Trading Block

Trading notes: Thursday marked the best rally for the bulls since November '22, but this morning the bulls are struggling to hold the overnight gains, and now price action is slightly negative. While mega cap stocks have seen bounces off of Monday's lows, they still remain stretched to the downside - most notably GOOGL, where the

Trading notes: The key to swing trading through the most volatile conditions of the last two years will be patience. Not responding to every single candle, every day or getting FOMO for every large bodied candle. But it comes down to choosing your moments where risk is optimal. Right now, the market isn't just punishing

Trading notes: SPX is looking at another +60 point gapper this morning at the open, and I would be surprised if we didn't see another 100 point swing intraday at some point. Right now the volatility is highly elevated and chasing upside moves here carries a high degree of risk following such huge gaps. We saw

Trading notes: The bounce hopes of many have faded here in the pre-market as SPX was up in the futures about 100 points at one point last night, only to give up 80% of those gains heading into the open. Be careful about playing this bounce. I don't have a high confidence level of a sustainable

I closed SDS at 26.21 for +13.6% profit.

Trading notes: I took SPY short off of the watchlist because, as of this post, of how much the SPY will have dropped, when considering futures price action. It has been a great trade, but certainly one that isn't worth chasing short at these levels with fresh capital. These are wild, difficult and some of the

I closed TAP at 52.73 for +1.1% profit. Earnings on 8/6.

I just closed 1/2 of SDS (1/3 of original) at 24.37 for +5.6% profit.

Trading notes: A huge reversal on Thursday that wiped out nearly all of the market gains from the day before. The employment number comes out prior to the market open, scheduled for 8:30am ET. AMZN was a significant disappointment, while AAPL traded slightly higher. There is a lot of nervousness in this market currently with the

I closed 1/3 of SDS at 23.59 for +2.2%