I feel a lot better about waiting for the bounce back. Too many of my options are way too far out of the money to sell. I'm holding on for dear life. Hopefully Santa trades the coal in my stocking for gold bars. Thanks and Merry Christmas!
Dear Henry; Nobody could have foreseen the odd statements that Powell made today. Your analysis is sound. Anyone who berates you should try to start a RUclips channel and gather the charting tools and the knowledge to produce videos. I trust you Henry.
Big Henry....you da man. Can't wait for the next few days and weeks. Everything will back up and people will wish they have put some money to work. Appreciate your service to us
I'm honestly surprised you don't have more subscribers. One of the few people I watch and pay attention to on youtube when it comes to TA. They hate us cause they anit us. Keep up the great work!!!
God forbid unforeseen events come through. If people are hating that means you have fans brother. Keep crushing it, love your videos. Lost a good chunk today because I got burned with outs last FOMC. Moving on
The fact that NVDA held up well amidst a sharp market selloff is a tell tale sign, a harbinger that we're not going to see the markets crash or sell off much further
@@Bryan-yq9pz Yeah Tesla sold off over 8% but it was ripe for profit taking / pullback, look at it's daily chart it was way overextended with a vertical move higher, while NVDA has been consolidating and coiling for a move higher
Last year the Nasdaq set new rules for the weighting of held securities. 1) No security weight may exceed 14% of the index. 2) The aggregate weight of the top 5 market caps will be set to 38.5%. 3) No security with a market cap outside the top 5 will have a final index weight of the lesser of 4.4% or the weight of the 5th largest security. The 5th largest market cap is Google, weighted 5.2% of QQQ. Broadcom, the 9th largest market cap, is currently weighted at 6.6%, down from 6.89% before the fed statements. For Broadcom to reach 4.4% weight of QQQ, invesco will have to reduce their position by 30%. Tesla is weighted 5.36%,. Meta 4.98%.....January rebalance will be impactful.
Henry!! We appreciate you brother. Adults will behave like adults, children like children. This Trading game is for Grown ups. Take the pain like a man.
The NVDA double-bottom at 126.89 that I called happened, I hate when I'm right but I wouldn't have had the chance to trade in aftermarket hours anyway. I was worried about the weak momentum, so the trendline at 136.55 didn't get broken. The aftermarket momentum looks good, but that stuff is usually fake pricing. Someone I know kept saying for a week that TSLA will drop 10% in a day soon, and it dropped 12% yesterday. They didn't expect it to happen yesterday, though.
Don't let the haters get to you Henry, nobody saw this coming because the rate cut was a given and if Powell had not decided to go off script and start making hawkish comments the small dip after 2 p.m. would have been followed by a reversal higher into the close.
Henry, totally agree with a very nice bounce coming, would like a bit more down to buy but that would be to clean and easy to trade. Would not like waking up in am and NQs up 200+ points without me being in it. Having been a trader for 30+ years they will not make it easy =best guess to hop on this coming rally. BTW all the reasons given for todays dump by "experts" useless. Like Gekko would have said, Big boys wrecked it because it was wreckable because most retail too bullish. JP didn't say anything that we didn't know. Lesson from today is We have to control our risk everyday because anything can happen. Keep up the good work, Good Trading for all of you tomorrow
@henryjamescharts hey Henry, I purchased your annual subscription but I’m having trouble getting logged in. Could you let me know what I need to do. Thanks
I bought RKLB and watched it drop 2 bucks. I got blindsided. Wow. Man, you do have accurate analysis, but today everyone got caught. LOL Thanks for your help, you're still great.
I didn't see this coming today but I did notice 50% of the daily volume waiting to go either way before power spoke. Tonight we have Japan decision, that's going to move the market tomorrow.
careful this time. if you fib high to low, the FVGs on the 15m NQ are all aligned with the 382, 500, and 618 fibs. thinking one of those is gonna reject if tmrw retraces up
Triple top, extreme bullish sentiment, record number of retail traders in the market and papa Jpow put the last nail in the coffin. The signs were there, my puts printed
All I know is I feel bad for anyone who got their accounts blown up but all I see is opportunities everywhere! Let’s get it Henryyyyyy. Let’s get that bag and throw some money at your haters.
