Tarman

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$ELF Nice OD/ID here. Strong stock, could push to 125 easy I think

$ZCSH This is a solid set up. If it is going to go higher, it will be soon. Watch out for the drift of death lower.

$CRWD This looks okay for a long here. It has been showing some strength as $CIBR gets beat up. If it loses the 50ma all bets are off

Here is my watchlist for tomorrow: $FRO $BE $AXTI $ZCSH $CRWD $NAIL $ELF $MSFT $SOFI

A lot of chatter today about the market bouncing, especially after the mid terms get behind us. If I had a nickel for every time I have seen post-midterm bullish seasonality, I would be rich. Some of the fades I watch also started talking about shorting today, and getting bearish. So maybe a good time to pull back on new short trades, at least for maybe this week. Implied correlations are nicely elevated for a bullish move here. Kell cycle has moved into Consolidation after a push lower, waiting for next break lower. Breakout follow through and stop rates are really bad, its a tough environment out there for breakout/momentum traders. Best case scenario is we get a gap down tomorrow. But with $AMD earnings looking good, a gap up may be on the menu, which makes it harder to get into any longs. Need an intraday pullback. $FRO, $BE, and $AXTI are potential shorts. The rest of the names are potential longs. $MSFT, $CRWD, and $ELF are probably my favorites. Here is my watchlist for tomorrow: $FRO $BE $AXTI $ZCSH $CRWD $NAIL $ELF $MSFT $SOFI

$LIFE and $IBTA are two interesting gappers today to watch. Both have large short floats. $IBTA is thinner, so I would prefer $LIFE.

$SNPS Do I want to take a long tomorrow? Not really, but this is showing nice strength

$FRO If this could pop tomorrow, I would be interested in shorting

Here is my watchlist for tomorrow: $FRO $MSFT $SNPS $BSP

Getting ugly out there. Really surprised we had that pop this morning, but thankful it let me get short $IWM. This is obviously not the spot you want to short. Also not the spot you want to long either, so its a good time to just watch and see where strength is, like $LLY, $ICE, and some software and genomics. Vix gave a buy signal today, meaning bullish for the market. Implied correlations are well out of booby trap zone. VIX curve keeps flirting with going negative, but doesn't. Lots of news signals out there with mid terms. It is just whacky right now. The only set up I am kind of eye balling is a short in $FRO if we get a pop back. I have been trying to short this stock for awhile and not having success. $SNPS and $BSP look decently bullish. $MSFT I am watching kind of as a market gauge. If that thing keeps falling, not a good sign. Here is my watchlist for tomorrow: $FRO $MSFT $SNPS $BSP

$MSFT This is sitting on some great support here. Might be buyable. If it loses this 510ish level, not a great sign for the market

$OCTV This is pretty thin, but it is just drifting higher. Maybe a stop run would give a good entry, around the 20MA would be perfect

$FIVN This stock is showing great relative strength. Maybe need to wait until the market gets stronger, but I don't see how this doesn't make new highs

Here is my watchlist for tomorrow: $TDOC $ORCL $MSFT $FIVN $OCTV

What a Friday. I covered a ton of shorts. Wish I had more on from Thursday, but it is what it is. I was actually surprised at how much we rallied end of day. Volatility and implied correlations fell of super hard. I don't think that is necessarily a good sign. Predominant sentiment this weekend seems to be that we are going to get a gap down, but everyone thinks that so actually it'll be a gap up. Funnily enough I don't see many calling for an actual gap down. So maybe...a gap down lol. Positioning didn't change much. Dumb money still super long the Qs. They also got more long the other three indexes which isn't a great sign. Vix curve is sitting right on neutral, could go either way here. Set up wise, I am open to exploring some longs here. In particular there are some names showing good RS, like $OCTV, $FIVN, and maybe $MSFT. $ORCL is shorted by Dan Nathan, so I will continue looking for strength there. I think short sales need a reset. I am already short enough, I will just let those work. Here is my watchlist for tomorrow: $TDOC $ORCL $MSFT $FIVN $OCTV

not the greatest gapper, but $AZN has some qualities to it that are favorable

$SNPS One of the stronger software names. A bit slow, but a pullback into the AVWAP would be nice

$ORCL If I take a long tomorrow, it will probably be this

$TDOC With a gap down tomorrow, if this can get up through its close today, would be a nice buy