cctrader @cctrader6
Joined January 2013-
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Maybe this market falls apart or I get stopped on my positions and have to go back into cash, but as far back as I can remember (41-years trading), when there's a bunch of stocks setting up and I'm nervous as a long tailed cat in a room of rocking chairs (as many are right now), a leg up ensued. As I said earlier, I would like to see the IBD50 breakout. Mid caps and small caps joining the party would likely give us an "easy dollar" trading environment.
The "hot" CPI was not that hot, and will probably not have much effect on future Fed cuts. The upcoming election is the overhang on the market keeping volatility elevated. Although, election years tend to be bullish the last 6 months and post 6 months of the election year. minervini.com
Mild inflation is better than deflation that leads us to recession. As long as the economy is not growing "fast" (much more than 3%), the goldilocks balancing act can keep the bull market alive.
The "hot" CPI was not that hot, and will probably not have much effect on future Fed cuts. The upcoming election is the overhang on the market keeping volatility elevated. Although, election years tend to be bullish the last 6 months and post 6 months of the election year.
Jobs expected at 200k What happens if at 400k. >> 3900 What happens if 100k >> 4109+ Ah but there is something even more important then the jobs number. It’s the revision to last months 500k+. What if it’s revised down 200k from that 500k. Only 1 sam. Join us. Be ready
@markminervini @franklupu What's possible percentage pullback this time for SPY in your opinion?
There are 4 keys to winning and becoming a champion in trading and anything in life: 1. Wanting to win 2. Training to win 3. Expecting to win 4. Feeling deserving of winning
Lrcx Nvda bidu fsly zm tlry abnb. Rippy rippy. If Tsla goes 20 it’s up 80
Nnox if breaks 102 will blow and go so fast. Kind of like that one day in “band camp “
Lrcx Klac Amat asml in tandem. Kind of like you wifey and...
Oh my. Funds goona bend over or bend the knee
Piper Sandler's Alex Potter increased his $TSLA price target from $515 to a street-high $1,200. "2020 was a breakout year for TSLA, but in our view, the fireworks aren't over. Even after a 10x return over the past 12 months, we don't think investors should be selling this stock"
So many folks (esp. the media) are missing the complete backstory on $GME and how we got here. This has been simmering for over a year and the story behind it is great. I’ve been tracking this since September and devoured all of the details from the origin through today.
If that gets legs Spx down 200. If robinhood good goes down it will crater wall street banks like leh did. People ate inherently stupid. They think it can’t happen. it can. Why didn’t Melvin take lose close position. Why didn’t citadel close Melvin down why put in more money
@smartertrader Sam did you see this?
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