Today in Focus: Relaxed Monday

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: Slight Red Open, Market Extended Short Term

Commentary: Slight gap down weakness this morning, recovered from open last night. I think we probably see some sideways action this week and a few shakeouts. The market has been super impressive. I’m not seeing a lot in terms of catalysts. The obvious one this morning is the Psychedelic stocks moving after Trump signed an executive order at the weekend related to them. I’m not overly convinced they’re going to really have a sustained move based on that and CMPS & ATAI are better names and charts so I’ve chosen to monitor those but ENVB and CMND look like the potential nanocap movers.

I don’t intend on taking much action today and will be monitoring my current holdings. Would love to see some buying kick in later in the day.

Current Positions: RVMD, DELL, SWBI, TH, NVDA, PL, RKLB, HOOD, BE, CRCL, CRML

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.}