Hello Everyone,
Quick Notes: Following yesterday's consolidation day, the major indices all closed higher today (albeit off their intraday highs). Internals were mixed with big cap tech (QQQ) leading today's advance. Lately, it's been more of a stock pickers market. Today's standouts were in the EV space with TSLA, RIVN, and LCID leading the way higher. Trail up stops and remain prudent here.
We've had some decent trade ideas of late (focus on the ones that are in demand) including today but during the trading session I spent time reviewing over 300 names and really didn't see many objective setups so I will not be adding much tonight. No reason to press until you have a valid setup.
Note: Several previous ideas on watchlist remain valid but simply have not yet triggered so continue to re-examine each night. Consider making a fresh top 10-12 setups each night and put on front page along with existing trades. My advice is to keep your total ideas to a manageable number. Lastly, it's best to wait at times for valid setups to form - sometimes less is more.
Please take a moment to look at the trade ideas.
