As noted, I am trying to reallocate my Saul positions based on strength of the chart and IBD fundamentals. Currently AXON, NU and ELF are ugly and get no allocation.
Today I wanted to buy some more MNDY and CRWD and decided the wise thing to do would be to sell out NVDA before earnings. I love my NVDA but I tried to be rational and acknowledge that I have a large core holding from 2016, I have some in my MF portfolios and I have some as an IBD holding with a good profit margin. Therefore, I de-risk a little by selling my “Saul” position and reallocation to MNDY and CRWD. As noted in previous post, I like the chart formation and love the fundamental rankings for CRWD. It technically broke past resistance a couple days ago. I bought an initial position in MNDY on the gap up day and contemplated adding yesterday, so I did it today at a much hiring price. But it did break into the buy zone with 70% vol above average. I will be down 1% by the close, but I just needed to pull the trigger.
IOT and CELH still looking good. Taking a little rest, but still worth holding.