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Momo Market Roundup, 11/30/2021 — Blood in the Street, Eyes Peeled for More Downside 

 December 1, 2021

By  spectre_trades

Watch for a SPY Gap down

The market followed through on our anticipated downside, with the SPY falling right to our 457 level from the watchlist. I think it will gap down overnight and we could see levels of 448-450. If that happens, I'll be looking to go long.

TSLA a Bright Spot in a Rough Market

Tesla (TSLA) is showing some strength despite the ensuing market carnage. We're waiting for numbers to be published on overall EV sales and watching for dips into 1118 before we go long again.

XPEV on Fire

Xpeng Inc. (XPEV) cleared its recent highs today. $60 call flow seems to be in effect. 

Heavy Call Action on AAPL

We're seeing non-stop call buying on AAPL. We're watching all dips.  Did end up swinging some overnight.


Member Trade of the Day

Edumomo member HitmanH went short on SPY for a 13% account game. Rockstar move!

spectre_trades


Momentum Trader. Technical Chart Analyst. Always on the hunt for 3x or better reward to risk.

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