Trading Block

Trading Notes: Some pullback on Friday in Tech, as well as the overall Nasdaq 100 that saw the previous two days of gains get wiped out for them. Today, what will be worth seeing is whether the Friday selling is part of a more sustained pullback that is just getting started or whether the dip

Trading Notes: Some more economic data that includes Personal Spending and PCE Price Index. The former came in quite hot month over month, and Core PCE, a Fed favorite, came in at expectations. Futs have had a minimal reaction to the downside so far, with the Russell 2000 remaining slightly positive. INTC reported earnings that

Trading Notes: GDP came in pretty strong this morning and it has gotten the market moving back to the upside yet again. Small caps via the Russell 2000 leading the way, but I've seen that a number of times over the past week and then it sells off and yields to letting big tech lead

As mentioned the past couple of weeks, I'm changing the format of the evening/morning newsletter, to setups I am watching coming into today. Everything else remains the same, just wanted to make a change here to make the email more impactful. Watchlist Holdovers: ULTA, F, SHOP, LULU, TWLO, ALB, CVX New to the Watchlist: PYPL,

As mentioned the past couple of weeks, I'm changing the format of the evening/morning newsletter, to setups I am watching coming into today. Everything else remains the same, just wanted to make a change here to make the email more impactful. Watchlist Holdovers: ULTA, F, FDX, SHOP, TTWO, LULU New to the Watchlist: TWLO, ALB,

As mentioned the past couple of weeks, I'm changing the format of the evening/morning newsletter, to setups I am watching coming into today. Everything else remains the same, just wanted to make a change here to make the email more impactful. Watchlist Holdovers: ULTA, CSX, DIS New to the Watchlist: F, SHOP, TTWO, PLTR, LULU, FDX

Trading Notes: I made a rare pre-market trade, something I hardly ever do, to book profits on two-thirds of the W swing trade this morning for a +13.2% profit. I am open to adding an additional long position today depending on how the market behaves during the first 30 minutes to an hour of trading.

Trading Notes: Following two days of selling on SPY & QQQ, and far greater selling on IWM (11 out of the last 13!), futures are all gapping higher this morning at the open. That bids well for AAPL who suddenly is the recipient of an upgrade. I'm open to adding a new long position to

Trading Notes: The market has done an incredible job of masking a ton of underlying weakness. With QQQ & SPY trading just barely below their all time highs, only 50% of stocks are even trading above their 40-day moving average. Considering just two weeks ago, we were trading at a near staggering 80% of stocks.

Trading Notes: Stocks off the overnight lows, but still setting up for a lower open. NY Manufacturing missed expectations by a mile as it came in at -43.7 vs. expectations of -5. If the bad news is good news narrative of late holds up today, that could bounce the market from its opening lows. On