Canada cut, euros expected to cut today. The FED will cut too imo.

I’d wait for a pullback to support. Personally I don’t trade SPX but individual stocks. I like CPB and PFE as long trades.

Tom Lee says the market will be up 4% in June.
He’s been right on again this year, only not bullish enough.

Its a Marginal new High with Bearish Divergence still intact. Its an objective level to go OR and on to the Short LOL!

Come on now. You made those trades.

I know this was addressed to Becky, But it really depends on your strike price and expiration date.

However, it’s important to remember that jobless claims come out tomorrow. If the number is higher than expected, I think the market will continue to rally on the hopes that the Fed will cut rates

When you think the market can’t go any higher….it goes higher.

Since 1950 average bull market gain is 168%… We’re up “only” 50% off the October ’22 lows.

He said he manage 6 to 8 accounts of his families. I bet he’s not day trading on all of those which means he’s ruined his families account too like ours!

You can’t be serious!

Hey Becky, if you had to buy puts or calls at this point (5 min ago) on the SPY, what would you do?

Randy TA is working out perfectly so far just shy with Couple Hundred Percent on NVDA and 50% shy on QQQ lmao!

S&P NEW ALL TIME HIGH !!!

S&P up 50% and the Nasdaq up 70% off the Oct’ 22 lows…
I call that a bull market.

We’re going to marginal new high ourselves to S&P 6000 &
Nasdaq 20,000

And Nvidia 2000 this year, why not, if it can up 12 fold in 20 months….2000 is less than a double.

$NVDA has reached 461.8% extension projected from the 2022 range. The past three 61.8 extensions have signaled short-term tops. And $AAPL loks like it’s likely putting in a short-term top. Could be time to rotate out of some of the bullish QQQ trades and broadening into other areas and stocks.

“Marginal new high!” Such a funny term! What do you call a continuous series of ongoing marginal new highs? A massive bear market waiting in the wings? Or just a strong uptrend in a bull market?

Randy is away for most, if not all of today (Wednesday). He may be back late in the day.
I believe he does go on vacation for at least a week later this month.

Seems to me when Randy goes away the market rockets higher ????

no, he’s in hiding

it’s just a marginal new high, until the next marginal new high comes
Does this mean the bearish engulfing candles are kaput ?

ALSO……. NQ 19,000

Stop justifying the losing strategy. Drop your losing trade. Recognize the pattern. Understand the fundamentals.

https://www.cnn.com/markets/fear-and-greed