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Rafael

@Rrodolfo32

| Daily insights into the US stock market | 26. Qh7 Rh7#

Wall Street Katılım Ekim 2021
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Rafael
Rafael@Rrodolfo32·
Here’s my Substack for anyone interested! @rafaelrodolfo?r=4bhe93&utm_medium=ios&utm_source=profile&shareImageVariant=light" target="_blank" rel="nofollow noopener">substack.com/@rafaelrodolfo
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Clint Awana
Clint Awana@clintoptions·
Anyone been watching this one?? $BBBY looks ready for a bigger move up!
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Rafael
Rafael@Rrodolfo32·
$PLUG This name caught my attention today. Strong look on the weekly chart; volume has been dramatically increasing over the past couple of quarters with little movement in price. All eyes on their attempt to secure a contract with an AI hyperscaler, if they're successful, I'd imagine $PLUG would reach $10 in short order. In 20x 1/21/28 3c and 10x 1/21/28 5c as a starter position.
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Rafael@Rrodolfo32·
@mindy57591463 Waiting a bit for entry, my target is 6950-6960 by EOD
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Rafael@Rrodolfo32·
GEX profiles also are supportive of a continued move up; tons of +GEX will act as a cushion to support a "buy the dip" regime.
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Rafael@Rrodolfo32·
I've noticed declining volume on this violent rally, which isn't giving me a ton of confidence that we'll break ATH's without a meaningful pullback. CTA's have been largely sidelined, and they're expected to be buying billions worth of stock over the next couple weeks, adding supportive upside.
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Rafael@Rrodolfo32·
$SPX Thinking that we get one more green day tomorrow. 6960 marks the previous highs, and we have a gigantic call wall positioned 10 points lower at 6950. PPI could be the catalyst that sends us higher; it's about 1% away from spot. If we get there tomorrow, I'll sell my SPX calls and load more puts targeting ~6780 by Friday.
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Rafael@Rrodolfo32·
What situation am I supposed to be monitoring now?? Lmk
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Rafael@Rrodolfo32·
@MichaelPBento Glad someone else caught that. We’ll wait and see if Iran actually does anything about reopening the strait. It’s their only real leverage after all
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Michael Bento
Michael Bento@MichaelPBento·
Wait wait wait wait. So Iran hasn't agreed to anything yet and this 2 week ceasefire is conditional to an immediate reopening of the Strait of Hormuz, which one can assume means toll-free by the use of the word "complete". Ok soooooo this bascially just bought an excuse, because now if they don't reopen the Strait he can send in the ground invasion he was planning anyway but he can spin it as Iran did not agree to the conditions. I don't see why Iran would agree to it, they might, but logically and tactically I would be surprised if they did as it is their only piece of leverage here regarding this war. Let's see how the night progresses. Tomorrow may end up being a gap and trap if Iran doesn't agree to reopen the strait.
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Michael Bento@MichaelPBento

2 week ceasefire.

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