Foster

We are sprinting $SNDK $MU

@PrimeTrading_ As a @TradersLab_ subscriber myself, I love this new feature. Easy to see what groups are leading and even the leading themes within the leading groups. Super cool

🧪 Themes Lab — Beta Top-down theme tracker mapping 182 themes across the market. Surfaces which groups are leading by RS, what's setting up, and what's lagging — so you know where the real strength lives before getting into individual names. 🏆 Leading Themes (RS): Memory — 95.6 Power Semis — 94.1 Semi Equipment — 81.9 Analog Semis — 85.0 Semis dominating with 34% monthly returns across the board. 👀 Top Setups (Trophy + 90+ RS, ex-O&G): $FN 98 — Electronics Mfg Services $CLS 96 — Electronics Mfg Services $RMBS 91 — Memory $AOSL 93 — Power Semiconductors $SKYT 84 — Foundry (trophy carry) $ONTO 99 — Semi Equipment $KLAC 96 — Semi Equipment $UCTT 92 — Semi Equipment Clear message: The Semis & EMS supply chain is where the setups are stacking up. Software rotation watch still pending. By @TradersLab_

Yes $DDOG $CRWD $PANW

@NickDrendel Like it needs any more help🤣

$ARM - Already broke out of a multi-month base. Flagged into the 10EMA, broke to new highs today & now gapping up further. This should help the semiconductor group.

$SPY $QQQ $SOXX I have deleted the 21 EMA off my charts. The market will never touch the 21 EMA again

$ADI (long), $TXN, $MPWR, $VICR this group looks real good

@PrimeTrading_ Seeing the same thing as well. Added some exposure yesterday outside of tech. There are many sectors that have yet to make new ATHs and if this truly becomes a broadening bull market, you’d expect some rotation into those areas of the market. We’ll see!

If you look outside the weighted indices like $QQQ & $SPY... equal-weight $RSP gives a totally different picture. breakout of a near-perfect cup & handle with a strong higher low at the rising 21dma-structure. If the market broaden out even more from here? that's a possibility. Make sure to trim & raise your stops! And enjoy the ride as @basso_tom would say!

Something to consider when approaching the markets moving forward. After the V shaped action last year and the action the past 1-2 months, it’s hard to disagree with @801010athlete here

$SOXX $SMH $MU $SNDK Every marathon ends with a sprint to the finish line

May 4th - Portfolio by size: $ADI 11% No changes for me on Friday or today. Turns out my aggressive profit taking last Thursday was a mistake. Left some money on the table and learned a lesson about how to better manage my positions intraday. Going forward, I want to wait until the close if I have the cushion to do so. Obviously, if a name if acting terribly intraday I will get rid of it but I’ve found waiting until the close will help with getting shaken out mid day. I’ll be a buyer on any weakness/shakeout that may happen. Time to be patient and pick my spots on new exposure

$IGV There are some stocks that are shaping up to move into stage 2 $CRWD, $DDOG, $PANW, $MSFT I think we’ll look back on this earnings season and the talk will be about how the software selloff was a bit overdone

@801010athlete I watched $GLW off the 50 but never pulled the trigger. Nice buy

Optics are back. Got yesterday closing price buys on $CIEN(margin acct) & $GLW(IRA) after VIAV report. Great start w big cushions.

@PrimeTrading_ Great month and back solidly in the green on the year, but man always areas to improve

@J____Foster thanks! I hope you crushed it bud.

PORTFOLIO UPDATE 4/30 $IBKR $LUNR $QBTS $ORCL $TSLA $XYZ $MU $CAVA $CAVA $ARM $BE $IBIT $GEV $VRT $VRT $CAT $NBIS $NBIS What a day & week. Market reconfirmed the trend today, with a daily reversal on QQQE, and a hook-up above an already rising 10dma on MCSI. Breadth expending again, while Internals show a clean risk-on picture with Credit Spreads making a full downside reversal after rejecting the declining 21dma-structure. In short, everything says risk-on, from price, breadth, internals, LLs, and my PF feedback. I pressed a bit more today at the open after having de-risked QBTS, bringing my exposure just shy of 150% as per my gameplan if the market would re-confirm the trend. For now, it's a game of patience. The goal is to position along the pullback, accept the volatility that comes with it, and stay anchored to the structure. Once the market starts to confirm and momentum slowly comes back in, like today, the job shifts. It’s no longer about adding, it’s about managing. That means limiting new exposure, trimming into extensions and at predefined R multiples, and giving the market time to set up again. Let it digest, let the next leg build, then repeat the process. You’ll probably see me a bit less active, and that’s intentional. Staying disciplined in this phase matters more than doing more. NER is still at 2.6%, but with a good 1.5% cushion on it. Open Heat back above 10%, while closed delta on the current market cycle is still growing at 7%. I'll share my April performance update tomorrow, but the highlight is that I'm back green YTD, with my 2nd-best month since 2020/21. We played that one well so far... but still so much work (and patience) to do to NOT fuck this up. It was a pleasure trading alongside you all this month 🙏👊 Cheers HAGN! Today’s action: NEW: IBKR ADDED: TRIMMED: QBTS (1/3), CAT (1/5) OUT:

@NickSchmidt That’s what I did with $CLS today

@J____Foster I used to always panic and sell at lows and watch the stock close above where it needed to!

If I have cushion I let a stock go below where I want to exit during the day and give it a chance to close above. Theres obviously times selling earlier would have been better but waiting till close is one of the most impactful adjustments I made years ago

@ShakePryzby1 Pullback entries off the 20/21 after an extended move? Sign me up 🤌

So many charts out there giving great entry locations that happen to not be the most talked about names on twitter. It's crazy how the amount of mentions per ticker directly correlates to the amount of fucky fucky action. Not sure if anyones typed up $NBIS this week. Anyway just bought some of this $SKM here off the 20 on super tight risk on a structural pattern thats worked for me over and over again throughout my career.

April 30th - Portfolio by size: $ADI 11% Profit taking day for me. We will see if that was a mistake. Saw a bunch of gap and fades on tech leaders. We have been straight up since April 8th so want to realize gains. With that said, I’m a buyer on pullbacks and constructive action. And that could be quick. $POWL earnings on Monday, up 8% today and extended from 21 EMA and 50 SMA so decided to book that one. Last trims were over 20% gain from cost basis. Thought I managed that one pretty well. I’ll go back and look at it. Seeing lots of rotations into things outside of the $QQQ like $XLI and $XLV. That’s a good thing for a longer term trend of the market.

Booked a bunch. $CLS, $VRT, $NBIS. Trim on $POWL. I’ve managed my trades well this week and want to lock in profits. Lots of gap and fades across the board and $QQQ looking weak against the $SPY. It’s just one day, so not saying tech is done. But knowing where we’ve come from since April 8th, I want to see how these leaders set up across the board the next few weeks. Rotation? Pullback? Maybe some other groups take leadership while tech/AI names rest a bit? I’ve had a good few weeks and now I’m in observation mode. $POWL and $ADI I’ll hold my runners with such a low cost basis.