I didn't get a chance to watch the closing minutes, but I liked the way the market closed on a high note. The RUT leading the market has almost always kept the rally going this year. There were some laggards in the NASDAQ. I noticed FB, NFLX, and GOOG not participating. This divergence in the FAANG stocks is something new here. I still believe in AMZN and AAPL hitting more record highs next week with that extension on the Canada/US trade deal. On the other positions, NTAP's pattern is almost complete, TJX's chart continue to show strength, and news on UAL raising baggage fees has kept UAL holding higher.
I misplayed PVH calls. Where I thought PVH would dip by 4-5pts, it has fallen deeper into this -12pt hole. I doubt it'll be able to dig itself out by Sep 21. I also expected interest rates to ramp up taking the banks along with it. Instead, JPM is struggling and my position has been cut in half. The add on CRM ahead of that headline news yesterday didn't help either, but there is a pattern on CRM and I'll give it 2 weeks for that pattern to play out.