QQQ
The index gapped up and found sellers all day.
The 10 crossed over the 20. The angle of the 10ma is improving, the 20ma is sloping slightly down and the 50ma is starting to turn up. Market conditions continue to improve. Still too early to call it a momentum market, but I do think things can set up for another leg higher.
Lots of RS in individual stocks today.
My current risk given the market environment: Half Size
What I did today
Bought stocks.
RKLB has been showing amazing RS vs the market. It is clear it is in theme with the others ASTS, LUNR, PL, etc. Entered PDH with stop at the opening price since LOD was too far.
COHR leading TML with accelerating earnings and sales. Pulled back to the 20ma and put in a HL. Bought over PDH and set stops at LOD.
PL same thoughts as RKLB (theme). Post earnings flag.
GEV TML with accelerating earnings and sales. Big base, slower mover.
Equity + Holdings:
