2 likes shame lol.
One of the few sectors that havent pumped and calls are still fairly cheap for dated plays.
Going long financials is the way ! $xlf$bac
$bac
Earnings not for over a month, watching for this to close above vs enter into the cloud and its time for calls.
Calls aiming for previous highs and about 5% above otm. Dated for end of Summer/Sept.
Most financials are in macro ranges.
$SPX 1w
This dip wont last long, the question is more so is if its gonna be a small dip and run up or a large dip and run up.
Either way im not interested in short term put swings but rather end of year calls.
$BTC 1 month - Macro wise id say this is where youd want it to start consolidating before another run.
Worst case id say 40k but id be really surprised if we hit 20k.
$AMC I dont trade this name but i see the weekly cloud coming up which is a major point for AMC especially considering we havent broken the cloud in 5 years lol
I know alot of you play this so id watch for a squeeze here.
$SOX Personally i wouldnt be touching semis now with a 10ft pole. IMO this pulls back from here, maybe some pushes up but i dont think will be sustainable for long.
Me & marty gave you the Semi alpha weeks ago on stream.
Time to find the next sector today on stream! I will make sure you eat good in June. Im thinking with financials this time.
$SOX / $SOXL
Between $SOL & $ETH , id say eth looks better but they both dont look good for longs unless we close just a little higher.
ETH to me looks like it the time I should look for a options swing to 1 700.