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Tim Knight Reveals Why You Are Trading Wrong

NowPress play to follow along0:00 / 26:17
Chapters28 segments · tap to seek
ticker lesson

Breakdown

0:00lesson

Market trends and price gaps

  • Interest rates rising suffocates economy
  • Crude oil rising helps equity values lower
  • TLT down hard
  • Bond bear market continues
  • Price levels last seen including dividends
1:58TLT· ticker

TLT down hard

  • Bond bear market continues
  • Price levels last seen including dividends
  • 14-month low
  • Downside room as people get cash
4:11LEN· ticker

LEN down

  • Head and shoulders top
  • Narrative perspective: soaring interest rates smother home builders
6:22Oracle· ticker

Oracle short

  • Lower conviction trade
  • Hyper-scaling and data centers
  • Debt and financial pain if hyper-scaling fails
8:41XLK· ticker

XLK down

  • Second biggest short
  • New price gap
  • Iran situation and oil prices
10:52EEM· ticker

EEM down hard

  • Emerging markets peaked June 22
  • Long slide since then
  • New price gap
13:02EFA· ticker

EFA down

  • Peaked more recently
  • Price gap between Tuesday and Wednesday
  • Trend line broken
15:17EWW· ticker

EWW down

  • Symmetric price triangle
  • Potential break of triangle
  • Down 1.5%
17:10FXI· ticker

FXI short

  • Love-hate relationship
  • Simple short position
  • Puts up 33%
19:11KORU· ticker

KORU short

  • Triple bullish on South Korea
  • Down 12.5%
  • Price gap
21:05SMH· ticker

SMH down

  • Messy chart
  • Gap helps
  • Puts at 585 strike
23:09SOXS· ticker

SOXS up

  • Bearish fund against semiconductors
  • Up 7.5%
  • Rally based on semiconductor weakness
25:16AOI· ticker

AOI down

  • Individual semi item
  • Down 4.3%
  • Step in right direction
25:17lesson

Technical analysis and charts

  • Charts are the through line of life
  • No indicators used
  • Line as the only north star
25:18EWZ· ticker

EWZ covered

  • Covered short
  • Made 12 cents
  • Oil doing well
25:19USO· ticker

USO up

  • Distorted presentation of crude oil
  • Up 5.37%
  • Short-term not bad
25:20Bitcoin· ticker

Bitcoin down

  • Lost $5,000
  • Not touching it
  • Trend line not violated
25:21BTC· ticker

BTC futures

  • Futures curling away from red horizontal
  • Michael Saylor's strategy
  • Buy when he gets quiet
25:22MSTR· ticker

MSTR down

  • Support at 106.90
  • Precious metals sinking
  • GLD, Silver, Palladium down
25:23lesson

Trading what you know

  • Peter Lynch's book: trade what you know
  • Birkenstock example
  • Buy what you know is wrong-headed
25:24SpaceX· ticker

SpaceX down

  • Performance matching Tuesday
  • AI mania dependent
  • Next test at 130
25:25VCX· ticker

VCX down

  • Lost half its value
  • New lease on life
  • Back to lifetime lows
25:26Axon· ticker

Axon down

  • Best performing short
  • Puts up 67%
  • Continuing to do God's work
25:27Baidu· ticker

Baidu down

  • Down 1.3%
  • Continuing to sink
25:28Cracker Barrel· ticker

Cracker Barrel down

  • Down almost 4%
  • Three red bars in a row
25:29Shake Shack· ticker

Shake Shack down

  • Down nicely
  • Battered to pieces
25:30Peabody· ticker

Peabody down

  • Energy-related
  • Down 1.29%
25:31Oracle· ticker

Oracle down

  • Short position
  • Wickedly tight stop
  • Data center build-out

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