DailyPlay – Adjusting Trade (GS) & Closing Trade (FSLR, CRWD) – August 08, 2025
Closing Trade GS Bullish Trade Adjustment Signal...
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DailyPlay Positions Outlook
Equities continue to consolidate at current levels with SPY and QQQ ending the day in the red. However, key levels continue to be maintained. Despite the short-term outperformance of growth relative to value, yesterday saw value gain some momentum to continue its recent uptrend relative to growth. We take this opportunity to close out the KMI and MRK positions. KMI was a bearish earnings trade that did not move much post-earnings while MRK’s bullish thesis becomes invalidated with price unable to break above the $82 resistance level.
Closing Trade GS Bullish Trade Adjustment Signal...
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Read MoreCRWD Bearish Opening Trade Signal Investment Rationale...
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