We have a big week ahead in the stock market with a lot of big companies reporting earnings. The S&P had a very bearish week last week and I think we could see a rebound this week. It will be important to see if the Magnificent 7 reports strong earnings, and whether GDP and PCE inflation data come in strong. For now I would monitor SPY for a rebound.
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This table compares the S&P 500 (SPX), Gold, and Bitcoin (BTC) returns during major geopolitical events over two timeframes: 10-day returns and 60-day returns. Key Takeaways: General Insights: Overall, Bitcoin appears to be the most volatile but with the highest long-term potential returns during major geopolitical events, whereas Gold offers more stable, safe-haven performance. SPX shows resilience but can be negatively affected […]
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NVAX has traded sideways throughout Q3, and is building support around $10.93. I think $11 is a great floor price for NVAX, but we could see some volatility in the markets with steeper declines if we get some bad news. I would wait for the days with extreme fear to buy. Follow me on social […]
Read MoreThe S&P and NASDAQ formed a bullish gap higher today, which sent SQQQ back down to around $8.10 price levels. There is support for SQQQ around $8.09, and a bullish rebound forming in the short term. Tomorrow is the long awaited Fed pivot, and we’ll see how the financial markets react to the Fed’s policy […]
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This table compares the S&P 500 (SPX), Gold, and Bitcoin (BTC) returns during major geopolitical events over two timeframes: 10-day returns and 60-day returns. Key Takeaways: General Insights: Overall, Bitcoin appears to be the most volatile but with the highest long-term potential returns during major geopolitical events, whereas Gold offers more stable, safe-haven performance. SPX shows resilience but can be negatively affected […]
Read MoreNVAX has traded sideways throughout Q3, and is building support around $10.93. I think $11 is a great floor price for NVAX, but we could see some volatility in the markets with steeper declines if we get some bad news. I would wait for the days with extreme fear to buy. Follow me on social […]
Read MoreThe S&P and NASDAQ formed a bullish gap higher today, which sent SQQQ back down to around $8.10 price levels. There is support for SQQQ around $8.09, and a bullish rebound forming in the short term. Tomorrow is the long awaited Fed pivot, and we’ll see how the financial markets react to the Fed’s policy […]
Read More