SPY and QQQ, Bullish Or Bearish Right Here, Right Now?
And what about TSLA and NFLX earnings? As they say at Six Flags over Texas, it is time to strap in.
And what about TSLA and NFLX earnings? As they say at Six Flags over Texas, it is time to strap in.
I like to have at least 3 reasons to initiate a trade. Today, near the opening, we saw internals were improving and the IWM soaring, while the SPX made new lows. We then waited for a cross of the 1-minute ATR trailing stop to go long.
Follow-through relies on it and here’s where the relative performance is waiting in the current environment.
LRCX has an overnight earnings setup due to the stats I can see in my Hot Zone. The market makers are pricing in a bit higher move than this stock typically has, so I’m taking this opportunity to sell premium and capitalize on the volatility crush.