Trader first, educator second. Built the day trading resource I wish I had starting out. That's Summit Trading Group. WA. ๐Ÿ”๏ธ

Joined January 2024
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๐Ÿ”ด Close 6/16: $SPY -0.60%, $QQQ -1.90%, $IWM -0.87%, $DIA 0.58% Classic rotation out of growth. $XLK -2.79% led the bleed, $XBI -0.78% red too. Value held: $XLF 1.47%, $XLU 0.72%, $XLI 0.65% all green. AH movers: FLZH 13%, AIBZ 7%, TDIC 6.6% up. VRXA -12%, RGNT -9.7% down. Tech vs value is the trade. Watch which side leads the open. #daytrading #stockmarket #SPY #QQQ #sectorrotation
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Events to Watch ๐Ÿ“… Housing Starts cratered -15.4% (1,177K vs 1,392K). Big miss, bearish homebuilders. Permits about flat. FOMC Day 1 today. Rate decision Powell tomorrow Wed 6/17 at 2pm ET. Keep size lighter, compressed ranges and a midday dead zone Wed afternoon. Wed 8:30, Retail Sales. Hot print pressures rate-cut hopes. No PCE or GDP until June 25. Watching the SpaceX IPO aftermath ripple through the space complex ($RDW, ARK names). Strong print = risk-on, a fade leans on satellite/rocket. $RDW already -3.4% PM. #Trading #DayTrading #Macro #StockMarket
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Watchlist 6/16 ๐Ÿ‘€ $RXT fresh catalyst today: AMD deal for 30MW AI data center footprint Q2 earnings. UBS raised to $5.50. Strong momentum name. $EOSE battery storage on watch $QTEX quantum name still in motion after $1M Israel govt grant $HUBC 22% AH last night, carry-through watch $SUGP $SLBT on watch No index trend today. Stock-specific catalysts are the only edge. #Trading #DayTrading #Watchlist #StockMarket
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Pre-Market 6/16 ๐ŸŸก $SPY -0.08% flat at $754.83, mid-range (41.8%). $QQQ -0.22% at the low of its range (16%). Macro tone is risk-on (Trump/Iran deal, SpaceX IPO debut). But PM action is coiled with no direction. Today is a stock-picker's session. No index trend to lean on. Bias flips with the first 5-min candle relative to $754.83. Let it tell you. #Trading #DayTrading #Macro #StockMarket
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Market Close 6/15 ๐ŸŸข $SPY 1.76% $QQQ 3.14% $IWM 0.58% $DIA 1.05% Tech dominated. $XLK 3.78% $XBI 1.95% $XLY 1.69% led. $XLE -3.48% the only notable red. $SPY hit new highs, $QQQ surged on the AI/semi recovery bid. Strong start to the week. AH showing slight profit-taking. AH watch: $HUBC 22.02% #StockMarket #Trading #DayTrading #Macro
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Intraday Movers ๐Ÿ‘€ $RGNT 410% RVOL 44x, halt-resumed biotech, tight zone but 6.4x ATR. Extended. $HQ 45% RVOL 19.5x, quantum-computing Dublin testbed catalyst, strong structure $SABS 22.5% Citi Buy $11 PT, clean fresh catalyst, near HOD $QTEX 74% Israel quantum grant, uptrend but ATR tiny Avoid: $CUPR 127% but BELOW VWAP, fading hard. Compliance pop rolling over. $FOXA $FOX -15% Murdoch CEO news, no clean edge. #Trading #DayTrading #StockMarket #Watchlist
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Midday ๐ŸŸข $SPY 1.95% @ $756.24, $1.84 above VWAP, 91% of range. $QQQ 3.16% @ $744.11, near HOD. Broad risk-on confirmed. But both indices are 6-7x ATR above VWAP on RVOL 0.67/0.91x. Extended and thinning. The setup that works here is pullback to VWAP, not chasing HOD. #Trading #DayTrading #StockMarket #MacronDรฉmission
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Three setups for today's extended gap-up: Pullback to VWAP on leaders ($NVTS $INTC) before pressing longs. HOD breakout on catalyst names ($BMNR NYSE listing, $CAST momentum) clearing the ORH on volume. VWAP reclaim if we flush early, don't re-engage until it reclaims. Not chasing the open. Waiting for price to come to me. #DayTrading #Trading #StockMarket
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Watchlist 6/15 ๐Ÿ‘€ $NVTS AI power semi riding the Computex/NVDA ecosystem wave. Hit $34 ATH June 3, volatile since. Up again today with the broad semi bid. $INTC part of today's AI chip recovery: $NVDA $AMD $INTC $AVGO all bid PM. $BMNR crypto mining name in motion with the risk-on tape. $CAST DirecTV catalyst Day-2 watch from Friday's 164% run. Semi/AI theme is back in charge Monday. Pullback entries over chasing. #Trading #DayTrading #Watchlist #StockMarket
