Trading Block

New Trade Setups Added: Long: Lam Research (LRCX) *See notes below* Ideal Entry: 649.50 Stop-loss Option: 621.18 Target: 750.00 Risk Rating: 3.9 LRCX: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break of the

New Trade Setups Added: Trading Notes: With SPY back at creating new all-time highs, there is no real separation from previous price consolidation, and it isn't a broad-based rally either. Of the FAANGM stocks, only one, $GOOGL is making new all time highs. Follow through will be paramount for the market today to show that investors are really

New Trade Setups Added: Trading Notes: I'm still in and out this week, as I'll be getting married on Saturday as well as moving my office and home this week. No honeymoon just yet so I'll be back in the office on Monday. I'm still monitoring all of my positions and will send out any alerts

New Trade Setups Added: Trading Notes: We're seeing a more traditional summer price action where the price swings get smaller, and the volume much lighter. Last summer we were in the midst of the huge Covid bounce, so that masked the more traditional summer duldrums. During this time, there can be some really nice and consistent

New Trade Setups Added: Long: Waste Management (WM) *See notes below* Ideal Entry: 141.56 Stop-loss Option: 136.77 Target: 151.00 Risk Rating: 1.0 WM: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break of the

New Trade Setups Added: Long: Twitter (TWTR) *See notes below* Ideal Entry: 58.68 Stop-loss Option: 55.81 Target: 65.00 Risk Rating: 4.1 TWTR: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break of the highs

New Trade Setups Added: Long: Franco Nevada (FNV) *See notes below* Ideal Entry: 150.33 Stop-loss Option: 145.11 Target: 165.80 Risk Rating: 1.8 FNV: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break of the

New Trade Setups Added: Long: ROKU (ROKU) *Sent Intraday Friday* Ideal Entry: 353.01 Stop-loss Option: 342.72 Target: 397.00 Risk Rating: 4.1 Trade Setups Triggered: Long Setups: ROKU Short Setups: None Setups Waiting to Trigger: Long Setups: None Short Setups: None Active Trades: Long: FB (1/2), MA, TSLA (2/3), WYNN,ROKU Short: None  Trades/Setups Removed/Closed: NT=Never Triggered, 1/2=Half position, 1/3=Third position Long: None Short: None Trading

New Trade Setups Added: Trading Notes: Not adding a new trade setup in this newsletter update. Rather, I want to get a better feel for what wants to lead us into the holiday weekend, before considering a new long position, as well as making sure the market doesn't fall apart in the beginning parts of this

New Trade Setups Added: Long: Wynn Resorts (WYNN) *Sent Intraday Wednesday* Ideal Entry: 132.25 Stop-loss Option: 125.98 Target: 151.00 Risk Rating: 3.2 Trade Setups Triggered: Long Setups: WYNN Short Setups: None Setups Waiting to Trigger: Long Setups: None Short Setups: None Active Trades: Long: FB (1/2), MA, TSLA (2/3) Short: None  Trades/Setups Removed/Closed: NT=Never Triggered, 1/2=Half position, 1/3=Third position Long: TSLA (1/3), SLB