Pre Market NOV 25, 2024

Stocks are very green in the Pre Market today
All except NVDA, it’s wiffle / waffling and even red most of the time

The catalyst for this mornings “surprise rise” is the President Elects nominee for Treasury Secretary

This Pre Market price action is good, it gives confirmation to the continuation of the trend which is still strong. The flipside however is that many stocks had pullbacks at the end of last week and are now playing catch up, not just high, higher and highest
Days like today make active traders dreams come true, especially those who are market savvy enough to capitalize off of these short term moves. For investors it wont mean as much yet as many stocks are simply trying to recapture what they gave up last week

The moral of the story, and I promise there are others speaking about this right now also, is that in the stock market, you have to get it when the getting is good. We don’t get to dictate when we want to make money, the market tells us when it’s ready to allow it

Stocks that we have mentioned and been playing here in the last month are all in play here today.. Banks are even strong this morning, very strong.
GS looks to be leading the way now up 1.7%

We like CAT and COST a lot here still at theoptionscoach.net 
And intend to add to both of those today should this mornings rise hold
CAT crossed up north of $400.00 just now
COST it’s no secret we want for longer term
META is sneaking up slowly but still on the radar

SFM, up 1% and getting closer to that $150.00 mark
What an absolute beast that one has been, plan on taking a deep dive after the market open to see new Options with it

S+P Support is now at 5,940 😃 That doesn’t suck
Time to grind

The Options Coach