• Trading Strategy: Trading Notes: Earnings for $MSFT and $GOOGL came out on Tuesday - both missed, but both managed to rally. On the other hand, $V beat and it managed to sell-off. A great example of why I don't trade a stock through earnings. Wednesday will bring the FOMC Statement where there is expected a 75bps rate hike. A

    By |Published On: July 26, 2022|1 min read|
  • Trading Strategy: Long: ProShares UltraShort S&P 500 (SDS) *Sent Intraday Monday* Ideal Entry: 46.04 Stop-loss Option: 44.54 Target: 54.50 Risk Rating: 4.1 SDS trade setup is based off of the SPY chart.  Trading Activity: Setups Triggered: SDS (second trade) Setups Waiting to Trigger: None Active Trades: SDS (second trade) Trades/Setups Removed/Closed: SDS (first trade) (NT=Never Triggered, 1/2=Half position, 1/3=Third position) Additional

    By |Published On: July 25, 2022|1 min read|
  • Trading Strategy: Long: ProShares UltraShort S&P 500 (SDS) *Sent Intraday Friday* Ideal Entry: 45.24 Stop-loss Option: 43.98 Target: 54.50 Risk Rating: 3.9 SDS trade setup is based off of the SPY chart.  Trading Activity: Setups Triggered: SDS Setups Waiting to Trigger: None Active Trades: SDS Trades/Setups Removed/Closed: None (NT=Never Triggered, 1/2=Half position, 1/3=Third position) Additional Strategies & Ideas: These are not

    By |Published On: July 24, 2022|1 min read|
  • Trading Strategy: Trading Notes: The rally following Monday's false reversal has been absolutely jaw-dropping. The overbought nature of the market is such that reward/risk is highly against new bullish positions. All three major indices are looking at short-term stochastics of 97-98. Earnings reports were dismal last night, including the crash in $SNAP and other sell-offs in $COF,

    By |Published On: July 21, 2022|1 min read|
  • Trading Strategy: Trading Notes: I'm holding off on new trades this morning until I can see how the first 30 minutes to an hour plays out here. I think at this moment in time, there's a lot of traders being sucked into the long side because of the relentless buying they have seen over the last

    By |Published On: July 20, 2022|2 min read|
  • Trading Strategy: Long: Amazon (AMZN) *See notes below* Ideal Entry: 118.84 Stop-loss Option: 113.13 Target: 136.00 Risk Rating: 3.7 AMZN: 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 trade after the first 30 minutes on a break of the highs of the

    By |Published On: July 19, 2022|1 min read|
  • Trading Strategy: Long: ProShares UltraShort S&P 500 (SDS) *Sent intraday Monday* Ideal Entry: 48.07 Stop-loss Option: 46.36 Target: 54.75 Risk Rating: 4.1 Trading Activity: Setups Triggered: SDS Setups Waiting to Trigger: None Active Trades: SDS 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

    By |Published On: July 18, 2022|1 min read|
  • Trading Strategy: Trading Notes: This week brings us a number of important earnings reports. Most notably TSLA and NFLX. However, you also have BAC, GS, SNAP, NEE, SLB, and TWTR to name a few. Last week saw a remarkable number of rallies off the lows of the day, despite dismal inflation numbers. If you play the 

    By |Published On: July 17, 2022|1 min read|
  • Trading Strategy: Trading Notes: I'm likely to be stopped out of QID at the market open today, marking what will be my first losing trade in nearly two months. Not bad, but it still stings. Essentially see two days of non stop buying each time there has been an attempt to drive prices lower. Yesterday's QID

    By |Published On: July 14, 2022|1 min read|
  • Trading Strategy: Trading Notes: No new trade setups to run with this morning, but depending on how the price action plays out, I'll be actively looking for a trade setup that seeks to take advantage of additional market weakness here in AM.  Trading Activity: Setups Triggered: None Setups Waiting to Trigger: None Active Trades: None Trades/Setups Removed/Closed:

    By |Published On: July 13, 2022|1 min read|