The market is kind of drifting and seems to be in an indecision mode.
This week could be tough trading with earnings and the Fed.
Here are today’s trades:
- I bought $VLO at 125.32 and sold at 125.82.
- I bought $PG at 152.95 and sold at 153.49.
- I bought $PDD on July 19 at 79.44 and on July 20 at 76 and sold today at 79.93.
I also called out long setups in $BABA and $JD and a short setup in $ABNB.
I booked two losers
- I bought $MU at 66.22 and sold at 65.81.
- I Bought $SHOP at 66.78 and sold at 65.95.
I have open long positions in $HES, $VXX, $GOOGL, $CRWD, and $NVDA.
I have open short positions in $QQQ, $KLAC, $NFLX, and $STLD.
Have a great evening. Look for the Morning Briefing on Tuesday.
All Star Charts Team