So many kids fresh out of college complaining about wages and not being able to afford the lifestyle “they were promised”. In 2007 I was making $24k/year on a commodity desk. I got the $5 foot long, ate half for lunch and took the other half home for dinner. Times have changed,
I want to give a shout out to
@allstarcharts
he was one of the biggest bulls for the whole rally but somewhere end Q3 he got bearish and then very bearish. Not only did he call this melt down, he wrote about it in a more relatable way than anyone I have seen in this industry 👏
$NVDA double beat, confirmed guide and Blackwell. Just got into NYC for
@HalftimeReport
tomorrow. Risk off tone today carrying. This is where I see support in
#ES_F
and
#NQ_F
. Seasonally cautious with $GLD $SLV
$SPY $QQQ
Is the AI trade back? Did it ever leave? $MU blowout beat and raise, $NVDA one month highs, $META record close. But let’s also talk macro, $USD strengthening. This is what I’m seeing.
$QQQ $GLD $SLV $SPY
#ES_F
It was the day we wanted $SPY -2% &
#VIX
back above 20. $NVDA DoJ headlines a drag. But a potential great setup into Nonfarm Payroll Friday. This is how I see it.
#ES_F
$QQQ $GLD $SLV
Little known fact about Chicago. The biggest fireworks show is put on in a little neighborhood off the Blue Line by a family. Crowds gather and legal or not authorities allow. It by far trumps Navy Pier.
That was a good close, great to not fall apart again. One day to go, can we clear last Friday’s settlement? Leadership showed up $NVDA $AVGO $META, great earnings from $LLY, and even the $XLF +1.6%.
$QQQ $SPY
#ES_F
CPI and now 10yr auction. Just imagine if all the negative news is flushed out today and then PPI comes in light tomorrow. And China New Loans is supposedly due overnight, never guaranteed though.
People say lack of housing forces local residents into the streets, but James says he came from Texas to San Francisco for the drugs, the non-enforcement of anti-camping laws, and the $820/month in welfare & food stamps. James says he sold fentanyl, 2 weeks ago, to a 15-year-old.
$XLM Stellar has been my biggest position recently. Of course took some off the table on this double. But after a little shake out.... I expect cream to rise to the top. Hate it or not, price action doesn’t lie. I believe
#Stellar
will outperform going forward.
Today in 1998, my mom suddenly passed away on Mother’s Day. Don’t just tell your mom how much she means to you tomorrow. Do it every day you can. Thinking of you!
One down, one to go. Let’s finish the week strong! Leadership showed up again $NVDA $AVGO $META. Big day for commodities. Constructive rebound in
#CL_F
$USO, fresh record in $GLD while $SLV platinum and palladium boogie.
#QQQ
$SPY
#ES_F
#OOTT
$ORCL
#ADBE
@Trader_Dante
I had a registered CTA few years back. Was up 100% on 300k in first 12 months. Couldnt raise any serious cash because gains were too much too quick. Was my wake up call that real money looking to invest does not like the"wow factor" you speak of. Take big risk to get those gains.
Holy smokes! Gangbusters day $TSLA $NVDA $AAPL $URI $OC and so many more. But this is not the time to let your guard down. Here is why.
$SPY $QQQ $GLD $TLT
A blowout Retail Sales report. This was not just a snapback from a bad December. This was the best since... you guessed it... last January.
The consumer is alive and well, underpinned by a 54-year low Unemployment Rate.
This is a leading indicator for more inflation.
Welcome to October. The geopolitical landscape picked up quick, ISM Manufacturing Prices contracted for the first time this year, and JOLTS (Job *OPENINGS*) spiked. $SPY $QQQ lower but $XOM and $LDOS some of our favorite movers.
$GLD $SLV $XLE
#OOTT
#ES_F
Accident on 65 north of Louisville is slowing the trek. But teamwork at its best. My wife Amy in the drivers seat, kids hanging in, and I have markets/emails on the laptop. Should be at
@PStreible
by dinner time.
Are you not entertained! What a monster session for $NVDA $AVGO and now $META $QCOM after the bell. Fed Chair Powell gives the nod to a Sept cut and a record close for
#GC_F
. I will be on
@HalftimeReport
tomorrow for the hour tune in!
$QQQ $SPY $GLD $SLV
#OOTT
At
@RaviniaFestival
for
@ofarevolution
. Great evening and listening to them always reminds of one of my favorite teachers, 6th grade reading, Mrs. Roberge.
Longshoreman strike across U.S. East Coast and Gulf is serious news. This could easily create market volatility. Keep an eye on developments. $SPY $QQQ
Harold J. Daggett, ILA President and the union's Chief Negotiator
New highs but beware of doji? Great day for $XLF led by $C and pharma $LLY $ABBV $AMGN. Although software is slipping, $NVDA $INTC doing the heavy lifting. Along with a monster session from $TSLA … again
#ES_F
#NQ_F
$QQQ $SPY $IGV
Bought put hedges across stock and metals portfolios. Set stops on futures and even went a little short. Stepped away for the first day of school, breakfast with the littlest, and now back at the desk. Anyone want to get me up to speed?
