05/25/2023 Live Update

[Al_Dente]

Sideways market is hard for traders, when people lost money they blame on something else other than themselves. blame it on the Fed, the government, Michael Jackson, the dog, the cat, on an on ..........I am going fishing, see you next week.

Have fun fishing Boss

[JFR]

Alternative markets.

Is there a safe haven out there? Ha ha. Times are complicated.

Look to REITs, earnings beats, dividend plays, individual stocks, inverse ETFs, and be quick on the trigger. Buy and hold forever? Not so much.

Falling: DBC GLD IYR SPYV TLT USO

Rising: SPYG UUP

[JFR]

Sectors today.

Go Tech, young man.

[Al_Dente]

(Black dots): The same-day options people bought calls and/or sold puts all morning.
Shortly after 11:00 ET, they reversed to selling calls and/or buying puts
5min

[Cobra]

Members only update at 12:00 pm
http://www.cobrasmarketview.com/2023/05 ... ay-update/

[JFR]

Currencies.

There are plays available on ES today. But I am done for the day.

I find fishing boring, although ironically every time I have gone, I caught one. Maybe a bike ride, or a walk on the beach.

Have a good day, Everyone.

[Al_Dente]

Earnings: Thursday, May 25 - Best Buy (BBY, missed earnings), Dollar Tree (DLTR, big gap down), Ralph Lauren (RL, beat earnings), Autodesk (ADSK, after the close), and Costco (COST, after the close).

Earnings: Friday, May 26 - Big Lots (BIG, before the open).

[Cobra]

Down up, down up, so far it's just a typical range day.

[Cobra]

Members only update at 3:38 pm
http://www.cobrasmarketview.com/2023/05 ... ay-update/

[Trades w 2 Cats]

Seems like az really extended 5th wav e to make A equal C is kinda sketchy. Unless a second NVIDIA reports or they announce a deal on debt ceiling.

[Cobra]

Members only update at 3:53 pm
http://www.cobrasmarketview.com/2023/05 ... ay-update/

[Cobra]

Well, guess that's it for today, here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449397