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The Prime Report - 10/21

Evening Market Update & Strategic Insights

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Alex
Oct 22, 2025
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NO PRIME REPORT TOMORROW 10/22


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MARKET ANALYSIS

Good evening,

  • Price uptrend above rising 21dma-structure. (New closing ATH)

  • MCSI uptrend above the 10dma.

  • Breadth extensions are getting pretty VST overbought, look for potential stress-test.

  • TLMM Model = Uptrend

With the price above a rising daily structure and MCSI in an uptrend above the 10-day moving average, I’m back in a mode where I don’t want to overanalyze the market and just manage my exposure based on each position’s action.

That section will be quieter again, unless red flags start to develop.

TLMM DASHBOARD NASDAQ


MARKET INTERNALS

Credit Spreads (SHY/HYG)

Finding support in the 21dma-structure again… we don’t want this to bounce from here.

VIX (Volatility S&P 500)

Support at the recent structure area… we don’t want this to bounce from here.

/BTC (Bitcoin)

Downtrend below a declining 21dma-structure.


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)

PLTR, RKLB, HOOD, AMD, MU, CLS, VRT, WBD, WDC, OKLO, LRCX, KLAC, SNOW, NBIS, SHOP, CRDO, INTC, RBLX, AMAT, GM, TSM, TER, ASTS, AVGO, SMCI, ARM, DELL, MP, DDOG, ANET, TEM, STX, MDB, EBAY, TSLA, HUM, NEM, CCL, JOBY, CEG, CVNA, IONQ, DAL, DASH, AEM, NU, GEV, APP, HPE, SMR

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

ASTS, SMCI, DELL, CCL, JOBY, CEG, DASH, HPE, CRWV, UAL

Episodic Pivot scan (Potential new Leaders)

GM


PORTFOLIO UPDATE

Hey guys!

Not great feedback on new buy attempts today, at -0.67%ec, but overall the PF is holding very well, and apart from MP closing below the 21dma-structure, I have no reasons to adjust more exposure. CRDO will remain in FL, but I had to close to bring down NER in the 2% area.

New exposure from the last few days is green and acting well. SMCI, DELL, SNOW, CRWD, PLTR. So, trusting QQQE making a new ATH close, MCSI pushing higher above the 10-day moving average, and CS/VIX cooling off. “Trusting the trend” and being patient with my exposure, while minimizing new exposure risk.

NER is at -2.20%, with a -6.1% Open Heat and +7.61% Secured Profits on this cycle.

Cheers, HAGN!

  • NEW:

  • ADDED:

  • TRIMMED:

  • INTRADAY ATTEMPTS: OKLO (add), CRDO

  • OUT: MP

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FOCUSLIST 10/21

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