tohsined

tohsined

This a follow-up to my last post. Strong seasonality along with heavy put buying has helped this market drift higher. JPM Hedge Collar drawdown seems less likely. As long as no shock factors happen, I see 4800 by year end. After this strong week, I see some consolidation happening before the next pushes up. First resistance is the ATH, I can see it...

tohsined

SPX bounced strong off the megaphone patten. Expect some strength going into Christmas. Stonks go up. Only think that concerns me is JPMs collar hedge that expires 12/31. Could pull this down to 4450 but support should be strong there.

tohsined Updated 

RocketLab has a few catalysts coming up. The sell off was due to the PIPE being unlocked. This isn't a high redemption SPAC pump and dump, I don't expect this to fall any further than $12.30. Strong buying there. Nice doji reversal on the weekly with selling pressure easing on the indicators. Cost to borrow is going down which indicates it's not as...