First of all, I would like to deeply thank all of you for having joined my website. I very much enjoy creating the work that I do, and I am grateful that you find it of some use to you in your own navigation of the markets. I really do enjoy the time I spend creating the work. I find it stimulating and rewarding.
When I created the website, in addition to the work you see me produce most often, I envisioned a library of charts for many people to make use of for sometimes longer-duration trades, but as I’ve worked through the new website’s growing pains over the last few months, I’ve come to realize that much of that work will go wasted. I am personally unable to take trades on every underlying for which I make a call, and I created that library expecting a bit of a larger audience who might make use of such a body of work. In other words, when I created the site, my thought was, in order to get things going, “More content is better than less.”
But, in the end, the audience is small, and I don’t really mind that; in fact, I kind of enjoy it.
As it stands, there are more tickers on this website than there are users, and it makes less sense for me to focus on updating calls for individual names that will mostly remain as a curiosity for people’s browsing. That said, much of that work did not go entirely to waste, as a vast majority of the calls I’ve made on individual names have hit the targets I expected them to. And so, it’s a bit of a portfolio for me now, a body of work serving as evidence that the technical analysis I conduct is reasonable and very often predictive. And that is good to be able to demonstrate to people.
The shift in focus will be in the following way: many of the calls on individual names will be relegated to the status of a side hobby. If I see a setup that I think is particularly promising, I will point it out when I am able to, but my main focus throughout each week will be:
- Regular technical analysis updates on the S&P 500, including frequently updated Elliott Wave counts
- Broad market analyses where I assemble market information which I believe gives insight into market direction
- Somewhat frequent technical analysis of the other major U.S. indices
- Chart requests from members will remain a priority
I write this post in order to be explicit about the shift I intend so that you can decide whether remaining as a member is suitable under these conditions. Regardless of your decision, I offer my kindest thanks and deepest gratitude for having joined while I’ve worked my way through figuring out exactly what it is I want to do here.