NQ Update

Mar 5, 2021

Faded the gap on AAPL for beer money, but didn't stay for the tank, lol. Oh well.

The play of the day would have been TSLA put son open,. Wow, Too late to chase it.

In any case, we got the double bottom I promised. yields are actually going down, so I think the market bounces in the afternoon. Overlay shows that it could gap down Monday anyways, so staying out.

Quite the whipsaw, 1% gap up, down 1%

Mar 5, 2021

Note

I was bearish for today, but not THAT bearish, lol.

Looking at AMZN chart, could go lower today then up in the afternoon. More than likely a gap down Monday

Mar 5, 2021

Note

401k selloff, Fidelity is locked up

Mar 5, 2021

Note

I expect a bounce in the afternoon, but more than likely another selloff Monday morning because orders entered into funds don't process until EOD. More fund selling Monday, then probably a bounce Tuesday.

Too late to chase the drop now, have to go long Monday for the bounce I guess

Mar 5, 2021

Note

LOL, I had noticed that the options balance point for TSLA is $600 for today, I guess I should have bought calls.

Nice whipsaw day, could be a double bottom or possibly a wave 4. Monday will tell. No point in doing anything this afternoon, probably more whipsaw.

Watch TSLA, I bet it goes above $600 then comes down. The market probably mvoes in the same direction