No Gas in the Lamborghini Part 2
The markets have broken bullish-structure this week in the context of a handful of bigger timeframe squeezes. Will this action trigger the pullback to the weekly 21EMA for $SPX + $QQQ? Let’s discuss.
The markets have broken bullish-structure this week in the context of a handful of bigger timeframe squeezes. Will this action trigger the pullback to the weekly 21EMA for $SPX + $QQQ? Let’s discuss.
Combining historical volatility with the current reading on the VIX can help us understand the current challenging environment.
Many sentiment indicators are saying we SHOULD have an equity rally. But the continued rise in interest rates makes that harder to accomplish.
Tesla got crushed today, with a -5.59% move lower on news that Elon Musk is cutting the workforce by 10%. But, I don’t think the pain is over for this stock and that’s why I’m shorting it. Let me show you why.