To The Moon

45% gain from taking calls on QQQ, SPX & SPY as highlighted in sharing my trade idea yesterday. ⚠️ Trading tips: looking at QQQ calls above 359 and puts below 356 on Wednesday. 356-357 could be an opportunity to dip buy into the close awaiting earnings for META mirroring yesterday. Not financial advice 🤫 Don’t say never say 🤗 ✅ Microsoft posted its strongest sales gain in six quarters, bolstered by recovering cloud-computing growth amid demand for new artificial intelligence products. Shares jumped 4% in post-market trading. 🤩 ❌ Alphabet reported revenue and profit from its cloud business that missed analysts’ estimates, raising concerns about the company’s position in a market that is critical to its future growth. Its shares fell 7% after hours. 😨 ⁉️ Meta was sued by California and a group of more than 30 states over claims that its social-media platforms Instagram and Facebook exploit youths for profit and feed them harmful content. The suit, filed in federal court in California, adds to growing scrutiny of social media giants over how they serve their youngest users. The company said it’s committed to keeping teens safe online and has introduced more than 30 tools to support youths and their families. Another dip buying opportunity? Time will tell 🤗 Miss this boat or take the sampan Despite the turbulence in interest rates, things aren’t bad, said Brad McMillan, chief investment officer for Commonwealth Financial Network. The analyst noted that growth continued. “Job growth came in last month at almost twice expectations; Consumer confidence and business confidence are holding; And the retail sales report this week came in much stronger than expected,” he said. The markets are catching up with what the Fed has been saying for months now: “rates will be higher for longer,” McMillan said. “That is and will be a painful financial adjustment,” he added. That said, the strong labor market is acting as a cushion for the real economy, the analyst said. “For the average person, although the impact of interest rates is real, available jobs and real wage growth are helping everyone through it,” he said. Buy call Buy call 1 Buy call 2 Buy call 3 Buy call The unfolding week’s economic calendar is back-end loaded, with the chief among the data being the first read of third-quarter GDP data, due on Thursday, and the September personal income and spending report due on Friday. Ahead of the Federal Open Market Committee meeting scheduled for Oct 31-Nov 1, the inflation component of the report, namely the annual rate of the core price consumption expenditure index, could be closely watched by traders. Also on investors’ radar are the weekly jobless claims report, S&P Global’s flash manufacturing and service sector readings for October, durables goods orders data for September and a few housing market data. The Fed officials have gone into a quiet period ahead of the FOMC meeting and therefore the markets won’t get to hear from any of them this week. 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! 🤑$SPDR S&P 500 ETF Trust(SPY)$ @CaptainTiger @MillionaireTiger @TigerStars @Daily_Discussion @KylerLee @koolgal @Aqa @Andreana