Continuing the same buy the dips, sell the rips. Keeping take-profits tight for the CPI number tomorrow.
I started using the Healthcare model yesterday and got into a couple of names, including TMO which is at the top of the list today. There is also more healthcare overall in the Top 20 than yesterday. The sector looks pretty good too.
Have to be careful with CPI tomorrow. Currently only sitting about 33% long. Will probably end the day below 50% again going into the print.
MU and SNDK I’m still holding and trading the intraday volatility. Medium term I think they end up higher. Still have massive earnings and tailwind. Although, they may not make it back to ATH anytime soon.
As usual, I normally have two or more take profits for each trade. Keeping them tight today and ideally hit some and raise cash throughout the day.
Image is today’s Top Picks – A combination of SPY-equivalent, Tech 100, and Healthcare. They are all based on models target 3-5 day moves higher.
