Alex Desjardins

Alex’s PF performance. - April 2026 📑🛡️ MTD ( +21.23% ) YTD ( +2.91% ) YTD benchmark QQQ (+8.83%) Hey guys! Overall, I am very happy with how I traded in April, a nice comeback after 3 rough months to start 2026. If I need a takeaway, and I already knew it, but it simply reinforces it, is to trust my system & process, even if the market is shit and nothing works, when I can catch that market turn decently with size, and be patient to let that exposure do the work for me, that drawdown is behind me in 2-3 weeks and I can already look to push my EC into new ATH. That's how I trade, and whatever I can hear or the criticism I can receive, I've proven time and time again over the last few years that getting size early by following my process and rules of engagement is what gives me super-performance. No more doubting it. I got caught in a few big gap-downs & breakdowns, but the win rate was high at 66%, with a very good 6.4 RRR. I was able to push 75.5R in profits, which proves I let my winners run well, with a 15% avg gain. Time to focus on capturing the best part of that trend for when it lasts. Let's kill May, let's goo! 💪 Cheers, Alex ✌️ • Every entry, exit, and trims are taken in real time in the PrimeTrading Discord community, with educational explanations for all trades. • I share all my trades and monthly trading performance results since January 2020 for transparency.

1 - Alex's Focus List (Top Leading Groups/Themes/Stocks @ 21dma-structure) $AAOI, $CAT, $CRCL, $KEYS, $NVDA, $NVT, $PWR, $TWLO By @TradersLab_

The Prime Report - 5/25, by @PrimeTrading_ open.substack.com/pub/primetradi…

Liquid Leaders 21dma-structure Pullback sorted by RS Rank. $WULF, $AAOI, $AEHR, $COHR, $LASR, $AMAT, $CAT, $IREN, $GLW, $NVT, $TER, $ATI, $PWR, $KEYS, $ROKU, $TECK, $ILMN, $IVZ, $BIIB, $VIK By @TradersLab_

Liquid Leaders Scan sorted by RS Rank. $AXTI, $SNDK, $BE, $VSAT, $WDC, $LITE, $PL, $CIEN, $MU, $STX, $SATS, $TSEM, $HUT, $DOCN, $TTMI, $VSH, $INTC, $WULF, $LRCX, $MXL By @TradersLab_

MARKET INTERNALS — Credit Spreads / VIX / Bitcoin CS (SHY/HYG) below DECLINING 21dma-structure. Risk-on. (1.03) VIX below DECLINING 21dma-structure. Risk-on. (16.70) BTC testing 21dma-structure from below, attempting reclaim. Risk-off → pending flip. (77,473) 2/3 clean risk-on; BTC the lone offside, but pressing for reclaim — majority calls risk-on. Credit Spreads: 1.03, riding below a rolling-over 21dma since the early-April spike faded. The one that matters most, and it's constructive — no credit cracks. VIX: 16.70, suppressed and grinding lower below a declining structure. Fear bid is gone. Bitcoin: 77,473. Lost the rising structure last week, but the multi-month base backtest held over the weekend and price is back at the 21dma — offense gauge knocking for a reclaim. What I'd flag: Your ideal scenario is live — a BTC reclaim this week flips 3/3 and reconfirms full internal risk-on. What kills it: BTC rejects here and rolls, leaving offense offside while CS/VIX hold. How I'd think about it: Regime: risk-on, 2/3 confirmed CS: clean, no widening — credit isn't flagging stress VIX: suppressed, vol bid absent BTC: offside but backtesting for reclaim, not breaking down Flip: BTC reclaims = 3/3 clean; BTC rejects = offense stays off, watch CS for confirmation Defense holds, offense is one reclaim away from green.

