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Misc Stock Market

I put some URTY on today...small caps look ready but large cap tech has been dominating everything. I added some SPY this morning too.

Wanting macd to start curling up...really think we see a nice rally for small caps into year end but...so far it's been bleeding the past couple of weeks.

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I put some URTY on today...small caps look ready but large cap tech has been dominating everything. I added some SPY this morning too.

Wanting macd to start curling up...really think we see a nice rally for small caps into year end but...so far it's been bleeding the past couple of weeks.

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If you are in, I’m in. Let’s go.
 
I’m billing you for any losses
I love this look...I added more URTY on the gap fill this morning. Healthy position now...2hr macd about to cross. But, it's clearly on a downtrend the past 2-3 weeks and until we get an aggressive move through that trendline it might keep grinding lower.

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Just tell me when to sell
I am drawing a line in the sand today...I have a stop set at today's low and then plan on holding this into the end of the year. I might trim a little into $244 on IWM...but thats several days away...assuming it comes.
 
I am fairly light right now...got a little bit of SPY on and will wait for either this to breakout above 6100 or add dips between 6000-6050.

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Yields are ripping...should be bearish for tech and small caps...the PPI was really bad. But this market is so bullish right now it's hard to keep anything down...with such a big up year in the market most want to sell until Jan-Feb to cover capital gains so not sure how this month will end.

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I didn’t even realize we had a trading sub in here! Microstrategy was just included in the nasdaq 100/QQQ. You’re not bullish enough on Bitcoin. Even the naysayers will be invested in it by proxy even if they don’t realize it 🚀
 
MegaCAP tech out of control....valuations have gotten way ahead of themselves. We are due for a hard correction in tech, probably won't be until end of Jan into Feb though. I am not touching tech until we get a 10% pullback. Will stick with SPY and got my eyes on small caps.

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