8 books. 1M+ sold. “Trend Following, “TurtleTrader.” Podcast 1400+ eps. Clients 76+ countries. Said another way: Mykolas Kavaliauskas.
Asia & 🇺🇸
Joined December 2008
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Whether in America a few years ago, or Europe now, it’s a coalition of two groups rioting: the successful who feel guilty for being successful, along with even more who will never be successful. And none of it is about “education.”
Fun chat with @CharacterGap trendfollowing.com/2026/10/1…
Michael Covel retweeted
The newest painting in the Louvre. “The Girl with the Suicidal Empathy.” Oil on canvas. Go see it while the Louvre is still standing.
Michael Covel retweeted
J’ai entendu dire que la France était finie, qu’il était trop tard pour la sauver.
Mais la France est toujours aussi belle, enviable même. Sa grandeur n’a pas disparu, elle ne demande qu’à renaître.
Nous avons surmonté en un an un problème cent fois plus grave, sans avoir les moyens dont dispose la France.
La France pourrait y arriver en une semaine.
However you got there, don’t apologize for being intelligent. Stay strong. Lead. Modern strife is built around the mentally impaired and their manic jealousy.
Reader feedback:
“Michael, do you use the 15-second and 30-second price bars in trend following? If so, do you use one for the early indication and the other for confirmation? Could you please explain your approach?”
Information overload will eventually make learning hard.
If you see a headline like this:
“We think this stock is like buying Nvidia for $0.04.”
And get excited with your wallet… You might have other issues to resolve first.
Skip predicting, just follow the trend.
THE LARGEST BANKS IN THE US HAVE ENTERED THE CORRECTION TERRITORY.
JP Morgan: -11%
Bank of America: -19%
Citigroup: -15%
Wells Fargo: -18.5%
Goldman Sachs: -24%
Morgan Stanley: -19%
US Bancorp: -15%
Capital One: -25%
PNC Financial: -16%
BNY Mellon: -14%
Even the KBW Nasdaq Bank Index, which tracks the 24 publicly traded U.S. banking stocks, is now down 14% from its August peak.
What's even more interesting is that during the 2000, 2008, and 2020 market crashes, the KBW Nasdaq Bank Index peaked 4-8 months before the S&P 500 did.
This means if the Bank Index continues to drop even with the S&P 500 hitting new highs, it could be a major warning sign for the US stock market.
