Trading Block

Trading Notes: Employment number came out hot in the pre-market, crushing expectations, and amplifying the belief that there will be no rate cuts this year by the Federal Reserve. On the trading front, one of my positions, GEN, was downgraded by MS, which places a lot of pressure on the stock in pre-market, and likely

I closed 1/3 of NFLX at 655.00 for +2%

Trading Notes: Massive rally in the indices that took price right back to all-time highs yesterday. This all started with the eye-popping reversal back on Friday when the SPX was sinking lower but then rallied 90+ points off the lows. At this stage of the game, it won't surprise me to see some consolidation here,

New Long Setup: GEN I bought GEN at 25.17 My stop-loss: 24.20 My target price: 27.60 Risk Rating: 4.1

New Long setup: NFLX I BOUGHT NFLX at 642.14 My stop-loss: 619.45 My Target Price: 690.00 Risk Rating: 4.5

Trading Notes: Extremely low volume on Tuesday, and one of the lowest volume days for SPY on the year. With it, the bears were unable to sustain the opening move to the downside, and instead, bounced off the 20-day moving average to finish higher for a third straight day. Underneath the surface, the breadth was miserable

New Long Setup: META My TRIGGER price will be: 479.61 My stop-loss: 454.44 My Target Price: 530.00 Risk Rating: 4.4

Trading Notes: Full watchlist of stocks to be watching today. I took ARM off the list simply because the trade setup isn't there anymore, and I updated META as there's been a number of new candles added to the daily chart since I originally posted it that changes the look and form of that setup.

New Long Setup for ABNB I BOUGHT ABNB at 146.00 My stop-loss is 140.80 My Target Price 159.00 Risk Rating: 3.8

Trading Notes: The afternoon ramp on Friday, particularly the 47 point rally in the last 19 minutes was one for the ages. A complete melt up, if I've ever seen one. Thankfully, I didn't hold SDS for too long, during that crazy turn of events. As a result, and of course with @RoaringKitty back in