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    Trading Block Update

    Trading Notes: Yesterday saw a heavy sell-off in excess of -1.5% on SPY and almost -2% on QQQ. This took place right at the anchored VWAP off of the all-time highs on both ETFs that I had been watching for a reload of my bearish position. I took a third off ahead of the FOMC

    By |Published On: May 1, 2024|1 min read|
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    Closed 1/3 of SDS

    I closed 1/3 of SDS at 26.91 for a +1.4% profit. Trimming risk ahead of some major risk events after the bell (AMZN earnings) and FOMC tomorrow.

    By |Published On: April 30, 2024|0 min read|
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    New Long Setup: SDS

    New Long Setup: SDS I BOUGHT SDS at 26.55 My stop-loss: 25.66 My target price: 29.00 My risk rating: 4.2

    By |Published On: April 30, 2024|0 min read|
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    Trading Block Update

    Trading Notes: Extremely low volume yesterday, allowing for the bull's baseline buying to simply push price higher with very little resistance. Intraday sell-offs like the one saw at the beginning of the last hour, was bought up into the close systematically, showing that the algo's are currently buying any and all dips ahead of news

    By |Published On: April 30, 2024|1 min read|
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    Trading Block Update

    Trading Notes: We are set for a busy week with AMZN earnings scheduled for Tuesday, followed by FOMC on Wednesday, Thursday is Apple earnings, and then Friday is the employment number. So there is some heavy risk events scheduled for this week, and it is why I think this week will be absolutely pivotal in

    By |Published On: April 29, 2024|1 min read|
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    Trading Block Update

    Trading Notes: MSFT and GOOGL saw the market respond favorably to their double beats on revenue and EPS yesterday. Much like the market rallied off the lows following META's sell-off yesterday, you have to be weary of the potential for the market to fade MSFT and GOOGL earnings. Often times when there is a huge gap higher from

    By |Published On: April 26, 2024|1 min read|
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    Trading Block Update

    Trading Notes: FDX and GPS were both taken off the watchlist today, as both charts broke down as a result of yesterday's price action. Also, XLV and SPY were removed, as I have already played those trades and closed them out yesterday (phew!). Very ugly gap lower following META earnings yesterday and surprising sell-offs on weaker

    By |Published On: April 25, 2024|1 min read|
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    I closed the following: SSO & XLV

    I closed the following: SSO & XLV I closed the rest of SSO at 71.40 for +0.7% I closed the rest of XLV at 140.43 for +0.9% Heavy selling in big tech raising significant concerns for me here.

    By |Published On: April 24, 2024|0 min read|
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    Trading Block Update

    Trading Notes: Seeing a decent bounce coming to fruition for the bulls here after three straight weeks of selling. However, chasing new positions here, until there's the confidence that this market rally is more than just a dead cat bounce, sets up for heightened risk exposure. As a result, I'm leaning more towards managing existing

    By |Published On: April 24, 2024|1 min read|
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    I took partial profits in: XLV & SSO

    I closed the following: 1/3 of XLV at 141.18 for +1.5% 1/3 of SSO at 71.99 for +1.5%

    By |Published On: April 23, 2024|0 min read|