SPY quick summary and watch list break down

In this video, I break down the current SPY setup with a quick summary of where I believe the market stands.

Then I go over a few stocks from my watchlist, some of which I’m currently invested in:

JD: Took a loss here, not every trade works out, and that’s part of the process.

PAM: I could’ve added to the trade, but I chose to wait for a potential pullback to get a better entry.

EXEL: Currently overextended, so I’m expecting a deeper pullback before considering any new position.

I also opened two new trades:

BSX: Broke out of a flag on Friday, ideally, I should’ve entered then, but since price was still in range today, I took the entry.

CPRX: Similar setup and timing. I managed to enter at a level still close to Friday’s breakout.

As of now, the general market remains strong, and I’ll continue trading with that momentum in mind.

Quick note: Apologies, I only had about 20 minutes to record, and I didn’t realize I was running out of time. At the end, I briefly shared my stock selection process, which is based on:

Weekly chart proximity to the 10 EMA,

Followed by daily price action analysis to determine entries and validate the setup.

Thanks for watching, hope you enjoy the video and get some value from it!