$Invesco QQQ(QQQ)$ Mathew being here is another sign this is getting crowded. He tends to show up late on the short side. I would not be surprised if we get a 3% up day before long.
$SPDR S&P 500 ETF Trust(SPY)$ My calls are only up 50% in 15 minutes so far. Normally they'd be up at least 250% by now. Something feels off here. Should be at 500% in 30 minutes, so I'll just wait another 15 minutes and see.
$Invesco QQQ(QQQ)$ The McRib sandwich coming off the menu and/or McDonalds hitting around $270-275 are the correct signals for the real rally to start and sentiment to return. You won't be ready unless you properly prepare for it. But I'm just waiting patiently for 679.99 to fill.
$Invesco QQQ(QQQ)$ We're in a waiting mode for things to unfold. The only fact right now is that tech is down significantly, and it seems less likely to keep falling than to stabilize and build support. Still in the trade and bullish.
$Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ We have full control of the Strait of Hormuz. Iran needs a deal more than we do, since the sanctions are wrecking their economy and currency. The media keeps pushing FUD and fear to build a blue wave for the elections.
$GoPro(GPRO)$ GoPro announced a definitive merger agreement with Starman Optical, a U.S.-based optical-photonics company. Under the terms, GoPro shareholders get a total cash payment of $285 million, or $1.14 per share, while keeping roughly 10% ownership of the combined company. The deal also repays GoPro's outstanding debt of about $92 million, leaving the balance sheet substantially debt-free. Expected closing is set for the end of 2026. In other words, this looks like one of the more guaranteed and no-brainer setups in the market right now. Retail investors should be looking at this discounted price. Just my honest opinion.
$SPDR S&P 500 ETF Trust(SPY)$ Brutal earnings. I need to scrape together some cash so I can buy this dip. Still looking toward the November bounce and a Santa Rally.
$SPDR S&P 500 ETF Trust(SPY)$ Irrational exuberance in the massive stacking of doom puts is creating an elevated 4.13 P/C ratio, which could easily trigger a GEX gamma squeeze.