Sunday night recap May 26, 2024

Looking at the Heat Maps we have a seriously mixed bag for the week. The monthly Heat Map however is still mean and green, the three month shows where the true strength has been. ( On Sundays I always post the Weekly, the past Month and then the past 3 months in that order )

NVDA posted blow out earnings this week on Wednesday. The rest of the general market didn’t follow as was expected, stocks sold off on Thursday with the Dow Jones taking a pummeling of 600 points.. With Fridays bounce back many stocks closed green for the week. Options traders that were long NVDA were rewarded handsomely. I myself am still holding ( I am up strong and have lots of options on my Options ) I’m watching the upcoming 10-1 stock stock split coming Jun 6, 2024. And will be looking to add more this week should the opportunity present itself.

It’s a 3 day weekend, the markets are closed tomorrow ( Monday ) As a U.S. ARMY Veteran I want to wish a Happy Memorial Day weekend to All