Maybe it was fatigue maybe it was looking at wrong names today but never really felt like I got in the “zone” I have been in for the last few weeks. I recognized it about mid day and drastically adjusted size downward because I knew the trades were not working out. This is something that usually takes me a week of loses to catch myself on but today I just went straight down in size by about 5x what I have been. Either way there seemed (at least on my end) to be MUCH less action in the lower priced names than usual so will only trade those if the volume returns.

We are right at the start of summer so I will probably be very selective at least until I feel myself hit the zone again. On to the list for tomorrow.

NCLH – Smacked hard after hours on another delay of sailings until Oct 1. I think this is a bit overdone as far as the move goes but will trade the reaction either way tomorrow. I am thinking washout and long if the market is anything stable on the day.

RCL – Similar plan as above. I think most won’t be sailing until 2021 anyways so the news on NCLH is kind of a “no big deal” to me.

DAL – Washout long in the am provided SPY isn’t getting smacked.

AAL – Same idea as above.

NET – Big daily and still holding my $17s that I will likely never sell unless we get a SHOP style move on this one. Nice consolidation day on the breakout but if we clear $32s in the am will look to join with calls and stock.

MARA – Not taking off radar as Bitcoin can move at any time.

RIOT – Same idea as MARA so staying familiar with it.

ABMC – Great alert on this in the room by a member. Great .50 breakout and thin as well. Will watch for any morning weakness as well. Ideally we get an inside day tomorrow  and then clear .70s Thursday.

TSOI – Looking to add anything sub .008 pretty hard for the swing.