Madluvyz
05-19

Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.

With S and P 500 and QQQ opening at lower levels today, VIX has not spiked yet. So major market players are not in panic mode right now. However, money is shifting to defensive sectors from the tech sector, continuing the trend from last week. 

Both the indexes are heavily weighted on mag 7 and tech sector, so trade with caution if you are still bullish on the index. Set your trailing stop loss and stick to your principles. 

@Madluvyz - Specialist in combining FA and TA for options selling and swing trading.[666]  

Nasdaq 100 Breaks 30,000! How Do You Trade After New Highs?
The Nasdaq 100 breached the 30,000 milestone for the first time, driven by Micron's 18% surge, completing a doubling in under three years since the AI wave began in late 2022. The S&P 500 simultaneously hit an all-time high, with Tom Lee declaring the 'Mag-7 bear market officially over' as AI chips posted five consecutive days of gains as the primary driver of the breakout. Does the Nasdaq's first close above 30,000 mark a mid-cycle acceleration in the AI bull market — or is a reversal at this historic round-number level a risk worth watching?
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.

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