@KobeissiLetter Good article. Interesting on the timing of everything, it being a long weekend.. an emotional sell off will probably happen, & then euphoria as a deal is reached.. ride the wave.
A contrarian take on the government reopening:
Everyone’s celebrating, but the missed jobs & inflation data + an $11B hit to GDP this quarter tells a different story.
If 2026 is the year the money printers quietly come back online, this GDP dip is one of the early clues.
NFN
While everyone’s watching Amazon's earnings beat, a whale just made a huge long-term bet.
Trader bought June 2026 $350 Calls & entered into a bullish position worth roughly $1.8 million in premium.
Targeting a move from $222 to $350 (+57%). Smart money’s betting on AWS.
Amazon expects continued double-digit revenue growth into next quarter, fueled by AWS & strong ad segment.
Street sees support forming near $240–$245 after hours.
Remember, this is your competition.
If you actually read, learn, and progress every day… you’re already ahead.
And if you can read charts and stock analysis? You’re fine.
4/4
Let's check ourselves though.
On the 5-day, 4-hour chart NVDA’s RSI is 87.
RSI readings over 70 show “overbought” conditions, so at 87 it’s very stretched.
So even though trend and options look bullish, the risk of a short-term pullback or consolidation is elevated.
$NVDA had a big day today, closing up 5% and probably lifting a lot of portfolios along the way.
As Jim Cramer said earlier, “you should own NVDA, not trade it.” After reading this breakdown, would you own it, trade it, or maybe do both?
Let’s break this down.
3/4
A couple of days ago, on 10/24, NVDA’s 33-day EMA crossed above its 200-day EMA.
Classic trend shift: medium-term momentum overtook long-term trend.
Indicates trend is leaning toward higher prices, not just short‐term swing.