UPDATE May 27
All charts are 2 hr.
$E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$ $Invesco QQQ Trust(QQQ.US$ Turned negative, positive momentum is still strong, I expect a memorial day rally still
$E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$ $Invesco QQQ Trust(QQQ.US$ Turned negative, positive momentum is still strong, I expect a memorial day rally still
running late - Down the mountain
Good Luck
Good Luck
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Jason Jason8 : Looks like uvxyjam is moving on.
iamiamOP Jason Jason8: yep it's a rally, VIX is going to get crushed
Jason Jason8 : So should I continue to hold the position?
Jason Jason8 : Or sell it all?
iamiamOP Jason Jason8: that's up to you, I dont know your position or tax liability... VIX will fall today and probably tuesday - but then we're most likely going up again way up... This is a "little" bull run of about 40pts on QQQ but then I suspect we sell off again
iamiamOP : $Baker Hughes (BKR.US)$ I'm in again
Moissanite : Noticed that you have left out fertilizers stocks recently. are they currently out of play in your opinion? there is an upcoming food crisis, shouldnt this cause a squeeze in fertilizers stocks? appreicate your expert view on this. thank you.
W Chiang : M shape here. Headache
iamiamOP Moissanite: iam still heavily in fertilizer just haven't bought in a while, more of a time issue, I'll put them in the weekly. I also dont report much on OIH my largest holding dont really care where it's at, I know where its going
101828445 iamiamOP: I missed getting in OIH when it was at 250s. Do you think it’ll pull back a little before it runs again? Was thinking it ran up quite fast and might not be a good time to enter now
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