We have a massive opportunity ahead! This is not hyperbole. The 10 year Treasury selling down to 1.63% and getting weaker every day. This allows tech companies to borrow at cheaper rates. It also affects the price institutional money will pay for growth. The lower the yield the more they will chase growth. The opposite works as well. Very simply the Nasdaq is setting up for Large Outsized Returns. We have gaped up twice this week on an index. Look at past examples of this type of activity over the past ten years. It usually leads to an average of 31% over the course of the next three months. When we gap on an index it essentially means that there is so much buying pressure across the board. There is literally not enough stock at the closing prices across the index. This coupled with retail investors being locked out due to being stopped out and drawdowns could mean a massive chase of growth. While the majority of smaller tech stocks have been volatile the large tech companies are seeing massive buying. This leads to smaller players taking hits that the large players are not taking. Note the new additions to the stock idealist.
Levels are marked on the indexes. The $QQQ looks ready to rocket, the $IWM looks toppy, the $SPY gains could accelerate.
I added the daily stock market recap video to the end today. It lists a ton of ideas as well as a lot of processes. It’s worth your time. Let’s get to it!
Let’s Look at our Indexes!
Let’s Look at our stocks!
NEW STOCK IDEA!
NEW STOCK IDEA!
Subscribe to YouTube! 👈Subscribe and turn on notifications. I am doing daily stock review videos. We go over a lot today. There a lot of actionable ideas and process talk.
As always all investment decisions need to be made by the individual. We all have different risk profiles.No two people trade the same. Understand the buy points, stop losses, trims are suggestions. For example on stops. I want to see it close there at the end of the day.
You need to develop your own process. I am willing to help and offer feedback.
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