The Fear / Greed Index is getting super low. Won't stay in single digits for long. Key supports on the major indices should hold for a nice bounce at these F/G levels: https://money.cnn.com/data/fear-and-greed/
Love NVDA. If not for the very rich options premiums, I would trade it more often. NVDA is trading gold. One of the few stocks that can give you huge returns in a short period of time.
The SP500 (SPY) that drops every day for a WHOLE WEEK is pulled down only less than 9% for the WHOLE WEEK, but NVDA is up 19% in a single day! Some of the tech got strong momentum because a huge future perspective and they would definitely bounce back stronger than most stocks. The shakes down would suppress most stocks down, but it offers an opportunity to buy solid stocks at a discount and those really have huge future potentials would definitely bounce back in an accelerating rate, this has been proved over and over again in stock history. The shakedown provided an opportunity to differentiate the strong from the weak.
%% QQQ is still above 200dma. I considered partial profits on TZA, but up over 43%in one week=time is not the bears friend even in a bear market. BUT if they keep gapping + grinding down, good daytrades if one like that sometimes + I do. QQQ still looks long + strong see, what the close is Monday/200dma...………………………………………………………………………………………….CNBC predicted a bird flu pandemic years ago it never happened but wash your hands + don't let a bird or any sneeze spray you LOL-LOL.
Well, am keeping hedges on stocks, and short futures/hedges on futures were terminated soon after, taken 10% of position off in short Index futures, everything is happy. Signal comes in to reverse Short Index futures at approx. 1650.00. I lost track of how many times of hedging stocks and taking long term short index futures/hedged in nearly past 3? years. Have not sold any dividend paying stocks. I have no opinions, just keep trading signals.