This One Takes Some Balls
Volume 142 - The Week Ahead
While most tried to fade above 6k, I stayed long and strong, and that alone has taken my YTD to +40%.
If you missed the last update, read it here:
But now we’re at 6200… and something’s shifted.
I won't sugar-coat it. What I'm seeing has fundamentally changed how I'm thinking about what comes next.
And while the crowd kept trying to top tick, I dropped this on Friday:
A ten-bagger on a Friday is always going to leave me entering the weekend with a smile on my face.
That wasn’t the only index trade I put on last week. I picked up some 8/15 QQQ 540 calls at 12.8, LTP 21.35, and I also got long ES at 6141, which I am still holding.
But what I am seeing now is making me think harder about what’s coming next, and, I don’t think most are ready for it.