A Rocket Ship That Goes Straight Up
You better go out and buy stock now. This country will be like a rocket ship that goes straight up.
This week saw a flood of headlines — ceasefire news, a new pope, tariff talk — but the market didn’t care. The S&P is stuck between 5,600 and 5,850 and hasn’t picked a direction yet.
Market Dynamics;
• S&P: Price hasn’t made a clear move, so I’m not pressing anything here.
• Bitcoin: Acting well. Momentum looks intact.
• Sectors That Worked: Solar, airlines, gold miners, uranium names, and parts of tech caught a bid.
• Sectors That Lagged: Biotech, healthcare, social media, and housing didn’t participate.
• Commodities: Oil showed strength again. keeping an eye on how it behaves from here.
How I’m Trading It;
A couple of things are working, but I’m not looking to add unless the tape improves.
Watching a few names closely to see if they can hold up.
View Matrix Update;
· Made a few small adjustments based on how things traded this week.