Reddit Posts
Put on Southwest. Or has the news been priced/Weighted in
Why I am bullish with Alaunos Therapeutics Inc $TCRT
Which Gas/Oil company is going to benefit most from renewable energy and will see growth in the next year?
TUP Bull Flag on buy volume increase
$FSR on the move, looks set to break out
$TUP is presenting a nice setup including some squeeze potential
SMFL MA5/MA15 Looking pretty good!
Alaska Energy is Moving Forward with Acquisitions and Sales (TSX-V: AEMC, OTCQB: AKEMF)
Caremax ($CMAX) - the next highly volatile highly speculative play
Equity Due Diligence Report: HippoFi, Inc. (ORHB)
$ORHB DD Report - Looking for 10-20% gains!
$ORHB DD Perspective - Add this to your watchlist!
Alaska Energy is Moving Forward with Acquisitions and Sales (TSX-V: AEMC, OTCQB: AKEMF)
Interview of James A. Mai and Ben Hockett from Cornwall Capital
Just inherited a substantial (to me) lump sum, any advice for long term (10+ year investments) outside of just index funds?
Don't get used to my 10/10 contributions. This is why I'm betting on Zoom $ZM on Monday market openning
Rockwell Automation Reports Strong Q4 Earnings and Upside Guidance for FY23
$CBDW Tapped .045 for high of day and well over the 50 day MA. Could see a push higher here during Power hour. Up over 20% on very nice volume. Company created a chatbot for ecommerce sites. Potential for some big licensing agreements in the near future.
Need some advice on how to execute an exchange in-kind trade
$CBDW Very nice move today. Up 58% With a strong break over the 50MA and moving to the top of the Bollinger band with strong buying in anticipation of the release of their AI Chatbot tomorrow. They have been undergoing testing for the past month with their distribution partner.
Integrated Cyber Solutions Is Your Disruptive Tech Play (CSE: ICS)
SP500 Technical Analysis & Trading Plan for 10/9/23
Ayr Wellness workers in MA on the verge of striking
UPDATE 27Sep2023 - SAFE/SAFER Actionable Progress through Congress (118th Congress - Session 1)
Is charge point back in action and ready to blow up ?
Powerdyne International Inc. Announces A letter to the Shareholders Update
UPDATE 15Sep2023 - SAFE Actionable Progress through Congress (118th Congress - Session 1)
Who has the AMCGME license plate in MA lol I saw you at the Westgate mall
Expect a 12-18 month rally for the cannabis sector. Leafly might be the 25-50x gainer you have dreamed of.
Wall Street Newsletter S03E03: "These Violent Delights Will Have Violent Ends" ( Part 1)
Leafly (LFLY) | Deep Value Gem with Major Regulatory Catalysts
SNDL closes above 200 Day Moving Average of $1.81. First time sp has closed above the 200 day MA in roughly Two Years.
SNDL closes above 200 Day Moving Average of $1.81. First time the sp has closed above 200 day MA in roughly Two Years.
Consumer credit card debt tops $1T - is there a storm brewing for V / MA?
Tracking Private Jets of SPAC Founders. SPAC Founder Vinod Khosla Private Jet Tracking. KVSA
Are They Gonna Save September? - Apple Wonderlust And ARM IPO
Regard Insight: The Moving Average of 200 weeks it's "Magic" 💡
BlockQuarry Announces Development of Revolutionary HPC (High Powered Computing) Mobile Data Center
Fair Isaac Corp. [$FICO] this stock will clobber the market in the next decade
Expected moves, SPY, QQQ, and Michael Burry's big short.
TLRY could potentially see huge squeeze shortly
U.S. House Advances Veterans’ Access to Medical Marijuana in Spending Bill
Mastercard Demands Shutdown of Marijuana Buys on Its Debit Cards - $MA
Q2 Sales Data Headset - never mind safe lets focus on Sales
$MRES Up 22% With some strong early buys coming in. Nice little cup and handle here on a very bullish chart. Beautiful set up here for a strong continuation this week and into next in my opinion with a nice ride along the ten MA. If you like biotechs this is one to watch.
Morning Briefing 🌞 July 11th 2023
Rebalancing Dilemma: Should I Adjust My Portfolio Now?
Analyze penny stocks charts like a pro with these tips
Morning Briefing 🌞 June 30th 2023
Does anyone here know who Arete Trading ? Not his IRL but YT shows. Looking for second opinions and similar content.
