$SPY was ugly yesterday as we lost the 200 day MA. I still think it's a long term uptrend, but we are in a seasonally weak time so patience is key, but there are some good stocks to enter now. 

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NOTES

⁠https://finviz.com/published_map.ashx?t=sec&st=d1&f=092223&i=sec_d1_074983645⁠

Trendspider offer delayed - but there’s a great playlist on their YouTube.

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Want to see a crazy trade?

Yesterday, someone OPENED $SPLK 127 calls, for $22,000, expiring tomorrow.

Then today Cisco Systems $CSCO announced acquiring Splunk for $28B, $SPLK up 20%.

The contracts were $0.04 yesterday, now $18.30.

They exited today for a 45,650% return...

$drv - crazy good 

⁠https://x.com/unusual_whales/status/1704870849831125446?s=46&t=7y4v-tHaIEzjLo4Lw72X7g⁠

Great thread from Gene Muster on what Powell’s comments meant

⁠https://x.com/munster_gene/status/1704607576543863160?s=20⁠

Social requests 

Gabe from fb 

I was wondering what everyone thinks about NIO long I’ve been dca down to about 10.50 and and keep adding more I know the problem with ev companies is real and I think there is more downside I’m just skeptical about staying in.

Butch from FB

KO slight bullish divergence on the daily chart and weekly chart looking to find support off the 200ema. Only severe economic pressure has forced price to drop below the 200 on the weekly for well over a decade. Buy or not to buy ?? I don’t know if I’m a fan of this stock or not  solid stock but boring AF. Slow and steady 

SCANS

$KOLD

$PINS

$SPLK

$OSUR

$BMY - but this looks ugly