Truist: Potential BreakoutTruist Financial spent almost two months consolidating, but now some traders may think the regional bank is starting a new uptrend.
The first pattern on today’s chart is the March 24 closing price of $42.15, its peak before "Liberation Day." TFC crossed that level in late June and pulled back to hold it on August 1. That may suggest old resistance has become new support.
Second, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA in mid-August. That may suggest its long-term trend is getting more bullish.
Third, the 8-day exponential moving average (EMA) is above the 21-day EMA. MACD is also rising. Those patterns may reflect short-term bullishness.
Finally, TFC ended yesterday above its recent closing high from July 27. It also had a bullish outside candle. Has a breakout begun?
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Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
Moving Averages
$BTC Has Entered the DANGER ZONEI warned ya’ll about this ₿itcoin correction on the 15th when that big bearish engulfing candle printed.
CRYPTOCAP:BTC has now officially entered the DANGER ZONE with a break below the 100DMA, 0.236 Fib and previous local high territory.
If PA breaks even further, next stop is the 0.382 Fib ~$105k and possibly the 200DMA ~$101k
Latest Update on ETHUSDTHello, my wonderful friends! What are your thoughts on BINANCE:ETHUSDT ?
Recently, ETHUSDT has shown a strong correction after reaching a high of nearly 4,777 USD. From this point, ETH has slowed down and pulled back, but the key support level at 4,200 USD is holding up, helping the price bounce back in the short term.
We are seeing ETH trading above the EMA 34, with both EMA 34 and 89 acting as crucial dynamic support zones. If the price maintains stability above this support, the chance to push towards the 4,777 resistance level could open again.
My view is bullish. What about you? Do you think ETHUSDT will continue to break above 4,777, or will it struggle at this level? Feel free to share your thoughts!
BTCUSDT – Short-Term Opportunity?Hello everyone, glad to see you again! Let’s take a look at BINANCE:BTCUSDT .
Today, BTCUSDT is trading around 113,400 USDT, after multiple rebounds from the 112,550 USDT support zone. At the time of writing, the pair is once again testing this level. However, on the 1H timeframe, the price remains under pressure from the descending trendline and has not yet managed to break above it.
If the price continues to be rejected at the trendline, I expect a deeper move towards the 110,000 USDT zone or even lower support levels as shown on the chart.
It’s crucial to monitor how BTC reacts around the descending trendline and the key support area to identify potential opportunities.
Wishing you smooth and successful trades!
H+H International A/S | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set Up
3. Break & Retest Set Up
Notes On Session
# H+H International A/S
- Double Formation
* (Trending Attitude)) - *0.5 - *Retest & Entry - *25EMA | Subdivision 1
* (Range Allocation)) | No Size Up - *Retest Area | Completed Survey
* 95bars, 2893d | Date Range Method - *(Downtrend Argument))
- Triple Formation
* (P1)) / (P2)) & (P3)) | Subdivision 2
* Monthly Time Frame | Trend Settings Condition | Subdivision 3
- (Hypothesis On Entry Bias)) | Regular Settings
* Stop Loss Feature Varies Regarding To Main Entry And Can Occur Unevenly
- Position On A 1.5RR
* Stop Loss At 180.00 DKK
* Entry At 125.00 DKK
* Take Profit At 45.00 DKK
* (Downtrend Argument)) & No Pattern Confirmation
- Continuation Pattern | Not Valid
- Reversal Pattern | Not Valid
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
Lilly Has Fallen. Can it Get Up?Eli Lilly has been trending lower, and some traders may see further downside risk in the pharma giant.
The first pattern on today’s chart is the bearish gap on August 7. The decline came despite better-than-expected quarterly results, which may reflect weakening fundamentals.
Second is the May 23 low of $709 where LLY now appears to be stalling. Has old support become new resistance?
Third, last week’s peak occurred at a 50 percent retracement of the decline from late July.
Fourth, the 50-day simple moving average (SMA) is below the 200-day SMA. That may confirm a longer-term downtrend is in effect.
Next, the 8-day exponential moving average is below the 21-day EMA. That may reflect a bearish short-term trend.
Finally, LLY is an active underlier in the options market. That could help traders take positions with calls and puts.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See www.TradeStation.com . Visit www.TradeStation.com for full details on the costs and fees associated with options.
Margin trading involves risks, and it is important that you fully understand those risks before trading on margin. The Margin Disclosure Statement outlines many of those risks, including that you can lose more funds than you deposit in your margin account; your brokerage firm can force the sale of securities in your account; your brokerage firm can sell your securities without contacting you; and you are not entitled to an extension of time on a margin call. Review the Margin Disclosure Statement at www.TradeStation.com .
