Thursday, April 3, 2025 – Tariff news hit, and the market’s buying it for now. MAGS is pushing higher in after-hours, possibly targeting that next anchor, but it’s still early—anything can happen overnight. I'm mostly staying in cash and waiting for confirmation. LUV: no change, still holding a small call position. CTRA could be interesting above today’s high with a stop under today’s low. ADT worked well if you sold near daily R2; keep stops tight now. IPOs like CRWV and WTF? Total implosions—don’t chase hype. Names like ABBT, CPRX, AR, and CRK look constructive but still need time. Energy plays like IHS and KMI holding up; if you're in, trail your stops. Uber and WAY may be setting up, but not yet actionable. Big picture: 20- and 50-day MAs are still declining. This is not a swing trade market yet—stay nimble.
