Market looks like it wants to go up but RTY needs to fill the gap and TSLA is eating shit, lol.
MFI is oversold on ES and RTY, but not NQ. I think one more small down move, but I already went long on PCAR stock for earnings because it bounced off intraday support. Gonna add if it tanks this afternoon.
I think that's all I'm willing to do in this wacked up market, lol. I've made a bunch of money on PCAR stock this year, so I'm willing to risk it on that stock. It usually gets a pre-earnings pump the Friday and Monday before earnings, so you can bail out Monday afternoon if you don;t want the earnings gamble.
MFI is oversold on ES and RTY, but not NQ. I think one more small down move, but I already went long on PCAR stock for earnings because it bounced off intraday support. Gonna add if it tanks this afternoon.
I think that's all I'm willing to do in this wacked up market, lol. I've made a bunch of money on PCAR stock this year, so I'm willing to risk it on that stock. It usually gets a pre-earnings pump the Friday and Monday before earnings, so you can bail out Monday afternoon if you don;t want the earnings gamble.
Nota
I forgot, Powell's speaking today, hence the whipsaw the moment he opens his mouth, lol. We'll see if he pumps the market or tanks it.Nota
Well, RTY finally filled the gap on the last so now the market is cleared to go up, lol.Looks o me like Powell said no rate cuts forever because bond yields went up. Now if he uses the word "pause" though, the market goes pumptarded. It's like Fed meeting day today....
Nota
I dunno, rising yields still pressuring stocksGonna stick with my PCAR earnings bet, that's about it. You really shouldn't be buying stocks unless you think they'll beat on earnings anyways.
Rising yields, Ponzi Friday, monthly options expiration, and Israel invading Gaza over the weekend. Probably more whipsaw tomorrow, lol.
Dagangan ditutup: hentian tercapai
Well it hit my trailing stop, made 2 beers literally.Market looks weak AF with yields exploding. Gonna wait until Monday to trade. Looks to me like RSI is gonna hit oversold on ES tomorrow.
Good luck.
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