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
Qualcomm Inc | QCOM | Long at $156.60Qualcomm NASDAQ:QCOM is a global leader in wireless technology, focusing on 5G chipsets, AI-capable Snapdragon processors, and connectivity solutions for smartphones, IoT, and automotive. Revenue through 3 quarters of 2025 is ~$40B. Revenue growth is anticipated to be 10-12%, year over year (2026: ~$45B; 2027: ~$50B; 2028: ~$56B). 5G adoption, AI chip demand, and automotive needs should continue to drive the stock price. Earnings per share are projected to grow 12-14%, year over year (2026: ~$11.20; 2027: ~$12.80; 2028: ~$14.70). Thus, the future looks quite bright for NASDAQ:QCOM .
Regarding price, it is currently trading at a PE of 15x and has a 2.25% dividend. The price is resting just above my historical simple moving average channel. I do anticipate it to drop into the channel (down in the high $130's-$140's) in the near-term due to typical September selloffs. However, I plan on adding more in the zone. A major bear case would be a major drop into the $90's to fill the price gaps on the daily chart before moving higher. I do not think this will happen unless a major catalyst in the market emerges - but always be prepared. Regardless, it is a strong company providing products and services that are in high demand. Currently fairly valued, I believe it become undervalued as the demand for 5G and new phone chips with AI capabilities emerges.
Thus, at $156.60, NASDAQ:QCOM is in a personal buy zone with a likely near-term drop into the $130's and $140's.
Targets into 2028:
$191.00 (+22.0%)
$225.00 (+43.7%)
USDJPY Faces Limited Upside Amid Fed and BoJ SignalsThe FX:USDJPY pair edged higher after losing about 1% in the previous session and is now trading around 147.22. However, the upside momentum may be capped as the Japanese yen (JPY) could regain strength following hawkish comments from Bank of Japan Governor Kazuo Ueda at the Jackson Hole symposium on Saturday.
Additionally, USD/JPY may come under renewed pressure as the U.S. dollar (USD) faces challenges due to the increasing likelihood of a Fed rate cut in September, stemming from Fed Chair Jerome Powell’s dovish remarks at Jackson Hole on Friday.
From a technical perspective, USDJPY recently marked its decline with a sharp, vertical bearish candle. A retracement is currently underway, but sellers still hold the advantage as the EMA 34 and 89 have turned bearish, and the 0.5 – 0.618 Fibonacci retracement zone has yet to be broken.
WAJAX CORP | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set Up
3. Break & Retest Set Up
Notes On Session
# WAJAX CORP
- Double Formation
* (A+)) - *Crossing - *Reversal Entry - *10EMA | Subdivision 1
* (Range Allocation)) | No Size Up - *Retest Area | Completed Survey
* 53bars, 4839d | Date Range Method - *(Uptrend Argument))
- Triple Formation
* (P1)) / (P2)) & (P3)) | Subdivision 2
* 3 Monthly Time Frame | Trend Settings Condition | Subdivision 3
- (Hypothesis On Entry Bias)) | Regular Settings
* Stop Loss Feature Varies Regarding To Main Entry And Can Occur Unevenly
- Position On A 1.5RR
* Stop Loss At 10.00 CAD
* Entry At 20.00 CAD
* Take Profit At 35.00 CAD
* (Uptrend Argument)) & No Pattern Confirmation
- Continuation Pattern | Not Valid
- Reversal Pattern | Not Valid
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Meta Could Be Fighting HigherMeta Platforms recently pulled back, but some traders may think it’s still fighting higher.
The first pattern on today’s chart is the gap to new all-time highs after quarterly results beat estimates. That may reflect strong fundamentals in the social-media giant.
Second is the weekly close of $736.67 from February 14. META stalled at the level in late June but held it last week. Has old resistance become new support?
Third, stochastics are turning up from an oversold condition.
Next, the rising 50-day simple moving average potentially suggests an intermediate-term uptrend remains in effect. The 8-day exponential moving average (EMA) is also above the 21-day EMA. That may be consistent with a short-term uptrend.
Last, META is an active underlier in the options market. (Its average daily volume of 453,000 contracts ranks tenth in the S&P 500 over the last month, according to TradeStation data.) That could help traders take positions with calls and puts.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See www.TradeStation.com . Visit www.TradeStation.com for full details on the costs and fees associated with options.
