Tesla Back From The Dead. Market Movers, More Upside Tomorrow?

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Hey Options Trader,

Today was a strong start that could continue into the rest of the week. The markets reclaimed certain bullish levels and a few individual stocks were up more than 7%+ in a day. If we see green tomorrow, you can expect the market to recover quicker than expected.

Here’s what we are covering:

1. $QQQ ( ▲ 0.73% ) and $VIX ( ▲ 26.17% ) - Key Levels

2. Client Up $34,000 In 1 Day! Get Access To My Mastermind

3. 2 Market Movers

4. Palantir Update - My Position

QQQ and VIX - Key Levels

QQQ reclaimed the long term trend line from August 5th, 2024 lows and is quickly approaching the 200 day moving average (orange line). If we somehow gap up tomorrow and claim the 200ma we should see QQQ sitting between $500 and $510. Today was the first day of bullish confirmation on the MACD indicator.

$VIX ( ▲ 26.17% ) (S&P 500 Fear & Volatility Index) saw another huge down move into the $17’s. I believe the mid $15’s will be reclaimed by end of week or early next week as the bullish momentum picks up steam. Confidence is picking up in the markets and greed is soon to come.

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Our client Chad had a big win today of $5,333 in profits! His portfolio alone was up $34,725 today as he was well positioned in the downturn. Ernie managed to gain +$3,650 through a stock market crash with our help.

2 Market Movers

$TSLA ( ▲ 5.33% ) - Tesla had a major move up as the FBI stepped in to protect Tesla employees and dealerships. They also threatened to criminally prosecute anyone behind the recent attacks. Overall, fundamentals have not changed and the Robotaxi launch will be coming in the next couple months.

$HOOD ( ▲ 1.23% ) - Robinhood seems to be the strongest stock on the board, trading upwards for the past few sessions. I hope you took advantage of those LEAPS I called out, or at least some cash secured puts.

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Palantir Update - My Position Revealed

-Ryan