Momentum
This week will be a quiet trading week as compared to many other weeks. With little near term headwinds and new economic reports, the current momentum is tilting towards the bullish side.
It makes little sense for institutions to have a huge dump for big cap stocks during this period, unless of course it’s to wipe out options on Friday. With this said, at the most, it only has to go sideways, and that could kill both short-dated call and put options.
The broad index S&P500 does stand a chance to hit all time high by the end of Santa Rally, which is on 3 January 2024.
The broad index S&P500 does stand a chance to hit all time high by the end of Santa Rally, which is on 3 January 2024.
Not financial advice. Do your own research, and don’t get caught off guard if the opposite happens.
$TENCENT(00700.HK$ $Netflix(NFLX.US$ $NASDAQ 100 Index(.NDX.US$ $Nasdaq Composite Index(.IXIC.US$
$GlobalFoundries(GFS.US$ $Workday(WDAY.US$ $Direxion Daily S&P 500 Bear 3X Shares ETF(SPXS.US$ $AMC Entertainment(AMC.US$ $Futu Holdings Ltd(FUTU.US$ $Vanguard Growth ETF(VUG.US$ $Tuttle Capital Short Innovation ETF(SARK.US$ $Upstart(UPST.US$ $Snowflake(SNOW.US$ $iShares 20+ Year Treasury Bond ETF(TLT.US$ $Block(SQ.US$
$GlobalFoundries(GFS.US$ $Workday(WDAY.US$ $Direxion Daily S&P 500 Bear 3X Shares ETF(SPXS.US$ $AMC Entertainment(AMC.US$ $Futu Holdings Ltd(FUTU.US$ $Vanguard Growth ETF(VUG.US$ $Tuttle Capital Short Innovation ETF(SARK.US$ $Upstart(UPST.US$ $Snowflake(SNOW.US$ $iShares 20+ Year Treasury Bond ETF(TLT.US$ $Block(SQ.US$
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