Heads-up, everyone!
Just a quick note to let you know I’ll be on vacation from August 10 to 23. That means there will be no Daily Reports during that time — we’ll pick things back up on August 24.
Thanks for your understanding — looking forward to coming back recharged and ready to hit the markets with fresh energy. 🙌
Thought of the Day – Think in Portfolios, Not Just Positions
If there’s one habit that leveled me up the most, it’s this: I stopped thinking in stocks and started thinking in portfolios.
At first, it’s not natural. We’re so used to seeing charts, setups, tickers flying across our feed… everything’s about this stock or that setup. But that mindset keeps you stuck in the weeds. It blinds you to the bigger picture — and that’s where real consistency lives.
When you start tracking your portfolio as a whole, things shift. You begin focusing on what actually matters:
How much exposure do I have right now?
Where’s my capital concentrated?
How big is my average position?
What’s my new exposure risk today versus my secured gains?
Am I building cushion — or burning it?
What’s my open heat?
These metrics don’t just sound fancy — they’re what keep you grounded when emotions want to take over.
Trimming a name that’s extended isn’t about that stock. It’s about freeing up capital for something better. Taking a loss isn’t about failing — it’s about preserving your book. Adding size isn’t about confidence — it’s about having room to do it without blowing your heat.
It’s hard at first, especially when everyone’s hyped about stock picks and breakout alerts. But if you want to manage bigger money — whether it’s your own or someone else’s — you have to start thinking like a portfolio manager.
Zoom out. See the flow. Manage the machine.
Because when you stop fixating on one stock and start managing your system — that’s when things really start to click.
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MARKET ANALYSIS
Price above the rising 21dma-structure
Breadth hooked-down (MCSI downtrend but still > 10dma)
ST & MT breadth now showing potential lower high with today’s hook-down (followed through today)
VIX & Credit Spreads are showing 21dma-structure spike & rejection, so constructive action if we don’t reclaim.
TLMM Tend model on Pullback signal.
FOMC is behind, and the reaction is good so far, but we keep having that breadth divergence with breadth ext. and MCSI contracting. It keeps me cautious of engaging in this market up here, but at the same time, price didn’t give back structure, and VIX/CS are showing constructive action, so certainly a mixed bag. We should have more confirmation tomorrow if price follows breadth down, or the other way around.
Until then, I remain in observation until we get my market buying opp. Price into or reclaiming the 21dma-structure along an oversold breadth reading. We’re not there yet.
TLMM DASHBOARD NASDAQ (MODEL: PULLBACK)
MARKET INTERNALS
Downtrend below declining 21dma-structure. Retest and rejection attempt of the 21dma-structure…good action if we can confirm it tomorrow.
Downtrend below declining 21dma-structure. Retest and rejection attempt of the 21dma-structure…good action if we can confirm it tomorrow.
10Y Bond Yields (TNX)
Still in that giant multi-month base. Tight on the right side.
/BTC (Bitcoin)
Building a potential higher low in the 21dma-structure.
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Sector breakdowns, focus setups with alert levels, fresh scans, my latest portfolio moves, and a look at the week ahead.
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