Interesting market gotta say. Rising rates, sentiment screaming bullish, call options screaming bullish, economy slowing and now student loans have to be paid back lol!! Brought my average short up to 4442, gonna get interesting!!
"sort of flying blind at the moment. ... any short-term analysis now is simply guessing ..."
Started by
dTraderB
, Jun 24 2023 10:00 AM
104 replies to this topic
#102
steadyquest
-
- Traders-Talk User
- 775 posts
Member
Posted 30 June 2023 - 01:01 PM
A higher low here keeps hope alive for the bears.
#103
redfoliage2
-
- Traders-Talk User
- 18,032 posts
Member
Posted 03 July 2023 - 09:07 AM
With inflation continuously going down tech stocks should perform better than other sectors. Currently SPX is more toppy than NDX .................... ...........................
Edited by redfoliage2, 03 July 2023 - 09:11 AM.
#104
redfoliage2
-
- Traders-Talk User
- 18,032 posts
Member
Posted 03 July 2023 - 10:02 AM
In this pre-earnings but toppy market I'd long QQQ and short SPY ..............................
Edited by redfoliage2, 03 July 2023 - 10:11 AM.
#105
redfoliage2
-
- Traders-Talk User
- 18,032 posts
Member
Posted 03 July 2023 - 10:15 AM
But I'd not be surprised if both QQQ and SPY going higher in the pre-earnings ramping up in the next two weeks .............................
Edited by redfoliage2, 03 July 2023 - 10:21 AM.
