$Alphabet(GOOGL)$ Took a hit on Friday from triple witching, similar to what happened with META. Now I'm looking to recover every penny. $350 looks like the floor, and $360 is the ceiling for the coming days. Evercore and Tigress have raised their price target to $485.
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ From AlJazeera: Qatar's Energy Minister and CEO of QatarEnergy said the state-run energy company is producing a very minute amount of LNG, and the country could resume normal gas production a few weeks after the Strait of Hormuz is reopened. At the Qatar Economic Forum, Saad Sherida al-Kaabi said critical equipment was unable to reach Qatar due to the Hormuz crisis. There is very minute LNG leaving Qatar right now. Qatar is the 3rd largest LNG exporter in the world, usually exporting 77.2 million tonnes. The US is the biggest, followed by Australia. This means over 50M tonnes of LNG isn't being exported. This incr
$Meta Platforms, Inc.(META)$ I've been saying this for two years now, and I said it again nine months ago. The stock has been stuck in the mud, but it's been good mud, and now it's starting to lift. It's still not too late because it's going above $1000. You have two geniuses here, Mark Zuckerberg and Alexandr Wang. They're going to be massive leaders in artificial intelligence. MUSC is already number one in the App Store after just a weekend, and now it's available on Windows. The Connect meeting is coming up next week. It's going to be gigantic, humongous, bigger than the IPO at these levels before you miss out.
$Meta Platforms, Inc.(META)$ It would have closed above $766, but with options expiring the market makers pushed it down to $763 right away. For the end-of-week expirations, the position still looks safe and should pay out.
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ The slow AI narrative was used to drop stocks today, and everything AI-related took a dive. With the All-In conference having SpaceX and Microsoft speaking tomorrow, I'm hoping for a bounce. AI isn't going anywhere whether we like it or not.
$ProShares UltraPro Short QQQ(SQQQ)$ Next setup before the upside continues, looking at the 5 minute time frame. Buyers stepped in at the intraday lows, which happened to be around the critical liquidity level at 39.15. Price action then broke and held above the 9 ema, confirming a reversal. Price targets are 39.75 and 39.86+. $ProShares UltraPro QQQ(TQQQ)$ $Invesco QQQ(QQQ)$ NQ_F
$Meta Platforms, Inc.(META)$ looks strong on the 15-minute chart today. My USO.X short is covering the whole week so far, so things are working out well.
$Invesco QQQ(QQQ)$ QQQ price action anticipated a buying opportunity at 683.44 to 644.56, where longs managed to secure partial profits and now hold the remainder risk-free. Looking ahead, corrective pullbacks against 656.22 are expected to find support and set the stage for a turn higher. Trade the Blue box. High frequency areas.
I didn't see this unique advantage $Meta Platforms, Inc.(META)$ had with AI until they launched MUSE recently. Glad I index at times like this. YouTube has plenty of unique advantages through Gmail and YouTube itself, but not this one. $Alphabet(GOOG)$
$SPDR S&P 500 ETF Trust(SPY)$ SPX.X$Invesco QQQ(QQQ)$ Nice, I'm trading the TradingView Leap contest and just realized I'm up 36k. Wish my regular accounts had overnight margin available more often.