Wednesday, April 2, 2025 - Markets are bouncing, including MAGS, but mixed signals persist. We're seeing moves back toward prior anchors, but with declining 5-day MAs, trust is low. Names like NVIDIA and Tesla are showing tradable bounces, but it's not the time to chase. LUV is a lesson in sticking to rules — I averaged into May calls based on fundamentals, and I’m paying for it. CTRA, ADT, and D are on radar for potential setups, but patience is key. Small size, tight stops, and risk management rule the day. Merck looks weak, possibly ready to break lower, and Qualcomm remains non-compelling. IPOs like CoreWave are offering solid day trade setups, but overall, swing trades still aren’t favored in this environment.
