The day that wasn't

The day

If today wasn’t one of the biggest “rug pulls” in U.S. Stock market history I don’t know what it was
I’ve been saying it, and I take no pleasure in it
“2025 will not be like 2024, the drops will be faster and bigger”
If the markets wanted to make a point, they did so today

AMZN, not counting it out, not yet

META showed some resilience by staying above its 50 day SMA
If META continues to find Support here at the $650.00 - $660.00 range anddddd gets some much needed Volume, it might not sell off as hard as some of the others

NVDA sank like a rock…………..
Absolute headache for investors today
The fact it dropped below $125.00 is the hardest part for many
The only caveat is it’s holding above $120.00 and that is nothing to brag about

SFM rug pull, I’m not going to candy coat anything, that one just was not pretty today Any drops further south would break its bottom trendline, that wouldn’t be a good thing

TSLA is at $281.00, that’s not far from its $271.00 price target

WMT at one point today was up almost 2%… It closed up 0.62%
We’re fans of WMT, its finding support here at the bottom of its long term trend and that doesn’t suck

As mentioned in this Sundays Weekly Recap starting tomorrow FEB 28, 2025 I’m taking 2 weeks off from working ( maybe less ) to include writing theoptionscoach.net 
The timing isn’t ideal, not for me at least, but I already have “Stuff to do”

You’re all grown adults, no one can tell any of you what to do
When it comes to the markets what I would suggest to better your odds is simple
Do what we always talk about::
We don’t buy when a stock is red or on down days
We set STOPS and HONOR THEM
We always buy at the MID price
And we never chase stocks

Capital Preservation beats Wealth Generation
If you lose all of your money, you can’t invest

I’ll see all of you again real soon and you already know I’m going to say it, “go get outside in nature when you can, you won’t regret it” 😃 

The Options Coach

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