Leif Soreide

Leif Soreide@LeifSoreide

Changed my mind on the memory trade, buyers might not be able to hold it up here...

tweeted Wed, Sep 2 · counted from Thu, Sep 3 close

Leif Soreide@LeifSoreide

$XBI one of the better charts out there: cup and handle action. Strength is being sold into. They are "feeding the ducks" as they say into any little pop.

tweeted Wed, Sep 2 · counted from Thu, Sep 3 close

Leif Soreide@LeifSoreide

Breakouts aren't going to work well against this condition, as $IWM (I'm short) breaks below the 50sma and bond yields move higher. This short didn't work the last time I tried it for a tiny loss. It is a difficult market, even though groups like cybersecurity and biotech were

tweeted Tue, Sep 1 · counted from Wed, Sep 2 close

Leif Soreide@LeifSoreide

The pattern worth internalizing right now is the post-earnings pullback buy. $ANET and $NET are both strong names that pulled back with the market as their themes paused, then set up as buyable turns off the dip rather than extended breakouts. That's the key, the damage was

tweeted Fri, Aug 28 · counted from Mon, Aug 31 close

Leif Soreide@LeifSoreide

$NET good post earnings pullback buy with software going wild for now. I also thought memory chip names would hold some gains today, but maybe I can't read the $NVDA notes correctly! 😂 $FROG $QLYS also on focus got away.

tweeted Thu, Aug 27 · counted from Fri, Aug 28 close

Leif Soreide@LeifSoreide

$NVDA not doing much! Lots of doom headlines, but it's about flat for now. Huge memory spend might reignite the memory sector.

tweeted Wed, Aug 26 · counted from Thu, Aug 27 close

Leif Soreide@LeifSoreide

All eyes on $NVDA earnings tonight 👀 I don't think it has to do much on earnings. It has already sold off for over a week, so the weak hands may already be out. Nice cup-and-handle action, but still lagging compared to the leaders, especially AI-enabled biotech. Could be set

tweeted Wed, Aug 26 · counted from Thu, Aug 27 close

Leif Soreide@LeifSoreide

$ANET not a bad move today, once we get through $NVDA earnings we might get some recent tech leadership trending again into year end.

tweeted Wed, Aug 26 · counted from Thu, Aug 27 close