• Trading Notebook: $VIX $MP $RCL

    $VIX once again killed. $MP Strong breakout today for MP through resistance. $RCL recapturing the steep rising trend-line following CCL earnings coming in strong.

    By |Published On: December 21, 2023|0 min read|

  • Trading Notebook: $XLE $GPCR $NIO

    Energy sector failing to push through the declining channel. $XLE $GPCR these days there's no limits to what the bulls won't go to, to buy the dip. This time off of a -50% push lower & bounce off the rising trend-line. Gap and crap on $NIO following the gap higher. Watch to see here whether

    By |Published On: December 18, 2023|1 min read|

  • Trading Notebook: $DKNG $BA $COST

    Head and shoulders nearing a confirmation on $DKNG What changed in from 11 straight weeks of declines for $BA where nobody wanted the stock to 7 straight weeks of dramatic price increases and a 50% rally where no one can get enough of this stock? $COST: A perfect example of FOMO taking over a stock

    By |Published On: December 15, 2023|1 min read|
  • Tesla (TSLA)

    Trading Notebook: TSLA, LLY and RIVN

    TSLA clean break of declining resistance with old-trend-line resistance now looming, has previously struggled to push through in the past. Triangle pattern starting to break here, but just underneath it is testing the rising trend-line off of the March lows. Make or break moment for LLY. RIVN keep an eye this morning on a test

    By |Published On: December 14, 2023|0 min read|

  • Trading Notebook: $GLD $SLV $PFE

    $GLD attempting to put in a new higher-low, following FOMC. $SLV bouncing off of the rising trend-line, suggesting it doesn't believe inflation is over. $PFE breaking through some major support dating back to 2015 this morning.

    By |Published On: December 13, 2023|0 min read|
  • Costco Wholesale (COST)

    Trading Notebook: COST, LKNCY, ORCL, MRNA and GLD

    Costco Wholesale (COST) reports earnings on the 14th and people are chasing this 44 P/E stock right higher still. Total lunacy! As Luckin Coffee (LKNCY) continues to sell-off look for a pullback & buy opportunity at the lower channel band here. Major support looms for Oracle (ORCL) to be tested at $98. Could

    By |Published On: December 12, 2023|1 min read|

  • Trading Notebook: $NIO $GS

    Nice base forming on $NIO daily. Watch for the breakout above resistance. $GS currently testing the declining trend-line & on the verge of pushing through here. Financials are higher risk plays with FOMC on Wednesday.

    By |Published On: December 11, 2023|0 min read|

  • Trading Notebook: $CRSP $SOFI $MS

    $CRSP attempting to hold the declining trend-line following a massive sell-off today. Watch for a potential bounce here. $SOFI pushing through the declining channel to the upside. Little resistance until $9.15. $MS attempting to breakout of overhead resistance. Has already broke through the declining trend-line.

    By |Published On: December 8, 2023|0 min read|

  • Trading Notebook: RBLX, DAR, CHWY, & PLTR

    Roblox (RBLX) pullback to the rising trend-line could offer up a bounce opportunity for the stock. Darling Ingredients (Dar) breaking out of its base with room to run to $51 before encountering much resistance. Chewy (CHWY) Hard bounce off of support following a large gap lower this morning. Some support attempting to be found for

    By |Published On: December 7, 2023|1 min read|

  • Trading Notebook: $TNX $PYPL

    10 year yield is now testing a major long-term rising trend-line, after selling off almost two months $TNX Similar pattern continues to emerge on $PYPL, and each time it has resolved itself to lower prices here. Huge red flag if that trend-line breaks down again

    By |Published On: December 6, 2023|0 min read|