Third Round of Consumer Testing Strongly Validates Rapid Absorption and Effectiveness of Pressure BioSciences UltraShear Processed Nano-THC Oral Spray
Dynamic SNP500 Allocation based on Moving Averages - Almost beat the market?
Morning Briefing 🌞 June 23rd 2023
Global Technologies, Ltd. Signs Agreement to Acquire a Real Estate Holding Company
Morning Briefing 🌞 June 21st 2023
$PBTS Making a nice move here with a strong break over the 10 and 20MA and RSI sitting just over 40. Strong buy in this area with the uptrend just starting in my opinion. Telecom with a focus on China and SE Asia and with only 10 million on the float it moves pretty easy.
Opening a 529 for nephew. Whose name sold it be under?
$AGBA Looks like it's changing course and currently trending higher with a nice break over the 50MA and well above several other major moving averages. Moderate volume but with the constant updates from the company on social media and the huge market opportunities in China and SE Asia I like it here
$CEI News this morning has this moving higher on decent volume. Curling up nicely off the 1 dollar bottom and looks like this could be a pretty good reversal. By end of week we should have confirmation. We break over the 10MA it could be confirmed trend change. Keep an eye on it this week.
The relationship between QQQ and its 200 day moving average over time
Mentions
dude fuck the other idiots here saying your stuff is bunk; you’ve obviously got sense. Can I ask what indicators you use on your TradingView chart?? I see the one we’re most paying attention to here is a 112 day MA and the McClellan thing. I’d like to be able to recreate this sort of analysis on my own. Teach me sensei
Yes. 200 MA is right in the middle of this range. Hopefully it goes up and down between 495.70 and 498 all day
Off to the 100MA we go at 492
SPY just casually bouncing between the 10 MA and 50 MA on the intraday
A deeper retrace can put this back to the 200 MA around 420. If rates won’t cut this year, this eventually is quite possible. I really hope not. Need mortgage rates to come down, am in the market for a house
if we break above 5000.9 on futures (100 day MA) GGs easy 2% up day
Man if we hit MA200 tomorrow I’d be sooooo happy
We gotta hit that 200MA on the SPY yet
How many times did the S&P500 dip to its 50D MA and then recover? If you don't have that data, how can you say: "And when it does that, the index often goes on to drop at least another 5%" You've presented no proof that is the case. All you've provided is 3 examples where it did happen, without the context of **how many times it didn't happen**. Go fix your work sir.
What is you guys buy price for NVidia? Part of me thinks we're gonna test the 200 day moving average(600), but another part of me thinks we'll turn around at 680, the previous low before earnings, and the 100 day MA.
Personally, I would recommend using the futures instruments, so /NQ for QQQ and /ES for SPY. I do all of my trading of swing shares using the futures as a general guide. For example, on /NQ we are sitting at an anchored vwap that is from Oct lows. Now, I have confluence and see that AMD is sitting just above its 200MA. Does this mean the market will bottom? God no. But, it gives me an area to build a position in case I have extra cash. Rather than just DCA’ing all the time. However, DCA’ing is still a powerful tool. In this most recent drop, I was able to avoid the now 10% decline and just recently started adding shares.
My guess is a tepid bounce followed by another leg down. It’s still way above the 200MA so it has a lot further it could fall and still remain constructive, just setting up for the next leg higher. Long term I think it has further to run, but it went up too far too fast
Is it even time to "buy the dip" when it's barely even a dip? We're like <5% off ATH for SPY and still a ways away from 200D-MA. It's barely a dip and I'm surprised that WSB is at the "suicide" point where it's "I have been seeing the worst posts with the slump recently" like OP mentioned. My portfolio isn't even down that much. I think it's mainly folks playing with short dated options running momentum plays, RDDT/DJT baggies, and idiots going overboard buying AI/Chips calls who are getting btfo. TL;DR Small toe tip for me since I think it's a small dip. WSB overreacting to it because they over leveraged, played with options/fire, and bought at the top like idiots per usual.
monday i do believe we cont selling hard (which sucks) but a true reversal where we have seen buyers step in has not occurred yet. monday- drill and likely close a little below 490 tuesday- open red go to like 487 and this is likely where buyers step in and start a mini rally wed/thursday- relief rally cont to 515 friday- red day again Earnings should add a little wind to the bulls sails but the market is recalibrating to the fact that there will be no interest rates and I think the 200d MA is where end up (like 470-475) ![img](emote|t5_2th52|4260)
The tech sector may fall into a technical bear trend. It is definitely a minor correction for the SP500, but things may get worse for Nasdaq. Dow and Nasdaq moving in opposite directions on Friday is a key indicator, which is nothing good since Nasdaq has approached its MA120.
