Big Guava Trading

$1,000 per day keeps the desk job away. #LearnAndEarn #ManifestYourReality #TakeThisJobAndShoveIt

What I'm watching next week: - $SPY and $SMH holding above Thursday's lows keeps Friday's bounce intact. Losing them means the flush isn't finished. - $VIX needs to stay below 25 to show fear is easing. Another close above Thursday's 28 would be a warning. - Mon, Nov 9: $ONTO, $RKLB and $ASTS report after the close. - Tue, Nov 10, CPI: Headline is forecast at +0.3% MoM (prior +0.6%) and 3.9% YoY (prior 3.7%). Core is forecast at +0.2% MoM and 2.8% YoY (prior 2.6%). A hot print is the obvious risk for the chip rebound. - Thu, Nov 12: jobless claims, existing home sales, and the 30-year bond auction. $NBIS, $TWST, $FPS, $AMAT, $CSCO, and $CBRS. - Fri, Nov 13: PPI, forecast at +0.4% (prior +1.3%).

For all new traders out there, I want to share a great strategy I've utilized to avoid losses in market downturns like we've seen this week: Get sick for 3 days straight and don't open your trading app. Follow me for more trading tips and tricks.

With Waymo ($GOOGL) recently deployed in Tampa, I've been monitoring its prices vs. UberX ($UBER). When no surge pricing was present, UberX has been the cheaper option. Are others seeing this in their cities? I feel like the only way adoption works for Waymo and Robotaxi ($TSLA) is a rate that is 15% or greater discount to the cheapest human driver competitor, but maybe I'm wrong.

Behold thy anchored VWAP pinch from recent pivot lows on S&P Futures. $SPY $ES

Rough day, but there is some relative strength winners Confirmed New Leaders (held across all three): • $HYG - High yield credit leading risk-on. Went from early mover Friday → confirmed leader Monday • $UNG - Natural gas breaking out • $DVN, $MPW, $NU, $WBD - Stock-level new leaders Energy rotation gaining traction on weekly: • $USO, $XOP - Oil/gas becoming new leaders Early Movers showing persistence: • $FXI, $KIE, $KWEB - China and insurance on breakout watch all day • $IGV, $IHI - Software and healthcare equipment catching bids • $ADBE, $APP, $JD, $PLTR - Individual stocks improving ________________________________________ The Deterioration Story Breakdowns accelerating by close: • $ARKK, $JETS - Added to breakdown list by Monday close (weren't there at 1:30pm) • $XLY - Consumer discretionary confirmed breakdown • $AMZN, $AFRM, $F, $LULU, $COF - Weekly breakdowns expanding Bitcoin miners/AI compute losing steam: • $ASTS, $BITF, $CLSK, $IREN, $CIFR, $APLD - consistent weakness Robotics/automation fading: • $BOTZ, $ROBO, $DTCR - momentum dying ________________________________________ Where to look for relative strength: 1. Energy $DVN, $XOP, $USO - cleanest rotation into leadership 2. Credit/Risk-On proxies $HYG - confirming risk appetite exists somewhere 3. Value/Defensive growth $BTG, $KO, $PG, $PLUG on weekly - defensive new leaders 4. China $FXI, $KWEB - speculative but improving Avoid the traps: • Tech/growth laggards $ARKW, $HACK, $SKYY, $CIBR still deep in the doghouse • Bitcoin miners despite crypto strength - relative strength not confirming • $AMZN weekly breakdown is notable given its weight Weekly distribution signals suggest being selective!

youtu.be/iUlGErZuSOI?si=Da6x… Amazing wrap up tonight by @TedHZhang and the @RevereAsset team. Whole thing worth a watch. Many names that should be on your radar. I watch these videos every night and then the weekend wrap up they do. You should too!

$ARES putting in 2x RVOL today off the .618 recent swing fib level. Looking for a move back over today's high for a swing trade.

$PEP on a 4 day heater, notably putting in a big day last Friday post earnings when market tanked. $KO and $KDP have been lagging, but both look to be turning up and putting in launchpad setups on the daily this week. Neither is nearly as sexy as quantum, rare earth, or Australian seed oil names, but if you want to sell CSPs or long with less volatility, here's your huckleberry.

$LMND very strong bounce off the 50 day SMA today. Bullish launchpad setup on rising volume. Looking for a push to and over $62 with a stop at the 50 day (~$52).

$GOOGL / $GOOG / $GGLL in full timeframe continuity after today's price action, but still in a daily Darvas Box. The analysis and trade plan as supplied by @JarvisFlow: Summary: $GOOGL maintains strong upward momentum with price ($250.43) above all key EMAs (8-day $246.73, 21-day $241.99) and SMA50 ($222.42), confirming trend strength. RSI_14 at 69.48 nears overbought territory, while MACD histogram at -1.84 indicates fading bullish drive amid recent pullback from $251.32 high. Plan: a) IF price breaks above $251.32 → THEN long entry targeting $256.76 (Bollinger top), stop below $244.58 low. b) IF drops below $244.58 → THEN bias shifts neutral, target $241.99 (EMA21) support.

$FUBO on the heels of voters approving the merger with $DIS, a somewhat inexplicable swan dive back down to $3.75. Buyers stepped in big time at that level with volume to hold what ends up being the 61.8% retrace of the recent move dating back to 20 Aug. Looking for double bottom to add to existing position.

$LUNR beautiful contraction pattern set up today - long over $11.33.

$OSCR Cup & Handle within the handle of a larger Cup & Handle. Very meta bullish.