Website Update and tech news

Fresh new ATH’s againnnnnn……
GOOGL just beat, that’s good. AMD which is a competitor of NVDA’s did not
AMD is dropping as we speak
Concerns are mounting that earnings season itself may not be enough to drive stocks higher. Only time will tell on that one. One thing we all know for sure is that markets don’t keep making fresh highs on weakness

Speaking of weakness, GE is out…. GE is now officially starting to have shorts enter. And they are winning… When it lost on earnings it dropped by a whopping 9%. It attempted to recover, but it didn’t. It’s now down 11.70% from pre earnings. ouch…..

NVDA is “waffling” here after hours most likely from fears of performing like AMD
META as we have shared already reports this week. One thing of concern with it is that will they announce a price split? Hopefully not

HD closed down almost 2% today. The good thing however is that it did find and bounce off of the 50 day SMA. We like that. We’ll like it more if it continues to move north

We can’t be in any rush for anything here, patience is proving to be the name of the game here lately. Sometimes in life the race isn’t always to the swift, but to those that keep on moving….

The Options Coach

Website Update:
This morning I had a very productive meeting with the Rep that I work with from the hosting site for theoptionscoach.net
What I believe is best is to hold off until we can move to our full website rather than offer the Premium edition in newsletter form only
Today I was told the expected time is Mid DEC 2024. And was informed of the tremendous progress being made for it, and the ease of use it will have
Two months will be here before we know it, that time will pass and also allow me to create some great educational items that will be posted there when we are up and running.

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