Flow State #87

Welcome back everyone!

Hopefully, you enjoyed a nice weekend without having to focus on the markets. Everyone is aware of the unfortunate news regarding Trump, which I will not be discussing further. I shared some thoughts on X regarding DJT stock, and that is all I will be addressing on this matter.

Before moving on, I want to highlight the success of the long-term swing on TSLA. As noted in the "Long-term Swing" section below, TSLA was added at 140 and is now trading at 260, only 20 points away from a 100% increase in less than a year. If you used LEAP contracts, your gains would be significantly higher, but I opted for common shares. Another stock positioned for a substantial move was covered in the swing section, this time using LEAP contracts. This demonstrates the ability to provide value for intraday traders as well as swing traders and investors. Each trader has a unique approach, and my goal is to teach strategies for all timeframes. Even if you primarily day trade, it is crucial to have investments or swings working in the background as a safety net. Cash sitting idle in your trading account loses value due to inflation, so it's essential to find ways to mitigate this decline.

Now, let's turn to what we have in store for this week, which is detailed in the sections below.

In terms of upcoming events, there is not much to cover except for Powell's speech and an update to the Retail Sales MoM. The market's main focus is on CPI, PPI, and unemployment data. There's no need to spend extra time on other releases until we start seeing increased volatility. Additionally, many companies are due to report earnings this week, which will impact not only individual stocks but also the indices. For free subscribers, I will not cover all stocks reporting each day, only those I have a thorough understanding of.

See you all in chat tomorrow!