$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ BTC.XBitcoin holding the 80k level makes me far less concerned about a continued dump in risk assets to start the week. I think we see a rebound this week from the recent tech rout. With earnings season starting to kick off, it should present a good entry for many names that were beaten down recently.
$Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ $Roku Inc(ROKU)$ Looking at the monthly chart, the last 8 candles have been 8 weeks of $4 movement. The last 2 weeks show 20 cent movement. It's in a penny wedge. If you want to know what algo THETA actually looks like, I can't provide a better example. But it's about to break out.
I have an overseas visitor staying with us this week, so we've been going out for sightseeing in the day. Just got back home for a lunch break and will be heading out again soon. The Nasdaq future almost made it to my buy target for today, but stopped about 70 points short. Overall, it's still within my expected trading range for the 3Q ER season. NQ_F $Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ BTC.X $iShares Silver Trust(SLV)$
$T-Mobile US(TMUS)$ When CPI prints run hot and rate fears flare, capital looks for shelter. That's why T-Mobile works as an institutional safety trade heading into its Oct 28 earnings. The revenue base is inelastic. High inflation pushes consumers to cut discretionary spending, but almost nobody cancels their cell phone. More than 100M postpaid subscribers generate recurring monthly payments with sub-1% churn. It functions like an essential utility. Cash generation is another layer. While speculative tech gets hit by multiple compression when rates stay high, T-Mobile generates roughly $16B in annual free cash flow. Top-line revenue turns into hard liquidity, insulated from macro credit squeezes. Capital return is active too. With a strong c