I'm personally trimming profits today. Long weekends you do not know what to expect and I think big money when they come back from a weeks vacation will use retail as exit liquidity. Have a great 4th.

How are you positioning your portfolio this week? Typically on holiday weeks the market slowly grinds up. However, when big money comes back on Monday/Tuesday they may use it as exit liquidity. Dont get too aggressive on today's move. What are your thoughts?

Daily Trading Read VIX moved up to 18.6 from 18.0 = [RIP TIDES]. Broad risk is positive with SP500, Nasdaq, Russell, and Bitcoin higher, but SOX is sharply negative. This is a split tape: bullish surface, rising volatility underneath. Expect chop and be selective. Bull Entries - XLV — GU Path A. Valid long setup. - TLT — GU Path A. Valid long setup, but lower conviction due to LT conflict. Bear Entries - CVX — GD Path A. High-conviction bear setup. - GLD — GD Path A. High-conviction bear setup. - NVDA — GD Path A. Bear setup; IVR is extremely cheap. - IBIT — GD Path A. Bear setup; cheap-options environment. - SLV — GD Path A. Bear setup. - FCX — GD Path A. Bear setup; IVR 101 supports premium. - QQQ — HD Path B. Secondary bear setup. - DOW — HD Path B. Secondary bear setup. Premium Focus - SELL Short Put: XLV — IVR 52, GU signal. - SELL Short Calls on Core Holdings: CVX, DOW, FCX, GS, MS, NBIS, SOFI. - Highest premium names: FCX 101, NBIS 86, MS 66, GS 61, CVX 55, DOW 52, SOFI 45. Cheap Options - NVDA, TLT, XLU, SPY, XLF, BAC, IBIT. Core Holding Read - CVX, DOW, FCX have bearish path alignment and premium opportunities. - GS, MS, NBIS, SOFI are premium-only, not directional entries. - BAC and JPM are W status: no directional entry and no premium sale today.

Market read: VIX 18.6 vs 18.0 = [RIP TIDES]. Risk is mixed: SPX/NQ/Russell/BTC green, but SOX sharply weak. Expect chop, not clean trend. Bull setups: $XLV GU Path A, $TLT GU Path A but LT conflict.Bear setups: $CVX GD, $GLD GD, $NVDA GD, $IBIT GD, $SLV GD, $FCX GD. Secondary bears: $QQQ HD, $DOW HD. Premium focus:SELL puts: $XLV IVR 52.SELL calls on core holdings: $CVX 55, $DOW 52, $FCX 101, $GS 61, $MS 66, $NBIS 86, $SOFI 45. Cheap options: $NVDA, $TLT, $XLU, $SPY, $XLF, $BAC, $IBIT.No chase list: $BAC, $JPM, $GS, $MS, $NBIS, $SOFI remain W for direction.

Here are 3 things Im keeping in the back of my mind this week. 1) This is a holiday week so less volume and the options are going to be very wide (I'm going to avoid options). 2) Big players are away so the market tends to slowly drift up with less big resistant selling. 3) Government/Trump doesn't want bad numbers on job report going into July 4th BBQ Discussions. The numbers are going to come in probably exactly where they are suppose to. This happened the last 3 day weekend. What are your thoughts for this week? How are you positioning?