Monday Market Update - August 19, 2024 - SPY with a historical 10-day run showing that the bulls are alive and well. It has closed two gaps and created another so far, with one more overhead extending down from the all-time closing high. What to look for next? Read here find out.
I may add the $SOXX chart more regularly. And of course $QQQ is in every article.
While I often trade them, I don't chart 2x/3x/inverse issues ($TQQQ $SOXL) because the data is distorted by the leverage and time erosion. You can refer to the standard versions to help with the game planning on those.
Thanks for the analysis. Ad usual it paints a vivid picture using no more words than needed. Love it! I guess indvidual stock charts would be of less interest unless relevant for many styles/strategies. Perhaps just the liquid leaders?
that's pretty great...maybe tqqq and soxl...
Thanks!
I may add the $SOXX chart more regularly. And of course $QQQ is in every article.
While I often trade them, I don't chart 2x/3x/inverse issues ($TQQQ $SOXL) because the data is distorted by the leverage and time erosion. You can refer to the standard versions to help with the game planning on those.
Thanks for the analysis. Ad usual it paints a vivid picture using no more words than needed. Love it! I guess indvidual stock charts would be of less interest unless relevant for many styles/strategies. Perhaps just the liquid leaders?
Thanks for the kind words, and for adding your thoughts.