I closed BX at 170.83 for a -2.9% loss. Broke below the rising trend-line here.
Trading notes:Â Strong start, weak finish for the market today. Couple of the items on the watchlist did phenomenally, well, namely META & FVRR. I took both of them off the watchlist, because they aren't ones worth chasing at these levels, following the notable gains they provided on Monday, as they held up very well to
I closed 1/3 of UPRO at 93.19 for +4% profit.
Trading notes: Stocks are looking to continue their bounce from Friday, which broke a four-day losing streak. Strong, healthy move on Friday across the board and it will be important today to get that continuation to the upside to confirm the Friday move. Keep in mind that on Thursday, the stock market will be closed
New Long Setup: BX I bought BX at 176.08 My stop-loss: 166.03 My target Price: 199.00 Risk Rating: 4.0
New Long Setup: UPRO I BOUGHT UPRO at 89.62 My stop-loss: 86.07 My target price: 99.00 Risk Rating: 3.7
Trading notes: Considering January to be the best month historically for the Nasdaq, it is safe to say, it wasn't the best start for the index as it squandered all of its gains before finishing lower on the day. However, I wouldn't get too worked up about today, considering that over the years, there has
I closed UPRO at 88.88 for -2%. Hard reversal on all of the mega caps here, and the indices are following.
New Long Setup: UPRO I bought UPRO at 90.71 My stop-loss: 86.95 My target price: 99.00 Risk Rating: 4.8