#Phew! Understand this..

#few

Phew! NVDA is up 12% yesterday and another 3% in the pre-market.

Bullet dodged?

This morning, I included the additional part of the chart showing trend levels and momentum. If we look at October and April, we tend to see this momo retest.

Something to watch is if any potential pullback comes on falling volatility.

Here is an adjustment to the chart I normally post of SPX seasonality linked to options expiry date rather than calendar date.

I shifted left one month and everything fell back into place. Mr Croissant often talks about holidays, leap years, etc impacting “seasonality”.