My larger context remains the same. Broad trading range. Moves both up and down, with some momentum. Many months of that is very likely. The year 2025 is unlikely to look like 2023 and 2024. Adjust trading strategies accordingly. Don’t overstay looking for big trends. Excessive overbought or excessive oversold can be faded, and that is hard to do in real time, though it will often appear brilliant a month later. 

Let me shar my "Eureka Moment" as a trader: The single most important lesson I learned... and why this catapulted me to success as a trader. (I've never revealed this anywhere before.) click here:

In the short term my view is for continued strength this week. Though I expect it to be rotational. The Magnificent 7 may well take a seat on the sidelines. Though the semiconductor stocks look to be in the middle of a multi month range, they are acting that at a minimum they want to test the top of that range again. I went long the semiconductor index (SMH) on Friday (chart). Another stock that had a great day Friday was PAYPAL. I was a week early on long PYPL, but I think another trip north of $80 is due. My two other long recs from last week were Boeing and Upstart. Boeing did great up $8 but Upstart had a spectacular week up over 25% on the stock.

Thanks,

Joe