Traders,

Last week I came out with 3 trade ideas that I was going to put on and all of them so far are in play still.

The one that I was hot on, and which had a HUGE MOVE into the target lower was $AMD ( ▲ 1.71% ) - I laid out the plan for a big sell off to start the week with you all last week and we got it plus some.

Sure, it rallied, but the play was to catch that quick check back after the week prior run up.

Sometimes stuff like this is blatantly obvious and of course it rallied, that was the plan, after the sell off but when you get a $20 gap down on Tuesday as well….then you just cash in.

I know people like to talk about the Straight of Hormuz and the $SPY ( ▲ 0.28% ) all time high but I’d rather execute on trade setups and we’ve done a good job of that the last few letters.

This week I have one new idea that I think can run +10% or so in the coming and then an update to the two other trades I am in from last week.