The Market is Winding Up for a Bigger Run
What a week. ๐
$S&P 500(.SPX)$ back up to 7800, fully recovered from yesterdays sell off.. what a bounce.. 7800 hard level though so lets see if it can close above..
$Invesco QQQ(QQQ)$ backtested the previous ATH at 748 and held so far, needs above 752 to set up for 755
We're seeing a rotation back into the Mag7...
$Amazon.com(AMZN)$ to 280 in play by November
$Microsoft(MSFT)$ setting up for 550,
$Meta Platforms, Inc.(META)$ building a new base above 700 the past week
Finally, the Dips got bought up fast since yesterday's sell off. The OpenAI news about the 70B revenue is a nothing burger. The market is winding up for a bigger run. Once Trump announces Iran war is over, we'll see a fast melt up.
$S&P 500(.SPX)$ to $8000
$Invesco QQQ(QQQ)$ to $800
$Meta Platforms, Inc.(META)$ to $800
$Amazon.com(AMZN)$ to $300
$Microsoft(MSFT)$ to $550
Q4 will be the best quarter of the year. CPI data coming up next week then FOMC on the 28th. Lots of opportunities to grow an account.
HAGW everyone!! ๐
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