Hey Guys,
I haven't picked up any new positions yet today. I have some buy orders in place for tickers that are on the watch list (my buy limit price is set to the potential entry price on the watch list), but none of them have been triggered.
I closed my BIIB position this morning since it hit my prescribed time limit. It ended up just below breakeven for me.
My SBAC and GOOG stock positions are showing some strength right now. Everything else is pretty quiet. This morning MDB had a pretty major drop in price right before the market opened, but it already recovered and is back around breakeven as of the time I'm writing this.
One thing that happened today is the price of the S&P 500 (SPX) pierced the upper Keltner Channel. If you're familiar at all with my core trading strategy, then you know that's one of the first criteria required for setting up my trades. It's the sign of a strong uptrend, and my bread and butter is trading pullbacks on those kind of uptrends. There might be some good trade opportunities coming up the pipeline since the market as a whole is starting to set up for this trade.
The stock market is closed on Monday in observance of the July 4 holiday. Have a great weekend!