Maddyguy
00:15

Great article, would you like to share it?

@Aaronykc：
$Tesla Motors(TSLA)$ tsla was the only mag 7 stock to finish the day green last Friday, that shows relative strength. The Spx has been grinding sideways for the past few weeks but the QQQ made a lower low and a lower high. The mag7 etf MAGS has broken down from a distribution pattern. The mag7 holds the highest weight in the Spx index, so them showing weakness is not a good sign. February is the second weakest month of the year, I believe the market will continue sideways, so I will continue to sell covered calls on tsla stock until the end of February.
$Tesla Motors(TSLA)$ tsla was the only mag 7 stock to finish the day green last Friday, that shows relative strength. The Spx has been grinding sideways for the past few weeks but the QQQ made a lower low and a lower high. The mag7 etf MAGS has broken down from a distribution pattern. The mag7 holds the highest weight in the Spx index, so them showing weakness is not a good sign. February is the second weakest month of the year, I believe the market will continue sideways, so I will continue to sell covered calls on tsla stock until the end of February.

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