The last two times the Fed hiked in a midterm September: one crash, one bottom. Round three is in two weeks, here’s how to trade into the event 👇 $S&P 500(.SPX)$ closed at 7,631, its lowest level since August 4, after losing the 7,650-7,700 zone it defended for two weeks. Oil is surging on the Strait of Hormuz escalation, the 10-year is pressing 4.8%, and rate markets flipped to pricing a September hike. Jobs Friday, then FOMC mid-month. Three paths from here. Scenario #1: The September Flush Oil and yields don’t let up and the breakdown follows through. $SPX loses 7,600, bounces get sold, and the flush runs to 7,500 (roughly 4% off the highs) where the market finally bottoms out. If the midterm playbook holds, that’s the low o
Sharp sell off today in $S&P 500(.SPX)$ and $Invesco QQQ(QQQ)$ after the gap down. $S&P 500(.SPX)$ 7620 is a key support level.. if this level fails we can see a sell off to 7580,7550 next. Puts can work under 7620 tomorrow. I'd wait for 7700 for calls. $Invesco QQQ(QQQ)$ if 702 breaks we can see a flush to 693. Puts can work under 702. There's been more escalation in the Iran war and the Treasury yields + Oil are also rising. Lots of headwinds over the next 2 weeks. Risk off for now as long as $SPX stays under 7700 and
Boomers are rich because they’ve collected a free 2,000% return over 76 years. Here’s how you can grow your portfolio just like them 👇 Every midterm since 1950 $S&P 500(.SPX)$ has never once failed to rally the following year. But first, the market makes you bleed for it SEPTEMBER: THE FLUSH Worst month on the calendar. −0.76% average since 1960, and midterm years hit harder. Every red headline between now and November 3 is designed to make you sell the bottom SEPT-OCT: THE TRAP DOOR Midterm lows hit here, before the vote, not after. 2022 bottomed October 12, then ran 14% in twelve months to new highs. 2018 stretched the pain to December 24. Scale in. Don’t lump in POST-ELECTION: THE PAYOFF 19 for 19. Average returns between 12
Hello everyone! Today i want to share some option strategies with you! $Strategy(MSTR)$ Trade Idea: Sept 11 135C Trigger: 127 ✅ Targets: 137, 151 🎯 Stop: 122 🛑 MSTR ran from 118 to 139 last week. MSTR closing at 127 on Friday as BTC rejected at the 80k resistance. If BTC can breakout above 80k in the next 2 weeks, MSTR can move back up to 151. Calls can work above 127 for this week.
Hello everyone! Today i want to share some trading ideas with you! TRADE PLAN for Wednesday 📈 Another consolidation day today as expected before PCE data premarket tmrw + NVDA earnings after hours. SPX needs 7700 and $Invesco QQQ(QQQ)$ above 715 to trigger more bullish movement. Wait for these levels to align. If SPX fails to hold 7600 and QQQ breaks 700 after Jackson Hole we can see the market make a deeper correction. $Robinhood(HOOD)$ closed up 8% today, it's been basing for almost a year. If it holds 100 into September we can see a push to 120-125 next. Calls can work above 110 this week. $Micron Technology(MU)$ an
Hello everyone! Today i want to share some trading strategies with you! TRADE PLAN for Tuesday 📈 $S&P 500(.SPX)$ 7 days of consolidation since touching the ATH at 7816. Let's see if SPX tests the 7620 level before a bottom forms. I don't see any real signs of strength in SPX or $Invesco QQQ(QQQ)$ yet. QQQ can fill the gap near 701 next. If we see a quick flush to 693 this week, this should mark a short term bottom. BE patient and wait until after Core PCE/NVDA earnings before taking any bigger trades this week. $SanDisk Corp.(SNDK)$ dropped 200 points from last night's highs at the open on Sunday. SNDK held at 14
Hello everyone! Today i want to share some option strategies with you! 1 $S&P 500(.SPX)$ TRADE PLAN 📈 📉 SPX bullish plan: SPX above 7700 | SPX Aug 25 7750C 📈 T: 7759, 7800 SL 7661 SPX bearish plan: SPX under 7620 | SPX Aug 25 7550P 📉 T: 7578, 7550 SL 7661 SPX dropped 150 points from last week's highs. SPX almost dropped to the previous all-time high near 7620 this past week. If SPX can start to carve out some higher lows above 7660 this week and reclaim 7700 we can see a push back to 7800 again. Fed Chair Warsh is speaking at Jackson Hole on Friday. This can be the big catalyst for the week. 2 $Strategy(MSTR)$ Trade Idea: Aug 28 125C Trigger: 120 ✅ Targets: 127, 137 🎯 S
TRADE PLAN for LOTTO Friday 📈 Next is OPEX. Expect to see more volatility. SPX failed at the 7700 level and dropped 50+ points today. SPX can test the previous ATH at 7620 next. If this levels fails another 70 pt drop possible. QQQ needs to get back above 715 to test 722 next. $Micron Technology(MU)$ lots of relative strength today. MU to 1000 in play tomorrow if memory stocks can rally. MU Aug 21 990C can work above 970 $Marvell Technology(MRVL)$ winding up for a move to 300 next. IF MRVL can get through 250, I'd consider the Aug 21 255C. QQQ 700-707 is the buy range for a swing long to 726-728 again. IF you see a dip here I'd start loading up calls as well. SPX near 7620 is
TRADE PLAN for Thursday 📈 $S&P 500(.SPX)$ another consolidation day today near 7700. SPX needs to get back above 7745 to start looking at calls. if SPX starts to fail, we can see 7620 again. $Invesco QQQ(QQQ)$ is stuck under 722, once it reclaims this level it can pop back up to 726-730. If 712 fails it can drop to 707. $Bitcoin(BTC.USD.CC)$ finally starting to show some signs of life after ten months of consolidation. IF BTC can reclaim 72k it can move to 80k again. $Strategy(MSTR)$ to 115-120 if BTC runs to 72k this month. Chip and memory stocks a
TRADE PLAN for Wednesday 📈 $S&P 500(.SPX)$ previous ATH at 7620 in play before a bottom forms. SPX gave up the 7700 support today after holding it for 9 days. Chip and memory stocks lead the move lower today as well. $Invesco QQQ(QQQ)$ possible it fills the gap near 707 before a bottom forms too. IF it can't reclaim 722 tomorrow, we can see more downside as well. Let the market drop for now. $Micron Technology(MU)$ needs a push back above 1000 to set up for 1250. We saw MU move from low 700's to 1035 in 3 weeks. Let's see if it can find a base above 900 this month.