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Trading notes: The market took a decisive turn yesterday at major resistance that included the resistance at the double top confirmation level and the AVWAP off of the all-time highs. Heavy selling re-emerged in the mega cap stocks, most notably, in NVDA. This suggests that the mild bounce seen over the last two weeks may be

I closed SSO at 86.40 for a +1.3% on the final 2/3's of the trade.

I raised my stop-loss in SSO to 86.40, which is below the lows from Monday's gap higher.

Trading notes: Volume is quickly disappearing from the market, with yesterday's reading showing only 65% of the volume seen on Monday, and less than half of that seen on Friday. As a result, VIX is dropping hard and fast, now in the lower 17's, and capital is rotating out of defensive sectors into the mag-7 related

I closed 1/3 of SSO at 87.97 for +3.1% profit

Trading notes: Stocks are looking to build on yesterday's gains from yesterday, but this market still remains on shaky ground, and the current strength should be considered a dead cat bounce at this juncture. While the bounce is impressive, it hasn't reversed the downward trends. The biggest issue that I found yesterday, was not being able

Trading notes: Futures are spiking this morning off oversold conditions created throughout the month of March, and further jettisoned higher on news that tariffs will be narrowed on April 2nd. The potential for a significant short squeeze from here is quite large, especially considering how far this market has fallen without much of a bounce

Trading notes: Futures are taking a strong dip lower this morning, on options expiration day (quadruple witching). This creates a scenario, where the bear flag that was forming on QQQ may be validated today. Also, as it pertains to SPY, the four-days of consolidation is seeing a break lower in the pre-market. Stocks that were

Trading notes: Stocks seeing some weakness heading into the open, after a hard rally post-FOMC. Over the last 4 trading sessions, SPY has shown a tendency to hold the 5-day moving average into the close. A break and close below that level would be problematic moving forward. So far the market hasn't provided a substantial

New Long Setup: SSO I Bought SSO at 85.33 My stop-loss: 82.66 Risk Rating: 4.5 Target Price: 91.00