Steve or Matt, Would it be

Posted by chlo8888 on 9th of May 2025 at 07:23 pm
Steve or Matt,

Would it be possible for you to address the rising wedge on the SPX and QQQ this weekend? Just wonder what your thoughts are on a resolution thank you.

chlo888 - are you referring

Posted by matt on 10th of May 2025 at 11:05 pm

chlo888 - are you referring to the ending diagonal wedge showing on the 60 min SPX cash?  As currently labeled - allows for another move higher still for wave v,  again it's one option. 

otherwise the 'street' factoring in at least  1% move on Monday with the tariff news

Hi Matt- I was really looking

Posted by chlo8888 on 11th of May 2025 at 09:23 am

Hi Matt-

I was really looking at the rising wedges on both the daily SPX and QQQ charts. I know in a bull run a rising wedge  can break to the upside but just wondering what your thoughts are for these? Thank you.

AZ charts - nice move

Posted by matt on 9th of May 2025 at 04:05 pm

AZ - Chart Link weekly could run based on the pattern

AZ - Chart Link daily

Trade Backdrop

Posted by steve on 9th of May 2025 at 03:16 pm

Have a good weekend y'all

Posted by srusso1 on 9th of May 2025 at 04:00 pm

Have a good weekend y'all I'm out.

TT3

Posted by steve on 9th of May 2025 at 02:41 pm

Market expecting roughly 1% implied move on spy for Monday.

Nice volume in April on

Posted by steve101 on 9th of May 2025 at 02:21 pm

Nice volume in April on the announcement of government funding for its rare earth project in USA. Volume coming back in today. Got in it on the pullback. 

https://stockcharts.com/h-sc/ui?s=SLI&p=D&yr=0&mn=7&dy=0&id=p58872917888&a=1961404544&listNum=59

Nicely executed steveo

Posted by steve on 9th of May 2025 at 02:24 pm

Nicely executed steveo

PPLT

Posted by matt on 9th of May 2025 at 01:26 pm

PPLT - Chart Link Platinum up nicely this week, still in that large coiling pattern - one day this metal will have its day as supply/demand is way out of whack with demand nearly double new supply over the last 1.5 years now

sold most of my $BOIL

Posted by drsang920 on 9th of May 2025 at 01:16 pm

sold most of my $BOIL shares in your supply zone here, Matt.  Thank you!  just left a small runner for fun

Every sector in the red

Posted by EdZ on 9th of May 2025 at 01:16 pm

Every sector in the red except real estate and materials.

Twitter post

Posted by kingpin15 on 9th of May 2025 at 01:15 pm

AU always performs well when

Posted by lamb on 9th of May 2025 at 01:03 pm

AU always performs well when  Gold  is on the move! Up 2.92 today

Moving higher as we speak

Posted by lamb on 9th of May 2025 at 02:49 pm

Moving higher as we speak

LYFT off

Posted by EdZ on 9th of May 2025 at 12:48 pm

LYFT off

Put calls .72  suggest Lots

Posted by rbreese on 9th of May 2025 at 12:21 pm

Put calls .72  suggest Lots of hope in Tarrifs  this weekend. 

ABAT ... setting up again 

Posted by mla127 on 9th of May 2025 at 11:36 am

ABAT ... setting up again 

ABAT  --  fyi   eps 

Posted by Glad on 9th of May 2025 at 12:12 pm

ABAT  --  fyi   eps   Thursday  after  mkt

Thanks for the heads up

Posted by mla127 on 9th of May 2025 at 01:38 pm

Thanks for the heads up ... couldn't find it on their website .... but their Q2 was Feb 14th ... so make sense !!! 

TOST

Posted by steve on 9th of May 2025 at 11:26 am

TOST - Chart Link

Morgan raised their target on

Posted by kalkgrun on 9th of May 2025 at 12:54 pm

Morgan raised their target on TOST to $50 and a top pick in software 0.64x PEG vs. the large-cap software median at 2.0x. 

Took some profits on FTK,

Posted by mastermind on 9th of May 2025 at 10:43 am

Took some profits on FTK, which has been a monster. Took on a couple of the ideas here - EVLV & HTZ. Thanks for those. I had also bought RUN & BTDR yesterday, and nothing RUNs like a BTDR. 

TSLA what a trading stock

Posted by lamb on 9th of May 2025 at 10:26 am

TSLA what a trading stock , just wait a day or two and she ramps up 20 pts

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