102331349
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Let's keep on ROCKIN' 🎸🤘 Because as long as the music is playing , we dance 🕺 💃
HATS OFF TO THE BULLS! by the Illinois hard rock band Chevelle (I was an instant fan when i saw them the first time, and i walk into the venue and the lead singer was yelling into a bull horn into the microphone 📣🎤🤯)
a link to the song 🎵
youtu.be/4MRLd1...
🎼 ALL OUR NEEDS PUT TOGETHER, DONT BLEED ON THEIR OWN. YOU PAID FOR AN EYEFUL, SO BEHOLD THE BULL! 🎵
$Super Micro Computer (SMCI.US)$
I CAN'T LOOK...
HATS OFF TO THE BULLS! by the Illinois hard rock band Chevelle (I was an instant fan when i saw them the first time, and i walk into the venue and the lead singer was yelling into a bull horn into the microphone 📣🎤🤯)
a link to the song 🎵
youtu.be/4MRLd1...
🎼 ALL OUR NEEDS PUT TOGETHER, DONT BLEED ON THEIR OWN. YOU PAID FOR AN EYEFUL, SO BEHOLD THE BULL! 🎵
$Super Micro Computer (SMCI.US)$
I CAN'T LOOK...
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102331349
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This is a quick update before I get my year outlook post done. We will "crash," but when is the question. For now, we are squeezing up.
This portion of the squeeze should end today or tomorrow 🤔 Maybe we run until the FED speaks next week. but I think this week is the top for this sequence. There is a full moon 🌚 tomorrow, the 25th. Things can get crazy on full moons. With today's meltup, we could put in a top today. Uranium and other commodities look good 👍 (steel) $Cleveland-...
This portion of the squeeze should end today or tomorrow 🤔 Maybe we run until the FED speaks next week. but I think this week is the top for this sequence. There is a full moon 🌚 tomorrow, the 25th. Things can get crazy on full moons. With today's meltup, we could put in a top today. Uranium and other commodities look good 👍 (steel) $Cleveland-...
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102331349
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The week is almost over. Jobs numbers come out an hour before open. We have run up, and I believe a pullback is needed. After the pullback, let's see where we go. I will make this quick to get it out before jobs. Less jib jab, just charts.
$E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$
it's pretty simple. if we break and hold 16980, then ~17500 is the target. If we break below 16700, then ~16000 is the target. Right now, price is over 17000. I would like a pullback at jobs releas...
$E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$
it's pretty simple. if we break and hold 16980, then ~17500 is the target. If we break below 16700, then ~16000 is the target. Right now, price is over 17000. I would like a pullback at jobs releas...
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102331349
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$ZIM Integrated Shipping (ZIM.US)$ ZIM enjoyed unprecendeted profitability during the pandemic, and now it’s enjoying soaring shipping prices because of the conflict in the Red Sea. Obviously, any news of easing tensions in the region means a drop in shipping prices. Because of this, I still wouldn’t touch ZIM with such volatile shipping prices.
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102331349
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Today is the day!
PPI comes out an hour before open and oil inventories get released an hour after that... but 2 hrs before the market closes, the FED fund rates get released (there shouldn't be any surprises), but the big dog, Papa Powell, speaks an hour later.
The market is over its ski's 🎿
and Powell has a history of putting it in its place. Can he do it again.
The QQQ almost hit my 400 target. That means it's at a great place to pull back. It's also a great place to bla...
PPI comes out an hour before open and oil inventories get released an hour after that... but 2 hrs before the market closes, the FED fund rates get released (there shouldn't be any surprises), but the big dog, Papa Powell, speaks an hour later.
The market is over its ski's 🎿
and Powell has a history of putting it in its place. Can he do it again.
The QQQ almost hit my 400 target. That means it's at a great place to pull back. It's also a great place to bla...
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102331349
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It's been a while.
So I will just get to it.
