Michael

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Michael

Michael

@XMCapitalGroup

Equities and Options trader since 2007. Long-term bull, short-term trend follower.

Miami, FL Katılım Aralık 2012
562 Takip Edilen861 Takipçiler
Michael
Michael@XMCapitalGroup·
$SPX $QQQ have rallied too far, too fast as market ignored geopolitical risk in favor of AI capex in recent weeks. If bombs start flying again, it's likely we need a significant pullback to account for the poor risk/reward from current levels.
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Michael
Michael@XMCapitalGroup·
$SPX $QQQ fresh all-time highs as $GOOG $AAPL $AMZN lead. April was one of the most powerful months in the history of $SPX, so that's likely to carry forward into the summer as we approach $SPX 7500, then onto 8k
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Michael
Michael@XMCapitalGroup·
$AAPL easy dip buy. Above 280-285 during conf call could get things going. Expecting 300-320 in May/Jun to catch up to $SPX $QQQ. A bit of Siri AI magic could take us to 350+ this year.
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Michael
Michael@XMCapitalGroup·
$SPX $QQQ April, one for the record books. Amazing strength $GOOG $GEV $CAT $SMH $AVGO $AMD $GS $MS. Got some $AAPL May 15 call spreads for earnings, needs to catch up to all-time highs.
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Michael
Michael@XMCapitalGroup·
$QQQ 700 coming into view in May. Higher highs, higher lows as we aim for 700 going into $NVDA $AVGO earnings. Added some $AAPL call spreads for earnings as it could easily run to 300+ just based on $SPX $QQQ strength
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Michael
Michael@XMCapitalGroup·
$SPX $QQQ new all-time highs after easy morning dip buy. ES has built a nice series of higher highs, higher lows all throughout. $GOOG +10% absolute monster strength, +40% in April alone. $AMZN $MSFT dip buys working.
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Michael
Michael@XMCapitalGroup·
Powerful breakout rallies in $QQQ $SMH this month. This usually leads to several months of outperformance. Rallies have been faster than dips all year, a good setup for more upside. Could be a $SPX +25%, $QQQ +40% year as $NVDA $AMZN $GOOG $AVGO $AMD lead.
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Michael
Michael@XMCapitalGroup·
$SPX $QQQ all-time highs as $AMZN $NVDA $GOOG $META $NFLX break out. Stocks have rallied massively in April, more than recouping the March dip. These breadth thrusts usually set up multi-month rallies as everyone who sold in March needs to get back in.
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Michael
Michael@XMCapitalGroup·
$NFLX powerful breakout rally. Could easily get back to 110-120 as it's the best pure play on streaming and has virtually no exposure to AI competition, tariffs, geopolitics, etc.
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Michael
Michael@XMCapitalGroup·
$XYZ confirmed the market's fear about software and job losses due to AI. Dragging down $IGV $MSFT $SPY $QQQ. ES below 6875 creates new caution flag after yday's failed breakout.
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Michael
Michael@XMCapitalGroup·
$NFLX absolute perfection. Walked away from deal that shareholders never really liked to begin with. Back to being a pure play and leader in streaming, which deserves a higher multiple. Should easily go back to 100-120 despite weakness in $SPY $QQQ
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Michael
Michael@XMCapitalGroup·
$MSFT $IGV $CRM remain the weak links. 2-day bounce got sold right away, could see that yday morning when $MSFT hit 421, lower high resistance and faded to 413. Back to testing 400 again. Risk/reward remains very unfavorable in software. Even $GOOG starting to roll over.
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Michael
Michael@XMCapitalGroup·
$SPX $DIA $GOOG $SNDK $MU $MS $GS $JPM all-time highs. Watching for $TSLA 500+ on possibly imminent robotaxi announcement.
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CtheLightTrading
CtheLightTrading@canuck2usa·
$GOOGL more ATHs me love it long time
CtheLightTrading tweet media
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Michael
Michael@XMCapitalGroup·
ES 6951 easy morning dip buy to new all-time highs. Opens the door to ES 7k today or tmrw. When Nikkei and DAX are at all-time highs, it's a great signal of global demand. $SPX 7k in Jan is the most likely scenario, strong demand to own banks and semis.
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Michael
Michael@XMCapitalGroup·
ES 6951 support got bought on continued rotation into financials and out of tech. $GS $MS $JPM all-time highs vs $AAPL $GOOG 5-8% off last month's highs.
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Michael
Michael@XMCapitalGroup·
$GS +4%, all-time highs as we gear up for 1k in Jan, possibly 1200-1400 this year. $GS $MS remain undervalued given several important tailwinds - strong profit growth, M&A and IPO wave, low multiple, deregulation, lower rates.
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Michael
Michael@XMCapitalGroup·
Powerful bank rally developing $GS +3.5% $MS +2% all-time highs vs dips in $MSFT $AMZN $META. ES reclaims 6890, Wed's low. Needs to get back above 6935 to confirm strength.
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Michael
Michael@XMCapitalGroup·
ES 6950 lower high resistance got sold, then lost 6935 (Mon/Tue support). Small caution flag as we're approaching last wk's lows, 6912. Needs to hold 6900 or we get a larger pullback to start the new year. $SPX $QQQ are certainly a bit extended and vulnerable to surprises.
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Michael
Michael@XMCapitalGroup·
ES working on 6960 reclaim after 6940 support made a higher low. Impressive given the weakness in some of this year's best performers $NVDA $GS $C (maybe just year-end profit-taking). $QQQ held 619, higher low.
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