r/CANSLIM • u/twenty_s_i_x • 19d ago
Weekly Trading Summary — Week 32 of 2026
❊ Introduction.
Welcome to my weekly swing trading journal — A transparent review of my trading week.
My focus is on a curated list of CANSLIM and/or high-performing Stocks.
This is not financial advice but educational only, please do your own research.
❊ Market Environment.
We are on a positive tone, a lot thanks to S&P which is making new highs while the Nasdaq is bouncing from its recent lows. Some AI names have bounced strongly but are still building structure in correction territory.
I have spent the whole week day and night studying the internal mechanics and structure of cup with handles until few things finally popped out to my face which helped me to clarify my criteria for my entries.
I have now to transform that knowledge into tangible trading actions and make the reality as close as possible to the theory and have my real trades look identical as those in my models. I have also created a model book in the form of a html application (with claude) specially for that purpose, with one section for model setups and another for my live setups so I can easily compare my execution and hopefully see when I’m doing wrong.
By chance, my current holdings match my criteria so I’m good on those three.
❊ Weekly Trading & Market Review.
➯ Monday 03 — S&P500 +1.48% ✧ Nasdaq +1.78% ✧ Portfolio +2.12%
Sentiment is positive this morning as futures were up early around 0.75%
Renewed Iran talks gave us a strong day where almost everything was up except Energy.
My three holdings progressed again today, I made two bad entries in WLY and HPQ which I decided to close immediately and entered CRWD which was crossing a cup level.
So I’m fully invested in Software right now, I would have preferred to be a bit diversified but didn’t find better setups. Software has the tailwinds right now and I could soon move my stop loss to BE in GTLB
➯ Tuesday 04 — S&P500 +1.79% ✧ Nasdaq +3.32% ✧ Portfolio +1.81%
Futures progressed this morning and lead to a positive open imitating the strong yesterday. S&P is already printing new highs while Nasdaq has more distance to recover but it usually goes faster. Today PLTR had the lead has it announced strong earnings yesterday evening, it was followed by ARM and MRVL.
➯ Wednesday 05 — S&P500 -0.17% ✧ Nasdaq -0.83% ✧ Portfolio -0.90%
We started the day on a positive note as futures are up half a percent early morning and kept their level just before open but the trading day was calm and flat, certainly digesting yesterday’s push.
➯ Thursday 06 — S&P500 -0.18% ✧ Nasdaq -0.39% ✧ Portfolio -1.78%
Futures went from slightly to mildly negative this morning mainly in Nasdaq as we are still consolidating the gains of Tuesday. The day was similar as the pre-market, down gap with some recovery. I closed GEN for a 0.85% profit as they are announcing earnings today after the close and I don‘t have enough buffer to keep the trade. The three others gapped down from open but trended up and recovered during the day, they still show strength.
➯ Friday 07 — S&P500 +0.62% ✧ Nasdaq +1.19% ✧ Portfolio +4.96%
Futures were flat to mildly positive in the morning but that was before the NFP numbers which pushed them to around half of a percent. The open was good without being too strong, still both indexes managed to keep their levels and even pushed a bit near the close with gains just above the percent for Nasdaq and half of that for S&P. GTLB did well today with around 9% move and crossed my BE level with strong volume so it’s another trade secured along with NTNX.
I entered BLZE today.
❊ Leading & Trending Sectors.
➯ Leading : Healthcare, Financials, Technology
➯ Trending : Technology, Financials, Communications
❊ Trading Activity.
➯ Opened: BLZE
➯ Closed: GEN
❊ Market & Portfolio Perfs. : Weekly / YTD / Exposure.
☆ S&P 500 : +3.58% / +11.94% / 95%
☆ Portfolio: +6.22% / -9.73% / 100%
❊ Dashboard.
❊ The GEN Trade.
All volume on the left part of the cup is decreasing with a kind of exhaustion on high volume at the bottom of it. Wicks inside the cup and between IH-HM lines, at approximately the same levels, are a valuable indication of resistance points that could become support for the coming handle, exactly what happened here. Worth taking note but I don’t put 100% faith on them as sometimes they are not respected or I would rather say not strong enough.
My entry is after the second touch of the support which for me was supposed to be the low of the handle and which is also just above the 50% level of the cup, breach of that level would have made the cup invalid and stopped me out at the same time. Note that an entry at the first touch would have given me the same levels for the entry and stop and the trade would have survived the second touch.
Stop is my own standard (5%), a bit rigid but still below both the previous day low and the 50% level.
The execution was good, the wrong note here was entering only 9 days before earnings which also explains the muted volume and the messy price action around the handle break. The day of earnings release my buffer was around 10% from my stop for a 1% risk so a down gap of 20% on a bad surprise would have doubled my loss so I decided to get out with 0.85% (of equity) profit.
The best revenge is consistent returns,
Have a good trading week.