I closed out NVDA at 142.15 for +7.8% profit. Breaking below the 5 day moving average and bearish engulfing candle today. Good trade!
I closed 1/3 of BMY at 59.82 for +4% profit.
I closed 1/2 of SHW at 364.49 (1/3 of original) for a +6.9% profit.
Trading notes: Another strong week for stocks where (so far), as SPY has established new all-time highs and the indices are becoming noticeably overbought again. Going through my screens last night and again this morning, I'm not seeing any setups that are calling out to me, and coupled with the recent run that stocks have
Trading notes:Â You want to be careful here of this market. SPY has been on an impressive 7 day rally, in which it traded higher in six of those days, and covering over 300 points from lows to highs. Stocks could very well be getting stretched as a result, and from my standpoint, having taken some
Trading notes:Â I've taken a number of stocks off of my watchlist, all but SG is due to them already playing out their setups with a positive result. There's not a ton of charts out there right now that I can get excited about as the S&P 500 has bounced over 300 points (if you're counting
New Long Setup: BMY I Bought BMY at 57.50 My stop-loss: 54.79 My target Price: 62.00 Risk Rating: 3.4
Trading notes:Â With the return of the Trump administration, the stock market will be paying much closer attention to what the president is saying, and that of course introduces a new element of volatility to the market on a day-to-day basis. We saw a glimpse of that on Monday night when President Trump was talking tariffs