📈 Magnificent 7 Flops, A PPI Surprise and We Haven't Seen This Since 1979!

🔴 WATCH LIVE: Stock Market News | July 12, 2024 - Here's What You Need To Know:
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Here's what is happening in the markets today, Friday, July 12th
- S&P hammered while RUSSELL soars
- Should we start paying attention to the S&P 493?
- PPI numbers confirm an inflation surprise
- Banks kick off earnings season
- Jamie Dimon has some inflation comments to share
- Tesla (TSLA) gets downgraded after delaying its robotaxi event
PLUS: I sold calls on HAL and we had 4 WTF exit signals and 1 entry signal.
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#todaysstockmarket #stockmarkettoday #stockmarket

[@JammieF]

Love listening to your updates every day. Thank you!

[@markhodge5070]

Thanks for watching Jammie!

[@taddmansilla598]

S&P flows where the pools of liquidity lives. Did you watch how it finished today just under $560? All those calls expired worthless.

[@George-mf7tm]

Your the winner today but truly my friend only by default.

[@markhodge5070]

😁

[@RTRT-jr8jv]

Thanks for the video. What kind of stop loss do you use for the WTF trades? Is it a limit order, because limit orders might not get filled if the stock moves very fast, right?

[@markhodge5070]

We use a stop "market" order based on the suggested stop. Although there can always be some slippage, this should be minor by focusing on the S&P 100 and NAS100. It's also better to get a few pennies slippage rather than miss the exit altogether by being too picky with a stop limit. :)

[@RTRT-jr8jv]

@@markhodge5070 Thank you for the reply, Mark. Then how do you avoid the stock from moving down big during after market hours because stop "market" orders will only work during market hours.

[@goldenpin2000]

Markus kind of Dad joke :)

[@alvinwong9506]

Only reason I'm watching this pod is to see how they get out of this CSIQ diaster