TSM Trump said take back the business from TSM and it slightly dipped then it randomly gets a $5 candle near EOD on 2/14. Why? This market is goofy. META pairing with ARM and it gets a $10 candle; next day NVDA says it’s cutting back on ARM and it drops $8. Lmfao. Straight headline market..
META way more puts in than calls because most people are anticipating a pullback, which is what normal, healthy stocks do. And the MMers know this, so they are pushing it higher to drain the puts!!
The level of psychological support every time it’s goes up, is unreal and unmatched!! You can’t buy resistance!! Every time it goes down just a smidget it shoots back up, have to laugh at this point.