Tarman

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The question is, why is the urgency there in the first place? If urgency were never rewarded, it would never develop. What is the urgency serving?

$BB This keeps butting its head against that orange line, will it finally go here?

$TTAN This looks really good

$DXC If market has a FTD, I don't know how this doesn't do well

Here is my watchlist for tomorrow: $ANET $GE $PTON $BB $TOST $MSFT $DXC $CAKE $ACN $TTAN

Pretty much a do nothing, choppy day. If you got bullish, they sold it off. If you got bearish, they ripped it higher. Tomorrow is the first chance for a FTD, but we may just continue to chop here. I also think short sales may start to work here over the next days if we are heading lower. Some of these really weak stocks may start on their next legs lower. Lots of people talking about buying NVDA. This isn't a terrible price, but you may be in for a long wait. There are lots of better places to put your money. Nothing really going on in the SA. Everything is pretty middle of the road. Volume may be lower tomorrow for Veteran's day. Set up wise, there are some names I am watching. $ANET and $GE are shorts I am looking at, probably won't take them though. These other stocks are longs. I like $DXC, it is strong and has a lot of tight days. $TTAN also nicely tight and strong. $BB may finally break out of this consolidation. Here is my watchlist for tomorrow: $ANET $GE $PTON $BB $TOST $MSFT $DXC $CAKE $ACN $TTAN

$SENS, $RLGT, and $EMBJ are gappers worth watching, but they are so thin, probably very tough to play

$XYZ A nice flush to the 5MA would be buyable

Some relative strength names: $MSFT $BB $SPOT $FIVE $TEM $TOST $ELF $LLY $NTSK $TSLA $OLLI $TTAN $CHYM $XYZ

Pretty damn strong day. Any last shorts were probably blown out. The trade to take today and Friday was just to buy the open in the most beat up stocks. Shorting got run over. Long follow through was amazing today off Friday breakouts. Is this a short squeeze and we roll back over? Or is the selling done? Impossible to tell yet. I have a few longs which are working okay. Possible follow through day on Wednesday. I am still seeing a lot of complacency and anticipating a V bottom. I actually saw some FOMO today as well, which is kind of wild. The pros are saying the market still has to prove itself. So just that may be enough to keep the bid in the market, as lots listen to the pros and keep their money on the sidelines. I don't really have stocks to buy or sell at the moment. I have some relative strength stocks I am watching, but they aren't set ups yet. Some relative strength names: $MSFT $BB $SPOT $FIVE $TEM $TOST $ELF $LLY $NTSK $TSLA $OLLI $TTAN $CHYM $XYZ

$DCTH, $VFF, and $VIR are all options for gappers that have some interesting qualities. Maybe too thin

$MSFT Seems like this would be a good place to hide if we get further selling

$OLLI Not a bad little pattern here in $OLLI. Will I take it? Probably not

Here is my watchlist for tomorrow: $GE $MSFT $OLLI $TTAN $UVXY

I would like to start looking for mean reversion longs, but I am a bit worried about this market. Korea is putting out short selling bans. People are calling for a V bottom and banks are saying this is a good time to buy. The complacency is not giving me good vibes here for longs any time soon. CTAs are also selling this week in all different tapes. We got a little pop on Friday, but the action is not healthy. Selling comes in, but as soon as it stops, they are just buying it right back. It is like they haven't learned their lesson to stop buying the dip. Not only that, but the Fed hasn't said anything. The administration hasn't said anything. No one is stepping in to forestall further selling in the AI space. Are they still raising rates in December?! Positioning hasn't changed much. Overall, dumb money is getting more long across the indexes. They did sell a bit in the Qs, and it appears they have covered their shorts in the IWM, which is a good sign I suppose. VIX curve popped back nicely Friday, but is still in the danger zone. Implied correlations are elevated and looking bullish, but they could blow out a lot more. Overall, unless you are a short seller, day trader, or love learning about markets, its a good idea to go on vacation for a couple weeks. Set up wise, I am watching a few things that are holding up well. There really isn't a whole lot to do. It seems like healthcare stocks are holding up well. Apparel stores too. But if the market heads lower, everything is going to head lower Here is my watchlist for tomorrow: $GE $MSFT $OLLI $TTAN $UVXY

$ABNB is a decent gapper, not great but not bad

$ARDT Very thin, but maybe a chance for an HVC tomorrow

$GE A pop into the 200MA would be a good short spot

$MDLN This is a bit choppy, but it has potential, and is in a good group

Here is my watchlist for tomorrow: $ARDT $ZCSH $MDLN $PACS $CVNA $GE