Tesla
לונג

Beating SP500 with SP500: Outperformed The Index Its Own Weapons

מעודכן
Hi, all.
Hope you're doing well.

Looks like a good time to share a summary of a post I made almost a few years ago about SP500 stocks, 23.02.2022. Back then, I relied solely on technical analysis. Fast forward two years and the majority of my picks have proven to be quite accurate, showcasing the effectiveness of technical analysis in investing.

While the SP500 gained around 10%, my selected stocks outperformed with an impressive 35% gain. Out of the 75 stocks I handpicked, 51 are currently in profit, 12 are in the red, and the rest didn't reach enough close to the zone or haven't made a breakout yet. So 63 has triggered and it will give a winning percentage of more than 80%. I'm okay with that.

These results show the importance of technical analysis in making informed investment decisions. It's a clear example of how understanding market trends and patterns can lead to substantial gains, even when ignoring company fundamentals.

These results challenge the notion that picking individual stocks is fairly difficult to beat market averages. Instead, it demonstrates that with the right skills and a strategic approach to technical analysis, it's not only possible but achievable.

I'm excited about these outcomes and look forward to further refining my strategies in the ever-evolving world of finance.

Results are calculated by purchasing with an equal amount of money from every area that I drew and holding these until today (started to make this post quite a few days ago so it can add a bit of variation).

If the price falls through the box and comes back afterward then I always calculate from the middle of the box that purchase price. If I had done it at the best possible price then these results would have been significantly better. I did it the optimal way, you will see yourself...



1. AAPL - a load-it-up type of thing has worked out nicely. Used previously worked resistance levels. If the stocks performing well and the market cap is big then these levels can help you to get on board.
Current profit 42%
Before: תמונת-בזק
After: תמונת-בזק


2. ADBE - came down quite roughly but it found support and back above fairly quickly.
Current profi 67%.
Before: תמונת-בזק
After: תמונת-בזק


3. AMD - round nr., strong resistance level becomes support and the climb can continue.
Current profit 80%
Before: תמונת-בזק
After: תמונת-בזק


4. AMZN - split. Came down from high prices to the marked levels and those who were patient enough got rewarded nicely.
Current profit 34%
Before: תמונת-בזק
After: תמונת-בזק


5. ANET - retest of the round nr. worked perfectly, as a momentum price level, after the strong breakout.
Current profit 143%
Before: תמונת-בזק
After: תמונת-בזק


6. APTV: Came down quite sharply and it will take some time to start growing from here, if at all.
Current loss -2%
Before: תמונת-בזק
After: תמונת-בזק


7. AXP - firstly the round nr. 200 worked as a strong resistance level. Another example is to avoid buying if the stock price approaches bigger round numbers the first time. Came to a previous resistance level and rejection from there…
Current profit 34%
Before: תמונת-בזק
After: תמונת-בזק


8. BIO - in general I like the price action, kind of smoothly to the optimal zone. It might take some time to start growing from here but also fundamentals need to look over.
Current loss 13%
Before: תמונת-בזק
After: תמונת-בזק


9. BLK - kind of flawless. Worked perfectly.
Current profit 48%
Before: תמונת-בזק
After: תמונת-בזק


10. BLL - a perfect example of why you should wait for a breakout to get a confirmed move. No trade.
Before: תמונת-בזק
After: תמונת-בזק


11) Berkshire Hathaway (BRK.B) - Buy the dip. Again, as Apple, a big and well-known company - all you need to do is to determine the round numbers and small previous resistances that act as support levels.
Current avg. profit from two purchases 28%
Before: תמונת-בזק
After: תמונת-בזק


12) Cardinal Health (CAH) - the retest isn't as deep as wanted but still a confirmed breakout and rally afterward.
Before: תמונת-בזק
After: תמונת-בזק


13) Ceridian HCM Holding (CDAY) - found support from the shown area but not much momentum.
Current profit 33%
Before: תמונת-בזק
After: תמונת-בזק


