Recap of last week
Stellar week last week. We took four trades, with two of them being big winners, one trade closed at breakeven, and one loser.
Recall last weekend, when Trump tweeted out 30% tariffs on EU and the market gapped down half a percent during Sunday night. Literally one minute after the futures open we called bullshit, and went long 6268 when everyone was freaking out and panic selling. We of course finished the week at all time highs pretty much.
In the middle of the week, we tried another ES trade for unchanged, and a flyer on WFC which missed.
We finished off the week with a massive winner on HOOD, as the stock went up 7% in one day right after we bought calls on it.
Now OPEX has officially came and went, we will probably see some more volume return and some welcomed volatility. I think consensus right now is the market is ripe for a correction a la July 2024. I think that is wrong. I do think we will see some weakness however, but its going to be another buy the dip moment.
Next move for markets
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