Macro-to-Micro Analyst+Trader Forecast+Chase https://t.co/MrMkwZYdvt https://t.co/GZILqexQ5C https://t.co/nkIPvSz3wJ… https://t.co/UmKuhy2OwV
@SamanthaLaDuc As I say often, I'm 12% on the year thanks to your insights including on days like today when I decided to watch and not add during this morning's uptick. Result, my puts are looking better and I am on track for a good September and October. Lots of dry powder too.
Oh no, I think of them often.
$AAPL + $TSLA are the ONLY reasons the market hasn't puked yet.
But there is no chance for a sustainable rally without healthy breadth.
And BREADTH IS STILL STRAIGHT DOWN.
Needs to stop, base, reverse higher before it's safe; otherwise, it's not.
@SamanthaLaDuc Is $AAPL considered defensive? Only -15% ? They re subject to discretionary spending more than you think
That's what I do - for chasers, anyway.
Yday & Today in my live trading room:
$3707.71 SPX resistance but 3624.73 support - so that's the channel, intraday. 💃
BUT I'm still bearish until $3586.56 Friday so the bounces don't interest me until that PT is tagged.
@SamanthaLaDuc If you advocated fade the long bet today, which was based on massive amts of sentiment indicators, then I'd be very impressed.