Yesterday when I wrote about how time in positions is more important than profits I didn’t know that we would have a follow through day with NVDA like today. As an investor I find swing trading as my sweet spot. Find a trend, ride that trend. As a day trader it’s P.A.T. that works for me, P.A.T. means Price Action Trading. Price, price only and nothing but the price. It’s either moving or it’s not. There’s no discussion, or waste of time, trying to figure out why not. That’s a weakness that will hold you back. Not allowing that into their thoughts is the discipline money makers in the markets all have. And for those that implement that discipline it often serves them well.

Right now tech stocks are booming, no secret there. I don’t ever talk about new highs in SPY or anything else unless it’s a major milestone because I know that you are already getting that information from other sources. So I focus on investing / trading methods, ideas and techniques.

By now your probably as shocked as me that this giant tech run hasn’t taken a bigger breather. Currently there’s no end in sight for NVDA…I don’t wake up each day planning to talk about NVDA but as always we follow the leaders. For some self prescribed / research / homework I went all the way out until DEC 18, 2026…… Yes that is not a typo… DEC 18, 2026 and found even with all of that time, Options buyers are playing NVDA all the way until there. For the record I am not a fan of one stock carrying the market. More movers would make a stronger market, but we go where the money is.

The biggest buyers today went all the way out until JUL 2025… For those of you that are familiar with Options how do you spell LEAPS? 🙂 At this point if one does take additional entries it might be wise to start with Verticals for any downside protection. Today I added more to my positions and am implementing weekly Calendar Spreads for weekly income off of the core positions I already hold. That puts me on auto pilot while collecting premium each week.

If I was only able to buy common here I would wait on pullbacks or breakouts from well defined bases. Pullbacks can and do occur and are often healthy for entry points. Trade Management is still the name of the game. Set your stops, and honor them. And how far will this rocket ship continue to go? Only time will tell.

Invest wisely, live charitably and be well

Brother Bill

DISCLAIMER: All content provided in this newsletter, blog, webinar, video, chart, communication is for Educational and Entertainment purposes only. Nothing included or mentioned is meant to be construed or used as trading / investment / financial advice. Trading / investing carries risk of loss, losses can and do occur. NO recording aloud…Know your risk and risk of loss before taking on any financial endeavors. Past performance is NOT a guarantee of future success. I am NOT a licensed or registered financial advisor or tax accountant. Prior to making any trading / investing /  financial decisions you should always consult with your licensed and registered financial advisor and tax accountant. There are no recommendations or solicitations  to buy, sell or hold any stock, future, options or bonds or any other financial entity in this newsletter. Nor are there any recommendations on any type or way or method to trade / invest. You do not have permission to redistribute this newsletter without my written permission first.