Cash Flow Machine | Mark Yegge | Wealth Architect on $ETSY (Nov 2, 2026)
Etsy is worth watching: on the weekly chart it has formed a large cup base and broken out on low volume, with six consecutive weeks of relative strength even in last week's bad market, and it is still in the buy zone. Sales growth is below the 20-30% one would want but acceptable, with profits up 292% last quarter, 59% this quarter and 94% the prior quarter.
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I've given you a few ideas to add to your watchlist. Actually, let me give you another idea. Why not, right? One of our outstanding team members was very smart over the weekend and found a range of good options.
I'm going to add Etsy to the list here, and you can see Etsy if we look at the weekly chart. We have a tall, large cup style , don't we? The breach occurs right here. The stock broke through with relatively low trading volume , so it didn't go wild, and it formed a tidy left side.
And look at the number of consecutive weeks, we have six consecutive weeks even with this bad market we saw last week. We are building this impressive strength on the right side, which is largely dependent on relative strength, and we are still in the buy zone here.
So add this to your list, take a look at it, and see if you like it. Let's take a quick look at the basics. It is not growing its sales as quickly as it might like. You want to see double- digit growth, 20%, 30%, that kind of number .
But that's acceptable, isn't it? Your profits are 292% in the last quarter, 59% in this quarter, and 94% in the quarter before it. So, there are many things to admire. Not everything will be perfectly compatible, but this is something you might want to add to your watchlist and take a look at.