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Stocks

AMC and GME Update

The meme stock rally got stopped twice this week, both times by AMC and GME diluting their investors. I spoke with the TrendSpider team about the meme stock rally, and we have some similar ideas. We both think that the meme stock rally hasn’t finished yet, but call options traders are getting wrecked first. The […]Read More

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Stocks

IWM’s Bullish Breakout

The IWM is trending for a bullish weekly candle close in the red resistance zone. IWM still needs to break through a $210.44 resistance level to start rallying, but there was some nice progress made throughout the week. With a successful breakout I have the white zone as a key price target over the next […]Read More

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Stocks

S&P and NASDAQ Trading at New ATHs

The S&P and NASDAQ have been trading at new all time highs. $SPY is approaching an important white resistance line at $535. I think we might see an attempted bullish breakout above this trendline. $QQQ has a yellow resistance line that gives a price target around $500. This upcoming week Nvidia’s earnings will have a […]Read More

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