Today on
@HalftimeReport
on $AMZN
@Downtown
said “EPS at $1.03 will represent a 60% increase y/y, if you have been a shareholder this is the moment you’ve been waiting for, all of that getting lean translating into leverage”
EPS at $1.26.
IMHO it doesn’t stay down here.
Back in Chicago, it was an amazing time at the Masters. But markets never sleep and volatility has accelerated. This is what I’m watching tonight and tomorrow.
#SPX
#SPY
#QQQ
#NVDA
#GLD
#SLV
#TLT
Back at the NYSE for
@HalftimeReport
. Tons to talk about in the macro world - Gold, Silver, other commodities, rates, Fed - and I have a new position that may surprise you! Don’t miss it!
Massive report. Street was looking for $59b RPO. I see
#ORCL
making it’s way to $155 this year. Another 20% from premarket level.
@DivesTech
is right - AI Revolution! We will start seeing infrastructure and software drive the next leg.
Investors are trying to put a puzzle together around AI and we got another big clue from Ellison/Oracle last night. The most important number for the Street is $80 billion of RPO (grew 29% yoy) that blew away Street expectations on AI/cloud demand. AI Revolution thesis 🔥🏆🍿🐂
Futures have opened with
#ES_F
-0.9% and
#NQ_F
-1.4% after Warren Buffett sells half of his $AAPL, his largest position, a stock that is still by far his largest position. The $SPY is now -7% from peak and $QQQ -15%. This was a needed pullback and these are never comfortable.
@BillAckman
@federalreserve
Bill, great name by the way, with all due respect, you do realize Bonds are higher because the Fed's efforts are working and inflation is being tamed? (for now). The most recent economic data is confirming this.
We must see strong volume in the final hour to confirm today.
#NQ_F
#ES_F
are trading into crucial levels that I highlight while $NVDA $AAPL $MSFT $AVGO account for 1/3 of the $QQQ gains. PPI was slower but is this action front running $CPI too much? Need $SPY volume confirm.
Rare major four-star support holds again! Nonfarm Payroll incoming tomorrow morning and geopolitics taking us into the weekend. Crude Oil broke above 73.25, here’s how I see it.
$SPY $QQQ
#ES_F
#NQ_F
$NVDA $MPC $XOM $USO
#OOTT
What a bloodbath! $GOOG $TSLA got the ball rolling but this was wide spread. On the bright side $SPY $QQQ testing big supports and $IBM $NOW lifting in after hours. A lot of week left, catch me on
@HalftimeReport
tomorrow.
$NVDA $META
#ES_F
#NQ_F
Just landed back in ORD. Interesting session for $SPY $QQQ $NVDA leading into tomorrow’s Core PCE, the Fed’s preferred inflation indicator. Here is why.
Happy Mother’s Day to my amazing wife Amy. I am so excited to celebrate you today, though you deserve many more. You are my rock, my center, my best friend, helping me through the thick and thin, the highs and the lows. I couldn’t be me, without you being you. Not only are you
That was a day! Great tailwinds from data. Bull flag like breakouts in the
#SPY
&
#QQQ
, great stuff from
#AAPL
,
#TGT
,
#HD
&
#COST
. Also
#AMGN
had follow through, and let’s not forget about the monster session for Gold, Silver, Copper, and
#GDX
.
Great start to the week. Was last week the retest with lower volatility that came in August 2015 and February 2018? This week will be crucial for $SPY $QQQ. We added to $JPM but the market needs leadership from tech $AAPL $NVDA to really dig out.
@MarketRebels
Illinois needs to throw the kitchen sink at getting business back here. I'd imagine some really great breaks for $TSLA. Pritzker and Lightfoot have burned this state down.
Big response from
#ES_F
and
#NQ_F
for the second day in a row against **** support. $AVGO was one of the first to turn and big news from $NVDA after the bell. Still a big week left with Services and Jobs data.
$SPY $QQQ $XOM $XLE
Options are risky, but if you’re looking for a little YOLO fun, I like the 9/20 $NVDA 155/170 call spreads for about $1.00. Great payout structure. More on my earnings thoughts below.
@snorlax_uw
#lottery
Record high close in the $SPY and our
#1
position $NVDA becomes the largest company in the world. Also big miss on Retail Sales and
@CMEGroup
FedWatch Tool is showing better than 2/3 probability of 2 cuts this year.
$MSFT $AAPL
#ES_F
#NQ_f
$QQQ $MU
Markets are battling another tough slate of data led by hotter PPI. However,
@CMEGroup
FedWatch odds only moving marginally. Another big slate of data tomorrow.
#ADBE
slipping, sliding, I think it can get up 🤷♂️.