$NIO Inc.(NIO)$ day chart:@ACInvestorBlog$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $1X NIO(NIO.UK)$ weekly candle is now above the weekly MA30 which is something that stage analysis suggest determine if the stock is in a uptrend or not. If you look at the price action since 60$ you can see that the price has failed to stay above it. And the weekly RSI is right at 50, it has failed to break and stay above it since 2021 (unless the july rally last year) @Eagleinvestor_Can it break above it going forward?

$S&P 500(.SPX)$ Wants to trade $5800. Place your bets. Bull flag breakout on Friday, lets see if we can get a continuation this week. ImageDont have to look too far to see price puts a bottom, then rally's up. Post that rally its normal to see a sideways consolidation and higher low being put- We got that last two weeks . Two things I dont do: 1. Spread unnecessary fear for likes. 2. Over look what I see on the chart. Going to be spending less time here. Summer is almost over and need to enjoy it while I can. Will try and continue with timely posts on Indices and Stocks. Its been a fantastic year already. Caught many cycle tops and bottoms over last few years with you all. Remember rest is also needed in this or any business.

Here’s a chart of the S&P 500 index from 1980 through today. Never let short-term fear control long-term decisions. Just shut up and wait:Image

Today looks like an absolute bloodbath with $SPDR S&P 500 ETF Trust(SPY)$ down -2.9%, $Invesco QQQ(QQQ)$ down -4.5%, $iShares Russell 2000 ETF(IWM)$ down -5.3%, $ARK Innovation ETF(ARKK)$ down -7.8% This looks like March 2020 or what I was expecting if China invaded Taiwan. I'm surprised we're seeing this much selling because the FOMC didn't cut last week, because recession fears have increased, because $Berkshire Hathaway(BRK.A)$ sold some $Apple(AAPL)$ , because $NVIDIA Corp(NVDA)$ is delay

$Tesla Motors(TSLA)$ bull flag is playing out to perfection. Expecting the move to $240 and rejection once again to test $200. @pdicarlotrader

The $NASDAQ(.IXIC)$ $Invesco QQQ(QQQ)$ ($QQQ) had its biggest one day drop since 2022. Investors have been asking me why the sudden drop? What has changed in the last 24 hours? Two main reasons. Markets move in waves. After a wave up, there is always a wave down. After an extended wave up, the $QQQ was due for a wave down. Seasonality. Look at the second chart below. During Election years (since 1950), the market historically falls on the 3rd week of July. This was a textbook pattern The mainstream news will come up with all kinds of bullshit reasons to justify the drop ... comments from trump, geopolitical concerns blah blah blah The reality is that in the short-term, market prices are all manipulated by

$Rivian Automotive, Inc.(RIVN)$ is trying to close back above its 200D SMA for first time since January.Expecting $Rivian Automotive, Inc.(RIVN)$ could run up again to retest $16.35s area here and potentially run to $20 in July

BREAKING: Keith Gill aka Roaring Kitty aka DeepFuckingValue of $GameStop(GME)$ GameStop fame files a SEC 13G for $Chewy, Inc.(CHWY)$ , Chewy for 9,001,000 shares, or 6.6% of the company. He identifies in the SEC filing as “not a cat”.From the options chain, we can the Implied volatility is over 100%, seems high for both side.A good time to Sell call or Sell put to earn premiums?

$Tesla Motors(TSLA)$ looks like it's about to have more fun again here at this 1$99 resistance.The hourly consolidation & squeeze looks ready to fire off after that breather today and break $199 for $206 on Friday if this can follow through.Thats the big target. $220 is on the horizon but lets see how we do at $206.Breakout for $TSLA incoming. Robotaxi, analyst upgrades, good China sales numbers. $Tesla Motors(TSLA)$ It’s going higher and I have calls. $Direxion Daily TSLA Bull 2X Shares(TSLL)$ - $195 August 16th, 2024 Paid 9.75 going for 17.38 - $500 January 17th, 2025 Paid .80 going for 1.23