Sleep: 6/10
- Ate last meal a little later than wanted but still got to bed at good time
- Fell asleep rel quickly, doing military technique def helps
- Goal is to wake up feeling refreshed
Market Summary:
- So we are rel flat overnight with still decent extensions (not so extended to short, but tough to buy)
- Do not have good R/R on new longs but
- IWM needs to clear 178
- PCE has come in light giving Fed some breathing room ---> Initiatil Pop and pullback, surprised not enough
1. PCE Results
- M/M: 0.3% vs 0.4%
- Y/Y: 4.6% vs 4.7%
2. Personal Income
- M/M: 0.3% vs 0.2%
- Y/Y:
- Watch High and Lows of PCE Number, STT in white which helps a little
$RUM - Rumble - Software - Tech
- Earnings 6/10 - EPS Miss, Rev Beat, No guiadance
- MC 2.65B, ATR 0.5, AV 1m, SI 13%
Plan: Breakaway Gap vs $10 or through 10.50 (less ideal) (2ATR Ext)
What happened
- Rewatch:
- I just got in too late
- Rule should have been if less than 10 cents risk I can get in 400 shares if not I cannot
- Real trade is if pulls in
- Just late on this cuz did not have plan for how much to take
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-03-31 09:30:11 | RUM | buy | $10.240 | long |
2023-03-31 09:30:11 | RUM | buy | $10.250 | long |
2023-03-31 09:30:11 | RUM | buy | $10.240 | long |
2023-03-31 09:30:11 | RUM | buy | $10.249 | long |
2023-03-31 09:30:11 | RUM | buy | $10.249 | long |
2023-03-31 09:34:25 | RUM | sell | $9.930 | long |
2023-03-31 09:34:25 | RUM | sell | $9.940 | long |
2023-03-31 09:34:25 | RUM | sell | $9.930 | long |
2023-03-31 09:34:25 | RUM | sell | $9.960 | long |
2023-03-31 09:34:25 | RUM | sell | $9.920 | 0 |
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Looks pretty extended into the gap up, better probability fading it.