Perfect call randy. I was lucky enough to hear your noon.
Talk, talk and got rid of my shorts.. To the moon tomorrow. I was gonna ask on the swing trade ideas. How do we know if those are long or short P l a y s.

I still think QQQ & some of the Mag 7 stocks that have fallen to their 200-day MA, such as GOOGL, will likely bounce, starting with a rally into the close today & quite possible into tmrw & next week if the market likes what AMZN reports tonite. Can say my convictions are super-high but worth it for me to be net long right now.

I don’t have a strong opinion on where MSFT goes from here other than more so the intermediate to longer-term outlook (months to year) which is much lower. MSFT is likely to trade roughly inline with QQQ in the coming week so or, which is likely to be a choppy & volatile week with AMZN on deck for tonight & AAPL after the close next Thursday.

We’re in that danger zone with QQQ below my key 354ish support & most of the Magnificent 7 stocks either testing or just below those key purple support levels I’ve been highlighting in recent weeks.

Essentially, the stock market is testing the upper range of the red line on its tachometer right now so the risk of blowing the engine (i.e.- a crash) remains elevated unless these big tech stocks can successfully hold or snap back above the key price & 200-day MA support levels they are currently testing or in close proximity to.