What did you expect?
Added 2024-06-18 20:03:00 +0000 UTCAfter such a beautiful unexpected move yesterday to start the week $SPY $QQQ just ranged it today, which is great news. After a big move you want consolidation and some basing. Big news $NVDA is now the #1 largest company in the world by Market Cap displacing $MSFT the king! Caught of of this move today and also holding shares in long port.
I still believe maybe Thurs Friday market could push to the upper trendline at 550s. We'll have to watch at that level to see if it rejects. Dips towards 443/442 buyable if market pulls back sharply from 550s.
Tomorrow, market closed. Enjoy!
THURS: JOBLESS CLAIMS 830AM BUIDLING PERMITS AND HOSING STARTS, PHILLY CAPEX 830AM 4PM BARKIN