Good morning. my notes are primarily long biased for the day. but if market turns into a sell the strength action day, I will look for short entries — as usual watch discord.
Trying something new for the first time to get advantage of SPY volatility. Check out the Can we turn $2000 into 50000 Challenge? Please be patient as I’m still working on the page and how to manage this. It was a spur of the moment idea.
General market thoughts
What a flush into Feb support yesterday followed by a nice bounce. Lots of eyes looking toward Fed meeting tomorrow. So we had a few interesting developments into yesterday’s close.
- Potential higher low,
- More buyback announcements,
- Started getting some decent call flow
- More upgrades to outperform on companies.
I’m still short biased overall, but I think there is potential for some relief/sharp rally.
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