Weekly Recap JUL 6, 2025

How was your weekend? For those of you here in America, how was your 4th?
Mine was good, still have 10 fingers and 11 toes 😃 

Do you like being out on the water? I do, I recently bought a new SUP ( stand up paddle board ) they’re fun.. Lots of fun…. Friends from my church have them too, we go out paddling
I’ve had SUP’s in the past, they’re Light Years different than kayaks or canoes, I have both of those also…. To maneuver a SUP takes seriously high amounts of balance and coordination…. Your are literally standing up, out on the open lake, with wind and waves, its called a “STAND UP Paddleboard” not sit and stroll……Canoes you’re sitting down, often times in a creek with a flow going down stream, they are not even remotely ball park close to being the same. If you have a weak core, weak legs, weak hand strength, bad balance or coordination, SUP’s aren’t for you. Unless you want to change all of that and gain your strength back

This past week the markets closed at new ATH’s
It was kind of like being in a canoe going with the flow, easy peezy, float downstream kind of week
But it was a short holiday week also
Before that it was more of a balancing act
Tech would be up, banks down
Chips got stuck, transports moved
One step forward, two steps back
What’s going on?

That’s life out on the open water paddling a SUP
And after hitting fresh ATH’s we could be seeing that again

I stayed in my SPY trades that I took last week
After the talking heads said we were going south
The best one is up over 390%
The last place one is still over 120%

This is just the tip of the iceberg
That trade I spoke about in ADP last week has already more than doubled
As well as a few others

Even though Futures don’t open up until 6pm EST financial outlets are reporting heavy profit taking after the market closed on Thursday and that Futures will open heavily red. (I’m not as pessimistic ) We did have a Gap Up with low volume, and could fill easily, but overall the mid range trend looks strong

Earnings season starts in about 3 weeks
It’s time for us to start taking deeper dives into that
I’m heading to the water

The Options Coach