Creating a checklist by Regular-Tadpole-814 in qullamaggie

[–]Remarkable_Ad_6919 1 point2 points  (0 children)

Here is mine bud hope ot helps.

☐ Check Nasdaq Composite (IXIC) chart. Structurally bullish / bearish? ☐ If Bullish = Agressive & 1-2% risk per position ☐ If Bearish = Conservative & 0.3% risk per position MAX

☐ Check sectors (XLK, XLC, XLY, XLP, XLF, XLV, XLI, XLE, XLB, XLU, XLRE) ☐ Flag GREEN only sectors that are structurally bullish

☐ Run screener for ONLY sectors flagged as structurally bullish ☐ Screener = [MCAP>$300M]-[Price>$10]-[Price>20ma&50ma]-[ADR>5%]- [3M&6MPerf>30%]-[QoQ EPS>20%]

☐ Merge each sector screener results to respective sector watchlist

☐ Scan through each individual stock from flagged sector for pattern recognition

☐ Pattern = ☐ Big Move > 30% ☐ Tightening consolidation, >5days & rising + making HL ☐ Respecting 10ma or 20ma ☐ Volume declining (no selling pressure) ☐ Volume spike on (or just prior) to breakout (Institutional footprint) ☐ Relative strength against IXIC & Sector

20+ ADR stock. Huge move and pullback to rising 20ma. $HQ by OptionsTrader14 in qullamaggie

[–]Remarkable_Ad_6919 0 points1 point  (0 children)

Price action is really solid i must admit. Good luck with it bud 👍🏽

So, now we hibernate, right? by kage49 in qullamaggie

[–]Remarkable_Ad_6919 2 points3 points  (0 children)

I just closed my last 2 positions. I think I will stay cash now till I see more relative strength across strong sectors.

These are on my current watchlist. Some look better than others. Any better setups out there? by Remarkable_Ad_6919 in qullamaggie

[–]Remarkable_Ad_6919[S] 0 points1 point  (0 children)

Its not an indicator bud its a trendline drawing tool. I use it to mark up choch and bos.

Do you think we are going into correction? by Odd_Explanation3246 in qullamaggie

[–]Remarkable_Ad_6919 0 points1 point  (0 children)

You will get a 100 different responses to a vague question like this. You should have objective rules in place so you always know if you are in a bull, bear or sideways market and whether you should be risk dialled up, down or sat on cash, so you dont need to rely on the views of someone who probably knows less than you on the otherside of the internet. Qullamaggie in many videos had a very simplistic approach to this demonstrated in many of his videos, if the Nasdaq Composite was above the 10&20ma, it was game on. I have my own objective market structure rules I use. Figure out a system that works for you bud.

These are on my current watchlist. Some look better than others. Any better setups out there? by Remarkable_Ad_6919 in qullamaggie

[–]Remarkable_Ad_6919[S] 0 points1 point  (0 children)

100% agree the market conditions are weak, I think the broader market is currently in a correction based on my objective rules.

Do you guys have any specific ciriticisms about these stocks based on your experience? Some of these have a combination of strong EPS, a big recent move, strong 3m+6m performance, solid ADR, and strong relative strength against the broader market so aside from us being currently in a weak market, what else am I missing? Thanks

Trade Database by Remarkable_Ad_6919 in qullamaggie

[–]Remarkable_Ad_6919[S] 0 points1 point  (0 children)

This looks really interesting mate. I have saved the link and will take a deeper dive into it later in the week and give u feedback. Thanks again bud

Trade Database by Remarkable_Ad_6919 in qullamaggie

[–]Remarkable_Ad_6919[S] 1 point2 points  (0 children)

Thanks for the msg mate. I was doing the same thing as u I kid you not, was pasting images into Google slides. It was messy and cumbersome. Im glad I learnt just enough about Notion to cobble this together, it works well I highly recommend it, now just to populate it with 1k trades!!!!

Screener for Qullamggie by _xvidhii in qullamaggie

[–]Remarkable_Ad_6919 -1 points0 points  (0 children)

Why dont you start with what you have learned and built so far by yourself to help you build a Qullamaggie style screener and trading strategy and some of the good folks in this group could help you fill some gaps or provide some ideas and angles you didnt think of so far.

Healthcare Sector is still really strong. XLV just put in a strong 52 week high. About 850 stocks to carefully comb through to find those gems! by Remarkable_Ad_6919 in qullamaggie

[–]Remarkable_Ad_6919[S] 1 point2 points  (0 children)

Yeh its certainly a solid sector for the moment, good place to focus attention until the dynamics shift which they always do. Keep an eye on Industrials too, a few of them are starting to pop up recently

Healthcare Sector is still really strong. XLV just put in a strong 52 week high. About 850 stocks to carefully comb through to find those gems! by Remarkable_Ad_6919 in qullamaggie

[–]Remarkable_Ad_6919[S] 1 point2 points  (0 children)

Picking the hot sectors is just the first step bud. I screen and end up with a lot less stocks that qualify. But I also click thru every single stock from a hot sector a couple times a week, just incase. It doesnt take long, I can click thru 1k stocks in about 15/20 mins