Daily Posts & Analysis

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+.

Market reverses course off of this morning’s gap-down due to poor CPI data. QQQ needs to see a green close at the highs of the day today for momentum to continue. Nvidia pushes into a third instance of overbought conditions.