Portfolio Beta Hedging Ahead of Super Seven EarningsYou cannot predict the future. But you can prepare for it. Mega cap tech stocks have collectively lost USD 930 billion in value since Nasdaq 100 peaked on 21st March 2024. Will Super Sevens earnings turn the tide?
Starting this week, the Super Sevens will start announcing first quarter results. N
Next Leg Correction underwayRally was short and sweet. Got 0.50. Fibo. Meta cracked it. Was fading all day already after the morning pump; just three up days.
C legs typically extend farther and give a 1.62 extension, capitulation and panic prevail.
May will be Bearish, at least to start, imo. Need to watch this correction
A soft landing is unlikely to materializeThe SPX has rallied approximately 3.5% since its lows on 19th April 2024 and well into the two-day FOMC meeting that kicks off today. In line with general market expectations, we do not anticipate any change to the central bank’s monetary policy, and just like on previous occasions, we expect Jerome
Sell in May, return another day. The truth.No doubt everyone has heard a variation of the phrase:
“Sell in May, return another day.”
In Wikipedia it is written:
“Sell in May and go away is an investment strategy for stocks based on a theory (sometimes known as the Halloween indicator) that the period from November to April inclusive has s
Bears Beware!A correction is coming soon. Maybe started this week. How low will it go? Nobody knows.
So many Bearish Posts. Permabears predicting cataclysm. The End is Near!
Doomsayers who repeatedly forecast massive crashes will eventually be right, once every 15-20 years.
Almost always these guys are just
S&P500 Quick buy trade.The S&P500 is approaching the 1D MA50 (red trend-line) to test it as a Resistance for the first time after the April 15 bearish break-out. It has already broken above the Bearish Megaphone, the 4H RSI has formed a Channel Up similar to the price action's and so far this sequence of events is fairly
S&P 500 Cup and HandleOn the above 4-day chart price action has corrected 10% from the 4600 summer high to find support on the Golden ratio. A remarkable moment now exists to have long exposure. Why?
1) RSI and price action resistance breakouts.
2) Support on 2022 resistance. What a signal!
3) The Cup and Handle patte
S&P 500 Rebounds after Negative GDP NewsS&P 500 Rebounds after Negative GDP News
Data released yesterday showed US GDP growth slowed to 1.6% in the first quarter of the year. According to ForexFactory: forecast = 2.2%, past value = 2.4%.
Reaction to the news sent the S&P 500 mini stock index (US SPX 500 mini on FXOpen) sharply lower as
Distant and Not-So-Distant CousinsEverywhere I look I'm seeing talk of a "new bull market"
But I don't think this is a new bull market
I think we are getting a visit from a distant relative: Ole' Cousin Bear Market Rally
Why do I think this?
Well, typical of "family", the members within share common attributes
In the next post
S&P500 - Long opportunity ✅Hello traders!
‼️ This is my perspective on S&P500.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price continue the retracement and then rejects trendline + S/R zone + FIBO 0.618 level.
Lik
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Frequently Asked Questions
SP500 Future is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy SP500 Future futures or funds or invest in its components.
The lowest ever quote of SP500 Future is 1993.60 USD. It was reached on Oct 31, 2014.
SP500 Future reached its highest quote on Apr 1, 2024 — 5332.41 USD.