Liquid Leaders Price & Breadth — Daily Check Price: Trend is up — LL Composite is riding well above a rising 21dma-structure and just printed a fresh high (C: 440.50, +3.03%). Clean trend continuation; price is extended above the band but that's normal leadership behavior, no backtest in play. Breadth: MCSI is up near its highs and sitting on/just above a rising 10dma — that's an expansion regime, confirming the strength. MCO (z 0.05) is sitting right at neutral after rolling down off the firm/overbought readings from the prior weeks. This is a fall from a high toward the middle, not a curl off an oversold low — so it's neutral, no trigger. Net: Price strong and breadth expanding — healthy uptrend, stance is hold/constructive. No oversold curl-up to act on yet; MCO is mid-range and would need to push down toward oversold and hook before a buy-the-dip setup fires. Callout: watch the MCO here — if it keeps drifting toward the -1σ/-2σ zone and turns, that's the next add. Standout names: $WDC, $CIEN, and $MU showing the cleanest structure — orderly rides above the band with no damage. $SATS is the lone wobble, slipping back into its band on a -3.30% day while the group holds up.

BREADTH $QQQ McClellan Oscillator / Summation (MCSI/MCO) MCSI UPTREND — breadth expansion regime intact. Sitting below a declining 10dma near-term, but the larger trend's still up and the two-day hook (Thursday/Friday) is working to reclaim. MCO neutral at +0.42 — no extreme, plenty of room before overbought. Expansion's still the story. The dip under the 10dma is the pullback inside the uptrend, not a regime change — and the back-to-back hook says it's already turning. Price made a new high in QQQE Friday even on the gap-up fade, normal into a long weekend. Hold the gap Monday and the summation reconfirms above the 10dma, putting the expansion regime back on solid footing. MCO nowhere near overbought, so room stays open to the upside. Watching the 10dma reclaim Monday — that's the confirmation.

Trend's up and we're making new highs — into Friday we ran right up into 722.03, the recent high, got rejected there and consolidated just below, closing the week under it. That's about what you'd expect: some profit taking, people getting a little cautious heading into the long weekend. Price is still riding above a rising 21dma-structure, and with the McClellan summation hooking back up last week, the new high is a reconfirmation of the trend. Extension's not a concern here. ATR Dist. 21 EMA sits at 2.38 and ATR Dist. 10 WMA at 6.65 — stretched on the longer measure but nothing that says back off. Underneath, 714.59 is the first shelf, then 696.64, with the 21dma-structure tracking up well below around 692. Futures are up about 1.5% since last night, so unless something wild happens overnight, the likely scenario is a gap up into a fresh all-time high tomorrow. I'm keeping it simple. Trend is up, we're breaking to new highs, and I'm trusting it. Things to watch: 722.03 — the level we rejected; a clean break and hold opens fresh air above 714.59 first support, then 696.64 if we see any pullback 21dma-structure rising into ~692 — the line that keeps the upturn intact Gap-up open tomorrow on the 1.5% futures move — watch whether it holds or fades A close back below 696.64 is what would make me question the trend trend's up, new highs, don't overthink it.

Themes Lab — Beta 🧪 Top-down read on where market leadership actually lives — 180+ themes ranked by relative strength, surfacing which groups are leading and which names are coiling into setups. RISK-ON. LEADING THEMES (RS) Memory — RS 90 (#1) Analog Semiconductors — RS 85 (#2) Semiconductor Equipment — RS 77 (#3) Foundry — RS 90 (#4) Earth Observation — RS 87 (#5) Semis owning the tape at +31% monthly, with Memory and Analog both stacked above RS 97 on broad, deep leadership cohorts. TOP SETUPS @ 21dma-structure area $LITE RS 100 — Photonic ICs $PWR RS 99 — Grid Infrastructure $GLW RS 98 — Optical Components $AMAT RS 98 — Semiconductor Equipment $VRT RS 98 — AI Servers & Hardware $ADI RS 97 — Analog Semiconductors $NVDA RS 95 — AI Infrastructure $SATS RS 95 — Connectivity $NXT RS 94 — Renewables $CRCL RS 94 — Crypto Infrastructure THEMES SETTING UP (full breadth) Watch the themes where the whole leadership board is coiling at the 21dma-structure area together — that's where the cleanest follow-through tends to come from: Photonic ICs — $LITE, $COHR, $LASR all setting up (3 of 3 leaders) Optical Components — $GLW, $VIAV both setting up (2 of 4 leaders) AI Infrastructure — $NVDA, $AVGO both setting up (2 of 4 leaders) Grid Infrastructure — $PWR, $NVT both setting up (2 of 3 leaders) Crypto Infrastructure — $CRCL, $IREN both setting up (2 of 5 leaders) TAKEAWAY Leadership is concentrated in Semiconductors & Hardware — Memory, Analog, and Semi Equipment carrying the tape — with Photonics and Optical Components the cleanest full-breadth coils to watch for follow-through. By: @TradersLab_