Margin trading involves risks, and it is important that you fully understand those risks before trading on margin. The Margin Disclosure Statement outlines many of those risks, including that you can lose more funds than you deposit in your margin account; your brokerage firm can force the sale of securities in your account; your brokerage firm can sell your securities without contacting you; and you are not entitled to an extension of time on a margin call. Review the Margin Disclosure Statement at www.TradeStation.com .
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
Joby Pulls BackJoby Aviation flew to a new high early this month, and now it’s pulled back.
The first pattern on today’s chart is the bullish price gap on May 28. That’s when Toyota Motor made a key investment in the maker of eVTOLs (electric vertical takeoff and landing) aircraft.
JOBY roughly tripled after the news and has now retraced nearly half the move. Is that a sufficient pullback for dip buyers to step in?
Stochastics have also dipped to an oversold condition and are now trying to turn higher.
Finally, prices are near the rising 50-day simple moving average. That may suggest its intermediate-term uptrend remains in effect.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
Crude Oil pauses as fed meets supplyOil steadied after a strong week, with WTI holding around $63. Markets are balancing the Fed’s signal of rate cuts, which could support demand, against rising supply from OPEC+ that risks creating an oversupply. The U.S. also moved to double tariffs on Indian imports in retaliation for its continued purchases of Russian crude, though Indian refiners signaled they’ll keep buying from Moscow. Risk assets gained broadly on expectations of easier monetary policy, but analysts cautioned that underlying fundamentals still point to downside risks. On the geopolitical front, Washington has intensified efforts to end the war in Ukraine, with Trump warning of “massive sanctions” on Russia if no deal is reached soon.
On the technical side, the price of crude oil is currently testing the resistance area consisting of the 61.8% of the weekly Fibonacci retracement level and the dynamic resistance between the 50 and 100-day simple moving averages. The Bollinger bands have somewhat contracted, showing that volatility in the market for crude might be slowing down for the time bein,g while the Stochastic oscillator is pushed near the extreme overbought levels, hinting that there might be a bearish correction in the upcoming session,s possibly retesting the lows of $62.
Disclaimer: The opinions in this article are personal to the writer and do not reflect those of Exness
CASH CONVERTERS INTL | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set Up
3. Break & Retest Set Up
Notes On Session
# CASH CONVERTERS INTL
- Double Formation
* (Diagonal Shift)) - *Short Entry - *10EMA | Subdivision 1
* (A+)) - *Crossing - *Retest Area - 2nd Entry(Long Bias) | Completed Survey
* 48bars, 1460d | Date Range Method - *(Uptrend Argument))
- Triple Formation
* (P1)) / (P2)) & (P3)) | Subdivision 2
* Monthly Time Frame | Trend Settings Condition | Subdivision 3
- (Hypothesis On Entry Bias)) | Indexed To 100
* Stop Loss Feature Varies Regarding To Main Entry And Can Occur Unevenly
- Position On A 1.5RR
* Stop Loss At 50.00 EUR
* Entry At 68.00 EUR
* Take Profit At 100.00 EUR
* (Uptrend Argument)) & No Pattern Confirmation
- Continuation Pattern | Not Valid
- Reversal Pattern | Valid - Double Bottom
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
PLUS GROUP HLDGS | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set Up
3. Break & Retest Set Up
Notes On Session
# PLUS GROUP HLDGS
- Double Formation
* (1st. Reference)) - Upper Band Feature 2X - *Long Entry - *10EMA | Subdivision 1
* (Short Cut Attitude)) - *Retest Area | Completed Survey
* 39bars, 273d | Date Range Method - *(Uptrend Argument))
- Triple Formation
* (P1)) / (P2)) & (P3)) | Subdivision 2
* Weekly Time Frame | Trend Settings Condition | Subdivision 3
- (Hypothesis On Entry Bias)) | Regular Settings
* Stop Loss Feature Varies Regarding To Main Entry And Can Occur Unevenly
- Position On A 1.5RR
* Stop Loss At 0.380 EUR
* Entry At 0.550 EUR
* Take Profit At 0.770 EUR
* (Uptrend Argument)) & No Pattern Confirmation
- Continuation Pattern | Not Valid
- Reversal Pattern | Not Valid
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Siren DIVCON | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set Up
3. Break & Retest Set Up
Notes On Session
# Siren DIVCON
- Double Formation
* (EMA Settings)) - Lower Band Feature - *Long Entry - *150EMA | Subdivision 1
* Medium Range | No Size Up | Completed Survey
* 260bars, 1820d | Date Range Method - *(Uptrend Argument))
- Triple Formation
* (P1)) / (P2)) & (P3)) | Subdivision 2
* Weekly Time Frame | Trend Settings Condition | Subdivision 3
- (Hypothesis On Entry Bias)) | Regular Settings
* Stop Loss Feature Varies Regarding To Main Entry And Can Occur Unevenly
- Position On A 1.5RR
* Stop Loss At 36.00 USD
* Entry At 41.00 USD
* Take Profit At 48.00 USD
* (Uptrend Argument)) & No Pattern Confirmation
- Continuation Pattern | Not Valid
- Reversal Pattern | Not Valid
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
NQ may pullback before creating new highsThe bulls want to push the market higher while the bear wants a 2nd leg down on the daily. PA loses 20EMA then reverses up and we are approaching September where catalyst will help push the market to create new highs. We may retrace from here then move up. My bias is super bullish however not eliminating the potential of a small retracement. i.e. 50% retracement then pushes up. Just my thought process. Cheers
