At this point just gotta laugh... options expiration week is always screwy anyway...This one is one for the record books! 

It used to be 'screw the IRA contributors' as the market was always close to an all-time high when the last-minute IRA depositors purchased their mutual funds at the top...only to watch their investment drop 10-20% before getting their 3Q  account statement. Until the endless QE to infinity distorted normality :)

Popcorn market. Up on hot air! Geezsh

My UPS driver just bragged about how he's killing it in LINK and VET and putting ALL his money into crypto. Ummmm, ok...let me know how that works out but at the moment those guys (and my kids) are KICKING MY ASS!!!! FOMO is making me wanna puke! 

SQUEEEEEEEZE Somebody must be getting slapped around!

Thanks!

Serious question-no hurry... Steve mentioned how AAPL,AMZN,GOOGL,FB & MSFT are 21% of SPX/40% of QQQ and are pretty much responsible for this last move up to new highs. My question is: When money flows into the ETFs does that make the ETFs have to go and buy the components in the percentages in respective index? Example: $1 buys QQQ so AAPL gets 10 cents/MSFT gets 10 cents etc My point is when $$$$ flows into QQQ and SPX, is it a self-fulfilling proposition that the FAANGs are going to go up? Thanks!

Making it too hard! Sometimes I think I get too caught up in all the mumbo and could've just bought MSFT 3 weeks ago and pocketed 35 points today. I'm trading for 2-3 and stressing myself out. Should've just held GBTC I bought sub-15 on Steve's recommendation and taken some golf lessons. One of these days I'm going to figure it out :)

Steve Reply: This is why I constantly preach to develop a methodology that suits YOUR objectives and risk tolerance.   Nothing more important that having a PLAN.   Looking at things in hindsight is easy but take time to study the PATTERNS that I showed and the result.   MSFT was a nice pattern but to be honest it wasn't 35 points. 

ARKK taking on water again...ugly reversal off 124+ gap open

Excellent chart-thanks!

VIX in the 17s... been quite awhile since we've seen that. Houston, it's good to see ya!

I'll buy the rug pull... serious distribution going on....dog days type volume. If not today...so be it :)

ZZZZZZZ boom! My FOMO says BUY BUY BUY Go Long but my brain is screaming 'distribution' and just feels heavy. What am I missing?

That was a pretty massive buy...I mean Boeing...program! Amazing how 'they' goose one DJ stock to influence the indexes. Anyone ready to step into Tencent or the others getting crushed by liquidation?

WOW Parabolic

90 PTS IN 1 DAY? I think I'm good for the weekend. Great call, Steve - thank you!

Raiders of...

Been following for quite a while - very straight-forward, detailed, and unbiased. Hmmm, kinda like you! Thanks for sharing, Steve!

A-B and then C down to???

Another BS move but gotta run with it!