This weeks trade plan. 

Keep it light and reduce long hold risk. Market is still on wobbly ground. Bond market told jpowell we ain’t listening to your mess about no 75 point hikes. The CPI number remains the biggest obstacle presently. Does it show peaking inflation or risk of further inflation. I’m not speculating on that. A lot of evidence in…

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Trade plan going forward

With the market volatility and lack of strength. I have downsized and completely exited certain positions to keep the market more in focus.

Exited postions

DIS- small gain (8%). Great jump at beginning of day and eod. Exited this morning. Looked over charts this weekend. Has a little more room to go down and with…

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Trade plan for tomorrow.

1. Indexes

Short and sweet..I have qqq tapping the bottom a second time. QQQ at 311. From what i see the chart is telling me we are tapping it again one more time. From there should be the bottom. I will go long on qqq and spy calls.

Apple

1. Believe apple will follow the indexes lower and i believe we hit 353-354…

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Wednesday trading plan.

1. indexes

after the close today and the immediate bounce back i have a slight inclination that we will see a strong rally tomorrow. The market is primed to get back some of its losses as the DXY is overstretched and should pull back. It was in the process of that late last night until the dropped headline of nuclear…

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