At some point, you are going to need to start addressing the news, or the fact that someone, possibly government operatives, rug pull the market. There's nothing organic about EVERYONE coming to the same conclusion on the news and wanting to sell all at once, particularly during the middle of any average trading day when random stocks get a large red candle at the same time.
This is what happens when ETFs rule the market. Everything gets tossed and sector correlations begin to approach 1.0. This creates buying opportunities in the high quality names.
SPX looks like a perfect setup for a head and shoulders downturn (maybe ~7%) - dip a little tomorrow to the neckline, bounce back up as the awaited Santa Claus rally to the shoulder and then dump. Or we just close the gap at 5722 and go back up from there
Sold everything to buy this dip. thank Santa Jerome for the gift that keeps on giving. Sell everything to buy this dip. The snap back will make this candle look like chump change, Weekly expected move is at 596 so get out there. but we can see 598 but not sure if we get there by tomorrow.
Listen the expected move on the SPY tomorrow is $13+ dollars. I am not telling anyone what to do but hey, that is to the upside and the downside. That is the largest one day move I've seen priced by the options market on this ETF.
Powell did not go off script. He’s a smart guy and is thinking 10 miles ahead as well as every other person who has a brain bigger than a peanut. If people didn’t make money after 2pm then you should stop trading.
I think you’re wrong in Bitcoin predictions. I do believe Bitcoin has a better chance to go higher than stocks from here. More adoption and Trump administration new proposal for the US reserved will push it higher. The scarcity of this asset will cause a much higher moves in 2025 which i truly believe it will happen.
LOL, Your support was wrong. The top is in. 10-15% correction from here. No Santa Rally. And we already went to 584. it went to 583.16 in after hours so not sure what you are talking about? That is an engulfing reversal candle.
Huge Spikes in EV and AI sectors Wed .. NKLA 23 %.. Nikola..new Hyla Hydrogen station . VHAI 21 %.. Vocodia. Conversational AI tech...Frey 18 %...QS 9 %... SoundHound 23 %.. ChargePoint 11 %..Blade Evtol Jets 8 %...QUBT over 40 %. Thumbs Up video/ comments.. Thanks as the Dip-buying as Already Begun
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lol save the bs. You were telling your discord we were bouncing today. 😂 remember soxx 230 😂
Folks, watch the past two days videos, that’s all you need to know about this channel.
Yup, I just come here for the excuses and comments 😂
What do you mean?
Hehe, he killed the calls and margin called people 😂😂😂
You called it spot on.....
Great call on all time highs!
One drop and bull market is over!! Alright Alright. Liked the analysis here though.
Best Christmas rally ever 🎉😂
I do not think we go to all time highs now. The market sustained significant technical damage.
You do realize we dumped even more on August 5 and Aug 30 to September 6 and made new ATHs soon after
@@SUD-yb2pnYeah, but that’s when the mkt had priced in 6 more rate cuts than it is now.
Yes, you did!
Thanks Cory ! The Qs finally closed the gap @517 today . Good call !
Buy the dip this is the dip to buy for the next couple of months.
No its not
lol 📉📉📉 this just a start. Next leg lower coming
Ok watch tomorrow we shall see
Today was super predictable. SPY had a sell signal last Thursday.
Like water my son 😂
Fantastic Analysis, Cory. Well done.
At some point, you are going to need to start addressing the news, or the fact that someone, possibly government operatives, rug pull the market. There's nothing organic about EVERYONE coming to the same conclusion on the news and wanting to sell all at once, particularly during the middle of any average trading day when random stocks get a large red candle at the same time.
It was not random selling day. Today was fed day and the market reacted to the fed adjusting fed rate cuts for the next year
It was FOMC day, not random.
This is what happens when ETFs rule the market. Everything gets tossed and sector correlations begin to approach 1.0. This creates buying opportunities in the high quality names.
SPY headed to 500! Its over
Lost 3 days of gain but bought the dip big
Buy the fkn dip, we're going higher.
Famous last words
SPX looks like a perfect setup for a head and shoulders downturn (maybe ~7%) - dip a little tomorrow to the neckline, bounce back up as the awaited Santa Claus rally to the shoulder and then dump. Or we just close the gap at 5722 and go back up from there
Yea yea I definitely knew it was going to happen
Jerome just gave his buddies a hint
YUP,. About, 8 to 10 Days,..AGO !!!!
The Market Has Been, trending DOWN for,. 9 to 10 Days, already !!!
Powell NEEDS to,. GO !!!
Sold everything to buy this dip. thank Santa Jerome for the gift that keeps on giving. Sell everything to buy this dip. The snap back will make this candle look like chump change, Weekly expected move is at 596 so get out there. but we can see 598 but not sure if we get there by tomorrow.
Listen the expected move on the SPY tomorrow is $13+ dollars. I am not telling anyone what to do but hey, that is to the upside and the downside. That is the largest one day move I've seen priced by the options market on this ETF.
@@TheMAC0876Cuz IV is high.
23% ?
Not talking about anyone here. The people who sold out at the bottom today are going to regret it. That includes people who sold Mutual Funds.
H&S ?
LEAPS calls on IWM will print from here
Powell did not go off script. He’s a smart guy and is thinking 10 miles ahead as well as every other person who has a brain bigger than a peanut. If people didn’t make money after 2pm then you should stop trading.
I wish I had traded the vix
I think you’re wrong in Bitcoin predictions. I do believe Bitcoin has a better chance to go higher than stocks from here. More adoption and Trump administration new proposal for the US reserved will push it higher. The scarcity of this asset will cause a much higher moves in 2025 which i truly believe it will happen.
LOL, Your support was wrong. The top is in. 10-15% correction from here. No Santa Rally. And we already went to 584. it went to 583.16 in after hours so not sure what you are talking about? That is an engulfing reversal candle.
Damn I hope your wrong because I am shorting TSLA 😮
lol, bro 430 was time to buy the dip. Perfect retest
Ohhhh please please buy the dip bulls pleeaaaasssseeeee, this ponzi about to finally cave in biggest down day I ever seen sure everything is fine
We still in bull market the market pulled back on major news regarding intrest rate cuts
has the bear market suddenly started?
He's lied constantly for almost four years, and he has to tell just a little truth today!? Lol Asshat
SB
If you're upset about today's price action and you voted for Trump, you voted for this
He isn't in office TDS get help
Huge Spikes in EV and AI sectors Wed .. NKLA 23 %.. Nikola..new Hyla Hydrogen station . VHAI 21 %.. Vocodia. Conversational AI tech...Frey 18 %...QS 9 %... SoundHound 23 %.. ChargePoint 11 %..Blade Evtol Jets 8 %...QUBT over 40 %. Thumbs Up video/ comments.. Thanks as the Dip-buying as Already Begun
Save the BS. NKLA up 3 percent today. .04 Down 96 percent on the year.
@cbane Maybe BS to you. . because you didn't trade for 23 % gains
@@2023gainer yeah that's correct. Would never invest in crap companies.
...first😅
So what if you're first! Do something with it and make a meaningful comment!