Thought of the day
One of the few cheat codes in position & swing trading is having a real cushion in your portfolio and in your winners.
A cushion changes everything. It gives you breathing room when the market chops, confidence to sit through normal pullbacks, and patience to let trends mature.
Without it, every tick against you feels like a threat. With it, you finally trade from a position of strength instead of fear.
PrimeTrading is an equity SWING trading community to learn & trade alongside experienced traders. It's like sneaking into a trader's POD, where you can see us execute & discuss...but in ours, you can also interact and ask questions.
I would have killed for such an opportunity when I started trading! 🔥
Education & mentoring from Alex & experienced traders. (10 Experienced Traders team)
See how I execute intraday while I share all my trades with explanations live.
Alex's daily market commentary, Portfolio updates, trade explanations, and daily FocusList.
Share & Discuss potential trade ideas with an amazing, like-minded community.
Talk Sectors, Macro Economy, Cryptocurrencies & much more!
Talk about mental game & psychology to evolve as a trader!
Live trading and Q&A live sessions 2x week.
Trade & learn with us, from Novice to Expert!
Cheers, Alex 🛡️✌️
MARKET ANALYSIS
Good evening,
Price above rising 21dma-structure.
MCSI hooked down today - we need to see if selling pick up or simply a short PB and flat MCSI.
Breadth extensions hooked down today - still flat and in that recent range.
TLMM Model = Pullback
The recent move didn’t go far with already a MCSI hook-down today. Price continues to build constructively, but we might have to retest the 21dma-structure or fill that gap on QQQE. I’m mentally preparing myself for potentially some more weakness tomorrow, but from there, we’ll have to see how we react to the support structure below.
The price remains in a daily and weekly uptrend above rising structures, so despite the breadth contracting, I only treat this as a constructive and healthy pullback/digestion. Until price or my positions confirm otherwise.
Cheers,
TLMM DASHBOARD NASDAQ
MARKET INTERNALS
Below daily+weekly structures. Good!
21dma-structure reclaim - need to watch this tomorrow.
/BTC (Bitcoin)
Nice support on that higher low today, and it still builds that potential higher low in the weekly-structure, with a inverted H&S look to it. It’s setting up well and we have a setup on the 21dma-structure reclaim.
SECTORS & THEMES
Top 10 Leading THEMES - Relative Strength RANK sorted (W/ Leading & Setting up Stocks)
Top 10 Leading SECTORS - Relative Strength RANK sorted (W/ Leading & Setting up Stocks)
LEADERS STALKLIST
Liquid Leaders Universe (top RS)
IONQ, NBIS, APP, HOOD, WDC, PLTR, STX, CLS, TSM, TPR, MU, LRCX, WBD, CRDO, GLW, MP, RBLX, B, HPE, INTC, ORCL, AVGO, MDB, AMAT, CEG, GEV, VRT, TSLA, NVDA, ASTS, SHOP, RDDT, ANET, CRWV, TER, HCA, CVNA, VST, DASH, SE, UBER, SNOW, COHR, CRWD, RIVN, CDNS, CCL, JOBY, HIMS, SPOT, DELL, AFRM, RCL, AMD, FSLR, UAL
Liquid Leaders RS Heat Map
A quick visual of daily Relative Strength vs SPY, helping you spot which stocks are leading or lagging on any given day.
That WL is shared as a community WL that you can access in Tlab.
Liquid Leaders DAILY-structure Pullback scan
CRDO, RBLX, AVGO, GEV, ANET, CVNA, SE, UBER, SNOW, COHR
Liquid Leaders WEEKLY-structure Pullback scan
MP, RBLX, GEV, VRT, NVDA, RDDT, ANET, IBKR, CVNA, VST, DASH, SE, UBER, SNOW, COHR, CDNS, HIMS, SPOT, DELL, AFRM, RCL, AMD, UAL
Episodic Pivot scan (Potential new Leaders)
LAC
PORTFOLIO UPDATE
Hey guys!
The market weakness continue with the 2nd day of that still constructive and healthy pullback. We are starting to see some leading names breaking their 21dma-structure, so that’s something to watch in the next few days.
NQ held the recent swing high & reversal pivot on the retest, and QQQE still building that tight range at the July’s high base area. So far we need to assume that market is digesting recent run up. On the flip side, MCSI hooked back down today, proving that this early rally was not very strong still and after only 2 red days we’re back in a contracting breadth market. For that reason, I decided to close some new positions and get off margin to manage my Open Risk. I’ll keep these names close to push back up exposure if the market stabilize in the next few days.
NER down at -1% with a -13% Open Heat and +4.16% Secured Profits on this cycle.
NEW:
ADDED:
TRIMMED:
INTRADAY ATTEMPTS: NVDA
OUT: RKLB (add), IBKR
POSITIONS/TRADES LIVE EXPLANATIONS REVIEW (Shared live in Discord):
Try TradersLab.io — your faster research workflow.
Build your plan in minutes with top-down market dashboards, sector/money-flow views, and screeners that drill down to leading stocks—all in one platform.
It’s the same set of TradersLab scans I use to build my Focuslist, now in an app built for every swing or position trader’s daily routine.
Open the app → TradersLab.io
Try it 1-month FREE with the code “TRIAL”.
Want to keep reading The Prime Report? Subscribe down below to see what my game plan and top ideas are for tomorrow.
See you there!
FOCUSLIST…
Keep reading with a 7-day free trial
Subscribe to PrimeTrading to keep reading this post and get 7 days of free access to the full post archives.