John @market_sleuth_
God is the source of my purpose & direction: Job 42:2 ~ I also unravel stock market riddles.ššš Annapolis, MD Joined November 2016-
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Good morning! $SPY is reaching to new ATH's again as it continues in a solidly bullish context. However, divergences abound and today I might pull the trigger & begin adding puts that would expire in Jan. I'll post if & when I do (expiry & strike). Good luck on your trades!šš½
Today was the lowest volume print for $SPY in 2024. It was also the lowest volume print on the 3rd trading day in December since ā¦ š„ā¦ the year 2000!
A daughterās advice. In 2012 my first book was published & it hit the #22 spot. It went out of print in 2019 & is now being updated to be released again in 2025. When my dear Abigail heard this news the other day said to me āDaddy, please write a wisdom book. Write about allā¦
I love dress rehearsal! š©° We have 149 dancers this year for the 2.5hr performance which runs 4 shows next weekend (with 2 nearly sold out). My daughters have 6 roles combined for Act 1 & 2. ā¤ļøšļøš
šļø$SPY another ATH & with CRMās blowout earnings itāll be pushing higher tomorrow as itās doing AH. $SPY continues in a bullish context & itās not the time to buy puts. $610 is likely next. No chart today as Iām at the dance studio given itās Nutcracker dress rehearsal week! š
Folks need to understand how trading works. We can make a call such as "I'm buying puts on Fri or Mon" (made on an assumption the price action would go the way I thought). But it when it doesn't you DON'T take the trade! That's how dynamic markets work. This book tells it all š½
@gooooooogleeer I'd suggest this book.
@BSBG0731 @crooked_max It's nice to cherry pick to prove what Brent? Unfollow if you can only criticize.
With all the āRoaring Kitty is going to jailā posts on X can anyone explain to me in 5th grade English how sharing a legal trade you made in a company with $200M of your own money is illegal? š½
The Magic Bunny gets extra carrots! š„ $SPY at $587+ as I type this. āŗļø
@WenBananas @SpoozDon Not unless the āMagic Bunnyā agrees š¤£.
Yes this ornament is on my tree. šš
No positions in both my TOS & Fidelity trading accounts. Itāll likely stay that way until post $NVDA aside from a few scalps.
Weāre all ready! šš š¼š¤£
Itās that time! šš š¼
@drfarahsutton What about a photo of āThe Magic Bunnyā? šš©š°
Even dipped below $585 āŗļøš½
Yellen made a call to Powell after the election & said "time to change the narrative buddy!" š¤£š¤£
The 'Magic Bunny' has spoken. š©š°. He says: "$585 is strong support & it's OPEX day. Hence, they could drive it down there & pop it at the close. Be careful here. Note: $585 was the LOW on the 11/6 gap up open @ $589 when $SPY closed that day at $591.
Just $4 to go to tap $585. Can she do it today? š
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