AAPL has closed above $354 twice this year; both times volume dipped on follow-through. RSI around 60-65 lately.
Feels like a classic squeeze setup, but I’m leaning cautious. If $354 holds and then bounces, we might see a chop before a real move. I’d rather scale in slowly than chase.
I’m not convinced yet. Resistance levels can hold for weeks. I’d rather wait for a close above with rising volume and a follow-through higher low before touching it. Otherwise, it feels like noise.
Feels like GLD is riding the ETF trend while spot hovers near highs; any rotation back to miners like GDX or miners?
GLD up 2.1% this week; gold steady at $2,340.
Every month, GLD gets a cheer for 'looking good' while the spot price barely budges. Feels like marketing more than insight. I’d rather see real demand or a breakout.
Markets keep ignoring off-balance-sheet commitments until spreads widen. Feels like we’re rewarding hype over discipline again.
Higher rates plus financing risk = more painful corrections.
Is this a real sell signal or just noise?
Short-term options chatter doesn’t move me; I care about reserves, production, and cash flow. If fundamentals hold, I’ll buy the dip.
I’m new here—what does high put volume on $OXY actually mean? Does it usually signal a dump, or could it just be hedging? Also, how do I read those $53/$55 puts without getting burned?