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12 hours ago, Takachi-1 said:let me guess……. you didn’t write that “Maximize Your Trading Edge” piece.
You could tell? 😁
To be clear. I do the research and I write the body of the reports, me, myself, and I alone. I have been experimenting with Alvin (we call him AI for short) writing an executive summary from the finished report, which I revise to show the key points that I want to emphasize. It does save time.
AI’s coming in most helpfully in two tasks. One is writing marketing fluff, which I stink at. The other is in refining my swing trade selection screens. I’ve been able to narrow in on the patterns that I want much more efficiently than in the past. Once I get to a manageable number of charts, I visually review those and choose from them. Before the AI refinements I added to my algos, I often had 40 charts to review, to sometimes more than 100. It was too much. Way too many false signals. So I got AI to write refinements to my algos that would focus on specific patterns.
That does two things. First, it saves a lot of time. Second, it has been finding really nice setups. It’s early, but the results are promising. One pick that it found jumped 18% yesterday, and more than 10% from the opening price. I’ve been testing this in my own trading account. Since the most recent tweaks I’ve made, I’ve had 3 solid gains in the last 3 days in live trading. Yesterday, no losers. So I’m cautiously optimistic.
Of course, the big guys on Wall Street, both dealers and whale hedge funds, have had all this stuff for a couple years. Agentic AI is coming that will run their trading systems themselves. Then what? Machines trading with each other while the “owners” just collect the cash flow? What happens when the AI agents decide they don’t need no fuckin owners.
Who the fuck knows?
This morning, the machines seem to have found a way to make the markets go straight up, without so much as a “By your leave. ” A meltup channel has formed on the ES hourly 24 hour S&P fuguetures. The moving averages that I use to make cycle projections are tracking on top of each other in a straight line for the 5 day cycle, so no projection on that. The 2-3 day cycle projection looks to be 6120. The high base pattern breakout yesterday supports a conventional measured move target of 6100.
The big base pattern from early January supports a measured move target of 6350. I don’t think we’ll get there today. Unlock Market Trends: S&P 500 and Dow Analysis for January 2025
Moron the markets:
- Unlock Market Trends: S&P 500 and Dow Analysis for January 2025 January 21, 2025
- S&P 500 Outlook: Key Levels and Cycles for January 2025 January 21, 2025
- Maximize Your Trading Edge with Weekly Technical Chart Insights January 20, 2025
- Top Swing Trade Picks for Subscribers- Jan 20, 2025 January 20, 2025
- Gold Trends and Insights- Subscriber Report, Link CorrectedJanuary 20, 2025
- Primary Dealer Stress: Big Risks Delayed, Not Denied, in the Treasury and Equity Markets January 15, 2025
- Macro Liquidity Trends: Insights on Repo, Treasury Actions, and Market Dynamics January 10, 2025
- Withholding Taxes Surge – Could This Signal a Market Breakout? January 7, 2025
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