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Im looking at the market right now. “a near-term top somewhere around the low $530’s on the QQQ ahead of another sharp pull-back.”
Sam, you are a magician. Thanks for the detail analysis as always.
The almighty DieselCock has spoken
Dieselcock, dieselcock, dieselcock
I remember seeing someone ask about Goog in a previous post when it pulled back and you were holding off on it. Does the pullback today change your position?
So if Google gets down to the low $180’s again today we might be interested in buying a near-term option on it.
Are we in a holding pattern on our AAPL and MSFT calls?
Yeah they’re both setting up for a rally. With Apple, we may soon add to our position.
The NASDAQ-100 looks like it could bottom out sooner rather than later. The hourly bars are showing resistance. Both Apple and Microsoft will follow the QQQ on the rebound.
In your first NVIDIA outlook, I think you meant “we’re right near the 70-RSI and $130 resistance”.
Does Nvidia closing at the high today affect your outlook at all? I thought it would’ve ended lower based on how SPX and QQQ went in the latter part of the day
Yup, would nvdia have a milder pullback now?
since QQQ already drop -1.26%
Hi Sam, QQQ & NVIDIA bled down to $521 & $128.. are we still going to see them go low next week?