This is based on my dowsing and is mainly just for my journaling. I'm getting AMD goes down about 4.7% and possibly a little more after earnings (tonight) and I'm asking for tomorrow's move.
This and GOOGL might move QQQs down a decent amount (2.4%), but I don't think it does anything other than suck in shorts who will be squeezed later in the week - Thurs. or Fri. Personally, I want the market to roll over here, but the readings seem more short term bearish (like tomorrow) and then a short squeeze.
This and GOOGL might move QQQs down a decent amount (2.4%), but I don't think it does anything other than suck in shorts who will be squeezed later in the week - Thurs. or Fri. Personally, I want the market to roll over here, but the readings seem more short term bearish (like tomorrow) and then a short squeeze.
The cool thing though is that you can short it at least for the day after the gap up.