ApexOne @ApexOneTrading

Investment thesis in $ABNB. Biggest IPOs from '20, most below opening print, all below lifetime VPOC except ABNB. Comments from $UAL $AC.TO $MA $V all suggested travel demand for rest of '22. Big relative strength in travel names $EXPE $BKNG $MAR+ QT backdrop is still headwind

Canada looks ready to explode higher. Those Canadian banks are 🔥 $XIU cc: maple syrup sales are through the roof 🇨🇦@SantaXBT

Not a whole lot on watch that I'm suuuuuper excited about. Obviously, willing to add to current holdings if price firms up. $DE, $CAT, $NFLX (thank you @tex_trading for bringing this to my attention), $FB and $SHOP. Will be watching but will remain patient.

Current Holdings. Current holdings. Starters only in $AGCO, $CRWD and $IWM until stronger price action. $DIS and $PYPL are so OTM that very likely will expire worthless.

Relative charts confirming the relative weakness in tech and growth. $IWM with a nice little reversal tail. We'll see if there's any follow-through. Defensive assets saw spikes in their relative charts. TBC if this is just one weekly candle or if a trend starts to develop.

FAANG names have generally held up well in the last couple of weeks. $AAPL continues to show big strength (if the market firms up, this can probably take off and hit 190). $AMD and $NVDA both sat back. Would expect more sideways/selling in these names.

While growth got sold, value has been doing decently. Welcome to the rotation. It's hard to truly feel bearish when stocks like $BRK.B are making nATHs. $IWM was in focus for me. I wanted to be patient for a flush. Still open to this but I initiated a starter on Friday (Nice RS).

Still flagging on $SPX with 4700 being big resistance. Now that December's OPEX has passed, will 4700 still be defended? $QQQ and growth mostly continue to get wrecked with sporadic pockets of strength. The 10Y was unfazed by the Fed's hawkish plans divulged earlier this week.

My current swings. $DIS with first signs of bullish action. Starter positions in $AGCO and $CRWD. Will add if confirms. Not that much really of interest this week forward. If market weakness, will be looking at $IWM and $FB. FOMC is Wed as well as VIX expiration and OPEX on Fri

$QQQ/QQEW confirming the relative strength in FAANG+ names. $IWM still underperforming. Growth outperformed value this week (mainly due to large caps). Most defensive assets sat back this week. Breadth was also very much degrading prior and this past week, bounced back.

$AAPL with enormous strength throughout the two weeks' of market bearish pressure and exploded higher this week as the market bounced. $AMZN mid-range. $FB as well. Both these names could go either way. $MSFT with sustained strength this whole year. Really incredible.

I was wrong last week with respect to 1) thinking we'd have more downside and 2) that value sectors would begin outperforming. We saw neither of those things this week. $IWM did not bounce as ferociously as the overall markets did. $SMH looks like it could go either way here

Very bullish week in for $SPX & $QQQ as $VIX completely melted. Do we breakout next week? We went sideways for most of the week so it is likelier than not that we make the next move up. FAANG+ names were a big source of strength this week as they outperformed the rest of tech.

Looking for RS names for my watchlist. $DE, $WHR, $COF on radar. $IGV has already sold off nicely. Slight aversion to tech at the moment. $IWM, $FB also on watch. Only in my almost worthless calls in PYPL&DIS and small equity in $AGCO. Not sure now is the right time but patience

Relative charts confirming many ideas. Of note: XLI's bottoming wick. IWM looking to re-test prior support of the relative chart. Nice confluence. Growth vs. value looking like it needs to sit back & re-test some breakout levels. ALL defensive sectors put in nice bullish candles.

A couple of broken charts at the moment for me. These are signaling relative weakness. Watching but no intention to act on these. I already calls in $PYPL and $DIS (both now wayyy OTM) which will likely expire worthless. $SQ $ROKU

$AAPL showing big relative strength these last two weeks, who would've thunk? AN $AMZN re-test of HVN/VPOC very possible. $FB re-visiting weekly support - I'm watching. Depending on PA when I see a few other reversal signals, this will be a go-to ticker. $NVDA with sick RS.

Rotation underway. Made evident especially in whipsaw: into value and out of growth/tech, software specifically. $SMH still showing some relative strength throughout. $IWM definitely has my attention. I would love a flush below weekly support. One of my main focuses into EOY.

Interesting week, $QQQ showing RW late in the week. Curious to see the 10Y breakdown with Fed Members going back and forth with tapering and hikes. Most interesting is the $VIX measurement, hitting >35 while $SPX is down only 5% off highs. How will disconnection be resolved?

All out $LRCX! From 550ish to 700 swing 🔥