Randy Dunham (@itmrandy) 's Twitter Profile
Randy Dunham

@itmrandy

equities trader ~ head of TTI Accelerator @howtoswingtrade ~ sharing what I know on Substack !

ID: 1572442624090308610

linkhttps://tradebytrade.substack.com/ calendar_today21-09-2022 04:28:42

1,1K Tweet

252 Followers

97 Following

Randy Dunham (@itmrandy) 's Twitter Profile Photo

Since the July 9 breakout, Ethereum has doubled Bitcoin's gains. Long term, $BTC will likely outperform eth because of its dominance in the crypto space.... ...but for short to intermediate-term traders, relative strength matters! It's all about finding the setups with the most

Since the July 9 breakout, Ethereum has doubled Bitcoin's gains.

Long term, $BTC will likely outperform eth because of its dominance in the crypto space....
...but for short to intermediate-term traders, relative strength matters!

It's all about finding the setups with the most
Nick Colas & Jessica Rabe (DataTrek) (@datatrekmb) 's Twitter Profile Photo

#Bitcoin has slowly become less volatile over the last decade and its recent volatility is extremely low.  This favors incremental adoption but also suggests future returns will be lower than historical norms. $BTC

#Bitcoin has slowly become less volatile over the last decade and its recent volatility is extremely low.  This favors incremental adoption but also suggests future returns will be lower than historical norms.

$BTC
Randy Dunham (@itmrandy) 's Twitter Profile Photo

I wonder what my college professors are saying now that the U.S. is turning increasingly pro-crypto... You don't have to be a long-term $BTC bull to admit the adoption for crypto has come a long way. The milestones speak for themselves.

I wonder what my college professors are saying now that the U.S. is turning increasingly pro-crypto...

You don't have to be a long-term $BTC bull to admit the adoption for crypto has come a long way. The milestones speak for themselves.
Randy Dunham (@itmrandy) 's Twitter Profile Photo

Short-term momentum in quantum names ( $QTUM ), measured by the 50d rate of change (ROC), has reached a key over extension level.

Short-term momentum in quantum names ( $QTUM ), measured by the 50d rate of change (ROC), has reached a key over extension level.
Randy Dunham (@itmrandy) 's Twitter Profile Photo

Silver ( $SLV ) remains undervalued relative to gold ( $GLD ). The 1-year trailing return spread is still >1σ above its historical average. Both are in uptrends no doubt, but I could see silver outperforming this 2H.

Silver ( $SLV ) remains undervalued relative to gold ( $GLD ). The 1-year trailing return spread is still >1σ above its historical average.

Both are in uptrends no doubt, but I could see silver outperforming this 2H.
Randy Dunham (@itmrandy) 's Twitter Profile Photo

Interest in 'tariffs' has vanished since Liberation Day. Google Trends shows searches have collapsed all the way back to Election Day levels.

Interest in 'tariffs' has vanished since Liberation Day. Google Trends shows searches have collapsed all the way back to Election Day levels.
Randy Dunham (@itmrandy) 's Twitter Profile Photo

Russell 2000 ( $IWM ) is up 20%+ in just 12 weeks. Historically, that sets up a 1-year return that is nearly double the 10-year average. (13.1% vs 7.28%) strong momentum = strong follow through

Russell 2000 ( $IWM ) is up 20%+ in just 12 weeks.

Historically, that sets up a 1-year return that is nearly double the 10-year average. (13.1% vs 7.28%)

strong momentum = strong follow through
Charlie Bilello (@charliebilello) 's Twitter Profile Photo

The US Money Supply grew 4.5% over the last year, the biggest YoY increase since July 2022. After a brief hiatus, money printing is back.

The US Money Supply grew 4.5% over the last year, the biggest YoY increase since July 2022.

After a brief hiatus, money printing is back.
Randy Dunham (@itmrandy) 's Twitter Profile Photo

Google ( $GOOG ) has earnings after market close. This name has led the rest of the MAG-7 stocks since April but is at an interesting spot.

Google ( $GOOG ) has earnings after market close. 

This name has led the rest of the MAG-7 stocks since April but is at an interesting spot.