Trading Block

Trading notes: One of the things I've learned over the years from trading is that when I get annoyed about not finding a good quality trade setup(s), that the worst thing I can do is force a setup that isn't there, simply for the sake of having a trade in play. When I am trading the

Trading notes: Hard bounce off of the 50-day moving average on SPY, only to see the positive gains on the day taken away with more trade war escalation - this time in the way of soybeans. However, the market is already shrugging this off, and the losses of over -4% in NVDA is already quickly

Trading notes: Market rally on Monday, following the optimistic China-US relations post from Trump Sunday night, is looking short lived, and leaves me thrilled to not have added any new positions yesterday amid all the hype from traders seeking to buy the dip. So now we are looking at a failed bounce scenario with SPY, QQQ

Trading notes: Bloodbath on Friday for the market across the board coming from one single post on Truth Social, and total chaos ensued thereafter. With high volume, volatility, price and headline risk all playing a role on Friday, I decided to proactively close my positions out while others were stopped out, taking me into a

Trading notes: Looking at the pre-market we're setting up for another flat open, which we've seen quite a few of over the last 1-2 months. In this market there are two types of stocks - the ones that are rising with the AI trade and shooting straight up on the charts, and everything else, which

Trading notes: There's three setups that I am very much interested in today: GE, AVGO and NTAP. All three offer intriguing trade setups, but I also want to see what the market does with the price action in the early going today, before putting them out there as setups. While yesterday's sell-off was a meager

Trading notes: Overall the market is seeing another buying frenzy heading into the open, with prices scorching higher over the last hour of pre-market trading. This is a result of continued strength in the AI trade, specifically semiconductors. Breadth in the market was extremely poor yesterday, and you'll want to see whether there is any

Trading notes: AMD is rocking the pre-market on news that they signed a deal with OpenAI and will, as a result, be 10% owners of the company. This obviously has the technology sector rocking in the pre-market. I'm still looking for a little more from some of my more recent additions to the portfolio, before

Trading notes: No problem validating both setups yesterday (QCOM & AMZN), and here I want to be careful about not getting overly aggressive with new additions. Instead, with the three new positions added this week, I will likely let those positions develop and further pad the portfolio with profits before adding additional trades to the portfolio.

Trading notes: Overnight you have the market running strong, setting up for a good open for the indices. Much of the gains look to be coming from the mega-cap space, with semis making another massive leap higher. AVGO was one I was targeting coming into the open today, but with a 3.4% gap higher, I'll