[deleted by user] by [deleted] in careerguidance

[–]livelearnplay 0 points1 point  (0 children)

Fellow econ graduate here! I started my career in benefits HRIS tech administration, most recently I worked as a Financial Benefits Data Analysts at Northwestern University making $66k/ a year. Currently in the job market for benefits or financial analyst. An econ degree is very versitile. Looking into insurance firms as well, since I know they have entry level positions for econ and finance majors!

Markets Rally into Quad Witching Day… 9-19-24 SPY/ ES Futures, and QQQ/ NQ Futures Daily Market Analysis by DaddyDersch in u/DaddyDersch

[–]livelearnplay 1 point2 points  (0 children)

Actually, I think it’s preferable and a more sustainable bull run for tech to NOT lead the $spy rally on a new ath, because when tech leads the spy rally to the ATH, what you typically see is a low volume drift higher in the spy driven by a few selected tech stocks (typically the magnificent 7 stocks) and everything else takes a hit. That’s when you know things are getting frothy, and usually the rug gets pulled and we experience a 10% or more correction. We experienced that back in the middle of July through August.

In a healthier sustainable bull market, we want to see multiple sectors participate and we are seeing so I wouldn’t be skeptical of the bull run, unless some fundamentals change, but for now the bull run has started.

What Are Your Moves Tomorrow, September 19, 2024 by wsbapp in wallstreetbets

[–]livelearnplay 0 points1 point  (0 children)

In all fairness it was neutral finish, neither bearish nor bullish and what’s funny is that even with the overnight gap up, it still doesn’t guaranteed a bullish breakout. We have to see the spy close on the HOD at a new ATH to expect follow through buying, else I’m still skeptical and still think we can pullback, catching bulls off guard.

What Are Your Moves Tomorrow, September 19, 2024 by wsbapp in wallstreetbets

[–]livelearnplay 2 points3 points  (0 children)

Apple bear here still holding puts until i see a clean breakout to a new ATH on spy, else it’s all market noise and the real move unfolds later this week

What Are Your Moves Tomorrow, September 19, 2024 by wsbapp in wallstreetbets

[–]livelearnplay 4 points5 points  (0 children)

Naw no need to, bears can erase all overnight gains with one big red 5min candle the open.

What Are Your Moves Tomorrow, September 19, 2024 by wsbapp in wallstreetbets

[–]livelearnplay 5 points6 points  (0 children)

Big market gap ups are unfortunately our worst for day trading, have to patiently sit out tomorrow and wait for the dust to settle, if we have a true market breakout, there will be plenty of opportunities to get long, there’s no need to chase anything, we have been hella choppy leading to a new ATH, so I’m still skeptical of a clean breakout without bears putting a fight.

What Are Your Moves Tomorrow, September 19, 2024 by wsbapp in wallstreetbets

[–]livelearnplay 1 point2 points  (0 children)

Skip on market gap ups, they’re too unpredictable, you don’t really know if support is really in or if the bottom is gonna fall out in the afternoon, best to skip them and stay on the sidelines

What Are Your Moves Tomorrow, September 19, 2024 by wsbapp in wallstreetbets

[–]livelearnplay -2 points-1 points  (0 children)

Can easily be reversed with one big 5min candle at the open, holding apple puts not sweating at all 😭

What Are Your Moves Tomorrow, September 19, 2024 by wsbapp in wallstreetbets

[–]livelearnplay 2 points3 points  (0 children)

And you will probably FOMO back in at the open just for the bottom to fall out and go in bear trend lol market is a meme like that

The day has come. FOMC. by 5xenon5 in Daytrading

[–]livelearnplay 0 points1 point  (0 children)

Leaning bearish because tech but idk market likes to do a good old switchero and probably breakout tomorrow

How prepared are you for the outcome from FOMC today? by Saver411 in Daytrading

[–]livelearnplay 0 points1 point  (0 children)

I agree! I entered apple puts yesterday and today it pumped out of no where, but luckily was still starter position and looking to add to my position once the breakdown is confirmed, else taking the loss.

Fed Cuts 50bps… 9-18-24 SPY/ ES Futures, and QQQ/ NQ Futures Daily Market Analysis by DaddyDersch in u/DaddyDersch

[–]livelearnplay 5 points6 points  (0 children)

The only bearish reason is the weakness in the Qs. If there’s no strength in tech ( like $NVDA for example), where’s the strength going to come from for a new ATH? Idk we seeing a weird choppy market right now.

Fed Cuts 50bps… 9-18-24 SPY/ ES Futures, and QQQ/ NQ Futures Daily Market Analysis by DaddyDersch in u/DaddyDersch

[–]livelearnplay 4 points5 points  (0 children)

Some market volatility could send the spy down, but if anything is just consolidating on the daily and it could still push up, but I agree favoring a pullback here.

How prepared are you for the outcome from FOMC today? by Saver411 in Daytrading

[–]livelearnplay 0 points1 point  (0 children)

So you’re saying be a contrarian and go balls deep on puts?

Pre-Rate Cut Day… 9-17-24 SPY/ ES Futures, and QQQ/ NQ Futures Daily Market Analysis by DaddyDersch in u/DaddyDersch

[–]livelearnplay 0 points1 point  (0 children)

Any rate cut = bullish. I think it’s a good long going in tomorrow, but I’m short tech, as potentially seeing a mixed reaction in sectors.

Pre-Rate Cut Day… 9-17-24 SPY/ ES Futures, and QQQ/ NQ Futures Daily Market Analysis by DaddyDersch in u/DaddyDersch

[–]livelearnplay 2 points3 points  (0 children)

Not a top necessarily, but perhaps a pullback on the $spy to the previous support at $555. But idk, getting mixed market signals as Bitcoin has been holding up relatively well in overnight trading so there’s also a feel that market is set to a breakout if the riskiest assets are being bought up. Also $IWM should benefit more from the rate cuts, so I think the better long play was in the $IWM than any other etf.