$avgo AVGO had a chip warning within the overall decent earnings report. That warning meant it was a green light to short other chip stocks AFTER they broke under their 1 minute ATR trailing stop. Here is one of them:

$spx $xsp chris.brecher 4:02 PM 03:36 PM Chris Brecher BOT +1 BUTTERFLY XSP 100 (Weeklys) 8 MAR 24 513/512/511 PUT @.16 just letting it cash settle or go out worthless 4:02 04:01 PM Chris Brecher xsp spread closed 63 cents. nice 400 percent gain

$SPX Finally, the SPX is too far away from the weekly 20 SMA.

Thanks to Marc Smith Marc Smith for including me in Lou Basenese and Lauren Simonetti's "Meme Stock" segment on Varney & Co. FOX Business this morning. You can find it here 👇

Thanks to Marc Smith Marc Smith for including me in Lou Basenese and Lauren Simonetti's "Meme Stock" segment on Varney & Co. FOX Business this morning. You can find it here 👇