First, I apologize for the background noise in the first video. The second one is fine. Today’s only daytrade is SQ, 37.64-39.54, and I kept 1/2 the position. No surprise, but yes it was a spring trade setup, and a nice one with 123 push down. It’s all discussed in the videos.
The stock market is in a huge secular bull market as I’ve believed for years. It is not remotely a bubble. I’m basically bullish on “everything”, except the global government bond markets. The video about momentum and CVO is here and why are people constantly trading the previous trend. In the premarket today we discussed MARA and the gap up:
“Recent big winners MARA, PZRX, DPW, SSC are surging, but I believe they are secondary “echo” bounces. But someone who bought into the lows, I didn’t, is loving it, just hope they sell.”
Also discussed is why I believe the shippers are in a major bottoming process, and I’m accumulating DRYS. Plus a look at BTC “then and now”, and the volume in QQQ, AMZN, FB.