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    CORRECTION: New Long Setup: NVDA

    The previous email subject line said I closed 1/3 of CSX, when it should have read: "New Long Setup NVDA". I have not closed 1/3 of CSX today (though I did, as previously emailed, closed 1/3 of CSX last Friday). The last email, as the email body stated, was about me buying NVDA. Though, if

    By |Published On: May 13, 2024|0 min read|
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    New Long Setup: NVDA

    New long setup: NVDA I bought NVDA at 905.42 My stop-loss: 870.35 My Target Price: 1000.00 Risk Rating:4.3 Earnings scheduled for 5/22/24, and will not be holding it through that date. The trade will be closed before then.

    By |Published On: May 13, 2024|0 min read|
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    Trading Block Update

    Trading Notes: Busy, busy week of economic news and the two most important events will be the PPI tomorrow and the CPI on Wednesday. There is also a ton of Fed speak this week, including tomorrow with Jerome Powell himself. So I do expect the low volume trading conditions from last week, to not be

    By |Published On: May 13, 2024|1 min read|
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    Closed 1/3 CSX

    I closed 1/3 of CSX at 34.41 for +1.1%

    By |Published On: May 10, 2024|0 min read|
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    Trading Block Update

    Trading Notes: I think this low volume trading environment that we have seen over the course of this past week, will continue into Friday and likely until the PPI report comes out on Tuesday, at the earliest. When the volume gets this low, the indices will, almost by default, steadily rise. And on Thursday it

    By |Published On: May 10, 2024|1 min read|
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    Trading Block Update

    Trading Notes: Low volume is permeating this market, and it is something that I expect to persist until next week when the PPI comes out on Tuesday and CPI on Wednesday. Both of those events should infuse the market with much more volume. As for now, I'm not against adding new positions, but won't do

    By |Published On: May 9, 2024|1 min read|
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    Trading Block Update

    Trading Notes: Doji candle yesterday, showing the market taking a a breather, is setting up for some downside at the open today. It will be important to see how well the market digests the gains of the last four days. If it gives back a large majority of them today, that would put in doubt

    By |Published On: May 8, 2024|1 min read|
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    CSX Triggered

    CSX triggered at 34.04, stop-loss 32.94

    By |Published On: May 7, 2024|0 min read|
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    New Long Setup: CSX

    New Long Position: CSX My Trigger price for CSX: 34.04 My stop-loss: 32.94 My target price: 37.50 Risk Rating: 3.2

    By |Published On: May 7, 2024|0 min read|
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    Trading Block Update

    Trading Notes: The bulls managed to hold on and push price back up for a third straight day. Price action can still run higher on the indices with out any significant resistance until it gets to the all-time highs on SPY. I am comfortable here with adding another long position to the portfolio, but will

    By |Published On: May 6, 2024|1 min read|