Okay, i guess the spy and QQQ might also test there 200MA. We shall see
QQQ will prob be a buy after another week or two of red, I’ll scoop calls off the 200 day MA
Dude APPL is due for a bounce, it’s below or at 200 MA
It had already flattened starting early March, to the point that April 4-12 it had been testing constantly the resistance level at the 50MA. Broke down this level. Today it just closed at the the 120MA level. Hopefully we find a bottom soon
Wait till like 400, QQQ pulls back pretty hard when it does if you holding below cost basis I wouldnt worry too much either. I'd buy AXP, MA, ARCC debt, and BDCS gonna do well with higher for longer.
25 MA is catching up, If it bounces over 496.5 bools win again.
482 should be strong I would think - watch out below. 200 MA is around 420 😱
We going to the 100MA I guess
200 day MA holding the line like crazy
V, MA, KNSL are my favorites.
Definitely breaking below 490 tomorrow, MA(10) crossing over MA(50) while MACD falling below 0, i got faith in you OP!! I can see it hitting below 470, break me off some if im right so i can get back into trading, my family messed with me and i just couldnt trade properly, but just judging how its set up looking like its gonna drop followed by confirmations, unless ppl decide to buy it up tomorrow i can see it taking a huge downswing, thats how its setup to do, but i could be wrong. Ima prolly jinx you on this and im sorry
If the Q's don't hold the 100 day MA at \~420, they are diving straight down below 400 to the 200 day MA .
The biggest reason why Tesla isn’t going to pump and why I bought so much puts is it keeps hitting new lows, 1 year low ect. Every time it bumps from a MA there’s massive sell offs. Big money is focused on recouping losses and getting out when they can. It’s not getting pumped up..
If SPY breaks the 5day MA at $504.55 today, good chance we retrace back up to the 20day MA at $515.6
You should have waited on 50MA Support weekly chart
Read the paper "Leverage for the Long Run" by M Gayd, 2016 Tl;DR: SSO traded on a 200MA strategy works well. r/LETFs r/TQQQ
They are talking about investment banking, so fees they can earn on MA deals and IPOs. Not neccesarily stock performance.
ACTUAL QUESTION: What data do y'all find the most helpful while you're options trading? VIX, RSI, MA, Depth, other shit?
![img](emote|t5_2th52|27189) True correction to the 200 day MA puts spy at 470![img](emote|t5_2th52|4271)
50 MA looks like a crystal ball rn
Now 50 day MA about to cross over the 200 day MA, again don’t know what it means but probably bullish ![img](emote|t5_2th52|12787)
50 day MA about to cross over the 100 day MA … don’t know what it means but that’s gotta be bullish ![img](emote|t5_2th52|12787)
broke above MA on 1min, looking at uptrend if he hold, alongside 5min macd flipping up
DJT had to drop below the 200D MA to make a move. Could this be the squeeeeeeze? ![img](emote|t5_2th52|4271)
We are either gonna close the inverse cup, consolidate and then leg down to test 100 day MA, or bust back over 5 day + 50 day and continue to rally.
