Daily Review

Portfolio

Decent day overall in the portfolio. Added COIN and OUST and my partial back to MU. Cut SE on the gap down, it did bounce after a while but I manage risk and ask questions later. Cut SPOT too for breakeven, I chased it a little and want to get a better spot with tighter risk.

Trimmed CLS, NVDA, CAVA, DELL.

COIN

Took the entry from my premarket plan with break through 236.80 level. Pre-empted it a little after it found support on the morning dip at the 50MA and bounced. 2.5% stop loss.

OUST

Forgot to add this to me pre-market plan post, but shared the chart in my watchlist post on Monday. Was a little slow so smaller size (10% position), with 4% stop.

MU

Added back the partial I sold. Tight leash on that.

DELL

Trimmed a little more at 29% gain, have 1/2 position left and will hold rest in to earnings Thursday.

CLS

Trimmed 1/3 at 19% gain.

NVDA

Trimmed 1/3 at 18% gain

CAVA

Trimmed more at 22% gain and held 1/2 in to earnings, currently gapping down just below the 10ema, but I have cushion and willing to trail it on the 20ema/50MA.

DELL

Trimmed a little more at 29% gain, have 1/2 left and will hold in to earnings Thursday.

Market look

QQQ continues to act well, likely buoyed by NVDA. SPY holding 10ema and above previous highs. Both still below highs of reversal day.

VIX at a potential bounce spot, something to keep in mind for new buys.

TNX bouncing off support level. Probably best to leave small caps alone until this resolves lower.

Will scan for new ideas tomorrow morning, I live in England so currently 10:30pm here. Any ideas or feedback let me know, always happy to converse.