Today in Focus: TACO Sauce

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: Huge Gap Up to 200MA, VIX Down

Commentary: My T2108 plan has been foiled by the Donald’s morning TACO. Huge gap up here this morning. Everything in the market is correlated. I don’t see any individual catalysts that I am interested in. I’m still holding a lot of positions long so I am content to manage those here and not chase.

I’m looking at the VIX today. I want to see that close at the lows. I doubt the volatility is over and we will likely see more whipsaw action this week. Let’s see if Trump can follow through on this TACO and get himself out of the current debacle.

Caution chasing this move too quickly. If we’ve turned here there will be a ton of opportunities. Remember everything is correlated today.

Upcoming Earnings:
Today AMC: ABVX

Tomorrow BMO: HSAI

Current Positions: FSLY, DELL, SWBI, NKTR, YOU, CRCL, MRVL, AMPX, RLMD, NIO, NBIS, SEI, FIVE

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.}