BTC / QQQ - Stocks Up - Bitcoin Not - Sell low and buy High
Bitcoin is simply stuck in no-man's land between 57-62k. 62k was rejected by buyers and 57k was rejected by sellers. Not much to do here but wait for a setup for a trade. In the mean time I am simply looking as to where I will add more BITO which is my instrument for the Bitcoin trade.
QQQ:
Another week of profitability after a loss week. Hey it's part of the game.
Not too interested in longs right now, we will see if I change my mind Monday, but we are pushing the 480 resistance level that we have had on there since last week.
Still have our META, OLED and BROS trades going, but these are more position trade like. In the near term I am looking for a bearish reversal. I am not in BEAR camp overall as there are too many "the sky is falling" amateurs screaming. However may need a minor pullback to get rid of the dotes that just jumped back in.
Yes the dotes that sold their shit at the low and are now buying into resistance because they didn't have the balls to jump in as we did. The Sell low, buy High, panic dotes and Furus.
Anyways, will tally up the gains this weekend for the record and take a look at some stocks of interest including one really really really beaten up one, Rivian.
Seeing their vehicles more and more, I know a couple people that own them and they love them. I think this is the beginning of the end of the Big 3 plus some.
No I do not have an EV, I like diesel trucks and Harley Davidson. But I do like money, and I can put my politics and philosophy a side when it comes to making money.
You all have a wonderful weekend, will provide an update likely Sunday, and stay safe out there!!!
QQQ:
Another week of profitability after a loss week. Hey it's part of the game.
Not too interested in longs right now, we will see if I change my mind Monday, but we are pushing the 480 resistance level that we have had on there since last week.
Still have our META, OLED and BROS trades going, but these are more position trade like. In the near term I am looking for a bearish reversal. I am not in BEAR camp overall as there are too many "the sky is falling" amateurs screaming. However may need a minor pullback to get rid of the dotes that just jumped back in.
Yes the dotes that sold their shit at the low and are now buying into resistance because they didn't have the balls to jump in as we did. The Sell low, buy High, panic dotes and Furus.
Anyways, will tally up the gains this weekend for the record and take a look at some stocks of interest including one really really really beaten up one, Rivian.
Seeing their vehicles more and more, I know a couple people that own them and they love them. I think this is the beginning of the end of the Big 3 plus some.
No I do not have an EV, I like diesel trucks and Harley Davidson. But I do like money, and I can put my politics and philosophy a side when it comes to making money.
You all have a wonderful weekend, will provide an update likely Sunday, and stay safe out there!!!
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