This week:
Tuesday, Sep 15:
CLARITY Act vote at 2:15pm ET
Wednesday, Sep 16:
- US retail sales at 8:30am ET
- FOMC Decision at 2:00pm
- 73% odds of the first hike in three years
- Fed Chair's Press Conference at 2:30pm
Friday, Sep 18:
- BOJ decision
-Manufacturing numbers
On top of this we have Trump and Iran War updates as well as the new AI bubble or not conversations this weekend. Wall Street is never boring!
Except earnings are kinda boring this week. 😂 Not much on the calendar.
Dear Lord,
Today, make the wait worth what it cost me, replace the years I questioned with days that finally make sense, let one blessing introduce another, one yes lead to another and one answered prayer open the door for the next. Give me so much to thank You for that I barely remember how long I had to wait for any of it. in Jesus’ name. amen🙏🏽
$ES_F KEY LEVEL: 7616(up to 18)
$NQ_F KEY LEVEL: 29,860
$QQQ: Watch $714.98
$SPY: Watch $767.21 and $769.20
Rest levels posted X Subs & see you guys on spaces
Not financial advice.
$SPX My followers killed it today. Positioning is a crucial piece to what I do. I try to share that with everyone.
7700 is likely the cap for tomorrow. Watch for my potential 7668 close on the week I mentioned Sunday. (Tomorrow's positioning really plays the roll, don't bank on my Sunday guess.)
$SPX 7700 is the pivot today, we lean bearish under it. Losing 7675 will drive us likely into a directional sell event. 7631 would be on our radar. As we open near our expected move range, careful for an early buy.
Gamma Watchlist 📈
$META
Day Trade/Swing
Sept 18 $600 calls for $6
Buy zone less than $540 (anything close to $520 would be bonus)
$BE Swing
Nov 20 $300 for $16
I like $BE under $200, I want this to break support and land at $180
If this is too expensive play this one here:
$TGT reports tomorrow.
Implied: ±6.1%
Avg actual last 8Q: ±7.5%
Avg implied: ±8.8%
Move beat rate: 25%
Unlike most names, the market is pricing less than TGT’s average realized move. History has been violent (one quarter −22%). 25% of the time the actual move still cleared the straddle.