To The Moon

Morgan Stanley's Mike Wilson, the man who has predicted 20 of the last 2 market corrections, says the strong U.S. Dollar could derail the stock market rally.

$SPDR S&P 500 ETF Trust(SPY)$  $Apple(AAPL)$  $NVIDIA Corp(NVDA)$ $Coinbase Global, Inc.(COIN)$   📈 $SPY Temporary Pause! • Bulls took some rest today once the trendline broke lower with the pressure coming in from chips and money rotating into Small caps. • If 580 is not reclaimed early tomorrow SPY can drop down to 577 and under we have 575. • 575 is a good buy the dip level on SPY and I do not see anything under at the moment for OPEX week. • Bearish engulfing on the daily. Not a good sign. • $QQQ ISLAND BOTTOM has been dismantled by the bears. Expecting a bounce off it tomorrow.

Hold pretty good month

Pivotal spot for $.SPX(.SPX)$ in the short-term!If it can hold above 5772, it should produce another high to 5871-5900 for a 5th of a third to continue to see the dips get bot.However, below 5772 would lead to a multi-day correction targeting -5672 before the final leg up under [W5] of Wave 5. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ ImageImageWe crushed Friday's price action using the WXY Model combined with ICT concepts.Alerts were sent at Thursday's low, close, and Friday's ope

In my view, the S&P 500 is currently trading at elevated levels, which could present a good opportunity to take profits, especially for those holding stocks in profitable positions. While the stock market has shown resilience, I believe the broader economic environment is still highly uncertain. One key factor is the continued high interest rates, which are having a widespread impact on borrowing costs and consumer spending. At the same time, the appeal of alternatives like money market funds is strong, offering high yields with far less volatility compared to stocks. These instruments provide an attractive and stable way to earn a return while reducing exposure to market risk. Additionally, I am cautious about the possibility of a recession. Although some may argue that the likelihood

I would take some profit out and keep the balance for long term. 

No idea what I'm doing but it's fun

Will go higher   Let's just add

Hold until 6000 or more for long term 

For traders, take profit when reached all time high. For investors, hang on to your prized stocks, compounding effect will take place in the long run. You may not be able to buy back the stock at such lower price. May the market be with you. 

$Ocular Therapeutix(OCUL)$ took 💯 % profit woohoo! Feels like a great time to cash out now after watching the trades for the last hour. Thankfully I wasn't greedy and managed to cash out at $10.58 [Grin]  

Bad news today. Biden adding more countries on the list of U.S. AI chips selling restrictions. $DJIA(.DJI)$ $S&P 500(.SPX)$ all heading downwards. History repeats again. Thanks @Tiger_comments @GoodLife99

BREAKING: 512 large US companies have declared bankruptcy year-to-date, only 6 less than during the 2020 pandemic. Outside of the pandemic, this is the largest number of bankruptcies in 14 years. In September and August alone, 59 and 63 firms filed for bankruptcy, the most in at least 4 years. By sector, the greatest number of bankruptcies have been seen in the consumer discretionary, at 81, followed by 60 in industrials and 48 in healthcare. 3 of the 5 bankruptcy announcements with liabilities over $1 billion were in the consumer discretionary sector as Americans pulled back on spending. Corporate bankruptcies are at recession levels.

Last week, $Amazon.com(AMZN)$ 's stock rose about 1%, even after $Wells Fargo(WFC)$ downgraded it from "Overweight" to "Equal Weight" on October 7. Despite this, Amazon underperformed compared to the $Invesco QQQ(QQQ)$ , which saw a 2.3% increase. Wells Fargo's concerns stem from Amazon's investments squeezing profit margins and a weakening positive impact from its advertising revenue. However, they remain optimistic about the company's long-term prospects.Profit Margin and Investment TrendsWells Fargo has lowered its price target for Amazon from $225 to $183. Interestingly, this target aligns closely with the stock’s current price, suggesting that they do not fore

With China drilling near Taiwan base and North Korea patrolling near South Korea and the looming imminent Israel attack on Iran, the geopolitical risk is major concern and election will see more volatility. Trim if you may hold if you like remember as Warren Buffet said: Be fearful when everyone is greedy. 

Find out more here: An Invitation Letter from Tiger Brokers thanks.