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Pre-Market 6/15 ๐ŸŸข $SPY 1.33% @ $751.64, $QQQ 2.23% @ $737.40. Both gapping clean over prior-day highs with no overhead supply. Tech leading. Tape favors longs into strength. Main risk: gap-fill flush if we can't hold above prior highs at the open. Prefer pullback-to-VWAP entries over chasing breakouts. Watch Empire Mfg at 9:45. #Trading #DayTrading #Macro #StockMarket
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After Hours ๐Ÿ”” 6/12 $VSME 37.28% AH, AI Smart Living pivot catalyst. Classic low-float momentum name, been whipping all week ($5.38 HOD Wed, closed $1.72 today). High volatility, treat accordingly. $HSPT -15.69% space SPAC fading after today's SpaceX IPO. Buy the rumor, sell the $SPCX news. $BBGI -6.81% $GLXG -3.42% $LUNL -3.37% rounding out the red. #AfterHours #Trading #StockMarket
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Market Close 6/12 ๐ŸŸข $SPY 0.54% $QQQ 0.59% $IWM 0.87% $DIA 0.73% Broad green across all four majors. Financials and utilities led. $XLF 1.37% $XLU 1.09% $XLK 0.87% $XBI 0.79% Only $XLV -0.18% red. Started the week with a AVGO bloodbath. Ended with the SpaceX IPO and broad gains. Week closed strong. ๐Ÿš€ #StockMarket #Trading #DayTrading #Macro
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Intraday Movers ๐Ÿ‘€ $CAST 164% RVOL 250x, DirecTV partnership, inside tight zone above VWAP $UBXG 73% RVOL 96x, halt-resume momentum, fresh HOD on rising volume $EDHL 61% trending up with rising 30-min volume $ELVN 16% $400M offering at $37.50 priced strong, above VWAP Short side: $DXYZ -24% and $SPCE -28%, SpaceX IPO fade leaders. Sell the news in real time. #Trading #DayTrading #StockMarket #Watchlist
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Midday ๐ŸŸข $SPY 0.50% @ $741.46, holding above VWAP with intraday trend up, coiling $741.66-$742.78. $QQQ 0.72%, well above VWAP at 86% of range. Morning was cautious, midday flipped bullish. Both reclaimed and holding VWAP. But QQQ at 5.45x ATR above VWAP is extended. Selectivity over chasing. SpaceX IPO day green tape = nice Friday. ๐Ÿš€ #Trading #DayTrading #StockMarket #Macro
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$SPCX is live today. The largest IPO in history. $135/share, $1.75T valuation, $75B raise. Dwarf's Saudi Aramco's 2019 record. Musk retains 82% voting control. Starlink carrying the fundamentals with $1.19B operating profit in Q1 and 10.3M subscribers. The whole space complex is running in sympathy. $RKLB $SATS $SPCE all catching the wave. Historic day. ๐Ÿš€ #SPCX #SpaceX #IPO #StockMarket #Trading
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Watchlist Friday: $INTC $RKLB $RDW $SATS $DSY $GMM One story dominates today: SpaceX is pricing its historic IPO. The entire space complex ($RKLB $RDW $SATS $SPCE) is catching a bid on the momentum. $RKLB specifically: Stifel $132 PT raise AND Nasdaq-100 rebalance addition. Stacked catalysts. $INTC rare double upgrade, semis running. SpaceX is Cramer's pick to set market tone for the next month. ๐Ÿš€ #DayTrading #Trading #Watchlist #StockMarket
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Pre-Market 6/12 ๐ŸŸก $SPY 0.23% above prior close, $QQQ essentially flat. Mixed macro: hot PPI yesterday, cool Core CPI Wednesday. Tape hasn't picked a side. Two swing factors today: 10am UoM Sentiment Inflation Expectations (already weak at 46.1) SpaceX IPO narrative ($RKLB $RDW $SPCE $SATS profit-taking) Choppy open. Real direction after 10am. #Trading #DayTrading #Macro #StockMarket
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Trump: Iโ€™m attacking Iran. Iโ€™m not attacking Iran. Iโ€™m attacking Iran. Iโ€™m not attacking Iran. Markets:
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Intraday Movers ๐Ÿ‘€ $MNTS 40.6% cash raise space strength, fresh HOD with rising volume $VELO 32.5% Aurelia partnership, breakout grind $SPCE 21.4% SpaceX IPO sympathy $PCT -13.1% but reclaimed VWAP and flipped to intraday long on rising volume Fading: $BATL -26.2% drilling update sold hard, broke to LOD Avoid: $QH 87.7% RVOL 247, halt risk, high-vol chop #Trading #DayTrading #StockMarket #Watchlist
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Pre-Market 6/11 ๐Ÿ”ด PPI just printed hot at 1.1% vs 0.7% est. Hot CPI yesterday, hot PPI today. Stagflation-flavor print. $ORCL -9.3% on weak guide dragging megacap tech. Claims 229K vs 220K, labor softening. $SPY $QQQ bouncing PM but well below prior highs. Fragile bid that fails into resistance. Fade strength, watch for VWAP rejections. Especially in ORCL-halo tech names. #Trading #DayTrading #Macro #PPI #StockMarket
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