Daily Review

Rotation continues as small and mid caps outperform. Bought AMD, stopped GEV.

POSITIONS

Pull back day across the port as small caps rip.

Bought AMD as mentioned in pre-market update, acted well relative to it’s peers.

175.77 cost, 32% size, 1% stop.

Bought over yesterday’s highs, and the 174.50/175 area. Can see on extended hours how it held that level on the retest before pushing off. Put my stop just under that level.

Got stopped on GEV.

Tried it a couple of times when it came in to 20ema and high volume close area and stopped both. Closed well in the end. Ideally goes sideways for a couple for weeks as 10WMA catches up. See how it acts around that 20ema area too.