To everyone who started trading in 2026 and is hurting right now. Struggling is normal. A losing trade doesn’t mean you’ll never make it. You’re just in the process. When the market is easy, everyone feels invincible. Then conditions change, and that’s when you find out who you really are. Don’t compare your journey to a screenshot. You’re not behind. You’re still early. Stay in the game.
Elite Options TRADE IDEAS for week of Nov 6th 🔥 $TSLA Nov 6 410C above 400 | 🎯 410, 414 SL 395 $NVDA Nov 13 210C above 206 | 🎯 212 $SPX Nov 4 7670C above 7620 | 🎯 7670 SL 7600 $SPX Nov 4 7520P under 7580 | 🎯 7520 SL 7600 $QQQ Nov 5 700C above 693 | 🎯 700 SL 690 https://t.co/dtz3oSQb9Z
$QQQ Trade Idea: Nov 5 700C Trigger: 693 ✅ Target: 700 🎯 Stop: 690 🛑 QQQ has dropped 10.3% since October 6th. QQQ backtested the 685 support on Friday and held. If QQQ can hold 685 and reclaim 700 after the mid term elections a bottom should start to form soon. A 10% drop in QQQ is a big one so unless we get more negative news, QQQ should have a relief rally the 2nd half of this week.
TRADE PLAN for LOTTO Friday 📈 Negative reaction to INTC and AMZN earnings after hours today. Big sell off in $QQQ, it dropped from 716 near the close down to 705 shortly after. If QQQ gives up 700 we can see a deeper pull back toward 693,685 next. The earnings season this quarter really took the market down.. First with $GOOGL now with $AMZN and $INTC. Let the market drop for now... We should see a bottom form after midterms.. Come back after Nov 3rd we'll see a more straight forward market to trade.. The market keeps shifting direction every other day... AI related stocks still very sensitive so need to tread lightly until we see more tailwinds. Good luck and be patient tomorrow everyone! 🫡
$AMD is about to catch up to $NVDA. It's already up 160% on the year and has room to run. 🚀 $AMD is right back near 562, up 5% and pressing into the top of the falling wedge that has capped every bounce since the ATHs. A three-week, 22% flush took it from 653 to the 500 zone, and buyers defended that level hard. A weekly close above 562 breaks the wedge, with $1T MCAP at 612 directly overhead. Key Catalysts 🔑 Meta goes gigawatt-scale: Meta is installing Helios racks for its next frontier models and co-designing a custom MI450 chip with AMD. AMD is putting $1B into Meta's equity offering to lock the partnership in. Nov 3 earnings: Back in August, AMD guided Q3 to $13B, up 41% year over year. Stifel expects a beat-and-raise on server CPU demand, with first MI450 revenue showing up in the Q4 guide. Helios goes live: OpenAI brings Helios online this quarter, and Anthropic's 2GW deployment starts in the first half of 2027. Management pegs revenue per gigawatt in the double-digit billions. 562 is the pivot. Hold it on a weekly close and 612 is next, along with the $1T MCAP mark. Clear 612 and 653 is the last level before new ATHs. Reject 562 again and bears can retest the 500 zone. Lose that and 462 is the backtest. Trade Ideas 🚀 $AMD over 562 Day Trade: AMD 11/02 600C Swing Trade: AMD 11/20 650C The hardest part of trading is usually the waiting. It took $AMD a month to get back to 562. Getting back to ATHs could take half that long
TRADE PLAN for FOMC Wednesday 📈 All eyes on FOMC/ Warsh tomorrow. The first move at 11am PST is never the real move. Wait for Warsh to start answering questions at the presser at 11:30am PST. If SPX continues to hold above 7700 and $QQQ hold above 715 after FOMC.. We can see the market continue to rip higher into the weekend. SPX to 7800 and QQQ to 734 possible. We're finally seeing chip and memory stocks lead the market back higher as well. $AMD touched 501 last Friday and bounced to 560+ today. AMD to 600 in play in November. $SMH also dropped near 517 last week and moved near 560. $TSLA through 414 can run to 420 and up to 434 next. It's been a while since we've seen TSLA above 400. $NBIS should've sold off after Elon's comments but instead it was bought up too. Lots of bullish action with negative news hitting the wire the past week... Time to buy the dip... 🫡
The last time $TSLA spent this long coiling under one level, it ran 1,286% $TSLA closed near 400 again, near the highs of a range it’s been building since 2021. If the latest 400 break isn't immediately sold off, $TSLA can push back towards ATHs near 500. If it fails again, 380 needs to hold, otherwise bears can force a backtest of 350 🔑 Key Catalysts Neocloud Shakeout: Musk says lenders have shut the door on AI cloud companies with no outside revenue and 200+ of them face “guppy-level death.” Tesla pays for its own Cortex clusters with car and energy cash, and a $30B debt line sits unused SpaceX Merger Committees: Both boards formed special committees on Oct 20 to study a combination with $SPCX. Barclays upgraded to Overweight this morning with a $450 target on the takeover premium. Robotaxi and Optimus Ramp: 300+ Cybercabs are already running in Austin, with Dallas rides starting next month. The Optimus line in Fremont is built for 1M robots a year If 400 holds on a monthly close, $TSLA can see a monster rally towards 550, which puts $TSLA into very exclusive company: $2T MCAP, which only 7 other firms have ever achieved. Above 550, the next shelves are 700 and 930.10, a 132% move off the top of the range. If 400 fails again, $TSLA stays inside the sub 400 accumulation box. 🚀 Trade Ideas $TSLA above 400 Swing Trade: 11/20 420C Day Trade: 10/30 410C A lot of people have waited over 5 years for this trade. When the time comes, make sure you don't have to wait another 5 years
TRADE PLAN for Tuesday 📈 $SPX and $QQQ held up well today after SPX dropped to 7611 on Friday. If SPX tested 7700 today but rejected quickly. SPX Needs through 7700 after FOMC to look more bullish.. $QQQ dropped to 701 last week and popped up to 715 today. IF QQQ can hold above 707 and SPX holds 7620 the market can start to form a bottom. Be aware that we still have FOMC+ $MSFT $GOOGL $AMZN $SNDK earnings and GDP/PCE numbers coming on Wednesday and Thursday. We started to see the Chip and memory stocks look stronger today. $MU held 900, $SNDK closed +20 and $AMD up 14 on the day. $SMH can start to bottom as well if it holds 525. We'll see if a bottom forms by the end of next week. Tread lightly until the first week of November. Good luck tmrw everyone!! 🫡
$QQQ held above the 700 support at the open now at 708, it needs up 2 more minimum to gain some momentum to the upside, $SPX held the previous ATH at 7620 so far, needs back above 7700 to look better next week Chip and memory stocks starting to inch higher as well.. $AMD up 11, $SMH up 7 pts today, $MU up 30 pts.. Let's see if the market can push back higher later today
