This Has To Drop First Before A Market Pullback Can Happen! Plus Microsoft Did The Impossible!

MSFT, Apple, NVDA, AMD and Amazon Rallied the market again, but this has to drop before a nice pullback can happen.
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[donaldwatson]

Despite the fact that I invest, I am saddened by my inability to evaluate each company's performance and determine whether or not this is the ideal time to purchase stocks. My monetary stockpile is being depleted by inflation. At this stage, I need accurate market trajectory data, but I'm not sure what to do.

[GregOryRetired]

Thanks Mike. Excellent info. My guess we have the same move down on Monday

[bdek]

7 companies encompass 97% of total SP 500 return. This is an absolute casino

[Gjonesy]

National Lampoon's Vacation - "This is Crazy, This is Crazy, This is Crazy" - HD
-YouTube (lol)

[daverauser]

Ty Mike. With TSLA, I'm just DCA at these levels. Could go lower, but eventually it will turn

[robertcravensr]

Isn't AAII considered a contrarian indicator?

[arthurschuler]

Thank you very much from the Netherlands!

[ericmcmfd]

Its funny, Bullish sediment more then doubles in days....and you dont think it due for a large fall....

[craftyplayer]

Mike appreciate u...keep on keeping on

[nothingbutcalmingandrelaxi]

I bought the TQQQ at the end of the day yesterday near day lows and today was a great ride up. Feels good to be on the right side of a trade using my own charting and instinct. I got to say too that I stole your idea of turning red lines green and green lines red as support and resistance change.

[RhodesBaseball]

Posted in the discord a rally day was in store. Killed it on nq futures and spx options . Enjoy your channel!

[AwtaMadik]

Very interesting VIX didn't take out previous day low....

[dalebridle]

Only been watching a few weeks, like the updates and the range of data. Thanks 🇦🇺😊

[seichho]

Bought a batch of SPY 435 calls on/around Thursday lows.. Sold on Friday lows... DoH!!!

[davidzemke]

MSFT had a squeeze on the weekly time frame, ❤ (the Keltner channel inside the BB) and it has just released. Glad it fired up.

[econogate]

I got caught off guard was not expecting a bull run til at least the 10th of Nov. off by about a week.

[markf]

4400 was the signal for the algorithms to buy hard

[MooseMeus]

I have spy going to 425 on Fri Nov 17
4hr is trending down, we came right back up to the moving average and I think we will have a clear rejection next week.

[marclavergne]

Hi Mike
I work in a manufacturing food facility in Canada and things have come to a complete slow down in the last month. It definitely feels like we are currently in a resetion in Canada right now

[tjukkv]

What about the Moody's downgrade?