If you weren’t cautious today that’s ur fault… this was an expected outcome. Pay attention to the options activity. Positions flat during days like this until the news has passed. I shorted the close and made 9k
I can't say a single bad thing - nor would I, as I was taught better - and I think anyone with a brain agrees that you are exceptional at reading, understanding and explaining the charts. I have learned so much since I have been following you, and I am greatly appreciative. With that said, I personally think the market as a whole is significantly overpriced and I do believe that at some point very soon, the market will either reverse,, or have even more of a pullback. Do you really think the market will continue going straight up? SPY has went up right at 50 percent in one year - from late October 23 to late November 24. I think it is at a level that it at least begins a lengthy consolidation,, but I think it will top soon, if it hasn't already,, due to it being so overpriced - but you have been correct considerably more than I have,,, because I thought it would begin crashing around 500. We may disagree on where the market "should" go from here, but you are the technical analysis expert, and I thank you for your time and all that I have learned.
Not hate from me Henry nobody coulda predicted this today haha, but unfortunately I been waiting a week or so for that 600.17 level to hit on spy so i can load heavy calls
I don’t think the analysis was wrong I think too many people had the same sentiment and the market never does exactly what we expect. You do get it right more often than not. Everyone got hammered yesterday unless your a secret genius and bought a bunch of puts. Also people can’t get mad for following someone else’s analysis they need to sack up and do the work.
Henry my guy 😂 The big guys trying to get retail again. I didn’t sold a single thing. This is why you buy long dated contracts. Now it’s time to buy more folks GOLDEN OPPORTUNITY.
I seen it coming. I'm not worried about it but i knew Powell would disappoint, EVERYBODY SHOULD HAVE! if you follow politics you'd know Powell is caught between two groups and guess which ones he's surrounded by? Not the people. That said, it just created a little buying opportunity. Who sat at the bottom and gobbled up that flash crash? The reason you got so much hate is cause too many people don't want to learn and take accountability for there market decisions. That has to be one of the most embarrassing things anyone can do- react with hate to a guy putting out knowledge cause you blindly put all your marbles in a basket and you still don't understand what went wrong. If they did they would know it was an opportunity.
Henry < appreciate you man , I am a believer, sneaky move by big money to flash people out to accumulate. I had 2 Nvidia calls 132 and 129 strikes 6 weeks out , so the delta didn’t kill me .
Nobody saw this coming lmao charting or TA had nothing to do with this with anything its all JPOW's fault! 😂 if people knew they wouldve fullported super OTM puts at like .01 or .02 a con lol or as you said a gambler.
Go got people rocked. "If you look at these charts and are seeing bearishness, you dont know what you are doing" lmao. Thanks bro
I feel a lot better about waiting for the bounce back. Too many of my options are way too far out of the money to sell. I'm holding on for dear life. Hopefully Santa trades the coal in my stocking for gold bars. Thanks and Merry Christmas!
I have got 40 days left on my spy call. I'm down 800 lol idk if I'm going to sell it if try to go lower or hold on and hope for the best
Dear Henry;
Nobody could have foreseen the odd statements that Powell made today. Your analysis is sound. Anyone who berates you should try to start a RUclips channel and gather the charting tools and the knowledge to produce videos. I trust you Henry.
Henry you're the best, believe me
Big Henry....you da man. Can't wait for the next few days and weeks. Everything will back up and people will wish they have put some money to work. Appreciate your service to us
I'm honestly surprised you don't have more subscribers. One of the few people I watch and pay attention to on youtube when it comes to TA. They hate us cause they anit us. Keep up the great work!!!
Thank you Henry….Haters will always exist….keep doing your thing…we appreciate it
God forbid unforeseen events come through. If people are hating that means you have fans brother. Keep crushing it, love your videos. Lost a good chunk today because I got burned with outs last FOMC. Moving on
The best part of the day is here 🎉
The fact that NVDA held up well amidst a sharp market selloff is a tell tale sign, a harbinger that we're not going to see the markets crash or sell off much further
Did you see TSLA? Remember, those two (NVDA/TSLA) are merged inversely so you can't just say everything is ok because NVDA didn't crash.
My nvidia option I got yesterday is still up 200 after hours, ultimate dip buy right now
@@Bryan-yq9pz Yeah Tesla sold off over 8% but it was ripe for profit taking / pullback, look at it's daily chart it was way overextended with a vertical move higher, while NVDA has been consolidating and coiling for a move higher
Last year the Nasdaq set new rules for the weighting of held securities. 1) No security weight may exceed 14% of the index. 2) The aggregate weight of the top 5 market caps will be set to 38.5%. 3) No security with a market cap outside the top 5 will have a final index weight of the lesser of 4.4% or the weight of the 5th largest security.
The 5th largest market cap is Google, weighted 5.2% of QQQ. Broadcom, the 9th largest market cap, is currently weighted at 6.6%, down from 6.89% before the fed statements.
For Broadcom to reach 4.4% weight of QQQ, invesco will have to reduce their position by 30%.
Tesla is weighted 5.36%,. Meta 4.98%.....January rebalance will be impactful.
