Wow, everything is dying again. We’re nearly in Bear Market territory, if not already, in the S&P. This will be my first Bear Market. /ES is deliberating around 3900 premarket. Utilities (XLU) & Energy (XLE) Seem to be the only sectors that didn’t exhibit complete weakness yesterday, with Utilities being…
Year: 2022
Trade Journal | 5.11.2022 | Wed. | $7.04
Green for the day, need to take profits quickly. Holding out for expectation of moves may pay off in big ways on some trades, but this is not my style, nor something I feel comfortable with. I’m willing to relinquish the chance at capitalizing on massive moves for the higher…
Charting Journal | 5.11.2022 | Wednesday
Everything is dying. Significant selloff premarket in spy through all activity of day prior. /ES is at level below which I’ve not charted ($3960). Is this the market mind pricing in something beyond interest rates? Is war going to escalate? The market seems to have prescience collectively over these sorts…
Charting Journal | 5.10.2022 | Tuesday
God DAMNIT Real estate dropped EXACTLY as I’d predicted, the bear flag manifested to the T & I was gone for it. I didn’t trade for fear of being too tired. I went to sleep on time, around 8:30, but woke in the middle of the night, and couldn’t fall…
Trade Journal | 5.10.2022 | Tue. | $0.44
Did well enough by breaking even, but could have had more conviction in SPY play. Must employ levels for stop losses and be willing to stomach fluctuations. It’s a good trade if there’s a good level above entry to place a stop. You had one yesterday but did not hold,…
Charting Journal | 5.7.2022 | Saturday
Out of the market last week. Had trip to Denver. First day back happened to be the 1 year anniversary/birthday of Solace Cloud. Seems to have been a considerable red week by the end, with a massive reprieve sometime in the middle of the week, teasing the hope of a…
Trade Journal | 4.28.2022 | Thu. | $12.30
Not likely that I’ll be to do trade journals as thoroughly as I used to for some time, but must make effort to note trades in some capacity. It helps that today—& almost every day I’ve traded this month—I’ve been green, albeit in a very small capacity. I’m trading shares,…
Charting Journal | 4.28.2022 | Thursday
MCD looks like had positive earnings. Gapped up in premarket. Overall sector has had massive selloff, perhaps this could be a relief rally. SPY gapped up premarket, hovering right around 423. Could be great level to trade off long or short. 423 is daily level. /ES has no clear direction…
Game Plan | 4.28.2022 | Thursday
You are up early & alert, but keep in mind you can shoot yourself in the foot (and have in the past) trying to watch too much, & too eager to take action just because you were ‘prepared’. Stay small. This month is the month of small consistency. Finish it…
Charting Journal | 4.26.2022 | Tuesday
All sectors, once again had a red day. Industrials (XLI) looking particularly bad, well below all emas on daily, looks like there’s room for continuation to the downside with no immediate resistance. BA approaching bottom of channel. Look for bounce off channel bottom. If not, then could be considerable flush…
Charting Journal | 4.24.2022 | Sunday
You must realize & remember. Placing ONE good trade can set you apart. Look at the price action from Friday or Thursday. You could have quickly doubled your money on setups you identified. You MUST curb the rational that trading more is better. If you are thorough & reasonable in…
Study Journal | 4.24.2022 | Sunday
Questions: What is Yield Current Understanding | Yield is the total return on an investment after everything, like the yield of a crop, the yield of an investment is what you get after any increase in value of the asset/security plus the amount of interest payments or dividend payments. That…
Charting Journal | 4.23.2022 | Saturday
Going to use this as double for Education Journal for now. Don’t want to spend time building journal now but likely will in future. Education Segment: MUST understand interest rates, bonds, notes, bills, all of it. Been flirting with the knowledge for over a year now but have not reached…
Study Journal | 4.23.2022 | Saturday
MUST understand interest rates, bonds, notes, bills, all of it. Been flirting with the knowledge for over a year now but have not reached any meaningful solidification. a YIELD is the return on an investment, does that mean on any investment? Or only of ‘debt obligations’ like treasuries, or bonds.…
Game Plan | 4.21.2022 | Thursday
For potential upside, real estate, Health care, Materials, consumer staples. For potential downside continuation, communication services. BA seems to be showing strength, industrials overall also showing strength could be good move if upside continuation. Look to play if premarket high of 188 is taken out & holds. RIO in Materials…
Charting Journal | 4.20.2022 | Wednesday
Almost finished building the layouts for each sector. Considering building out identical layouts for each industry as well, though this is ambitious as there are 69 of them, as opposed to just 11 for sectors. However, it may be worth while. It seems the stocks within industries move together—today for…
Game Plan | 4.19.2022 | Tuesday
Energy has been on massive tear up but in pm seems weak, but shorting it seems irresponsible considering the direction of the trend prior to this morning. However CXLE the etf/index is forming a rising wedge. Consumer staples have been in massive uptrend & consolidating, looks to have strength this…
Charting Journal | 4.18.2022 | Monday
Not planning on trading tomorrow but began catching up with vision to build out sector views & a wreak view of not just sector but of top 12 options or stocks in sector, templates for hourly & daily overview. If I were going to trade, healthcare sector looks like it…
Charting Journal | 4.17.2022 | Sunday
Can’t trade tomorrow but looks like airline In for potential upside move. Tech looks weak.
Charting Journal | 4.16.2022 | Saturday
Organizing charts. In the middle of massive undertaking to try to have chart layouts for sectors. Discovered market watch breakdown of S&P didn’t realize this was available. Knew about market watch but not that I could look at specifically s&p 500. May consider building my own. Had been scanning sectors…