Patience in the Casino

After closing out the big UGAZ win yesterday, I do not need to force myself to chase equities higher today. I have been largely busy this afternoon organizing plans for the Market Chess Subscription Services, currently being designed. 

The hot names in the tape have gapped higher today, consistent with this market, such as CYBR, making it tough to chase. 

If we are going much higher, then some long ideas on my radar are: HAIN RGR SKUL SWHC. 

However, big consumer names like CAKE PNRA are getting slammed after earnings, and marquee issues like FB TSLA look much more like shorts than longs. 

So, we still have a mixed bag and I remain tactical. 

A big part of trading is not feeling the need to prove anything to anyone. With plenty of good wins in 2015 and no major drawdowns, I am in a good spot to stay patient here and not ride the emotional roller coaster many traders do. 

See you after the bell for my video market recap.