We got the ceremonial Monday rally. 

Now it is just a matter of whether the stock market craps all over itself the rest of the week. I took Silver (SLV) off the watch-list and I'll probably get a bunch of "you're an idiot" emails because some of you out there don't realize what risk and reward are.  You don't buy silver at these levels.

"Oh, but Ryan, it is going to $1,000/ounce by Friday!"

Seriously, have you not learned your lesson yet? Quit buying the hype. Three weeks ago, hardly anyone was talking about it. Instead they were focused on Tesla (TSLA) hitting $5,000 before August. Now everyone is an inflation expert and certain that hyperinflation is a matter of hours away. 

Just stop it!

Learn to preserve capital first, and profit second. Not the other way around. 

My watch-lists are below and will be closely watching them throughout the week. If you want the updated list as the week progresses, well, you're going to want to be in the SharePlanner Trading Black for that. 

Here's my watch-list of long setups I am following:

Here's my watch-list of short setups I am following:

Oh what a mess this Federal Reserve has put the stock market in!

Oh I know, S&P 500 and the Nasdaq are both positive on the year, and the latter is raging at new all-time highs, day after day practically. But what happens when the Fed balance sheet goes back to "normal"? 

We lived a life time in the first half of 2020, what does the second half have in store?

I hate to say that there's no way that the second half of this year could be crazier than what we have experienced so far in 2020, but the mere statement will likely doom us all to experience exactly something even crazier. 

There's a number of stocks that I have had to take off the watch-list - stocks like Amazon (AMZN) and Tesla (TSLA) because taking positions in them at this juncture is a bit insane from a reward-to-risk stand point. I want to, instead, focus on the stocks that offer the best return for the risk one takes on. 

The bullish watch-list continues to shrink in number simply because of how overstretched most of the charts are at this point. Though, if they can get going, stocks like Roku (ROKU) and Home Depot could be setting up for another leg higher. 

Here's my watch-list of long setups I am following:

For similar reasons, quality short setups are far and few between, though I have seen a slight uptick in them in recent days, as there have been some significant divergences emerge on the indices and market internals. 

Here's my watch-list of short setups I am following: