I'll channel my inner James Hetfield and sing the chorus, "You Know It's Sad BUT Trrruuue, Sad BUT trueeeeew!" (in reference to the expanding military conflict.
Yes! We were just a little early in May. "Sell in May, and walk away".
Also, if we look at the 2000 bubble, the nasdaq had dropped by 40% to then climb 43%, to then drop 80% over the next year or so. The nasdaq is being irrational right now. Who knows, this might be a start of something big.
SP 500 has room to the upside possibly. 4500 is in the cards . 4330. Is target fir bulls . I’m not shorting until it breaks supports . I’ve tried 3 times already and covered . 🤣 I continue to earn losses back fast after covering
LIONS. I ENTERED THIS POSITION EARLIER TODAY AND ALREADY CLOSED IT WITH AN 8% PROFIT.
Energy looking really cheap… especially since they’ll probably be expanding the war soon
I'll channel my inner James Hetfield and sing the chorus, "You Know It's Sad BUT Trrruuue, Sad BUT trueeeeew!" (in reference to the expanding military conflict.
Yes! We were just a little early in May. "Sell in May, and walk away".
Also, if we look at the 2000 bubble, the nasdaq had dropped by 40% to then climb 43%, to then drop 80% over the next year or so. The nasdaq is being irrational right now. Who knows, this might be a start of something big.
Major Resistance: $4,260 (SPY $425 Call Wall)
Pivot Level: $4,200
Interim Support: $4,200
Vol Trigger-Market switches to negative
Range High: $4,300 Call Wall
Range Low: $4,000 Put Wall
Note fully extended, has room to trade to 4300.
No meaning volume call buying/put selling. Which is good for your position.
Watch your decay.
I placed a limit on same option for 10.00 might not hit.
Anybody thinkinh about LEAP puts on S&P into late 2024?
I did the same
A correction seems logical now that the bears have been beaten. It's time to reverse and abuse the bulls.
The FED is probably going to raise rates in June and more banks will crumble, as well as the money supply.
SP 500 has room to the upside possibly. 4500 is in the cards . 4330. Is target fir bulls . I’m not shorting until it breaks supports . I’ve tried 3 times already and covered . 🤣 I continue to earn losses back fast after covering
I’ve been building a defensive position through SPXS. Due to its leveraged price action, I am taking it SLOW.
I like this move! Looking primed for a decline.