Phil Fratantonio

Trend following the market direction and capitalizing on it. Develop your style and a playbook. Risk first. My tweets are mine. I never give investment advice.

[Phil Fratantonio @PhilFrat]

$IONQ Here is one for everyone.

[Phil Fratantonio @PhilFrat]

Last week my portfolio surged 15% and closed at a 7.2% gain for the week. I'm 120% invested on margin. Her are my current positions by size and cost basis. These are the leaders and all stops are set. Some stops will lock in gains and others are set at breakeven. Let's see if they hold at the open. Monday morning gap ups can be tricky if you need to add.

MU 13.1 % 919.68
SNDK 10.5% 1618.31
INTC 10.4% 106.44
DELL 10% 382.04
AMD 9% 472.35
MRVL 8% 265.53
COHR 7.2% 220.57
NBIS 7.1 % 220.57
DOCN 6.6% 173.44
SEI 6.6% 68.51
CBRS 6.0% 231.05
AAOI 4.4% 168.10

[Phil Fratantonio @PhilFrat]

IXIC, testing 50 day, let's see how the close is. Maybe this is the flush we needed to move higher.

[Phil Fratantonio @PhilFrat]

IXIC Dead cat bounce yesterday. Leading AI stocks getting killed. AAOI -12%, COHR -11%, MRVL -9%, INTC - 4%, SNDK hit 1800 and barley holding gains. Moved to 100% cash. Going to 50 day on NASDAQ.

[Phil Fratantonio @PhilFrat]

$CBRS, Nice institutional footprint yesterday. May try this today as it follows thru. 17 day trading days in the books. IPO start of the right side. Closed above the 8 EMA, let's see if it can ride it up the right side.

[Phil Fratantonio @PhilFrat]

$AMD first touch of 21 EMA on Friday. I may fish this off the moving average.

[Phil Fratantonio @PhilFrat]

$INTC This one has been selling off for days. It isn't extended and this is the catalyst that I was waiting for.

[Phil Fratantonio @PhilFrat]

$MRVL Inclusion into the S&P has been paying off this year. So powerful that it didn't touch the 8EMA on Friday. Watch the open for a low risk spot. $275 area looks good to me.

[Phil Fratantonio @PhilFrat]

Shooting for over 100% but I know that I can do better. This is in the beginning innings but you need to avoid heavy losses with these high ATR stocks. Size down and have tight stops always, risk vs. reward style.

[Phil Fratantonio @PhilFrat]

Don't forget about the reason of Memorial Day weekend and the remembrance of all the soldiers that fought for our country.

[Phil Fratantonio @PhilFrat]

April was solid and May is even better. Who says you can't time the market.

[Phil Fratantonio @PhilFrat]

$AAOI setting up for a big move, low risk here.

[Phil Fratantonio @PhilFrat]

$BE You play this today on the upside reversal or wait for it to take out today's high. I got it bouncing off the 3 std deviation lower channel line on my 33 day regression channel line.

[Phil Fratantonio @PhilFrat]

$NVDA, nice pullback at the 21 EMA, this is the next Mega to explode on earnings.

[Phil Fratantonio @PhilFrat]

$SNDK Best Chart this month . A chart tells 1000 stories. Nice work on the buyers at the 8 EMA at $1040. 100% from the 200 should put it at $1200.00. Appears that all dips will be bought thru 2027.

[Phil Fratantonio @PhilFrat]

Good Morning,
Every trader needs to document every trade in an Excel spreadsheet to review your numbers on a daily basis.
This is a helpful tool for post analysis so you can improve your trading. My trading improved tremendously once I had this information.

Here are my Y-T-D numbers in my Roth. My goal is to get to a 3:1 ration for % Winners versus % losers. If you can consistantly produce a 3:1 ratio, you can grow your account and never look back.
I try to trade everyday to take money out of the market. The only change is the amount of the starting positions. We are almost in a power trend so I will start with a 10% position size, which is my full size. When we were in the down trend I would start with a 3% position size.

YTD TRADES 192 (In and Out)
Winning % - 6.71%
Winning trades (103)
Winning % 54%

Losing % 3.92%
Losing Trades (89 )-3.92%
Losing % - 46%
Average Hold Time. 4 days

26% YTD ROE (Return on Equity)

[Phil Fratantonio @PhilFrat]

$FSLY. Here is my play for today. Let's see if my stop holds. I call this support at the 50 day by institutions with a gap up at the open. Lokk at the Stochastic chart on the daily.

[Phil Fratantonio @PhilFrat]

$FSLY Wow 4 days this stock has come in over 51%, over 300 Mutual Funds owns this. Is today the day they are going to squeeze the shorts? Here is a low risk entry. It didn't break the 50 day in heavy volume and may get support there.