Jim woods

30+ years in the markets | Broker, hedge fund trader, author & investment strategist | Ranked #1 financial blogger by TipRanks

[Jim woods @WoodsStrategist]

Here is everything there’s to know 🤗

[Jim woods @WoodsStrategist]

TRADE PLAN for Tuesday 📈

$SPX came within reach of 7800 today before giving back 30+ points into the close. Now we watch to see if it can reclaim and break above 7800, with the ATH at 7816 coming into focus by Wednesday. If SPX clears 7800 decisively, I think 8000 starts coming into play quickly. 🚀

$QQQ broke above its previous ATH at 748 today and pushed as high as 757. Next target is 760+, with the bullish setup remaining intact as long as 748 continues to hold as support.

$NVDA looks like it’s coiling for another move higher. Holding 236 keeps 250 in play. $META remains on watch for 800, while $TSLA clearing 383 could open the door toward 400.

We’ve also seen some rotation back into the Mag7 over the past couple of sessions. Keep an eye on whether that strength continues.

As for the memory names, $MU and $SNDK still need more time. I’m avoiding both for now. MU needs to reclaim 1100+ and SNDK needs to get back above 1800 before I start looking for call setups.

Stay patient, respect the levels, and let price confirm the move.

Good luck tomorrow everyone! 🫡

[Jim woods @WoodsStrategist]

$SPX continues to hold above the key 7700 support level, while $QQQ successfully backtested the previous ATH at 748 and held.

Good signs so far. 📈

$SPX 7800 and $QQQ 760+ are firmly in play this week if momentum continues. Now let’s see if $META $GOOGL $NVDA and $TSLA can step up and lead the next leg higher.

Meanwhile, memory names $MU and $SNDK continue to consolidate. Nothing wrong with that setup — patience is key with these two. Let the bases develop and wait for the next breakout. 🚀

Good luck everyone! 🫡

[Jim woods @WoodsStrategist]

TRADE PLAN for Oct 5th 📈

It's a brand new week, another opportunity to follow your trading rules and be disciplined . So far today.. no real signs of direction.. $SPX is about flat and small gap down in QQQ. If SPX can build a new base above 7700 and QQQ holds near 748 we can see another leg higher this month with SPX running towards 8000 and QQQ towards 770.

$AMD touched 645 on Friday, now its at 629, if it holds the 620 level we can see 650+ by Friday. $ARM needs to defend 300 to set up for 335-340 in the next 2 weeks as well. $MU all about 1100, if it gets through 1250+ comes.

The big market moving event for the month is on the 14th with CPI data then FOMC on the 28th. Try your best to trade around these events if you want to end the month profitable. Don't predict, just react and execute.

Good luck today everyone! 🫡

[Jim woods @WoodsStrategist]

🚨 THE MELT-UP MAY JUST BE GETTING STARTED 🚨

The Nasdaq printed a new all-time high today — and I don’t think the move is over. 📈

I’m watching for a potential melt-up toward 800 on $QQQ before year-end. If we get meaningful progress toward an end to the Iran conflict, risk appetite could accelerate and send markets significantly higher. 🚀

The setup is getting interesting across semis:

$MU and $SNDK have been building bases for 2+ months. Once $MU clears 1250+, I’m watching for a move toward 1500, while $SNDK could potentially retest 2300.

$AMD → 700
$NVDA → 250

The next 3 months could bring some serious opportunities across tech and semiconductors. Stay patient, watch the levels, and don’t chase the noise.

I’ll post my full plan + charts Sunday. 📊

HAGW everyone!! 🫡📈

[Jim woods @WoodsStrategist]

Profitable trading was never really about finding the perfect entry or the perfect exit.

It’s about having a proven system, understanding your edge, and having the discipline to follow that process without constantly changing the rules.

The hardest part isn’t knowing when to enter or when to take profit. It’s sitting on your hands when there’s no setup, ignoring the noise, resisting FOMO, and refusing to force trades just because you feel like you need to be in the market.

Stick to what you know works. Don’t chase every move. Don’t reinvent your strategy after a losing trade.

