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$NVDA daily, novice gap and trap? Starting some shorts.
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@JackDawKlaxon
@danielcrosby
Well evolution of the addiction to soda and sugar directly is usually the issue. Cutting out soda and replacing it with other sugar could be the issue. Wife in medicine and it’s rather sad how the evolution of health deteriorated with the acceptance of sugar as ok.
$META daily, dead cat bounce and fail?
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Ask yourself who you’re following and how they missed this set up. Painted the picture all week for the Powell disappointment. My best trading day of the year. Could stop trading but I’m here to teach and let the shorts go. Expecting some weakness and chop next week. 🙏🙏🙏
$COST daily, nice pop to the 50d SMA, Short?
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If you’re a bull in this market buying the lows like we have to end this week. You got to love the retest on a Friday. The market makers love re-testing areas. Now that it’s out of the way, the seasonality of next week should be up.
@Jhinster1
Miners are not safe near term. Not sure why people are pumping such. It’s a bear market. When these names puke with the market and vix spikes then buy. Can’t do it before. Nothing rational in these market. Been trying to help.
No daily market review tonight. Watching the Nuggets game after a long day with family and resolving family issues. Sorry again, but please understand I need a little mental break tonight.
As most of y’all know I’m a big believer in the commodities bull market to come once the market capitulates. Building back my old commodities workspace. Been dormant since 2008 essentially. Give me you best names. Not the penny stock trash names that blow out.
Daily Market Recap for Monday 9/26/2022 for
#Stocks
#Oil
#Bitcoin
#Gold
and
#Silver
When in doubt raise cash. Overtrading is going to hurt a lot of folks. Know your levels and be wary of your worst-case scenarios and max pain tolerance.
I Don’t think people realize that the metals are not immune from the wash out that it’s coming from the market. I’m not saying it’s going to get destroyed like the market will, but they throw the baby out with the bathwater every single time.
Too funny, never amazed how badly fintwit misses the obvious games and traps the markets play. We said all week, Powell isn’t pivoting. Bear Market rally peaked. Pro gap down followed last week. Chop all this week. Then the flush. Easy to see. Follow for more insights.
Weekend Market Review for Sunday 3/5/2023 for trending Stocks, Oil, Bitcoin, Gold,+Silver. In this weekend's market review, we will talk about the levels that matter, what to expect going forward next week, and why we're looking for trades to the downside.
What if AMD guiding down and jobs number gap the market down at the AM and we rally strong? How else would the MM trap both sides? Then weed, $AMD, laggards rally to trap the bulls to holding. In a week or two, we just rug pull after that. Know the market makers and how they do!
I still think this is a bear market 100%, however along the way there’s going to be pops. You have to look at the market in a way that you make sure you understand that it will not get from point A to point B in a straight line.
You get two down days in the market this week and it’s like the bullishness never even ceases. I’m genuinely concerned that the market is going to have a monster dump coming up sooner than later. The complacency is rather interesting.
Friends and followers. There’s only one person I actually pay attention to in the market. Most folks are social media stars pretending to trade. JP is a Jedi. Worth a follow if you like my work. Cheers.
I'm seeing and hearing from more and more people that layoffs are coming... I think it's being built up and will be a "shocker" in a Jobs Report soon. Maybe not the very next one, but I'm thinking in the one after that it could start showing up.
Weekend Market Chat for Saturday 10/8/2022 for
#Stocks
#Oil
#Bitcoin
#Gold
and
#Silver
Know your levels. Markets are about to get crazy or more chop. Saved the best for the end. Cheers
The problem with all the fools on social media always trying to predict the market, is that they can’t. I will give you folks the best ideas and probability set ups out there, but do not believe that I can’t lose nor anyone else can as well.
Trying to warn folks the path of least resistance is up for the market. Down for the laggard. At some point they’ll follow up too. Be safe. Seasonality says there’s more up to come.
PM am might become a slaughter. I could be wrong but I’m seeing so many signs of retail capitulating into metals at the highs. Odds say it ends with a flush down first.
A bear market is a traders market until the last leg down. Don’t forget it. Bears and bulls both get rung if they don’t trade around their positions. Avg person can’t do it hence why most lose during bear markets.
So every retail trader who sold their puts to the MM this and last week is now scrambling to buy them back. Same folks went bullish at the highs. We'll see how tomorrow am plays out. Might be a near term bottom at the levels we will discuss in the recap. Cheers
Keep in mind the end of the month position squaring and profit taking. Today should be a retest the Monday lows and pivot day or the near term bottom. Cheers.
Sorry I’m out of the office. Hope folks are managing positions. New month new money always has to be in the back of your mind. Trading around positions has been lucrative. Cheers.
If you want to see, Congress, come together and get a bipartisan resolution, you’ll see it quick for them to shoot this down quick. All those crooks in Congress are now millionaires.
It can be hard for the average person to see how the mechanisms within the market work. Just be aware that the market makers goal is to take the most amount of money from the most amount of people. If they’re an inventory seeking mechanism, retests are the best way to unlock such
In this weekend market review we’re going to talk about what to expect going forward and how the volatility should pick up next week into options expiration. However a big move might not happen until the following week. Be safe during chop ex.
I’m always curious to see folks reactions. Our reactions are usually molded by our emotional state of mind. Getting mad or hurt by strangers opinions is a choice. People who know me know my goal isn’t to insult or hurt folks feelings. Just observing what I see.
I’ve been trying to warn folks about the novice gap chop we’ve been in for a many days now. It’s all looking like such was correct. Please be safe. Appreciate all the love and support.
Warned folks 100 times that yesterdays action wasn’t indicative of a base in the market. Just a squeeze. The credit markets are talking if people are listening.
One of those days where the communication is high. Bull market back on but the world is on the brink of collapse. Too bad we don't know how it plays out. Stops are your friend.
Another great week. Make sure you withdraw money out of your accounts. We’re running a business. Not gambling. Pay yourself a living wage. Earn your account balance growth. Bigger accounts mean bigger mistakes. Pay yourself first.
Daily Market Review for Thursday 12/29/2022 for
#Stocks
#Oil
#Bitcoin
#Gold
and
#Silver
In this market review, we're going to chat about how the evidence looked indecisive over the last couple days. It looks like the Bears got slapped around today.
For one week only, opening the discord up to the public. It's always free, we won't ask for anything other than an open mind and desire to learn. We make money from trading, not asking others to pay for services.
Keep in mind the CPI is coming tomorrow before the open. If you're trading around your positions, make sure you lock in some gains and have cash available.
#Gold
and
#Silver
bulls please leave the metals alone. The past says wait for the feds to pivot and the first major spike in the $VIX before buying for the uptrend. $GLD $SLV $PSLV $GDX $GDXJ $SILJ
Trying to be humble and just an observer. Seems like the death blow for bears still higher. Thought the 200d/channel highs would be the top for weeks but something isn’t changing. That’s bearish sentiment.