Trading Block

I closed META at 635.37 at -0.8% Bond market getting crippled, and yields are skyrocketing.

Trading notes: Heading into the open, Target reported weak earnings, missing on both revenue and earnings, while cutting guidance. TGT tends to be one of those stocks that helps gauge the health of the consumer, and that certainly wasn't the reading Wall Street was wanting to see. Stocks over the last five trading sessions have

Trading notes: Retail buying yesterday was at historical levels for that group of investors that continue to dog pile into the mega cap stocks. The disparity on full display between the Russell 2000 and SPX/NDX gives clarity, as the former lags and struggles against the declining trend-line, while the latter have their sights set on new

New Long Setup: META I bought META at 641.05 My stop-loss is 620.95 My target price: 690.00 Risk Rating: 4.8

Trading notes: Big news that came out after the bell with Moody's finally downgrading the US credit rating, which is now in line with other agencies that have done it in the past. While the headlines has everyone talking, that really isn't the news. What you want to watch for, is what it does to the

Trading notes: SPY is looking to make it 5/5 this week in terms of positive gains, with a slight gap higher at the open. Look for any attempt to make new lows on the day, on low volume, to get quickly bought up. The market remains very overbought, but yet to show any real signs of

Trading notes: PPI came out this morning showing a very cool reading. While futures reacted positively to the news, it wasn't enough to send it back into positive territory, much of that is because, the producers are absorbing the price increases from the tariffs, and has yet to be passed on to the consumer. Keep an

Trading notes: Last night I went through my scans and watchlists, and did it again this morning, looking for what could be a good trade setup and there simply wasn't anything there. The market is, in similar fashion to January and early February of this year, way overextended, particularly within big tech. The setups essentially involve

Trading notes: It was one incredible gap higher, that managed to hold its gains and close at the highs of the day and now there's a massive gap underneath that was established by Monday's price action. CPI comes in at 8:30am ET today that could create some selling pressure in incredibly overbought market conditions, should the

I closed SH at 42.51 for -3.1%