Trading Block

I closed the following: PSQ & SH I closed SH at 44.26 for +0.8% on the overall trade. I closed PSQ at 40.11 for +1.4% on the overall trade. Hard break below the 5-day moving average on each, which changes the bearish narrative, and flips the momentum of the trade here.

Trading notes: Stocks are once again pulling back in the pre-market, which is something we've seen each day this week, but on Monday and Tuesday, those lows were quickly bought up. If price really starts to tailspin today, you are going to want to watch the lows and whether SPY ends up breaking through those levels.

I slightly increased the stop-loss in PSQ and SH: I raised the stop-loss in PSQ to 39.80 I raised the stop-loss in SH to 44.11

Trading notes: Yesterday's bounce off the lows that were established at the open, was impressive from SPY and QQQ. Now the question becomes can they continue this into a new month and quarter, or was yesterday just end-of-quarter window dressing? April has been rough for traders two of the last three years with '24 being

I raised my stop-losses in the following: PSQ & SH I raised my stop-loss in SH to 43.98 I raised my stop-loss in PSQ to 39.66

I closed 1/3 out of each: PSQ & SH I closed 1/3 of PSQ at 41.30 for +3.4% profit. I closed 1/3 of SH at 45.32 for +2.4% profit.

Trading notes: Another ugly gap down for the indices heading into the open, and with it being the end of the first quarter today, the potential for a good deal of volatility and price swings (in both directions) looms large. Having gotten short on Friday, I'm more focused on riding my current positions here. We

New long setups I bought PSQ at 39.95 My stop-loss: 38.63 My target price: 42.80 Risk Rating: 3.3 I bought SH at 44.26 My stop-loss: 43.19 My target price: 46.60 Risk Rating: 3.0

Trading notes: Stocks are setting up for a new leg to the downside. Bear flags are popping up every where, following the bounce from the March lows. And that bounce really wasn't a strong bounce to begin with, lacking the element of panic buying that usually marks short-term bottoms in the market. I'll be watching the

Trading notes: The market took a decisive turn yesterday at major resistance that included the resistance at the double top confirmation level and the AVWAP off of the all-time highs. Heavy selling re-emerged in the mega cap stocks, most notably, in NVDA. This suggests that the mild bounce seen over the last two weeks may be