Pre Market OCT 17, 2024

“Stonkz” are green here in the Pre Market this morning
All of the major indexes are bouncing back too
TSM beat earnings, that matters biggleeee.. Why??
Do you remember yesterday how dismissive I was of the ASML selloff causing tech to crash on Tuesday? And how I stated that ASML and it’s suppliers “Weren’t the boss of everyone else” This is now why this morning.. TSM is the supplier for NVDA, the markets 3.4 trillion market cap tech stock. TSM had stated previously that they were strong and never spoke of having the same issues that ASML and it’s suppliers have…….

NVDA is now up over 3.2% here in the Pre, enough about that……
In the after market report today I’m hoping to offer some new plays for NVDA. Be sure to check it out

GEO. If you missed yesterday afternoons edition of theoptionscoach.net our options are now up over 960% in just 3 weeks ( we shared the actual P+L screenshot )
It’s now surpassed CAT as out biggest winner as of late. ( not of all time, has a ways to go for that ) We may be taking profits soon but still like it for other plays.

CAT is flirting with 395 here in the Pre, if it breaks above that it is back into investment play. We still like the 395 / 400 Bull Call Spreads for OCT 25, 2024 PROVIDING that CAT raises above 395 with strong volume

S+P Support is now up at 5,835
Time to grind

The Options Coach