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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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Commodities

GDX’s Bullish Breakout

GDX has been performing very well after a successful bullish breakout from the yellow trendline. I have been in GDX for quite some time now, and have waited months for this breakout. I have the red trendlines as key resistance targets ahead. I’m bullish on GOLD in 2024, I think GOLD will reach $3,000 and […]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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