This would be a great system, as I have a lot of trouble objectively putting on hedges.

Oops, must've slipped on something!

I don't understand, LABU and XBI are down this morning, not up.

Matt, how often are there back-to-back trend days? My recollection is that it's very infrequent.  Also, do use SPX or SPY for gap determination?

Nice idea

5 min chart looks good too, kind of a cup & handle or "batman." 2nd chart shows conservative and full measured moves.

IWM sporting a nice tweezers bottom on the 15 minute chart, and breaking above resistance. I'm long, day trade w/ possible longer hold for part.

Stopped out of the rest for a small profit.

Trimmed and trailed. Thanks Steve!

FOLD - getting close to folding this hand

Matt, have you by chance ever compared how the SPY long trades do when there is a divergence w/ the NYAD? Wondering if there's an edge, i.e., nottaking a SPY signal when there's NYAD divergence, etc.

Bought back half my position on CX with a stop below today's low. 

Bouncing some after hitting new low for the day. You may have jinxed it, lol.

I got expelled out of XPEL! Glad for that stop.

I keep getting Motley Fool "All In" come-on's in my FB feed, lol. Anyone a member here can share the latest "all in" stock?

Smaller position size is what has helped me. Also, I leave in orders at support (9ema, 20, 50). That keeps me from pulling the trigger on too many ideas and then having too many to manage. Still, plenty of things I sold that went up the next day, hour, etc.

Agreed, especially since the June week after expiration (this week) is supposed to be "horrendous" to use STA's term.

How about CX today, good move after a deep pullback. Glad I held my shares.

From Stock Trader's Almanac FB page:

NASDAQ’s Mid-Year Rally Begins Early

In the mid-1980s the market began to evolve into a tech-driven market and the market’s focus in early summer shifted to the outlook for second quarter earnings of technology companies. In anticipation of positive results, over the last three trading days of June and the first nine trading days in July, NASDAQ typically enjoys a rally. This 12-day run has been up 28 of the past 36 years with an average historical gain of 2.6%. This year the rally may have begun early and could last until on or around July 14.

After the bursting of the tech bubble in 2000, NASDAQ’s mid-year rally had a spotty track record from 2002 until 2009 with three appearances and five no-shows in those years. However, it has been quite solid over the last eleven years, up ten times with a single mild 0.1% loss in 2015. Last year, NASDAQ advanced a solid 4.7% during the 12-day span.

So would this morning's price action, i.e., opens up, then drops down and then turns back up @ 4173.40 @ 9:35 not be considered a "red to green move?" Still not quite clear on what qualifies.