Let me let you know about my good pal Don Kaufman over at TheoTrade – the choice maestro who’s been nailing these market strikes when everybody else is asleep on the wheel! With inflation cooling quicker than my ice cream on a summer season buying and selling day, Don’s recognizing the stealth strikes good cash’s making proper now whereas the VIX sleeps! You merely can’t afford to overlook what he’s saying about these gamma squeezes which are launching shares like META and NVIDIA into the stratosphere!
Don’t Consider This Calm – It’s All Squeezes and Teases
by Don Kaufman
This market feels calm… and that ought to scare you.
If you happen to’ve been with us for some time, {that a} quiet tape like this typically units the stage for outsized strikes, like Monday’s upside explosion.
Now, we’re sitting effectively exterior the anticipated transfer within the SPX. Likelihood suggests we’re due for a pullback – not a collapse, however extra like a gravity-check again towards 5800.
There’s extra occurring and we’ll dive into massive index names, too. I’ll present you ways retail circulation triggered gamma squeezes in regular suspects like Meta (META) and Nvidia (NVDA), and the way I’ve been utilizing my catapult technique in Alphabet (GOOGL).