SQ

2021-01-24 Sunday

WEEKLY MARKET OVERVIEW With the new US president finally at the White House, this four trading days week has seen most indices recovering from the previous week’s losses and back to a test of all-time highs. Weekly performance:– SPY (S&P500) +1.91%– QQQ (Nasdaq100) +4.35%– DIA (Dow Jones Industrial) +0.60%– IWM (Small Caps) +2.02% The SP500 (SPY) broke out to all-time highs on the …

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2021-01-11 Monday

Choppy price action throughout the entire Monday’s session with major stocks showing mixed behaviors. Headlines remain heavily negative but stock owners keep holding and looking for higher prices. That is confirming the strength of a market that refuses to go down on bad news. Finally, also TSLA took a break after the recent wild run! …

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2021-01-07 Thursday

Not much to say for Thursday’s trading session rather than market participants quickly forgot Monday’s selloff and the tragic news from Washington. Most mega-tech-companies recovered in full from recent weakness and were between the strongest stocks of the day. The only negative aspects I can notice are the red candles just before the close (quite …

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2020-12-28 Monday

Despite a positive day for the overall market most of the strongest momentum stocks were hit hard. FVRR has been one of them having the third negative day in a row with a deep red candle. In the second hour of the session I sold a 01/15 $185 CSP (cash-secured-put) collecting a $745 credit. At …

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