facebook pixel
A peace deal was announced an hour before market close and everything exploded higher. Crude oil dropped 3.25 percent. The NQ ripped nearly 3 percent. Tim Knight has seen this exact sequence before and calls it a bull trap. The market keeps falling for peace deal announcements that never produce a signing ceremony. This one is no different until it is. Tomorrow SpaceX opens and Tim Knight requested his allocation. He expects the first hour after SPCX starts trading to be unchecked pandemonium. He closed his TLT puts because the chart was a mess and took profits on his Meta short. But he is still short everything else and watching the broken trend lines on SMH and NQ as the key resistance levels to watch into Friday. Oracle collapsed 9 percent after earnings. Space proxies are ripping: Rocket Lab up 8.5 percent, Planet Labs up 10 percent, LUNR up 15 percent. šŸ“Š tastylive: tastylive.com šŸ“° Get Tom's pre-market analysis every morning: tastylive.com/newsletters ļæ½...

Ā 5.2k

Ā 212

Ā 32

Ā 5.2k

    Suggested Credits
    Tags, Events, and Projects