On my last update, I warned the market was getting "toppy." It is still getting "toppy. " it has moved within a range for weeks now. I still expect a spike up to 16500-16650 range. If it does not, that's fine too 🙂
Bearish divergences are forming... let's look at a few
$Invesco QQQ Trust (QQQ.US)$
$Apple (AAPL.US)$
$Meta Platforms (META.US)$
$Target (TGT.US)$
$NVIDIA (NVDA.US)$
$Disney (DIS.US)$
this is just a sampling of stocks that I'm...
So I will just get to it.
On my last update, I warned the market was getting "toppy." It is still getting "toppy. " it has moved within a range for weeks now. I still expect a spike up to 16500-16650 range. If it does not, that's fine too 🙂
Bearish divergences are forming... let's look at a few
$Invesco QQQ Trust (QQQ.US)$
$Apple (AAPL.US)$
$Meta Platforms (META.US)$
$Target (TGT.US)$
$NVIDIA (NVDA.US)$
$Disney (DIS.US)$
this is just a sampling of stocks that I'm...
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102331349
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Another update quicky
Overall, I don't want to buy anything here. I'm also big bearish overall.
$E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$
there are the levels. the NQ is building a triangle. below 14906 and look for more downside. above 15030 and look for more upside.
$Invesco QQQ Trust (QQQ.US)$
358.5 is the lower support for today with the high target today of 365. 361 keeps price within the triangle.
$E-micro Gold Futures(FEB5) (MGCmain.US)$
Yields up = Metals down. and yield...
Overall, I don't want to buy anything here. I'm also big bearish overall.
$E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$
there are the levels. the NQ is building a triangle. below 14906 and look for more downside. above 15030 and look for more upside.
$Invesco QQQ Trust (QQQ.US)$
358.5 is the lower support for today with the high target today of 365. 361 keeps price within the triangle.
$E-micro Gold Futures(FEB5) (MGCmain.US)$
Yields up = Metals down. and yield...
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102331349
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if you've been resisting the bear, It's time....
to protect your assets. Actually, the time was last month or the month before that, but anyway. Nothing good is coming. Nothing safe while everything gets adjusted for the higher for longer rate environment. If you followed me, you knew this was coming.
The FED changed their outlook for rates with higher projected rates for a longer period of time. They extended their rate projection for 2 years as well as took away 2 of the pr...
to protect your assets. Actually, the time was last month or the month before that, but anyway. Nothing good is coming. Nothing safe while everything gets adjusted for the higher for longer rate environment. If you followed me, you knew this was coming.
The FED changed their outlook for rates with higher projected rates for a longer period of time. They extended their rate projection for 2 years as well as took away 2 of the pr...
+1
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102331349
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Another very quick update.
yesterday played out perfectly 🥰. we drove down to 372 and bounced.
However, the bounce didn't hold, and we got another leg down overnight. That gives us a 5th wave, meaning more downside is likely.
Below is the NQ futures with my count and notes.
$E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$
there are bullish divergences shown in yellow. as well as a red mixed signal.
Jobs numbers get released an hour before open. I'm looking for a rally. This rally m...
yesterday played out perfectly 🥰. we drove down to 372 and bounced.
However, the bounce didn't hold, and we got another leg down overnight. That gives us a 5th wave, meaning more downside is likely.
Below is the NQ futures with my count and notes.
$E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$
there are bullish divergences shown in yellow. as well as a red mixed signal.
Jobs numbers get released an hour before open. I'm looking for a rally. This rally m...
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102331349
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A super quick update. it's been too long. I have a post coming, I promise. I still love URANIUM and any energy (solar, oil, natgas).
yesterday was not a bad day for some uranium Jr's 😆
I haven't been posting every day, so I feel bad for not sounding the energy alert loud enough. But it's not too late. watch for weakness to enter and HOLD.
As for the QQQs i expect down. We have some PMI data coming out shortly after open, and the FEDs beige book (notes from their latest meetin...
yesterday was not a bad day for some uranium Jr's 😆
I haven't been posting every day, so I feel bad for not sounding the energy alert loud enough. But it's not too late. watch for weakness to enter and HOLD.
As for the QQQs i expect down. We have some PMI data coming out shortly after open, and the FEDs beige book (notes from their latest meetin...
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