QQQ +ve from FOMC conf. with confidence of a soft landing
2/2/2023 Market Diary & Playbook
-USIC'23 (Jan) +64.29% submitted
-QQQ +ve from FOMC conf. with confidence of a soft landing, and signs of disinflation expressed by Fed Chair
- Plenty will be hyped to chase trade, but grp leading setups have already took off from yday's surge
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust(QQQ)$ $iShares Russell 2000 ETF(IWM)$ $Amarin Corp PLC(AMRN)$ $Greenidge Generation Holdings Inc.(GREE)$ $Biohaven Pharmaceutical Holding Co Ltd.(BHVN)$ $Iris Energy Ltd(IREN)$
$Astra Space(ASTR)$ $Black Diamond Therapeutics, Inc.(BDTX)$ $Bitwise 10 Crypto Index Fund(BITW)$ $Banco Macro SA(BMA)$ $Diebold(DBD)$ $Everquote Inc.(EVER)$ $Faraday Future Intelligent Electric Inc.(FFIE)$ $Fulcrum Therapeutics(FULC)$ $Grupo Financiero Galicia SA(GGAL)$ $S&P Biotech Bull 3X Shares(LABU)$ $Mind Medicine (MindMed) Inc.(MNMD)$ $Ocular Therapeutix(OCUL)$ $Oil States(OIS)$ $Ontrak, Inc.(OTRK)$ $Roblox Corporation(RBLX)$ $Rocket Lab USA, Inc.(RKLB)$ $Sea Ltd(SE)$ $Sky Technologies(SKYX)$$SomaLogic, Inc.(SLGC)$ $SOS Limited(SOS)$ $Staar Surgical(STAA)$ $Grupo Supervielle SA(SUPV)$ $YPF SA(YPF)$ $17 Education & Technology Group Inc.(YQ)$ $Zymergen, Inc.(ZY)$ while $Technology Select Sector SPDR Fund(XLK)$ & $Communication Services Select Sector SPDR Fund(XLC)$ sector is ripping the#fintwit with its 1st rally leg, $Global X MSCI Argentina ETF(ARGT)$ have its whole country setting up for a potential 2nd rally leg across all sectors with impeccable relative strength
strongest week movers (>25%) continue to be dominated by $Technology Select Sector SPDR Fund(XLK)$ , as post FOMC rally ascertained its RS
the key to note is the +ve reaction from yday isnt solely concentrated on internet & packaged software grps but has also widespread to $VanEck Vectors Semiconductor ETF(SMH)$$Global X Data Center REITs & Digital Infrastructure ETF(VPN)$ $WisdomTree Cloud Computing Fund(WCLD)$ $Valkyrie Bitcoin Miners ETF(WGMI)$ $CSI China Internet ETF(KWEB)$
https://twitter.com/jeffsuntrading/status/1621114925178585088
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