To The Moon

Daily Trade Ideas Important points to take note of before the market begins for day/scalp traders. $SPDR S&P 500 ETF Trust(SPY)$ $S&P 500(.SPX)$ Source: TradingView Buy Calls/Sell Puts when the price is above 448.80. Take profits when the price reaches 450.40-452.50 or anytime when you’re in profits. [Great] Buy Puts/Sell Calls when the price is below 446.25. Take profits when the price reaches 442.20-444.50 or anytime when you’re in profits. [Great] $Invesco QQQ Trust-ETF(QQQ)$ $NASDAQ(.IXIC)$ Source: TradingView Buy Calls/Sell Puts when the price is above 374.10. Take profits when the price reaches 375.60-376.70

Market OverviewWall Street closed lower on Friday (August 4) after a report of slowing U.S. labor market growth, and all three major indexes posted weekly losses as investors braced for more possible downside surprises a day after disappointing earnings from Apple.Regarding the options market, a total volume of 48,986,025 contracts was traded, up 25% from the previous trading day.Top 10 Option VolumesTop 10: $SPY(SPY)$; $QQQ(QQQ)$; $AMZN(AMZN)$; $AAPL(AAPL)$; $TSLA(TSLA)$; $NVDA(NVDA)$; $AMD(AMD)$

The U.S. Regional Bank Stock ETF is recovering from its plunge in early 2023, posting its biggest monthly gain since 2016 in July.U.S. regional bank stocks are recovering from their plunge in early 2023, with the KBW Nasdaq Regional Banks Index up 18% in July, which it the best month in performance since November 2016.In early 2023, regional bank stocks were hit hard after the sudden collapse of Silicon Valley Bank. The collapse sparked fears of a potential bank run elsewhere in the regional banking system. In order to ease the concern, the Federal Reserve adopted an emergency lending program in March to dispel those fears.The Fed's program boosted confidence by providing additional funds to ensure that banks could meet the needs of al