Hopefully you watch my weekend videos which provide the most detailed analysis. Last weekend I made the case that a local low was in last week and new highs were on the table. I thought this week would be strong but probably not sustainable into September. Over all, even with a new high, I am not thinking the broader back and forth range trading is behind us. In fact at some point I still expect to see the tree shaken to the downside again into the fall.

Taget Zone Subscribers got long Zeta Global on Monday. The stock immediately had a substantial 11% move in two days. Earnings were after the close Tuesday on Zeta, and while positive, the results maybe cooked in with the move up prior on Monday and Tuesday.

SpaceX also had earnings after the close Tuesday and initial reaction was to send the stock lower. This sector also looks favorable to me. SpaceX is a buy here if holding the stock. I am long GDX and Zeta for stock positions. Will sell overed calls on these positions into strength. 

Thanks,

Joe

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