StockPickingEnthusiast 🇺🇸 @SPX_Enthusiast
Hit that Like/Follow button if you enjoyed my posts. 🚨 Not to be considered investment advice. Texas, USA Joined November 2018-
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Mr VIX is speaking 🗣️. Contraction leads to expansion. Had its first golden cross this week (50/200) since Dec, 2022. Tread carefully as an explosive move higher in the VIX is coming to a theatre near you. 💯🔽
Zoomed out: $SPY $SPX $ES_F
Just be aware… 👀 ⚠️
Price closed in the yellow intraday 🐻🚩but a gap up on Monday would void it obviously.. So I removed short term drawings and zoomed out to show that if $IWM gaps above 206 it's likely headed to 217-220ish... Regardless of whether it should be or not, this is the chart we have
Price closed in the yellow intraday 🐻🚩but a gap up on Monday would void it obviously.. So I removed short term drawings and zoomed out to show that if $IWM gaps above 206 it's likely headed to 217-220ish... Regardless of whether it should be or not, this is the chart we have https://t.co/xKLcASKIOn
Chart update for $SPY 515-516 likely early next week, maybe Monday; which will then be the top of the 🐻🚩which I have NOT moved from this chart. Nor have I moved the two possible paths. The red path has played out perfectly so far, but I think SPY goes up to 515-516 first.
Chart update for $SPY 515-516 likely early next week, maybe Monday; which will then be the top of the 🐻🚩which I have NOT moved from this chart. Nor have I moved the two possible paths. The red path has played out perfectly so far, but I think SPY goes up to 515-516 first. https://t.co/GhL7lkYmoD
We might just have to wait for the #USDebtDowngrade which we all know is coming for the next leg of the sell off to the 200dma.. $SPY Reminder: MTJ to vote to oust public speaker next week. cnn.com/2024/05/01/pol…
Heads up QQQ This WHITE trendline WILL be a battle-ground that will be heavily defended by the bears/bulls alike. It's all that matters to me on this QQQ chart.
Another gap up on $SMH above that 221-223 area, and it will retest ATH again; does NVDA push it above?
Another gap up on $SMH above that 221-223 area, and it will retest ATH again; does NVDA push it above? https://t.co/0VgXwkodxq
It's like watching the movie #Inception when you look at $IWM here today. A 🐻🚩 within a 🐻🚩⚠️⚠️⚠️👀👀
It's like watching the movie #Inception when you look at $IWM here today. A 🐻🚩 within a 🐻🚩⚠️⚠️⚠️👀👀 https://t.co/wlezpi3OVe
While Berkshire (BRK.B) looks kinda bullish; some of the insurance names look like they have further to correct... $PGR $BRK.B
We about to LEARN A LOT about what big money institutions/traders think about this market and the macro-economic setup for next few months with this today's close... Bull above 512 Bear below 510 $SPY
If you've been following my guidance on $HD you've made quite a bit of money in the past two months. This is where I ⚠️⚠️ anyone thinking of going long this thing as long as it remains below 350. Don't be a schmuck...
If you've been following my guidance on $HD you've made quite a bit of money in the past two months. This is where I ⚠️⚠️ anyone thinking of going long this thing as long as it remains below 350. Don't be a schmuck... https://t.co/Sf6sm6w2bu
Buyers have purchased on the "ASK" approximately $2million more of these 16 strike puts for June 18th. 👀👀
Buyers have purchased on the "ASK" approximately $2million more of these 16 strike puts for June 18th. 👀👀
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I like how in 1 week NQ nearly wiped out all of this year’s gains and then essentially regained itself in 2 trading days. 10 weeks of distribution and algos push the price right back up in 2 days. It goes to show that these algos can literally make anything happen. Anything.
Active inventory in North Texas is up 38% from April of last year...up 46% in terms of months of inventory.
Mr VIX is speaking 🗣️. Contraction leads to expansion. Had its first golden cross this week (50/200) since Dec, 2022. Tread carefully as an explosive move higher in the VIX is coming to a theatre near you. 💯🔽
🚬 (black lung level inhale)
@lindsaystamp3 Internal job promotions are almost always about internal politics. It’s easier to move up by applying at a different company.
For the last 4 weeks, I’ve been going through an interview process for a promotion at work. I’ve been working toward this promotion for some time. After 3 rounds of interviews, I found out that they went with another candidate. I was prepared, I did my best and I got some…
$NDX - A 2% up day after a big gap that closes below the 50 day MA smells like a bull trap. This is also a potential 43 day cycle high with a 1 day delay. If there's no bearish reversal on Monday and it closes above the 50 DMA, the April 19 low will be confirmed as an IT low.
This market finds itself in a pickle. Can't rip it to hard..Jpan looms. Very fragile as it relates to "Length of rope" in which to quickly repair. I'm starting to subscribe to the endless range chop theory until elections
@ramib Fair enough. My two biggest clients right now have the equivalent of 2019 budgets for IT spend. Obv that doesn’t mean most of the market does, but I think that’s the realistic expectation moving forward if it does come to that I highly doubt the market stays the way it does…
@randomrecruiter The thing is that extremely low rates aren't normal. ZIRP era was special, but even before it the rates were already low historically because of the economic crisis of 2008. Fed cut rates in 2008 to stimulate investments and tech grew fast. ZIRP increased it on steroids.
@SPX_Enthusiast If they can gap it up another 2% we could be right back to highs on Monday
@SPX_Enthusiast Great advice! I've been following your tips on $HD and it's been financially rewarding. Always appreciate your insights. Btw, @Alphanso_AI currently rates $HD a HOLD with a neutral overall rating of 7.2/10
this is, in short, why I took the red light for bonds off my Risk Radar on Wednesday -- yields should have a harder time climbing from here, but not for the reason many hope: x.com/OJRenick/statu…
The 10Y has been stuck at 4.65% for three weeks, and yesterday's ISM disaster presents a new possible economic outcome that might limit upside in yields. So bonds went yellow on my radar. Dollar can still stay bid though, esp if mkts "de-risk:"
@SPX_Enthusiast Daily 'abandoned baby' candle with open gap below - may suggest short squeeze nearing exhaustion