Color Me Skeptical Toward the end of my live trading room Friday (recording is posted by 1ET each day under the access link), I kinda went ‘off’ on how hard this stimulus Disaster Relief bill is to execute – for small businesses, for the mortgage industry, for consumers… On one hand, it looks a little […]
Macro-to-Micro Analyst+Trader Forecast+Chase https://t.co/MrMkwZYdvt https://t.co/GZILqexQ5C https://t.co/yZsZJcrKAz https://t.co/UmKuhy2OwV
“$QQQ to $330”
Not my first rodeo 🤠📿
That $COIN move +40% is gonna scare the bejesus out of tech shorts and add more fuel to this already brightly burning energy-to-tech rotation + slow grind continuation market rally. $QQQ to $330 with so many under the surface as sized up in my trading room past few wks! 💃
Goldman Sach’s Retail Sentiment basket is having its best quarter since the 2021 short squeeze frenzy.
I love leaving clients on a high note 💃😉
$CVNA up 100% in 3 wks + 40% post earning miss, $AMC turned R/G now up 40% off the Friday lows and $BBBY up 40% since 4am! 👇🎯
If you’ve raised toddlers, you can master reverse psychology in markets.
Same thing I told clients early July - earnings tend to be worse-than-expected when released into an overbought market + better-than-feared when released into an oversold market.
Q3 is key
🇺🇸 2Q results from companies whose results have trailed analysts’ estimates have been rewarded with the biggest stock price gains in at least five years. #SPX firms that fell short of earnings expectations gained 0.6% after reporting results, according to Bloomberg data