The morning session turned into a consolidation after the recent breakout in $SPY.
Powell spoke at 11:00 a.m. ET, so stocks were in wait-and-see mode.
Here are today’s trades:
- I bought $TSLA at 180.92 and sold at 181.92.
- I bought $XOM and $JNJ and closed both flat… there was no real movement.
I have open long positions in $HES and $VXX and an open short position in $QQQ.
Names I was interested in didn’t move much.
Have a great weekend. Look for the Morning Briefing on Monday.
All Star Charts Team