Jun 23 – Jun 27, 2025
Nick SchmidtJune 29, 2025SPY+3.47%QQQ+4.04%
Bought SMCI on Monday. Despite a bad close and likely being stopped out the next day it's a setup I'd take over and over again. Stop was 5.9% away. Closest we've ever closed to a set stop and it somehow held.
PLTR didn't break any structure yet, still above the 10-week, but the action was awful and its momentum looks over for a bit. Likely going to cut it this week. META really starting to move, will probably move stops up below the recent consolidation. NVDA already tossed pre-earnings earlier.
Still long half of QUBT from the original position.
SMCI started Monday. NVDA already sold pre-earnings. PLTR likely being cut next week.
Bought SMCI. Bad close but the setup is one I'd take over and over.
Sold NVDA ahead of earnings. Didn't have cushion.