Breakout names see increased volatility, Mark Minervini notes

Breakout names see increased volatility, Mark Minervini notes
Mixed market sees volatility in breakouts

Mark Minervini, independent trader and educator, notes that Friday's market action was encouraging as it avoided a significant downturn.

He remains long a small selection of stocks while keeping an SPY short position as a hedge. Stops are described as relatively tight, and volatility has picked up among several breakout stocks. The overall tone is described as mixed for current market conditions.

Earlier, Minervini reported that most of his long positions, including PACS, CSX, and HSBC, were at profits with breakeven stops in place, according to a recent update. He has also promoted a special offer for access to his Minervini Markets 360 software and trading tools. These updates reflect his continued focus on trade management and trading education.

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