Daily Review
Wild and volatile day as headlines whip things the market back and forth. Leaders continue to hold well despite everything so far.
POSITIONS
Wild day with headline after headline that created a ton of volatility.
That said positions still acting pretty well alongside a basket of select stocks.
Headline risk and volatility just makes positioning really tough for new positions and not worth the risk.
Looked like we were finally getting a nice gap down to start a potential flush and then we went on a see-saw ride of volatility and headlines.
Still think the flush is the ideal scenario but doesn’t mean we get it.
Will continue to just take each day as it comes and if positions look good overall I see no reason to get rid of them if I have cushion.
GEV
Hit a new all time high before pulling in.
DELL
Was strong as well bouncing off 5ema area
VRT
Had a strong move intraday before closing weak and right at that 20ema again which has been support for a while. See if it can continue to be
SNDK
So far still building out a proper handle after a move straight off the bottom of the base. Much prefer the handle than a rip straight in to highs. Just needs to remain constructive above 20ema/10WMA
TER
Showed some early strength before squatting with the market. Back above all MA’s though