**Stock Market Daily Report** April 16th, 2024 was the 73nd trading day of the year where the $SPY went down 🔻0.19%. $SPY is currently 🟢+6.53% YTD. Green/Red Days This Year: 🟢38-35🔻 Days With More Than +/- 1%Moves: 🐂7-7🐻 Historical averages over the last 30 years show that tomorrow, April 17th $SPY has been 🟢+0.26% (2nd Best Trading Day of The Month) **$SPY When Closing Below 50 Day Moving Average Data:** Yesterday, April 15th, 2023, was the first time that $SPY closed below the 50-day MA in 110 trading days. This was the longest streak since 2011. Image below from @ RyanDetrick on X shows 1, 3, 6, and 12 month returns when $SPY closed below 50-day MA. After 3 months, $SPY was positive 87.5% of time - Average return of 🟢+4.6% After 6 months, $SPY was positive 81.3% if time - Average return of 🟢+6.9% https://im.ge/i/Picture3.ZuHXSY Link to my previous post: https://www.reddit.com/r/wallstreetbets/comments/1c4vwlp/comment/kzqafky/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button Stock Market Tax Day (April 15th) Analysis 💰💰💰: The month of April has most definitely been down and growth in stock has been slowing down. 📉 There is a reason for this...✍✍✍ 🙈🙈🙈Since 1945, when stocks rise more than 🟢+15% in the year prior, the market fares poorly into tax-day with a win-ratio of only 52%🙈🙈🙈 🥂🥂🥂That compares to a win-ratio of 100% around the tax-filing deadline when stocks are down in the prior year.🥂🥂🥂 In 2023, $SPY rose more than 🟢+15%. Investors are now facing some big tax bills if they sold appreciated stocks last year. 💱 ⭐⭐⭐The reason this relationship exists is that investors need to raise cash to pay capital gains. Hence, stocks come under selling pressure into tax day,⭐⭐⭐ This is simply a short term issue to many market analysts a weakness disappears after Tax Day. ✅Weak start to Q2 should indeed buying opportunity for investors ✅ 📷📷📷Here is a link to a picture below of what happens after the to the stock market after tax day (2023 Not Included)📷📷📷 https://im.ge/i/WBjZrF As you can see we might just markets just might rally for month end... 💸💸💸 *Fun Facts About S&P 500 In April:* 🐂🐂🐂Over the past 10 years, April has been the 4TH BEST month of the year for the S&P 500 with an average gain of 🟢+1.81%🐂🐂🐂 📈📈📈Over the past 20 year, April has been the BEST month of the year, averaging a gain of 🟢+2.27% 📈📈📈 **April Seasonality During An Election Year Below from @ AlmanacTrader posted on X:** https://im.ge/i/WBwTj6 **Another post on X from @ RyanDetrick shows that historical returns from 2nd half compared to 1st half of the month:** https://im.ge/i/WebKCY
REAL should fall to its 200 day MA, for those who want a hedge.
Spy rejected a move back to the 50MA $506. If we were gonna rally it should have tried to make a run, but sellers came in. Looks like we are going under $500 looking at that $496 then $491 supports.
todays red candle literally sliced through two technical indicators i usually huse the 50 day MA and the bollinger bands (almost 3 std deviation from the avg)!!!! all in all such a day doesnt happen frequently
Spy broke 50 day MA, maybe puts at open, maybe calls because oversold, maybe thetafuck until Powell maybe don't even play
Spy below 50 day MA bers are in control
my guy, look at a chart. we dropped below the 200 day MA weeks ago, RSI was horribly overbought, finally also crossed below the mid-bollinger band… unpopular opinion, but all news is already priced in. Read the market, not the news.
50/200 MA death cross on SPX 1hr
Favorite TradingView indicators? Currently using simple trend lines, 20-50-200MA, volume, auto fib retracement, RSI and now just starting to experiment/test Accumulation/Distribution.
AXP, MA, & IBM are some of my favorites.
Made $600 and $30 on two different scalps of KULR. LASE looking like it could bounce off the 200 MA Next week and make me some more bread. Maybe another KULR option depending on which way it should move on charts. Also eyeing PLTR (not really penny stock).
I hold MA like an ETF bro, literally one of the best stocks in existence. I wish they would make a 2x leveraged version of it.
I banked about 14 straight days of nail biting options gains sure i found an edge with statistical analysis RSI MA NEWS Ratios Volume it made sense... And i banked %1000+ gains. But then... 21 straight days of missing the big gain 10 minutes before the 5% stock move, wrong direction options, missing 10% gain for a 90% losses on trades. Its been rough I believe theres a level of discipline that i have yet to master but i intend to master unless absolutely convincing evidence is found to the contrary. I say the edge is discipline, lucks involved but discipline will win in the long run.
My copium is that SPY rejected the 50MA. Oh and I bought Apple calls all week and sold at open today lol.
I would reduce the number of positions you have. I like your WMT but I have AMZN instead, I like your MSFT and I like your JNJ, Perhaps swap out of one of your stocks into AXP or MA so you have some financial exposure and you have 2 electric car companies so pick one (I have TSLA) and get some more AI exposure, I don't own it byt DELL is going to have a hay day coming and probably Intel as they are making the AI chips for the PC refresh, everyone is going to need AI PC to replace the one they have now
Good news: the call is not THAT far OTM and the s and p bounced nicely off its 50 day MA. I would give it 60% odds you have a nice monday
imagine apple IPO and your gov prevent you to buy to protect you [MA regulators barred sale of Apple stock to public in 1980 as too risky | Blue Mass Group](https://bluemassgroup.com/2011/10/ma-regulators-barred-sale-of-apple-stock-to-public-in-1980-as-too-risky/)
50day MA entered the chat for the rescue
Yeeah bro, capricorn xover indicator crossed the 60d MA after three candle confirmation on 1 hr chart. Couldn't be more of a bullish signal.
