Tackling Options Trading Tactics, The Outlook For Tech, & 2024 Market Trends

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In this video, we discuss options trading tactics and stock market trends. We first cover the loss of momentum in sectors like technology and financials over the last few weeks. We note how high expectations were heading into Q1 earnings, and how company executives like JPMorgan Chase & Co. (JPM) CEO Jamie Dimon have shared more muted outlooks on their operations.

In tech, we claim: “We knew the crazy train wasn’t going to go on forever” in stocks like Super Micro Computer Inc. (SMCI) and Nvidia Corp. (NVDA). But as long as one key sector – and an ETF that tracks it – holds up, we think there’s still a shot we go higher over the longer-term. We also discuss energy, gold, and profit opportunities in commodity stocks.

The rest of the conversation focuses on options trading tactics and techniques. We explain how and why we focus on pattern recognition in general and “the squeeze” in particular. We cover how to profit from sentiment extremes, using a recent series of real-life Tesla Inc. (TSLA) trades as examples. Plus, we discuss options spread trading – and why options butterflies are particularly useful.

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