Self-made millionaire trading stocks and options. Sarcasm is my middle name. Never invest on what other people tell you. Wise up! Follows are appreciated 👍🏻
Everyone.
If you are not following @SmartReversals you are missing on a GREAT opportunity to learn! His concepts are powerful yet he lays them in very simple terms and is always eager to respond your questions.
One of my favorite follows. 👍🏻
Good question: Look for the next candle to close below the evening star pattern or below the low of the star. This serves as a confirmation of the bearish reversal.
Once $TSLA stops running the market is going to take a deeper dive. The dive may extend deeper into the end of next week due to Elections Day uncertainty.
$NVDA saw some rotation due to $TSLA’s grabbing all the attention.
$SPY$QQQ$NVDA$TSLA
I hope you made a lot of money today since the morning with this observation. Now is time to get your chips off the table before it’s too late. There is not much upside left after +18%+ gain in one day.
Know how to win and when to fold. 👍🏻
Don’t gamble with your money today on $TSLA. The majority of the times, if it opens in the res after earnings, it will sink deeper during the day. Puts are cheap and strikes close that day. Conversely, if it opens green, it keeps on running.
Just saying. Not investment advice!
A word of caution:
Please read my post carefully. It says, “most of the time.” That means the strategy has failed here and there in the last 10 Earnings reports. The context (S&P) is one of volatility and nervousness due to the elections.
Be wise and manage risk accordingly 👍🏻
Don’t gamble with your money today on $TSLA. The majority of the times, if it opens in the res after earnings, it will sink deeper during the day. Puts are cheap and strikes close that day. Conversely, if it opens green, it keeps on running.
Just saying. Not investment advice!
Don’t gamble with your money today on $TSLA. The majority of the times, if it opens in the res after earnings, it will sink deeper during the day. Puts are cheap and strikes close that day. Conversely, if it opens green, it keeps on running.
Just saying. Not investment advice!
If you repost this post, you will be entered into a drawing to win a copy of the latest issue of the report. Please do so by tonight.
#SPX$SPX$SPY#Elliottwave
I just bought some lotto tickets on $NVDA. I am going the other way everyone else is going. Puts to Nov. 1, 2024 @ $130. Not aiming to touch it but being close will pay handsomely.
NOT investment advice! 👀
Something is really wrong with $NVDA weighing in the S&P and Nasdaq mix. Had it not been for $NVDA going up today, the markets would have fallen 1%-2%.
A big move is rising in the horizon.
$SPY$QQQ
$SPX - Back and Forth between Greed and Extreme Greed, as it happened back in the first weeks of 2024.
The outcome back then was bullish continuation.
There are overheated components like: 1) the distance from the 125DMA, 2) the new highs in the $NYSE, 3) the volume summation is on the rise, and 4) bonds are not doing well.
2 & 3 sound very well, that's why considering further upside is important, and the $VIX, open for everyone in link in profile⤴️is suggesting further upside for the market.
It's been a long time since I posted a $SPY weekly chart here: 50 reposts and it will be out for everyone, less than 50 reposts, and it goes via DM to people who reposted.💚
Get access to the key S/R levels for next week: 20 securities are included, understand the bullish reversal with the VIX chart, which is open for everyone! Access for free using the link in profile ⤴️
Last Friday's daily setup anticipated a pullback, which materialized on Monday, however, by Tuesday the central S/R level was recovered, tech consolidated that level with conviction, the rest of the week is bullish history.
$SPY$QQQ$ES_F$TSLA$SHOP$AAPL#StockMarket$VIX$IWM
Unpopular opinion:
$TSLA is out of rabbits in the hat. The stock may start to trade down for a while (i.e., ‘til next Earnings).
There are no more “unknown” short-term catalysts to pump the stock. 🤷🏻♂️
$QQQ: The Money Flow Index reached overbought levels, a condition that has preceded pullbacks and even corrections. Is a mild one coming or a new correction? If in doubt, check the $VIX chart in bio, it is open for everyone.
Like💚and repost to receive during the weekend a key chart that is raising an orange⚠️flag.
$SPX$NDX$IWM
The Support&Resistance Levels for the Week ahead are out. Be prepared for a volatile week ahead. These levels provide references to manage risk and target zones for $SPX, $NDX, $NVDA, $GDX, $IWM and more than 15 securities. Check the $VIX. It's open for everyone💚 Get access in bio ⤴️
When the Dept. of Justice gets involved, is not because of “hearsay”. They surely have solid stuff to go by.
This time is for real. It’s not a pump n’ dumper filing a hit piece. It’s the US Government.
@Jake__Wujastyk Will appreciate your comments.