"Hey guys, I’m considering diving into options trading with $iShares Bitcoin Trust (IBIT.US)$ . While the potential for profit is exciting, I can’t shake some worries:
– Volatility: Bitcoin’s price can jump or drop thousands of dollars in a day. How do you manage this risk when trading options?
– Liquidity: Are IBIT options actively traded, or could I face challenges entering and exiting positions?
– Leverage Risks: Options are powerful but un...

$SPDR S&P 500 ETF (SPY.US)$  So your telling me it hit 601 and has rejected ever since... That was an easy short so far.

$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$  Doing a lot of updating of my charts tonight considering I swung puts on QQQ today. Actually identified two ascending support lines I had overlooked on SPY before that converged and could have predicted the August 5th bottom (wild).
All right. If SPY pulls a rabbit out of its butt and breaks this main resistance line the next one is very close, around 598 tomorrow, and if THAT breaks, next major resistance won't be until around 612. That la...

Thursday marked a significant milestone for the US stock market, with the $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ reaching new all-time highs. This surge in the stock market continues as part of the post-election rally, further fueled by the Federal Reserve's decision to cut rates by 25 basis points, aligning with expectations.
Analysts at Evercore ISI Research suggest that this stock-market rally is far from over. ...

Tech stocks supported the broader market, with the $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ rising for the second consecutive day. $Tesla (TSLA.US)$ led tech giants with a 4.8% increase, while $Amazon (AMZN.US)$surged 3.9% to a record high, breaking the $2 trillion market cap for the first time. $NVIDIA (NVDA.US)$ , which was down 2.8% intraday, managed to close in the green. $Microsoft (MSFT.US)$hit new highs for two days, despite underwhelming reven...

The rebound in the US stock market continued for a second day. 6 out of the Mag 7 rose, with Amazon hitting all time high.
On a side note, don’t forget PCE inflation data will be out on Friday, and there will be rebalancing of portfolios from fund managers on the last day of the quarter, month, and first half of the year. Hence, expect high volatility.
$Tesla (TSLA.US)$ $Microsoft (MSFT.US)$ $Amazon (AMZN.US)$ $Palantir (PLTR.US)$ $GameStop (GME.US)$ $Apple (AAPL.US)$ $Meta Platforms (META.US)$ $Arm Holdings (ARM.US)$ $Taiwan Semiconductor (TSM.US)$   ...