To The Moon

Thanks to Tiger for awarding the weekly top predictions for SPY again. Are we ready for more amazing trades next week? Come join me! 😎 The CBOE Volatility Index — also known as Wall Street’s “fear gauge” as it approximates expectations for how much the S&P 500 will rise and fall in coming weeks — closed Friday at 14.60, its lowest since Feb. 19, 2020, shortly before the Covid pandemic closed the economy. Greed is good? 🤔 On the other hand, The SPDR S&P 500 ETF Trust (NYSE:SPY) experienced an outstanding $18.1 billion in net inflows last month, the greatest flow performance since December 2021, when the fund received $25.6 billion, according to Koyfin data. Green with envy 🤑 The ETF is the world's biggest with approximately $400 billion in assets under management. The influx into the largest ETF tracking the S&P 500 index corresponded with a remarkable rise in AI-related stocks and the rising dominance of tech giants among the 500 most capitalized U.S. firms. What to buy next? 😉 With Friday’s gains, the S&P 500 and Nasdaq finished the holiday-shortened trading week about 1.8% and 2% higher, respectively. The Dow’s Friday advance pushed it into positive territory for the week, finishing up 2%. The Nasdaq notched its sixth straight week higher, a streak length not seen for the technology-heavy index since 2020. Options trading summary for May 2023 Please click Like 👍, Comment 💬 & Repost 🔄 this article found at the bottom of your screen. Follow me for the latest news, trading ideas & strategies to ride the market daily with profits! 🤑 @CaptainTiger @TigerStars @MillionaireTiger @Daily_Discussion