SUBU

https://x.com/subutrade/status/1994743274171764869?s=46

Last thing we need is Matt to get burnt out. He just posted some incredible charts. 

HAPPY THANKSGIVING

Really grateful to Matt, Steve and many members that share their insights. Enjoy with your families.

Thank you Steve for everything you have done for us.
I was with BPT since 2008 ( I was sharing my father in laws membership at that time). Have learnt so much from you. Especially thinking out of the box and also how to bring macro into context during trading.
I felt very emotional hearing your last newsletter because I really look forward to your comments and newsletters. Matt and you form a great team. Hope we can see you around occasionally. Don’t disappear abruptly and put us through withdrawals lol. 

money is moving to GOOGL related names like AVGO LITE CLS maybe AMAT and anyone trying to cut costs like META. I think ORCL will pivot next. Also Elon`s tweet over weekend about TSLA chips may give some boost to TSLA

https://x.com/elonmusk/status/1992499020590108745?s=20 

I took TSLA long on friday based of this long term trendline which also corresponds to 100 day MA

i believe as long we hold this line we should be ok. These inverse ETF charts sometimes screw up our thought process.

https://schrts.co/kHpWsXbN 

Tom Lee on TV today - market sell off due to computer software coding issues. 

Yes Matt. That 60 min chart with fib levels was on the dot.

To the dot...

Seems like a triangle LD in works

This seems to play out Steve. 

BURRY

https://x.com/rjccapital/status/1988580611104133467?s=46

US CONSUMER SENTIMENT FELL TO 50.3 IN OCTOBER — THE 2ND-LOWEST READING EVER, NOW ABOUT 10 POINTS BELOW THE FINANCIAL CRISIS LOW AND WEAKER THAN DURING ANY PRIOR RECESSION.

US LAYOFFS ARE RUNNING AT A CRISIS PACE — COMPANIES ANNOUNCED 153,074 JOB CUTS IN OCTOBER, NEARLY TRIPLING YEAR-OVER-YEAR FROM 2024 LEVELS.

Goldman Sachs estimates the U.S. lost about 50,000 jobs in October, marking the biggest drop since 2020.

EXE Doing great

SNDK - getting to shortable levels RSI extremely elevated.

HOOD at interesting level

HIMS seeing nice volume accumulation. Would appreciate any input.

Yes MPC... thanks for sharing

Steve do you think its has more room to upside ?