Daily Posts & Analysis

While the S&P 500 (SPY) has been on a full-blown intermediate-term rally since August 5, the NASDAQ-100 has entered a short period of uncertainty. With earnings around the corner, we should gain some clarity soon.

With the NASDAQ-100 continuing to trade in a tight range above its $490 support, it’s still technically set-up for a breakout. Nvidia nears the end of its 4-month consolidation. But its move to ATH may be a bit early in the cycle.

Our plan to hedge out the risk in our options portfolio including a full detailed analysis of how to hedge.

NASDAQ-100 near-term outlook continues to be muddled. Nvidia, meanwhile, hits a new intraday all-time high.

The NASDAQ-100 (QQQ) is at a critical juncture but the rally can still be salvaged with a hard push through all-time highs. Nvidia pulled back as expected, but its near-term direction depends on the QQQ.

NASDAQ-100 (QQQ) knocked back just as the index broke out above its $494 resistance. Nvidia (NVDA) has pulled back exactly as expected, but it’s a little too far too fast. We’ll discuss the consequences of all of this.

Three key things to watch today. Nvidia (NVDA) is pushing overbought on the hourly now. NASDAQ-100 is on breakout watch at $494. We’ll soon be hedging our Lannister Portfolio through the use of put options. Stay tuned.

Tesla unveils Robotaxi at its We, Robot event at Warner Bro. Studios. But the stock is down 10% on the event putting it on SW trade watch. The NASDAQ continues to struggle with $493 resistance and Nvidia pushes slightly higher to $135+.