR which was down 7% or so premarket, but trading +5% early. I’m not considering the stock, based on it’s chart, but I’m curious to see if it can reverse and what $QQQ does. https://t.co/QBkZMiDcs5” / Twitter

5/11 TECH LOW
(2) Blue Chip Daily Premium on Twitter: “Seeing a few red to green early reversals, some in cloud and high growth. An ideal close in the indices would be a reversal higher, but that’s not anything that I am forecasting at all. It’s still very early in the day. Observations only.” / Twitter
5/11 ARKK
(3) Blue Chip Daily Premium on Twitter: “$100 becomes a key level in $ARKK. If $ARKK and $QQQ hold, then AMZN, TSLA, SQ should pick up as well. It’s in an intermediate term downtrend with alot of the cloud names, but could have sharp bounces along the way. Higher risk, higher potential reward. https://t.co/RdyKGvEBEd” / Twitter
5/11 TECH LOWS
(3) Blue Chip Daily Premium on Twitter: “Tonight’s Recap: Tech/growth stocks trying to put in a low, normal rotation attempt for now from non-tech into tech. Gold miners improving. https://t.co/Ylj2BTUbOI” / Twitter
5/11 TECH
(3) Blue Chip Daily Premium on Twitter: “Some nice reversals higher in the mega cap tech/growth names today. It is important for today’s lows to hold and for a follow through day soon. $QQQ https://t.co/V2PcNmysgT” / Twitter
(3) Blue Chip Daily Premium on Twitter: “In 2012-2013 and 2016 – 2018 bond yields $TNX doubled. $SPX went much higher both times. While that has no bearing on today, it shows that higher $TNX does not necessarily mean lower $SPX. https://t.co/eUN2xK4bOX” / Twitter

(3) Blue Chip Daily Premium on Twitter: “The $XOP weekly chart is my favorite sector potential upside chart here. Energy is volatile, but if it can break out, there is alot of potential upside. https://t.co/lH8YTiAifU” / Twitter

5/14 ARKK BOTTOM CALL
(3) Blue Chip Daily Premium on Twitter: “$ARKK daily RSI closed at 28, which has often marked near term lows for the ETF. That could bring in some technical buying/short covering. I’m not considering the chart, in a steep downtrend, but any stability there could help $QQQ $SQ $TSLA and other high growth stocks. https://t.co/BDODdb4uss” / Twitter

(3) Blue Chip Daily Premium on Twitter: “Mega cap group trading up early. $GOOGL $FB $ASML $CSCO $ORCL are the best charts in the group, over the 50-sma. $TSLA $NVDA are the higher beta/reward/risk charts if $QQQ holds and turns up. https://t.co/jmko2hH3Sy” / Twitter

(3) Blue Chip Daily Premium on Twitter: “$ARKK picking up through the day and higher beta stocks like $SNOW $DASH leading. This group often has sharp counter trend moves, but are much higher risk/reward. $SE is one of the higher beta charts over the 200-sma. https://t.co/xq01meTuAY” / Twitter

5/15 NYMO OS
(3) Blue Chip Daily Premium on Twitter: “$NYMO at -66.55 is at oversold levels that often precede a reversal higher. I don’t focus very much on indicators, as oversold can always get more oversold, but something that I am watching here. https://t.co/hTQvXEA945” / Twitter
5/14 MAJOR QQQ BOTTOM CALL
(3) Blue Chip Daily Premium on Twitter: “$QQQ coming of the 34 RSI + oversold NYMO & ARKK 28 RSI could all indicate a near term selling wash out. Will see how everything closes today. 2 higher lows so far vs early March lows. Volume light for now. https://t.co/MCSwFbraOP” / Twitter

5/12 TECH IDEAS
(3) Blue Chip Daily Premium on Twitter: “For those looking for tech and growth pullbacks, I think FB, GOOGL, MSFT, NVDA are better ideas in their uptrends. DELL, ORCL and STX in lower valuation tech. SQ, SE and the cloud names often move the fastest, but will be more volatile charts – higher potential reward/risk.” / Twitter
5/16 BOTTOM CALL TECH
(3) Blue Chip Daily Premium on Twitter: “Going through the large cap charts this weekend in all sectors, overall they are set up better after last week’s pullback. NYMO and CPC both reached Nov levels, which often marks oversold. QQQ 34 RSI ARKK 28 RSI reached as well. I’ll cover the charts shortly.” / Twitter
5/16 TREND REPORT
(3) Blue Chip Daily Premium on Twitter: “Weekly Report https://t.co/ai8bjhkgQs” / Twitter

