Comments on: /NQ & QQQ Updates 6-3-25

By: Mikeflegel

Mikeflegel — Wed, 04 Jun 2025 04:04:38 +0000

Randy I know you say you can’t deal in time frames but I’ve been burning so many times getting stopped out at a loss I can’t remember how many. How likely and imminent would you say any dump in the QQQ will be. Thanks

By: rsotc

rsotc — Tue, 03 Jun 2025 18:23:45 +0000

In reply to Alan. I'm working my way backwards on comments now & hadn't gotten there yet but congrats if you took it. With the indexes grinding around in a sideways range for the past 3 weeks, one can certainly step down to the very short-term (5-15 min) charts & attempt to game the little 1-2% swings within the range but my focus remains on the longer-term (weekly & daily) as well as the 60-minute charts recently & at this time.

By: Alan

Alan — Tue, 03 Jun 2025 16:46:43 +0000

Randy, I posted a chart yesterday of NQ and said it looked it very bullish short term. I am surprised you didn’t comment on it. The market is looking to retest the recent highs. I have been selling puts but should have bought a call instead. here is chart I posted yesterday. NQ is up 300 points since.

By: hotrodricky

hotrodricky — Tue, 03 Jun 2025 16:21:03 +0000

In reply to HermonMunster. scaling out of all short positions " I be wrong a lot"

By: HermonMunster

HermonMunster — Tue, 03 Jun 2025 16:04:37 +0000

get ready for another TACO pop.

Got an update from purchasing. We shut down 2nd week of July for lack of rare earth magnets from China. It’s too late to just put magnets on the ocean.

DHL, UPS, Fedex might get a pop from all the emergency expedites that will be needed between July and October.

By: hotrodricky

hotrodricky — Tue, 03 Jun 2025 15:03:22 +0000

Scaling out of sox & qqq