Algos got rid of the overbought condition on RSI and MFI. I promised you a Fed pump and then a dip today. You got both. My indicators work fairly well.
Not exactly sure what happens here, so staying out. BTC and DAX look bullish, both are still green, along with transports (except BA, lol) A lot depends on AAPL and AMZN earning this afternoon, AAPL will beat because they didn;t warn and AMZN is probably a mixed bag because retail will suck but cloud is still growing.
Not exactly sure what happens here, so staying out. BTC and DAX look bullish, both are still green, along with transports (except BA, lol) A lot depends on AAPL and AMZN earning this afternoon, AAPL will beat because they didn;t warn and AMZN is probably a mixed bag because retail will suck but cloud is still growing.
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Market melting back up, watch out for the short squeeze on garbage stocks like I said earlier this morning,
I decided to run a strangle on BTC with next week's options, leaning towards the bull side. I would normally do calls, but who trusts cryptos? LOL. At leas I don;t have to watch anything now, it just has to move.
I decided to run a strangle on BTC with next week's options, leaning towards the bull side. I would normally do calls, but who trusts cryptos? LOL. At leas I don;t have to watch anything now, it just has to move.
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I also promised you a whipsaw, lol. You got that already, I think a melt up from here, probably through Monday.
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I think this morning was a bear trap, this is typical bull market setup which is why I usually take the easy money when shorting.
4 day short squeeze rule now in effect staring with yesterday. So no shorting until Tuesday
4 day short squeeze rule now in effect staring with yesterday. So no shorting until Tuesday
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Bear trap indeed, AMZN and AAPL both beat, NQ broke through resistance
Only thing I'm still bearish on is China