Alex's daily Market update & Focuslist (paid)

Market update & Focuslist - 08/28

Evening Market Update & Strategic Insights

Aug 29, 2025

∙ Paid

Thought of the day - Two kinds of patience traders forget

Most people hear “be patient” and think wait longer to buy. That’s only half the job. Real patience has two roles:

1) Patience before a trade

It’s the discipline to let your watchlist mature until the structure is in place—trend intact, RS leading, liquidity clean, and a sane entry (often near the 21-DMA), where risk is definable. If one piece is missing, we don’t “be creative,” we pass. Every forced click taxes future focus.

2) Patience after a trade

Once we’re in, patience becomes non-interference. We accept the risk we sized for and let the position breathe through normal pullbacks. We trim into extension (ATR/RS spikes), not into every wobble. We react to invalidation, not discomfort.

The bridge between the two is clarity:

Plan the thesis (why here, why now, where it’s wrong).
Pre-commit stops to structure, not nerves.
Manage exposure bands, not individual feelings.
Recycle capital from extended names into fresh bases; don’t scalp your leaders to feel “active.”

In our room, we joke about Patient Panda 🐼, but it’s serious. Panda isn’t passive—it’s selective. It means we can sit through the boring middle of a trend without inventing tops at every lower high. It means we’re fine being inactive when the edge isn’t present, because doing nothing is a decision with positive expectancy.

Most traders try to win the day. Pros try to own the tape that fits their playbook and ignore the rest. The edge isn’t in louder alerts; it’s in fewer, clearer decisions—before and after the click.

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MARKET ANALYSIS

MCO hook-up follow-through
MCSI super close to hook-up and confirm that new uptrend attempt.
Breadth hooked-up
QQQE follow-through on daily reversal and now above 21dma-structure. good.
Market Internals look very good.

Price confirming a new uptrend attempt, but breadth is not yet, as we need to see MCSI hooking-up and starting to trend higher. We need the wind at our back, and until breadth expends, that’s not what we have YET.

Let’s see how we close the week - but so far it looks good.