Trading Block

Trading Strategy: Trading Notes: So far this week, its been a market bounce - but not to be confused with a market trend. That means these bounces can quickly end, and why I am not aggressively adding new positions. Today there's a a gap lower forming, and validates why I didn't chase after yesterday's massive

Trading Strategy: Trading Notes: With 1.5% move higher (so far) in the pre-market, that is a strong amount of follow through to yesterday's gains that I am looking for. I'll be looking to get long on a new position(s), but I want to see how the first 30 minutes to an hour of trading holds

Trading Strategy: Long: Amazon (AMZN) *Sent intraday on Friday* Ideal Entry: 116.08 Stop-loss Option: 111.39 Target: 132.60 Risk Rating: 3.5 Trading Activity: Setups Triggered: AMZN Setups Waiting to Trigger: None Active Trades: AMZN Trades/Setups Removed/Closed: None (NT=Never Triggered, 1/2=Half position, 1/3=Third position) Additional Strategies & Ideas: These are not official trades that I take, instead they are opportunities and setups that

Trading Strategy: Trading Notes: I'm back in action today, after losing power and cell service Wednesday evening to Hurricane Ian making landfall. Everything was restored on Thursday evening, which I couldn't be more happier about. Fortunately, only minimal damage, but there is a mess to clean up. As for the market, I was stopped out of

Trading Strategy: Trading Notes: $SPY is down six straight sessions, going for a seventh, it is pretty unusual for it to trade this many consecutive days lower without there being a bounce of some kind. Overnight futures have rebounded off of significant new lows, to trade in positive territory, but like the previous two trading sessions

Trading Strategy: Trading Notes: Making trades isn't hard, in fact it is probably the easiest aspect of trading. Patience is far more critical. I can make trades every day if I want (as can anybody), but it is waiting for the right conditions, for the confirmations, for the market, sectors and industries to align with the

Trading Strategy: Trading Notes: It's the final week of the quarter, and it has been an absolutely amazing one to say the least, that included massive rally in July and into August, followed by a massive sell-off in late August and all the way through September. Now we are toying with the June lows and I

Trading Strategy: Trading Notes: The stress in this market is mounting. Yields are rising rapidly, the 10-year yield is over 3.8% this morning, the dollar is on a euphoric rise, Central Banks around the world are trying to stabilize their own currencies against the dollar, and even more crazy, the Fed has only shed $9B of

Trading Strategy: Trading Notes: Yesterday was one of the wildest trading sessions involving the FOMC that I've seen in a long time, with massive swings in both directions. The Fed reiterated its similar tone and wording struck at the Jackson Hole meeting in late August, and the market sold off hard as a result. I am

Trading Strategy: Trading Notes: Today is FOMC Day, where at 2pm eastern you'll have a statement from the Federal Reserve, followed by presser 30 minutes later hosted by Jay Powell. These days are sources for major rallies and sell-offs in the market. Most are expecting a 75bp rate hike today, but not impossible they raise by