QQQ
Gap up on the index and closed down on the day.
The 10 is over the 20.
10 and 20ma are sloping up. The 50 is flat.
Another positive breadth reading today. Mega caps really pinning the index flat. Some pockets of strength in the market. Need to stay in tune with current themes, that’s where the highest EV is.
My current risk given the market environment: Full Size
What I did today
RDW got stopped out on this from the previous day. Had too tight of a stop. 12% ADR can make big moves in either way intraday.
MU had news of breaking ground on their memory production facility in NY. Flagged on the daily. Took me two tries to get involved on the long side.
Prints:
Equity + Holdings:
that RDW trade was unfortunate.