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Psychic Day Trades

09/08/2020 05:55

Just Some charts I’m looking over...

$SPDR® S&P 500 ETF Trust bounced off the 50ma back to 20ma...still trending up, we will see if it will hold
Faang stocks and Tesla are still driving the market although the sell offs on Thursday and friday, they are still in a uptrend except for $Microsoft , $Alphabet and $Amazon.com remains bearish.
$Alphabet I would be concerned ( anti-trust )
$TESLA very strong uptrend..anticipation that the stock will be added to S&P is keeping the stock up as you witness the drop after hours After other tickers got added...so be patient it will have the opposite effect once the news comes in...position yourself for that move as a ETFs will have to add tesla to their holdings once again propelling the stock to new highs..Its only a matter of time.

Above 50ma
$Apple
$Netflix
$Nvidia

Make sure you keep an eye on these..and $CBOE Market Volatility Index...The vix gave us a lot of clues to what was coming last week...we can’t ignore these tools. Even thou I have been very conservative...I must say I was guilty of getting caught in the moment and pushing some boundaries, when the technicals were saying otherwise.

Stay away from the comment section unless is constructive...once again I will admit that last week it was becoming a distraction talking to ppl who have no insight or perpective to offer. You don’t have to be an expert...sometimes the little things one notices can help others...

Wish everyone a great week!!!
Alphabet-0
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

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All Comments(5)

VV09/08/2020 19:18
This post was aaded 13hrs ago but on friday after hours the news of Tesla missing out S&P500 was released..

Psychic Day Trades09/08/2020 19:21

Don’t rely on WB for info or any “analyst” if this was court none of these ppl would be able to participate because of a thing called “Conflict of interest “

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GetGreat09/08/2020 16:02
Thank you very much you gave me a new imsight i am fairly new to investing and you sound like you know juat what your talking about 👍🏾

Psychic Day Trades09/08/2020 19:17

Thats what is about 👍 😀

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Dr. Stocktopus09/08/2020 15:32
Thank you for your trades insights/speculation, i also can appreciate someone who is promoting a healthy trading atmosphere. Im new to the technical charts, i can admit that, but im catching on. I believe tesla will recover the lost 17% with some consolidation, and time for ppl to digest what is actuallly happening.

Psychic Day Trades09/08/2020 19:18

Np I agree...like this hasn’t happen before...people have a short memory. keep on at it👍

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☣Yoga for Kleptocracy☣09/08/2020 06:02
u suk so hard

Helios09/08/2020 06:23

because u suck?

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