Gap down Friday, hit the 50MA, then we rip next week after the tax man has taken your gains
The SPY 50MA is right fkn there just touch it already smh
Today we visit the 50MA down at 5120
So much better. Let’s hope it breaks past 50MA and test 200MA before earnings 😊
there's juicy stops above the 20MA ripe for the taking
NVDA testing 50 MA on the 4hr and 20 MA on the daily at 897 ![img](emote|t5_2th52|4275) —> 5k ![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276) (if it breaks through)
guys INTC is above MA20 i gotl ike 500 shares at $37.10 today and 50 cals $40 4/19 im gonna love my run up
I’m in TLRY as well, added a bit more on yesterday’s nasty dip. We’re Holding the 50 day MA and the 200 day MA So we’re still in an uptrend here. No worries, this will keep creeping up till they seschedule in the US, that’ll be big 💵💵 If you’re looking for other options too, check out HITI
This "super users" BLS thing is a major problem. Kashkari tanked the market last week based on stuff he said in a closed meeting that wasn't on any calendar. And how many people knew the Fed's Barkin and Goolsbee were speaking today and where? It was a closed non-webcast meeting too. Shoulda bought tickets and gone to Cambridge, MA.
It’s an ugly looking chart for a month but zoom out. Hold on for a while and you’ll be fine. I’ve owned V for a decade and regret selling half a few years ago. It and MA are killers
QQQ testing the 50 day MA. Free fall next.
A 10% correction is what it should be because all MA 200s are at $463. But it never works that way haha
Anybody else thinking this is it. This is the correction down to some MA’s?
$808ish is the 50 day MA so that's one level to see if it holds.
Florida is one of those states that are completely vulnerable to a black market explosion. When companies like Curaleaf can't handle a densely populated state like MA, FL is going to be next to impossible, especially with the climate. Those little dispensary bottles are going to need some kind of dates or other markings on them, or they're about to be repeatedly refilled for transportation purposes, just like any other state where AAU and MU are both legal.
I think that ADBE is difficult to predict the future w.r.t. competition and AI. I can and will not bring arguments on that topic. Solely on the fundamental analysis and technical analysis, using DCF, I value ADBE to be fairly priced at around $500, so it's current approx. $480 means it is slightly undervalued. Also, ADBE has just touched its 200MA on a weekly timeframe which often acts as a support line. Also, its RSI shows oversolgt territory. That being said, ADBE might have bottomed here and could go up again in the short term. If I was to add ADBE to my portfolio or was looking to add shares, now is probably where I would comfortably buy a small position.
Forget that he incited the Jan 6 riot, or that he failed America with his [bungled covid response leading to a million dead Americans](https://covid.cdc.gov/covid-data-tracker/#datatracker-home), even if you look the other way when America’s enemies were given hand shakes and [exchanged love letters](https://www.reuters.com/article/idUSKCN1MA03L/), while our allies were given [cold shoulders](https://www.nytimes.com/2019/01/14/us/politics/nato-president-trump.html). Forget the fact that he though he could be a [meteorologist because he had a sharpie](https://amp.cnn.com/cnn/2019/09/06/politics/trump-sharpie-hurricane-dorian-alabama), or the fact that he [withheld disaster relief from our own territory](https://www.nbcnews.com/news/amp/rcna749) and insulted them by [throwing paper towels](https://www.bbc.com/news/world-us-canada-41504165.amp) instead of you know, asking what they needed to get infrastructure working again. No, instead look to how he [stole classified documents and refused to give back national secrets.](https://apnews.com/article/trump-justice-department-indictment-classified-documents-miami-8315a5b23c18f27083ed64eef21efff3). Why in gods name would he need [top secret nuclear documents](https://www.reuters.com/world/us/trump-lacked-power-declassify-secret-nuclear-arms-document-experts-say-2023-06-18/). It’s the same thing as if you took a file cabinet from work with trade secrets and employee data. There is no legitimate excuse for taking it no matter how much you may idolize him. The fact he lied and actually relocated the files after getting a subpoena demanding the documents back, shows that he intentionally tried to steal secret documents. We can go back and forth over why he might want them but it doesn’t matter. He isn’t fit for office on this one fact alone, he is a thief who can’t be trusted with national secrets. If I worked for you, stole your identity, lied about it and got caught after relocating them, you’d be an idiot to hire me again. Maybe you’ll choose to vote for trump again, maybe you won’t. If you do, I’d love it if you’d prove it by taking a photo of your ballot next to your debit card and social security number, because I can declassify it, so it would be “very legal, and very cool” for all of us to see what we can do with it.
