$6.3 Trillion of cash sitting in money market funds right now, which is nearly double the amount that was in these funds pre-pandemic. Time for some of this $ to flow back into equities

New ATHs for $META Pre Market

Huge momentum across the board today. A few I continue to focus on ~ $TSLA $META $GEV $NOW $FSLR $COHR $MSTR $AFRM $VRT $SPOT $MNDY $XBI $UBER $RDFN $Z

And $TSLA getting the real reaction today off the 50 BPS cut. +7%

$NFLX $META The two MAG 7 names that showed RS during market decline & now hitting new All Time Highs.

$META Weekly base breakout

#Bitcoin Breaking out through this trendline. Risk on when BTC is in gear. Tons of momentum in the sector right now ~ $MSTR $WULF $CORZ

$WULF Breaking out from this symmetrical triangle & the BTC momentum helping this name. Druck owns this stock.

$COHR Strong Day 2 follow through after breaking out from this multi-month base. Druck owns this name as well.

$FSLR Another big rate cut beneficiary. Retesting the prior breakout level and bouncing.

$NOW Was a big tell how this name was sitting right under the highs while majority of tech names were breaking lower. Market wind behind its back and this one hitting another new 52 Wk high. $1,000 is the next big level.

$CART Another new merchandise type name. Showing great RS and another new 52-week high.

$XBI Biotech Daily & Weekly. Right at the big breakout level to push this sector into stage 2 uptrend.

Standouts ~ $META $TSLA $COHR $MSTR $CART $SPOT $VRT $ANET $ASPN

Over the past ~10 yrs on FinTwit, I was often the youngest & would hear from market veterans I respect that I was ahead of them at my age. Now, I can confidently say Connor Bates & Ted Zhang are sharper than I was then. They’re on a path to do big things, and I love to see it.

In my eyes the best stocks should be clear & many are long gone from classic pivots/low risk entries. Best to keep a list ready if you missed them & look to buy on the pull-backs.

$IGV (Software) Very strong all day and this is looking ready to breakout from the weekly base.

Connor Bates Liquid leaders 👇 Cheers mate

#Bitcoin 5-Star Weekly Cup and Handle

$SPX Can spin all the macro & bear porn out there but nothing bearish about an All Time High close for the S&P 500.