Hey there, Gianni Di Poce here.
Another day of profitable trading.
Today I booked a sweet 44% gain on Robinhood when it hit our $95 target. Not bad for the first day of Q3, right?
But here's the thing...
While everyone's freaking out about the NASDAQ struggling and semiconductors wobbling, I'm seeing something completely different. The Dow is leading today. The S&P is making a nice comeback. And yeah, we're still in a bull market.
But time's running out.
Look, I've been calling this the Great Tech Reset for a reason. Technology is literally one day off its all-time high, and I'm not about to change my entire thesis because of one down day. That's not how we do things over here.
But if you've missed this rally so far?
Do NOT chase it at this point.
I need you to take a deep breath because there's going to be a beautiful entry opportunity coming in the next month, maybe six weeks.
The last thing you want to be doing is irresponsibly chasing this move at this phase.
Here's what I'm really watching:
• The one signal that will tell me we're about to top out (and it has nothing to do with the major indices)
• Why the "easy money" dollar short trade is basically done - and what that means for your positions
• The specific type of names I'm waiting to see explode higher before I start getting really defensive
We managed to lock in gains on Coinbase (92% profits), Core Scientific (42%), and today's Robinhood winner.
Microsoft hit new all-time highs yesterday. Apple's finally rewarding us after weeks of patience.
But the bigger opportunities? They're still in semiconductors and tech names that are setting up for the final leg of this move.
Bottom line: We're getting later in this rally where the primary focus needs to be booking profits, raising stop losses, and protecting what you've made.
Watch today's full market breakdown here - I break down exactly what I'm seeing, which names are still moving, and the specific setup I'm tracking that could make or break the next few weeks.
Don't be the person giving your money to someone who watched this.
Talk soon,
Gianni
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Day Trading Nasdaq Futures Class with Tony Rago
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Another day of profitable trading.
Today I booked a sweet 44% gain on Robinhood when it hit our $95 target. Not bad for the first day of Q3, right?
But here's the thing...
While everyone's freaking out about the NASDAQ struggling and semiconductors wobbling, I'm seeing something completely different. The Dow is leading today. The S&P is making a nice comeback. And yeah, we're still in a bull market.
But time's running out.
Look, I've been calling this the Great Tech Reset for a reason. Technology is literally one day off its all-time high, and I'm not about to change my entire thesis because of one down day. That's not how we do things over here.
But if you've missed this rally so far?
Do NOT chase it at this point.
I need you to take a deep breath because there's going to be a beautiful entry opportunity coming in the next month, maybe six weeks.
The last thing you want to be doing is irresponsibly chasing this move at this phase.
Here's what I'm really watching:
• The one signal that will tell me we're about to top out (and it has nothing to do with the major indices)
• Why the "easy money" dollar short trade is basically done - and what that means for your positions
• The specific type of names I'm waiting to see explode higher before I start getting really defensive
We managed to lock in gains on Coinbase (92% profits), Core Scientific (42%), and today's Robinhood winner.
Microsoft hit new all-time highs yesterday. Apple's finally rewarding us after weeks of patience.
But the bigger opportunities? They're still in semiconductors and tech names that are setting up for the final leg of this move.
Bottom line: We're getting later in this rally where the primary focus needs to be booking profits, raising stop losses, and protecting what you've made.
Watch today's full market breakdown here - I break down exactly what I'm seeing, which names are still moving, and the specific setup I'm tracking that could make or break the next few weeks.
Don't be the person giving your money to someone who watched this.
Talk soon,
Gianni
TotalTheo® Unlimited Monthly Streaming:
https://theotrade.com/all/
TheoTRADE 2023 Live Event "A Trader's Paradise"
https://go.theotrade.com/23-2/
Sign up for the Trading VIX Options Course: https://theotrade.com/vol/
The Next Big Short Class (Risk Twist Spread)
https://theotrade.com/twist/
Weekly Options Trading Advantage Class
https://theotrade.com/wo/
Learn the Tetrapod spread in the Secret Weapon to Trading Options on ETF's Class: https://theotrade.com/pod/
Consistent Intraday Strategies and Setups Class
https://theotrade.com/day/
High Probability Trading with In Out Spreads Class:
https://theotrade.com/spread/
Day Trading Nasdaq Futures Class with Tony Rago
https://theotrade.com/nq
Don't have thinkorswim? Open a TD Ameritrade Account and get the thinkorswim platform for free here:
http://www.theotrade.com/tdameritrade
Guide to Getting Short and Collecting Income: https://theotrade.com/getshort/
Join TheoTrade:
https://theotrade.com/total
Get Market Cliff Notes delivered to your inbox each trading day:
https://theotrade.com/cliffnotes
Get more free videos like these delivered to your inbox each trading day:
https://theotrade.com
Get free thinkorswim® tutorials:
https://theotrade.com/theotradetutorials/
Subscribe to our YouTube channel:
https://youtube.com/theotrade
Follow TheoTrade on Twitter:
https://twitter.com/TheoTrade
Become a fan of TheoTrade on Facebook:
https://www.facebook.com/TheoTrade
Follow TheoTrade on Pinterest:
https://pinterest.com/theotrade
- Catégories
- E commerce Divers
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- theotrade, options trading, options trading 101
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