Weekly Digest – Edition 16
Ameet Rai
Electrical Engineer and Swing Trader focused on achieving super-performance. Through extensive studies of previous super-performance stocks and proprietary data-based research I provide guidance for new traders with an emphasis on building processes and teaching traders how to think and trade for themselves.
Published: November 2, 2025
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Weekly Subscriber Digest
Week’s Summary & Outlook
The Week’s Story: So far it’s looking like the action last week was an aggressive shakeout as original April leaders gapped up and continued higher $TSLA $PLTR $HOOD $NVDA $RKLB all breaking out of multi-month bases. Action felt constructive with leaders outperforming. Tuesday through Thursday saw mixed broader market action with most stocks moving lower from open and not participating, but the April leaders and mega caps in fresh bases continued showing strong relative strength. Friday ended the week with strong closes across the board in the big liquid leaders.
What We Know: This has been one of the craziest markets, we’ve seen overnight gaps and volatility the past few weeks make things difficult. We have to continue to expect it will show back up at any moment. But there’s also a risk to not being invested at all if we keep rallying into end of year in one of the strongest markets. Your experience in the market really is determined by whether you’re in the right stocks or not. Being focused on the April leaders — it’s been a little choppy but they’re behaving very well. If you look outside of that, there are stocks that are extremely difficult. I’m focused on whats working.
What I’m Watching for Caution: $SPOT and $NFLX the two names that were structurally breaking last week have shown some constructive signs this week. $NFLX may be developing a double bottom. These 2 were red flags but showing signs of stabilizing and continued base building instead of breaking down. If they fix up and follow the rest of leaders higher instead of leaders following them lower, that would be ideal. Otherwise if they continue to breakdown as they sit below the 30-week its not something to be ignored. $META another big important leader has a broken and ugly looking chart after earnings. We want to see this stabilize and continue base building also or else its a red flag. Some of these names look like they are breaking down while a handful of others are breaking to new highs. They won’t continue to diverge so we want to see these names we have seen break below the 30-week strengthen up.
What’s Working: The original April leaders breaking out of multi-month bases. $TSLA — the fattest pitch in the market, just breaking out of 5-year base, aligns with every major theme in AI economy, 10-week crossed above major multi-year pivot. $PLTR gapped above major base pivot Monday and held all week, closing above $200 livermore level. $MDB picture perfect chart ignoring all market weakness, clear standout in RS, first to get bought on gap downs and end with a strong breakout week.. $NVDA powerful follow through from failed breakout. $RKLB acting well, setting up for another move. All focus names: $TSLA $GEV $PLTR $MDB.
Approach Going Forward: Strong action clearly focused in a handful of big names. Many pointing out lack of breadth. We’ve seen this scenario before and market continued to rally much higher before correction. With few big leaders pushing us higher they just become more important. If they break then market breaks, but if they continue to follow through that is incredibly bullish. Keep focus on whats working and keep activity minimal.Think of activity here as getting positioned vs finding trades.
Key Trading Insights
If you focus in on a handful of names and find pivots and points of interest it might take a few tries until it finally works for you but your odds of making money go way up vs jumping around to new names all the time.
“You might have to get a few tries until it works, but when you do the math and the position is sized up with risk/reward really skewed, even if you get stopped 2-3 times before it sticks the gains more than take care of the losses.”
Do they put in a low early? Which stocks go green first? Those are the ones that there’s the most demand for because any weakness they get bought up.
When the market finally bottoms, these same stocks begin breaking out. The way to tell if it could be the beginning of a new uptrend is whether you have stocks leading and following through.
Trade Activity
Multiple GEV entries this week with tight stops
| Ticker | Trade Notes |
|---|---|
| GEV | Bought Stopped Re-entered |
| PLTR | Hold |
| TSLA | Hold |
Current Holdings
3 positions • 135% total exposure
| Ticker | Status & Notes |
|---|---|
| TSLA | 81% of portfolio – #1 Focus. Strong close outside of recent
consolidation sets it up well for continuation next week. The 10-week has now crossed
above the major multi-year pivot creating confluence: 10-week, multi-year pivot, and
lows of recent consolidation all at the same level.