H20 RETAILING CORP. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set Up
3. Break & Retest Set Up
Notes On Session
# H20 RETAILING CORP.
- Double Formation
* (Active Position)) - *Retry - *Neutral Entry - *25EMA | Subdivision 1
* Medium Range | No Size Up | Completed Survey
* 95bars, 2890d | Date Range Method - *(Neutral Argument))
- Triple Formation
* (P1)) / (P2)) & (P3)) | Subdivision 2
* Monthly Time Frame | Trend Settings Condition | Subdivision 3
- (Hypothesis On Entry Bias)) | Regular Settings
* Stop Loss Feature Varies Regarding To Main Entry And Can Occur Unevenly
- Position On A 1.5RR
* Stop Loss At 17.00 EUR
* Entry At 14.00 EUR
* Take Profit At 9.00 EUR
* (Downtrend Argument)) & No Pattern Confirmation
- Continuation Pattern | Not Valid
- Reversal Pattern | Not Valid
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
AAVE ANALYSIS (4H)After grabbing the upper liquidity pool, AAVE has shifted into a bearish structure.
Currently, the price is trading below both the 50 EMA and the 200 EMA.
Additionally, we can clearly identify a textbook Head & Shoulders pattern on the chart.
With these confirmations, AAVE remains bearish, and the downside target should be around $270 – $266.
Thanks for reading.
Goldman is a classic in more ways than one - long at 716.00 The 716.00 was a pre-market trade, btw. Goldman benefits whenever the rich benefit, and if there's one thing I'm sure of in the next several years, it's that the rich in America will outperform everyone else financially. But this isn't just a play on macro, government related, targeted largesse. I think Goldman's chart is in a good spot here.
The market feels weak here, but the GS chart is very solid. It's well above its 200d VWAP, still in a solid uptrend and in the top half of its 1Y regression channel, indicating (at least at this point) it is correcting, not collapsing. It has support fairly close by as well from its early July lows and beyond that, from the Feb 18 high.
As everyone knows, though, I rely on my data as the primary decision-making force in my trades and GS is pretty exceptional. Over the long haul, and over the past year shown here, GS has solidly outperformed most large caps and outperformed SPY by a mile in what has been a solidly above average year for the index.
24 buy signals have all resulted in profitable moves, 24-0 with an average gain of 2.96% in just under 11 trading days. That's 27bp per day held. For comparison, SPY's long term daily average is around 4bp/day and this year, while up about 14%, it has been about 5.6bp/day. So we are looking at a trade that has been, on average, about 5x the SPY daily return this year.
But that's not really fair to GS. Of its 24 signals, the median (middle) performer was 57bp/day, meaning half the trades 10x'd the daily market return. Also, only 2 of the 24 underperformed the daily return of SPY this year. Even if you throw out its best signal, a 15% in 12 days earning-related thumper, and leave in the tariff-tantrum related long, unproductive trade from early this year, average return is still 4x SPY on a daily average return basis.
We shall see. We COULD be on the cusp of the beginning of a strong market pullback, or we could just be in a short-term corrective blip. Either way, I think GS leads the pack performance-wise. And just a general tip, when the market is weak, I turn to trading large cap stalwarts that have weathered all the previous storms. Their returns may not be as sexy as meme stocks, but I can be sure they'll still be around later, and if they are, I'll make money.
Oh yeah by the way, in a world where everyone is gnashing their teeth about valuations, it has a P/E under 16.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.