PORTFOLIO UPDATE 5/22 $APLD $COHR $COHR $TSLA $TSLA $MU $ARM $ARM $ARM $BE $BE $CAT $NBIS $NBIS $NBIS Hey guys. Action still looks good but the tape's stretched here — QQQE running 3.5xATR from the 21ema and north of 7xATR from the 50ema, breadth pushing toward extreme. For me today this is about managing risk into a long weekend, not chasing. Market picture QQQE is extended and breadth is getting up there — not full-blown extreme yet, but close enough that I'm respecting it. This is the kind of stretch where you protect the gains you've already got rather than press. LLs went soft into the close while QQQE keeps pushing out over its averages — that divergence is the tell. Credit Spreads still downtrend below a declining 21dma-structure, so no stress in the plumbing, but VIX is sitting in the same setup. BTC is the one flashing: breakdown of 21dma-structure, then retest, rejection, and a new low. That new low reconfirming the downtrend after the breakdown is the key element — probably needs more time below structure, we'll see next week. So all in all: the LLs softening and the PF action point to digestion or a stress-test — maybe just profit-taking into the long weekend, maybe more. Either way I want to be off margin going in, so I'm taking exposure down and getting flat on NER. On my book The cuts are pure risk management plus rotation, not a market call. NER wasn't working and the laggards weren't pulling their weight — AFRM and CRCL got cut as lagging names, IBIT closed for living below its 21dma-structure. I want to go into the long weekend with NER=0 and off margin, which is exactly where the trims get me. I came down from 150% exposure to 110% at the highs, then took it to 85% for the weekend — paying myself into strength so that if a stress-test hits, I'm in a posture to add and not puke. The flip side of trimming laggards is leaning into the merchandise that's actually working. Enjoy your long weekend guys!! ✌️ Today's action NEW: ADDED: TRIMMED: OUT: AFRM, CRCL, IBIT, IBKR

The Prime Report - 5/21, by @PrimeTrading_ open.substack.com/pub/primetradi…

Liquid Leaders 21dma-structure Pullback sorted by RS Rank. $LITE, $WULF, $AEHR, $AAOI, $COHR, $AMAT, $GLW, $NVT, $TER, $KLAC, $VTRS, $ATI, $PWR, $TWLO, $ROKU, $TECK, $FDX, $HBM, $FLNC, $Q By @TradersLab_

Liquid Leaders EP sorted by 1-Day Return. $QBTS, $RGTI, $GFS By @TradersLab_

Liquid Leaders Scan sorted by RS Rank. $SNDK, $BE, $WDC, $LITE, $SATS, $CIEN, $MU, $VSAT, $STX, $PL, $TSEM, $MXL, $HUT, $DOCN, $INTC, $APLD, $TTMI, $LRCX, $WOLF, $WULF By @TradersLab_

Themes Lab — Beta 🧪 A top-down map of where relative strength is concentrating across 180+ themes — surfacing the leading groups and the stocks coiling at support before the next move. LEADING THEMES (RS) Memory — RS 93 (#1) Foundry — RS 93 (#2) AI Infrastructure — RS 91 (#3) Analog Semiconductors — RS 85 (#4) Semiconductor Equipment — RS 83 (#5) Semis own the tape at +66% 3M — Memory and Foundry both pinned at RS 93 with the tightest constituent cohorts in the table, and the entire leadership board sitting in semiconductors & hardware. TOP SETUPS @ 21dma-structure area $LITE 100 — Photonic ICs $PWR 100 — Grid Infrastructure $VRT 99 — AI Servers & Hardware $CAT 99 — Engineering + Construction $AMAT 98 — Semiconductor Equipment $GLW 98 — Optical Components $Q 97 — Electronic Instruments $CRCL 95 — Crypto Infrastructure $SATS 95 — Connectivity $NVDA 94 — AI Infrastructure THEMES SETTING UP (full breadth) Watch the themes where the whole leadership board is coiling at the 21dma-structure area together — that's where the cleanest follow-through tends to come from: Engineering + Construction — $CAT, $MTZ, $LGN all setting up (3 of 3 leaders) Photonic ICs — $LITE, $COHR all setting up (2 of 2 leaders) Optical Components — $GLW, $VIAV setting up (2 of 4 leaders) AI Infrastructure — $NVDA, $AVGO setting up (2 of 4 leaders) Grid Infrastructure — $PWR, $NVT setting up (2 of 3 leaders) Crypto Infrastructure — $CRCL, $WULF setting up (2 of 5 leaders) TAKEAWAY Leadership is wall-to-wall semiconductors — Memory, Foundry, and Semiconductor Equipment all in coil — but the cleanest multi-leader breadth is firing in Engineering + Construction and Photonic ICs. Strongest rotation to watch: power/grid names dragging in alongside the semi complex. By: @TradersLab_

PORTFOLIO UPDATE 5/21 $CRCL $APLD $AFRM $COHR $COHR $IBKR $TSLA $TSLA $MU $ARM $ARM $ARM $BE $BE $IBIT $CAT $NBIS $NBIS $NBIS Hey guys! Quick one tonight. Crazy day — biggest EC day of my career, and I think we treated it right. We anticipated this on the pullback, got more aggressive as the market dug into support, and today was the culmination. A little luck on the new merchandise too. Tape's clean and the trend just reconfirmed. Market picture Price is above a rising 21dma-structure and pressing new highs, and the MCSI hooked up today — breadth expansion regime and a reconfirmation of the trend, not just a bounce. Still not even short-term overbought, so there's room here. Credit Spreads followed through lower and VIX is cooperating. Internals printed a new low and a clean rejection of the 21dma-structure backtest today — exactly what you want confirming risk-on. Only laggard is BTC, still below its 21dma-structure. Everything else says go. QQQ is right up against the 714 base pivot. That's the one spot to respect — it's why I trimmed into strength EOD. If we chop here or build a higher low, I want to be in good position and not repeat recent pullback mistakes. So all in all: five pillars are lining up — risk-on, but I'm not chasing into that pivot. Trimming the extended stuff into strength, keeping powder for the right side. On my book: I was up at 20% open heat, so the EOD trims brought me back to a more reasonable 15%. None of this is a market call — it's risk management. I don't want a chop session turning into DD on names that already ran. Trimming the extended winners into strength is about not giving it back, then rotating that risk into better merchandise when the right side sets up. Only keeping CRCL & AFRM as NER for 0.87% — paying myself into the strength for mental, and if weakness or a stress-test hits, I'm in a posture to add, not puke. That's the key for me. Leaders are showing it during this transition — names like NBIS and APLD popped exactly when the tape needed real relative strength to confirm. That's the tell. Names holding their rising 21dma-structure and POPPING here are what I want; anything not showing it gets rotated. Good luck guys ✌️ Today's action: NEW: ADDED: TRIMMED: ARM, NBIS, APLD, BE, TSLA, COHR OUT: CAT (add)

@RealSimpleAriel Enjoy bud!!!

Made of safely 🇵🇷 Hope everyone had a safe trading session. Market leaders continue performing well! Let them work