To The Moon

Larry Tentarelli @bluechipdaily$S&P 500(.SPX)$ reclaimed the 40-Week MA today, Still below 10-week. Needs a close over 4400 to reclaim 20-week MA and more importantly put in a higher high.All 11 $S&P 500(.SPX)$ 500 sectors were up, by 1.3% or more. These strong breadth moves are usually at the beginning of a bigger trend move, as we saw in June.Do your have trading target stock for November?For individual stocks, Index direction and trend are key. For stock selection, over the 20, 50 and 200-sma are often the strongest stocks. Other criteria go into stock selection. 206 large caps > 20, 50 & 200. Coming out of an index drawdown, I use a combination of ETFs (for size) & single stocks.

According to report by WSJ, $WeWork(WE)$ plans to file for bankruptcy as early as next week.WeWork, once highly anticipated, experienced a significant decline in value (once at $47 billion) due to management issues and investor concerns.With its business model questioned by many, will WeWork receive more funds or be acquired by big tech?$10 bln funds vs. $10 bln debtsSoftBank invested substantial funds of over $10 bln, but WeWork's value plummeted by almost 98%.lose 47% on the bankruptcy newsEarlier on Tuesday, the company told the US financial regulator it had agreed with creditors to temporarily postpone payments for some of its debt.As of June this year, WeWork had 777 office locations in 39 countries, with estimated lease debts of up to $10 bill

Welcome to Thursday Special!In the stock market, there are certain investment strategies and tactics that are jokingly referred to as 'easy money' or 'making a quick buck' because they appear to be relatively straightforward and offer a high level of certainty when it comes to making money. 💸💸💸For instance, since the recent escalation of the Israel-Palestine conflict, assets like gold and defense stocks like $Raytheon Technologies Corporation(RTX)$ and $Lockheed Martin(LMT)$ have seen significant surges in the worst October.📈For value investors, it involves seeking undervalued stocks, believing their true worth is higher than their current market price, and then purchasing them, patiently waiting for the ma