I told everyone last Thursday to expect weakness Thursday and Friday. On Friday morning I said be aware of probability of acceleration to the downside. Was there fore knowledge in the options positioning for what happened Friday? I do NOT  know anything at all for sure. But what I saw and passed on did turn out to be correct.

From here I favor higher. I favor a buy rotation back into the top name stocks. These include Apple, Amazon, Nvidia, Microsoft, Google, Tesla etc. Take a look at this chart of MSFT.

And thanks for all of the great feedback on the format. If you want to invite a friend to get the newsletter, forward it to them and tell them to sign up here.

Thanks,

Joe

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: