Today in Focus: Early Weekend

Trading Services I Use in my Trading:

StockAnalysis.com - I’ve been using Stock Analysis as an affordable but reliable method of looking at New and Upcoming IPOs, Earnings Calendars and most notably KPIs (Key Performance Indicators). Stock Analysis allows you to view the KPIs for many companies with up to date metrics and segments that you can cross reference against Earnings Results. This is incredibly important when understanding what metrics move a stock. At $65 per year it’s a no brainer. They’ve given me a discount code if you use IRISHBORNINVESTOR they will give you another 10% Off.

Market Condition: Strong Gap Down Day, Pullback

Commentary: First signs up a pullback today. Nice strong gap down in the market. This needed to happen so lets see if buyers step in quick or we get a few days down. I’m going to be patient. I have good positions with plenty of padding (for the most part).

No need to be diving into news risk here. If I had to trade today then GEMI looks reasonable with high short interest and Winklevoss Twins essentially bailing the company out so the catalyst for me is a removal of bankruptcy risk. FIG may also work too but strong results despite very negative sentiment. Neither chart blows my mind but they have the recent IPO + on their side so they can turn up easier than a stock that’s been around years. SLE is a nanocap that’s pumping on earnings.

Patience, sticking with stops. Enjoy the weekend. Less is more here. Time to go outside an touch some grass after an non stop run in the markets. Finally we see a breather.

Current Positions: MRAM, BW, SBUX, AAPL, NVDA, GOOG, BAND, BE, AKAM, TWLO, DELL, TH, INOD, CMPS, NBIS, VELO, SQQQ

Delayed Reaction Watchlist (TradingView Link)

_{Note: This is my methodology for identifying stocks in play. There are many valid approaches to trading catalysts—find the setups, timeframes, and risk parameters that align with your strategy.}