Some good action today but I definitely traded more than I needed to.

NVDA nice break out midday gave us a handful of other names to trade which was nice MRVL etc. NVDA I tried it a few times but never got anything to really scale into. TQQQ traded it a lot, best thing I did was cover first ask questions later – allowed me to re scale in at the shoves many times.

Covered many of my shorts too early WHLM PBTS etc.

CELC nice patience PLBY monster swing along with GBOX took a bit to get going but did.

Market is DEFINITELY different than it was.

MY GOAL IS NOT TO SCALP TRADES – I really prefer to position in and let them work but LATELY I’ve been doing more larger size small range trades just based on what is there. I will be trying to trade a bit less tomorrow.

Here’s plan and I’m not crazy about much.

There’s lots HUGE moves on Bio names to the downside and many other names but its hard to chase them day after day — the swing has been the best (in hindsight) – that’s why I’ve been so focused on 945-10AM+

Main Watches:

TQQQ patiently waiting – we very well may be heading for $110 + when you look at MSFT AAPL AMZN etc and everything else that it’s based on you won’t have the same opinion as looking at TQQQ – that’s why I watch them all to wait for proper entry.

RIOT higher better w/ MARA worked well today I’d be looking for another trade there if it sets up like today.

ATNF $12.20 key – decent opportunity today. Higher better and failed follow through.

FUBO all strength for teens and unwind.

Failed Follow Through:

VIAC so far so good – faded it today will continue to do so until the levels hit – may even go lower at this point $35s etc – but for now still thinking $38-40 and we got there. Doesn’t mean it has to bounce this slow steady pressure will last a very long time compared to a quick blow out.

WHLM higher better and back side – nice opp from pre today.

CCL higher better and back side. So far chart resistance is holding.

NCLH same as above – nice trend joins today.

LHDX reminds me of XL RMO etc – can sit right back – watching to fade any big moves.

COIN IPO / Bitcoin Heaviness:

CAN all pops looking to fade- feel like $$ came out today maybe they want it for COIN

BTBT same here- may be next leg down to $10 near term

MARA with RIOT above ^

Continuation:

CELC perfect plan in room 🙂 sold some low to mid $29s AHs

PLBY I may be right may be wrong – as you know I was interested dips last week I’d really like to let this work if it does – if not, I’ll respect trend but trying to be patient.

AFMD watch if dips firm up – could easily continue on to $11 – see the wicks we talk about on the daily?

GBOX came back well today added more – good swing so far.

Staying Familiar: