Moneypainter
@Moneypaint95
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π Trading Extraordinaire | Turning Coffee into Capital βπ° | Wall Street Wizard by Day, Crypto Connoisseur by Night π | Chart Whisperer π |
USA
Joined September 2023
Coinbase is up over 100% in five weeks. But what I want to know - is - there any sign of froth in this market?
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Other furus while OrderFlow already up and then down 20 dollars in 2 hours.
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Powell: buy when I crash market next year at 3400. Folksy: no no I am gonna buy 4699.
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Jesus... just looked at the dow... what is that...4000 points in a month? who's opening a long position here?
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Gold futures lost $10,000 per contract from last night spike.
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Look many asked me why folks are buying $nvda 500 and $tsla 250 and $aapl 192.. Same reason they are still buying homes at record high price & 8% mortgage. There is no reason. Sheep follows other sheep. Think outside the box.
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1. Letβs say market goes to 5000 & I have cash. I am now down 10%. In inflation terms I am now down 15% (I still get paid interest by bank). 2. Letβs say I buy stocks now 4600 & market now goes to 3400. I am now down 30%. One of these 2 is better scenario.
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Look $crm stock is up 10% yet $nq is unchanged. This is hallmark of mania and delusion. Not sure why folks donβt see this thru.
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Today is the un-offical start to Dopamine December this month all stock/options traders should think about how Dopamine affects trading... Your study guides π this month will be: 1. The Molecule of More 2. Alpha Trader
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$SPX Options Retrace Example $AAPL $AMZN $GOOG $META $MSFT $NVDA $TSLA $NFLX $ES $AI $SPY $QQQ #StockMarket #trading
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$PANW 1hr Chart Classic Fib Extesnion Example $AAPL $AMZN $GOOG $META $MSFT $NVDA $TSLA $NFLX $ES $AI $SPY $QQQ #StockMarket #earnings
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$SPY 1min Chart those @TradeVolatility GEX levels are still high... π tomorrow for conformation if they move down or stay put...i have a guess... $AAPL $AMZN $GOOG $META $MSFT $NVDA $TSLA $NFLX $ES $AI $SPY $QQQ #StockMarket #trading
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Pundits have failed to explain why Tech stocks led the market in 2023 while interest rates climbed. The opposite of what happened in 2022. Now, they predict that Tech will continue to lead while interest rates fall. The opposite of what happened in March 2020. π·
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Microsoft is STILL the only mega cap Tech stock that has confirmed the Tech breakout.
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