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The odds are pretty good that starting next Monday, dealers will be chasing gamma from all the expirations this coming Friday. across the entire spectrum. Violent moves are probably going to continue into Tuesday given that just about every major trader agrees we are in for a correction and so they will have itchy trigger fingers as well.
What I really like about this channel -nobody shrieks, hollers and cries at you! I have not heard VOW! every three minutes, like on competing channels. You can just rest, hearing a clm and disticn speach.
It might be that people just rotated from weak stocks (let's be honest, most of them is vaporware destined to be diluted and go to 0) and went all-in on the next narrative, AI. Not only that, but at this point it's pretty safe to assume that flight-to-safety means buying tech mega caps.
You mentioned three stock symbols. Their upcoming earnings dates are Microsoft on 7/30, Apple on 8/1, and Nvidia on 8/21 Earnings season is usually volatile Good luck
Go look at an S&P equal weight vs SPY, there is blatantly weak internals showing there. Small caps and DJIA vs SPY AND NQ … clearly weak. What’s the basis for your “no”? Literally just a subset of tech and megacaps carrying the market on their back.
LOLOLOLOL! RIIIGGGHT! UA-camrs have been calling for a correction for 2+ years! Not going to happen! SPY 575 and NVDA 200 by Labor Day! Stop thinking and applying logic to something illogical...not working! This isn't the 1991 stock market...LOL! 🤦♂️🤦♂️🤦♂️
We just follow the money. Our Correction Protection Model (CPM) has been Risk On (bullish) since Nov 3rd, and our SEAF Model has had us overweight XLK and XLC for most of 2024. I'm still long, but simply pointing out market conditions to keep things in perspective and to keep emotions out of business decisions as much as possible. Knowedge and awareness are good things in investing. Good luck on your market calls.
Some investing rules I live by: 1) Emotion is the bane of any investor, and I suggest worse for a trader. 2) Chose your methods and data source(s) before you need them. 3) Have multiple plans, including when the goofy stuff pops up that others scoff as impossible. That is why I am here, and John is one of my sources.
![[URGENT] Is Buying The Dip The Best Strategy Now?](http://i.ytimg.com/vi/L41kcOKG42A/mqdefault.jpg)
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I learned that trying to outsmart the market is a losing strategy…
The trend is the trend until it is no longer the trend…
Thanks for the video 👍
Great video thanks
Excellent thanks 😊😊
Very good analysis. Why not recommend UVIX?
The odds are pretty good that starting next Monday, dealers will be chasing gamma from all the expirations this coming Friday. across the entire spectrum. Violent moves are probably going to continue into Tuesday given that just about every major trader agrees we are in for a correction and so they will have itchy trigger fingers as well.
Of course anything is possible.
What I really like about this channel -nobody shrieks, hollers and cries at you! I have not heard VOW! every three minutes, like on competing channels. You can just rest, hearing a clm and disticn speach.
Such a nice compliment! Thank you
Small pull back next week top end if July correction till early to mid October then final rally
It might be that people just rotated from weak stocks (let's be honest, most of them is vaporware destined to be diluted and go to 0) and went all-in on the next narrative, AI. Not only that, but at this point it's pretty safe to assume that flight-to-safety means buying tech mega caps.
Market corrections are always possible
Doesn’t take all time highs to bring it on
You mentioned three stock symbols. Their upcoming earnings dates are Microsoft on 7/30, Apple on 8/1, and Nvidia on 8/21
Earnings season is usually volatile
Good luck
Thanks for those dates.
No body can predict the future
Of course anything is possible either way.
@@ShainWong Everybody has a 50 50 chance of being right.🙃
Weak internals? No.
Go look at an S&P equal weight vs SPY, there is blatantly weak internals showing there. Small caps and DJIA vs SPY AND NQ … clearly weak. What’s the basis for your “no”? Literally just a subset of tech and megacaps carrying the market on their back.
LOLOLOLOL! RIIIGGGHT! UA-camrs have been calling for a correction for 2+ years! Not going to happen! SPY 575 and NVDA 200 by Labor Day! Stop thinking and applying logic to something illogical...not working! This isn't the 1991 stock market...LOL! 🤦♂️🤦♂️🤦♂️
We just follow the money. Our Correction Protection Model (CPM) has been Risk On (bullish) since Nov 3rd, and our SEAF Model has had us overweight XLK and XLC for most of 2024. I'm still long, but simply pointing out market conditions to keep things in perspective and to keep emotions out of business decisions as much as possible. Knowedge and awareness are good things in investing. Good luck on your market calls.
The market has had 2 corrections since 2022
Every time after we had strong run, we always see comments like this before major correction. We're getting close.
Some investing rules I live by:
1) Emotion is the bane of any investor, and I suggest worse for a trader.
2) Chose your methods and data source(s) before you need them.
3) Have multiple plans, including when the goofy stuff pops up that others scoff as impossible.
That is why I am here, and John is one of my sources.