Henry!! We appreciate you brother. Adults will behave like adults, children like children. This Trading game is for Grown ups. Take the pain like a man.
The NVDA double-bottom at 126.89 that I called happened, I hate when I'm right but I wouldn't have had the chance to trade in aftermarket hours anyway. I was worried about the weak momentum, so the trendline at 136.55 didn't get broken. The aftermarket momentum looks good, but that stuff is usually fake pricing. Someone I know kept saying for a week that TSLA will drop 10% in a day soon, and it dropped 12% yesterday. They didn't expect it to happen yesterday, though.
Best guy to take advice from 100% Keep killing it! Shits on point
Bro you are a f’ing stud. Keep going.
Thoughts on spy options ? What percentage gain ?
HI HENRY ❤❤❤🎉🎉🎉🎉. Pay the haters no mind. You are the best. Ty and love ya.
Don't let the haters get to you Henry, nobody saw this coming because the rate cut was a given and if Powell had not decided to go off script and start making hawkish comments the small dip after 2 p.m. would have been followed by a reversal higher into the close.
I made my money in the morning and got out. I knew JP was speaking and I will never trade when he has the floor.
Don’t sweat the trolls! I’ve been following you for about a year now and your TA has been top notch!
Henry, totally agree with a very nice bounce coming, would like a bit more down to buy but that would be to clean and easy to trade. Would not like waking up in am and NQs up 200+ points without me being in it. Having been a trader for 30+ years they will not make it easy =best guess to hop on this coming rally. BTW all the reasons given for todays dump by "experts" useless. Like Gekko would have said, Big boys wrecked it because it was wreckable because most retail too bullish. JP didn't say anything that we didn't know. Lesson from today is We have to control our risk everyday because anything can happen. Keep up the good work, Good Trading for all of you tomorrow
Money Time!! .. Thanks HJ.
Was hoping for a pullback over like a weeks time, lmao they gave us the whole thing in 90 minutes. Thanks for all you do still
😂😂😂facts. Couldn’t believe today’s drop
@henryjamescharts hey Henry, I purchased your annual subscription but I’m having trouble getting logged in. Could you let me know what I need to do. Thanks
Anyone who buys or sells needs to be a man and take responsibility for there pain or gain. Not blame you for acting on what you thought would happen.
Agreed!
Just threw another 2k in the market after close, only buy on red days and today was a heck of a sale! Keep up the great work man.
Thanks for your support Henry great video
I bought RKLB and watched it drop 2 bucks. I got blindsided. Wow. Man, you do have accurate analysis, but today everyone got caught. LOL Thanks for your help, you're still great.
Hold on man, RKLB have bright future ahead 😤
We got this🎉🎉. Things happen we all take responsibility for our trades
I didn't see this coming today but I did notice 50% of the daily volume waiting to go either way before power spoke. Tonight we have Japan decision, that's going to move the market tomorrow.
careful this time. if you fib high to low, the FVGs on the 15m NQ are all aligned with the 382, 500, and 618 fibs. thinking one of those is gonna reject if tmrw retraces up
It doesn’t even matter if it goes up or down. Follow the trend. Long or short accordingly
Thank you henry 🔥
Nvda way up after hours
Triple top, extreme bullish sentiment, record number of retail traders in the market and papa Jpow put the last nail in the coffin. The signs were there, my puts printed
All I know is I feel bad for anyone who got their accounts blown up but all I see is opportunities everywhere! Let’s get it Henryyyyyy. Let’s get that bag and throw some money at your haters.
If you weren’t cautious today that’s ur fault… this was an expected outcome. Pay attention to the options activity. Positions flat during days like this until the news has passed. I shorted the close and made 9k
Thanks ! 💪🏾
this is actually super good..NOw we are really set for a rocket
I still tune in teligously for this guy. One day he was off, out of hundreds. If you manage tisk, let it ride. Thanks James
Good stuff Man!! And keep being A Contrarian 👊
Fear and Greed index dropped to 34. Lots of room to go up.
Today was the day to take chances and get aggressive.... it just didn't work. 🤝
Yesterday was a Gift from Santa.
Love the vidz bro
I can't say a single bad thing - nor would I, as I was taught better - and I think anyone with a brain agrees that you are exceptional at reading, understanding and explaining the charts. I have learned so much since I have been following you, and I am greatly appreciative. With that said, I personally think the market as a whole is significantly overpriced and I do believe that at some point very soon, the market will either reverse,, or have even more of a pullback. Do you really think the market will continue going straight up? SPY has went up right at 50 percent in one year - from late October 23 to late November 24. I think it is at a level that it at least begins a lengthy consolidation,, but I think it will top soon, if it hasn't already,, due to it being so overpriced - but you have been correct considerably more than I have,,, because I thought it would begin crashing around 500. We may disagree on where the market "should" go from here, but you are the technical analysis expert, and I thank you for your time and all that I have learned.