14) Charter Communications (CHTR) - technically speaking it is a quite good price action but kind of slow momentum from the shown area. So, it can take some time if the fundamentals are ok.
Current loss -14%
Before: תמונת-בזק
After: תמונת-בזק


15) Comcast Corp. (CMCSA) - got liquidity from new lows, pumped up quickly, and is currently fairly solid.
Current profit 16%
Before: תמונת-בזק
After: תמונת-בזק


16) Cummins (CMI) - close one, got rejected a few points before my shown area from the first role reversal (old resistance becomes support)
Before: תמונת-בזק
After: תמונת-בזק


17) Salesforce.com (CRM) - perfect. 50% drop, strong horizontal area, and mid-round nr did the work.
Current profit 74%
Before: תמונת-בזק
After: תמונת-בזק


18) Cisco Systems (CSCO) - worked and slow grind upwards can continue.
Current profit 18%
Before: תמונת-בזק
After: תמונת-בזק


19) Caesars Entertainment (CZR) - not in good shape imo. It has taken too much time and the majority of that is sideways movement.
Current loss 4.8%
Before: תמונת-בזק
After: תמונת-בזק


20) Devon Energy (DVN) - inside the area and actually active atm. Still, now I’m seeing a bit deeper correction than shown.
Before: תמונת-בזק
After: תמונת-בזק


21) Electric Arts (EA) - waiting for a breakout. It will come and it will be strong afterwards!
Before: תמונת-בזק
After: תמונת-בזק


22) eBay (EBAY) - inside the area but yeah, looks like not much power there.
Before: תמונת-בזק
After: תמונת-בזק


23) Enphase Energy (ENPH) - got a breakout, got a retest, and did ~70% rally after that! If you still hold it, as I do statistics, then…
Current loss -30%
Before: תמונת-בזק
After: תמונת-בזק


24) Expeditors International of Washington (EXPD) - kind of worked but didn't reach. No trade.
Before: תמונת-בזק
After: תמונת-בזק


25) Meta Platforms (META) - one of the best examples that you want to be in the markets and technical areas should give you the confidence to make your move! Run through the area but very quick and consistent comeback.
Current profit 86%
Before: תמונת-בזק
After: תמונת-בזק


26) FedEx (FDX) - I love the outcome of this. Very solid price action and multiple criteria worked as they should. Perfect.
Current profit 65%
Before: תמונת-בזק
After: תמונת-בזק


27) First Republic Bank (FRC) - firstly got a solid 30 to 35% gain from the shown area but...we cannot fight with the fundamentals.
Current loss 99%
Before: תמונת-בזק
After: תמונת-בזק


28) General Motors (GM) - slow but has started to show something.
Before: תמונת-בזק
After: תמונת-בזק


29) Alphabet (GOOG) - load it up 3.0, a good and strong company, and use every previous historical resistance levels to jump in.
Current avg. profit after three different price level purchases 32%
Before: תמונת-בזק
After: תמונת-בזק


30) Genuine Parts (GPC) - rallied quite strongly without a retest but now has started to approach my shown level.
Before: תמונת-בזק
After: תמונת-בזק


31) Goldman Sachs (GS) - really close one but still count it in.
Current profit 33%
Before: תמונת-בזק
After: תמונת-בזק


32) Hormel Foods (HRL) - quite bad performance here. Two trades, two losses.
The current loss combined these two together is 35%
Before: תמונת-בזק
After: תמונת-בזק


33) Intel (INTC) - one of my favorites again. Looks like the zone is in the middle of nowhere but the rejection came exactly from the box with good momentum in it.
Current profit 64%
Before: תמונת-בזק
After: תמונת-בזק


34) Ingersoll Rand (IR) - sweeeet!
Current profit 87%
Before: תמונת-בזק
After: תמונת-בזק


35) Intuitive Surgical (ISRG) - the trendline, 50% drop, strong horizontal area. Ready, set, go! Sweeet 2.0 ;)
Current profit 62%
Before: תמונת-בזק
After: תמונת-בזק


36) Johnson Controls International (JCI) - the retest worked quite nicely but did not have enough momentum. So probably it moves sideways for a while.
Current profit 14%
Before: תמונת-בזק
After: תמונת-בזק


