At some point, you are going to need to start addressing the news, or the fact that someone, possibly government operatives, rug pull the market. There's nothing organic about EVERYONE coming to the same conclusion on the news and wanting to sell all at once, particularly during the middle of any average trading day when random stocks get a large red candle at the same time.
This is what happens when ETFs rule the market. Everything gets tossed and sector correlations begin to approach 1.0. This creates buying opportunities in the high quality names.
It’s the same old story…market makers feigning fear over rate cuts not coming quick enough, so they use it to shake retail investors and sell off. After hours there were a few stocks going up.
Bro, you literally said yesterday that there would be a rug pool soon. I know this because i had it in my notes lol great day for the scalpers. Thanks for the info!
LOL, Your support was wrong. The top is in. 10-15% correction from here. No Santa Rally. And we already went to 584. it went to 583.16 in after hours so not sure what you are talking about? That is an engulfing reversal candle.
SPX looks like a perfect setup for a head and shoulders downturn (maybe ~7%) - dip a little tomorrow to the neckline, bounce back up as the awaited Santa Claus rally to the shoulder and then dump. Or we just close the gap at 5722 and go back up from there
Sold everything to buy this dip. thank Santa Jerome for the gift that keeps on giving. Sell everything to buy this dip. The snap back will make this candle look like chump change, Weekly expected move is at 596 so get out there. but we can see 598 but not sure if we get there by tomorrow.
Listen the expected move on the SPY tomorrow is $13+ dollars. I am not telling anyone what to do but hey, that is to the upside and the downside. That is the largest one day move I've seen priced by the options market on this ETF.
I think you’re wrong in Bitcoin predictions. I do believe Bitcoin has a better chance to go higher than stocks from here. More adoption and Trump administration new proposal for the US reserved will push it higher. The scarcity of this asset will cause a much higher moves in 2025 which i truly believe it will happen.
I agree this is an overreaction. It’s also a liquidity grab. Way too much leverage out there. BTC has a high volume node at 98,600 and is bouncing off it so far. I really expected btc to come down further than this if traditional market was going to dump this hard and the fact that it didn’t fall faster and harder shows how stubborn the current holders are and that the last liquidation event might’ve signaled the low. IMO
Cmon man. Your generally good and sure the ranges are fine but you well know FED days are not tradeable. They break all levels then rip right back up and break them back on the upside then back down to break em again. WHIPSAW. Then the next day opposite(it faded mightily next day after green). Then Friday(today) mighty bounce. Trading on FED day is just plain foolish as all gets thrown out the window.
Powell did not go off script. He’s a smart guy and is thinking 10 miles ahead as well as every other person who has a brain bigger than a peanut. If people didn’t make money after 2pm then you should stop trading.
Huge Spikes in EV and AI sectors Wed .. NKLA 23 %.. Nikola..new Hyla Hydrogen station . VHAI 21 %.. Vocodia. Conversational AI tech...Frey 18 %...QS 9 %... SoundHound 23 %.. ChargePoint 11 %..Blade Evtol Jets 8 %...QUBT over 40 %. Thumbs Up video/ comments.. Thanks as the Dip-buying as Already Begun
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lol save the bs. You were telling your discord we were bouncing today. 😂 remember soxx 230 😂
Folks, watch the past two days videos, that’s all you need to know about this channel.
Yup, I just come here for the excuses and comments 😂
What do you mean?
I do not think we go to all time highs now. The market sustained significant technical damage.
You do realize we dumped even more on August 5 and Aug 30 to September 6 and made new ATHs soon after
@@SUD-yb2pnYeah, but that’s when the mkt had priced in 6 more rate cuts than it is now.
@@SUD-yb2pn You do realize that is a month apart? Sure, we'll hit ATH's sometime in 2025, but no time this year. Santa Rally is over.
@@thelegacyofgaming2928 ok and? Guy said he doesn’t think we’re hitting ATHs again. My point was we definitely still can
Hehe, he killed the calls and margin called people 😂😂😂
Jerome Powell is the new Grinch😅
At some point, you are going to need to start addressing the news, or the fact that someone, possibly government operatives, rug pull the market. There's nothing organic about EVERYONE coming to the same conclusion on the news and wanting to sell all at once, particularly during the middle of any average trading day when random stocks get a large red candle at the same time.
It was not random selling day. Today was fed day and the market reacted to the fed adjusting fed rate cuts for the next year
It was FOMC day, not random.
This is what happens when ETFs rule the market. Everything gets tossed and sector correlations begin to approach 1.0. This creates buying opportunities in the high quality names.
It’s the same old story…market makers feigning fear over rate cuts not coming quick enough, so they use it to shake retail investors and sell off. After hours there were a few stocks going up.
Not talking about anyone here. The people who sold out at the bottom today are going to regret it. That includes people who sold Mutual Funds.
Bro, you literally said yesterday that there would be a rug pool soon. I know this because i had it in my notes lol great day for the scalpers. Thanks for the info!
LOL, Your support was wrong. The top is in. 10-15% correction from here. No Santa Rally. And we already went to 584. it went to 583.16 in after hours so not sure what you are talking about? That is an engulfing reversal candle.
