On these down days I like adding to and initiating new positions, especially while I have good bearish hedges that seem to be working. I'm buying BMBL and TTD, adding to SNOW and U. I'm mostly a swing trader so I usually hold several weeks, sometimes much longer.

Yeah got myself some TZA to start the day, thanks

I still have my calendar spread on the QQQ and my put diagonal on the IWM, both are slightly bearish trades, I'm gonna keep them on for now.

Took what I consider a low risk entry on TCS. I will need to see the price push up to the 200MA in the next few days to stay in. Set a tight stop($11.20) in case in goes bad, LOL.

220.47 weekly low seems next test point. If it takes that out I think a bigger selloff into close is possible.  However SPY and QQQ seems to be on much firmer ground than IWM, so seems unlikely only one index would move to sharply

Push lower into the close? Looks like it will at least test today's lows

SNOW  is making another push higher today. It's been a nice steady climb since it's late July pullback

I was just looking at it. Jim Cramer gave it a positive mention, but I'd say mostly still a reaction to the big earnings beat.

Congrats, likely a positive move for you existing investors

Agreed, I bought a diagonal spread, so I will at least get a little of the Theta decay, LOL.

I bought some Put spreads, if I'm wrong I'll know soon enough.

Thanks for this one, it wasn't on my radar, it is now!

Thanks Matt

I've almost pulled the trigger on this one a few times over the last month. Never found an entry I loved, but I admit the FOMO is strong for me in this one, LOL.

Ryder Showing nice strength today. Trying to power higher

Agreed.

Agree awesome chart! I got stopped out of my puts, if I get back in going to do it with 3X bearish ETF.

Closing for a small gain, freeing up cash for any possible system triggers in the next few days

Yeah I have those QQQ puts from yesterday, I'm setting stops in case it bounces back up, but not even close to being taken out yet

Just released great earnings, hoping for a great day tomorrow! https://seekingalpha.com/news/3728414-upstart-eps-beats-0_37-beats-on-revenue?utm_source=selerityinc.com&utm_medium=referral