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Tim Knight's Textbook Short Just Fell Another 15% Overnight

NowPress play to follow along0:00 / 12:12
Chapters14 segments · tap to seek
ticker lesson

Breakdown

0:00lesson

Managing multiple positions

  • 50 minutes to manage 37 positions
  • No updates on symbols
  • Focus on same topics
1:50lesson

ES market behavior

  • ES could snap back to orange line
  • Orange line as tractor beam
  • Potential rally due to announcement
4:05lesson

Short positions and risk

  • 22 short positions remaining
  • Smaller positions
  • Potential for profit loss
6:05lesson

NQ and bearish trends

  • NQ badly beaten up
  • Busted trend line from July
  • Potential for bigger fall
7:53KORU· ticker

KORU head and shoulders pattern

  • Completed head and shoulders
  • Fallen 15% overnight
  • Shorted earlier, now wrong
9:51SMH· ticker

SMH trend line exceeded

  • Trend line exceeded
  • Deeply oversold state
  • Hope for rally
11:52lesson

Market psychology and bad news

  • Hyperscalers and financiers hit
  • Growth flattening
  • Sell-off absorbed bad news
11:53lesson

Slope of hope

  • Market climbs wall of worry
  • Slides down slope of hope
  • Slopeofhope.com and wallofworry.com
11:54lesson

Psychological aspects of trading

  • Market is psychological
  • Stock market as expensive way to find out
  • Potential for short-term bottom
11:55lesson

Avoiding overconfidence

  • Avoid overconfidence
  • Standards for positions deteriorate
  • Challenge yourself
11:56XLU· ticker

XLU as interest sensitivity

  • XLU as drug of choice
  • Biggest position
  • Trading weaker
11:57SpaceX· ticker

SpaceX support and bounce

  • SpaceX fell as expected
  • Support at 150
  • Bounce toward support
11:58NQ· ticker

NQ trend line and target

  • Trend line anchored to lifetime high
  • Target reached
  • Potential for break below lows
11:59lesson

Accumulating long positions

  • Accumulating delta longs
  • Focus on semi and tech names
  • Insights from Tim

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