Peak Euphoria

Short and sweet but bulls could be in trouble soon

This will be a short and sweet post this week….

We have now passed opex and I will say my call that ATH’s from earlier in the year would stand were absolutely blown out of the water. Did I fight it? Nope, had a great week riding this surge higher…on what? An Iran ceasefire? All these “reasons” we went up were not because of an Iran deal, it was everyone was on the wrong side of the boat at 6350. When everyone is hedged you can’t go down….or you have an epic collapse but the chances of collapse are slim so always bet on the reverse in these instants.

Missed my target of 200 but I’ll take $161 from $103.

When you see a total misprinting like 7150’s at .30 Thursday at the close the R/R is too good, this was a nice trade on little cost which is what I look to do.

Had a ton of other great trades but you get the point this was a great week of active trading or buy calls Monday on beaten up names like ORCL 0.00%↑ MSFT 0.00%↑ TSLA 0.00%↑ and log back in on Friday to see thousands of percent gainers.

Now what’s next…..

Be on the lookout for me to make a midweek post being that this could set up for a big move either way but I am thinking the bulls could be in trouble…..

That is it till midweek….