Trading Block

Trading notes: A new year is upon us filled with hopes and possibilities! The key first and foremost will be to manage the risk in every trade taken and I do that by following the trading plan I put in place before I ever take the trade. The market sets up for a bounce here going

Trading notes: It's the last day of the trading year and while I don't expect a ton of volatility today, I do expect it to pick up some as we get closer to the end of day. This is considered the biggest window dressing days of the year, as firms will be trying to make sure

Trading notes: Futures are pointing heavily lower this morning, with the mega caps leading the charge. Signs of deterioration started to show on Friday, with a bearish kicker candle pattern that formed. What makes this dead cat bounce difficult to play is that stocks have been showing, as a whole, far more weakness of late than

I closed the remaining UPRO at 92.13 for +4.2% profit. Overall good trade!

Trading notes: Day 3 of what's called the "Santa Rally", but outside of the initial start, there isn't much more going on, with the exception of small caps, and today, is showing some signs of weakness. Expect volume to lighten up here again today. I'm not overly interested in adding new long positions to the portfolio

I closed 1/2 of UPRO (1/4 of of original) at 95.20 for a +7.6% profit.

Trading notes: In theory, Christmas eve started what the market calls the "Santa Rally". It consists of the last five trading days of the calendar year and the first two of the new year. Of course there is no guarantee of that actually playing out in a favorable way, but it is off to a favorable

Trading notes: Shortened week for the stock market with Christmas upon us. There will be a half day of trading tomorrow for Christmas Eve and the market will be closed on Christmas day. I will be actively monitoring my positions this week and posting any new trades, or changes to existing trades, but won't be active

I closed 1/4 (1/6 of original) of UPRO at 92.02 for +4% profit. (Leaves me with 1/2 a position)

I closed 1/3 of UPRO at 92.04 for +4.1%