37) Johnson & Johnson (JNJ) - Buy the dip and we had only one dip :)
Before: תמונת-בזק
After: תמונת-בזק


38) CarMax (KMX) - the area is strong but not enough momentum in it so I take it as a weakness.
Before: תמונת-בזק
After: תמונת-בזק


39) Kroger Company (KR) - breakout occurred, retest also but nothing more to say.
Current loss -6%
Before: תמונת-בזק
After: תמונת-בזק


40) Lennar Corp. (LEN) - strong resistance level becomes strong support.
Current profit 133%
Before: תמונת-בזק
After: תמונת-בזק


41) LKQ Corp. (LKQ) - haven’t reached yet but still, it should be solid.
Before: תמונת-בזק
After: תמונת-בזק


42) Southwest Airlines (LUV) - no breakout = no trade! Don’t cheat! Your money can be stuck forever but in the meantime, other stocks are flying as you also see in this post. If there is a solid resistance, wait for the breakout and possibly retest afterward!
Before: תמונת-בזק
After: תמונת-בזק


43) Las Vegas Sands (LVS) - channel inside a channel projection ;) TA its own goodness!
Current profit 60%
Before: תמונת-בזק
After: תמונת-בזק


44) Microchip Technology Incorporated (MCHP) - nice one!
Current profit 67%
Before: תמונת-בזק
After: תמונת-בזק


45) Altria Group (MO) - got a decent break but lacked momentum after that and sideways movement can continue.
Current loss -11%
Before: תמונת-בזק
After: תמונת-בזק


46) Moderna (MRNA) - still inside a quite wide zone but nothing too exciting from my point of view.
Before: תמונת-בזק
After: תמונת-בזק


47) Morgan Stanley (MS) - the first stop has worked, and got some movements.
Current profit 27%
Before: תמונת-בזק
After: תמונת-בזק


48) Microsoft (MSFT) - Load it up 4.0, buy the dip has worked again with well-known stock.
Three purchases and avg. return from these are amazing 54%
Before: תמונת-בזק
After: תמונת-בזק


49) Match Group (MTCH) - if I look at it now then I don’t really like this chart at the beginning but it is what it is and we accept the loss.
Current loss -57%
Before: תמונת-בזק
After: תמונת-בזק


50) Netflix (NFLX) - almost the same as Meta. Came quite sharply but the recovery has been also quick. Another proof that you want to be on the market if these rallies occur.
Current profit 62%
Before: תמונת-בזק
After: תמונת-בזק


51) NRG Energy (NRG) - wait for the retest
Before: תמונת-בזק
After: תמונת-בזק


52) NVIDIA (NVDA) let this speaks for itself!
Current profit 200%
Before: תמונת-בזק
After: תמונת-בזק


53) NXP Semiconductors (NXPI) - usually the sweet spot stays in the middle of the box, and also as I look over these ideas quite a few have started to climb from the first half of the box.
Current profit 72%
Before: תמונת-בזק
After: תמונת-בזק


54) Pfizer (PFE) - yeah, got rejected after it came to retest the area the first time to around 30% but after that - slow death.
Current loss -29%
Before: תמונת-בזק
After: תמונת-בזק


55) PerkinElmer - “after” is EUR chart but you get the point.
Before: תמונת-בזק
After: תמונת-בזק


56) Pentair (PNR) - worked correctly, 50% drop combined with the horizontal area, easily recognizable, and the result is quite okay.
Current profit 65%
Before: תמונת-בזק
After: תמונת-בזק


57) Public Storage (PSA) - slowly has fallen to the zone and first impressions are on the chart already.
Current profit 20%
Before: תמונת-בזק
After: תמונת-בזק


58) PayPal (PYPL) - the area just lowers the speed of dropping :)
Current loss -29%
Before: תמונת-בזק
After: תמונת-בזק


59) Qorvo (QRVO) - it can be a “late riser”, let’s see.
Current profit 24%
Before: תמונת-בזק
After: תמונת-בזק