$SPDR S&P 500 ETF Trust(SPY)$  $Apple(AAPL)$ $Coinbase Global, Inc.(COIN)$  $NVIDIA Corp(NVDA)$   📈 $SPY HIGHER AND HIGHER! • Market has been just moving higher creating beautiful bull gaps which on any shenanigans will act as good supports. • Watch for the options skew, once you start to see a call premium skewed in favor than puts is the time you can look for a short term correction to make a higher low. • This is a bull market classic with absolutely amazing rotation and Internals widely supporting the move. FLOW UDPATE: $NVDA remains the hot shot again

Should slowly take profit.

Ok here's a thought. Since the 1920s the S&P has delivered an annualised return of around 9%. Some years it hasn't but on average it's 9% plus. So why would you sell it ever? Well I guess if you brought it cheap, and now it's expensive, one reason to sell some would be because it's overweight in your portfolio and maybe you have something that "mite" perform better.  But that's a big mite. $Vanguard S&P 500 ETF(VOO)$ Is at record highs, and continues to bounce. My perspective is that I'm not overweight, so I have no compelling need to sell. If it drops significantly I would just buy more, funds permitting. If you have the luxury of time in the market then there is no need to sell anything that is good. Investing in stocks is a long ter

The last 2 years of market gains may seem massive, but they're actually right in line with the average $SPDR S&P 500 ETF Trust(SPY)$ gains in the first 2 years of a New Bull Market. $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ $NVIDIA Corp(NVDA)$ $Tesla Motors(TSLA)$ Image

Pivotal spot for $.SPX(.SPX)$ in the short-term!If it can hold above 5772, it should produce another high to 5871-5900 for a 5th of a third to continue to see the dips get bot.However, below 5772 would lead to a multi-day correction targeting -5672 before the final leg up under [W5] of Wave 5. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ ImageImageWe crushed Friday's price action using the WXY Model combined with ICT concepts.Alerts were sent at Thursday's low, close, and Friday's ope

In my view, the S&P 500 is currently trading at elevated levels, which could present a good opportunity to take profits, especially for those holding stocks in profitable positions. While the stock market has shown resilience, I believe the broader economic environment is still highly uncertain. One key factor is the continued high interest rates, which are having a widespread impact on borrowing costs and consumer spending. At the same time, the appeal of alternatives like money market funds is strong, offering high yields with far less volatility compared to stocks. These instruments provide an attractive and stable way to earn a return while reducing exposure to market risk. Additionally, I am cautious about the possibility of a recession. Although some may argue that the likelihood

$SPDR S&P 500 ETF Trust(SPY)$  $Apple(AAPL)$  $NVIDIA Corp(NVDA)$ $Coinbase Global, Inc.(COIN)$   📈 $SPY Temporary Pause! • Bulls took some rest today once the trendline broke lower with the pressure coming in from chips and money rotating into Small caps. • If 580 is not reclaimed early tomorrow SPY can drop down to 577 and under we have 575. • 575 is a good buy the dip level on SPY and I do not see anything under at the moment for OPEX week. • Bearish engulfing on the daily. Not a good sign. • $QQQ ISLAND BOTTOM has been dismantled by the bears. Expecting a bounce off it tomorrow.

Morgan Stanley's Mike Wilson, the man who has predicted 20 of the last 2 market corrections, says the strong U.S. Dollar could derail the stock market rally.

Last week, $Amazon.com(AMZN)$ 's stock rose about 1%, even after $Wells Fargo(WFC)$ downgraded it from "Overweight" to "Equal Weight" on October 7. Despite this, Amazon underperformed compared to the $Invesco QQQ(QQQ)$ , which saw a 2.3% increase. Wells Fargo's concerns stem from Amazon's investments squeezing profit margins and a weakening positive impact from its advertising revenue. However, they remain optimistic about the company's long-term prospects.Profit Margin and Investment TrendsWells Fargo has lowered its price target for Amazon from $225 to $183. Interestingly, this target aligns closely with the stock’s current price, suggesting that they do not fore

Hold pretty good month

I would take some profit out and keep the balance for long term. 

