“We’re in Whale Week. Markets are stretched. Let’s talk momentum and smart exits.”
It’s Monday, and Garrett kicks things off by breaking down the overbought conditions we’ve seen across the board — Nasdaq, S&P, and Russell — all coming off extended upside runs.
The setup?
- Momentum peaked late April.
- Price stretched.
- Volume overbought.
- Now we’re seeing profit-taking kick in — and that’s not panic. It’s smart.
Key Points:
Momentum Peaked — Time for Rotation
- Markets are pulling back after that April 9th surge.
- This isn’t a collapse — it’s funds locking in gains.
Ignore the Downgrade — Watch the Flow
- Garrett doesn’t care about the downgrade headlines.
- Momentum and structure always matter more than Wall Street noise.
Welcome to Whale Week
- Big filings, big flows, and smart money positioning.
- If you want to see what matters most — watch what the whales are doing, not what the news says.
The market exists to sell — so don’t get caught holding the bag.
This week’s about reading momentum, trimming smart, and tracking institutional moves.
Let’s dig in.
Until next time,
Garrett Baldwin
TheoTRADE
