Trading Block

Trading notes: Heavy sell-off yesterday centered around tech and the mega cap plays. Saw heavy rotations into value plays from growth. As has been the case with the two previous heavy sell-offs, there was an immediate bounce back and slew of dip buyers willing to take stocks right back to all-time highs in the days

I closed GE at 157.39 for -3.7% overall.

I closed 1/2 of CIBR (1/3 of original) at 57.17 for +2%. I closed 1/3 of TRMB at 58.37 for +2.2%.

I sold 1/3 of TAP at 53.79 for +3.1%.

I closed 1/2 of GE (1/3 of original) at 158.60 for -4.2%

Trading notes: Heavy selling pressure building in the pre-market across the board, and semis are reacting strongly to ASML earnings, dragging the entire industry lower, despite a double beat. In the past, weakness in the Nasdaq had led to immediate dip buying, but will the same translate for the Russell 2000 with its gap lower? Today

New Long Setup: TAP I Bought TAP at 52.17 My stop-loss: 49.61 My Target Price: 58.90 Risk Rating: 2.3

Trading notes: While the market is attempting to trade higher once again this morning, and IWM looks to lead the way as well, watch on the large caps where over the last three trading sessions the tendency to take profits in the afternoon, and send large cap stocks lower. On the daily chart, there is no

Trading notes: Eventful weekend to say the least with the assassination attempt that took place against former President Trump. So far the market seems untroubled by what took place in Pennsylvania. One thing to keep watch over is the heavy selling that was seen at the end of day on Friday. There has been a

New Long Setup: TRMB I bought TRMB at 57.09 My stop-loss: 54.25 My target price: 64.00 Risk Rating: 2.5