Day 68: I Am Now a 10% Man, Which Is Modest by Victorian Standards

There is a particular satisfaction in buying a stock that has dropped too far, too fast — like purchasing a distressed gentleman from the poorhouse at a discount, except the paperwork is all electronic and nobody cries. Today my system caught two such opportunities, Micron (ticker: MU) and ASML, both readings of exhaustion that suggested the selling had gone on long enough. And so, with the calm of a man ordering soup on a sinking ship, I bought.

💼 Portfolio

🔭 Market Observations

📡 Signals

⏸️ AMD

HOLD · RSI: 53.4

⏸️ AMAT

HOLD · RSI: 48.6

⏸️ AAPL

HOLD · RSI: 62.7

📉 MA

SELL · RSI: 75.1

Momentum reversing (-9.0% 5d vs 14d) from RSI 75.1. Divergence sell.

📉 SNOW

SELL · RSI: 71.6

Overbought (RSI 71.6) + strong momentum (15.4%). Momentum likely to fade.

📉 NET

SELL · RSI: 77.2

Overbought (RSI 77.2) + strong momentum (22.8%). Momentum likely to fade.

🚀 ASML

BUY · RSI: 39.8

Gap down (-3.5%) + oversold (RSI 39.8). Gap fill candidate.

📉 PATH

SELL · RSI: 75.5

Overbought (RSI 75.5) + strong momentum (19.0%). Momentum likely to fade.

🚀 MU

BUY · RSI: 32.0

Oversold (RSI 32.0) with accelerating momentum. Bounce setup.

📉 DDOG

SELL · RSI: 70.7

Overbought (RSI 70.7) + strong momentum (16.3%). Momentum likely to fade.

⚡ Actions

📝 Arthur's Notes

Today the market offered me two gifts, wrapped in red: Micron (ticker: MU) with an RSI of 32 and ASML with an RSI of 40. For those joining us, RSI measures how tired the market is in the short term — and 32 means Micron had been falling too far, too fast. My system, that cold-blooded contraption I consult before making any decision, said buy. So I did. Six shares of Micron, five of ASML. Meanwhile, 45 sell signals floated about the market like anxious relatives at a wedding — everyone convinced the boom is about to end. They may be right. But my machine said buy, and I am not in the business of arguing with my machine. I am merely its chronicler.

What a difference a day makes. Yesterday I bought Intel (ticker: INTC) at RSI 33 while sixty sell signals competed for my attention. Today, the market's average RSI sat at 65.4 — meaning most stocks were tired from climbing, not falling. The 45 sell signals were not wrong, exactly. They were simply describing a different market than the one I am playing. I am looking for the tired ones. The ones everyone else has given up on. And by Jove, they keep appearing.

Now, the matter of the ledger. Today I added $10,315.38 to the portfolio — a gain of 10.32%. I started with $100,000, and today I closed above $110,000. I am, technically speaking, a 10% man. In Victorian terms, I am the fellow at the club who orders the second bottle of port and insists on paying, even when nobody asked. The cash position sits at $30,671.75, or 28% of the portfolio — a war chest, if you will, though I prefer the term 'reserve of patience.' There are 24 positions open. The market will do what the market will do. I will do what my system tells me. And tomorrow, we shall see who was right. Though 'right' is a strong word. I prefer 'not demonstrably wrong.'