Market Update - 1/26/2025
• likely going to go into a consolidation / pullback within this rally soon
• 80% invested, with top 4 names being the largest, have 8 stocks which is a bit too high, looking to cut weak ones next week
• hopefully we get a strong day early next week to sell into
• not a long list of setups, likely because everything worth buying has already broken out -> won't be chasing the trend, not looking to buy new positions, it's about managing risk now
• this week I started doubling down on the stocks that were acting well, so far it's been working out nicely
• 80% invested, with top 4 names being the largest, have 8 stocks which is a bit too high, looking to cut weak ones next week
• hopefully we get a strong day early next week to sell into
• not a long list of setups, likely because everything worth buying has already broken out -> won't be chasing the trend, not looking to buy new positions, it's about managing risk now
• this week I started doubling down on the stocks that were acting well, so far it's been working out nicely
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.