Trading Block

Trading Notes: Key for the stock market today, and in particular the indices, is whether it can build upon yesterday's attempt at a bounce. Follow through will be absolutely key here. At this point, I have two positions, but won't look to add more exposure unless this bounce attempt turns into something much more than

Dear Trading Block Members, I hope this email finds you well. I have an important update regarding the WhatsApp notifications. WhatsApp, without warning, discontinued the ability to provide broadcast lists over the weekend, which I have been using to send out real-time notifications for my swing trades. As a result, I will be relying Discord's

New Long Setup: SSO My SSO Entry Price: 70.92 My stop-loss: 68.73 My target price: 74.90 Risk Rating: 4.1 Looks like the broadcast functionality for Whatsapp isn't currently working... will look into what is going on with that after the closing bell

Trading Notes: Some signs under the surface on Friday that the market was starting to show signs of wanting to bounce. The weakness in large, mega-cap, tech stocks were masking some of the underlying strength that was being had by other stocks. Any trade that comes from this bounce will have a tight leash on

Trading Notes: Yesterday marked the fifth straight day that the S&P 500 finished lower. In the process the index is now flirting with conditions that are conducive to a bounce - i.e. its oversold in the short-term. Last night, futures fell apart on escalating tensions between Israel and Iran, only to be near break even

New Long Setup: XLV I BOUGHT XLV at 139.13 My stop-loss: 137.19 My Target: 144.60 Risk Rating: 2.1

Trading Notes: The market is still attempting further price discovery to the downside. This would be a fifth straight day of selling if it does it again. Market conditions are oversold in the short-term, my stock market oscillator has a 19.45 reading which puts it oversold territory for the first time since November of last

I closed the rest of SDS at 27.01 for a +4.1% profit.

Trading Notes: I booked another 1/3 of my original position in SDS yesterday for +3%. I did so because as the market enters into oversold territory, while we are still in a bull market, it is beneficial to aggressively book profits along the way, because at some point there will be a short squeeze. The

I closed 1/2 of my SDS position (1/3 of original) at 26.73 for a +3% profit.