Trading Block

New Long Setup: AAPL I BOUGHT AAPL at 175.55 My stop-loss: 168.47 My Target Price: 191.00 Risk Rating: 2.8

Trading Notes: Semis taking a big in the pre-market, and set up for a big move lower, if the dip-buyers don't show up. Other sectors as well joining in the weakness ahead of the opening bell. FOMC Statement tomorrow, which will be its own set of fireworks to contend with. While I have been on

Trading Notes: SPY finished lower for two straight weeks - something that hasn't been seen since October of last year. However, the pullback was hardly one, and to the eye, it was more  of a sideways chop. Major news week with the FOMC Statement coming out on Wednesday and likely to weigh heavily on future

I closed 1/3 of TSCO at 257.07 for +2%

Trading Notes: Futures continue to fade ahead of the open. Semis continue to push lower for the fifth time in the last six days, which will inevitably weigh heavily on the rest of the market, particularly large caps. That could set the stage for an "everything not tech" rally, or simply a rally in the

I closed out SMH at 218.95 - stop-loss triggered.

I closed 1/3 of SMH at 220.60. Bounce not taking hold here, reducing risk.

Trading Notes: Similar to the CPI number, PPI came in this morning hot as well. So far the market response has resulted in the indices shifting lower. Bulls largely ignored the CPI on Tuesday, and it will be interesting to see today whether or not the same happens with PPI. NVDA and the big tech

I closed 1/2 of SLB (1/3 of original) at 52.46 for a +5.7% profit.  

New long setup: TSCO My TRIGGER price: 252.01 My stop-loss: 243.38 My Target Price: 275.00 Risk Rating: 3.2