1.
Every pop higher is a gift. It's a gift that shouldn't be taken for granted. This type of environment is not easy. Seeing 300 pt swings each day is NOT a normal trading environment.
Seeing $S&P 500(.SPX)$ premiums at 7 to 9x of fair value is insane. If you size too largely your account is going to get destroyed quickly. SIZE DOWN and try to see the big picture. The market is designed to go up and it WILL over time. The short term we will continue to see extreme volatility until the Tariff situation settles down.
Paytience!!
2.
TRADE PLAN for Lotto Friday ✅
$S&P 500(.SPX)$ Expect more volatility tomorrow. We saw another 250 pt intraday range day. SPX needs through 5354 to test 5400,5460. If SPX breaks 5118 we can see 5000.
Puts can work under 5118
$Tesla Motors(TSLA)$ above 251 will set up for 265-273 again.
TSLA 255C is best above 251
$NVIDIA(NVDA)$ needs back above 108 to set up for a run to 113 next week
NVDA 110C is best as a lotto above 108 tomorrow
3.
These are the 5 stocks I would buy for a long term hold during this current market sell off.
3. $Palantir Technologies Inc.(PLTR)$
I'd Buy these 5 stocks(dollar cost average) over the next 8 weeks...look back in 2 years.
You're welcome.
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