Picture 2 has Temple of Doom vibes. KA LI MA!!!
Scalped a 519p 0DTE to a 25 percent gain in 30 minutes. i personally don't think it is going to finish green, it is struggling to get above the 10MA.
Can qqq break above hourly 50MA fucking please?
If we break that 50MA, I wouldn’t rule out that possibility, though $526 prob would happen maybe next few days afterward, now if we get rejected $520 then downhill for a lil bit
As I backest on Option Omega and paper trading on Option Alpha. I think sell 30delta put and buy 5delta put to build a spread when SPY over 10day MA is a good strategy. Because my account is still less than 25k, I have to avoid PDT, so I still do the paper trading. If your account is big enough you can have a try.
Cut Tesla and add MA or V and we have the same portfolio
It's an example dude. Degrees in general at the Bachelor's level have less weight. Even MBAs, JDs, and MS/MA degrees have less weight.
A few things to consider: 1. BB, as any other technical indicator, is known to everyone and their grandmother. Maybe 70 years ago, when computers were few and far away, you could get an advantage, but not anymore. What do you think quants at all those hedge funds and prop trading firms do all day? Exactly, they are looking for an edge in the markets, and if it is as simple as BB spiced with a bit of RSI or MACD let me tell you they will find it before lunchtime, and by the end of the day it will be traded to death. 2. Think what those BB represent, what does it mean when the price approaches one of them. IIRC BB is a 1 standard deviation from some MA, so then it means we have a kind of violent trend in one direction. Why do we have that trend, what happened, is it likely to continue, is it a beginning of a big move, or is it just a blip? Those are the questions worth asking. Sounds like you want to use a mean reversion strategy, so you want blips, not breakaways. Can you tell one from another? 3. Since BB is very well known and present on lots of charts, lots of money are watching it and they know, or at least suspect, where the SLs are. Some market makers even pay for the order flow, so they know exactly where the SLs are set, which allows them to move the price to the nearest max pain point and reverse just there, something you might have experienced. Of course no one is hunting your position, you are too small to be even considered, but there might be more money on the line around those regions. 4. What is your risk:reward ratio? How many times do you need to be right to break even? You could be wrong 90% of the time, but if that 10% gives you 20x the average loss you would be well ahead, and vice versa, if you're right 90% of the time, but those losses are way bigger then you would be bleeding slowly. All in all I think you need to review your approach and strategy. Price action is not inherently bad, but the rest of your strategy needs to help it, it won't cut it alone.
Short float .03%, short ratio .05, short interest .01 share float 28.7 million. Insider buys 3 in August 2 in December 2 in January no insider sells so far. Upward channel MA solid. This one is solid big winner soon!!
SPY now brought back to the 50MA. Could chop around here for a bit if no other catalyst for movement. Possible there is profit taking before end of today but I don’t think any drastic drop incoming as many of you are hoping for
DJT hit the 50 day MA and sold my put for a small profit. Now watch, It'll drill... ![img](emote|t5_2th52|4260)
TLRY calls 10 bagger with 4/20 election year pump, they should be announcing a lot of catalysts and MA
Not the best example. It could still test and bounce from your 50 MA so until then….. boobies
NVDA goes for the 50 day MA tomorrow ![img](emote|t5_2th52|29637)
SPY closed below the 20MA which it hasn't done since October 2023. I wouldn't be loading up on calls just yet.
SPY finally broke the 20 day MA on the daily so theres that. So could be ready for some correction with people starting to stop ignoring the fact there are likely to be no rate cuts this year. so this is where I will start watching and look for a good technical buy signal at the daily or weekly to lump my sideline cash into.
Bud, dropping below the 50 day MA line is bearish asf.
Today's drop brought QQQ below the 50 day MA. So I think with good news tomorrow it has the opportunity to be an absolute rocket tomorrow and next week.
For any astrologists in here, the last time SPY broke below the 20 MA on the daily, was back on Jan 17th. It closed above and kept moving upward, but if SPY closes below the 20 today, things could look ugly for a little bit.