It's all an illusion

It's all

Today stocks did well, very well
$DJI ( ▲ 0.71% )  
$SPY ( ▲ 1.18% )  
$QQQ ( ▲ 1.78% )  
$IWM ( ▲ 0.35% )  

Do you watch Saturday Night Live? I do, and am a big fan
There’s this old skit with Wil Ferrel playing Alex Trebec and Jim Carrie plays Mathew McConaughey, who just shows up on Celebrity Jeopardy. He then goes all goofball talking about how “life is an illusion”
Well the markets can feel that way sometimes
Tariffs
Govt Shutdown
Multiple different wars
AI bubble about to burst
The list goes on and on, and much of the hype is designed to distract us
Market rebounds like today are needed to remind us that there are better days ahead
SPY closed up above 6,800 for the first time ever today
That doesn’t suck

This morning I wrote about $META ( ▲ 1.69% )  
With our new Strangles we want a BIGGGGGGGGGGGGGGGGGGGGGGGGGGGG Move up or down, either direction, just BIGGGGGGGGGGGGGGGGGGGGGGG move
Right now it’s about the 750 mark we spoke about this morning but if we don’t get big bang with earnings we’ll need to exit
If you took the Bull Call Spreads they should be flickering green today

$TSLA ( ▲ 4.31% ) is another one we here at theoptionscoach.net like to trade often
And as mentioned this morning we will be again this week
Congrats to anyone that caught any part of it today

$GE ( ▲ 2.95% ) don’t toy with our feelings here, it might actually hit $316.00 again like it did the day after earnings last week. The reason that’s significant is it’s now a reference point for resistance. It was a pretty short lived spike that’s for sure, and we can only follow the trend, not where it’s been

$JPM ( ▲ 1.24% ) Back in town 😁 😁 😁 Don’t be surprised if we’re talking about it tomorrow

The Chiefs are on MNF tonight, may they win it all again this year 😉 

The Options Coach

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