Let me let you know about my good pal Don Kaufman over at TheoTrade – the choice maestro who’s been nailing these market strikes when everybody else is asleep on the wheel! With inflation cooling sooner than my ice cream on a summer season buying and selling day, Don’s recognizing the stealth strikes sensible cash’s making proper now whereas the VIX sleeps! You merely can’t afford to overlook what he’s saying about these gamma squeezes which are launching shares like META and NVIDIA into the stratosphere!
Don’t Imagine This Calm – It’s All Squeezes and Teases
by Don Kaufman
This market feels calm… and that ought to scare you.
In case you’ve been with us for some time, {that a} quiet tape like this usually units the stage for outsized strikes, like Monday’s upside explosion.
Now, we’re sitting effectively exterior the anticipated transfer within the SPX. Chance suggests we’re due for a pullback – not a collapse, however extra like a gravity-check again towards 5800.
There’s extra occurring and we’ll dive into large index names, too. I’ll present you ways retail circulation triggered gamma squeezes in common suspects like Meta (META) and Nvidia (NVDA), and the way I’ve been utilizing my catapult technique in Alphabet (GOOGL).
There are alternatives on the market on this scary, rangebound tape – right here’s what I’m …
