Last week I said everyone was bearish into FOMC. Now the Nasdaq- $Invesco QQQ(QQQ)$ is back near all time highs. QQQ is setting up for a run to 800 this year. If you missed the move from 700 to 748.. Please don't miss the one to 800. $S&P 500(.SPX)$ also on the verge of a breakout to 8000 as well..
The next FOMC is 5 weeks away. CPI is in 3 weeks. There are risk events over the next month but the runway looks pretty clear for now.
$Micron Technology(MU)$ to 1250, $SanDisk Corp.(SNDK)$ to 2300, $Advanced Micro Devices(AMD)$ to 700, $ARM Holdings(ARM)$ to 400 $Strategy(MSTR)$ to 200 in play. META winding up for a push to 800+ as well.
When everyone is bearish, bet the other way. That's the game. Good luck tmrw everyone! 🫡
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