Wait for your setup. Execute the plan. Manage the risk. Then do it again.

Consistency comes from repetition and discipline—not from constantly searching for something new. 📈

[Jim woods @WoodsStrategist]

$QQQ backtested 748 and held the level — bulls are still in control. 📈

Could we see a melt-up toward 770 during Q4? 800 isn’t out of the question if momentum continues.

$SPX 7800 remains a massive level. Once it clears 8000, things could accelerate quickly.

Now the big question: do we get any positive developments with Iran over the weekend? 🚀📈

[Jim woods @WoodsStrategist]

TRADE PLAN FOR LOTTO FRIDAY 📈

The Nasdaq is printing a fresh all-time high premarket — exactly what I was expecting. $QQQ is eyeing 770 next, with 800 as the bigger upside target.

$SPX — keep 7800 on watch. If we clear 8000, momentum could accelerate quickly.

The market is ripping higher following the Nonfarm Payrolls data. Now I want to see whether the chip stocks can take the lead.

$NVDA is trading near all-time highs premarket. 250 is in play.

$AMZN looks ready for a bounce toward 268 as long as it can hold above 247 over the coming week.

$MU is gapping above 1100 — 1250 remains in play into Q4.

$SNDK — holding above 1800 keeps the upside setup intact.

$ARM is back above 300 and could have room toward 340+ this month.

$BTC is setting up for another test of 90K, while $MSTR could potentially challenge 200 in November.

Plenty of setups to watch, but don’t chase extended moves. Let price confirm the levels.

Good luck today everyone!! 🫡

[Jim woods @WoodsStrategist]

$SPX backtested the previous ATH around 7620 and has held that level so far. The 7700 area has been a major hurdle over the past few weeks — we need a clean break and hold above it for the bullish setup to strengthen.

$QQQ touched near 751 after hours yesterday before dropping back to 736, showing plenty of volatility as well. For today, I want to see it reclaim and hold 742+ before getting more bullish.

For now, tread lightly. The upside price action in both $SPX and $QQQ is still fairly average. Let the market show its hand before forcing a trade. 🫡

[Jim woods @WoodsStrategist]

TRADE PLAN — OCTOBER 1 🫡

Q4 has officially begun…

Both $SPX and $QQQ are gapping higher today, while $MU is trading lower following earnings. We saw a strong gap up yesterday only to give most of it back, so today’s price action will be important.

Let’s see if $SPX can reclaim 7700 and hold above it, while $QQQ pushes through 748. It tested near 751 late last night, so that level remains in focus.

$META looks close to making another move toward 800. If the positive news flow continues, we could see META reclaim 750 quickly.

$MU needs to get back above 1100 before I’m looking at calls.
$SNDK needs 1800+ before considering an entry. Patience—let the setup come to you.

$AMD is up around 3% premarket and touched 630 late last night. Let’s see if it can break and hold above 630 heading into next week.

Stay patient. Wait for confirmation. Don’t chase the move. 📈

Good luck everyone! 🫡

[Jim woods @WoodsStrategist]

Trading is the ultimate test of mental discipline.

Fear. Greed. FOMO. Impatience.

There isn’t a week that goes by without these emotions showing up.

But that’s the point.

Every challenge on the charts is shaping you into the trader you need to become.

Master your emotions, control your decisions, and the battle is already halfway won.

[Jim woods @WoodsStrategist]

$QQQ breaking through 742 — next stop is the all-time high around 748. If it clears that level, the upside could accelerate quickly.

$SPX pushing through 7700 and already up 15 points fast. Let’s see if we can reach 7800 by next week.

$AAPL and $NVDA are both showing strong momentum today. $AAPL 340 looks increasingly in play, while $NVDA 236 could be on the radar heading into October. 📈

[Jim woods @WoodsStrategist]

The market is gapping higher following the PCE data. $SPX is set to open above 7700, while $QQQ is trading near 742.