“I believe $TSLA is the fattest pitch in the market and this level can be used to manage risk.” Just breaking out of 5-year base and aligns with every major theme in the AI economy. |
| GEV | 35% of portfolio. Strong close above last week’s close confirming buyers are in control (for now). Hopefully heads back to top of base next week. |
| PLTR | 19% of portfolio. Strong close above $200 livermore level. Gapped above
major base pivot Monday and held. Expecting ~10% move from earnings Monday AMC.
With 16% cushion built, will be holding through earnings. The way both $PLTR & $NVDA picked up big as soon as they broke their pivots signals money could be rotating back into these names that have been basing. |
Day to Day Thought Process
| Day | Key Observations |
|---|---|
| Monday | Gap up across the board. Most names moved lower since the open slightly which is
expected for a gap up. However, the original April leaders continued moving higher after
the gap which is a really good sign.
“So far it’s looking like the action last week was an aggressive shakeout.” $PLTR gapped above its breakout level. $TSLA 10-week finally crossed above major multi-year pivot. $MDB gapped above its pivot. Multiple original April leaders now breaking out: $TSLA, $HOOD, $PLTR, $NVDA, $RKLB. If you were shaken out Wednesday or sitting in cash, add exposure — action looks like up is least resistance. Took position in $GEV using below low of week/day with extremely tight 1.5% stop which allowed sizing up to 35%. Great action for a Monday morning gap. |
| Tuesday | Pretty mixed action. Most stocks moving lower from the open but the two April leaders
that were structurally breaking ($SPOT & $NFLX) getting bought up and leading this
morning.
Got stopped out of $GEV, tried again with tight stop vs 560 second attempt working so far. $NVDA showing powerful follow through from failed breakout. “$PLTR has earnings Monday with 12% expected move. With only 9% cushion and not much time left, a close back inside the base will likely have me exit and revisit after earnings.” I don’t love that most stocks moved lower all day while indexes closed at highs, but not overthinking it because $TSLA acting great and $NVDA showing powerful follow through — both very important stocks. |
| Wednesday | Fed meeting treated as non-event. Another day similar to yesterday where most stocks
moved lower since the open but the action in original April leaders & mega caps in fresh
bases or coming out of them working well.
With mega caps working well and being important, we have a few reporting today ($GOOGL $MSFT $META) and reactions will set the tone. Either going to be fresh places for institutions to put money from stuff that’s run a lot, or we’ll see them break down. |
| Thursday | Slight gap down this morning which is always preferred over a gap up. Gap downs help
show which are the strongest names by what gets bought up first.
$MDB was one of the first few names to move higher off the gap down — great sign. First to see buying. $GEV so far leading the April leaders since the open. Most names moving higher from the open and nearing upper half of their range. Good momentum off the gap down until second half and a weak close. Not overthinking it yet — we just gapped higher quickly a few times and this feels normal. Nothing has changed from my POV. $TSLA not doing great but everything still structurally fine. Back into consolidation range — it can chop up and down in this range as long as it wants and it’s still good. May need more time. Outside of $TSLA being largest position, when I look at it based on structure it doesn’t take up any attention — positions with least cushion like $GEV take up most attention. “$MDB clear standout in terms of RS — picture perfect chart ignoring all market weakness. What also helps have conviction is that other names in the software group like $SNOW have already broken out. Groups move together so it has more wind at its back.” |
| Friday | Slight gap up — would have preferred another gap down but let’s see how the week ends.
First 20 minutes good action with most names still moving higher after the open despite
gap up. More stocks participating now with most names in upper range of the day and near
highs.
Seeing the divergence again — $SPY $QQQ at lows of the day while leading names near highs or in upper range still. Always better to see leaders showing better RS than indexes and not vice versa. Good close today. $TSLA strong close outside of consolidation sets it up well next week for continuation. $GEV strong close above last week confirming buyers in control. $PLTR strong close above $200. $MDB rockstar of a candle if we close here. Overall good action this week. The strong action is clearly focused in a handful of big names. We’ve seen this scenario before and market continued to rally much higher before correction. |