5/18 ARKK OFF THE LOWS
(3) Blue Chip Daily Premium on Twitter: “$ARKK picking up early – a key barometer for the higher growth stocks. These are higher R/R charts, I’m not considering any there, as I have SQ and TSLA. Any move higher in ARKK would be positive overall for $QQQ https://t.co/rZZcRkLPFd” / Twitter

5/18 MOMO RALLY(3) Blue Chip Daily Premium on Twitter: “Alot of higher momentum stocks that sold off are leading early PLUG PTON ROKU SNOW PDD + ARKG – some rotation into those stocks would help QQQ and any pullback in non tech names would offer a good consolidation.” / Twitter

5/19 FOMC ON HOLD
Blue Chip Daily Premium on Twitter: “Stocks pulled back after the April FOMC minutes came out and tapering was discussed. They’ll have to start to tighten at some point, but I’d think not until they get employment #s back on track.” / Twitter

5/22 MOMO RECOVERY
Blue Chip Daily Premium on Twitter: “There have been alot of sharp counter trend moves in this group, cloud, clean energy and solar, over the past week. They are still in longer term downtrends, so something to be aware of as far as time frames. https://t.co/AYM51yRGRu” / Twitter

Blue Chip Daily Premium on Twitter: “The high beta group that I covered tonight. Alot of primary downtrends, but alot of reversals off the lows today. I’m not considering any of these charts, due to the downtrends, but if they can stabilize, it would be a positive for $QQQ. They often have sharp counter trend moves https://t.co/b2jAmeJLpD” / Twitter

5/20 NVDA HOLD
Blue Chip Daily Premium on Twitter: “$NVDA held the 200-sma yesterday. I expect it to trade more in line with the ARKK stocks – higher valuation, higher beta- than the FANG stocks. https://t.co/IAsuaHvGdI” / Twitter

5/21
Blue Chip Daily Premium on Twitter: “@DavidNYC1993 I dialed back about 30% of it, b/c I have a big gain in it + $XME $MT exposure. Need to book some gains along the way too – it’s still my biggest single stock position.” / Twitter

5/21 NVDA
Blue Chip Daily Premium on Twitter: “$600 is a key level for $NVDA if it can close above. https://t.co/LK7nk6qxHu” / Twitter
5/21 F BREAKOUT OMVE
Blue Chip Daily Premium on Twitter: “$F back over the 50-sma, getting alot of press with the electric truck. Alot of support in the 11-12 range. Automakers expect the chip shortage to end this quarter. https://t.co/IK2ntqRstF” / Twitter
5/21 SHOP
Blue Chip Daily Premium on Twitter: “$SHOP steady buying all week. https://t.co/J3qNgb4u6d” / Twitter
5/24 NET IMPROVING
Blue Chip Daily Premium on Twitter: “$NET one of the better high growth charts as well, held the 200-sma, trying to turn up. https://t.co/qERd09qece” / Twitter
Blue Chip Daily Premium on Twitter: “In the higher growth group, $NET has been improving and held the 200-sma recently. 65 is longer term support. https://t.co/SSZOO8ZcdW” / Twitter

Blue Chip Daily Premium on Twitter: “$NET $SE nice reversals in some of the higher growth stocks so far. https://t.co/f9RpTVHLOU” / Twitter

5/26 RBLX BUY IT
Blue Chip Daily Premium on Twitter: “$RBLX new highs on the breakout. The ideal buy is at the new high, when posted Sunday night/Monday AM – as they pull further away, it can increase volatility, but a strong b/o so far. https://t.co/g1oXZz69KO” / Twitter
5/26 CRWD
Blue Chip Daily Premium on Twitter: “$CRWD picking up early – that and $SE are the only two higher growth tech former leaders on the high beta list from the weekend, but if the charts continue to improve, I’ll might add more on Sunday. These are much better charts than those below the 200-sma and declining MAs. https://t.co/08c5JS0V20” / Twitter

5/27 TECH FLATTENINGOUT
Blue Chip Daily Premium on Twitter: “$SNOW pulling back after earnings, but the higher growth group has been showing signs of trying to put in some kind of base. Their downtrends are starting to flatten out, which is a positive if they hold > recent lows. https://t.co/BxroNmLUw3” / Twitter

5/28 ARKK GOOD
Blue Chip Daily Premium on Twitter: “$ARKK with a key test not far off vs the overhead 50 & 200-sma. https://t.co/FxYkbGXcwE” / Twitter