UnknownUnicorn7567260

SPY : WE GOT ONE MORE

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
This has been a legtendary week, lots of mixed signals but hey man, when life gives you lemons, you buy calls
here's a lil recap for the week:

- tsla inclusion
-- supposedly over 100B in assets projected to be exchanged today as a result
-- this will bring the S&P's PE up another 10%
-- TSLA was also was just downgraded w/ one analyst saying a pt of 90 ..

-feds keeping rates low and will keep them low
-- once at the 0 bound GL trying to get out..

- U.S. head of nuclear operations got hacked? (just heard this one)

- vaccine approval/rollout plans

- Germany locking down

- SPCE announcing quantum computing communications
-- the implications are revolutionary

-stimulus
--possibly up to 2k -1.2k stimulus checks coming... more than likely we will know for sure by Sunday of this week

--

.... I'm expecting us to reach a new paradigm in about one or two weeks... I'm buying the dip w/ small size here, I'll add if we get confirmation Monday
(:
andddddd slightest suspicion that we still that 9.30 on uvxy....
:(
not selling bc @ the end of the day we never know what the weekend or next week will bring! so, just looking to trade and increase my size @ a new low, hopefully we get the chance
as it stands right now I'm expecting 375-376 on SPY EOW next week, if we don't see a bounce here I'll take a loss and revaluate, p/c not as high as it was before... still expecting to see one more leg till shorts back off a lil....
that's when i'll get short :D

--

This has been one of my best weeks ever! almost doubled one of my accounts, looking to keep the momentum into next week
kindddaaaaa thinking about making a discord/youtube a 2021 goal for me.... we'll see how things work out
anyway,

GL!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.