Last week's review 👉🏻Market review + Position holdings (04/11-08/11 2024)
Market behavior this week:
$NASDAQ 100 Index (.NDX.US)$ And $S&P 500 Index (.SPX.US)$ Distribution on Thursday and Friday;
$Russell 2000 Index (.RUT.US)$ The dividend will be distributed on Wednesday.
rut>spx>ndx.
Except for the rise of RUT on Monday, the market has been in a downtrend for the rest of the week, reaching/nearing a stage peak on Friday; the three indices are currently trying to fill the previous gap, with NDX close to completion, while SPX and RUT still have a lot of gap space to fill. If this gap is not filled in the future, it will be a manifestation of strength; BTC continues to maintain its strength, biotechnology suddenly slaughtered, and semiconductors are on the verge of collapse.
Weekly Charts:
Three indexes are currently testing the consolidation area that broke through last week. The weekly chart still maintains an upward trend (as does the daily chart).
Breadth:
Still in the green, the back-and-forth battle has continued for nearly three weeks. Based on the readings from the past two months, the breadth's cyclical low points align perfectly with the market index's low points, mostly lasting around 3 days. Counting from November 15th, the 3 days fall on the 15th, 18th and 19th, coinciding with NVDA's earnings report on the 20th. It will be interesting to see how the market reacts to the results, which will have a significant impact on the medium-term and short-term trends.
Weekly notes...

Stan Weinstein's interview on Thursday; if you have read his book, you will know that he is a legendary mentor in terms of correcting basic stock market knowledge.
Youtube link👇
- YouTube

Sell:
$Viking Therapeutics (VKTX.US)$ (-0.3%) Fell below the stop-loss and exited on Monday, with the account losing 0.3%.
$LexinFintech (LX.US)$ (-0.005%) Fell below the buy price on Tuesday and exited, the account suffered a loss of 0.005%.
$PROCEPT BioRobotics (PRCT.US)$ (-0.3%) Bought at the peak on Monday, broke through the stop-loss on Wednesday, exited the position, and the account suffered a loss of 0.3%.
$Maplebear (CART.US)$ (-0.82%) On Wednesday, fell below the stop-loss, sold the remaining 1/2 position, account profit of 0.82%.
$Pitney Bowes (PBI.US)$ (-0.415%) On Thursday, the price fell below the original buy-in price, liquidated 2/3 of the position, account profit of 0.415%.
Trimming:
$GameStop (GME.US)$ (-1/3) After-hours on Monday, the price exceeded 3 times the stop-loss profit, reduced 1/3 of the position, leaving 2/3 of the position for free riding.
$Upstart (UPST.US)$ The price has risen by more than 100% since the original purchase on Monday, reducing the position by 1/6 and currently holding 1/2 of the position for continued free riding.
Addition: No new positions were added this week;
The above is all the trades for this week.
This week has already been managed...

$AST SpaceMobile (ASTS.US)$The upward trend from May 16 to September 5 this year👇
Focus on reviewing the amplitude of each pullback and the corresponding market performance during major events, while keeping an eye on your important moving averages.
"If you sell stocks too early when the market is hot, then you will need at least 10 years to retire. You will never be smarter than the 10/20-day moving average." - @Qullamaggie

Heavy reversal vol,  316.4 is my final exit for last swing. $GE Vernova (GEV.US)$

Last week review 👉🏻Market review + Holding positions (28/10-01/11 2024)
This week's market behavior:
$NASDAQ 100 Index (.NDX.US)$ And $S&P 500 Index (.SPX.US)$ Wednesday absorption of funds;
$Russell 2000 Index (.RUT.US)$ Absorbing funds on Wednesday and Friday.
rut>spx>ndx.
From the market feedback this week, Trump's victory is currently strongly endorsed by investors, and all three indexes have broken out of the previous consolidation range, heralding a new upward trend; however, SPX is still subject to speed limits on the chart, while RUT has given a lot of room to play, meanwhile, semiconductors are still overall weak.
Weekly Charts:
Here the situation can be seen more clearly, with more room for the RUT to perform, followed by the NDX (requires semiconductors), and the SPX having the smallest short-term space. However, we cannot rule out the market's long-term sustained overheated emotions (which has happened many times in history), everything needs to be based on real-time price feedback every week.
Breadth:
Stay green, gradually regaining strength this week.
Weekly notes:
This week within the system, the RS of PBI has been slightly downgraded.
Market Sentiment:
AAII's bullish sentiment recovered slightly this week, and next week, barring unforeseen circumstances, this value will lean more towards optimism.
The fear index has returned to greed, with SPX price branching out to extreme greed...

Clearance:
$NextNav (NN.US)$ Closed out 1/2 position on Monday at a price completion of the 'pendulum effect' and above 50MA 10ATR, with factors including parabolic rise, day of maximum trading volume during the rise, almost no consolidation during the extended rally, and approaching financial reports, resulting in a 2.44% profit in the account.
$Core Scientific (CORZ.US)$ Closed out the remaining 1/2 position as Monday closed below 30MA according to the plan, resulting in a 1.27% profit in the account.
$Eos Energy (EOSE.US)$ Closed out the remaining 2/3 position as Monday closed below 30MA according to the plan, resulting in a 0.85% profit in the account.
$GE Vernova (GEV.US)$ On Thursday, I sold half of the remaining position at a price exceeding 50 MA 10 ATR (+2.45%). Excessive extension was the main factor, ending a two-month ride, with a 2.45% profit in the account.
Reduction:
$NuScale Power (SMR.US)$ On Thursday, I reduced 1/6 of the position before the financial report, and raised the hard stop loss by 1/6. Currently, half of the position remains for a free ride.
$Tesla (TSLA.US)$ On Tuesday, it broke...