The $.SPX(.SPX)$ and $.IXIC(.IXIC)$ returned 1.13% and 1.19%, respectively, last week.Major market movers include $NVIDIA Corp(NVDA)$ (+7.91%), $Eli Lilly(LLY)$ (+5.06%), $JPMorgan Chase(JPM)$ (+5.24%), $Uber(UBER)$ (+16.24%), $Wells Fargo(WFC)$ (+7.08%), $Tesla Motors(TSLA)$ (-12.91%), $Alphabet(GOOG)$ (-2.29%), $Meta Platforms, Inc.(META)$ (-1.01%),

No idea what I'm doing but it's fun

Will go higher   Let's just add

I’m on the road again with intermittent internet access, so here’s something a bit different from the usual Weekly ChartStorm. This week I summarize and share some key concepts around how to use valuation signals to navigate market cycles — something that should be useful for both beginners and seasoned professionals to reflect on …especially as we move further through the current market cycle. $.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $.IXIC(.IXIC)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ $Invesco QQQ(QQQ)$

For traders, take profit when reached all time high. For investors, hang on to your prized stocks, compounding effect will take place in the long run. You may not be able to buy back the stock at such lower price. May the market be with you. 

Hold until 6000 or more for long term 

BREAKING: 512 large US companies have declared bankruptcy year-to-date, only 6 less than during the 2020 pandemic. Outside of the pandemic, this is the largest number of bankruptcies in 14 years. In September and August alone, 59 and 63 firms filed for bankruptcy, the most in at least 4 years. By sector, the greatest number of bankruptcies have been seen in the consumer discretionary, at 81, followed by 60 in industrials and 48 in healthcare. 3 of the 5 bankruptcy announcements with liabilities over $1 billion were in the consumer discretionary sector as Americans pulled back on spending. Corporate bankruptcies are at recession levels.

$Ocular Therapeutix(OCUL)$ took 💯 % profit woohoo! Feels like a great time to cash out now after watching the trades for the last hour. Thankfully I wasn't greedy and managed to cash out at $10.58 [Grin]  

Bad news today. Biden adding more countries on the list of U.S. AI chips selling restrictions. $DJIA(.DJI)$ $S&P 500(.SPX)$ all heading downwards. History repeats again. Thanks @Tiger_comments @GoodLife99

Ok here's a thought. Since the 1920s the S&P has delivered an annualised return of around 9%. Some years it hasn't but on average it's 9% plus. So why would you sell it ever? Well I guess if you brought it cheap, and now it's expensive, one reason to sell some would be because it's overweight in your portfolio and maybe you have something that "mite" perform better.  But that's a big mite. $Vanguard S&P 500 ETF(VOO)$ Is at record highs, and continues to bounce. My perspective is that I'm not overweight, so I have no compelling need to sell. If it drops significantly I would just buy more, funds permitting. If you have the luxury of time in the market then there is no need to sell anything that is good. Investing in stocks is a long ter

$SPDR S&P 500 ETF Trust(SPY)$  $Apple(AAPL)$ $Coinbase Global, Inc.(COIN)$  $NVIDIA Corp(NVDA)$   📈 $SPY HIGHER AND HIGHER! • Market has been just moving higher creating beautiful bull gaps which on any shenanigans will act as good supports. • Watch for the options skew, once you start to see a call premium skewed in favor than puts is the time you can look for a short term correction to make a higher low. • This is a bull market classic with absolutely amazing rotation and Internals widely supporting the move. FLOW UDPATE: $NVDA remains the hot shot again

We crushed $.SPX(.SPX)$ Friday for 60 points using the WXY Model.After years of deep study on Elliott Wave, the WXY model stands out as my favorite.It’s an extremely high-probability pattern that appears frequently in the market—and works even when the wave count isn't clear.Here's how to take advantage of it:ImageWXYs (double zigzags) are three ABC patterns, with two legs against the trend (W and Y) and one in favor (X).Structured as (3-3-3) or (ABC-X-ABC), this high-probability pattern signals the continuation of the larger trend.Each leg is either of equal length (90-100%) or follows Fibonacci ratios/extensions (50%, 61.8%, 127.2%), with Wave Y extending at least one tick below Wave W (no truncation)ImageEntry Models:1. Enter following the brea

$Bank of America(BAC)$  Did Buffet make a big mistake? Weekly Forecast for 14-18 Oct  We previously anticipated a less positive week for the previous week as inflation data and Middle-East were primarily the key bearish factors. However, even with a less than impressive inflation data, we still saw a very strong positive week with some bullish signals: Fear&Greed Index now at Greed(74) edging very close to extreme Greed, and the Vix futures at below 20. The rallies last week could also be driven by the shift back from Chinese Market as the Chinese Government did not introduce any additional stimulus. With bank and TSM earnings this week, can BAC do a miracle call like JPM? With lower interest income