3/8/2021 Sorry for the late post. I still think markets are going to bounce this week, although QQQ is down about 1% near market open today.

Hi everyone. I took a couple of bullish trades last week on market close Friday because I thought we’d get a bounce in those stocks and the indexes this week. So far, as of the market open today (9 minutes in), it looks like that isn’t the case, but we do have all week to find out if PTON and PLTR (and the indexes) close higher for the week. I’m bullish on stocks this week. You can look at the previous post from Friday last week to see more details on those trades.

QQQ Daily chart below:

SPY did significantly better than QQQ last week. Daily chart below:

I hope you have a great week!

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