OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

@everyone first day of school for some of my kids so I'll miss the opening bell.
MU opening in the money. Anything above 46.09 could see a push in the 47s.
SHOP that was riding the bullflag all day is now on the breakout.
DKNG watch 40.75 for support after M Jordan is now a special advisory.
TSLA was looking sharp on the swing until someone decided to reduce his stake...
Keep an eye on the following for more upside.
LULU
COST
Also follow the crazy push on NVDA.
Small baby steps. Remember.

@everyone Markets are all up pretty nicely today in the AM.

CHWY - Up at 72, it's making a nice breakout before ER - it's too bad I don't have 9/18 anymore, and only have next year leaps

AMD - Up above 93, the gap-up was spot on, yesterdays accumulation led to an ascending triangle resulting in this break-out

Not much to say in general here, everything just looks super green right now - that said that does make me a little wary. Pretty much everything from my weekend report is hitting PT levels - mostly because the market is just so green. When the market makes everyone look like a genius that's usually when we need to start asking what's going on? That said, continue raking it in while the going is good - just be mindful of position sizing.

TSLA - might be interesting for a pickup today, TSLA follows a pattern pretty consistently lately.
 
Daily spy play

@everyone SPY with a nice gap up that has already filled pre-market. It's difficult to determine levels when in uncharted waters but I've put together some ideas based on a number of indicators and factors. It's also Wednesday and Wednesdays are known to be choppy. Many traders decide to just take Weds. off because it can be a theta killer for most of the market. Keep that in mind and remember, cash is always an option. SPY PLAN: SPY looks VERY bullish to me if we can get over and hold 354.88. I would take 357c 0dte as a scalp with a confirmed break of that level with targets at 355.65 and 356.53. Below 354.43 I would take 352p 0dte as a scalp. I could see us pulling back to 353.6 at least, with the potential to test 352.8. But today I'd be looking for more bounce and breakout plays for the upside, than I would be looking for puts. Trade smart, have a plan, crush some scalps and show Weds. who's boss! scalps
https://www.tradingview.com/x/yw3NHavk/
Screenshot_20200902-062332_Chrome.jpg
 
needs PINS and NKLA to pop
It's up $3 from the buy point and will be over 40 soon. Pop is already here papi.

Don't ever be swayed away from a high $$$ stock just because you think it's expensive, or you can only buy one share. NVDA is up $80 in a few days from when I bought in. I have 3 shares, not a lot, but I've gotten a great return thus far. Higher priced stocks move farther and faster than a $5 stock.
 
It's up $3 from the buy point and will be over 40 soon. Pop is already here papi.

Don't ever be swayed away from a high $$$ stock just because you think it's expensive, or you can only buy one share. NVDA is up $80 in a few days from when I bought in. I have 3 shares, not a lot, but I've gotten a great return thus far. Higher priced stocks move farther and faster than a $5 stock.
this is it. a stock is a certain price for a reason dont shy away from buying stocks over $100
 
Help me understand what PINS does to generate revenue? I only know them for the website.

I come in ignorance.
 
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