I think people.
Like you because you give them. Hope not because you're always right.
I bought more calls today, am I doing it right?
I personally think you’re doing great as long as they got 1-2 months on em. Market is bottoming 100%
Thank you for common sense, valuable information!
It's our responsibility to trade and manage risk. Thank you for your guidance and your honesty. Don't pay attention to the Gamblers
Nvidia was up in after hours. Do you think it will drop on open or keep going up from 130?
Open 133-134, I think it goes up from here
thank you
Definitely entering into some fresh calls tmmr. That drop was very unexpected, but they always seem to squeeze it back up
I appreciate you!
You called NVDA before the market crashed and brought everything down with it. Was on track to go back to the 140s this week. Still could tbh
Not hate from me Henry nobody coulda predicted this today haha, but unfortunately I been waiting a week or so for that 600.17 level to hit on spy so i can load heavy calls
And immideatly after my entry I got stopped out 😂😂😂
this shit is gonna be a face ripper rally, that vix spike is nuts
Hard to be bullish when the Fed adjusted all their expectations higher for unemployment and inflation. Thats a tough spot for bulls
I appreciate you, keep doing the good work!
First time on this channel but comparing 2021 with bazooka fed help vs potential rate hikes is crazy
Look how they have massacred my boy...
Thanks man, awesome stuff as always
I don’t think the analysis was wrong I think too many people had the same sentiment and the market never does exactly what we expect. You do get it right more often than not. Everyone got hammered yesterday unless your a secret genius and bought a bunch of puts. Also people can’t get mad for following someone else’s analysis they need to sack up and do the work.
Thank you Henry 😊for your service
I love trading the Russel, so im all good ❤
we fucking love you henry, FUCK the haters!!!!! you are the goat 🫡
Psychological advice! Ha, i love it
bro there are entire discords that had this day pegged,,,There are Bear discords...There usually wrong but today they nailed it
Henry my guy 😂 The big guys trying to get retail again. I didn’t sold a single thing. This is why you buy long dated contracts. Now it’s time to buy more folks GOLDEN OPPORTUNITY.
I was up 300 and then finished down 400 rip!
I seen it coming. I'm not worried about it but i knew Powell would disappoint, EVERYBODY SHOULD HAVE! if you follow politics you'd know Powell is caught between two groups and guess which ones he's surrounded by? Not the people. That said, it just created a little buying opportunity. Who sat at the bottom and gobbled up that flash crash? The reason you got so much hate is cause too many people don't want to learn and take accountability for there market decisions. That has to be one of the most embarrassing things anyone can do- react with hate to a guy putting out knowledge cause you blindly put all your marbles in a basket and you still don't understand what went wrong. If they did they would know it was an opportunity.
Mu down 15 percent cus of earnings
You are not on right path if you don’t have naysayers lol.. although it was a big rug pull 😂 little heads up would have been better by pow wow
Bears might take down nvidia. I really don't believe nvidia will run yet
Ive been trading this market since the flash crash of 2018
Anybody that says they saw this coming is a hindsight 20/20 trader
damn, I got destroyed today, it was really rough.
Short dated calls I’m guessing?
@@HenryJamesCharts longs that got stopped out, ( for jan, ) i will re-enter tomorrow,
Haters gunna hate. Tomorrow's a new opportunity
TIME SELL PUTS LINE GO UP SOON
Great
Henry < appreciate you man , I am a believer, sneaky move by big money to flash people out to accumulate. I had 2 Nvidia calls 132 and 129 strikes 6 weeks out , so the delta didn’t kill me .
Nobody saw this coming lmao charting or TA had nothing to do with this with anything its all JPOW's fault! 😂 if people knew they wouldve fullported super OTM puts at like .01 or .02 a con lol or as you said a gambler.
Buy the dip to get stopped out and expires worthless??😂😂🤷♂️
By the dip with time so you don’t suffer a massive loss in the short term numb nuts
massive bear trap we got mad rockets to come lol all those idiot crash calling utbers gonna get wiped out 😂 ill buy calls on the dips
0:30, crazy thing is last time you said this we fell like 6% the next day lmao lets hope japan doesnt get crazy again
Meh he's been more right than wrong.
And then the bottom was in and ripped that next day😂 if the market falls tmrw, buy it. It’s clear as day must like it was last time man
🤣 this dude is funny. you better take us to santa clause or we gonna delete you from youtube bruh... jk👊