Trading Block

Trading Strategy: Trading Notes: It's great to be back from a much needed family vacation last week. This week all eyes will be on the Fed, and whether they will continue with a 25bps rate hike or actually pause the rate hikes until the chaos from the regional bank fall out calms down. The wild

Trading Strategy: Long: ProShares Short S&P 500 ETF (SH) *See notes below* Ideal Entry: 15.85 Stop-loss Option: 15.39 Target: 17.33 Risk Rating: 4.5 SH trade setup is based off of the SPY chart.  SH: If my ideal entry is triggered in the first 30 minutes of the trading session, I will not enter the trade. Instead, I will enter a

Trading Strategy: Trading Notes: Employment number came in hot at 311k vs 225k expected, but wage growth came in light. That has reduced the chances for a 50bps rate hike to 50/50 odds essentially (currently) and has the futures market popping ahead of the open for equties. Bank fears of contagion has worked its way

Trading Strategy: Trading Notes: Market is still in the business of exhausting traders on both sides of the trade. With yesterday's end of day rally on massive 0DTE option buying at the close, it makes it extremely difficult to sustain a move to the downside with follow-through, even after a significant sell-off like we saw

Trading Strategy: Trading Notes: I'm not putting out a new trade setup tonight for tomorrow, mainly because you have Jay Powell (again) speaking at 10am ET. There's a lot of volatility around his words and what I want to avoid is the setup initially triggering on a quick move that only reverses in the opposite direction.

Trading Strategy: Long: ProShares Short Short QQQ ETF (PSQ) *See notes below* Ideal Entry: 13.04 Stop-loss Option: 12.49 Target: 14.54 Risk Rating: 4.2 PSQ trade setup is based off of the QQQ chart.  Long: ProShares Short Short S&P 500 ETF (SH) *Sent intraday Monday* Ideal Entry: 15.24  Stop-loss Option: 14.68 Target: 16.32 Risk Rating: 4.0 SH trade setup is based off of

Trading Strategy: Long: ProShares Short Short QQQ ETF (PSQ) *See notes below* Ideal Entry: 13.04 Stop-loss Option: 12.49 Target: 14.54 Risk Rating: 4.2 PSQ trade setup is based off of the QQQ chart.  Long: ProShares Short Short S&P 500 ETF (SH) *Sent intraday Monday* Ideal Entry: 15.24  Stop-loss Option: 14.68 Target: 16.32 Risk Rating: 4.0 SH trade setup is based off of

Trading Strategy: Trading Notes: Markets floating around between red and green during much of the overnight action, but with $AAPL getting covered by $GS with a buy rating and $199 price target, the stock is getting a lift and as a result, so is the entire market. More than likely, I'll be stopped out of at least $SH this

Trading Strategy: Trading Notes: Markets floating around between red and green during much of the overnight action, but with $AAPL getting covered by $GS with a buy rating and $199 price target, the stock is getting a lift and as a result, so is the entire market. More than likely, I'll be stopped out of at least $SH this

Trading Strategy: Trading Notes: If you're exhausted from the lack of direction from this market over the past week or so, you're in good company. I'm pretty sure everyone feels that way, regardless of what side of the trade you find yourself on. Today, we are looking at yet another significant gap, this time to the