Weekly Digest – Edition 18
Nick Schmidt
Nick Schmidt is a co-founder of TraderLion and Deepvue with over 10 years of market experience. Adopting a “less is more” philosophy, he focuses on weekly charts with an emphasis on price and volume.
Published: November 29, 2025
Weekly Subscriber Digest
Summary & Outlook
Summary: We had 4 days of strong breadth and a lot of good looking stocks are acting like leaders again. Semis like $AVGO and $AMAT making new highs. Hard to stay too bearish seeing that. I started building $TSLA through the week, now at a total 15% position. I’m slowly adding exposure as I get positive feedback. I’m most comfortable buying weakness as long as it’s constructive weakness with setups and leadership intact but last week’s action didn’t feel constructive at all. This rally has caught me off guard multiple times this year and continues to surprise me.
Outlook: Much more optimistic about the look of things than a week ago. $TSLA is the focus—I want to build this to a 30% position. I will accumulate between $410–440. We’ve gone up four days in a row so even though I’m leaning bullish again a pullback seems likely so I’m not chasing just to participate if the setup isn’t there. Earlier in this rally we had big breadth thrusts similar to this and it set off a big trend so I’m watching to see if this continues. Main focus is watching for traction in any new buys and the environment continuing to support new position trades.
Trade Activity
3 trades this week • Building $TSLA position through the week
| Ticker | Trade Notes |
|---|---|
| $TSLA |
Bought
Monday: Started small 7% position. Aware it could be a perfect fade
spot, but relative strength too notable to ignore. It didn’t make a lower low last week
while others did. RS. Plan is to hold above $400 monthly pivot.
View post → |
| $TSLA |
Added
Wednesday: Added to position, now at 13%. Strong breadth for three days
straight so had to participate. Can’t ignore whats infront of me.
View post → |
| $TSLA |
Added
Friday: Added another small amount, now at 15% from 13%. Target is 30%
position. Ideally next week we see a pullback and I can fill out the rest of my $TSLA position lower. Accumulation zone:
$410–440.
View post → |
Current Holdings
1 position • 15% invested, 85% cash
| Ticker | Status & Notes |
|---|---|
| $TSLA | 15% of portfolio – Primary focus.
Building toward 30% target position. Key accumulation zone is $410–440 (base pivot lows
to first consolidation resistance). Holding above the monthly $400 pivot is the plan—if
it breaks I’m out and will be watching for higher-low around $383 to buy back.
|
Day to Day Thought Process
| Day | Key Observations |
|---|---|
| Monday | Short week ahead (Thanksgiving). Nice participation across growth names in the first hour, but staying cautious given rough environment. $TSLA trading in last week’s wick—a potential sign of strength if it holds. 70% of stocks up by afternoon. $TSLA didn’t make new low last week while $HOOD did. $SPY running into flat 10-week. |
| Tuesday | 75–82% of stocks up from open—second strong breadth day. $TSLA and $GOOGL strength picking up intraday, participating instead of lagging. $SPY closed above the 10-week. Still under key resistance and not planning to do anything, but the constructive action is why I bought the small $TSLA position Monday. Market still needs to prove itself, but impressed so far—this rally keeps surprising. |
| Wednesday | Last full day before Thanksgiving. Another 70%+ participation day—third in a row. Semis and growth have momentum again. Added to $TSLA (now 13%). If breadth continues, will look to add more exposure. |
| Thursday | Thanksgiving Day—markets closed. Reviewed the week and shifted to bullish. Three days of strong breadth with lots of good-looking stocks. After 4 up days, pullback seems most likely, so not chasing. But constructive weakness would be buyable—last Friday’s weakness wasn’t constructive at all to me. If setups and leadership hold through weakness, I’m a buyer. |
| Friday | Short half-day. Good action to end the week. Added to $TSLA again. This week was a big positive expectation breaker. |