60) Rockwell Automation (ROK) - sweet, worked again like a charm.
Current profit 52%
Before: תמונת-בזק
After: תמונת-בזק


61) Rollins (ROL) - after posting it didn’t come to retest the shown area. Being late for a couple of weeks. Worked but cannot count it in, the only thing I can count is that my bias was correct ;)
Before: תמונת-בזק
After: תמונת-בזק


62) Snap-On Incorporated (SNA) - same story!
Before: תמונת-בזק
After: תמונת-בזק


63) Seagate Technology (STX) - firstly it came there! Look how far it was, the technical levels are like magnets, the price needs to find some liquidity for further growth and these areas can offer it. I like this, and the climbing can continue.
Current profit 42%
Before: תמונת-בזק
After: תמונת-בזק


64) Skyworks Solutions (SWKS) - one of the textbook examples of how trendline, 50 drop, round nr. and strong horizontal price zone should match. A bit slow but oohhh boy I want this will play out. I have talked about this idea in several presentations and it is kind of a perfect example of how these criteria can determine the strongest zone on the chart!
Before: תמונת-בזק
After: תמונת-בזק


65) TE Connectivity (TEL) - came down, and got a rejection. “Simple” as that.
Current profit 34%
Before: תמונת-בזק
After: תמונת-בזק


66) Thermo Fisher Scientific (TMO) - mister Ranging Market. Nothing but last month got a bit of volume from the liquidity zone and let’s see what it can do.
Before: תמונת-בזק
After: תמונת-בזק


67) Trimble (TRMB) - currently up but the price action signs that it can stay ranging for some time.
Current profit 19%
Before: תמונת-בזק
After: תמונת-בזק


68) Tesla (TSLA) - made a split. Have been successfully recommended many times after that here and there but two years ago was these price levels and..
The current profit after two purchases is 16%
Before: תמונת-בזק
After: תמונת-בזק


69) Train Technologies (TT) - dipped the box and off it goes!
Current profit 91%
Before: תמונת-בזק
After: תמונת-בזק


70) Take-Two Interactive Software (TTWO) - I like this analysis a lot. Worked as a clockwork.
Current profit 60%
Before: תמונת-בזק
After: תמונת-בזק


71) United Rentals (URI) - scam :) have some closest calls counted in and here is another one.
Current profit 128%
Before: תמונת-בזק
After: תמונת-בזק


72) Waters Corp. (WAT) - came to the box as it should be slow and steady. As the plane came to the runway.
Current profit 33%
Before: תמונת-בזק
After: תמונת-בזק


73) Exxon Mobil Corp. (XOM) - another escaped winner. Didn’t come down to retest my retest area so, missed it.
Before: תמונת-בזק
After: תמונת-בזק


74) Xylem (XYL) - nice to see that the majority of these areas are working very nicely!
Current profit 49%
Before: תמונת-בזק
After: תמונת-בזק


75) Autodesk (ADSK) - slowly, slowly but worked and climbing from the shown area.
Current profit 42%
Before: תמונת-בזק
After:תמונת-בזק


As we summarise this journey through the past two years of market analysis and stock picking, it's clear that the power of technical analysis has been a guiding force in achieving remarkable results.
As said, these chartings are made solely based on technical analysis but if you add here a bit of fundamentals then these results can be much better. Probably would have avoided some losses. If possible, always use both analyses. Let this post prove to you that technical analysis works in most cases and helps you find good entry points. These areas act like magnets. Sooner or later the price will still reach these levels. I like this saying a lot and I will end my post with it: fundamental analysis tells you what to buy, technical analysis tells you when to buy!

Hopefully, you liked this post, learned something from it and if it isn't too much to ask then which one was your favorite?


Take care & happy trading,
Vaido
הערה
Hi,

Just in case putting PART 1 here as well:
BIG POST! Technical Analysis of 75 Stocks From The S&P 500 List!


Regards,
Vaido
AAPLamazonChart PatternsindexTechnical IndicatorsmetanvidiaS&P 500 (SPX500)StocksteslaTrend Analysis

גם על:

פרסומים קשורים

כתב ויתור