I'm shorting the he'll out of TESLA and QQQ 😊
One drop and bull market is over!! Alright Alright. Liked the analysis here though.
It is over for this year. 2025 will be different obviously
SPX looks like a perfect setup for a head and shoulders downturn (maybe ~7%) - dip a little tomorrow to the neckline, bounce back up as the awaited Santa Claus rally to the shoulder and then dump. Or we just close the gap at 5722 and go back up from there
Honestly this Chanel is so far the most effective and accurate indicator I ever seen.
Great call on all time highs!
Sold everything to buy this dip. thank Santa Jerome for the gift that keeps on giving. Sell everything to buy this dip. The snap back will make this candle look like chump change, Weekly expected move is at 596 so get out there. but we can see 598 but not sure if we get there by tomorrow.
Listen the expected move on the SPY tomorrow is $13+ dollars. I am not telling anyone what to do but hey, that is to the upside and the downside. That is the largest one day move I've seen priced by the options market on this ETF.
@@TheMAC0876Cuz IV is high.
Best Christmas rally ever 🎉😂
Thanks Cory ! The Qs finally closed the gap @517 today . Good call !
Buy the dip this is the dip to buy for the next couple of months.
No its not
lol 📉📉📉 this just a start. Next leg lower coming
Ok watch tomorrow we shall see
more like to be a slow day and not a volatile day
Move like water … Bruce Lee is the best trader of all time
Fantastic Analysis, Cory. Well done.
Yes, you did!
has the bear market suddenly started?
Buy the fkn dip, we're going higher.
Famous last words
Lost 3 days of gain but bought the dip big
Yup, I Bought a Little More, Today and I'm NOT Selling for,.. 3 to 4 Months !
I think you’re wrong in Bitcoin predictions. I do believe Bitcoin has a better chance to go higher than stocks from here. More adoption and Trump administration new proposal for the US reserved will push it higher. The scarcity of this asset will cause a much higher moves in 2025 which i truly believe it will happen.
Be 593 bfr markets open. Only institutions get in on the dip
23% ?
Jerome just gave his buddies a hint
YUP,. About, 8 to 10 Days,..AGO !!!!
The Market Has Been, trending DOWN for,. 9 to 10 Days, already !!!
Powell NEEDS to,. GO !!!
I wish I had traded the vix
Today was super predictable. SPY had a sell signal last Thursday.
That was the most ridiculous overreaction I’ve ever seen. I’m buying the dip .🤑
As a Long term investor it's buy buy baby!!! I'll take 15 chuck for the win.
Should of painted jerome powell green on the thumbnail 😅
If you're upset about today's price action and you voted for Trump, you voted for this
🤡 moron. Don't you have a street to lay down on and block traffic somewhere?
He isn't in office TDS get help
Like water my son 😂
I agree this is an overreaction. It’s also a liquidity grab. Way too much leverage out there. BTC has a high volume node at 98,600 and is bouncing off it so far. I really expected btc to come down further than this if traditional market was going to dump this hard and the fact that it didn’t fall faster and harder shows how stubborn the current holders are and that the last liquidation event might’ve signaled the low. IMO
SPY headed to 500! Its over
I hope you're right!
TSC was right on bitcoin once in the past 30 days. I can hear the gloating from here already. Yeah that's one day in a 30 day period. Keep HODLing.
Cmon man. Your generally good and sure the ranges are fine but you well know FED days are not tradeable. They break all levels then rip right back up and break them back on the upside then back down to break em again. WHIPSAW. Then the next day opposite(it faded mightily next day after green). Then Friday(today) mighty bounce. Trading on FED day is just plain foolish as all gets thrown out the window.
Damn I hope your wrong because I am shorting TSLA 😮
lol, bro 430 was time to buy the dip. Perfect retest
@@bennyb7772 Tesla is not going past 470 anytime this week, lmao
Powell did not go off script. He’s a smart guy and is thinking 10 miles ahead as well as every other person who has a brain bigger than a peanut. If people didn’t make money after 2pm then you should stop trading.
H&S ?
Yea yea I definitely knew it was going to happen
LEAPS calls on IWM will print from here
He's lied constantly for almost four years, and he has to tell just a little truth today!? Lol Asshat
lmao yea buy the dip based off his word and see how that goes for you.
Ohhhh please please buy the dip bulls pleeaaaasssseeeee, this ponzi about to finally cave in biggest down day I ever seen sure everything is fine
We still in bull market the market pulled back on major news regarding intrest rate cuts
You called it spot on.....
Huge Spikes in EV and AI sectors Wed .. NKLA 23 %.. Nikola..new Hyla Hydrogen station . VHAI 21 %.. Vocodia. Conversational AI tech...Frey 18 %...QS 9 %... SoundHound 23 %.. ChargePoint 11 %..Blade Evtol Jets 8 %...QUBT over 40 %. Thumbs Up video/ comments.. Thanks as the Dip-buying as Already Begun
Save the BS. NKLA up 3 percent today. .04 Down 96 percent on the year.
@cbane Maybe BS to you. . because you didn't trade for 23 % gains
@@2023gainer yeah that's correct. Would never invest in crap companies.
Same scam post on every financial channel 🗑
SB
...first😅
So what if you're first! Do something with it and make a meaningful comment!