🎅🏻 Where’s the Santa Rally?! 🎅🏻

Good morning, Where’s the Santa rally?! Markets have been dicey of late, but overall I’m still bullish as we head into Christmas. That said, I backed off a few January Effect trades Monday. The IWM (small caps) has fallen to -3 ATR which has largely been a good buying opportunity this past year as you can see on the daily chart. I’m in Calls overnight in the Octagon and plan to add to my position today. CPIX, FWBI, PPSI, AHPI, ERYP, IMGN, and ISPC are this morning’s breakouts that I’m watching. ABOS, CNVY, IFBD, FEMY, DATS, KLTR, MIRO, and DNAY are the breakdowns that I’m watching. FEMY put in a nice 19.16% move Monday and has range to $7 if it keeps going. Trading In The Zone, chapter 11, page 184 Creating A Belief In Consistency Creating a belief that “I am a consistent winner” is the primary objective, but like my intention to become a runner, it’s too broad and abstract to implement without breaking it down into a step-by-step process. So what I’m going to do is break this belief down into its smallest definable parts and then give you a plan to integrate each part as a dominant belief. The following sub-beliefs are the building blocks that provide the underlying structure for what it means “to be a consistent winner.” I Am A Consistent Winner Because: - I objectively identify my edges. - I predefine the risk of every trade. - I completely accept the risk or I am willing to let go of the trade. - I act on my edges without reservation or hesitation. - I pay myself as the market makes money available to me. - I continually monitor my susceptibility for making errors. - I understand the absolute necessity of these principles of consistent success and, therefore, I never violate them. This is one of my favorite books about trading and I recommend you read and reread pages 184-188, penciling in notes, right in the book. Then come back to it from time to time and question if you’re subscribing to these sub-beliefs. Good luck with your trading today and as always, I will pre-alert in JasonBondPicks a minimum of 10-minutes before I buy, using the RagingBull APP. You can follow the instructions to download the APP below. Jason Bond [Alternate text]( [Image] [Facebook]( [Twitter]( [Instagram]( [LinkedIn]( RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 [Unsubscribe from all RagingBull emails]( © Copyright 2020, RagingBull DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [(. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of [RagingBull.com](, LLC are paid in whole or in part by commission based on their sales of Services to subscribers. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication.