IncomeSharks

655,076 Twitter followers

Stock, crypto, and market education, analysis & predictions. I will never ask you for money, be careful of impersonators. Only on X and YouTube. IG is NOT me.

Posts

Signal Clone Analysis

IncomeSharks

$NFLX - Has basically pulled a Bitcoin. So weak couldn't even form a right shoulder, and keeps going and took out the April lows.

$ETH - Even as a long term bull I still can't see a reason to get back in yet. If Bitcoin already took out the April lows I don't see why it doesn't eventually do that.

ETH

1.15%

IncomeSharks

$BTC OBV gave a pretty clear warning in october. I hope the $SPY warnings are just more of panic selling and we don't retrace the April lows like Bitcoin did. twitter.com/IncomeSharks/statu...

BTC

1.02%

IncomeSharks

Being short the Mag 7 is up 8% YTD. Finally seeing some rotation back to other value stocks. twitter.com/IncomeSharks/statu...

MAG

IncomeSharks

Been pretty vocal about the rotation. The vast majority of consumer staple stocks up double digits YTD while most of the Mag 7 is down. The market propped by the Mag 7 for a long time now allowing other stocks to start having some fun. Value and P/E are starting to matter again. twitter.com/IncomeSharks/statu...

MAG

IncomeSharks

Thread

$BTC - There's plenty of other trades moving right now in the stock market, you can always come back to Bitcoin. It's a hard lesson to learn but you aren't going to miss the bottom, you will have time to get back in.

BTC

1.02%

IncomeSharks

The pendulum from overvalued growth stocks swinging back to value plays that got hammered from inflation is the reason why it feels like a bear market while some indexes are at ATHs. Retail historically invests heavy in growth which is why there's so much panic.

IncomeSharks

Same question, does this look more bullish or bearish? twitter.com/IncomeSharks/statu...

IncomeSharks

$XLP - The most boring stocks are outperforming right now. Consumer staples like food, packaging, retail, and other household staples. Regardless of the economy people still need to eat.

EAT

5.14%

IncomeSharks

If your trading style is slow and boring, you are investing. If it's fast and fun, you are gambling. The best way to balance this is to put majority of your net worth into the boring stuff and then try to feed the boring account with the fun account knowing you have a safety net.

EPT

5.21%