Hello everyone! Today i want to share some trading strategies with you! $S&P 500(.SPX)$ ended up closing up 85 points on the day. $Invesco QQQ(QQQ)$ closed up 12 pts. IF we see another run tomorrow $SPX can move towards 7700 and $Invesco QQQ(QQQ)$nto 722 in play next. As long as SPX holds 7600 and $Invesco QQQ(QQQ)$ can defend 712 we should see the market continue this uptrend. $Micron Technology(MU)$ is almost ready for a breakout to 1050, Let's see if it can reclaim 1000 tomorrow.
Lots of volatility on FOMC day as expected. We saw $S&P 500(.SPX)$ drop 120 points from the highs to lows and close at 7551. If SPX reclaims 7600 tomorrow we can see a bigger rally next week. $Invesco QQQ(QQQ)$ dropped from 711 to 700 and closed at 704.72. As long as QQQ Holds 700 and SPX holds 7500 uptrend still intact. The real move usually comes tomorrow for FOMC week so let's see if a bigger trend arises. I'd keep an eye on $Advanced Micro Devices(AMD)$ above 520, $Dell Technologies Inc.(DELL)$ above 570
CRWD Gained More in One Session Than its Entire Market Cap was Worth Five Years Ago
$CrowdStrike Holdings, Inc.(CRWD)$ gained more in one session than its entire market cap was worth five years ago $CrowdStrike Holdings, Inc.(CRWD)$ made new ATHs today after a massive 13% rally the day before. This is the same stock that traded at $190 a month ago, so the move off the August low is already 24% Key Catalysts Agentic SOC launch: CrowdStrike rolled out an AI-driven security operations center that automates investigations across endpoints, identity, cloud and AI systems, alongside SafeMind (built on Nvidia's stack), Falcon Guardian, and Falcon IQ Wall Street re-rating: 6 major Wall Street firms all raised or reiterated bullish targets today, some as high as $3
The Sentiment in the Market is Very Bearish Right Now
The Sentiment in the market is very bearish right now. 1. Anthropic + OpenAI Ceo + Musk calling for a slowdown in AI 2. Oil + 10 year Treasury Yields elevated 3. Iran war ongoing. 4. 85%+ chance of interest rates rising tomorrow. The most bullish scenario we need to see is a 25 bps rate hike + No more hikes the rest of the year, End of the Iran war to bring down oil and inflation. If this happens, $S&P 500(.SPX)$ and $Invesco QQQ(QQQ)$ new all time highs coming next month. $S&P 500(.SPX)$ <7550 = Bearish $S&P 500(.SPX)$ > 7650 = Bullish
SPX tried to move red to green today but dropped almost 30 pts into the close. IF SPX can form a base above 7600 we can see a push to 7700+ after FOMC assuming there's a positive reaction. SPX under 7600 is more bearish this week. Avoid calls under this level. $Invesco QQQ(QQQ)$ needs back near 715 to test 722+ by next week. Even with the negative AI news, the market held up much better than most expected. If there's a positive reaction to FOMC on Wednesday, We should see a rotation back into Chip/AI stocks again. $Meta Platforms, Inc.(META)$ closed up 17 today, META through 668 can push to 700+ by next week. Calls can work above 668 for tomorrow.
.SPX: Don't Size Huge on Wednesday During the Event---WAIT until Thursday
Futures are pricing an 85% chance of a hike Wednesday, and decades of data says the rate decision still won't move this market $S&P 500(.SPX)$ has done this 44 times since 1997, and the vote itself barely registers The decision day averages a 0.94% move with a 1.23% intraday range. A normal session is 1.06%. That's 1.16x. 86% of hike days moved LESS than 2%. The median is flat because the market moves hard in BOTH directions and they cancel out They don't cancel evenly, though: Up weeks average +1.10% Down weeks average -2.02% Red price action runs roughly 2x the greens through the first week Here's the tradeable part: It isn't Wednesday that sets the week. It's THURSDAY When the session after the decision closes green, the wee
Hello everyone! Today i want to share some trading strategies with you! 1 $Apple(AAPL)$ Trade Idea: Sept 18 340C Trigger: 335 ✅ Targets: 340, 344 🎯 Stop: 329 🛑 AAPL closed at 332.27 on Friday. AAPL ended up moving higher after their event last week after revealing their new iPhone. If AAPL can get through 335 it can test the all-time high at 344. AAPL to 350 in play if it gets through 344. Calls can work above 335 this week. 2 $Dell Technologies Inc.(DELL)$ Trade Idea: Sept 18 600C Trigger: 568 ✅ Targets: 585, 600 🎯 Stop: 556 🛑 DELL moved from 517 to 567 on Friday. If DELL breaks out above 568 this week it can run to 600 next. Calls can work above 568. If DELL dips back nea
All eyes on CPI tomorrow. $S&P 500(.SPX)$ If Core CPI comes in at 0.3% or higher there's a much higher chance the Fed raises rates next Wednesday by 25bps. SPX just printed its 4th consecutive red day dropping from 7750 to 7580. IF SPX gives up the 7580 support it can drop to 7520 next. There's still no signs of a bottom yet so be patient and wait for the reaction to CPI first. $Invesco QQQ(QQQ)$ also dropped from 721 to 706 the past 3 days as well. IF QQQ fails to hold 700 after FOMC it can drop to 686-693 range before a bottom forms. It's a risk off environment until we see if the fed raises rates next Wednesday. Tread lightly over the next 4 days. Lots of traders are
$S&P 500(.SPX)$ had another consolidation day under 7700. It just printed 3 consecutive red days as well. IF SPX gives up 7600 we can see one more flush to 7550-7580 range. The market is waiting for CPI data on Friday. Be patient for now, SPX needs 7700 to look at calls or under 7600 for puts. $Micron Technology(MU)$ closed at 1027 today. It held the 1k support at the open and closed green on the day with $Invesco QQQ(QQQ)$ lower. MU is winding up for 1250+ again this year. I'd stay bullish above 1000 $Advanced Micro Devices(AMD)$ 530 is a breakout level for
TRADE PLAN for Wednesday 📈 $S&P 500(.SPX)$ much weaker today compared to $Invesco QQQ(QQQ)$. SPX closed the day -45 with QQQ almost flat. SPX failed to hold the 7700 support level. It's a risk off for the upside as long as SPX stays under 7700. $Micron Technology(MU)$ gapped up and touched 1040 but dropped to 1000 by the close. MU need t o defend the 1k support level otherwise it can drop another 20-30 pts again. $Robinhood(HOOD)$ if it holds near 116 over the next 2 days I'd start looking at calls again for a move back up to 125. We need to see BTC back ab