Monday Night Call Recording 1/29/2024

For now there is no stopping this rally

Sunday night the markets opened much lower, by Monday morning they we near flat. This afternoon about 3 EST they exploded higher . Why? No one knows, FED news, Tech earnings anticipation. It’s anyone’s guess, the trend is up which makes it that simple.

Those who continue to fight the tape and the trend continue to get hammered. Yes there are many reasons to believe the markets will go lower. However, until they show signs of weakness there is no reason to fight.

Follow the trend or observe!!!!

THE FREE MARKETS MUST TRADE FREE

As traders and investors, we have one thing to remember, follow the trend of the market. Be patient disciplined and leave your emotions out. The most important thing to remember is money management and self-control.

2024-01-29 Monday Night Notes

We watch price levels, not sentiment
Be safe and healthy
Don’t be a prophet, make Profits

Bubba