NVDA We can’t think of any company more worthy of investment in AI than NVDA. From a TA perspective, it’s clear that now is the time to take a portion of the profits from our leveraged shorts on SPY and QQQ and reinvest into leveraged longs on NVDA. (Of course, stop-losses are still in place.) Wishing everyone a return to the $140 price range within 2 weeks. 🚀📈
SPXSPXUSDSSHSPY Our SL at 6105 was just triggered, but the current level offers an even better risk/reward. We’re re-entering a leveraged short on SPY, again setting the ATH as our SL. With a 99% chance of a 1-point rate hike by Japan tomorrow morning, and based on the last two rate hikes, the market is likely to face short term pressure
SQQQPSQSHSPXUSDOW Given the current data and oversold behavior across sectors, shorting now carries significant risk. Several major stocks are already flashing bottoming signals, and we could see a rebound next week that's sharper and faster than the last two