Next up: $MU earnings after the close today. If we get a strong reaction, $QQQ could push into a fresh all-time high, while $MU could make a run toward 1200. A bullish response could also put $SNDK on track for 1900+.

$ARM — keep 300 on watch over the next 3 sessions. If it clears that level, another 20-point move higher could come quickly.

$AMD is working to establish a new base above 600. If that holds, 625–630 could be in play by next week.

Key levels today:
$SPX 7700
$QQQ 742

If the market can maintain the opening gap and reclaim/clear these levels, we could see another leg higher into Friday.

Q4 officially starts tomorrow. Let’s finish September strong.

Good luck today everyone! 🫡

[Jim woods @WoodsStrategist]

The moment trading clicks, you’ll be set for life. You’ll never struggle financially again.

[Jim woods @WoodsStrategist]

Folks devote four years earning a diploma that scarcely lands them work.
No one labels that a pointless endeavor.
Invest two years mastering trading and suddenly you’re an idiot.
Perfect this craft and you’ll never clock in for anyone else again.

[Jim woods @WoodsStrategist]

All chop today.
Be patient. Range day.
Solid week — lock in the gains.

[Jim woods @WoodsStrategist]

Seeing a gap-up this morning in $SPX and $QQQ.
As long as SPX holds 7700, new all-time highs look likely over the next two weeks. Calls work above 7700 today.
$QQQ is all about 748 — it tagged 747 premarket. Through 748 and 770 comes fast, then 800 is in play.
$MU gapped ~11 points this morning. Watch 1100 — if it clears that, a run toward 1150 by early next week is possible, with 1250+ in play after earnings.
$SNDK toward 2000 in October.
$ARM and $AMD showing strength again. ARM +17, AMD +10 premarket. Watching AMD toward 650 and ARM toward 330 today.
If META flips red to green, 800 is possible by next week.
Good luck today. 🫡

[Jim woods @WoodsStrategist]

Less than 1% of traders consistently earn meaningful income from trading.

If you want different results, you have to operate differently.

Study harder.
Manage risk.
Master your emotions.
Stay disciplined.
Wait for your setups.

Become better than 99% of traders.

[Jim woods @WoodsStrategist]

US and Iran are discussing a phased deal that would reopen the Strait of Hormuz and lift the US economic blockade, according to sources close to the talks.
Negotiators in New York are exploring a staged off-ramp after months of conflict: Iran would restore commercial navigation through Hormuz, and Washington would begin unwinding the blockade, with potential access to frozen assets on the table. A senior Iranian official framed it as the only realistic path, solve it in stages, starting with the waterway and the blockade. Neither side wants to give up leverage, and an earlier understanding already collapsed in July, so this is still diplomacy, not a done deal. Midterms and residual demands on fees, nuclear limits, and assets remain the obvious friction points.

Markets are treating it as a risk-off unwind. $SPX is testing 7700. $QQQ held the 735 area and is pressing higher; a clean break through 742 opens 748+. Micron ($MU) has 1100 in play if semiconductors stay bid. $META is looking for 800.
This is the kind of headline that can keep the bid under the tape as long as the talks don’t visibly stall. Watch follow through on the indexes and whether energy/risk assets confirm the de-escalation read. Not

[Jim woods @WoodsStrategist]

Larger gap lower this morning on climbing Treasury yields, elevated crude, and growing odds of a rate increase next month. $QQQ is off 7 points premarket; $SPX is down 40 points premarket as well. Need $SPX to recapture 7700 or stay away from calls; $QQQ needs to hold near 738 to look more constructive today. Trump and Xi also have an official meeting on the calendar. Plenty of event risk over the next couple of days.
$META fell 15 after last night’s event. A red-to-green turn would set up a run toward 800 over the next 2–3 weeks. $MU is all about 1100 once it clears 1250. Earnings due Sept. 30.
We just had a strong rebound over the past 5–6 sessions. Risk-off for now until the market puts in a base. Good luck today, everyone. 🫡

[Jim woods @WoodsStrategist]

You’ve truly mastered trading when the fear of loss fades.
You’re no longer afraid because you know you can earn it back.