Sam Weiss

Market pressing well into new all-time highs now as it gets close to our high target for the rally.

Market going through a typical near-term topping process. Nvidia following suit. End of July marks 80th session of the rally and the most likely point for a top.

QQQ & Nvidia are pulling back as expected. We’re targeting $148-$150 as an exit point for our Nvidia puts we purchased near the $158 level.

The QQQ is most likely to peak near the end of July as returns should be slow developing from here on out. Chances are the QQQ peaks near $560 a share at its highs.

The NASDAQ-100 (QQQ) rally has extended to 36.82% which is higher than every other rally going back to 2010. Only Covid was larger. This was all telegraphed back in April at the lows.

Nvidia is at deeply overbought conditions and once it approaches $160, it’ll be set up for a near-term short-trade. Pull-back and then surge to all-time highs again.

The NASDAQ-100 (QQQ) rally extends to fresh all-time highs as it crosses into overbought territory. Nvidia (NVDA) returns to its all-time highs at $153 a share. We discuss how to play it.

QQQ returns to its all-time highs on news of an Iran-Israel ceasefire. Fresh all-time highs were inevitable ever since the QQQ pushed above $500 three-weeks back.

The QQQ consolidation between $520 and $537 continues as the ETF forms the beginnings of a bullish flag.

As the market continues consolidating, we outline our plans for Arryn, Lannister and Stark Portfolios. Our plan is to purchase a new hedge soon.