Kalpi Desai

@thesilverhermit Why would it flow to the commodity market instead of the stock market?

People are beginning to realize that the stock market was in a bubble. What they haven't realized yet is that this time the Fed can't come to the rescue, because now we have inflation. If the Fed cuts rates and restarts QE, most of that new money will flow to the commodity market, instead of the stock market. It's not going to help stock investors, and it's just going to make everything so much worse. People are about to discover how bad fiat currency really is, on a global scale.

@PeterLBrandt We are there! Nice call. Any insight into what happens from here?

S&Ps now in established downtrend. The 2X target of 5170 is a very appropriate 18% correction from the high

@AnnaEconomist Do you have any insight into what their target is? Also in your opinion is it worth wiping away trillions of dollars from the stock market? Seems like that will have an impact to spending & the economy.

Bessent got his wish.

@Mr_Derivatives Wouldn't the VIX barely been green mean that we are becoming complacent to drops?

Good news and bad news. Let's start with the bad news. The market tanked again today. Here's the good news. The $VIX was barely green at +2.5%. When it really should be +10% or more. At least the feeling of it should have been. Bonus good news: $VIX Crush Fridays ™️ is soooo due. SO DUE.

@Banana3Stocks I think you're totally right and the market has tried to recover but trump tariffs announcements kept pushing it back down. Dont you think Bessent is sending us a warning by saying there will be a detox period? This is what is preventing me from thinking we have found a bottom.

$SPY SPY - 4hr chart analysis 💛 My target for this chart is 🎯$590 Notice how key these two moving averages are once again 🍌 The Banana325SMA 🍌 The844 You can see that the Banana325SMA acted as support several times on the left side of the chart. Then when price broke down and thru it, it then rallied back up to the B325 and what was once support had turned to resistance - technical analysis 101 🧐 Once it became resistance it broke down more… then again it rallied up to the B325 (telling us that’s an important point of interest) and then once again broke down from the resistance of the B325 and proceeded to make a lower low 🤔 So price continued lower and then reacted strong to “The844” It put a tweezer candle stick at The844 which should have acted as a bottom support, but repeated Trump Tariff news hammered it back thru that bullish setup and then price broke and undercut “The844” very slightly and it has formed two double bottoms just below The844 🍑 🍑 Alllll of that activity around The844 tells me it’s gonna bottom in and around it and that Bullish Tweezer Candlestick pattern along with the double bottom just below it and all of it consolidating around The844 tells me we make a stand at this level and go back to the original scene of the crime where it all broke down from… The Banana325SMA 🤗🍌🍌🍌 MACD is rounding out and just had a bullish cross on the late day reversal in SPY. RSI is rounding out a bottom as well from an extreme low where bounces and rallies can occur, it has also started a small uptrend off that structure Not financial advice! Much love 💛🍌🍌🍌

@EliteOptions2 Yikes, comparing it to 2022 doesnt feel good... it didn't bottom until Oct of that year!

A lot of newer traders are getting a taste of what it was like in 2022. We've seen multiple gap up days in a row this week followed by sharp sell offs. Many stocks that lead a move higher after the election are giving it all back. Fortunately, when this market bottoms which will be SOON, it will present many opportunities for smaller accounts to grow to 5 and 6 figure account sizes. You need to be smart and protect your capital as the market continues to find a bottom. Even the most savvy traders can get hurt in this current environment.

@Banana3Stocks @elonmusk @realDonaldTrump He has to know the correlation. He must be doing it on purpose. I don't know why.

$SPY $QQQ @elonmusk @realDonaldTrump We get ur doing Tariffs… Just stop saying or talking about for 2 days straight so the market can get thru a resistance or you’re gonna create ur own top and shoot urself in the foot I’m not saying not to do them cause I know ur gonna do them, just shut up about it for 2 days Signed the, Nasdaq S&P

@Banana3Stocks Banana, are you thinking that markets will crash hard next week as a result?

$SPY $QQQ Not smart 🤦‍♂️ Not financial advice!

@EliteOptions2 Wow, this seems spot on! Curious if you'll share your thought process & insights behind this prediction? Would appreciate it!

I told you. 📈

@EliteOptions2 If markets are pricing in 50bp and fed only cuts by 25bp, do you think that the markets will still go up?

I expect to see a BIG rotation back into Chip stocks over the next 3 weeks. With interest rate cuts incoming, this is bullish for risk assets. If you want to TRIPLE up your account, this is the trade you want to wait for this week 👇📈 Trigger: $LRCX above 771 ✅ Trade idea: LRCX Oct 4 850C Target 1: 800 Target 2: 850 🎯 $LRCX tested a major support at 721 one time in August and September and formed a double bottom. IF LRCX can hold a higher low above 759 and breakout above 771 after FOMC, we can see a run to 846-872 in the next few weeks. Calls can work above 771 this week.

@AdamMancini4 @CeCeTrading So hard to think that way - thanks for responding!

@KalpiDesai @CeCeTrading Not rare at all - we just rallied 500 points. Traders need to stop thinking every pullback is the end of the world...this is what markets do. They rally, they pullback. Sometimes they pullback for weeks or months. Its only been 4 red days after a month of upside!

What we are seeing in #ES_F is what I call "knife catch mode". It occurs when ES loses a significant, previously defended level (5492 in this case, as warned in newsletter). In knife catch mode, supports fail and we bottom only when a major res recovers (5474). 5414, 5404 below

@AdamMancini4 @CeCeTrading Why do you think it's a regular / healthy pullback when we just had one in July/Aug? That seems rare

@CeCeTrading We are just in a regular pullback - healthy and normal. It could go deeper still and we could quite easily see 5378 or even 5220. I'd be more concerned below 5220 as we would have lost some major uptrend support

@PeterLBrandt Would this mean that you expect the right shoulder to form a bit more (ie go up a bit) or is this a race to the downward target now?

A chart for future text books on technical analysis will be gap down today in Nasdaq futures $NQ_F $MNQ_F completed small H&S top with brief RS. Abbreviated RS is confirmation that downside target is probably a lay-up

@billcantour @PeterLBrandt Abbreviated Right shoulder

@PeterLBrandt what is Abbreviated RS?

@TwinsightPro Es chart

@EliteOptions2 How do you identify key levels? What price, target, option expiration date?

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1/6) India is on fire. 7 people will die/min unless we set up hospital beds+oxygen. Sending concentrators is not sufficient. Hospital beds need that and more! So, #PoojaMalik, #NeerajGarg and I decided to set up onemorebreath.org. I will donate $20/re-tweet upto $100K

Why has the immigration priority date movement for brothers and sisters (F4) slowed down significantly? #AskTheWhiteHouse