Our general market indicators are overbought and looking like we are making a short term top here. I am selling IWM at the market ($222.40), and taking small loss. I am also entering a sell stop order on QLYS at $109.70 Good Until Cancelled. I will watch this one as if we can’t breakout here, I might just take small profit and look to buy back lower.

Todd Butterfield Blog, Model Stock Portfolio, Trade Updates

QLYS – Buying at the market, current price $109.61. You can see that the OP has been making lower lows, while price holds higher. We also now have an oversold Technometer. Also looks like it could be completing a “Backup” to a the creek it jumped at $108

Todd Butterfield Blog, Model Stock Portfolio, Trade Updates

Let’s buy IWM at the market, current price $230.74. We have what could be a jump and a backup, and the Technometer is extreme oversold.

Todd Butterfield Blog, Model Stock Portfolio, Trade Updates

Updated stops. Volatility is high so we want to tighten up stops. We still think stocks can work higher from here.

Todd Butterfield Model Bitcoin Portfolio, Model ETF Portfolio, Model Stock Portfolio, Trade Updates

Buying ATVI – Activision at the market. Current Price $92.95. I like the way the OP has been solidly down while price is holding and actually just did a “spring” and nice rally off of it, and now holding at higher levels while Nasdaq is getting clobbered

Todd Butterfield Blog, Model Stock Portfolio, Trade Updates