The volatility that we thought could happen this week showed up today with a wild sell off and the V-shape rally in the QQQ and SPY. AAPL was the standout from the watchlist making new all time...
The QQQ bounced off the 20ma last week and continues to look like it wants to grind higher and SPY closed the week at a new all time high. This is options expiration week so we may see some...
The QQQ had a small bounce today after yesterday's weakness and SPY made another high after a quick morning sell off. UPST from the watchlist had a nice 2nd day move and TSLA broke the flag setting...
The QQQ and growth names were the weak link today, while the other indices were relatively strong. Steels, banks, housing, and industrial names all showed relative strength and the biggest gainers...
