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So Many Negative Divergences. But Big Stocks Still Will Not Roll Over

With the DJT, RTY, /ZB, and /YM negatively diverging, it would be easy to say “short the SPX.” But until I see defined bearish patterns, I will back away from that strategy.

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Raghee Simpler Futures

OpEx Trading Day Recap

With metals on the move, trade in gold as well as FCX were on tap today as the monthly expiration has come and gone.

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The Language

Signs point to a potential blow off top with NVDA being the catalyst, let’s come up with a plan for managing our risk.

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$NVDA to $1,000?

The markets hit new all-time highs today following the CPI data. While I’d expect a dip at some point, the signals imply the dip should be bought. Let’s review some of the A+ setups on my watchlist.

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CPI and OpEx Gameplan

With two major events still to come, the volatility and expectations around rate cuts are in play this week.

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Markets Are Still Moving on Momentum, Not Fundamentals

With markets moving on momentum, traders do not care about the high P/E’s or the low dividend yield on the SPX… Yet.

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Earnings In Focus: Walmart

Walmart reports earnings on Thursday, May 16th before the bell. I think this ticker has continued bullish upside potential due to technical and fundamental factors. Check out the video to learn more.

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A+ Setups + 3 Day Squeezes

As the bulls have gained progress, there’s been a handful of A+ setups on the Big 3 indicator over the last week. Let’s review some of these trades, along with some setups for next week.

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Raghee Simpler Futures

Pedal To The Metal

Outperforming metals and mining are all too often overlooked. With strength in copper, gold, silver, and uranium, the trends are in place to find follow-through higher.

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Stars Align for Crude and Gold Stocks

There are coinciding signs that Gold, Crude, and U.S. equities are preparing for another leg higher. So let’s take a look at opportunities for equities tied to Crude and Gold.

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