Samlunch
11-13
$SPDR S&P 500 ETF Trust(SPY)$  


📈 $SPY BULL FLAG INTO CPI?

• CPI out in a bit and market is consolidating.

• Breaking 600 602.5 and 605 open for the bulls.

• Looking at the internals I feel a gap and fade might be in order, although seasonally it is very strong tomorrow we can see that fade into the end of week.

• Currently we are dealing with some euphoric levels and any dip in the market is good to capitalize on.

• Hopefully we do not get any ISLAND TOP tomorrow and you very well know what that means.

FLOW UPDATE: $GOOGL 185C $SPOT 425C and $NVDA 155C were on the flow today. $MSFT longer dated calls were being picked up.


S&P Target 6500? Is It Safe to Invest at High Levels?
With $.SPX(.SPX)$ recently surpassing the 6,000 point, major institutions have expressed optimism about the U.S. stock market's outlook for next year: Morgan Stanley: Set a base-case year-end 2025 target for the S&P 500 at 6,350 points, with a bullish scenario target of 7,400 points. ---------- Will you still invest in US stocks despite of high valuations and low risk premium? Can $.SPX(.SPX)$ hit 6500 as analysts suggest?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment