I closed 1/2 of GS (1/3 of original) at 445.97 for -2.9%

Trading notes: Over the last two trading sessions there has been a return to the mega cap rally, which is done at the expense of most other non-related tech stocks. A lot of what I track when evaluating the market internals suggests a market that outside of about 7-8 stocks  [...]

I closed KLAC at 806.07 for -0.1%. Hard reversal on this bounce play. Lowering exposure.

I closed FANG at 195.41 for 0.2% profit. Broad based selling in energy sector, WTI draw far larger than expected.

Trading notes: Yesterday, stocks reverted back to its old playbook of buying mega-cap tech plays at the expense of everything else, resulting in horrible breadth for the market while NVDA was able to add and additional $200B+ to its market cap. That could very well be in the cards again [...]

New Long Setup: KLAC I BOUGHT KLAC at 807.06 My stop-loss: 791.40 My Target Price: 875.00 Risk Rating: 3.6

Trading Notes: Yesterday saw the everything else rally play out as NVDA, and other tech plays weighed heavy on the large cap indices, while breadth was extremely positive and managed to advance all of the other sectors on the day. With NVDA having pulled back over 15% from last Thursday's [...]

I closed NFLX at 669.46 for a +4.3% profit.

New Long Setup: FANG I BOUGHT FANG at 195.10 My stop-loss: 190.31 My target Price: 210.00 Risk Rating: 2.8

Trading Notes: A gravestone doji candle has formed on the weekly chart of QQQ. Not an ideal candle for those, particularly in tech, looking to extend their gains in the coming weeks. NVDA also saw a pretty strong week in the red, where the stock saw about a -10% sell-off [...]

I closed 1/3 of GS at 451.79 for -1.6%

Trading Notes: Strong amount of selling yesterday among mega cap plays leading to a significant uptick in volume. However, breadth didn't weaken as much as one would have thought and instead there was a rotation into utilities, energy, financials and retail. This could very well continue into today as capital [...]