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    I closed 1/2 SDS

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

    By |Published On: April 16, 2024|0 min read|
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    Trading Block Update

    Trading Notes: First time the indices have seen heavy follow through to the downside following a day that also saw heavy selling. There's a huge urge to want to get more short on this market, but better to wait for the attempt at a dead cat bounce to materialize first, and back towards the AVWAP

    By |Published On: April 16, 2024|1 min read|
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    I closed 1/3 SDS

    I closed 1/3 of SDS at 26.73 for +3% profit.

    By |Published On: April 15, 2024|0 min read|
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    Trading Block Update

    Trading Notes: Strong sell-off on Friday that managed to close just above the 50-day moving average. Potential for a large scale war between Iran and Israel after the former launched a drone attack over the weekend. The market saw the escalation in tensions as bullish and is setting for a gap higher this morning. This

    By |Published On: April 15, 2024|1 min read|
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    New Long Setup: SDS

    New Long Setup: SDS I BOUGHT SDS: 25.95 My Stop-loss: 25.14 My Target Price: 28.30 Risk Rating: 4.5

    By |Published On: April 12, 2024|0 min read|
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    Trading Block Update

    Trading Notes: Strong bounce back on the surface for SPY and QQQ but overall breadth was dismal and held up largely by the  mega cap, big tech plays. Not a great deal of confidence to be had by this market here, but follow through with strong internals on Friday in the early going will make

    By |Published On: April 12, 2024|1 min read|
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    Trading Block Update

    Trading Notes: PPI report due out on Thursday - which should usher in another fresh round of volatility, following Wednesday's hard sell-off from CPI. If the PPI doesn't come in hot like the CPI, I would expect the bulls to ramp this market higher. If it disappoints, it will be a similar trading session to

    By |Published On: April 11, 2024|1 min read|
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    Trading Block Update

    Trading Notes: CPI report comes out on Wednesday and it is likely to lead to a major price swing for equities. This could be the first opportunity in the last three days to make a swing trade in this market, depending on the direction and whether a clear trend can be established going forward. I

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

    Trading Notes: The light volume in this market continues and that is concerning as a shock event to this market will be difficult for the bulls to absorb. This week has plenty of potential with CPI tomorrow, and PPI on Thursday, while bank earnings also kick off later this week. I was very close to

    By |Published On: April 8, 2024|1 min read|
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    Trading Block Update

    Trading Notes: New week ahead with plenty of headline events with the CPI report coming out on Wednesday morning and the PPI on Thursday morning - both events before the market opens. Also the typical Fedspeak throughout the week as well. Some concern remains with the market following Thursday's heavy sell-off, but so far, based

    By |Published On: April 8, 2024|1 min read|