8 min

9/1/21 - Flat day to start September Let's Trade

    • Investering

SPY and the QQQ finish in the green today, but only barely, to start September which as we mentioned this morning is historically the most underwhelming month of them all. All it will take is one or two FUD catalysts to start a slide, we will see if that happens, although there is nothing in the foreseeable future that could cause that.

Both trades stopped me out today on SAVA and SKLZ, looked like nice entries but that is the way it goes sometimes. This is why as traders we take protective stop losses so we can live to fight another day.

Bitcoin, Ethereum and the crypto market have a huge lunch time rally, will be interesting to see if the momentum can continue up as there is a good amount of tradeable void to the upside for these cryptos still.

SPY and the QQQ finish in the green today, but only barely, to start September which as we mentioned this morning is historically the most underwhelming month of them all. All it will take is one or two FUD catalysts to start a slide, we will see if that happens, although there is nothing in the foreseeable future that could cause that.

Both trades stopped me out today on SAVA and SKLZ, looked like nice entries but that is the way it goes sometimes. This is why as traders we take protective stop losses so we can live to fight another day.

Bitcoin, Ethereum and the crypto market have a huge lunch time rally, will be interesting to see if the momentum can continue up as there is a good amount of tradeable void to the upside for these cryptos still.

8 min