11:40 AM EST: QQQ pull-back is going off trend
Today marks the SEVENTH (7th) day in the market-wide pull-back that began last Thursday, August 22, 2024. As we mentioned this past week, the two biggest reasons for that pull-back were the fact that (1) The NASDAQ-100 rallied for $62 straight points w...
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Do you have a perspective on if Broadcomm earnings will impact the direction of the market and/or Nvidia next week? Thanks again!
QQQs closed on a daily hammer candle. NVDA looked all day like rolling over 118 until the last two hours.
Recently, during a holiday, Asia + Europe pump it up and the following day it gets dumped.
Still hoping for normal recovery to start next week instead of a double bottom/higher low.
Thanks for your analysis!
I am still new with selling covered call to hedge. Can you please elaborate how to do so?
I’ll be doing that here:
https://sam-weiss.com/investing-basics/
Lesson 4.