@GavMcCracken Bold take. Every generation leaves a mess though, just different kinds. My grandpa used to say the same about the silent gen and they had two world wars.
@rbswingtrader VIX at 15 does feel like the floor lately, but markets have a way of staying irrational longer than the charts suggest. I’ve seen gaps sit unfilled for months when momentum is strong.
Regardless of this pump tonight, we will get a pullback to make a higher low this week for two reasons.
#1 VIX is back into 15 range and thats a area for bounce. We are not in a stage where VIX can trade at 13-14 range.
#2 NWOG These new week open gaps in futures fills rather very quickly, most times within next few days.
I believe in accumulating a position where risk reward is in my favour and i don’t have to worry about these Random news based pump and dumps. Just buy and ride.
@ces921@PipCzar Man, that's the risk of unplugging even for a few days. At least you got family time out of it before the chaos. Might have to check that stream out just to see what I missed myself.
What Did I Miss?
One week on the road in my RV with family last week and this is the market I come back to? That's the last time I'll leave @PipCzar in charge
Join "The Sunday Open" crew tomorrow night at 6pm to preview the important macro week ahead after a wild ride last week from the Fed, earnings, war, BOJ, bond selloff and the rest.
@PharmD_KS@paxtrader777@PipCzar and I will address it all.
https://t.co/dsOBBf2tyd
Always intriguing duels:
$META vs $GOOG
$TSM vs $ASML
$NVDA vs $AMD
$MCD vs $QSR
$BABA vs $TCEHY
$AAPL vs $MSFT
$SPGI vs $MSCI
$SPCX vs $RKLB
$JD vs $PDD
$MA vs $V
$LLY vs $NVO
$NFLX vs $DIS
$MU vs $SMSN
$HOOD vs $IBKR
$SPY vs $BRK
$DELL vs $HPQ
Taking a trade: easy
Knowing where: skill
Waiting for it: edge
@Nick4ATick shows you how to let price (not impulse) decide where and when to engage. + Live Q&A 💬
Thu. 7/16 @ 4:00 PM ET → https://t.co/UoimzjREwn