• Trading notes: A massive gap higher to all-time highs, following yesterday's FOMC rate cut decision. Ironically this comes after the market couldn't figure out what to do with the rate cuts  yesterday. But after European and Asian markets rallied in a big way overnight, the Nasdaq and S&P 500 are looking to follow in their footsteps.

    By |Published On: September 19, 2024|1 min read|
  • I closed NFLX at 688.90 for -0.9%

    By |Published On: September 18, 2024|0 min read|
  • Trading notes: Today is FOMC Day, and Jerome Powell and the Federal Reserve will be announcing their rate cut decision. Wall Street has priced in 100% odds of a rate cut today, but the extent of the rate cut is what remains entirely mysterious. Right now, odds are placed at a 63% chance there will be

    By |Published On: September 18, 2024|1 min read|
  • I closed 1/3 of NFLX at 705.38 for +1.5% Curbing some of my long exposure ahead of tomorrow's FOMC Statement.

    By |Published On: September 17, 2024|0 min read|
  • Trading notes: SPY looks to make 7 straight days to the upside, following the 9/6 lows. Tomorrow is FOMC and it doesn't hurt to remind traders that it is one of the less predictable FOMC Meetings we have seen in years - mainly because no one really has a firm grasp on whether it will be

    By |Published On: September 17, 2024|1 min read|
  • I closed 1/3 of TRU at 101.29 for +3.7%. The chart doesn't actually show there being any fills there, but the order said that is what I got and it was a limit order. Not sure what that is all about. Still investigating that.

    By |Published On: September 16, 2024|0 min read|
  • Trading notes: Over the weekend, expectations of the Federal Reserve cutting interest rates by 50bps soared, going from around 47% on Friday to 65% heading into Monday. That is a significant change and dramatic shift that suggests the Fed will jump start the rate cut cycle with a dramatic move. On the surface, it would

    By |Published On: September 16, 2024|1 min read|
  • I closed 1/3 of DHI at 194.75 for +3% profit.

    By |Published On: September 13, 2024|0 min read|
  • New Long Setup: NFLX I BOUGHT NFLX at 695.28 My stop-loss: 659.33 My target price: 767.00 My risk rating: 3.6

    By |Published On: September 13, 2024|0 min read|
  • Trading notes: Yesterday's follow through on the indices and not stalling at the 9/3 breakdown level, sets up price on SPY to retest its all time highs from here. Obviously it is important for the sustainability of the current rally to break through the resistance that has formed there with the 8/30 highs. The $565

    By |Published On: September 13, 2024|1 min read|