Good morning Pete,

Could you comment on LYV as a mechanical trade.

Good morning Pete,

Long #HII

Market – Bullish Momentum inside the range.

INDUSTRIALS |Aerospace & Defense – Top Industry Group | XLI in correlation with SPY.

Valid Mechanical Setup.

50SMA sloping upward.

ENTRY 227.96 SL 224.19 R 3.77 | ATR 5.32

IPT 239.27 Reward $11.31 (3 to 1) | ATM $8

50% Size trade.

Peers: GD LMT NOC BA TXT LHX BWXT HEI KTOS |…

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Good morning Pete,

Long #SMTC

Market – Bullish Momentum inside the range.

Technology |Semiconductors – Top Industry Group | XLK correlation with SPY.

Bullish inD with low volume. | Following a Bullish U-Turn at the end of 9-days pullback.

M/W/D in sinch

20SMA above 50SMA which is flat though.

ENTRY 37.97 SL 35.65 R 2.28 | ATR 2.05

IPT 44.81 Reward…

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Hi Pete,

When institutions like BMO Capital, Citgroup, Jeffries and others post and upgrade for a stock, and they set the “Target Price”; what do they mean. Is that the price they expect to start a distribution? Or is it something in other context not relevant to trading. I do not want to make my search process more complex, just wonder.

Thanks

Good morning Pete,

Long #NRG

Market Ranging | Moderate Bullish Momentum

Utilities |Independent Power Producers | XLU Relative Strength to SPY.

Bullish inD with low volume. | 8-days pause near ATH.

M/D in sinch | Weekly trend red for the pullback.

MA’s in good order and Harmony.

ENTRY 157.17 SL 154.85 R 2.32 | ATR 5.24

IPT 164.12 Reward $6.95 (3 to 1)…

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Good morning Pete,

Long #VRT

Market Bullish

Industrials |Electrical Equipment and Parts. | XLI correlates with SPY.

Bullish inD with low volume. | 8-days low volume pullback.

MWD in sinch.

MA’s in good order and Harmony.

ENTRY 110.48 SL 106.09 R 4.39 | ATR 4.80

Add 120.08 | IPT 123.65 Reward $13.17 (3 to 1) | ATM $13.25

Good potential profits…

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Good morning Pete.

Long #PRCT

Market Bullish

Healthcare | Medical Devices top industry group monthly and YTD. | In harmony.

inD | 2-days pause with low volume.

MWD in sinch.

10 and 20SMA sloping upward. 50 SMA flat.

ENTRY 60.19 SL 57.19 R 2.99 | ATR 2.93

IPT 69.16 Reward $8.98 (3 to 1) | ATM $8

Broke with bullish energy one month consolidation range…

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Good morning Pete,

Long #CAT

Market Bullish|Potential sideways range.

Industrials |Farm & Heavy Construction Machinery in harmony.

inD | 4-days pause with low volume’

Weekly red melted candle.

10 and 20SMA sloping upward. 50 SMA flat.

I’m using the previous day’s High price to calculate trade.

ENTRY 356.23 SL 346.69 R 9.38 | ATR 9.25

IPT 379.17…

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Hi Pete, I will not be able to attend the meeting. I will review it after the session.

In the preparation for the Game Plan. Is it a good practice to go over the Top Industry groups to look for ideas. Or is it better to go for the setups and optimal entries and, look for confirmation on the sectors and Industry groups.

Appreciate your comments.

Good morning Pete,

Long #ALAB

Market Bullish with potential pause.

Technology |Semiconductors in harmony.

inD | 2-days pause.

MWD in sinch.

Moving averages in harmony.

ENTRY 93.65 SL 87.99 R 5.65 | ATR 5.28

IPT 110.60 Reward $16.96 (3 to 1) | ATM $18

First Resistance level $110.80 just at my profit target. | After that, good room to go until $127 and…

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