Worried about signal from Gold's rally? 👀

Since 1973, when Gold/Tech correlation was > than or = to +0.4 (red dotted line top chart), the 1-month forward avg annualized $SPX total return was 19.3%. 🤯💰

$QQQ $NDX $SPY $XLK h/t Jim Paulsen

Where's the strong consumer?

Woomp there it... remains!

#economy #Macro $SPX #retail #consumer

There is only a 17% probability the March peak would prove the top for 2024.

Consequentially there is an 83% probability a higher-high will be found between March’s top and September 30, 2024.

I like the dip buying odds presented!

$SPX $SPY $QQQ $DIA

Wasn't expecting to see that? $QQQ

While Nasdaq 100 $NDX is down some 6% from its highs over last 4-weeks, were you expecting to see $PYPL outperforming?

Something has changed in #paypal investor sentiment fo sho!

J.P.M Kolanovic

$SPX could stabilize near-term... however, we think sell-off has further to go...concerned about continued complacency in valuations, inflation too hot, further Fed repricing, and EPS outlook where implied acceleration might end up too optimistic.” $SPY $QQQ $DIA

And another winner 💰

$SOXL long from $35.21 sold after hours $35.65.

You can trade/invest with us finomgroup.com Learn our market outperforming strategies!

$SPX $SMH $SOXX $QQQ $NDX $NVDA

The difference between buying-the-dip and fearfully avoiding the dip is the inevitable opportunity cost!

My pockets aren’t big enough to hold all the opportunity cost on any given year, so dip-buying is my default!

$SPX $SPY $QQQ $DIA

We can learn a lot about how the world 🌎 should work from children.

✌️ 🙏

He clears his throat… got to do something about this cold 😆

Next on the list would be follow through day and recapture major averages on weekly closing basis, else leave room for revisiting downside.

$SPX $SPY $QQQ $DIA $VIX

Where's the strong consumer?

Woomp there it... remains!

#economy #Macro $SPX #retail #consumer

You know how we do... On fire 🔥

Another long $TNA $34.15 sold $34.72.

You can trade with me at finomgroup.com

$RTY $QQQ $IWM $SPX $SPY $VIX

There is only a 17% probability the March peak would prove the top for 2024.

Consequentially there is an 83% probability a higher-high will be found between March’s top and September 30, 2024.

I like the dip buying odds presented!

$SPX $SPY $QQQ $DIA

Ways to establish new trend: FOLLOW THROUGH DAY

1. Higher lows
2. Reclaim 10-DMA and eventually 20-EMA
3. Follow through day: Day 4 or later after new rally attempt
4. New leadership

$SPX $QQQ $DIA $SPY $IWM $NDX

Wasn't expecting to see that? $QQQ

While Nasdaq 100 $NDX is down some 6% from its highs over last 4-weeks, were you expecting to see $PYPL outperforming?

Something has changed in #paypal investor sentiment fo sho!

Worried about signal from Gold's rally? 👀

Since 1973, when Gold/Tech correlation was > than or = to +0.4 (red dotted line top chart), the 1-month forward avg annualized $SPX total return was 19.3%. 🤯💰

$QQQ $NDX $SPY $XLK h/t Jim Paulsen

Nasdaq 100 is on a 4-week losing streak.

Nasdaq 100 has not expressed a 5-week losing streak since Sept-Oct 2022's bear market.

If the bulls are to make a stand, now would be the time.

J.P.M Kolanovic

$SPX could stabilize near-term... however, we think sell-off has further to go...concerned about continued complacency in valuations, inflation too hot, further Fed repricing, and EPS outlook where implied acceleration might end up too optimistic.” $SPY $QQQ $DIA

All the answers 😉inside this weekend’s macro-market Research Report (members only).

finomgroup.com/signaling-a-bo…

Early morning sales from last Friday's dip buying led to recaptures/additional flips today.

This past weekend's Report informed of potential for a bounce, but a bounce can lead to another leg down if proper catalyst doesn't materialize. Follow thru day desired by 🐂 $SOXL $AMZN