Trading Block

Trading Notes: SPY broke a 10 day winning streak, but still sits right below its all-time highs, after establishing new ones on Wednesday. Yesterday's selling didn't come with any volume, so I'm not concerned at this point that there is a significant sell-off awaiting the market, as volume came in below average. At this point

I closed 1/3 of ISRG at 399.75 for +1.6%. Reducing the risk here some on the position, as the overall market is grappling with overbought conditions now.

Trading Notes: We are through the most difficult period of the week with CPI yesterday coming in slightly cooler than expected. Stocks took off, but to the extent that it did, and the fact that SPY is up 10 straight days here, I think it is going to be tough sledding today, to make it

I closed 1/2 of ORCL (1/3 of original) at 121.46 for +3.8%

New Long Setup: ISRG I BOUGHT ISRG at 393.46 My stop-loss: 378.85 My target Price: 430.00 Risk Rating: 4.1

I closed 1/3 of NVDA at 933.00 for a +3% profit.

Trading Notes: CPI comes out at 8:30am ET on Wednesday, and it highly expected to bring about a significant price swing. I reduced my positions sizes today where I could, and booked profits when the opportunity was provided. If there is a bullish reaction to the CPI, I will be looking to add more long

I closed 1/3 of ORCL at 120.13 for a +2.7% profit.

I sold the rest of CSX at 34.08 for a small profit. Above average selling pressure, pushing it below its rising trend-line from the May lows.

Trading Notes: PPI came out this morning and the results were slightly hotter than expected. While the market initially sold off pretty swiftly, it is now grappling with the dip buying algos attempting to push it back higher. The first 30 minutes to an hour of trading today will go a long ways in determining