$SPX trade idea: Aug 3rd 7540C 💡
📈 Trigger: 7512
🎯 Target: 7539
🛑 Stop: 7500
SPX finished at 7,489 after Friday's +0.70% bounce that took back 7,483. Price is stuck between the falling trendline from the 7,620.90 high and rising support off the 7,237.85 low. Thursday
Looking at August over the last 20 years, the market usually starts soft for the first two weeks, then picks up heading into Labor Day.
Lots of headlines are driving things short term, but seasonally we tend to see choppiness early in the month.
During midterm years, $SPX
At the Sunday market,
stocks are up and oil took a sharp dive.
Trump 🐯 pulling the TACO 🐙 move?
He’s said he’ll hold off on striking Iran—if a quick deal is reached.
The framework supposedly includes fully reopening the Strait of Hormuz, right away.
How many time
🚨 JUST IN:
🇺🇸🇮🇷 Iran refuses to reopen the Strait of Hormuz
Tehran says no green light for shipping to resume
Fars reports the strait stays shut while U.S. keeps up military moves
Looks like the deal’s headed for another failure...
Told you everything I needed to say!
Now we just wait until the method drops in an hour.
Life only happens once! Do what you love and live it up!
But that takes money.
And a paycheck alone won't get you there.
That's why I think investing is the way to go.
I've prove
Everyone’s piling on Chris Camillo @ChrisCamillo for that $AMZN trade.
First off, people love to jump to conclusions without knowing the whole story.
You have no clue how much of his net worth is actually in that account. Maybe that portfolio is just what he’s fine with
Lots of folks want the big long-term gains but hate the rollercoaster along the way. This chart’s a solid reminder—you can’t have one without the other.
Work's been crazy busy lately
And I'm detoxing from social media
So I'm taking a break from X for a while.
A few days? A few weeks?
No clue lol
I'll be back once I spot a good buying opportunity 😇
Enjoy the investing life 🫡
Just released in English: Why does China have so much cash?
https://t.co/Ye0Kdl8P99
There's over double the amount of Chinese yuan in circulation compared to US dollars. In euros, that's about 53 trillion vs 23 trillion.
But China's economy is roughly a third smaller tha