Shares are buying and selling greater once more immediately, which is nice for our S&P 500 place. Hopefully, we are able to attain our first goal on that to lock in positive factors and shield our account extra.
I noticed a remark asking why we’re not entering into the QQQ, and the easy reply is that the bars are nonetheless crimson. The market internals are literally fairly weak right here, and better costs don’t imply we age a purchase sign or ought to personal the QQQ. There may be extra to getting into and exiting positions than simply worth motion, however as that was a terrific query, I needed to the touch on it.
It was nice to see so a lot of you in individual over the previous three days. Some nice conversations and laughs. Thanks for taking the time to journey and join. Kaiyo, thanks and your spouse for the very good dinner and evening out!
Respectfully,
Chris Vermeulen
Founder, The Technical Merchants
✔ PREMIUM ETF SIGNALS: https://thetechnicaltraders.com/investment-solutions/
✔ OPTIONS TRADING SIGNALS: https://thetechnicaltraders.com/ots/
✔ FREE ANALYSIS NEWSLETTER: https://TheTechnicalTraders.com/e-newsletter/
MY FREE INDICATORS IN MY BOOKS
Disclaimer:
The content material revealed on this web site, together with weblog posts, movies, analysis articles, and commentary, is meant solely for informational and academic functions and shouldn’t be construed as funding recommendation. Technical Merchants Ltd. and its associates are not registered as funding advisers with the U.S. Securities and Alternate Fee or any state securities authority. The knowledge supplied is common in nature and is not tailor-made to the funding wants of any particular particular person. Nothing revealed on this web site constitutes a advice to purchase, promote, or maintain any explicit safety, commodity, or monetary instrument. The views expressed symbolize the opinions of the authors and are topic to vary at any time with out discover. Efficiency outcomes mentioned could embrace stay buying and selling outcomes and/or backtested or hypothetical information. Hypothetical outcomes are inherently restricted and don’t mirror precise buying and selling efficiency. No illustration is made that any account will or is prone to obtain earnings or losses just like these mentioned. Previous efficiency is just not indicative of future outcomes. All investments contain danger, together with the potential lack of principal. Testimonials and consumer experiences offered might not be consultant of others and don’t assure future success. Some content material could comprise affiliate hyperlinks or promotional materials, from which we could earn compensation. This doesn’t affect our content material or editorial independence. By accessing this web site or consuming its content material, you acknowledge that you’re solely accountable for your individual monetary choices and comply with seek the advice of a licensed monetary skilled earlier than performing on any info supplied.