ABT is also hitting a symmetry target on the daily.  $14 was the largest up move, and it is currently about a buck above.  Will she or won't she?

"No one could have seen this coming"

Woohoo!  Got some 8 weekers this time!

Nope, maybe that is why they are rallying...fat margins!

Stay out of trouble up there Matt!  

I'm sure this will be in the newsletter, but I've been tracking the favored SPX mapping and look how those symmetry moves and supports/fibs align on this 2 hour chart.  Interesting...

PANW looks like a big H&S sitting on top of a gap 

https://schrts.co/KBnBbYVm

Goldman cutting S&P earnings forecast

https://seekingalpha.com/news/3902366-goldman-cuts-its-2023-earnings-forecast-to-0

Thanks for the update.  I forgot to bid on the 8 week bills like I planned to.  Took a 1 month brokered CD @ 3.35% as an alternative.  I have a short term expiring mid-month so I'll hopefully be ready for the next t-bill auction!

LOL...no position for me on that one

MARA - air out of the balloon this afternoon

Any recommendation if you took the option trade as posted?

I think the bear market will be over when no one speaks of crap like SNAP, PTON, and HOOD ever again, but for now, the CNBC types love to talk about them...

SPX corrective wave - I've been following the SPX big picture chart from the weekend newsletters.  Did the recent 5-wave decline (v on my chart) complete the 5 of A and we are now in major wave B?  Or is major wave A still unfolding.  I recall discussion that a major B would be a good long opportunity (bear rally).  Kudos to Steve for calling the "chop" this week!  Thanks.

Could this USO rally be a 4th wave?  Another leg down would set some divergences.

Great newsletter analysis of the SPX.  Thanks for your hard work Steve.

SPX 2hr shows Wave v has 2 waves so far.  Doesn't this seem impulsive and likely to play out in 5 waves?   Also noteworthy was the 221 point bounce yesterday (no symmetry break)

JPM quite a doji on the daily...

TROW Christmas tree...look at that unwind  https://schrts.co/bnYDdJSi

Translation...something bad is on the horizon