$SPDR S&P 500 ETF Trust(SPY)$ What would need to happen for a 10% move in a single day, in either direction? And does 0DTE activity prevent that kind of move from occurring?
$SPDR S&P 500 ETF Trust(SPY)$ How can you look at a stadium full of 100,000 people paying an average of $11,000 per ticket and think some conflict is going to derail the economy or the market? The world moves forward. $Invesco QQQ(QQQ)$ Semiconductors look cheap, tech looks cheap. The people with the capital to move markets are doing just fine. That's the reality.
Looking at some of the Dow stocks, like $Caterpillar(CAT)$ , this one could be due for an explosive move. With the current situation around the war and overvalued tech, it wouldn't surprise me if CVX doubles from here quickly on a rotation. CVX getting into AI energy is also a great development. I think $SPDR S&P 500 ETF Trust(SPY)$ could fall while oil goes up. That peace deal from a while back seems to be off the table now.
$Infleqtion(INFQ)$ This looks like a generational buying opportunity, similar to the $Palantir Technologies Inc.(PLTR)$ run but on the quantum side. The pattern feels the same: White House appearances, being critical for defense infrastructure, and an AI arms race, but in this case, it's the quantum version, with Infleqtion taking the lead against China. It's not $IONQ Inc.(IONQ)$ , primarily because they are focused on M&A while Infleqtion's technology is developed in-house. This is the first quantum firm in space and the first to apply a material science breakthrough in quantum alongside NVDA. It's also the only quantum firm with 100% fully
$Invesco QQQ(QQQ)$ $Jack In The Box(JACK)$ up 6% while down over $12... It's interesting to think about whether the next GME-like situation could happen during a broader market pullback. The short sellers on this one might be feeling a bit of pressure.
The chances of a rate hike in July have dropped sharply, from 31% down to 10%, following this week's CPI and PPI data coming in below expectations. $SPDR S&P 500 ETF Trust(SPY)$
$SPDR S&P 500 ETF Trust(SPY)$ Things still look solid on the 4-hour chart, even with all the bearish chatter out there. It seems like it might just be a quick retest of the downtrend line, and then we could see a potential move up.