To The Moon

Thanks again to Tiger for awarding the weekly top predictions for SPY & QQQ. We’ve witnessed an incredible 7 green days out of 8 trading days since November. The best thing is that Monday greens, not blues is back again 😂 TGIF chasing away Monday blues? 🥳 The S&P 500 on Friday advanced 1.31% for the week to close at 4,415.24 points, posting gains in four out of five sessions. Its accompanying ETF: SPY added 1.36% and Nasdaq Composite jumps 2.4% for the week. The central bank chief's hawkish remarks at a conference hosted by the International Monetary Fund on Thursday weighed on sentiment enough to see the S&P 500 (SP500) snap an eight-day win streak, its longest such run since November 2021. However, markets bounced back strongly on Friday as traders largely appeared to

Ratings firm Moody’s lowered its assessment of U.S. credit outlook from “stable” to “negative” Friday, underscoring America’s worsening fiscal standing and the implications of political dysfunction. Investors, however, paid little attention to a Moody's announcement late on Friday. ⚠️ Trading tips: Looking at SPY calls above 440.2 and puts below 438.6 on Monday. Dip buy zone U.S. equity futures pointed 0.44 per cent lower, following Friday's 1.56 per cent rally for the S&P 500. Nomura Securities strategist Naka Matsuzawa said equities are likely close to a peak. "Up until now the market has been taking bad economic news as good news, because that would mean a pause in Fed rate hikes," he said. "But now, the Treasury market has already priced in a pause, so there's not much room for Tre

All thanks to Tiger for awarding the weekly top predictions for SPY once again ☺️ $SPDR S&P 500 ETF Trust(SPY)$ Bullish Banking News Update: First Republic Bank likely to be removed from S&P 500 as market cap has fallen below $1 billion. The U.S. Federal Deposit Insurance Corp has asked banks including JPMorgan Chase & Co (NYSE:JPM) and PNC Financial Services Group (NYSE:PNC) to submit final bids for First Republic Bank (NYSE:FRC) by Sunday after gauging their initial interest earlier in the week. Decision to be made over the weekend The FDIC is preparing to place First Republic under receivership imminently, after the regulator decided the regional lender's position had deteriorated and there was not time to pursue a re

Once again, I’d like to thank Tiger for awarding the weekly top predictions for QQQ and SPY today 🙏 Today, I wish to share which option do I prefer to trade: SPY or SPX. Before that, we need to under the background for each of them first. Same Same But Different? Though nearly identical in performance, there is an ocean of difference between the SPDR® S&P 500® ETF Trust (SPY) and S&P 500® Index Options (SPX). It is absolutely vital you understand the different nature of these two products before you place your first options trade. Both are fruits right? 🤔 The SPX, or the Standard & Poor’s 500 Index, is a stock index that is comprised of the 500 largest U.S. publicly traded companies by market capitalization, or the stock price multiplied by the number of shares it

Is There A Best Time To Trade? The opening 9:30 a.m. to 10:30 a.m. Eastern time (ET) period is often one of the best hours of the day for day trading, offering the biggest moves in the shortest amount of time. A lot of professional day traders stop trading around 11:30 a.m. because that is when volatility and volume tend to taper off. Once that happens, trades take longer and moves are smaller with less volume. The middle of the day tends to be the calmest and most stable period of the trading day. During this time, people are waiting for further news to be announced. Because most of the day’s news releases have already been factored into stock prices, many are watching to see where the market may be heading for the remainder of the day. In the last hours of the trading day, volatility and

What Is The SMA? The simple moving average (SMA) is a popular technical analysis tool. The simple moving average is a lagging indicator because it is based on past price data. The longer the time period of the SMA, the greater the lag. While the SMA is a helpful technical analysis tool, it is best used along with other popular indicators such as trendlines and volume analysis. In most trading scenarios, the SMA is plotted on a price chart along with the exponential moving average (EMA). They share similarities and differences but, like most technical indicators, they work best together to define price trends and momentum in trading. Trading with the SMA shows the average price of a security over a certain length of time and is plotted as a single line on a candlestick chart. Because it i

Choosing between two great investment options, QQQ vs SPY, is not easy. They are both great funds and popular among investors and traders alike. Most people would be more familiar with S&P 500 butnot too sure about QQQ. Let's break it down so that we can make informed decisions on which one to choose for long term investment and short term trades. - Invesco QQQ Trust, QQQ, provides investors with exposure to a similar portfolio to the Nasdaq 100 index. - SPDR S&P 500 ETF Trust, SPY, invests in 500 of the largest companies in the United States and accounts for about three-quarters of the U.S. stock market’s value. QQQ vs SPY Holdings QQQ is 63% technology, while SPY is 34%. SPY is a broad-based fund diversified in several sectors of the market. QQQ is heavily w

Choosing between two great investment options, QQQ vs SPY, is not easy. They are both great funds and popular among investors and traders alike. Most people would be more familiar with S&P 500 butnot too sure about QQQ. Let's break it down so that we can make informed decisions on which one to choose for long term investment and short term trades. - Invesco QQQ Trust, QQQ, provides investors with exposure to a similar portfolio to the Nasdaq 100 index. - SPDR S&P 500 ETF Trust, SPY, invests in 500 of the largest companies in the United States and accounts for about three-quarters of the U.S. stock market’s value. QQQ vs SPY Holdings QQQ is 63% technology, while SPY is 34%. SPY is a broad-based fund diversified in several sectors of the market. QQQ is heavily w